CSGS Options History — April 2014

In April 2014, CSGS traded between $25.65 and $27.15. ATM implied volatility averaged 38.8%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 11.4% (HV 20d: 27.5%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2014-04-09: Largest IV spike — 70.5% change
  • 2014-04-09: Highest IV Rank — 61.0%
  • 2014-04-29: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.37$25.65$27.15$26.30$26.36
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV38.8%27.3%55.3%31.4%44.7%
Expected Move10.8%7.8%13.3%9.0%12.8%
HV 20d27.5%22.9%30.9%22.9%28.6%
HV 60d28.1%27.4%28.9%27.7%27.4%
IV Rank36.1%18.5%61.0%25.3%45.0%
IV Percentile84.4%48.0%98.4%71.4%94.4%
Term Structure-8.5%-19.4%4.9%2.4%-14.8%
Skew 25d-0.7%-27.7%7.6%1.1%2.9%
Skew 10d5.3%-5.1%28.4%4.9%8.0%
Call IV 25d36.6%24.0%49.2%37.2%43.3%
Put IV 25d35.8%19.5%46.2%38.3%46.2%
Bid-Ask Spread %121.63104.39130.26116.75130.26
Gamma HHI0.950.651.000.961.00
Net GEX585162.1K89017
Net DEX-2.3K-10.2K-90-2.8K-173
Net VEX-9-32-1-15-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI21.429134341

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$26.30$30.0031.4%9.0%22.9%25.3%0.0%1.1%2.4%890-2.8K-150.00116.75N/AN/A00340
2014-04-02$26.57$30.0033.5%9.6%23.4%28.5%0.0%4.1%-6.1%1.2K-4.3K-200.00116.53N/AN/A00340
2014-04-03$26.15$30.0034.2%9.8%23.8%29.0%0.0%-27.7%-15.1%835-2.8K-140.00120.33N/AN/A00340
2014-04-04$25.65$0.0042.5%8.3%24.1%41.6%0.0%-2.0%-0.2%1.1K-6.4K-250.00114.28N/AN/A00340
2014-04-07$25.67$0.0033.2%10.2%24.0%27.5%0.0%0.2%-5.2%216-565-40.00121.20N/AN/A00340
2014-04-08$26.46$0.0032.4%9.3%26.7%26.3%0.0%-2.2%-3.6%441-984-60.00118.72N/AN/A00340
2014-04-09$27.06$0.0055.3%11.1%28.1%61.0%0.0%-1.2%-6.7%2.1K-10.2K-320.00121.92N/AN/A00340
2014-04-10$26.89$0.0027.3%7.8%27.0%18.5%0.0%6.0%4.9%1.4K-4.2K-150.00108.77N/AN/A00340
2014-04-11$25.74$0.0035.5%10.2%30.9%31.0%0.0%7.6%-5.9%1.1K-5.6K-180.00104.39N/AN/A00340
2014-04-14$25.74$0.0034.1%9.8%30.8%28.9%0.0%0.5%-4.4%245-595-30.00117.26N/AN/A00340
2014-04-15$26.15$0.0032.8%9.4%30.2%26.9%0.0%7.2%-5.5%16-90-10.00118.80N/AN/A00340
2014-04-16$26.67$0.0036.7%10.5%29.7%32.8%0.0%4.8%-3.0%1.1K-3.2K-90.00125.90N/AN/A00340
2014-04-17$26.95$0.0036.9%10.6%30.0%33.1%0.0%2.9%-4.6%1.5K-4.9K-100.00123.40N/AN/A00340
2014-04-21$27.04$0.0040.8%11.7%29.6%39.0%0.0%3.1%-12.2%23-255-30.00125.13N/AN/A0010
2014-04-22$27.15$0.0045.1%12.9%28.1%45.5%0.0%2.6%-15.8%23-215-20.00128.85N/AN/A0010
2014-04-23$26.91$0.0045.3%13.0%28.2%45.9%0.0%-2.6%-16.9%22-208-20.00128.88N/AN/A0010
2014-04-24$26.57$0.0044.3%12.7%27.2%44.4%0.0%-3.8%-17.2%25-360-40.00127.15N/AN/A0010
2014-04-25$26.06$0.0037.6%10.8%28.0%34.1%0.0%-5.1%-10.6%18-144-20.00126.26N/AN/A0010
2014-04-28$25.99$0.0045.6%13.1%27.7%46.2%0.0%-5.9%-17.8%20-225-20.00130.24N/AN/A0010
2014-04-29$25.74$0.0046.3%13.3%27.5%47.3%0.0%-8.1%-19.4%20-222-30.00129.25N/AN/A0010
2014-04-30$26.36$0.0044.7%12.8%28.6%45.0%0.0%2.9%-14.8%17-173-20.00130.26N/AN/A0010