CSBR Options History — February 2025

In February 2025, CSBR traded between $9.68 and $11.57. ATM implied volatility averaged 195.0%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 50.2%. IV traded above realized volatility by 120.8% (HV 20d: 74.2%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.15.

Notable Days

2025-02-26: Highest Volume — 25 contracts
2025-02-06: Largest IV spike — 137.8% change
2025-02-10: Highest IV Rank — 51.6%
2025-02-28: Largest Expected Move — 74.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.58	$9.68	$11.57	$10.12	$10.27
Max Pain	$10.13	$7.50	$12.50	$7.50	$10.00
ATM IV	195.0%	76.6%	279.7%	172.1%	261.3%
Expected Move	50.2%	22.0%	74.9%	49.3%	74.9%
HV 20d	74.2%	66.7%	102.2%	102.2%	66.7%
HV 60d	94.2%	91.0%	95.7%	91.0%	95.7%
IV Rank	32.3%	5.2%	51.6%	27.0%	47.4%
IV Percentile	39.3%	2.8%	64.3%	29.4%	61.1%
Term Structure	-32.6%	-150.7%	113.5%	113.5%	-89.0%
VWIV	164.1%	73.1%	259.2%	132.1%	129.2%
Skew 25d	-53.7%	-227.2%	62.8%	-227.2%	-28.3%
Skew 10d	-57.6%	-282.2%	170.0%	-124.6%	-204.5%
Call IV 25d	244.5%	97.5%	361.5%	361.5%	352.8%
Put IV 25d	190.8%	43.5%	343.5%	134.3%	324.5%
Bid-Ask Spread %	149.20	130.65	164.20	164.20	152.79
Gamma HHI	0.28	0.23	0.32	0.28	0.28
Net GEX	2.9K	2.0K	3.6K	2.4K	2.9K
Net DEX	-303.8K	-367.8K	-236.2K	-282.5K	-282.1K
Net VEX	-949	-1.0K	-786	-1.0K	-900
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.15	0.00	1.00	0.00	0.04
Total Volume	5.263	0	25	0	0
Total OI	535.737	468	571	549	506

Daily Data (19 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
2025-02-03	$10.12	$7.50	172.1%	49.3%	102.2%	27.0%	0.0%	-227.2%	113.5%	2.4K	-282.5K	-1.0K	0.00	164.20	N/A	N/A	0	0	494	55
2025-02-04	$10.91	$7.50	142.4%	40.8%	83.4%	20.3%	132.1%	-165.2%	-57.7%	3.5K	-315.2K	-1.0K	0.00	146.37	N/A	N/A	4	0	494	55
2025-02-05	$11.14	$7.50	76.6%	22.0%	82.3%	5.2%	170.7%	-169.8%	42.9%	3.6K	-338.9K	-1.0K	0.00	145.58	N/A	N/A	5	0	494	55
2025-02-06	$10.79	$12.50	182.1%	35.3%	74.7%	29.3%	0.0%	-103.0%	-49.1%	3.2K	-316.9K	-1.0K	0.50	135.87	N/A	N/A	2	1	496	55
2025-02-07	$11.18	$12.50	227.1%	39.0%	71.1%	39.6%	0.0%	-37.2%	-58.6%	3.1K	-338.8K	-1.0K	0.00	146.24	N/A	N/A	0	0	496	56
2025-02-10	$11.57	$12.50	279.7%	35.9%	70.2%	51.6%	0.0%	58.6%	0.7%	3.5K	-367.8K	-999	0.00	150.52	N/A	N/A	6	0	496	56
2025-02-11	$10.54	$12.50	229.4%	45.3%	78.0%	40.1%	0.0%	-36.3%	-47.1%	3.2K	-287.1K	-977	0.00	151.58	N/A	N/A	0	0	501	56
2025-02-12	$10.88	$12.50	200.2%	57.4%	77.6%	33.5%	73.1%	-68.5%	-57.4%	3.5K	-315.6K	-956	1.00	155.19	N/A	N/A	1	1	501	56
2025-02-13	$10.88	$12.50	190.3%	54.5%	76.2%	31.2%	0.0%	1.6%	-69.1%	3.0K	-352.2K	-962	0.00	155.90	N/A	N/A	0	0	500	56
2025-02-14	$10.90	$12.50	195.1%	55.9%	72.0%	32.3%	0.0%	24.1%	-70.8%	2.9K	-331.0K	-1.0K	0.00	153.28	N/A	N/A	0	1	500	56
2025-02-18	$10.48	$12.50	157.6%	45.2%	73.5%	23.7%	188.2%	62.8%	-30.2%	3.0K	-299.7K	-948	0.00	143.06	N/A	N/A	16	0	500	56
2025-02-19	$10.55	$7.50	217.6%	62.4%	71.6%	37.4%	0.0%	31.1%	-87.8%	2.4K	-290.1K	-896	0.00	153.10	N/A	N/A	1	0	500	56
2025-02-20	$10.43	$7.50	235.4%	67.5%	70.5%	41.5%	0.0%	-42.1%	-150.7%	2.5K	-301.8K	-947	0.00	150.74	N/A	N/A	7	0	500	56
2025-02-21	$10.29	$7.50	226.0%	64.8%	67.9%	39.4%	0.0%	-49.1%	-66.5%	2.9K	-290.3K	-877	0.00	156.38	N/A	N/A	0	0	515	56
2025-02-24	$9.85	$7.50	178.4%	51.2%	68.2%	28.5%	196.0%	-85.0%	-11.7%	2.0K	-277.0K	-887	0.00	130.65	N/A	N/A	19	0	442	31
2025-02-25	$9.68	$10.00	240.9%	69.1%	66.9%	42.8%	259.2%	-213.2%	-32.5%	2.7K	-236.2K	-786	0.00	148.63	N/A	N/A	0	1	437	31
2025-02-26	$10.18	$10.00	109.0%	31.3%	68.9%	12.6%	129.2%	9.8%	48.7%	2.7K	-253.5K	-859	0.04	145.49	N/A	N/A	24	1	437	32
2025-02-27	$10.41	$10.00	184.6%	52.9%	68.4%	29.9%	0.0%	16.2%	52.4%	2.7K	-295.6K	-938	0.00	149.29	N/A	N/A	0	10	463	33
2025-02-28	$10.27	$10.00	261.3%	74.9%	66.7%	47.4%	0.0%	-28.3%	-89.0%	2.9K	-282.1K	-900	0.00	152.79	N/A	N/A	0	0	463	43