CSGS Options History — November 2018

In November 2018, CSGS traded between $34.75 and $37.33. ATM implied volatility averaged 34.8%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 11.0% (HV 20d: 23.8%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 2.55.

Notable Days

  • 2018-11-20: Highest Volume — 235 contracts
  • 2018-11-08: Largest IV drop — 50.8% change
  • 2018-11-07: Highest IV Rank — 85.8%
  • 2018-11-02: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.90$34.75$37.33$35.87$35.01
Max Pain$39.52$35.00$40.00$35.00$40.00
ATM IV34.8%20.5%64.6%53.4%26.0%
Expected Move8.4%5.9%15.8%15.3%7.4%
HV 20d23.8%21.1%26.6%24.8%21.1%
HV 60d22.5%21.6%23.7%21.6%23.3%
IV Rank35.8%11.6%85.8%67.1%20.9%
IV Percentile68.5%29.8%98.8%96.8%58.3%
Term Structure-1.6%-20.3%10.7%-18.5%-1.1%
VWIV28.0%17.4%55.6%53.8%27.0%
Skew 25d3.4%-1.6%9.3%9.2%-0.1%
Skew 10d7.2%-2.1%25.0%18.3%-0.1%
Call IV 25d26.1%15.7%50.6%48.9%24.8%
Put IV 25d29.6%22.1%59.8%58.1%24.8%
Bid-Ask Spread %75.6321.35100.8491.8893.83
Gamma HHI0.710.420.940.420.94
Net GEX-18.7K-37.7K-1.9K-2.2K-37.7K
Net DEX319.0K117.5K586.6K140.6K552.2K
Net VEX-1.1K-1.7K-560-849-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.550.803.800.853.80
Total Volume180.199723598235
Total OI536.571441617441617

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$35.87$35.0053.4%15.3%24.8%67.1%53.8%9.2%-18.5%-2.2K140.6K-8490.8591.88N/AN/A5345328113
2018-11-02$36.19$35.0055.2%15.8%25.1%70.0%55.6%9.3%-20.3%-1.9K128.1K-8840.8528.05N/AN/A5345328113
2018-11-05$36.04$40.0059.5%10.4%25.1%77.2%33.5%5.4%-4.8%-2.1K130.8K-8180.8522.10N/AN/A5345328113
2018-11-06$35.51$40.0061.0%10.3%25.4%79.8%29.5%4.6%-4.8%-3.0K158.5K-7470.8521.35N/AN/A5345328113
2018-11-07$35.75$40.0064.6%10.3%24.5%85.8%29.9%5.3%-4.7%-2.8K150.0K-7440.8026.97N/AN/A5443328113
2018-11-08$36.14$40.0031.8%6.8%22.6%30.6%22.7%3.8%2.8%-7.9K157.3K-5601.3876.60N/AN/A4562331121
2018-11-09$36.63$40.0027.6%6.8%22.8%23.6%21.2%1.1%3.7%-11.6K156.4K-6181.0038.55N/AN/A5454331146
2018-11-12$37.08$40.0037.1%6.7%23.1%39.5%20.0%2.4%4.1%-9.1K120.7K-6131.0085.23N/AN/A5454331146
2018-11-13$37.00$40.0035.8%6.9%22.9%37.3%20.5%2.4%3.5%-8.7K117.5K-5743.0294.91N/AN/A54163331146
2018-11-14$37.33$40.0020.5%5.9%23.0%11.6%17.4%3.9%10.7%-17.1K229.3K-1.4K3.0294.40N/AN/A54163331256
2018-11-15$36.71$40.0025.2%7.2%23.0%19.6%22.7%2.9%2.8%-19.9K282.3K-1.4K3.0295.70N/AN/A54163331256
2018-11-16$36.87$40.0024.3%7.0%22.8%18.0%21.5%2.5%4.3%-17.3K270.3K-1.4K3.0294.41N/AN/A54163331256
2018-11-19$36.30$40.0023.3%6.7%23.5%16.4%23.0%7.6%-1.2%-18.4K317.6K-1.3K3.5791.27N/AN/A49175312219
2018-11-20$35.06$40.0025.7%7.4%26.6%20.4%26.7%1.5%-2.1%-25.7K476.2K-1.4K3.8090.86N/AN/A49186312257
2018-11-21$35.26$40.0027.6%7.9%25.6%23.6%27.7%3.5%-1.5%-31.9K525.8K-1.7K3.80100.84N/AN/A49186312305
2018-11-23$35.13$40.0027.3%7.8%25.5%23.1%27.0%2.9%-1.9%-32.9K536.7K-1.6K3.8091.99N/AN/A49186312305
2018-11-26$35.15$40.0026.3%7.5%24.5%21.4%27.7%1.6%-1.0%-35.2K548.1K-1.5K3.8088.71N/AN/A49186312305
2018-11-27$34.83$40.0026.3%7.5%23.6%21.4%26.6%-0.1%-0.9%-35.0K582.9K-1.5K3.8077.66N/AN/A49186312305
2018-11-28$35.38$40.0026.6%7.6%22.9%21.9%27.4%3.7%-1.8%-36.2K531.0K-1.5K3.8086.29N/AN/A49186312305
2018-11-29$34.75$40.0026.3%7.5%22.2%21.4%26.8%-1.6%-1.4%-36.4K586.6K-1.4K3.8096.53N/AN/A49186312305
2018-11-30$35.01$40.0026.0%7.4%21.1%20.9%27.0%-0.1%-1.1%-37.7K552.2K-1.5K3.8093.83N/AN/A49186312305