CSGS Options History — July 2014

Name: CSGS Options Analytics - July 2014
Creator: Options Analysis Suite

In July 2014, CSGS traded between $26.04 and $27.13. ATM implied volatility averaged 48.5%, placing in the 45.9% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 32.9% (HV 20d: 15.6%). Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.63.

Notable Days

2014-07-18: Highest Volume — 90 contracts
2014-07-30: Largest IV spike — 171.9% change
2014-07-24: Highest IV Rank — 100.0%
2014-07-09: Largest Expected Move — 20.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.73	$26.04	$27.13	$26.90	$26.04
ATM IV	48.5%	26.1%	110.3%	28.8%	38.0%
Expected Move	10.1%	6.0%	20.2%	8.3%	7.7%
HV 20d	15.6%	13.1%	17.2%	14.7%	15.1%
HV 60d	22.1%	19.8%	25.0%	25.0%	20.3%
IV Rank	45.9%	15.9%	100.0%	20.0%	23.6%
IV Percentile	74.2%	31.3%	100.0%	46.8%	74.2%
Term Structure	-15.5%	-59.9%	8.1%	-5.3%	-23.5%
VWIV	26.6%	26.6%	26.6%	26.6%	26.6%
Skew 25d	6.5%	-11.9%	32.6%	6.4%	17.7%
Skew 10d	17.3%	-37.8%	97.7%	4.2%	97.7%
Call IV 25d	38.4%	20.3%	125.4%	22.9%	35.4%
Put IV 25d	44.9%	19.7%	152.2%	29.3%	53.2%
Bid-Ask Spread %	125.59	81.78	148.61	122.43	110.90
Gamma HHI	0.82	0.49	1.00	1.00	0.69
Net GEX	-743	-4.2K	24	10	-4.2K
Net DEX	5.6K	-286	33.4K	-49	33.4K
Net VEX	-67	-234	0	-1	-114
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.00	1.25	1.25	0.00
Total Volume	4.227	0	90	0	0
Total OI	38.909	1	94	1	94

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-07-01	$26.90	$0.00	28.8%	8.3%	14.7%	20.0%	0.0%	6.4%	-5.3%	10	-49	-1	0.00	122.43	N/A	N/A	0	0	1	0
2014-07-02	$26.82	$0.00	57.6%	16.5%	14.8%	63.8%	0.0%	-11.9%	-59.9%	6	-27	0	0.00	133.56	N/A	N/A	0	0	1	0
2014-07-03	$26.99	$0.00	64.0%	18.4%	14.5%	73.5%	0.0%	9.6%	-35.1%	22	-197	-2	0.00	136.07	N/A	N/A	0	0	1	0
2014-07-07	$26.73	$0.00	59.3%	9.5%	14.9%	66.3%	0.0%	-6.4%	-2.8%	10	-58	-1	0.00	143.63	N/A	N/A	0	0	1	0
2014-07-08	$26.55	$0.00	68.6%	13.0%	15.1%	80.4%	0.0%	-7.8%	-18.0%	21	-209	-2	0.00	147.38	N/A	N/A	0	0	1	0
2014-07-09	$26.65	$0.00	78.5%	20.2%	15.1%	95.6%	0.0%	17.6%	-12.1%	24	-286	-2	0.00	148.61	N/A	N/A	0	0	1	0
2014-07-10	$26.42	$0.00	45.2%	13.0%	15.4%	44.9%	0.0%	-8.1%	-17.2%	20	-187	-2	0.00	146.60	N/A	N/A	0	0	1	0
2014-07-11	$26.41	$0.00	40.6%	11.6%	14.9%	38.0%	0.0%	20.3%	-13.0%	13	-89	-1	0.00	147.62	N/A	N/A	0	0	1	0
2014-07-14	$26.85	$0.00	26.1%	7.5%	15.6%	15.9%	0.0%	1.1%	0.8%	4	-16	0	0.00	124.17	N/A	N/A	0	0	1	0
2014-07-15	$26.87	$0.00	30.5%	8.8%	15.5%	22.6%	0.0%	9.3%	-4.7%	10	-54	-1	0.00	108.01	N/A	N/A	0	0	1	0
2014-07-16	$26.78	$0.00	27.5%	7.9%	15.2%	18.1%	0.0%	10.0%	8.1%	6	-26	0	0.00	117.60	N/A	N/A	0	0	1	0
2014-07-17	$26.57	$0.00	31.9%	9.1%	15.6%	24.7%	0.0%	12.3%	-3.0%	6	-27	0	0.00	122.56	N/A	N/A	0	0	1	0
2014-07-18	$26.92	$0.00	28.4%	8.1%	15.8%	19.4%	26.6%	7.6%	0.5%	7	-28	0	1.25	110.43	N/A	N/A	40	50	1	0
2014-07-21	$26.67	$0.00	31.8%	6.0%	16.3%	24.5%	0.0%	-1.1%	-15.3%	-2.3K	18.7K	-153	0.00	118.32	N/A	N/A	3	0	41	50
2014-07-22	$26.92	$0.00	40.0%	7.9%	16.5%	37.0%	0.0%	4.6%	-15.7%	-1.1K	11.2K	-177	0.00	105.47	N/A	N/A	0	0	44	50
2014-07-23	$27.13	$0.00	55.1%	8.2%	16.5%	59.9%	0.0%	27.1%	-10.7%	-447	5.0K	-204	0.00	135.32	N/A	N/A	0	0	44	50
2014-07-24	$26.97	$0.00	93.8%	8.9%	16.8%	100.0%	0.0%	3.7%	-26.4%	-197	1.7K	-234	0.00	137.60	N/A	N/A	0	0	44	50
2014-07-25	$26.71	$0.00	37.8%	7.2%	17.2%	28.3%	0.0%	-10.1%	-21.4%	-1.8K	16.8K	-158	0.00	115.22	N/A	N/A	0	0	44	50
2014-07-28	$26.89	$0.00	31.8%	7.7%	17.1%	20.7%	0.0%	9.7%	-3.2%	-3.9K	12.6K	-98	0.00	81.78	N/A	N/A	0	0	44	50
2014-07-29	$26.64	$0.00	40.6%	7.9%	16.9%	31.9%	0.0%	-1.2%	-24.2%	-2.2K	18.7K	-130	0.00	112.08	N/A	N/A	0	0	44	50
2014-07-30	$26.61	$0.00	110.3%	8.8%	13.1%	100.0%	0.0%	32.6%	-38.1%	-284	7.0K	-198	0.00	137.58	N/A	N/A	0	0	44	50
2014-07-31	$26.04	$0.00	38.0%	7.7%	15.1%	23.6%	0.0%	17.7%	-23.5%	-4.2K	33.4K	-114	0.00	110.90	N/A	N/A	0	0	44	50