CSBR Options History — April 2023

In April 2023, CSBR traded between $4.15 and $5.54. ATM implied volatility averaged 83.6%, placing in the 10.6% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 42.1% (HV 20d: 41.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 38.11.

Notable Days

  • 2023-04-26: Highest Volume — 2,549 contracts
  • 2023-04-10: Largest IV spike — 219.1% change
  • 2023-04-10: Highest IV Rank — 46.5%
  • 2023-04-12: Largest Expected Move — 38.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.86$4.15$5.54$4.15$4.96
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV83.6%38.8%247.3%117.0%38.8%
Expected Move22.0%11.1%38.9%33.6%11.1%
HV 20d41.5%29.0%49.7%30.9%48.9%
HV 60d32.6%26.9%37.3%26.9%37.2%
IV Rank10.6%0.8%46.5%18.0%0.8%
IV Percentile8.5%0.4%69.0%16.7%0.4%
Term Structure0.7%-101.1%210.2%-94.8%15.7%
VWIV68.8%15.0%145.4%100.2%37.6%
Skew 25d17.2%-214.9%120.2%71.7%99.0%
Skew 10d38.3%-218.7%178.0%27.9%100.1%
Call IV 25d158.5%66.1%324.8%113.2%144.0%
Put IV 25d175.7%76.4%260.5%184.9%242.9%
Bid-Ask Spread %106.7373.23147.61116.4982.08
Gamma HHI0.780.510.980.890.98
Net GEX-6.4K-62.0K2.1K-184-62.0K
Net DEX54.8K-120.6K712.8K29.4K712.8K
Net VEX-582-1.8K-209-209-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio38.110.00423.831.001.00
Total Volume175.10502,54902
Total OI849.5792703,2902703,290

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$4.15$5.00117.0%33.6%30.9%18.0%0.0%71.7%-94.8%-18429.4K-2090.00116.49N/AN/A00104166
2023-04-04$4.19$5.00100.2%28.7%31.3%14.3%100.2%-28.1%112.3%-23716.7K-2231.00125.26N/AN/A11105166
2023-04-05$4.38$5.0096.0%27.5%35.8%13.3%97.7%42.0%-47.0%-19625.7K-2290.00119.22N/AN/A700106167
2023-04-06$4.50$5.0077.5%16.1%37.2%9.3%0.0%81.0%-0.4%5617.6K-2970.00127.75N/AN/A00172167
2023-04-10$4.67$5.00247.3%34.6%39.0%46.5%0.0%0.0%-16.6%9114.5K-2850.00147.61N/AN/A01172167
2023-04-11$4.74$5.0046.9%18.5%38.6%2.6%0.0%76.3%-0.7%25111.4K-3030.00129.15N/AN/A092172168
2023-04-12$4.71$5.00135.8%38.9%37.8%22.1%145.4%120.2%-61.3%-1.2K23.8K-3300.52134.97N/AN/A205106172259
2023-04-13$4.76$5.0082.4%23.6%35.3%10.4%0.0%15.4%-9.4%-2.2K33.4K-5110.75100.56N/AN/A2015355365
2023-04-14$4.77$5.0064.3%18.4%29.0%6.4%0.0%48.6%3.8%-2.4K38.2K-5280.10101.11N/AN/A202375380
2023-04-17$5.19$5.0075.9%21.8%39.5%8.9%75.0%3.4%-0.9%-5.5K-36.2K-5750.0095.10N/AN/A340395382
2023-04-18$5.54$5.0066.5%19.1%43.3%6.9%0.0%51.6%2.9%-1.7K-78.2K-5870.0086.80N/AN/A330427383
2023-04-19$5.25$5.0064.5%18.5%48.3%6.4%0.0%-7.0%-4.5%-2.6K-42.6K-6100.0790.15N/AN/A151450383
2023-04-20$5.19$5.0071.5%20.5%47.9%8.0%72.3%-99.9%-12.9%-3.7K-53.8K-6320.1473.23N/AN/A142460384
2023-04-21$5.14$5.0057.8%16.6%48.4%5.0%0.0%20.0%2.4%1.6K-70.2K-5880.0095.49N/AN/A50461385
2023-04-24$5.05$5.0070.7%20.3%49.4%7.8%15.0%27.4%8.5%1.3K-54.8K-5580.00104.22N/AN/A01448169
2023-04-25$5.08$5.0042.5%12.2%49.4%1.6%0.0%-214.9%210.2%1.3K-120.6K-5560.00110.34N/AN/A00448169
2023-04-26$5.04$5.0089.8%25.7%49.2%12.0%35.0%-32.2%-101.1%2.1K-56.9K-548423.83102.56N/AN/A62,543448169
2023-04-27$4.96$5.0042.9%12.3%49.7%1.7%41.2%34.7%6.7%-45.6K630.5K-1.8K68.0085.83N/AN/A21364532,700
2023-04-28$4.96$5.0038.8%11.1%48.9%0.8%37.6%99.0%15.7%-62.0K712.8K-1.7K1.0082.08N/AN/A114532,837