CSGS Options History — April 2017

In April 2017, CSGS traded between $36.12 and $38.17. ATM implied volatility averaged 34.4%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 17.2% (HV 20d: 17.2%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.83.

Notable Days

  • 2017-04-25: Highest Volume — 540 contracts
  • 2017-04-12: Largest IV spike — 61.1% change
  • 2017-04-25: Highest IV Rank — 39.4%
  • 2017-04-25: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.05$36.12$38.17$37.22$37.51
Max Pain$35.79$35.00$40.00$40.00$35.00
ATM IV34.4%20.9%44.3%21.6%38.6%
Expected Move10.8%6.2%12.7%6.2%11.1%
HV 20d17.2%15.0%19.3%18.4%15.6%
HV 60d45.0%44.8%45.4%44.9%45.4%
IV Rank26.4%8.8%39.4%9.6%31.9%
IV Percentile73.6%21.0%97.6%25.0%91.7%
Term Structure-3.1%-10.6%19.7%19.7%-10.6%
VWIV38.5%22.2%46.6%22.8%46.6%
Skew 25d4.7%-1.9%10.2%-0.5%10.2%
Skew 10d15.8%1.4%36.4%1.4%12.2%
Call IV 25d36.3%20.5%45.0%25.2%41.8%
Put IV 25d41.0%24.1%52.1%24.7%52.1%
Bid-Ask Spread %90.6375.21112.9098.61103.11
Gamma HHI0.520.460.600.510.60
Net GEX-41.5K-59.4K-32.8K-32.8K-55.4K
Net DEX2.0M1.7M2.1M1.8M1.9M
Net VEX-8.1K-9.0K-7.7K-8.7K-9.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.831.133.241.432.95
Total Volume382.526314540314498
Total OI1,734.6841,6431,8961,6431,896

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$37.22$40.0021.6%6.2%18.4%9.6%22.8%-0.5%19.7%-32.8K1.8M-8.7K1.4398.61N/AN/A1291855971,046
2017-04-04$36.55$40.0022.9%6.6%19.3%11.4%22.2%3.6%15.0%-34.8K2.0M-7.8K1.43105.41N/AN/A1291855971,046
2017-04-05$36.43$40.0023.3%6.7%18.5%11.8%24.0%3.9%13.5%-35.5K2.1M-7.8K1.43112.90N/AN/A1291855971,046
2017-04-06$36.28$35.0023.8%10.4%18.3%12.4%36.5%5.0%-3.7%-34.9K2.1M-7.8K1.4382.40N/AN/A1291855971,046
2017-04-07$36.49$35.0020.9%10.6%18.5%8.8%37.0%4.8%-3.6%-34.7K2.0M-7.7K1.4388.78N/AN/A1291855971,046
2017-04-10$36.62$35.0022.8%11.0%18.6%11.1%38.2%5.8%-4.8%-36.1K2.0M-7.9K1.4375.21N/AN/A1291855971,046
2017-04-11$36.78$35.0023.9%11.5%18.7%12.6%38.6%5.3%-6.1%-35.1K2.0M-8.0K1.1381.97N/AN/A1591795971,046
2017-04-12$36.44$35.0038.4%11.0%17.7%31.7%37.8%4.7%-5.2%-34.2K2.0M-7.7K1.1382.82N/AN/A1591806271,066
2017-04-13$36.16$35.0038.4%11.0%17.7%31.7%38.2%4.7%-5.0%-35.9K2.1M-7.7K1.4184.45N/AN/A1411996271,077
2017-04-17$36.12$35.0042.0%12.1%17.0%36.4%41.6%5.5%-7.6%-40.9K2.1M-7.8K1.4186.49N/AN/A1411996291,127
2017-04-18$36.64$35.0042.5%12.2%18.1%37.1%41.9%6.2%-8.1%-42.0K2.1M-7.7K1.4284.57N/AN/A1412006291,125
2017-04-19$37.03$35.0043.4%12.4%16.5%38.2%43.0%5.1%-7.5%-40.4K2.0M-8.1K1.4281.32N/AN/A1412006291,125
2017-04-20$37.42$35.0043.7%12.5%16.2%38.6%42.9%4.6%-7.2%-39.4K1.9M-8.1K1.4187.14N/AN/A1442036291,125
2017-04-21$37.61$35.0040.6%11.6%15.8%34.5%44.6%5.2%-9.0%-39.9K1.9M-8.2K1.4182.81N/AN/A1442036341,130
2017-04-24$38.08$35.0041.0%11.8%15.4%35.1%44.2%3.8%-8.6%-40.9K1.7M-8.2K3.0879.92N/AN/A1324075981,110
2017-04-25$38.15$35.0044.3%12.7%15.4%39.4%42.2%-1.9%-8.3%-58.1K1.9M-9.0K3.09107.89N/AN/A1324086011,290
2017-04-26$38.17$35.0040.3%11.6%15.4%34.1%43.7%4.0%-4.7%-59.4K1.9M-8.9K3.0996.42N/AN/A1324086011,291
2017-04-27$38.16$35.0040.5%11.6%15.0%34.5%46.1%8.8%-7.0%-57.8K1.9M-8.7K3.2499.78N/AN/A1264086011,291
2017-04-28$37.51$35.0038.6%11.1%15.6%31.9%46.6%10.2%-10.6%-55.4K1.9M-9.0K2.95103.11N/AN/A1263726051,291