CSGS Options History — September 2012

In September 2012, CSGS traded between $21.02 and $23.04. ATM implied volatility averaged 59.4%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 34.4% (HV 20d: 25.0%). Max pain ranged from $15.00 to $22.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-09-14: Highest Volume — 101 contracts
  • 2012-09-06: Largest IV spike — 215.7% change
  • 2012-09-10: Highest IV Rank — 81.3%
  • 2012-09-06: Largest Expected Move — 36.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.23$21.02$23.04$21.47$22.49
Max Pain$20.26$15.00$22.50$15.00$22.50
ATM IV59.4%16.6%147.3%100.5%33.6%
Expected Move13.8%4.7%36.3%28.8%9.6%
HV 20d25.0%16.7%37.3%37.3%28.5%
HV 60d29.0%27.9%30.4%28.3%30.4%
IV Rank26.4%0.0%81.3%51.9%10.6%
IV Percentile49.6%0.0%98.0%94.0%50.8%
Term Structure-10.7%-114.5%29.8%-105.0%-8.1%
VWIV23.3%17.9%30.6%20.0%30.6%
Skew 25d22.9%-0.4%125.1%36.8%5.9%
Skew 10d38.1%4.5%159.5%58.4%9.9%
Call IV 25d41.3%16.4%132.7%132.7%25.5%
Put IV 25d64.1%19.5%169.4%169.4%31.4%
Bid-Ask Spread %153.56136.13172.40151.68147.02
Gamma HHI0.460.400.610.460.44
Net GEX10.0K3.5K17.4K5.7K13.4K
Net DEX-247.4K-348.1K-142.7K-224.2K-171.3K
Net VEX-447-505-336-429-468
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.842010100
Total OI265.053232339235243

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-09-04$21.47$15.00100.5%28.8%37.3%51.9%0.0%36.8%-105.0%5.7K-224.2K-4290.00151.68N/AN/A0016075
2012-09-05$21.62$15.0040.2%11.5%37.3%14.0%0.0%125.1%14.9%7.3K-241.6K-3360.00151.47N/AN/A0016075
2012-09-06$21.80$15.00126.8%36.3%16.7%68.4%0.0%46.3%-114.5%6.2K-226.8K-4350.00152.99N/AN/A0016075
2012-09-07$21.02$20.00141.5%24.0%21.8%77.6%0.0%10.9%-27.3%3.5K-206.0K-4880.00169.18N/AN/A0016075
2012-09-10$21.48$20.00147.3%22.9%22.7%81.3%0.0%36.3%-34.6%4.5K-231.7K-4310.00169.74N/AN/A0016075
2012-09-11$21.73$20.00142.9%22.8%22.8%78.5%0.0%14.6%-14.1%3.5K-233.1K-4500.00172.40N/AN/A0016075
2012-09-12$21.85$20.0052.1%8.4%22.1%21.5%20.0%2.9%19.4%6.5K-267.2K-3400.00153.40N/AN/A27016075
2012-09-13$22.31$20.0078.0%22.4%22.7%37.8%0.0%13.8%-29.0%4.8K-285.8K-4990.00171.25N/AN/A0018775
2012-09-14$22.68$20.0057.1%16.4%22.9%24.6%22.8%81.9%29.8%9.6K-317.6K-4520.00150.74N/AN/A101018775
2012-09-17$22.64$20.0024.8%7.1%23.0%4.3%17.9%5.1%11.6%12.3K-311.9K-4780.00140.95N/AN/A20023875
2012-09-18$22.62$20.0023.3%6.7%23.1%3.4%23.3%2.8%6.3%13.8K-312.8K-4680.00145.70N/AN/A0625875
2012-09-19$22.88$22.5016.6%4.7%22.7%0.0%0.0%3.1%14.9%14.2K-321.6K-4270.00147.78N/AN/A0025881
2012-09-20$23.04$22.5019.2%5.5%22.6%1.6%0.0%7.4%25.1%14.3K-334.7K-5020.00156.74N/AN/A0025881
2012-09-21$22.98$22.5022.8%6.5%22.3%3.9%25.1%1.3%-5.2%13.5K-348.1K-5050.00154.72N/AN/A3025881
2012-09-24$22.92$22.5023.5%6.7%21.8%4.3%30.6%-0.4%3.1%13.7K-195.6K-4820.00155.57N/AN/A11019636
2012-09-25$21.85$22.5025.0%7.2%28.0%5.3%0.0%3.5%1.5%13.4K-161.7K-4600.00139.40N/AN/A0020736
2012-09-26$22.26$22.5027.9%8.0%27.8%7.0%0.0%11.7%1.0%12.9K-142.7K-4300.00136.13N/AN/A0020736
2012-09-27$22.72$22.5024.9%7.1%28.5%5.2%0.0%25.7%6.2%17.4K-166.8K-4040.00150.78N/AN/A0020736
2012-09-28$22.49$22.5033.6%9.6%28.5%10.6%0.0%5.9%-8.1%13.4K-171.3K-4680.00147.02N/AN/A0020736