CSBR Options History — April 2022

In April 2022, CSBR traded between $7.63 and $8.54. ATM implied volatility averaged 203.8%, placing in the 45.4% IV rank vs the trailing year. The 30-day expected move averaged 37.7%. IV traded above realized volatility by 160.8% (HV 20d: 43.0%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.01.

Notable Days

  • 2022-04-07: Highest Volume — 3,332 contracts
  • 2022-04-21: Largest IV spike — 92.5% change
  • 2022-04-12: Highest IV Rank — 100.0%
  • 2022-04-22: Largest Expected Move — 55.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.04$7.63$8.54$8.24$7.77
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV203.8%90.6%480.3%217.7%91.5%
Expected Move37.7%23.3%55.7%36.4%26.2%
HV 20d43.0%34.8%55.3%55.3%35.4%
HV 60d44.7%43.6%45.7%45.4%45.3%
IV Rank45.4%10.5%100.0%57.9%10.7%
IV Percentile61.5%7.5%100.0%87.6%8.2%
Term Structure-10.9%-120.3%61.5%-120.3%-14.4%
VWIV220.5%167.6%283.3%167.6%232.2%
Skew 25d-31.7%-322.3%45.2%-7.5%-95.3%
Skew 10d13.1%-322.3%116.8%66.8%-49.9%
Call IV 25d200.2%102.6%323.4%178.1%274.7%
Put IV 25d168.5%1.1%235.8%170.6%179.4%
Bid-Ask Spread %131.73108.19148.59134.69143.61
Gamma HHI0.370.360.380.370.38
Net GEX15.1K11.2K20.1K16.9K11.2K
Net DEX-1.5M-2.0M-1.1M-1.4M-1.9M
Net VEX-8.4K-9.9K-6.7K-8.1K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.020.010.01
Total Volume866.4503,332565777
Total OI4,121.153,4244,7873,8724,309

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$8.24$7.50217.7%36.4%55.3%57.9%167.6%-7.5%-120.3%16.9K-1.4M-8.1K0.01134.69N/AN/A56233,8693
2022-04-04$8.54$7.50264.9%44.0%55.3%73.8%229.8%-14.9%13.4%13.7K-2.0M-9.2K0.00142.44N/AN/A86044,1033
2022-04-05$8.33$7.50291.1%23.3%53.3%82.6%211.3%-58.6%17.4%12.6K-1.1M-6.7K0.02131.67N/AN/A22443,4195
2022-04-06$8.07$7.50333.0%32.4%54.5%96.6%215.2%-70.2%47.8%12.2K-1.3M-6.9K0.01136.92N/AN/A39243,4515
2022-04-07$8.13$7.50315.2%44.6%53.4%90.6%207.4%-32.3%-12.5%13.4K-1.2M-7.0K0.00141.00N/AN/A3,32753,4515
2022-04-08$8.17$7.50297.6%49.3%53.3%84.7%183.8%24.1%-19.0%16.1K-1.7M-9.6K0.00131.15N/AN/A2,05954,4616
2022-04-11$7.86$7.50279.3%27.5%54.7%78.6%210.8%45.2%-8.2%18.4K-1.2M-8.3K0.01108.19N/AN/A69354,4606
2022-04-12$8.05$7.50480.3%37.8%51.2%100.0%227.6%-1.1%-13.8%20.1K-1.5M-9.9K0.01127.71N/AN/A69354,7816
2022-04-13$8.07$7.5095.6%27.4%37.2%11.6%216.2%-7.3%13.6%19.8K-1.4M-9.2K0.01108.28N/AN/A84754,7816
2022-04-14$8.01$7.5095.7%27.4%35.2%11.6%209.1%35.1%61.5%18.2K-1.4M-8.9K0.01117.91N/AN/A78854,2617
2022-04-18$8.13$7.50117.8%33.8%35.8%16.7%242.8%20.3%39.9%15.7K-1.4M-8.3K0.01128.13N/AN/A78753,9287
2022-04-19$8.21$7.50155.8%44.7%36.0%25.4%207.9%23.8%-6.4%16.3K-1.4M-8.4K0.01135.60N/AN/A78753,9287
2022-04-20$7.94$7.5090.6%26.0%37.0%10.5%189.6%6.8%12.2%16.8K-1.2M-7.6K0.01108.92N/AN/A78753,9287
2022-04-21$7.96$7.50174.3%50.0%35.3%29.7%232.6%-20.4%-33.1%12.6K-1.6M-8.1K0.01143.39N/AN/A58553,9287
2022-04-22$7.91$7.50194.2%55.7%35.3%34.3%234.7%8.1%-28.6%15.0K-1.4M-8.5K0.01135.69N/AN/A76854,0827
2022-04-25$7.63$7.50123.7%35.5%35.4%18.1%233.4%-61.1%-9.1%12.4K-1.7M-8.7K0.01132.56N/AN/A76854,2927
2022-04-26$7.90$7.50158.8%45.5%36.2%26.1%255.1%-51.2%-46.2%13.6K-1.8M-8.8K0.01135.82N/AN/A76854,2927
2022-04-27$7.96$7.50157.4%45.1%36.3%25.8%0.0%-54.2%-64.7%11.7K-1.9M-8.8K0.00148.59N/AN/A004,2927
2022-04-28$7.94$7.50142.3%40.8%34.8%22.3%283.3%-322.3%-46.8%15.1K-1.4M-8.1K0.01142.36N/AN/A77254,2927
2022-04-29$7.77$7.5091.5%26.2%35.4%10.7%232.2%-95.3%-14.4%11.2K-1.9M-8.5K0.01143.61N/AN/A77254,3027