CSGS Options History — May 2019

In May 2019, CSGS traded between $44.50 and $48.27. ATM implied volatility averaged 24.3%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 12.6% (HV 20d: 36.8%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.49.

Notable Days

  • 2019-05-14: Highest Volume — 119 contracts
  • 2019-05-02: Largest IV drop — 52.0% change
  • 2019-05-01: Highest IV Rank — 56.0%
  • 2019-05-01: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.79$44.50$48.27$44.50$44.83
Max Pain$40.68$40.00$45.00$45.00$40.00
ATM IV24.3%21.0%46.9%46.9%21.7%
Expected Move6.7%6.1%13.4%13.4%6.2%
HV 20d36.8%16.1%39.7%16.1%24.8%
HV 60d27.1%25.5%36.2%31.5%26.0%
IV Rank18.0%12.5%56.0%56.0%13.7%
IV Percentile42.2%27.8%92.9%92.9%31.3%
Term Structure0.8%-15.5%5.1%-15.5%-0.4%
VWIV24.2%19.9%48.0%48.0%21.7%
Skew 25d4.4%-1.2%9.9%5.2%-0.4%
Skew 10d9.2%-2.6%58.6%14.1%-0.3%
Call IV 25d20.8%15.5%46.7%46.7%20.9%
Put IV 25d25.2%19.8%51.9%51.9%20.5%
Bid-Ask Spread %85.4560.66106.2660.6676.54
Gamma HHI0.780.450.980.490.85
Net GEX34.8K20.4K57.4K40.6K25.8K
Net DEX-1.6M-2.3M-1.2M-1.2M-1.2M
Net VEX-3.3K-4.0K-2.6K-4.0K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.001.330.890.08
Total Volume29.3640119681
Total OI783.045612934829612

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$44.50$45.0046.9%13.4%16.1%56.0%48.0%5.2%-15.5%40.6K-1.2M-4.0K0.8960.66N/AN/A3632570259
2019-05-02$48.27$45.0022.5%6.4%32.8%15.0%23.1%5.4%-2.0%36.5K-2.3M-2.7K1.2297.28N/AN/A2733583289
2019-05-03$46.20$45.0021.4%6.1%37.1%13.3%19.9%7.6%-0.1%49.8K-1.8M-3.1K0.30101.91N/AN/A4012576271
2019-05-06$47.29$40.0024.2%6.6%37.6%18.0%23.0%3.3%3.1%39.0K-2.1M-2.6K0.0083.43N/AN/A092571272
2019-05-07$46.25$40.0026.8%6.6%38.4%22.3%23.1%3.5%3.4%43.1K-1.7M-3.7K0.0088.05N/AN/A062571341
2019-05-08$46.16$40.0027.4%6.6%38.4%23.3%22.9%4.3%3.9%40.6K-1.7M-4.0K0.0087.71N/AN/A062571363
2019-05-09$46.24$40.0022.3%6.6%38.3%14.7%24.1%4.1%3.9%41.3K-1.7M-3.9K0.0088.66N/AN/A072571363
2019-05-10$46.34$40.0021.0%6.3%38.1%12.5%0.0%4.4%4.5%40.7K-1.8M-3.7K0.0085.98N/AN/A00571353
2019-05-13$45.21$40.0029.4%6.7%39.3%26.6%0.0%9.9%3.4%54.2K-1.4M-3.9K0.00102.67N/AN/A03571353
2019-05-14$45.26$40.0028.9%6.6%39.2%25.8%23.6%3.7%4.0%57.4K-1.4M-3.8K1.3396.14N/AN/A5168571353
2019-05-15$45.90$40.0022.2%6.4%39.5%14.5%0.0%4.7%4.3%46.6K-1.9M-3.3K0.0094.29N/AN/A00571353
2019-05-16$46.32$40.0021.8%6.2%39.5%13.8%0.0%-0.1%5.1%33.8K-2.0M-3.1K0.0093.81N/AN/A00571353
2019-05-17$45.56$40.0022.0%6.3%39.7%14.1%0.0%-1.2%4.9%24.4K-2.0M-3.1K0.00106.26N/AN/A200571353
2019-05-20$45.55$40.0022.6%6.5%39.6%15.2%0.0%8.2%-1.3%25.9K-1.2M-3.2K0.0094.95N/AN/A00393219
2019-05-21$46.03$40.0021.9%6.3%38.4%14.0%0.0%4.3%-0.8%21.4K-1.3M-3.0K0.0067.78N/AN/A20393219
2019-05-22$46.09$40.0021.9%6.3%38.4%14.1%22.0%5.5%-0.9%20.4K-1.3M-2.9K0.5083.25N/AN/A21393219
2019-05-23$45.06$40.0021.8%6.3%39.0%13.9%21.8%6.5%-0.3%25.9K-1.2M-3.1K0.0884.58N/AN/A131393220
2019-05-24$45.36$40.0021.4%6.1%39.0%13.1%21.4%8.3%-0.6%24.4K-1.2M-3.0K0.0863.94N/AN/A131394219
2019-05-28$45.02$40.0021.7%6.2%39.1%13.6%0.0%0.6%-0.6%24.1K-1.2M-2.9K0.0086.95N/AN/A00394219
2019-05-29$45.10$40.0022.2%6.4%39.0%14.5%22.2%8.0%-0.9%25.1K-1.2M-3.0K0.0063.47N/AN/A01394219
2019-05-30$44.85$40.0021.7%6.2%39.1%13.6%21.7%-0.0%-0.4%24.3K-1.2M-2.9K0.0071.60N/AN/A01394218
2019-05-31$44.83$40.0021.7%6.2%24.8%13.7%21.7%-0.4%-0.4%25.8K-1.2M-2.8K0.0076.54N/AN/A01394218