CSGS Options History — September 2014

In September 2014, CSGS traded between $26.28 and $27.67. ATM implied volatility averaged 70.5%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 55.5% (HV 20d: 15.0%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2014-09-02: Highest Volume — 10 contracts
  • 2014-09-08: Largest IV spike — 136.8% change
  • 2014-09-10: Highest IV Rank — 96.6%
  • 2014-09-29: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.89$26.28$27.67$27.67$26.28
ATM IV70.5%23.4%143.1%94.6%25.3%
Expected Move8.3%4.1%10.0%6.6%5.7%
HV 20d15.0%12.5%17.3%14.9%12.8%
HV 60d16.6%15.9%17.2%16.2%15.9%
IV Rank41.6%5.9%96.6%59.9%7.4%
IV Percentile75.7%12.3%99.6%98.0%19.0%
Term Structure-27.8%-91.4%-4.2%-91.4%-9.4%
Skew 25d-9.2%-83.5%9.0%4.9%-83.5%
Skew 10d11.6%-78.7%59.0%6.0%-78.7%
Call IV 25d72.3%18.3%146.2%137.2%104.3%
Put IV 25d63.1%18.0%151.7%142.1%20.8%
Bid-Ask Spread %133.04103.28141.58135.58126.73
Gamma HHI0.780.491.000.490.79
Net GEX-1.2K-2.9K-199-199-2.9K
Net DEX42.4K14.8K62.5K14.8K62.5K
Net VEX-206-272-97-205-97
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.524010100
Total OI6353645363

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$27.67$0.0094.6%6.6%14.9%59.9%0.0%4.9%-91.4%-19914.8K-2050.00135.58N/AN/A0102330
2014-09-03$27.40$0.00110.2%7.1%15.4%71.7%0.0%5.7%-32.6%-1.0K41.9K-2220.00136.88N/AN/A002340
2014-09-04$27.50$0.00112.0%9.8%15.4%73.1%0.0%5.4%-35.2%-95839.5K-2380.00133.14N/AN/A002340
2014-09-05$27.41$0.0055.3%8.0%15.4%30.1%0.0%-0.3%-26.2%-1.2K42.7K-2090.00112.29N/AN/A012340
2014-09-08$27.34$0.00130.9%7.7%15.4%87.4%0.0%2.9%-13.8%-1.2K40.4K-2270.00103.28N/AN/A002341
2014-09-09$26.82$0.00139.2%10.0%16.1%93.7%0.0%3.1%-22.1%-72732.3K-2720.00137.19N/AN/A002341
2014-09-10$27.10$0.00143.1%9.3%16.6%96.6%0.0%3.9%-22.5%-1.1K40.4K-2330.00138.41N/AN/A002341
2014-09-11$26.92$0.0038.1%8.0%16.7%17.1%0.0%-2.6%-23.9%-82740.8K-2430.00138.64N/AN/A002341
2014-09-12$26.60$0.0077.5%9.8%17.2%46.9%0.0%1.7%-25.8%-74033.8K-2560.00136.94N/AN/A002341
2014-09-15$26.42$0.0042.5%9.6%17.3%20.3%0.0%9.0%-27.2%-1.2K47.6K-2100.00141.13N/AN/A002341
2014-09-16$26.52$0.0042.8%7.8%15.6%20.6%0.0%-8.6%-27.6%-1.4K49.7K-2000.00133.24N/AN/A002341
2014-09-17$26.80$0.0023.4%9.7%16.2%5.9%0.0%-3.8%-8.4%-1.8K52.5K-1630.00132.25N/AN/A002341
2014-09-18$26.99$0.0041.3%4.1%16.1%19.4%0.0%-3.5%-48.7%-1.1K42.4K-2190.00125.94N/AN/A002341
2014-09-19$27.00$0.0024.5%6.6%13.8%6.7%0.0%0.9%-4.2%-1.6K48.8K-1670.00136.78N/AN/A002341
2014-09-22$26.82$0.0051.7%6.6%13.8%27.4%0.0%-1.6%-23.6%-90541.1K-2170.00124.51N/AN/A002241
2014-09-23$26.56$0.0028.0%8.0%13.9%9.3%0.0%-7.8%-18.2%-2.0K54.6K-1540.00139.41N/AN/A002241
2014-09-24$26.76$0.0048.7%9.8%14.4%25.1%0.0%-65.4%-27.2%-1.5K48.9K-1720.00141.58N/AN/A002241
2014-09-25$26.60$0.0050.3%9.8%12.5%26.3%0.0%-61.3%-29.2%-1.5K46.0K-1840.00140.54N/AN/A002241
2014-09-26$26.67$0.0096.8%9.9%12.6%61.6%0.0%3.5%-30.2%-77333.9K-2230.00139.59N/AN/A002241
2014-09-29$26.41$0.00105.0%10.0%12.8%67.8%0.0%3.6%-36.4%-77635.8K-2140.00139.85N/AN/A002241
2014-09-30$26.28$0.0025.3%5.7%12.8%7.4%0.0%-83.5%-9.4%-2.9K62.5K-970.00126.73N/AN/A002241