CSGS Options History — July 2019

In July 2019, CSGS traded between $48.36 and $52.25. ATM implied volatility averaged 34.7%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 19.9% (HV 20d: 14.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 6.49.

Notable Days

  • 2019-07-12: Highest Volume — 80 contracts
  • 2019-07-10: Largest IV spike — 79.8% change
  • 2019-07-31: Highest IV Rank — 60.6%
  • 2019-07-31: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.60$48.36$52.25$48.87$51.67
Max Pain$45.45$45.00$50.00$45.00$50.00
ATM IV34.7%17.9%49.6%19.1%49.6%
Expected Move10.5%5.1%14.2%5.5%14.2%
HV 20d14.8%11.7%19.0%17.2%18.9%
HV 60d25.4%18.7%26.8%26.4%18.7%
IV Rank35.5%7.3%60.6%9.4%60.6%
IV Percentile61.6%7.1%94.8%14.7%94.8%
Term Structure-6.0%-16.4%15.3%14.7%-16.4%
VWIV41.5%35.5%49.8%35.5%49.8%
Skew 25d4.3%-3.3%8.1%-3.3%7.8%
Skew 10d12.2%-5.4%17.5%-5.2%15.8%
Call IV 25d35.5%18.5%46.0%19.6%46.0%
Put IV 25d39.8%15.9%53.7%16.3%53.7%
Bid-Ask Spread %70.5766.7776.2072.1172.00
Gamma HHI0.330.290.390.330.31
Net GEX3.6K-14.7K23.9K20.6K-5.8K
Net DEX-533.7K-763.2K-301.0K-606.2K-677.9K
Net VEX-3.3K-4.1K-2.5K-2.6K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.490.0032.000.0032.00
Total Volume35.955080033
Total OI590.818356747356743

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$48.87$45.0019.1%5.5%17.2%9.4%0.0%-3.3%14.7%20.6K-606.2K-2.6K0.0072.11N/AN/A00225131
2019-07-02$48.73$45.0018.0%5.2%13.5%7.5%0.0%-2.6%13.8%20.8K-591.9K-2.5K0.0076.20N/AN/A100225131
2019-07-03$49.35$45.0017.9%5.1%13.3%7.3%0.0%-2.6%15.3%23.9K-670.0K-2.5K2.0075.54N/AN/A1020235131
2019-07-05$49.14$45.0019.1%9.6%13.5%9.3%35.5%3.8%-4.3%21.6K-617.7K-2.7K1.8268.88N/AN/A1120235151
2019-07-08$49.12$45.0019.4%9.9%11.7%9.8%37.3%3.2%-5.1%21.2K-609.1K-2.6K3.7366.77N/AN/A1141234151
2019-07-09$48.98$45.0018.9%10.0%11.8%8.9%39.2%5.1%-5.8%17.5K-569.1K-3.0K4.2767.04N/AN/A1147245198
2019-07-10$49.46$45.0033.9%9.7%12.0%34.2%39.7%5.6%-4.7%16.4K-596.0K-3.0K5.1067.03N/AN/A1051245224
2019-07-11$48.39$45.0035.3%10.1%14.1%36.5%37.9%4.2%-6.3%6.1K-421.3K-3.4K2.5070.91N/AN/A1025250275
2019-07-12$48.85$45.0033.6%9.6%14.2%33.7%37.4%5.3%-4.5%6.5K-435.6K-3.4K2.3368.04N/AN/A2456250300
2019-07-15$48.97$45.0036.8%10.6%14.1%39.1%39.3%3.1%-7.6%1.5K-442.3K-3.6K5.4066.81N/AN/A527267356
2019-07-16$48.94$45.0036.8%10.5%13.8%39.0%41.1%5.7%-7.1%696-419.0K-3.8K2.7373.34N/AN/A1541272383
2019-07-17$48.36$45.0037.2%10.7%13.4%39.8%40.0%3.8%-7.7%-8.9K-328.3K-4.0K2.7369.05N/AN/A1541282423
2019-07-18$48.89$45.0038.4%11.0%13.6%41.7%40.3%2.8%-8.4%-4.0K-402.2K-3.9K2.8770.65N/AN/A1543282423
2019-07-19$48.61$45.0039.0%11.2%13.3%42.7%42.3%5.0%-9.5%-13.2K-301.0K-4.1K2.8774.00N/AN/A1543282465
2019-07-22$48.53$45.0040.4%11.6%13.3%45.1%0.0%5.5%-10.4%-14.7K-306.2K-3.9K1.0072.49N/AN/A11271435
2019-07-23$48.88$45.0040.6%11.7%13.1%45.5%0.0%4.9%-10.4%-13.8K-366.6K-3.8K0.5071.99N/AN/A21272436
2019-07-24$50.60$45.0043.8%12.6%17.7%50.8%43.8%7.4%-12.1%-5.8K-567.5K-3.6K0.3371.08N/AN/A31272436
2019-07-25$51.18$45.0044.4%12.7%18.0%51.8%44.5%8.1%-12.8%-4.0K-633.9K-3.4K0.0470.40N/AN/A271273436
2019-07-26$51.83$45.0045.1%12.9%18.3%53.0%42.7%7.0%-13.0%-1.9K-731.9K-3.0K0.0368.59N/AN/A371264436
2019-07-29$52.25$45.0047.6%13.7%18.3%57.3%47.5%7.0%-14.6%234-763.2K-2.9K32.0070.43N/AN/A132274436
2019-07-30$51.71$50.0048.0%13.8%19.0%57.9%48.0%7.0%-15.6%-5.4K-685.4K-3.0K32.0069.10N/AN/A132275468
2019-07-31$51.67$50.0049.6%14.2%18.9%60.6%49.8%7.8%-16.4%-5.8K-677.9K-3.0K32.0072.00N/AN/A132275468