CSBR Options History — July 2023

In July 2023, CSBR traded between $6.08 and $7.17. ATM implied volatility averaged 119.4%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded above realized volatility by 69.7% (HV 20d: 49.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-07-07: Highest Volume — 197 contracts
  • 2023-07-10: Largest IV spike — 281.5% change
  • 2023-07-10: Highest IV Rank — 56.0%
  • 2023-07-03: Largest Expected Move — 61.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.63$6.08$7.17$6.21$6.49
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV119.4%43.8%290.2%214.0%163.7%
Expected Move27.5%9.8%61.3%61.3%46.9%
HV 20d49.7%46.5%56.3%48.2%46.5%
HV 60d51.7%49.5%53.4%52.6%52.0%
IV Rank18.5%1.9%56.0%39.2%28.2%
IV Percentile28.8%1.6%82.5%60.3%46.4%
Term Structure8.1%-303.3%228.5%-303.3%-31.0%
VWIV96.6%48.8%209.7%48.8%209.7%
Skew 25d-62.7%-402.9%63.4%-98.5%53.1%
Skew 10d-123.5%-431.2%129.7%-273.0%0.6%
Call IV 25d156.3%32.6%477.3%165.8%85.5%
Put IV 25d93.6%45.8%170.8%67.3%138.6%
Bid-Ask Spread %136.8097.00182.32179.98146.81
Gamma HHI0.620.460.850.780.46
Net GEX-3.7K-15.9K3.0K-9.0K35
Net DEX-140.3K-371.5K360.3K360.3K-162.0K
Net VEX-790-2.0K-290-2.0K-691
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.003.000.000.02
Total Volume18.45019700
Total OI3,225.351,1054,1893,9801,199

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$6.21$5.00214.0%61.3%48.2%39.2%0.0%-98.5%-303.3%-9.0K360.3K-2.0K0.00179.98N/AN/A004733,507
2023-07-05$6.08$5.00177.0%50.8%48.7%31.1%0.0%49.1%-228.3%-15.9K318.0K-1.8K0.00182.32N/AN/A004733,507
2023-07-06$6.19$5.00192.2%16.6%48.5%34.5%0.0%63.4%144.6%-14.3K296.8K-1.7K0.00159.21N/AN/A004733,507
2023-07-07$6.46$5.0076.1%10.8%49.3%9.0%48.8%-30.9%22.2%-10.7K-64.9K-9320.0097.00N/AN/A19704733,507
2023-07-10$6.46$5.00290.2%11.6%48.0%56.0%0.0%-61.6%15.3%-13.7K57.7K-1.5K0.00106.99N/AN/A006693,507
2023-07-11$6.73$5.0081.7%9.8%48.6%10.2%61.5%-118.8%20.3%-6.3K-242.2K-8280.00106.98N/AN/A506693,507
2023-07-12$6.89$5.0047.4%13.6%48.5%2.7%49.2%-53.8%-5.8%-847-340.2K-4230.00100.64N/AN/A1206743,507
2023-07-13$6.83$5.0047.8%13.7%47.6%2.8%0.0%-34.6%-7.2%-1.8K-323.0K-4600.00103.29N/AN/A006773,507
2023-07-14$6.71$5.0043.8%12.5%48.2%1.9%59.7%-4.4%5.6%-4.5K-289.3K-4810.00119.48N/AN/A0506773,507
2023-07-17$7.17$5.00138.7%39.8%52.2%22.7%191.6%-218.3%-137.5%-2.7K-338.0K-5640.00128.52N/AN/A206773,507
2023-07-18$6.84$5.0053.6%15.4%56.3%4.0%56.1%0.0%13.4%1.0K-338.5K-4210.00146.66N/AN/A506753,508
2023-07-19$6.96$5.0050.0%14.3%51.6%3.3%0.0%-10.1%22.3%605-357.0K-3460.00146.03N/AN/A006803,509
2023-07-20$6.95$5.0047.8%13.7%49.8%2.8%0.0%-88.1%228.5%3.0K-371.5K-2900.00133.66N/AN/A006803,509
2023-07-21$6.97$5.0051.8%14.9%48.9%3.7%0.0%-45.0%70.9%1.2K-340.8K-4990.00128.27N/AN/A016803,509
2023-07-24$6.77$5.00156.7%44.9%50.4%26.7%209.7%-52.7%51.5%-142-142.5K-6393.00160.24N/AN/A26499606
2023-07-25$6.42$5.00163.5%46.9%54.6%28.2%0.0%-402.9%133.1%-259-109.2K-6520.00158.09N/AN/A00501611
2023-07-26$6.46$5.0061.5%17.6%50.9%5.8%0.0%4.3%-24.9%794-182.2K-3870.00130.73N/AN/A00501611
2023-07-27$6.50$5.00186.5%53.5%49.1%33.2%0.0%-66.5%100.9%-271-117.1K-6140.00148.49N/AN/A10501611
2023-07-28$6.49$5.00144.2%41.3%48.9%23.9%0.0%-75.3%71.5%-349-120.2K-5930.02152.59N/AN/A862501611
2023-07-31$6.49$5.00163.7%46.9%46.5%28.2%0.0%53.1%-31.0%35-162.0K-6910.00146.81N/AN/A00586613