CSGS Options History — February 2015

In February 2015, CSGS traded between $24.91 and $30.61. ATM implied volatility averaged 24.8%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 10.1% (HV 20d: 34.9%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 1.18.

Notable Days

  • 2015-02-23: Highest Volume — 196 contracts
  • 2015-02-05: Largest IV spike — 155.4% change
  • 2015-02-05: Highest IV Rank — 66.7%
  • 2015-02-04: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.39$24.91$30.61$24.91$29.99
Max Pain$26.84$25.00$30.00$25.00$30.00
ATM IV24.8%13.9%104.2%26.7%16.8%
Expected Move5.7%4.0%11.7%7.7%4.8%
HV 20d34.9%20.8%38.3%21.8%36.8%
HV 60d25.5%18.3%26.8%18.4%26.7%
IV Rank6.7%0.0%66.7%7.1%2.2%
IV Percentile12.3%0.0%94.0%20.6%0.8%
Term Structure2.0%-3.2%8.8%-1.3%0.2%
VWIV19.8%11.4%47.8%25.5%16.8%
Skew 25d-11.0%-76.5%36.0%-6.4%17.3%
Skew 10d-10.7%-103.5%38.5%-23.6%19.2%
Call IV 25d64.9%40.9%115.7%82.6%64.4%
Put IV 25d53.9%17.1%81.6%76.2%81.6%
Bid-Ask Spread %125.87120.16139.79135.69122.08
Gamma HHI0.870.411.000.490.88
Net GEX30.6K-7.8K65.5K-7.8K42.1K
Net DEX-256.1K-488.1K114.4K114.4K-295.6K
Net VEX-1.4K-2.0K-652-652-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.333.383.380.52
Total Volume122.21101960141
Total OI391.316280512283512

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$24.91$25.0026.7%7.7%21.8%7.1%0.0%-6.4%-1.3%-7.8K114.4K-6520.00135.69N/AN/A00123160
2015-02-03$25.35$25.0025.4%7.3%20.8%6.1%25.5%-72.6%-3.2%-5.6K82.5K-6713.38139.79N/AN/A2481123160
2015-02-04$26.99$25.0040.8%11.7%29.6%17.9%47.8%-76.5%8.8%1.9K11.9K-7343.24134.13N/AN/A2581123160
2015-02-05$28.97$25.00104.2%6.3%37.3%66.7%20.6%36.0%7.2%8.3K-87.1K-9821.24135.07N/AN/A6783120160
2015-02-06$29.54$25.0021.6%5.2%37.5%3.2%18.8%6.7%3.7%15.8K-140.3K-1.1K0.90122.76N/AN/A9283143155
2015-02-09$29.69$25.0019.4%4.7%37.5%1.5%16.4%21.1%3.0%26.2K-204.5K-1.2K1.80122.28N/AN/A4683168155
2015-02-10$29.73$25.0025.8%5.5%37.5%6.4%20.4%18.5%-1.0%23.3K-187.9K-1.1K2.02122.59N/AN/A4183172155
2015-02-11$30.01$25.0017.6%5.0%37.5%0.1%17.8%9.5%4.4%32.2K-236.1K-1.2K1.43122.15N/AN/A5883184155
2015-02-12$30.46$25.0017.7%5.1%37.5%0.1%16.9%-37.8%3.0%34.0K-323.7K-1.3K1.38125.22N/AN/A6083207155
2015-02-13$30.40$25.0016.3%4.7%37.4%0.0%16.6%-10.9%3.1%37.6K-383.0K-1.5K0.90124.07N/AN/A6054230155
2015-02-17$29.98$25.0018.5%5.3%38.3%1.7%18.5%-36.6%2.0%44.9K-282.6K-1.5K0.49122.19N/AN/A11154230161
2015-02-18$29.94$25.0017.9%5.1%38.3%1.3%17.9%18.0%1.9%62.4K-361.5K-1.8K0.56121.61N/AN/A11162303161
2015-02-19$30.12$30.0017.0%4.9%36.0%0.5%0.0%9.9%2.6%65.5K-404.1K-1.8K0.33123.88N/AN/A62303173
2015-02-20$30.41$30.0013.9%4.0%35.9%0.0%11.4%-7.1%4.1%41.8K-488.1K-1.9K0.00131.49N/AN/A012309173
2015-02-23$30.46$30.0018.7%5.4%35.8%3.6%18.7%-14.4%-0.3%35.9K-414.8K-1.9K0.34120.16N/AN/A14650279164
2015-02-24$30.55$30.0017.4%5.0%35.7%2.7%17.4%-18.6%-0.0%40.6K-432.4K-2.0K0.46122.08N/AN/A10850327164
2015-02-25$30.38$30.0018.1%5.2%35.9%3.2%18.1%-7.2%-0.5%41.4K-403.1K-2.0K0.52121.50N/AN/A9348337164
2015-02-26$30.61$30.0017.0%4.9%35.2%2.3%17.0%-57.3%0.2%40.5K-430.8K-2.0K0.52122.81N/AN/A9348338174
2015-02-27$29.99$30.0016.8%4.8%36.8%2.2%16.8%17.3%0.2%42.1K-295.6K-1.9K0.52122.08N/AN/A9348338174