CSGS Options History — August 2019

In August 2019, CSGS traded between $48.17 and $53.80. ATM implied volatility averaged 32.3%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 3.3% (HV 20d: 29.0%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 4.03.

Notable Days

  • 2019-08-08: Highest Volume — 85 contracts
  • 2019-08-08: Largest IV drop — 63.8% change
  • 2019-08-07: Highest IV Rank — 85.0%
  • 2019-08-02: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.42$48.17$53.80$51.25$53.80
Max Pain$45.45$45.00$50.00$50.00$45.00
ATM IV32.3%17.8%64.3%52.8%22.0%
Expected Move8.2%5.1%15.4%15.1%6.3%
HV 20d29.0%18.9%31.8%18.9%30.1%
HV 60d21.9%18.1%23.1%18.1%22.0%
IV Rank31.6%5.4%85.0%65.9%13.8%
IV Percentile56.0%4.0%99.2%96.4%31.3%
Term Structure-1.5%-19.3%4.4%-19.3%-0.0%
VWIV35.7%21.9%52.8%52.8%21.9%
Skew 25d4.6%2.9%9.4%8.1%3.7%
Skew 10d8.9%1.1%20.6%13.4%20.6%
Call IV 25d27.3%21.5%50.1%48.9%22.0%
Put IV 25d31.9%24.4%59.5%56.9%25.7%
Bid-Ask Spread %72.2849.0088.5770.3070.93
Gamma HHI0.360.270.480.320.43
Net GEX10.2K-22.9K44.2K-6.9K6.0K
Net DEX-744.3K-1.2M-98.6K-646.8K-878.4K
Net VEX-2.0K-3.4K-1.3K-3.0K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.030.0032.0032.000.17
Total Volume14.136085330
Total OI613.955366852744399

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$51.25$50.0052.8%15.1%18.9%65.9%52.8%8.1%-19.3%-6.9K-646.8K-3.0K32.0070.30N/AN/A132276468
2019-08-02$50.39$50.0053.8%15.4%20.0%67.7%0.0%9.4%-18.6%-11.0K-473.7K-3.2K0.0071.13N/AN/A00276468
2019-08-05$48.17$45.0061.4%10.9%25.9%80.3%47.0%5.5%-4.8%-22.9K-98.6K-3.4K0.0066.68N/AN/A01276468
2019-08-06$48.77$45.0061.8%10.6%26.3%81.1%38.3%4.7%-4.6%-19.0K-202.2K-3.3K0.7068.10N/AN/A3726276468
2019-08-07$48.39$45.0064.3%10.8%26.1%85.0%36.0%5.9%-4.9%-19.7K-188.6K-3.4K6.2267.07N/AN/A956305493
2019-08-08$50.81$45.0023.2%7.0%30.4%14.8%27.1%3.9%3.9%37.4K-961.2K-1.9K1.2487.22N/AN/A3847307545
2019-08-09$50.62$45.0021.6%6.8%30.3%12.0%0.0%4.3%4.3%40.0K-949.6K-1.8K0.0086.28N/AN/A110292533
2019-08-12$50.24$45.0028.7%7.2%30.5%24.2%0.0%3.5%3.4%40.9K-860.9K-1.8K0.0087.47N/AN/A010290533
2019-08-13$50.44$45.0027.8%6.9%30.5%22.7%0.0%3.1%4.2%42.8K-913.5K-1.8K0.0087.46N/AN/A00290543
2019-08-14$50.21$45.0026.5%7.6%30.2%20.4%0.0%4.7%2.7%44.2K-829.3K-1.9K0.0086.31N/AN/A00290543
2019-08-15$51.57$45.0027.0%7.7%31.3%24.8%27.0%4.8%2.9%16.7K-1.2M-1.5K0.0084.47N/AN/A90290543
2019-08-16$52.52$45.0023.4%6.7%31.6%17.6%0.0%3.0%4.4%8.4K-1.2M-1.3K0.0088.57N/AN/A40289543
2019-08-19$52.58$45.0022.1%6.3%31.6%15.1%21.9%3.1%0.5%3.0K-740.5K-1.6K0.0075.68N/AN/A210194172
2019-08-20$53.32$45.0022.1%6.3%31.8%13.9%0.0%3.1%0.4%6.5K-808.6K-1.7K0.0074.44N/AN/A00214172
2019-08-21$53.60$45.0021.7%6.2%29.7%13.2%0.0%3.7%0.0%7.3K-832.4K-1.7K0.0068.53N/AN/A10219172
2019-08-22$53.20$45.0021.8%6.2%29.7%13.3%0.0%3.6%0.3%7.4K-824.5K-1.6K0.0049.00N/AN/A00220172
2019-08-23$51.95$45.0027.4%7.9%30.8%24.7%0.0%4.7%-0.7%9.5K-722.1K-1.8K0.0060.66N/AN/A00220172
2019-08-26$51.95$45.0028.5%8.2%30.7%27.0%0.0%5.5%-1.4%9.2K-728.2K-1.8K0.0066.07N/AN/A00220172
2019-08-27$51.99$45.0028.0%8.0%30.4%25.8%0.0%5.8%-1.9%9.0K-739.2K-1.7K0.0054.12N/AN/A01220172
2019-08-28$52.40$45.0027.9%8.0%30.5%25.7%0.0%4.3%-3.0%8.0K-758.7K-1.7K0.1757.04N/AN/A61220173
2019-08-29$53.05$45.0017.8%5.1%30.6%5.4%0.0%2.9%0.1%6.5K-837.0K-1.6K0.0062.68N/AN/A00225174
2019-08-30$53.80$45.0022.0%6.3%30.1%13.8%0.0%3.7%-0.0%6.0K-878.4K-1.6K0.0070.93N/AN/A00225174