CSBR Options History — May 2025

In May 2025, CSBR traded between $5.78 and $6.53. ATM implied volatility averaged 243.2%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 73.8%. IV traded above realized volatility by 163.1% (HV 20d: 80.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.63.

Notable Days

2025-05-28: Highest Volume — 55 contracts
2025-05-14: Largest IV spike — 243.5% change
2025-05-12: Highest IV Rank — 78.8%
2025-05-12: Largest Expected Move — 113.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.07	$5.78	$6.53	$6.45	$5.88
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	243.2%	90.3%	386.3%	372.9%	249.1%
Expected Move	73.8%	31.9%	113.3%	106.9%	71.4%
HV 20d	80.1%	69.9%	93.9%	88.5%	71.6%
HV 60d	78.0%	75.3%	80.0%	75.3%	79.6%
IV Rank	44.9%	8.7%	78.8%	75.6%	46.3%
IV Percentile	58.2%	7.9%	95.2%	93.7%	63.5%
Term Structure	-10.1%	-249.1%	254.7%	-91.5%	-120.7%
VWIV	221.7%	89.9%	357.1%	252.1%	89.9%
Skew 25d	-131.8%	-270.2%	346.5%	-75.9%	-270.2%
Skew 10d	-58.8%	-267.1%	134.5%	-60.2%	69.2%
Call IV 25d	380.0%	77.3%	494.9%	387.6%	443.1%
Put IV 25d	248.3%	68.0%	440.0%	311.7%	172.9%
Bid-Ask Spread %	157.77	145.32	166.36	145.32	162.82
Gamma HHI	0.21	0.19	0.24	0.24	0.21
Net GEX	1.0K	847	1.9K	1.9K	939
Net DEX	-118.1K	-146.0K	-94.9K	-142.3K	-115.2K
Net VEX	-466	-601	-404	-601	-437
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.00	6.00	0.38	6.00
Total Volume	7.762	0	55	0	7
Total OI	546.857	413	645	634	462

Daily Data (21 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
2025-05-01	$6.45	$5.00	372.9%	106.9%	88.5%	75.6%	0.0%	-75.9%	-91.5%	1.9K	-142.3K	-601	0.00	145.32	N/A	N/A	0	0	604	30
2025-05-02	$5.79	$5.00	190.6%	54.6%	93.9%	32.4%	0.0%	-260.4%	234.9%	926	-102.9K	-408	0.38	147.45	N/A	N/A	8	3	604	30
2025-05-05	$6.07	$0.00	225.7%	95.5%	90.6%	40.8%	0.0%	-150.8%	-147.7%	1.7K	-134.7K	-574	0.00	165.15	N/A	N/A	1	0	603	33
2025-05-06	$5.83	$0.00	203.9%	66.9%	86.8%	35.6%	252.1%	-267.1%	-4.1%	914	-109.9K	-444	0.00	156.54	N/A	N/A	9	0	603	33
2025-05-07	$5.78	$5.00	236.9%	99.4%	86.8%	43.4%	0.0%	-54.9%	11.9%	896	-115.1K	-440	0.00	157.80	N/A	N/A	0	0	612	33
2025-05-08	$5.90	$5.00	265.5%	58.8%	81.3%	50.2%	205.0%	-261.9%	49.3%	899	-121.0K	-460	0.00	162.07	N/A	N/A	9	0	612	33
2025-05-09	$6.12	$5.00	294.2%	73.3%	79.0%	57.0%	0.0%	-245.9%	-20.1%	986	-121.2K	-460	0.00	163.27	N/A	N/A	1	0	612	33
2025-05-12	$6.08	$5.00	386.3%	113.3%	75.9%	78.8%	0.0%	-222.3%	-152.3%	896	-138.3K	-497	0.00	166.36	N/A	N/A	1	0	612	33
2025-05-13	$6.09	$5.00	90.3%	66.6%	69.9%	8.7%	0.0%	-217.7%	-50.3%	1.1K	-123.0K	-460	0.00	163.77	N/A	N/A	30	0	612	22
2025-05-14	$6.53	$5.00	310.2%	88.9%	73.3%	60.8%	0.0%	-80.8%	-249.1%	1.3K	-129.7K	-489	0.00	165.99	N/A	N/A	0	0	612	22
2025-05-15	$6.44	$5.00	302.6%	86.8%	73.3%	59.0%	0.0%	-229.4%	-57.7%	1.0K	-145.4K	-507	0.00	166.30	N/A	N/A	0	10	612	22
2025-05-16	$6.33	$5.00	251.2%	72.0%	73.1%	46.8%	304.7%	-244.6%	60.4%	950	-146.0K	-481	1.00	156.24	N/A	N/A	10	10	612	22
2025-05-19	$5.92	$5.00	165.3%	47.4%	75.7%	26.4%	0.0%	-53.1%	208.9%	931	-95.8K	-440	0.00	147.94	N/A	N/A	0	0	407	6
2025-05-20	$6.33	$5.00	322.4%	92.4%	80.8%	63.7%	0.0%	67.3%	-116.9%	1.0K	-107.5K	-477	0.00	152.46	N/A	N/A	0	0	407	6
2025-05-21	$6.05	$5.00	357.5%	102.5%	81.1%	72.0%	0.0%	-167.6%	-167.4%	883	-100.4K	-442	0.00	157.73	N/A	N/A	0	0	407	6
2025-05-22	$5.92	$5.00	294.1%	84.3%	81.0%	57.0%	357.1%	-33.9%	-9.7%	872	-99.2K	-445	0.00	159.00	N/A	N/A	3	0	407	6
2025-05-23	$5.81	$5.00	208.7%	59.8%	80.2%	36.7%	0.0%	-177.1%	-50.9%	852	-94.9K	-404	0.00	148.59	N/A	N/A	0	0	410	6
2025-05-27	$5.86	$5.00	137.8%	39.5%	79.0%	19.9%	0.0%	-121.9%	0.0%	847	-104.8K	-408	0.00	163.11	N/A	N/A	0	0	410	6
2025-05-28	$6.03	$5.00	130.8%	37.5%	80.1%	18.3%	121.1%	346.5%	216.7%	946	-107.5K	-439	0.00	154.72	N/A	N/A	55	0	410	6
2025-05-29	$6.20	$5.00	111.1%	31.9%	81.1%	13.6%	89.9%	-45.5%	254.7%	1.1K	-125.8K	-481	0.20	150.47	N/A	N/A	5	1	460	6
2025-05-30	$5.88	$5.00	249.1%	71.4%	71.6%	46.3%	0.0%	-270.2%	-120.7%	939	-115.2K	-437	6.00	162.82	N/A	N/A	1	6	455	7