CSBR Options History — January 2022

In January 2022, CSBR traded between $7.75 and $8.57. ATM implied volatility averaged 167.8%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 49.3%. IV traded above realized volatility by 125.2% (HV 20d: 42.6%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.04.

Notable Days

2022-01-10: Highest Volume — 2,991 contracts
2022-01-12: Largest IV spike — 282.3% change
2022-01-14: Highest IV Rank — 86.1%
2022-01-14: Largest Expected Move — 86.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.02	$7.75	$8.57	$8.42	$8.02
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	167.8%	64.5%	300.6%	89.1%	138.0%
Expected Move	49.3%	25.5%	86.2%	25.5%	39.6%
HV 20d	42.6%	36.0%	45.5%	44.6%	36.9%
HV 60d	43.4%	40.8%	44.3%	40.8%	44.3%
IV Rank	41.4%	6.6%	86.1%	14.8%	31.3%
IV Percentile	60.4%	1.4%	99.3%	10.0%	48.1%
Term Structure	-44.9%	-109.9%	61.3%	61.3%	-57.8%
VWIV	127.2%	76.4%	189.4%	89.1%	122.4%
Skew 25d	-14.0%	-315.6%	65.9%	-98.5%	17.7%
Skew 10d	-19.6%	-300.3%	44.4%	-33.8%	32.7%
Call IV 25d	182.4%	77.0%	421.9%	200.6%	92.1%
Put IV 25d	168.4%	102.1%	318.4%	102.1%	109.8%
Bid-Ask Spread %	141.53	114.05	158.67	117.53	143.03
Gamma HHI	0.45	0.28	1.00	1.00	0.36
Net GEX	4.2K	104	8.2K	171	8.2K
Net DEX	-436.2K	-834.9K	-9.5K	-10.6K	-651.1K
Net VEX	-2.7K	-4.4K	-27	-27	-4.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.04	0.00	0.25	0.25	0.00
Total Volume	700.474	5	2,991	5	609
Total OI	1,218.053	32	1,970	32	1,900

Daily Data (19 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
2022-01-03	$8.42	$7.50	89.1%	25.5%	44.6%	14.8%	89.1%	-98.5%	61.3%	171	-10.6K	-27	0.25	117.53	N/A	N/A	4	1	21	11
2022-01-04	$8.57	$7.50	122.2%	35.0%	44.8%	26.0%	122.2%	-106.8%	8.5%	128	-11.3K	-28	0.25	117.92	N/A	N/A	4	1	22	11
2022-01-05	$8.16	$7.50	140.4%	40.3%	42.5%	32.1%	140.4%	-123.4%	-61.3%	104	-9.5K	-30	0.25	148.77	N/A	N/A	4	1	23	11
2022-01-06	$8.32	$7.50	130.1%	38.9%	41.1%	28.7%	105.7%	55.9%	-33.2%	155	-10.0K	-31	0.00	144.93	N/A	N/A	1,827	1	24	11
2022-01-07	$7.88	$7.50	142.8%	43.3%	45.5%	32.9%	107.6%	63.8%	-43.0%	264	-27.4K	-155	0.00	114.05	N/A	N/A	569	1	89	11
2022-01-10	$7.89	$7.50	107.9%	33.6%	44.6%	21.2%	104.6%	14.1%	-36.6%	263	-23.2K	-132	0.00	122.16	N/A	N/A	2,990	1	95	11
2022-01-11	$8.13	$7.50	64.5%	33.9%	45.5%	6.6%	76.4%	55.4%	8.8%	6.2K	-579.2K	-3.9K	0.00	134.64	N/A	N/A	2,925	1	1,641	11
2022-01-12	$8.15	$7.50	246.7%	70.7%	45.4%	67.9%	142.5%	-25.7%	-80.8%	4.6K	-364.9K	-2.7K	0.00	158.67	N/A	N/A	1,634	3	1,239	11
2022-01-13	$8.10	$7.50	292.5%	83.8%	45.1%	83.4%	156.4%	-25.6%	-105.1%	4.8K	-834.9K	-4.2K	0.00	157.18	N/A	N/A	667	3	1,780	10
2022-01-14	$7.94	$7.50	300.6%	86.2%	45.5%	86.1%	165.5%	-34.4%	-109.9%	4.3K	-808.3K	-4.2K	0.00	158.15	N/A	N/A	643	1	1,783	10
2022-01-18	$7.87	$7.50	173.4%	49.7%	44.5%	43.2%	116.5%	-10.6%	-63.9%	5.4K	-729.9K	-4.1K	0.01	142.03	N/A	N/A	99	1	1,783	11
2022-01-19	$7.85	$7.50	147.8%	42.4%	43.4%	34.6%	107.5%	18.0%	-28.1%	5.8K	-660.5K	-4.1K	0.01	150.67	N/A	N/A	99	1	1,770	11
2022-01-20	$7.97	$7.50	109.4%	31.4%	43.8%	21.7%	106.8%	20.5%	22.0%	6.0K	-707.6K	-4.2K	0.01	149.79	N/A	N/A	90	1	1,770	11
2022-01-21	$7.96	$7.50	141.4%	40.5%	41.9%	32.5%	101.5%	41.3%	27.3%	8.1K	-434.5K	-3.7K	0.01	147.31	N/A	N/A	90	1	1,771	11
2022-01-24	$7.99	$7.50	246.1%	70.6%	39.8%	67.8%	153.8%	65.9%	-89.7%	7.0K	-584.0K	-4.0K	0.00	153.34	N/A	N/A	89	0	1,770	0
2022-01-25	$7.75	$7.50	209.2%	60.0%	41.0%	55.3%	189.4%	-315.6%	-100.9%	4.9K	-627.3K	-3.7K	0.00	133.92	N/A	N/A	89	0	1,770	0
2022-01-26	$7.75	$7.50	161.1%	46.2%	37.9%	39.1%	134.5%	59.6%	-75.0%	7.7K	-466.5K	-3.6K	0.00	142.87	N/A	N/A	364	1	1,770	0
2022-01-28	$7.75	$7.50	225.6%	64.7%	36.0%	60.8%	174.8%	62.0%	-96.3%	6.4K	-746.4K	-4.4K	0.00	152.17	N/A	N/A	493	1	1,969	1
2022-01-31	$8.02	$7.50	138.0%	39.6%	36.9%	31.3%	122.4%	17.7%	-57.8%	8.2K	-651.1K	-4.2K	0.00	143.03	N/A	N/A	608	1	1,899	1