CSBR Options History — August 2023

In August 2023, CSBR traded between $6.23 and $6.75. ATM implied volatility averaged 112.9%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 30.2%. IV traded above realized volatility by 73.2% (HV 20d: 39.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.68.

Notable Days

  • 2023-08-02: Highest Volume — 62 contracts
  • 2023-08-16: Largest IV spike — 259.3% change
  • 2023-08-30: Highest IV Rank — 46.8%
  • 2023-08-30: Largest Expected Move — 71.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.44$6.23$6.75$6.35$6.66
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV112.9%45.0%248.3%79.7%56.2%
Expected Move30.2%12.9%71.2%22.8%16.1%
HV 20d39.7%34.6%46.5%46.5%39.4%
HV 60d45.6%42.9%52.4%52.3%44.3%
IV Rank17.0%2.1%46.8%9.8%4.6%
IV Percentile29.4%2.4%77.8%17.5%10.3%
Term Structure-33.7%-204.6%255.6%-37.7%-19.8%
VWIV68.6%41.7%95.4%95.4%41.7%
Skew 25d-3.2%-184.5%172.8%3.4%172.8%
Skew 10d-44.2%-210.4%122.7%-8.2%48.8%
Call IV 25d93.7%44.5%391.2%44.5%60.8%
Put IV 25d90.5%45.1%295.9%47.9%233.6%
Bid-Ask Spread %137.43111.55165.91126.22112.94
Gamma HHI0.540.440.730.470.57
Net GEX9892681.8K9061.4K
Net DEX-136.3K-222.0K-44.9K-177.0K-44.9K
Net VEX-384-602-289-468-306
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.001.000.381.00
Total Volume3.8706200
Total OI856.7832551,2491,199267

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$6.35$5.0079.7%22.8%46.5%9.8%0.0%3.4%-37.7%906-177.0K-4680.00126.22N/AN/A00586613
2023-08-02$6.25$5.0084.9%24.3%46.2%10.9%95.4%0.2%-41.1%474-162.8K-4740.38119.83N/AN/A4517586613
2023-08-03$6.33$5.00128.7%13.5%46.0%20.5%0.0%2.4%7.9%547-161.6K-6020.00119.55N/AN/A00612630
2023-08-04$6.32$5.0073.6%13.2%43.3%8.4%0.0%1.2%6.9%1.2K-190.9K-4680.00113.61N/AN/A00612630
2023-08-07$6.25$5.0085.2%15.6%43.5%11.0%0.0%-1.3%0.5%515-179.1K-4800.00117.46N/AN/A00612630
2023-08-08$6.30$5.0079.9%13.8%40.7%9.8%0.0%-0.8%-9.3%910-175.6K-4811.00141.55N/AN/A11612630
2023-08-09$6.23$5.0054.3%15.6%39.5%4.2%0.0%0.0%-14.1%268-133.6K-5510.00123.53N/AN/A00613631
2023-08-10$6.33$5.0048.1%13.8%40.2%2.8%0.0%4.8%4.6%908-205.7K-3340.00145.37N/AN/A00613631
2023-08-11$6.66$5.00137.9%39.5%44.2%22.5%0.0%-184.5%-147.1%742-206.0K-5610.00164.55N/AN/A05613631
2023-08-14$6.46$5.0048.8%14.0%37.7%3.0%0.0%0.0%3.5%814-222.0K-3400.00135.59N/AN/A00613630
2023-08-15$6.53$5.0045.0%12.9%34.6%2.1%41.7%103.2%12.2%639-219.9K-3270.00142.58N/AN/A04613630
2023-08-16$6.34$5.00161.5%46.3%35.1%27.7%0.0%0.0%-114.6%667-205.2K-3181.00154.89N/AN/A22613634
2023-08-17$6.38$5.0052.2%15.0%35.3%3.7%0.0%6.2%255.6%1.2K-195.1K-2940.00122.49N/AN/A00613636
2023-08-18$6.40$5.0049.5%14.2%35.3%3.1%0.0%5.4%-5.0%1.7K-207.0K-2890.00129.15N/AN/A00613636
2023-08-21$6.75$5.0050.2%14.4%39.5%3.3%0.0%12.1%-5.7%1.4K-47.5K-3060.00124.59N/AN/A10020253
2023-08-22$6.54$5.0049.1%14.1%36.2%3.1%0.0%1.6%-8.9%1.7K-50.9K-3030.00111.55N/AN/A0021253
2023-08-23$6.62$5.00124.3%35.6%36.4%19.6%0.0%-25.0%-13.0%1.8K-49.8K-2980.00154.72N/AN/A0021253
2023-08-24$6.46$5.00239.7%68.7%37.5%44.9%0.0%0.0%-90.2%934-58.4K-3430.00164.73N/AN/A0021253
2023-08-25$6.36$5.00240.8%69.0%37.9%45.1%0.0%0.0%-97.4%929-53.5K-3270.00163.35N/AN/A0021253
2023-08-28$6.58$5.00240.1%68.8%39.9%45.0%0.0%-60.0%-116.1%1.0K-61.8K-3390.00165.91N/AN/A0021253
2023-08-29$6.53$5.00218.2%62.5%39.1%40.2%0.0%0.0%-204.6%746-54.3K-3180.00151.19N/AN/A0021253
2023-08-30$6.49$5.00248.3%71.2%38.7%46.8%0.0%-95.3%-142.1%1.3K-72.4K-3091.00155.53N/AN/A1121253
2023-08-31$6.66$5.0056.2%16.1%39.4%4.6%0.0%172.8%-19.8%1.4K-44.9K-3060.00112.94N/AN/A0021354