CSBR Options History — September 2023

In September 2023, CSBR traded between $5.20 and $6.49. ATM implied volatility averaged 168.4%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 116.2% (HV 20d: 52.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 2.91.

Notable Days

2023-09-14: Highest Volume — 129 contracts
2023-09-22: Largest IV spike — 285.9% change
2023-09-11: Highest IV Rank — 91.4%
2023-09-28: Largest Expected Move — 79.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.89	$5.20	$6.49	$6.49	$6.04
Max Pain	$6.11	$5.00	$7.50	$5.00	$7.50
ATM IV	168.4%	56.6%	452.2%	71.2%	256.3%
Expected Move	34.8%	12.7%	79.1%	20.4%	73.5%
HV 20d	52.2%	34.7%	65.0%	40.7%	64.5%
HV 60d	47.5%	43.2%	51.2%	44.2%	50.5%
IV Rank	28.8%	3.9%	91.4%	7.9%	48.1%
IV Percentile	47.7%	9.9%	99.6%	18.7%	80.6%
Term Structure	-83.7%	-321.8%	-5.4%	-24.1%	-321.8%
VWIV	60.1%	50.1%	69.1%	59.4%	69.1%
Skew 25d	6.0%	-176.9%	171.2%	171.2%	46.5%
Skew 10d	0.9%	-222.8%	322.8%	28.1%	48.4%
Call IV 25d	86.1%	43.8%	246.0%	83.8%	107.0%
Put IV 25d	92.1%	46.1%	255.0%	255.0%	153.5%
Bid-Ask Spread %	146.34	122.43	167.81	123.38	160.12
Gamma HHI	0.52	0.39	0.62	0.60	0.53
Net GEX	904	418	1.6K	1.6K	698
Net DEX	-50.0K	-94.6K	-15.0K	-41.4K	-94.6K
Net VEX	-321	-434	-221	-267	-434
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.91	0.00	12.00	0.00	2.00
Total Volume	8	0	129	0	0
Total OI	333	267	405	267	383

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-09-01	$6.49	$5.00	71.2%	20.4%	40.7%	7.9%	0.0%	171.2%	-24.1%	1.6K	-41.4K	-267	0.00	123.38	N/A	N/A	0	0	213	54
2023-09-05	$6.45	$0.00	107.6%	12.7%	40.5%	15.9%	0.0%	2.8%	-7.7%	1.5K	-36.0K	-258	0.00	122.43	N/A	N/A	0	0	213	54
2023-09-06	$6.32	$0.00	272.0%	19.2%	41.2%	52.0%	59.4%	5.5%	-5.4%	1.3K	-28.0K	-225	0.00	146.79	N/A	N/A	1	0	213	54
2023-09-07	$6.37	$5.00	136.5%	14.0%	41.1%	22.2%	0.0%	0.0%	-5.5%	1.3K	-37.8K	-272	0.00	162.04	N/A	N/A	0	0	214	54
2023-09-08	$6.43	$5.00	402.2%	37.3%	40.8%	80.4%	0.0%	0.0%	-78.9%	654	-62.7K	-348	0.00	165.15	N/A	N/A	0	0	214	54
2023-09-11	$6.44	$5.00	452.2%	39.6%	36.3%	91.4%	0.0%	38.8%	-84.6%	666	-62.0K	-344	0.17	164.90	N/A	N/A	6	1	214	54
2023-09-12	$6.40	$5.00	143.3%	41.1%	34.7%	23.1%	0.0%	0.0%	-89.1%	643	-62.1K	-343	12.00	167.81	N/A	N/A	1	12	215	55
2023-09-13	$5.61	$5.00	56.6%	16.2%	57.8%	3.9%	50.1%	0.0%	-6.9%	418	-23.2K	-261	0.00	133.71	N/A	N/A	0	5	216	67
2023-09-14	$5.46	$5.00	139.8%	40.1%	57.7%	22.3%	0.0%	-17.1%	-75.7%	563	-15.0K	-221	0.37	133.21	N/A	N/A	94	35	221	75
2023-09-15	$5.35	$5.00	59.9%	17.2%	57.6%	4.7%	0.0%	0.0%	-12.6%	817	-32.3K	-295	0.00	132.72	N/A	N/A	0	0	315	90
2023-09-18	$5.41	$5.00	170.5%	48.9%	57.9%	29.1%	0.0%	-51.3%	-30.2%	931	-54.4K	-370	0.00	158.39	N/A	N/A	0	0	311	62
2023-09-19	$5.20	$5.00	56.7%	16.3%	54.0%	4.0%	0.0%	-15.7%	-7.1%	694	-31.1K	-278	0.00	128.71	N/A	N/A	0	0	311	62
2023-09-20	$5.46	$7.50	58.7%	16.8%	57.8%	4.4%	0.0%	-14.0%	-14.9%	859	-37.4K	-296	0.00	126.86	N/A	N/A	0	0	311	69
2023-09-21	$5.41	$7.50	62.7%	18.0%	57.2%	5.3%	0.0%	-9.8%	-10.0%	636	-38.9K	-320	2.00	137.54	N/A	N/A	1	2	311	69
2023-09-22	$5.48	$7.50	242.1%	69.4%	57.5%	45.0%	0.0%	0.0%	-231.2%	535	-83.4K	-415	0.00	166.24	N/A	N/A	0	0	311	71
2023-09-25	$5.49	$7.50	150.6%	43.2%	57.6%	24.7%	61.9%	24.4%	-138.0%	1.0K	-43.4K	-315	0.00	144.81	N/A	N/A	0	1	311	71
2023-09-26	$5.87	$7.50	179.3%	51.4%	61.7%	31.1%	69.1%	-176.9%	-205.4%	951	-70.2K	-401	0.00	145.45	N/A	N/A	0	1	311	71
2023-09-27	$5.87	$7.50	73.9%	21.2%	61.8%	7.8%	0.0%	13.6%	-19.4%	1.2K	-61.6K	-340	0.00	141.33	N/A	N/A	0	0	311	72
2023-09-28	$6.18	$7.50	275.8%	79.1%	65.0%	52.4%	0.0%	66.4%	-306.1%	1.1K	-84.6K	-423	0.00	165.16	N/A	N/A	0	0	311	72
2023-09-29	$6.04	$7.50	256.3%	73.5%	64.5%	48.1%	0.0%	46.5%	-321.8%	698	-94.6K	-434	0.00	160.12	N/A	N/A	0	0	311	72