CSGS Options History — February 2019

In February 2019, CSGS traded between $36.03 and $42.42. ATM implied volatility averaged 30.1%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 13.9% (HV 20d: 44.0%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.36.

Notable Days

  • 2019-02-07: Highest Volume — 557 contracts
  • 2019-02-06: Largest IV drop — 38.5% change
  • 2019-02-05: Highest IV Rank — 76.1%
  • 2019-02-04: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.43$36.03$42.42$36.31$41.50
Max Pain$39.74$35.00$40.00$35.00$40.00
ATM IV30.1%20.3%58.8%51.4%23.4%
Expected Move7.8%5.8%10.8%10.6%6.7%
HV 20d44.0%20.6%50.7%22.8%49.4%
HV 60d35.3%26.8%38.0%27.0%37.3%
IV Rank27.8%11.4%76.1%63.6%16.6%
IV Percentile55.2%19.8%98.0%95.2%41.3%
Term Structure0.2%-5.5%7.7%-5.1%-0.7%
VWIV27.7%23.8%35.7%34.4%23.8%
Skew 25d5.0%0.1%10.0%5.5%3.5%
Skew 10d8.7%-0.9%18.2%16.1%5.7%
Call IV 25d23.3%15.5%34.5%34.4%20.3%
Put IV 25d28.3%23.5%40.0%39.9%23.8%
Bid-Ask Spread %85.8665.4399.6181.7192.71
Gamma HHI0.520.390.640.500.56
Net GEX42.6K8.1K63.7K8.1K37.4K
Net DEX-830.6K-1.2M-224.9K-224.9K-801.3K
Net VEX-4.2K-5.2K-2.5K-2.6K-4.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.002.511.000.16
Total Volume66.3682557237
Total OI863.5264421,107449893

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$36.31$35.0051.4%10.6%22.8%63.6%0.0%5.5%-5.1%8.1K-224.9K-2.6K1.0081.71N/AN/A11312137
2019-02-04$36.59$40.0056.4%10.8%20.8%72.0%34.4%5.5%-5.3%8.3K-240.4K-2.5K0.1078.56N/AN/A202305137
2019-02-05$36.86$40.0058.8%10.6%20.6%76.1%34.9%4.9%-5.5%9.8K-235.5K-2.5K0.1682.73N/AN/A254305139
2019-02-06$36.03$40.0036.2%10.4%21.9%38.1%35.7%4.9%-4.6%13.3K-246.6K-3.4K2.5179.81N/AN/A43108447143
2019-02-07$40.95$40.0026.0%7.5%49.2%21.0%24.7%4.6%2.7%47.5K-1.0M-4.4K0.4282.48N/AN/A392165472251
2019-02-08$41.55$40.0025.7%7.4%49.2%20.4%25.4%3.6%2.8%63.7K-1.2M-5.2K0.8884.83N/AN/A133117788301
2019-02-11$40.77$40.0025.2%7.2%50.2%19.5%0.0%3.6%3.5%54.4K-941.1K-4.9K0.0087.32N/AN/A110791302
2019-02-12$41.31$40.0025.0%7.2%49.9%19.2%0.0%0.1%3.4%57.2K-1.2M-5.0K0.0090.67N/AN/A170801302
2019-02-13$41.35$40.0025.8%7.4%50.0%20.5%25.0%2.1%3.4%56.3K-1.2M-5.0K0.4892.50N/AN/A2110805302
2019-02-14$41.67$40.0025.3%7.3%50.0%19.7%24.5%2.2%2.8%54.3K-1.2M-5.0K0.3187.98N/AN/A3210796310
2019-02-15$41.32$40.0024.3%7.0%50.0%18.0%23.9%1.3%3.6%44.9K-1.1M-4.8K0.5991.18N/AN/A1710784310
2019-02-19$41.84$40.0024.8%7.1%49.8%18.9%0.0%9.2%-0.7%52.7K-936.7K-4.6K0.0098.52N/AN/A20627271
2019-02-20$40.96$40.0024.1%6.9%50.5%17.7%0.0%7.9%-1.0%40.1K-787.7K-4.5K0.0095.01N/AN/A20627271
2019-02-21$41.46$40.0024.7%7.1%50.4%18.8%0.0%8.6%-1.2%47.1K-869.2K-4.5K0.0099.61N/AN/A20627271
2019-02-22$42.42$40.0020.3%5.8%50.5%11.4%0.0%3.4%7.7%62.3K-1.0M-4.7K0.0079.41N/AN/A80627271
2019-02-25$42.11$40.0025.6%7.3%50.7%20.3%0.0%10.0%-0.4%57.4K-967.1K-4.5K0.0065.43N/AN/A20625271
2019-02-26$41.74$40.0024.4%7.0%50.0%18.2%0.0%9.1%-0.6%49.8K-902.3K-4.4K0.0073.31N/AN/A320627271
2019-02-27$41.51$40.0024.4%7.0%49.4%18.2%24.8%5.0%-0.7%44.5K-834.6K-4.2K0.1687.61N/AN/A325617271
2019-02-28$41.50$40.0023.4%6.7%49.4%16.6%23.8%3.5%-0.7%37.4K-801.3K-4.2K0.1692.71N/AN/A325617276