CSGS Options History — September 2013

In September 2013, CSGS traded between $23.65 and $25.05. ATM implied volatility averaged 26.0%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 7.4% (HV 20d: 18.6%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-09-25: Highest Volume — 15 contracts
  • 2013-09-06: Largest IV spike — 86.5% change
  • 2013-09-10: Highest IV Rank — 18.9%
  • 2013-09-06: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.25$23.65$25.05$23.65$25.05
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV26.0%19.0%39.7%28.4%25.9%
Expected Move7.2%5.5%9.7%8.2%7.4%
HV 20d18.6%10.6%28.1%28.1%10.6%
HV 60d21.8%18.7%22.9%22.9%18.7%
IV Rank9.3%3.3%18.9%10.4%9.9%
IV Percentile39.4%9.1%75.0%52.4%44.0%
Term Structure2.4%-19.3%8.8%-19.3%4.0%
VWIV22.6%19.9%25.4%19.9%25.4%
Skew 25d5.0%-6.0%35.3%-0.8%35.3%
Skew 10d9.7%-8.1%54.1%-4.6%54.1%
Call IV 25d26.4%18.2%33.9%21.2%30.3%
Put IV 25d31.4%16.9%65.6%20.5%65.6%
Bid-Ask Spread %86.4726.41123.21108.22101.38
Gamma HHI0.530.410.630.430.58
Net GEX9.7K5.4K17.3K10.8K10.6K
Net DEX-183.1K-278.5K-105.7K-231.1K-278.5K
Net VEX-1.8K-2.1K-1.2K-2.1K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.55015010
Total OI583.25542646646559

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-09-03$23.65$22.5028.4%8.2%28.1%10.4%0.0%-0.8%-19.3%10.8K-231.1K-2.1K0.00108.22N/AN/A00314332
2013-09-04$23.92$22.5024.4%7.0%28.1%7.4%0.0%4.5%7.8%9.5K-217.0K-2.0K0.0047.66N/AN/A00314332
2013-09-05$23.76$22.5020.8%6.0%18.5%4.6%0.0%-1.9%8.2%10.4K-213.2K-2.1K0.00108.85N/AN/A00314332
2013-09-06$23.70$0.0038.7%9.7%17.8%18.2%0.0%3.5%-2.5%6.5K-112.4K-2.1K0.00115.88N/AN/A00256332
2013-09-09$24.01$0.0028.1%7.8%18.7%10.1%0.0%1.5%2.8%7.5K-124.3K-2.0K0.00101.59N/AN/A00256327
2013-09-10$24.06$0.0039.7%7.7%18.7%18.9%0.0%-0.3%5.9%7.7K-152.7K-2.0K0.00123.21N/AN/A00256327
2013-09-11$24.10$0.0023.4%7.2%18.5%6.6%0.0%2.4%2.4%10.5K-141.4K-1.9K0.0026.41N/AN/A00256327
2013-09-12$23.77$0.0019.0%5.5%18.9%3.3%0.0%6.0%7.2%8.6K-130.4K-1.9K0.0097.10N/AN/A00256327
2013-09-13$23.80$0.0021.5%6.2%18.4%5.3%0.0%1.4%3.9%7.5K-105.7K-1.9K0.0092.90N/AN/A00256327
2013-09-16$23.98$0.0024.0%6.9%18.7%8.2%0.0%-1.3%1.3%9.7K-128.7K-1.8K0.0099.88N/AN/A00256327
2013-09-17$24.14$0.0022.7%6.5%18.8%7.1%0.0%3.3%2.0%9.7K-139.0K-1.7K0.0099.12N/AN/A00256327
2013-09-18$24.17$0.0026.6%7.6%18.9%10.5%19.9%2.9%0.0%12.4K-156.8K-1.8K0.0034.29N/AN/A20256327
2013-09-19$24.21$22.5026.2%7.5%18.7%10.1%0.0%-2.0%0.1%14.4K-179.3K-1.7K0.0076.12N/AN/A00258327
2013-09-20$24.37$22.5024.4%7.0%17.9%8.6%25.4%-6.0%0.0%17.3K-209.1K-1.6K0.0051.46N/AN/A20258327
2013-09-23$24.48$22.5028.5%8.2%17.8%12.1%0.0%-2.7%-0.3%5.4K-177.9K-1.7K0.00110.89N/AN/A00216326
2013-09-24$24.76$22.5023.5%6.7%17.9%7.8%0.0%30.2%3.8%7.5K-205.4K-1.5K0.0051.94N/AN/A20216326
2013-09-25$25.03$22.5023.2%6.7%15.9%7.5%0.0%30.5%6.7%7.0K-244.6K-1.3K0.00106.04N/AN/A150218326
2013-09-26$25.05$22.5025.4%7.3%15.8%9.4%0.0%-3.3%5.9%10.1K-256.9K-1.7K0.00105.36N/AN/A00233326
2013-09-27$24.92$22.5025.3%7.3%15.4%9.4%0.0%-3.3%8.8%10.0K-258.3K-1.6K0.0071.14N/AN/A00233326
2013-09-30$25.05$22.5025.9%7.4%10.6%9.9%0.0%35.3%4.0%10.6K-278.5K-1.2K0.00101.38N/AN/A010233326