CSBR Options History — September 2025

In September 2025, CSBR traded between $6.29 and $8.26. ATM implied volatility averaged 354.8%, placing in the 73.1% IV rank vs the trailing year. The 30-day expected move averaged 97.7%. IV traded above realized volatility by 270.9% (HV 20d: 83.9%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.07.

Notable Days

  • 2025-09-15: Highest Volume — 216 contracts
  • 2025-09-08: Largest IV drop — 46.6% change
  • 2025-09-05: Highest IV Rank — 99.8%
  • 2025-09-03: Largest Expected Move — 129.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.73$6.29$8.26$7.01$6.47
Max Pain$4.05$2.50$7.50$7.50$2.50
ATM IV354.8%221.4%464.8%438.7%221.4%
Expected Move97.7%63.5%129.3%125.8%63.5%
HV 20d83.9%52.8%103.7%67.1%100.1%
HV 60d81.6%70.0%88.2%80.2%81.5%
IV Rank73.1%40.7%99.8%93.5%40.7%
IV Percentile82.5%46.4%99.6%98.0%46.4%
Term Structure-51.6%-242.8%288.7%-147.9%288.7%
VWIV350.1%288.1%443.6%318.6%443.6%
Skew 25d-129.6%-289.1%78.7%-87.6%-142.5%
Skew 10d57.6%-139.4%179.3%179.3%-139.4%
Call IV 25d349.4%231.0%496.1%280.5%387.3%
Put IV 25d219.8%58.2%374.4%192.9%244.8%
Bid-Ask Spread %168.04162.55175.48164.38162.55
Gamma HHI0.470.410.740.470.41
Net GEX4752782.1K352351
Net DEX-62.6K-79.4K-39.1K-61.8K-66.3K
Net VEX-178-213-153-181-174
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.240.000.00
Total Volume15.429021620
Total OI216.238149458150176

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$7.01$7.50438.7%125.8%67.1%93.5%0.0%-87.6%-147.9%352-61.8K-1810.00164.38N/AN/A2014010
2025-09-03$6.96$7.50450.9%129.3%66.4%96.5%0.0%-79.8%-170.1%347-60.5K-1770.00166.97N/AN/A0013910
2025-09-04$6.89$5.00463.9%86.1%66.4%99.6%0.0%-84.9%-97.8%331-59.8K-1750.00174.87N/AN/A0013910
2025-09-05$6.83$5.00464.8%76.4%62.6%99.8%0.0%78.7%-133.4%315-59.4K-1730.00175.48N/AN/A0013910
2025-09-08$6.71$5.00248.4%92.3%60.9%47.3%318.6%51.0%-98.4%290-58.8K-1650.00168.13N/AN/A2013910
2025-09-09$6.71$5.00321.1%91.2%60.8%64.9%0.0%-100.7%-109.0%303-58.6K-1670.00172.30N/AN/A0014010
2025-09-10$6.54$5.00337.8%96.8%61.1%69.0%0.0%-114.6%-140.8%290-56.5K-1620.00174.64N/AN/A10014010
2025-09-11$6.50$5.00328.1%94.1%56.7%66.6%0.0%-118.7%-122.6%278-56.6K-1590.00171.62N/AN/A0015010
2025-09-12$6.77$5.00332.0%95.2%52.8%67.6%0.0%-110.8%-98.5%291-60.0K-1640.00175.12N/AN/A0015010
2025-09-15$8.26$5.00298.2%85.5%87.6%59.4%288.1%-120.8%-85.3%815-79.4K-1840.24168.67N/AN/A1744215010
2025-09-16$7.13$5.00339.6%97.4%102.0%69.4%0.0%-101.3%-242.8%2.1K-75.7K-2130.19164.27N/AN/A32640157
2025-09-17$6.49$2.50372.7%106.8%103.3%77.5%0.0%-184.0%-139.3%377-62.2K-1980.16164.11N/AN/A44739557
2025-09-18$6.54$2.50369.9%106.0%103.3%76.8%0.0%-176.2%-129.2%987-39.1K-1530.00164.55N/AN/A0038848
2025-09-19$6.53$2.50388.6%111.4%103.2%81.3%443.6%-289.1%-165.8%377-66.2K-1920.00165.98N/AN/A2038748
2025-09-22$6.69$2.50397.7%114.0%103.7%83.5%0.0%-281.1%-168.4%385-66.7K-1920.00163.00N/AN/A1016511
2025-09-23$6.71$2.50410.1%117.6%101.6%86.6%0.0%-281.6%-174.3%405-66.4K-1940.00166.17N/AN/A0016611
2025-09-24$6.54$2.50434.2%124.5%100.3%92.4%0.0%-115.4%150.9%369-65.3K-1880.00166.19N/AN/A0216611
2025-09-25$6.36$2.50372.3%106.7%100.5%77.4%0.0%-146.6%155.9%342-64.7K-1790.00167.50N/AN/A0016610
2025-09-26$6.35$2.50226.9%65.1%100.4%42.1%0.0%-155.9%256.6%335-64.9K-1770.00166.53N/AN/A0016610
2025-09-29$6.29$2.50233.1%66.8%100.2%43.6%0.0%-159.6%288.2%320-65.1K-1700.00165.72N/AN/A0016610
2025-09-30$6.47$2.50221.4%63.5%100.1%40.7%0.0%-142.5%288.7%351-66.3K-1740.00162.55N/AN/A0016610