CSGS Options History — December 2018

In December 2018, CSGS traded between $30.88 and $35.28. ATM implied volatility averaged 31.3%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 1.2% (HV 20d: 30.1%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.50.

Notable Days

  • 2018-12-04: Highest Volume — 46 contracts
  • 2018-12-12: Largest IV drop — 35.9% change
  • 2018-12-11: Highest IV Rank — 46.2%
  • 2018-12-27: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.58$30.88$35.28$35.28$31.64
Max Pain$35.75$35.00$40.00$40.00$35.00
ATM IV31.3%23.8%41.0%25.3%35.6%
Expected Move8.7%6.2%11.3%7.3%10.2%
HV 20d30.1%21.1%34.0%21.1%32.8%
HV 60d25.6%23.4%26.5%23.4%26.4%
IV Rank29.8%17.2%46.2%19.8%37.0%
IV Percentile64.6%52.8%80.6%57.5%65.9%
Term Structure4.1%-2.0%15.3%-1.3%6.4%
VWIV25.6%19.8%30.3%25.3%30.3%
Skew 25d2.7%-5.0%7.4%-0.8%-0.3%
Skew 10d5.3%-9.0%15.8%-1.4%15.5%
Call IV 25d29.6%24.5%36.2%25.3%36.1%
Put IV 25d32.2%22.7%43.6%24.5%35.7%
Bid-Ask Spread %95.2571.39111.0895.3786.63
Gamma HHI0.770.560.960.940.63
Net GEX-23.5K-42.3K-10.3K-40.9K-10.9K
Net DEX625.6K313.1K808.6K544.2K313.1K
Net VEX-1.1K-1.4K-817-1.4K-871
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.004.754.750.00
Total Volume9.2504611
Total OI538.65198666617210

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$35.28$40.0025.3%7.3%21.1%19.8%25.3%-0.8%-1.3%-40.9K544.2K-1.4K0.0095.37N/AN/A01312305
2018-12-04$33.57$40.0027.3%7.8%27.2%23.1%26.9%-5.0%-1.2%-31.0K703.8K-1.2K4.7589.79N/AN/A838312305
2018-12-05$33.50$40.0023.8%6.8%26.9%17.2%19.8%-5.0%-2.0%-32.3K686.4K-1.2K4.75111.08N/AN/A838312305
2018-12-06$33.02$35.0025.6%7.3%26.9%20.3%0.0%5.3%5.5%-27.4K735.8K-1.3K0.00101.75N/AN/A00320340
2018-12-07$32.70$35.0027.4%6.2%26.4%23.2%30.3%2.8%5.4%-27.3K730.3K-1.3K4.75102.88N/AN/A838320340
2018-12-10$31.84$35.0034.1%9.4%26.5%34.6%0.0%3.2%2.8%-20.0K773.5K-1.2K0.0097.88N/AN/A00326340
2018-12-11$32.73$35.0041.0%8.0%28.5%46.2%0.0%4.5%3.6%-25.9K725.7K-1.3K0.0098.51N/AN/A00326340
2018-12-12$33.73$35.0026.3%7.5%31.3%21.4%0.0%4.8%5.3%-37.5K698.5K-1.3K0.0071.39N/AN/A60326340
2018-12-13$33.80$35.0026.0%7.4%31.0%20.9%0.0%6.1%5.5%-42.3K712.7K-1.3K0.0087.10N/AN/A60320340
2018-12-14$33.31$35.0027.2%7.8%30.9%22.9%0.0%5.2%4.6%-30.1K755.8K-1.2K0.0083.22N/AN/A60320340
2018-12-17$32.35$35.0032.8%9.4%31.8%32.4%0.0%4.1%5.0%-23.7K759.3K-1.1K0.0079.23N/AN/A00320340
2018-12-18$32.86$35.0029.1%8.3%32.6%26.1%0.0%2.8%3.2%-26.8K719.4K-1.1K0.0099.50N/AN/A00320340
2018-12-19$32.82$35.0028.8%8.2%30.6%25.6%0.0%2.3%2.8%-26.3K717.3K-1.1K0.00100.21N/AN/A00320340
2018-12-20$31.98$35.0028.5%8.2%31.4%25.2%0.0%5.9%15.3%-11.9K788.2K-9530.0099.88N/AN/A01320331
2018-12-21$31.01$35.0034.9%10.0%32.7%35.8%0.0%0.5%2.9%-10.6K808.6K-8480.75101.84N/AN/A43320331
2018-12-24$30.88$35.0037.8%10.8%32.6%40.7%0.0%7.4%4.0%-10.3K348.4K-8170.00102.43N/AN/A6024174
2018-12-26$31.53$35.0038.9%11.1%34.0%42.5%0.0%3.3%4.2%-11.2K331.7K-8630.00102.37N/AN/A0024174
2018-12-27$31.54$35.0039.6%11.3%33.2%43.7%0.0%3.7%4.2%-11.2K328.5K-8640.00102.84N/AN/A0024174
2018-12-28$31.60$35.0036.4%10.4%33.0%38.4%0.0%2.6%5.1%-11.5K331.6K-8510.0091.04N/AN/A13024174
2018-12-31$31.64$35.0035.6%10.2%32.8%37.0%0.0%-0.3%6.4%-10.9K313.1K-8710.0086.63N/AN/A1036174