CSGS Options History — July 2013

In July 2013, CSGS traded between $22.04 and $23.92. ATM implied volatility averaged 26.9%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 3.7% (HV 20d: 23.3%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-07-03: Highest Volume — 160 contracts
  • 2013-07-11: Largest IV spike — 57.2% change
  • 2013-07-19: Highest IV Rank — 13.8%
  • 2013-07-19: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.45$22.04$23.92$22.04$23.68
Max Pain$22.39$20.00$22.50$22.50$22.50
ATM IV26.9%17.8%34.5%20.2%27.3%
Expected Move8.1%5.8%9.9%5.8%7.8%
HV 20d23.3%21.3%25.5%21.7%22.4%
HV 60d26.9%23.9%28.2%26.4%23.9%
IV Rank8.5%2.2%13.8%3.9%8.8%
IV Percentile39.2%5.2%61.5%12.3%41.3%
Term Structure0.6%-8.8%8.1%6.6%5.5%
VWIV28.2%23.4%33.0%23.4%33.0%
Skew 25d6.3%-0.4%35.8%35.8%8.1%
Skew 10d4.8%-4.2%45.7%45.7%33.7%
Call IV 25d26.4%16.1%33.3%22.0%22.8%
Put IV 25d32.7%24.4%57.8%57.8%31.0%
Bid-Ask Spread %69.2527.83128.0952.9047.00
Gamma HHI0.450.400.570.550.43
Net GEX36.3K10.9K58.8K47.0K12.8K
Net DEX-654.8K-1.1M-112.6K-112.6K-265.6K
Net VEX-3.2K-3.7K-2.6K-3.5K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.020.000.00
Total Volume13.727016000
Total OI1,153.4096741,4691,323684

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$22.04$22.5020.2%5.8%21.7%3.9%0.0%35.8%6.6%47.0K-112.6K-3.5K0.0052.90N/AN/A00643680
2013-07-02$22.12$22.5021.6%6.2%21.3%4.8%0.0%33.4%4.4%52.1K-154.7K-3.6K0.0028.33N/AN/A05643680
2013-07-03$23.29$22.5025.6%7.3%25.5%7.6%23.4%5.9%4.5%46.3K-695.3K-3.6K0.0027.83N/AN/A1600643680
2013-07-05$23.63$22.5023.6%7.2%24.5%6.2%0.0%8.3%-0.5%53.1K-910.7K-3.5K0.00105.17N/AN/A20765680
2013-07-08$23.67$22.5023.0%9.0%24.5%5.8%0.0%1.3%-2.9%48.6K-983.1K-3.7K0.0083.33N/AN/A250764680
2013-07-09$23.92$22.5017.8%8.4%24.6%2.2%0.0%3.7%-3.2%46.4K-1.1M-3.6K0.0289.48N/AN/A571789680
2013-07-10$23.55$22.5019.7%8.8%25.0%3.5%0.0%3.3%-5.3%49.0K-1.1M-3.3K0.0082.57N/AN/A00772680
2013-07-11$23.58$22.5031.0%8.9%24.7%11.3%0.0%-0.4%-1.8%52.5K-1.0M-3.5K0.0092.16N/AN/A00772680
2013-07-12$23.60$22.5032.0%9.2%23.8%12.0%33.0%0.4%-3.1%41.2K-1.1M-3.3K0.0037.05N/AN/A100772680
2013-07-15$23.64$20.0031.7%9.1%23.8%11.8%0.0%1.8%-2.0%50.6K-1.1M-3.2K0.0095.67N/AN/A00782680
2013-07-16$23.42$22.5029.9%8.6%24.2%10.6%0.0%1.3%-2.9%58.8K-997.8K-3.2K0.0053.20N/AN/A00772680
2013-07-17$23.46$22.5030.3%8.7%23.8%10.9%0.0%0.9%-0.3%56.8K-995.2K-3.2K0.0065.55N/AN/A02772680
2013-07-18$23.64$22.5027.5%7.9%23.5%8.9%0.0%1.0%6.8%49.8K-1.1M-3.2K0.0099.56N/AN/A030772680
2013-07-19$23.65$22.5034.5%9.9%22.0%13.8%0.0%1.7%-8.8%49.5K-1.0M-3.1K0.00128.09N/AN/A00772680
2013-07-22$23.64$22.5029.1%8.4%22.1%10.0%0.0%0.7%6.7%10.9K-262.1K-2.9K0.00101.82N/AN/A00358316
2013-07-23$23.49$22.5029.4%8.4%22.0%10.2%0.0%5.5%-0.3%11.0K-278.9K-2.6K0.0054.54N/AN/A00358316
2013-07-24$23.30$22.5027.7%7.9%22.2%9.1%0.0%2.4%5.0%11.0K-238.1K-2.8K0.0042.10N/AN/A00358316
2013-07-25$23.77$22.5023.8%6.8%22.7%6.4%0.0%14.7%8.1%12.1K-248.6K-2.7K0.00108.02N/AN/A00358316
2013-07-26$23.80$22.5028.0%8.0%22.2%9.2%0.0%1.1%-3.0%13.4K-271.7K-2.8K0.0039.74N/AN/A100358316
2013-07-29$23.56$22.5029.5%8.5%22.5%10.3%0.0%4.6%-1.1%13.5K-284.0K-2.7K0.0056.73N/AN/A00368316
2013-07-30$23.55$22.5028.9%8.3%22.4%9.9%0.0%3.9%1.3%13.1K-223.9K-2.9K0.0032.77N/AN/A00368316
2013-07-31$23.68$22.5027.3%7.8%22.4%8.8%0.0%8.1%5.5%12.8K-265.6K-2.7K0.0047.00N/AN/A00368316