CSBR Options History — December 2021

In December 2021, CSBR traded between $7.75 and $8.43. ATM implied volatility averaged 150.9%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 34.0%. IV traded above realized volatility by 99.6% (HV 20d: 51.3%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2021-12-13: Highest Volume — 116 contracts
2021-12-06: Largest IV spike — 227.0% change
2021-12-13: Highest IV Rank — 100.0%
2021-12-01: Largest Expected Move — 60.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.12	$7.75	$8.43	$8.20	$8.36
Max Pain	$7.97	$7.50	$10.00	$10.00	$7.50
ATM IV	150.9%	69.2%	341.8%	211.2%	95.0%
Expected Move	34.0%	19.8%	60.6%	60.6%	27.2%
HV 20d	51.3%	44.5%	55.2%	51.7%	44.8%
HV 60d	37.6%	35.9%	40.7%	37.0%	40.7%
IV Rank	25.0%	8.1%	100.0%	100.0%	16.8%
IV Percentile	26.5%	2.9%	100.0%	100.0%	12.9%
Term Structure	-19.3%	-83.4%	111.0%	-83.4%	-52.9%
VWIV	117.2%	42.2%	212.1%	212.1%	95.0%
Skew 25d	-58.3%	-229.6%	70.3%	-34.9%	-51.5%
Skew 10d	9.2%	-36.1%	164.4%	-8.8%	-2.3%
Call IV 25d	193.2%	76.2%	367.9%	286.4%	141.7%
Put IV 25d	134.9%	58.7%	251.5%	251.5%	90.2%
Bid-Ask Spread %	142.24	121.33	154.29	151.40	130.98
Gamma HHI	0.82	0.50	1.00	0.55	1.00
Net GEX	-42	-580	58	32	-16
Net DEX	-7.9K	-10.3K	1.5K	-9.8K	-10.3K
Net VEX	-32	-46	-25	-28	-29
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.33	2.00	0.50	0.33
Total Volume	18.619	3	116	3	4
Total OI	46.095	25	124	25	32

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-12-01	$8.20	$10.00	211.2%	60.6%	51.7%	0.0%	212.1%	-34.9%	-83.4%	32	-9.8K	-28	0.50	151.40	N/A	N/A	2	1	20	5
2021-12-02	$8.31	$10.00	197.0%	56.5%	48.3%	0.0%	192.4%	-50.1%	-57.2%	42	-9.8K	-29	0.50	148.88	N/A	N/A	2	1	20	5
2021-12-03	$8.43	$10.00	70.3%	20.2%	48.7%	0.0%	211.1%	8.0%	6.6%	8	-8.9K	-27	0.50	121.33	N/A	N/A	2	1	20	5
2021-12-06	$7.92	$0.00	229.9%	40.0%	48.0%	0.0%	0.0%	-23.9%	-7.8%	46	-9.0K	-27	0.50	148.57	N/A	N/A	2	1	20	5
2021-12-07	$8.21	$0.00	232.9%	39.8%	51.0%	0.0%	0.0%	-19.4%	-6.0%	41	-8.9K	-29	0.33	147.90	N/A	N/A	3	1	20	5
2021-12-09	$8.23	$0.00	286.4%	39.9%	51.2%	0.0%	0.0%	-31.2%	-27.4%	58	-10.2K	-27	0.33	153.36	N/A	N/A	3	1	21	5
2021-12-10	$8.02	$0.00	273.4%	41.1%	51.4%	0.0%	0.0%	-26.2%	-41.8%	53	-9.4K	-27	0.33	150.97	N/A	N/A	3	1	21	5
2021-12-13	$8.16	$0.00	341.8%	34.4%	52.2%	100.0%	131.5%	-55.6%	0.2%	33	-10.3K	-25	0.97	140.76	N/A	N/A	59	57	21	5
2021-12-14	$8.23	$7.50	87.8%	26.5%	52.5%	14.4%	42.2%	-96.4%	-23.3%	-333	-2.5K	-46	2.00	154.29	N/A	N/A	31	62	72	52
2021-12-15	$8.10	$7.50	77.4%	22.2%	52.6%	10.9%	70.1%	-70.0%	28.2%	-580	1.5K	-44	0.39	144.78	N/A	N/A	33	13	67	51
2021-12-16	$8.02	$7.50	103.9%	29.8%	52.6%	19.8%	76.0%	-72.3%	-24.2%	-88	-2.2K	-38	0.52	145.57	N/A	N/A	25	13	64	51
2021-12-17	$8.23	$7.50	106.2%	30.4%	54.1%	20.6%	106.2%	-65.8%	-31.8%	-59	-3.1K	-37	0.52	135.91	N/A	N/A	25	13	64	51
2021-12-20	$8.00	$7.50	111.8%	32.0%	53.9%	22.5%	111.8%	-77.2%	-28.6%	-28	-9.3K	-33	0.33	129.21	N/A	N/A	3	1	21	13
2021-12-21	$8.02	$7.50	103.1%	29.5%	52.9%	19.5%	103.1%	-124.6%	-38.1%	-96	-9.6K	-33	0.33	147.83	N/A	N/A	3	1	21	13
2021-12-22	$7.75	$7.50	92.3%	26.5%	53.3%	15.9%	92.3%	-33.5%	-12.8%	5	-7.4K	-34	0.33	130.20	N/A	N/A	3	1	21	12
2021-12-23	$8.04	$7.50	104.2%	29.9%	55.1%	19.9%	104.2%	70.3%	-45.7%	-10	-8.2K	-32	0.33	138.49	N/A	N/A	3	1	21	11
2021-12-27	$7.94	$7.50	134.7%	38.6%	55.2%	30.2%	134.7%	-229.6%	-15.0%	-31	-9.9K	-29	0.33	151.25	N/A	N/A	3	1	21	11
2021-12-28	$8.27	$7.50	80.2%	23.0%	52.9%	11.9%	80.2%	17.7%	2.0%	14	-10.1K	-30	0.33	140.78	N/A	N/A	3	1	21	11
2021-12-29	$7.98	$7.50	69.2%	19.8%	50.0%	8.1%	69.2%	-202.6%	111.0%	43	-8.8K	-30	0.33	136.95	N/A	N/A	3	1	21	11
2021-12-30	$8.19	$7.50	160.2%	45.9%	44.5%	38.8%	160.2%	-56.4%	-58.0%	-9	-10.1K	-28	0.33	137.62	N/A	N/A	3	1	21	11
2021-12-31	$8.36	$7.50	95.0%	27.2%	44.8%	16.8%	95.0%	-51.5%	-52.9%	-16	-10.3K	-29	0.33	130.98	N/A	N/A	3	1	21	11