CSGS Options History — April 2013

In April 2013, CSGS traded between $20.20 and $21.61. ATM implied volatility averaged 23.5%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 2.8% (HV 20d: 20.7%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.08.

Notable Days

  • 2013-04-09: Highest Volume — 200 contracts
  • 2013-04-11: Largest IV spike — 65.6% change
  • 2013-04-01: Highest IV Rank — 10.3%
  • 2013-04-01: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.73$20.20$21.61$20.72$21.61
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV23.5%14.6%33.1%33.1%27.1%
Expected Move7.3%4.2%9.5%9.5%7.8%
HV 20d20.7%18.1%23.6%18.1%19.3%
HV 60d21.4%20.7%22.0%21.4%20.7%
IV Rank5.3%0.0%10.3%10.3%7.7%
IV Percentile20.0%0.0%49.6%49.6%33.7%
Term Structure0.8%-24.0%14.3%-24.0%-2.6%
VWIV25.5%17.7%28.9%27.8%27.6%
Skew 25d7.6%-5.7%48.6%-5.7%4.0%
Skew 10d19.2%-3.7%91.0%3.6%7.9%
Call IV 25d21.0%14.8%29.0%22.7%27.7%
Put IV 25d28.6%15.8%70.5%17.0%31.7%
Bid-Ask Spread %38.9810.83107.1078.5328.44
Gamma HHI0.710.480.970.670.52
Net GEX-752-16.0K16.1K3.4K-10.6K
Net DEX-28.4K-130.5K121.7K-29.3K-71.3K
Net VEX-695-969-397-397-523
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.470.000.47
Total Volume18.40902007569
Total OI353.636159456159395

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$20.72$20.0033.1%9.5%18.1%10.3%0.0%-5.7%-24.0%3.4K-29.3K-3970.0078.53N/AN/A7509069
2013-04-02$20.76$20.0016.6%4.8%18.2%0.0%0.0%-0.8%10.7%11.6K-130.5K-5370.0036.40N/AN/A0016569
2013-04-03$20.51$20.0014.6%4.2%18.8%0.0%0.0%-1.2%14.3%13.7K-111.0K-5250.0085.24N/AN/A0016569
2013-04-04$20.62$20.0020.6%5.9%18.8%3.7%0.0%1.6%8.2%13.6K-114.8K-5210.0027.35N/AN/A0016569
2013-04-05$20.28$20.0019.3%8.2%20.0%2.9%0.0%-3.1%-1.9%13.4K-88.4K-5230.0033.49N/AN/A5016569
2013-04-08$20.34$20.0017.3%8.4%20.0%1.6%0.0%9.0%0.3%16.1K-93.4K-5040.0078.38N/AN/A0016569
2013-04-09$20.20$20.0021.3%8.0%20.0%4.1%27.8%5.6%-0.6%15.6K-85.9K-4830.0011.59N/AN/A020016569
2013-04-10$20.71$20.0016.2%8.3%21.5%1.0%28.9%11.0%-0.2%-3.8K-38.5K-9690.0026.23N/AN/A50165247
2013-04-11$20.83$20.0026.8%7.7%21.2%7.5%0.0%17.7%-0.3%-6.1K-57.5K-9320.0024.04N/AN/A00170247
2013-04-12$20.70$20.0028.0%8.0%21.5%8.2%0.0%0.1%-2.0%-3.4K-47.5K-9520.0018.46N/AN/A00170247
2013-04-15$20.30$20.0030.0%8.6%21.5%9.5%0.0%5.9%-3.3%-27621.4K-9440.0012.65N/AN/A00170247
2013-04-16$20.38$20.0028.8%8.3%21.5%8.7%17.7%6.2%-1.5%-43313.0K-9090.0011.78N/AN/A040170247
2013-04-17$20.29$20.0027.9%8.0%21.5%8.1%0.0%5.2%-0.6%21791.1K-9340.0010.83N/AN/A00170286
2013-04-18$20.31$20.0028.8%8.3%21.5%8.8%0.0%5.3%-2.7%-32993.0K-9150.0015.96N/AN/A00170286
2013-04-19$20.39$20.0028.0%8.0%21.4%8.2%0.0%48.6%0.3%-3.7K84.1K-8990.0072.41N/AN/A00170286
2013-04-22$20.55$20.0024.4%7.0%21.3%6.0%0.0%40.6%7.6%-16.0K121.7K-8070.0024.88N/AN/A00133266
2013-04-23$21.19$20.0019.6%5.6%23.6%3.1%0.0%4.5%6.6%-12.0K-35.6K-6080.00107.10N/AN/A100133266
2013-04-24$21.39$20.0019.1%5.5%23.3%2.8%0.0%14.4%10.5%-11.4K-26.2K-6760.0033.91N/AN/A00128266
2013-04-25$21.33$20.0021.5%6.2%22.0%4.2%0.0%1.5%0.4%-12.3K-22.0K-6440.0027.80N/AN/A00128266
2013-04-26$21.24$20.0022.0%6.3%20.8%4.5%0.0%1.1%0.9%-11.8K-44.2K-5550.0042.43N/AN/A00128266
2013-04-29$21.45$20.0025.4%7.3%19.2%6.6%0.0%-3.6%-1.8%-12.0K-52.2K-5400.0049.59N/AN/A10128266
2013-04-30$21.61$20.0027.1%7.8%19.3%7.7%27.6%4.0%-2.6%-10.6K-71.3K-5230.4728.44N/AN/A4722129266