CSGS Options History — April 2019

In April 2019, CSGS traded between $43.40 and $44.99. ATM implied volatility averaged 31.6%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 14.3% (HV 20d: 17.3%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.75.

Notable Days

  • 2019-04-24: Highest Volume — 190 contracts
  • 2019-04-10: Largest IV spike — 114.9% change
  • 2019-04-30: Highest IV Rank — 54.8%
  • 2019-04-30: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.23$43.40$44.99$43.40$44.51
Max Pain$43.81$40.00$45.00$45.00$45.00
ATM IV31.6%15.2%46.1%16.0%46.1%
Expected Move10.6%9.2%13.2%9.2%13.2%
HV 20d17.3%16.0%18.1%17.6%16.1%
HV 60d31.9%31.4%32.7%32.7%31.5%
IV Rank30.3%2.8%54.8%4.1%54.8%
IV Percentile52.7%2.4%91.7%4.4%91.7%
Term Structure-6.0%-14.6%13.0%13.0%-14.6%
VWIV38.0%32.2%50.0%32.2%50.0%
Skew 25d3.5%-5.6%6.3%-5.6%6.3%
Skew 10d11.0%-8.4%16.8%-8.4%16.8%
Call IV 25d35.2%19.4%45.0%19.4%45.0%
Put IV 25d38.7%13.8%51.3%13.8%51.3%
Bid-Ask Spread %76.6671.5785.5476.5281.18
Gamma HHI0.600.480.750.480.52
Net GEX65.0K39.0K112.4K40.8K39.5K
Net DEX-1.3M-1.4M-1.1M-1.1M-1.2M
Net VEX-3.8K-4.3K-3.5K-3.6K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.0010.000.001.43
Total Volume60.524019015356
Total OI667.571519791519791

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$43.40$45.0016.0%9.2%17.6%4.1%32.2%-5.6%13.0%40.8K-1.1M-3.6K0.0076.52N/AN/A153042495
2019-04-02$43.56$45.0018.7%9.3%17.6%8.7%32.4%-3.9%12.9%74.0K-1.3M-4.2K0.0077.51N/AN/A89056195
2019-04-03$43.68$45.0018.2%9.3%17.5%7.8%32.3%3.4%-4.5%67.1K-1.2M-3.9K0.0077.41N/AN/A18051495
2019-04-04$43.74$45.0015.2%9.3%17.2%2.8%35.7%2.9%-5.0%70.4K-1.2M-3.8K1.5471.68N/AN/A132051495
2019-04-05$44.30$40.0018.3%9.5%17.5%8.0%36.3%3.6%-4.9%74.6K-1.3M-3.9K1.5471.57N/AN/A1320514115
2019-04-08$43.83$40.0016.0%9.7%17.3%4.1%0.0%4.1%-5.5%72.4K-1.2M-3.8K0.0074.06N/AN/A00514115
2019-04-09$43.66$40.0016.1%9.9%17.2%4.3%0.0%3.5%-5.9%70.0K-1.2M-3.8K0.0071.72N/AN/A00514115
2019-04-10$44.13$40.0034.6%9.9%17.4%35.4%0.0%3.0%-6.2%75.0K-1.3M-3.7K0.0073.54N/AN/A20514115
2019-04-11$44.60$40.0034.2%9.8%17.4%34.7%34.2%4.2%-5.6%87.7K-1.4M-3.7K10.0072.88N/AN/A220514115
2019-04-12$44.72$45.0035.2%10.1%17.4%36.3%35.1%3.9%-6.2%92.8K-1.3M-3.8K10.0075.13N/AN/A220514135
2019-04-15$44.49$45.0036.5%10.5%17.4%38.6%0.0%4.2%-7.1%97.7K-1.3M-3.7K0.0075.40N/AN/A00514135
2019-04-16$44.33$45.0036.5%10.5%16.8%38.6%36.5%4.3%-7.3%89.9K-1.2M-3.6K0.0075.05N/AN/A200514135
2019-04-17$44.52$45.0036.7%10.5%16.2%39.0%36.6%4.2%-7.0%112.4K-1.3M-3.6K0.0078.82N/AN/A200534135
2019-04-18$43.89$45.0037.0%10.6%16.7%39.4%37.0%4.6%-8.0%44.5K-1.2M-3.6K0.0077.75N/AN/A20536135
2019-04-22$43.67$45.0038.2%10.9%16.0%41.4%38.2%3.9%-8.4%45.2K-1.1M-3.5K0.0275.71N/AN/A541466133
2019-04-23$44.99$45.0040.0%11.5%17.6%44.4%40.0%5.6%-9.5%52.7K-1.4M-3.7K1.1685.54N/AN/A8194520134
2019-04-24$44.95$45.0040.8%11.7%17.6%45.7%41.0%4.9%-10.3%39.0K-1.3M-4.3K1.3578.03N/AN/A81109547233
2019-04-25$44.36$45.0041.0%11.8%18.1%46.2%41.3%4.9%-10.8%40.1K-1.2M-4.2K1.3579.61N/AN/A81109547243
2019-04-26$44.58$45.0042.1%12.1%18.0%48.0%42.4%5.1%-11.7%39.5K-1.2M-4.2K1.3581.04N/AN/A81109547243
2019-04-29$44.82$45.0045.5%13.0%17.8%53.7%45.5%5.6%-14.2%39.2K-1.3M-4.0K0.0079.74N/AN/A01547243
2019-04-30$44.51$45.0046.1%13.2%16.1%54.8%50.0%6.3%-14.6%39.5K-1.2M-4.0K1.4381.18N/AN/A2333547244