CSGS Options History — April 2015

In April 2015, CSGS traded between $29.09 and $30.82. ATM implied volatility averaged 22.4%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 11.0% (HV 20d: 11.4%). 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 1 of 21 days. Put/call ratio averaged 1.51.

Notable Days

  • 2015-04-01: Highest Volume — 267 contracts
  • 2015-04-08: Largest IV spike — 32.5% change
  • 2015-04-30: Highest IV Rank — 10.4%
  • 2015-04-30: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.25$29.09$30.82$30.60$29.09
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV22.4%13.9%27.7%13.9%27.7%
Expected Move6.7%4.0%8.0%4.0%8.0%
HV 20d11.4%9.5%14.6%13.9%14.6%
HV 60d24.3%23.3%24.9%24.9%24.0%
IV Rank6.4%0.0%10.4%0.0%10.4%
IV Percentile25.8%0.4%44.8%0.4%44.8%
Term Structure-2.7%-6.7%9.3%9.3%-6.7%
VWIV23.4%14.9%27.6%14.9%27.2%
Skew 25d8.9%-73.7%50.1%-73.7%0.5%
Skew 10d20.5%-97.7%81.4%-97.7%-1.7%
Call IV 25d31.6%18.7%89.2%89.2%29.5%
Put IV 25d40.5%15.5%93.2%15.5%30.0%
Bid-Ask Spread %116.94101.74122.35122.35101.74
Gamma HHI0.620.490.770.490.72
Net GEX13.8K5.0K20.4K10.7K11.1K
Net DEX-254.9K-373.9K35.9K-312.2K35.9K
Net VEX-2.5K-2.8K-2.2K-2.8K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.921.971.070.92
Total Volume186.9520267267204
Total OI550.429516564559563

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$30.60$30.0013.9%4.0%13.9%0.0%14.9%-73.7%9.3%10.7K-312.2K-2.8K1.07122.35N/AN/A129138367192
2015-04-02$30.63$30.0014.1%6.2%13.9%0.2%21.7%4.0%-1.3%11.0K-337.8K-2.8K1.16114.48N/AN/A119138367192
2015-04-06$30.68$30.0017.0%6.3%13.7%2.4%21.9%3.8%-1.5%12.2K-344.2K-2.7K1.16116.06N/AN/A119138372192
2015-04-07$30.61$30.0016.7%6.4%13.5%2.1%22.2%29.4%-2.1%10.6K-328.0K-2.7K1.16115.33N/AN/A119138372192
2015-04-08$30.57$30.0022.1%6.3%12.1%6.1%0.0%3.6%-1.9%9.7K-317.9K-2.7K0.00114.56N/AN/A00372192
2015-04-09$30.39$30.0022.7%6.5%12.1%6.6%22.6%3.4%-2.5%8.4K-289.1K-2.7K1.16118.00N/AN/A119138372192
2015-04-10$30.63$30.0022.7%6.5%11.3%6.6%22.7%3.9%-2.4%10.9K-352.1K-2.6K1.97117.80N/AN/A70138372192
2015-04-13$30.76$30.0023.0%6.6%10.1%6.8%23.0%27.2%-3.2%13.1K-361.4K-2.6K1.97115.75N/AN/A70138372192
2015-04-14$30.82$30.0023.0%6.6%9.8%6.8%23.0%19.4%-2.1%13.0K-373.9K-2.5K1.97113.30N/AN/A70138372192
2015-04-15$30.67$30.0022.7%6.5%10.0%6.6%22.7%30.3%-2.3%12.0K-348.8K-2.5K1.97116.41N/AN/A70138372192
2015-04-16$30.38$30.0022.0%6.3%10.6%6.0%22.0%17.7%-1.7%5.0K-296.2K-2.5K1.97117.71N/AN/A70138372192
2015-04-17$29.99$30.0022.9%6.6%11.0%6.8%23.1%8.8%-2.4%19.4K-203.1K-2.4K1.97115.22N/AN/A70138372192
2015-04-20$30.07$30.0023.2%6.7%10.8%7.0%23.2%-21.4%-2.5%19.8K-249.5K-2.4K1.67116.36N/AN/A60100362154
2015-04-21$30.15$30.0022.9%6.6%10.8%6.7%22.9%34.0%-2.6%20.3K-250.2K-2.4K1.67120.01N/AN/A60100362154
2015-04-22$29.96$30.0024.9%7.1%11.0%8.2%25.2%-7.9%-4.3%20.4K-232.1K-2.3K1.25121.22N/AN/A6075362154
2015-04-23$29.79$30.0024.6%7.0%9.5%8.0%24.8%-8.9%-4.4%17.8K-167.7K-2.3K1.25121.03N/AN/A6075362166
2015-04-24$29.82$30.0025.4%7.3%9.5%8.6%25.4%33.6%-5.3%17.8K-146.6K-2.3K1.25118.32N/AN/A6075362166
2015-04-27$29.62$30.0025.9%7.4%9.6%9.0%25.9%2.8%-5.8%17.7K-134.0K-2.2K1.30119.81N/AN/A6078362166
2015-04-28$30.14$30.0026.5%7.6%11.2%9.4%26.7%26.1%-5.2%15.0K-201.8K-2.3K1.63120.63N/AN/A6098362181
2015-04-29$29.95$30.0027.4%7.9%11.1%10.1%27.6%50.1%-6.6%13.7K-141.7K-2.5K1.63119.74N/AN/A6098362201
2015-04-30$29.09$30.0027.7%8.0%14.6%10.4%27.2%0.5%-6.7%11.1K35.9K-2.2K0.92101.74N/AN/A10698362201