CSGS Options History — May 2014

In May 2014, CSGS traded between $24.93 and $27.00. ATM implied volatility averaged 41.0%, placing in the 39.1% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 10.7% (HV 20d: 30.2%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days.

Notable Days

  • 2014-05-15: Largest IV drop — 67.2% change
  • 2014-05-14: Highest IV Rank — 96.8%
  • 2014-05-02: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.98$24.93$27.00$26.07$26.27
ATM IV41.0%20.9%78.9%40.4%23.2%
Expected Move8.9%6.0%13.6%11.6%6.7%
HV 20d30.2%27.6%31.8%28.6%30.0%
HV 60d26.7%24.6%27.7%27.5%27.1%
IV Rank39.1%8.8%96.8%38.4%11.6%
IV Percentile68.8%9.5%99.6%90.5%19.4%
Term Structure-6.0%-21.1%5.9%-16.8%1.5%
Skew 25d0.8%-12.7%17.3%-3.1%-5.7%
Skew 10d3.2%-14.5%27.3%3.3%-0.1%
Call IV 25d31.6%20.1%45.0%45.0%28.4%
Put IV 25d32.4%20.3%50.1%41.8%22.8%
Bid-Ask Spread %128.32114.02138.60125.81114.02
Gamma HHI1.001.001.001.001.00
Net GEX167242111
Net DEX-145-243-34-243-64
Net VEX-2-3-1-3-1
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$26.07$0.0040.4%11.6%28.6%38.4%0.0%-3.1%-16.8%21-243-30.00125.81N/AN/A0010
2014-05-02$26.98$0.0047.5%13.6%30.6%49.2%0.0%8.1%-16.9%18-175-20.00126.39N/AN/A0010
2014-05-05$26.94$0.0058.3%9.8%29.6%65.6%0.0%3.4%-7.4%22-207-20.00130.27N/AN/A0010
2014-05-06$27.00$0.0062.7%10.1%29.6%72.3%0.0%1.0%-14.4%24-223-30.00123.94N/AN/A0010
2014-05-07$25.87$0.0047.2%8.2%31.8%48.7%0.0%-4.4%-7.1%19-153-20.00122.32N/AN/A0010
2014-05-08$25.99$0.0043.6%9.2%30.6%43.3%0.0%2.8%-6.4%17-177-20.00134.47N/AN/A0010
2014-05-09$26.21$0.0063.3%9.6%30.8%73.1%0.0%2.8%-6.9%16-160-20.00134.15N/AN/A0010
2014-05-12$26.83$0.0043.6%6.7%27.6%43.3%0.0%9.0%0.2%15-111-10.00116.00N/AN/A0010
2014-05-13$25.99$0.0060.0%9.3%30.1%68.1%0.0%-7.0%-21.1%22-234-20.00120.14N/AN/A0010
2014-05-14$25.42$0.0078.9%9.1%30.6%96.8%0.0%-3.7%-8.4%20-213-20.00129.77N/AN/A0010
2014-05-15$25.00$0.0025.9%7.4%30.0%16.4%0.0%-1.3%-3.7%8-50-10.00118.74N/AN/A0010
2014-05-16$25.24$0.0029.0%8.3%29.9%21.1%0.0%3.4%5.9%13-126-20.00137.99N/AN/A0010
2014-05-19$25.36$0.0020.9%6.0%29.9%8.8%0.0%17.3%2.9%7-45-10.00118.34N/AN/A0010
2014-05-20$24.93$0.0022.0%6.3%30.2%10.6%0.0%-12.7%-3.9%11-83-10.00135.09N/AN/A0010
2014-05-21$25.21$0.0032.1%9.2%30.6%25.8%0.0%3.5%-3.9%13-129-10.00138.60N/AN/A0010
2014-05-22$25.40$0.0030.3%8.7%30.7%22.4%0.0%0.7%-3.7%15-143-20.00136.73N/AN/A0010
2014-05-23$25.82$0.0030.1%8.6%30.6%22.1%0.0%5.0%5.8%15-139-20.00135.78N/AN/A0010
2014-05-27$26.39$0.0041.4%11.9%31.6%39.5%0.0%1.9%-11.6%15-132-10.00136.53N/AN/A0010
2014-05-28$26.35$0.0038.0%10.9%31.4%34.2%0.0%5.4%-3.8%20-208-20.00132.77N/AN/A0010
2014-05-29$26.33$0.0021.9%6.3%30.2%9.6%0.0%-8.8%-5.8%7-34-10.00126.81N/AN/A0010
2014-05-30$26.27$0.0023.2%6.7%30.0%11.6%0.0%-5.7%1.5%11-64-10.00114.02N/AN/A0010