CSBR Options History — May 2023

In May 2023, CSBR traded between $4.28 and $5.29. ATM implied volatility averaged 112.4%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 30.9%. IV traded above realized volatility by 56.4% (HV 20d: 56.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2023-05-19: Highest Volume — 22 contracts
  • 2023-05-17: Largest IV spike — 314.0% change
  • 2023-05-18: Highest IV Rank — 47.9%
  • 2023-05-18: Largest Expected Move — 72.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.80$4.28$5.29$4.92$4.97
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV112.4%53.9%253.5%64.8%66.2%
Expected Move30.9%15.4%72.7%18.6%19.0%
HV 20d56.0%47.1%63.4%49.2%61.8%
HV 60d44.2%36.6%49.2%37.3%49.0%
IV Rank17.0%4.1%47.9%6.5%6.8%
IV Percentile22.8%2.4%75.0%3.6%7.5%
Term Structure13.1%-94.4%147.4%-9.9%-15.2%
VWIV85.4%49.0%163.8%64.8%49.0%
Skew 25d59.2%-25.4%130.2%38.5%-0.9%
Skew 10d81.1%-1.3%236.2%74.7%-1.3%
Call IV 25d116.0%47.6%223.6%191.9%52.3%
Put IV 25d175.1%51.4%243.9%230.4%51.4%
Bid-Ask Spread %139.7595.45167.0695.45144.13
Gamma HHI0.690.500.980.970.50
Net GEX-11.1K-43.8K847-34.9K788
Net DEX604.4K-51.4K1.2M585.3K-25.2K
Net VEX-769-1.7K-338-1.7K-394
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.001.441.000.00
Total Volume2.77302240
Total OI2,409.7275073,3003,291511

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$4.92$5.0064.8%18.6%49.2%6.5%64.8%38.5%-9.9%-34.9K585.3K-1.7K1.0095.45N/AN/A224532,838
2023-05-02$4.96$5.0063.9%18.3%49.2%6.3%63.9%46.8%-8.2%-36.7K577.3K-1.7K0.0099.03N/AN/A014532,839
2023-05-03$5.06$5.0056.2%16.1%49.3%4.6%0.0%33.9%0.6%-43.8K535.4K-1.6K0.00110.61N/AN/A004532,840
2023-05-04$5.12$0.0057.8%16.5%47.6%5.0%0.0%-6.6%-0.7%-43.1K467.6K-1.6K0.00112.55N/AN/A004532,840
2023-05-05$5.17$0.0062.4%15.8%47.1%6.0%0.0%82.6%44.4%-40.8K415.3K-1.6K0.00122.38N/AN/A1004532,840
2023-05-08$4.71$0.0068.7%16.6%57.6%7.4%0.0%45.4%49.1%-37.0K779.8K-1.3K0.00121.75N/AN/A014522,840
2023-05-09$4.37$0.00194.1%31.4%63.1%34.9%163.8%83.9%10.1%6191.2M-4231.33154.20N/AN/A344522,840
2023-05-10$4.28$5.00103.8%29.8%63.4%15.1%0.0%116.4%2.0%-17.7K875.2K-9320.00163.34N/AN/A014542,845
2023-05-11$4.31$5.0062.8%18.0%63.3%6.1%0.0%115.1%-3.4%6001.2M-3800.00124.88N/AN/A004542,845
2023-05-12$4.29$5.0053.9%15.4%63.3%4.1%0.0%27.1%-11.7%4861.2M-3550.00117.57N/AN/A004542,845
2023-05-15$4.41$5.0091.2%26.2%55.3%12.3%0.0%121.4%19.2%4661.2M-3380.00149.71N/AN/A004542,845
2023-05-16$4.36$5.0057.9%16.6%48.0%5.0%0.0%-23.0%70.9%4521.1M-4550.00137.09N/AN/A104542,845
2023-05-17$4.52$5.00239.8%68.8%48.2%44.9%0.0%-25.4%-94.4%4041.1M-4770.00160.42N/AN/A004552,845
2023-05-18$4.59$5.00253.5%72.7%48.9%47.9%0.0%-18.0%147.4%4581.2M-4810.00163.53N/AN/A004552,845
2023-05-19$4.80$5.00239.8%68.8%52.0%44.9%0.0%-16.2%108.6%5031.2M-4971.44165.83N/AN/A9134552,845
2023-05-22$5.22$5.00174.7%50.1%60.2%30.6%0.0%103.7%40.1%746-51.4K-4930.00159.01N/AN/A100356161
2023-05-23$5.29$5.00174.1%49.9%60.3%30.5%0.0%106.0%17.7%847-39.9K-4530.00159.25N/AN/A00346161
2023-05-24$5.18$5.0054.8%15.7%60.8%4.3%0.0%93.2%13.3%767-44.1K-4720.00143.67N/AN/A20346161
2023-05-25$5.17$5.00112.8%32.3%60.5%17.0%49.0%122.8%-40.2%742-37.6K-4490.00155.74N/AN/A02348161
2023-05-26$4.99$5.00159.0%45.6%61.9%27.2%0.0%124.6%-41.4%670-32.3K-4420.00167.06N/AN/A00348163
2023-05-30$5.00$5.0061.2%17.5%61.8%5.7%0.0%130.2%-10.1%816-29.8K-4060.00147.36N/AN/A00348163
2023-05-31$4.97$5.0066.2%19.0%61.8%6.8%0.0%-0.9%-15.2%788-25.2K-3940.00144.13N/AN/A00348163