CSGS Options History — April 2016

In April 2016, CSGS traded between $44.40 and $45.85. ATM implied volatility averaged 30.9%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 4.4% (HV 20d: 26.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 5.05.

Notable Days

  • 2016-04-01: Highest Volume — 551 contracts
  • 2016-04-11: Largest IV spike — 11.8% change
  • 2016-04-25: Highest IV Rank — 12.0%
  • 2016-04-04: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.32$44.40$45.85$45.85$44.40
Max Pain$44.52$40.00$45.00$40.00$40.00
ATM IV30.9%28.3%32.6%28.3%32.2%
Expected Move9.1%8.1%9.6%8.1%9.2%
HV 20d26.5%13.1%53.0%52.5%13.1%
HV 60d37.2%35.2%38.9%38.9%35.2%
IV Rank11.0%9.4%12.0%9.4%11.8%
IV Percentile78.6%73.4%83.3%73.4%80.6%
Term Structure-1.5%-2.8%4.2%4.2%-2.4%
VWIV31.7%28.8%33.7%28.8%31.7%
Skew 25d3.4%2.0%5.5%5.5%2.0%
Skew 10d6.5%0.1%11.5%7.5%2.5%
Call IV 25d30.6%22.8%33.6%22.8%33.6%
Put IV 25d34.0%28.3%35.6%28.3%35.6%
Bid-Ask Spread %89.0478.53103.97103.5698.03
Gamma HHI0.480.410.580.540.45
Net GEX26.5K19.8K39.8K25.3K28.4K
Net DEX-1.1M-1.4M-664.6K-1.4M-696.1K
Net VEX-2.5K-3.0K-2.1K-2.6K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.051.4511.541.453.15
Total Volume327.476162551551195
Total OI1,020.5246321,3731,255676

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$45.85$40.0028.3%8.1%52.5%9.4%28.8%5.5%4.2%25.3K-1.4M-2.6K1.45103.56N/AN/A225326415840
2016-04-04$45.38$45.0028.7%9.6%52.9%9.7%33.0%3.5%-2.0%23.6K-1.3M-2.8K1.4579.12N/AN/A225326414950
2016-04-05$45.16$45.0030.4%9.3%53.0%10.7%33.0%3.2%-1.7%22.5K-1.3M-3.0K1.5079.02N/AN/A217326414950
2016-04-06$45.64$45.0028.7%9.4%52.9%9.7%32.1%2.9%-0.3%25.9K-1.4M-2.8K3.2281.91N/AN/A102328416950
2016-04-07$45.66$45.0029.7%9.5%49.0%10.3%32.4%3.5%-2.0%26.1K-1.4M-2.8K3.3178.53N/AN/A99328421952
2016-04-08$45.34$45.0029.0%9.5%24.2%9.9%32.3%3.4%-1.9%27.1K-1.3M-2.8K3.3180.67N/AN/A99328421952
2016-04-11$44.95$45.0032.4%9.5%24.4%11.9%32.5%3.3%-1.3%30.4K-1.3M-2.7K3.3183.46N/AN/A99328421952
2016-04-12$44.79$45.0032.5%9.3%21.9%12.0%31.7%2.7%-1.1%32.0K-1.3M-2.8K3.3186.26N/AN/A99328421952
2016-04-13$45.79$45.0032.3%9.3%22.6%11.8%31.7%4.9%-1.7%39.7K-1.4M-2.5K3.3187.91N/AN/A99328421952
2016-04-14$45.56$45.0031.5%9.0%22.1%11.3%30.8%3.7%-1.4%39.8K-1.4M-2.5K3.3189.11N/AN/A99328421952
2016-04-15$45.28$45.0031.9%9.1%18.1%11.6%31.3%3.5%-1.1%19.8K-1.4M-2.4K3.1886.42N/AN/A103328421952
2016-04-18$45.61$45.0031.0%8.9%18.1%11.1%30.9%4.0%-1.4%22.8K-742.9K-2.1K2.6086.64N/AN/A60156262370
2016-04-19$45.80$45.0030.8%8.8%17.9%10.9%30.4%3.5%-2.0%23.6K-770.7K-2.1K2.4887.73N/AN/A63156262370
2016-04-20$45.55$45.0030.6%8.8%18.2%10.8%30.7%3.0%-1.9%24.0K-753.5K-2.1K11.5086.55N/AN/A14161266370
2016-04-21$45.11$45.0030.7%8.8%18.8%10.9%30.1%4.2%-2.1%21.1K-664.6K-2.5K10.0091.14N/AN/A15150264385
2016-04-22$45.25$45.0030.5%8.7%18.7%10.8%31.1%3.2%-1.6%23.5K-698.9K-2.3K11.5496.35N/AN/A13150267381
2016-04-25$45.16$45.0032.6%9.3%16.4%12.0%33.7%3.3%-2.5%22.8K-682.7K-2.3K11.5494.38N/AN/A13150267381
2016-04-26$45.19$45.0031.9%9.1%15.0%11.6%32.4%3.5%-2.4%25.1K-710.3K-2.2K10.5790.74N/AN/A14148267381
2016-04-27$45.25$45.0031.4%9.0%13.6%11.3%32.2%2.3%-2.6%25.8K-717.2K-2.1K7.79103.97N/AN/A19148269379
2016-04-28$45.00$45.0031.9%9.2%13.7%11.6%32.5%2.5%-2.8%26.9K-717.9K-2.2K4.1198.37N/AN/A36148275379
2016-04-29$44.40$40.0032.2%9.2%13.1%11.8%31.7%2.0%-2.4%28.4K-696.1K-2.3K3.1598.03N/AN/A47148297379