CSGS Options History — April 2018

In April 2018, CSGS traded between $43.04 and $46.41. ATM implied volatility averaged 36.0%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 9.7% (HV 20d: 26.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.36.

Notable Days

  • 2018-04-26: Highest Volume — 340 contracts
  • 2018-04-11: Largest IV spike — 41.2% change
  • 2018-04-30: Highest IV Rank — 52.1%
  • 2018-04-30: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.93$43.04$46.41$44.87$43.04
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV36.0%23.9%47.1%25.3%47.1%
Expected Move10.9%6.9%13.5%7.3%13.5%
HV 20d26.3%22.6%29.9%23.6%22.8%
HV 60d22.7%20.9%23.7%20.9%23.7%
IV Rank35.5%17.2%52.1%19.4%52.1%
IV Percentile71.6%50.0%90.9%56.0%90.9%
Term Structure-4.8%-13.6%13.9%10.8%-13.6%
VWIV38.4%23.8%51.4%24.6%51.4%
Skew 25d5.4%4.0%11.5%9.2%5.3%
Skew 10d11.7%7.7%19.4%14.7%13.0%
Call IV 25d36.5%17.4%47.1%21.2%47.1%
Put IV 25d41.9%24.2%52.4%30.4%52.4%
Bid-Ask Spread %37.2415.6475.3320.7867.55
Gamma HHI0.540.440.770.520.45
Net GEX4.5K-36.2K22.3K18.4K291
Net DEX-217.2K-407.6K92.4K-266.7K-56.6K
Net VEX-2.0K-2.4K-1.5K-1.9K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.110.470.120.43
Total Volume247.048184340185340
Total OI350.238275474290474

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$44.87$45.0025.3%7.3%23.6%19.4%24.6%9.2%10.8%18.4K-266.7K-1.9K0.1220.78N/AN/A1652026921
2018-04-03$45.13$45.0026.5%7.6%23.7%21.2%25.4%11.5%8.9%20.5K-302.8K-2.1K0.1269.81N/AN/A1652027421
2018-04-04$46.22$45.0023.9%6.9%25.4%17.2%23.8%6.8%13.9%22.3K-390.6K-2.2K0.4229.69N/AN/A1656927421
2018-04-05$46.41$0.0024.3%10.5%25.4%17.8%36.1%4.0%-4.6%6.0K-328.9K-2.3K0.4229.51N/AN/A1667027475
2018-04-06$44.90$45.0027.7%10.6%27.9%23.0%36.7%5.2%-4.4%2.3K-163.4K-2.2K0.4227.38N/AN/A1667027576
2018-04-09$44.51$45.0026.4%10.8%26.9%20.9%36.9%4.8%-4.8%1.0K-126.1K-2.0K0.4236.16N/AN/A1657027976
2018-04-10$45.41$45.0026.7%10.7%28.0%21.5%36.6%4.9%-4.4%2.2K-238.5K-2.1K0.4217.12N/AN/A1657027976
2018-04-11$45.85$45.0037.7%10.8%28.3%38.0%37.2%4.6%-4.6%1.1K-266.4K-2.1K0.4224.95N/AN/A1657027976
2018-04-12$45.51$45.0037.4%10.7%28.4%37.5%36.8%4.4%-4.9%191-247.2K-2.1K0.4222.12N/AN/A1657027976
2018-04-13$45.14$45.0037.7%10.8%28.5%38.0%37.1%4.3%-5.4%-4.9K-186.4K-2.1K0.4219.40N/AN/A1657027976
2018-04-16$46.19$45.0039.5%11.3%29.5%40.6%38.1%5.8%-6.4%3.0K-337.4K-2.0K0.4272.51N/AN/A1657027976
2018-04-17$46.34$45.0039.7%11.4%29.4%40.9%39.1%4.7%-6.6%9.1K-407.6K-1.9K0.4273.48N/AN/A1657027976
2018-04-18$45.62$45.0040.3%11.6%29.9%41.8%39.6%4.2%-7.6%-9.9K-267.5K-1.9K0.4474.67N/AN/A1617127676
2018-04-19$45.16$45.0039.9%11.4%29.6%41.2%39.6%4.6%-7.0%-36.2K-205.4K-1.9K0.4775.33N/AN/A1617527677
2018-04-20$44.20$45.0040.4%11.6%28.3%42.0%40.4%4.2%-7.5%11.1K92.4K-1.5K0.4723.25N/AN/A1698027682
2018-04-23$44.11$45.0042.4%12.2%25.6%45.0%42.4%4.9%-9.4%10.9K-182.1K-1.7K0.1415.80N/AN/A1612324629
2018-04-24$43.91$45.0042.5%12.2%23.0%45.1%42.7%6.4%-9.9%10.3K-164.2K-1.6K0.1115.64N/AN/A2322624629
2018-04-25$43.92$45.0042.9%12.3%22.7%45.8%45.9%5.5%-10.1%14.2K-231.7K-2.3K0.2431.54N/AN/A2325631732
2018-04-26$43.87$45.0043.7%12.5%22.6%46.9%47.6%4.5%-10.8%10.6K-194.3K-2.4K0.4317.85N/AN/A23710331763
2018-04-27$43.23$45.0044.9%12.9%23.0%48.8%48.3%4.4%-12.1%1.8K-88.8K-2.4K0.4317.55N/AN/A237103333141
2018-04-30$43.04$45.0047.1%13.5%22.8%52.1%51.4%5.3%-13.6%291-56.6K-2.2K0.4367.55N/AN/A237103333141