CSGS Options History — June 2019

In June 2019, CSGS traded between $44.14 and $48.71. ATM implied volatility averaged 21.0%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.4% (HV 20d: 20.6%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.94.

Notable Days

  • 2019-06-06: Highest Volume — 40 contracts
  • 2019-06-18: Largest IV drop — 27.5% change
  • 2019-06-07: Highest IV Rank — 16.3%
  • 2019-06-12: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.22$44.14$48.71$44.14$48.64
Max Pain$44.21$40.00$45.00$40.00$45.00
ATM IV21.0%16.0%23.2%22.5%20.7%
Expected Move6.0%4.6%6.6%6.4%5.9%
HV 20d20.6%18.7%22.9%20.3%18.7%
HV 60d26.8%26.2%27.3%26.2%26.4%
IV Rank12.4%4.1%16.3%15.0%12.0%
IV Percentile26.8%4.0%41.7%38.9%21.4%
Term Structure6.9%-1.5%13.2%-1.5%13.2%
VWIV23.1%15.1%45.7%45.7%17.2%
Skew 25d4.2%-1.5%26.0%-1.5%4.5%
Skew 10d7.2%-2.1%56.4%-2.1%6.2%
Call IV 25d19.9%18.0%22.6%22.6%20.7%
Put IV 25d24.1%21.0%45.9%21.0%25.2%
Bid-Ask Spread %84.2054.18102.6077.8274.70
Gamma HHI0.500.320.680.650.32
Net GEX15.1K11.7K18.5K16.8K18.4K
Net DEX-570.6K-769.1K-332.3K-332.3K-569.0K
Net VEX-2.6K-2.7K-2.4K-2.7K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.004.000.000.00
Total Volume20.25040038
Total OI424.1314479428357

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$44.14$40.0022.5%6.4%20.3%15.0%0.0%-1.5%-1.5%16.8K-332.3K-2.7K0.0077.82N/AN/A00210218
2019-06-04$45.69$40.0022.0%6.3%22.5%14.2%0.0%26.0%-0.6%18.2K-483.5K-2.6K0.0071.55N/AN/A200210218
2019-06-05$45.36$40.0022.2%6.4%21.2%14.5%45.7%1.7%-1.1%18.2K-459.4K-2.6K0.0054.18N/AN/A200210218
2019-06-06$45.33$0.0022.4%6.1%21.2%14.8%22.9%4.5%6.2%18.5K-462.9K-2.6K1.0092.98N/AN/A2020210218
2019-06-07$46.36$45.0023.2%6.3%22.8%16.3%23.7%4.5%6.5%14.2K-550.4K-2.6K1.0095.37N/AN/A2020210238
2019-06-10$46.66$45.0021.4%6.2%22.9%13.1%0.0%2.5%6.6%12.2K-536.3K-2.5K0.0093.81N/AN/A230199237
2019-06-11$46.74$45.0020.8%6.4%20.9%12.2%0.0%1.9%5.4%15.7K-565.2K-2.7K0.0084.12N/AN/A230219237
2019-06-12$47.43$45.0022.9%6.6%21.4%15.7%22.5%2.8%5.1%14.5K-630.3K-2.6K1.4390.99N/AN/A710219237
2019-06-13$47.16$45.0022.0%6.3%21.1%14.2%22.0%3.0%6.5%11.7K-626.7K-2.7K1.8280.73N/AN/A1120221247
2019-06-14$47.33$45.0022.4%6.4%20.9%14.8%21.9%2.5%6.1%12.7K-651.4K-2.6K1.8292.29N/AN/A1120227247
2019-06-17$46.98$45.0022.1%6.3%20.1%14.3%0.0%2.1%6.4%15.7K-610.1K-2.7K0.0089.73N/AN/A00232246
2019-06-18$47.78$45.0016.0%4.6%20.8%4.1%21.9%2.2%7.1%14.3K-687.3K-2.6K0.0095.15N/AN/A30232246
2019-06-19$48.22$45.0019.3%5.5%20.8%9.6%15.1%2.6%7.7%15.7K-699.0K-2.5K0.00102.60N/AN/A50233246
2019-06-20$48.71$45.0018.4%5.3%21.0%8.1%23.1%4.0%8.4%15.0K-769.1K-2.4K4.0098.29N/AN/A520233246
2019-06-21$48.59$45.0018.6%5.3%18.8%8.4%22.7%3.5%8.2%14.0K-755.8K-2.4K4.00100.28N/AN/A520233246
2019-06-24$48.15$45.0018.9%5.4%19.3%9.1%0.0%3.9%12.2%13.4K-488.1K-2.4K0.0068.85N/AN/A00183131
2019-06-25$48.11$45.0021.8%6.2%19.0%13.8%0.0%3.3%10.0%12.5K-476.2K-2.5K0.0074.35N/AN/A00183131
2019-06-26$48.35$45.0021.2%6.1%19.0%12.8%0.0%4.7%12.1%12.9K-499.6K-2.4K0.0074.37N/AN/A250183131
2019-06-27$48.65$45.0020.6%5.9%18.7%11.8%18.6%4.6%13.0%16.9K-558.4K-2.7K0.0071.86N/AN/A390209131
2019-06-28$48.64$45.0020.7%5.9%18.7%12.0%17.2%4.5%13.2%18.4K-569.0K-2.7K0.0074.70N/AN/A380226131