CSGS Options History — July 2018

In July 2018, CSGS traded between $40.50 and $42.28. ATM implied volatility averaged 36.5%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 22.8% (HV 20d: 13.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.18.

Notable Days

  • 2018-07-11: Highest Volume — 195 contracts
  • 2018-07-10: Largest IV spike — 93.7% change
  • 2018-07-31: Highest IV Rank — 57.7%
  • 2018-07-31: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.35$40.50$42.28$41.21$40.56
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV36.5%17.8%46.0%21.6%46.0%
Expected Move10.7%5.1%13.2%6.2%13.2%
HV 20d13.8%12.5%14.9%13.3%14.9%
HV 60d19.6%14.1%21.2%21.0%14.1%
IV Rank41.2%8.0%57.7%13.7%57.7%
IV Percentile69.0%9.1%90.1%34.5%90.1%
Term Structure-6.7%-15.0%20.3%12.2%-15.0%
VWIV36.8%21.3%45.9%21.7%45.9%
Skew 25d4.8%3.4%7.0%7.0%3.8%
Skew 10d13.4%6.3%38.9%38.9%11.7%
Call IV 25d34.9%16.0%45.0%17.8%45.0%
Put IV 25d39.7%23.1%50.3%24.7%48.7%
Bid-Ask Spread %60.5317.32108.2684.7917.32
Gamma HHI0.320.300.370.370.31
Net GEX3.8K-1.0K7.9K7.9K2.5K
Net DEX-74.0K-127.6K-31.1K-113.4K-42.3K
Net VEX-1.3K-1.6K-1.1K-1.1K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.130.240.180.13
Total Volume187.333181195186181
Total OI438.667405449405448

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$41.21$0.0021.6%6.2%13.3%13.7%21.7%7.0%12.2%7.9K-113.4K-1.1K0.1884.79N/AN/A1572938520
2018-07-03$41.74$40.0017.8%5.1%14.2%8.0%21.3%7.0%20.3%6.1K-115.0K-1.4K0.18108.26N/AN/A1572938538
2018-07-05$41.92$40.0021.1%9.9%14.2%13.0%34.6%3.4%-4.6%7.0K-127.6K-1.4K0.2484.30N/AN/A1573738538
2018-07-06$42.19$40.0039.8%10.1%14.0%47.0%34.8%3.6%-5.7%6.8K-117.5K-1.6K0.2474.13N/AN/A1573738548
2018-07-09$42.28$40.0022.4%10.4%13.6%17.1%35.9%4.2%-5.6%7.4K-126.3K-1.6K0.2450.40N/AN/A1573738548
2018-07-10$41.84$40.0043.4%10.2%14.1%53.2%35.6%3.8%-5.6%5.6K-102.3K-1.5K0.2446.96N/AN/A1573738548
2018-07-11$41.95$40.0037.6%10.8%14.1%43.4%36.9%4.6%-8.1%6.5K-107.6K-1.4K0.2448.18N/AN/A1573838548
2018-07-12$41.92$40.0036.5%10.5%13.8%41.4%36.4%4.2%-7.2%4.5K-90.6K-1.5K0.1867.30N/AN/A1572938559
2018-07-13$41.30$40.0036.7%10.5%14.7%41.7%34.7%5.0%-7.7%3.1K-67.9K-1.4K0.1866.34N/AN/A1602938560
2018-07-16$40.78$40.0036.6%10.5%14.1%41.6%35.8%3.8%-6.8%-1.0K-41.6K-1.2K0.1856.27N/AN/A1602938860
2018-07-17$41.03$40.0037.4%10.7%13.7%42.9%36.3%4.4%-8.0%673-48.2K-1.3K0.1883.86N/AN/A1602938860
2018-07-18$40.97$40.0038.6%11.1%13.5%44.9%37.0%5.9%-8.7%794-51.1K-1.3K0.1962.22N/AN/A1603038860
2018-07-19$41.20$40.0038.6%11.1%13.9%45.0%37.7%5.7%-8.3%1.7K-57.3K-1.3K0.1955.81N/AN/A1603038861
2018-07-20$41.18$40.0038.8%11.1%13.5%45.4%37.5%4.7%-9.5%4.0K-59.0K-1.3K0.1981.40N/AN/A1603038861
2018-07-23$41.01$40.0040.3%11.5%13.5%47.9%39.7%4.9%-10.4%3.5K-48.4K-1.2K0.1453.98N/AN/A1602238853
2018-07-24$40.65$40.0040.6%11.6%13.2%48.4%40.4%5.3%-10.3%2.1K-35.9K-1.1K0.1341.21N/AN/A1602138853
2018-07-25$41.07$40.0042.0%12.0%13.4%50.8%41.2%4.6%-12.2%2.4K-42.9K-1.2K0.1364.41N/AN/A1602138854
2018-07-26$41.56$40.0043.1%12.4%12.6%52.8%41.4%5.2%-12.1%3.9K-68.6K-1.3K0.1350.40N/AN/A1602138854
2018-07-27$41.45$40.0042.7%12.2%12.5%52.0%41.8%4.5%-12.6%3.3K-59.2K-1.2K0.1352.71N/AN/A1602138854
2018-07-30$40.50$40.0045.9%13.2%14.9%57.6%45.9%5.9%-14.9%2.1K-31.1K-1.1K0.1320.88N/AN/A1602138854
2018-07-31$40.56$40.0046.0%13.2%14.9%57.7%45.9%3.8%-15.0%2.5K-42.3K-1.1K0.1317.32N/AN/A1602139454