CSGS Options History — January 2019

In January 2019, CSGS traded between $31.77 and $36.15. ATM implied volatility averaged 39.8%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 13.9% (HV 20d: 25.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-01-25: Highest Volume — 135 contracts
  • 2019-01-09: Largest IV spike — 56.2% change
  • 2019-01-31: Highest IV Rank — 61.2%
  • 2019-01-30: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.26$31.77$36.15$32.09$35.99
Max Pain$30.48$30.00$35.00$35.00$35.00
ATM IV39.8%25.0%50.0%34.7%50.0%
Expected Move11.9%9.9%13.9%9.9%10.5%
HV 20d25.8%19.4%33.2%33.2%23.6%
HV 60d27.0%26.6%27.6%26.6%26.9%
IV Rank44.1%19.3%61.2%35.5%61.2%
IV Percentile77.4%49.2%94.4%64.3%94.4%
Term Structure-6.5%-14.4%9.2%9.2%-4.9%
VWIV39.3%37.7%40.8%39.6%40.1%
Skew 25d4.7%0.9%7.8%0.9%5.0%
Skew 10d9.6%0.1%16.8%12.3%14.0%
Call IV 25d40.7%34.2%47.1%34.3%34.2%
Put IV 25d45.3%35.1%53.7%35.1%39.2%
Bid-Ask Spread %88.1483.8494.5588.9284.00
Gamma HHI0.680.460.900.660.49
Net GEX-7.8K-23.4K7.2K-11.4K6.8K
Net DEX100.7K-208.7K303.9K300.3K-197.5K
Net VEX-1.3K-2.6K-854-885-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.020.000.02
Total Volume25.476013511
Total OI284.857211449211449

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$32.09$35.0034.7%9.9%33.2%35.5%0.0%0.9%9.2%-11.4K300.3K-8850.0088.92N/AN/A1037174
2019-01-03$31.77$30.0031.0%11.9%28.7%29.3%39.6%3.8%-2.9%-11.1K303.9K-8540.0089.72N/AN/A1037174
2019-01-04$32.81$30.0025.4%11.0%31.3%19.9%38.5%4.5%-4.4%-12.3K270.0K-9000.0091.79N/AN/A1037174
2019-01-07$32.79$30.0029.7%11.3%30.9%27.1%0.0%2.9%-4.1%-12.0K274.5K-8660.0088.20N/AN/A0037174
2019-01-08$33.56$30.0025.0%11.1%31.8%19.3%0.0%4.2%-4.1%-13.0K245.1K-8780.0087.64N/AN/A0037174
2019-01-09$33.47$30.0039.1%11.2%30.1%42.9%0.0%4.3%-4.8%-12.9K251.9K-8660.0089.05N/AN/A20037174
2019-01-10$33.66$30.0039.2%11.2%28.6%43.0%0.0%4.3%-5.5%-12.5K197.9K-1.0K0.0088.25N/AN/A21057174
2019-01-11$33.78$30.0038.6%11.1%26.6%42.0%0.0%4.5%-4.9%-13.4K187.7K-1.0K0.0091.12N/AN/A21058174
2019-01-14$33.57$30.0039.5%11.3%26.7%43.5%0.0%3.5%-5.2%-11.8K201.1K-9680.0090.01N/AN/A0058174
2019-01-15$34.05$30.0040.7%11.7%26.6%45.7%0.0%4.7%-6.7%-14.4K188.2K-9700.0090.03N/AN/A1058174
2019-01-16$34.42$30.0040.9%11.7%24.2%45.9%40.8%3.4%-7.0%-17.8K166.9K-9860.0087.69N/AN/A11059174
2019-01-17$35.33$30.0039.6%11.4%25.2%43.8%37.7%4.6%-5.6%-23.4K99.1K-9710.0085.15N/AN/A56059174
2019-01-18$35.17$30.0041.1%11.8%25.3%46.4%39.1%3.8%-7.4%-7.7K70.4K-1.0K0.0087.40N/AN/A560104174
2019-01-22$34.85$30.0044.0%12.6%23.3%51.2%0.0%4.8%-9.1%-7.6K84.2K-9900.0083.84N/AN/A00104136
2019-01-23$34.83$30.0045.0%12.9%19.5%52.8%0.0%5.3%-9.4%-7.6K88.5K-9810.0086.93N/AN/A870104136
2019-01-24$35.52$30.0043.4%12.4%19.7%50.1%0.0%6.7%-9.3%-2.0K-27.4K-1.6K0.0188.27N/AN/A1201188136
2019-01-25$36.15$30.0044.7%12.8%19.4%52.3%40.1%7.8%-10.2%7.2K-208.7K-2.6K0.0288.03N/AN/A1323308137
2019-01-28$35.40$30.0047.7%13.7%21.7%57.4%0.0%6.7%-12.9%5.4K-153.8K-2.6K0.0085.28N/AN/A00312137
2019-01-29$34.81$30.0047.8%13.7%23.1%57.5%0.0%5.3%-13.4%3.8K-82.7K-2.3K0.0085.01N/AN/A01312137
2019-01-30$35.39$30.0048.5%13.9%23.4%58.8%0.0%7.5%-14.4%4.9K-144.9K-2.4K0.0094.55N/AN/A01312137
2019-01-31$35.99$35.0050.0%10.5%23.6%61.2%0.0%5.0%-4.9%6.8K-197.5K-2.5K0.0084.00N/AN/A01312137