CSGS Options History — December 2019

In December 2019, CSGS traded between $51.58 and $57.09. ATM implied volatility averaged 21.1%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.7% (HV 20d: 19.4%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.84.

Notable Days

  • 2019-12-17: Highest Volume — 59 contracts
  • 2019-12-03: Largest IV spike — 10.7% change
  • 2019-12-03: Highest IV Rank — 19.1%
  • 2019-12-03: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.11$51.58$57.09$56.49$51.82
Max Pain$50.00$45.00$55.00$50.00$45.00
ATM IV21.1%18.8%24.5%22.1%20.8%
Expected Move6.0%5.4%7.0%6.3%6.0%
HV 20d19.4%12.8%26.1%15.7%25.4%
HV 60d28.2%26.6%29.7%27.5%29.4%
IV Rank12.2%7.5%19.1%14.3%11.5%
IV Percentile24.0%8.3%50.4%33.3%21.8%
Term Structure7.1%-1.3%11.5%-0.6%11.5%
VWIV22.3%15.1%37.6%20.0%15.1%
Skew 25d3.0%1.1%7.9%1.3%7.7%
Skew 10d4.8%0.3%11.1%0.8%11.1%
Call IV 25d18.5%12.7%21.4%20.7%12.7%
Put IV 25d21.5%19.1%23.9%22.0%20.5%
Bid-Ask Spread %80.9041.7099.0153.7476.75
Gamma HHI0.460.350.610.560.43
Net GEX29.2K6.7K39.0K33.4K32.2K
Net DEX-413.3K-590.5K-129.0K-555.3K-494.8K
Net VEX-1.6K-2.0K-921-1.8K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.008.830.000.00
Total Volume13.42905902
Total OI338.81249445357312

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$56.49$50.0022.1%6.3%15.7%14.3%0.0%1.3%-0.6%33.4K-555.3K-1.8K0.0053.74N/AN/A00214143
2019-12-03$56.54$50.0024.5%7.0%14.6%19.1%0.0%2.5%-1.3%33.5K-560.5K-1.8K0.0041.70N/AN/A00214143
2019-12-04$56.51$50.0022.5%6.4%14.2%15.0%0.0%7.9%-0.7%33.6K-553.0K-1.7K0.0050.81N/AN/A360214143
2019-12-05$56.96$55.0022.4%6.1%14.2%14.9%0.0%2.8%6.8%38.0K-585.1K-1.8K0.0092.06N/AN/A00220143
2019-12-06$57.09$55.0021.9%6.1%12.8%13.9%0.0%2.9%6.2%38.3K-590.5K-1.7K0.0087.72N/AN/A00220143
2019-12-09$56.60$55.0022.6%6.1%13.3%15.2%0.0%3.1%6.7%36.1K-433.8K-1.6K0.0078.21N/AN/A00198143
2019-12-10$56.08$55.0022.4%6.1%13.2%14.8%0.0%3.2%6.7%34.0K-390.8K-1.6K0.0078.69N/AN/A00198143
2019-12-11$55.60$55.0021.1%6.0%13.3%12.1%0.0%3.3%7.2%32.8K-365.5K-1.5K0.0083.18N/AN/A160198143
2019-12-12$55.34$55.0020.8%6.0%13.4%11.6%0.0%3.5%7.1%33.2K-337.2K-1.5K0.0095.82N/AN/A10198143
2019-12-13$55.19$55.0019.4%5.6%13.1%8.7%0.0%3.2%7.7%35.8K-318.6K-1.4K1.0093.91N/AN/A11198143
2019-12-16$55.45$55.0018.8%5.4%13.2%7.5%0.0%2.6%8.3%39.0K-344.6K-1.4K0.0093.37N/AN/A01199144
2019-12-17$51.85$55.0020.6%5.9%26.1%11.2%20.0%1.7%7.3%6.8K-129.0K-9218.8399.01N/AN/A653199145
2019-12-18$52.11$45.0020.9%6.0%26.0%11.7%20.7%1.9%7.2%6.7K-156.9K-9310.0094.65N/AN/A220205158
2019-12-19$51.68$45.0020.7%5.9%25.9%11.4%18.9%1.9%7.4%9.1K-186.7K-1.1K0.2095.10N/AN/A102226158
2019-12-20$51.67$45.0019.4%5.6%25.9%8.7%22.9%1.2%8.4%23.1K-313.2K-1.5K0.0093.82N/AN/A130285160
2019-12-23$52.15$45.0020.0%5.7%25.9%10.0%37.6%1.2%10.7%24.7K-429.5K-1.7K0.0096.91N/AN/A4802445
2019-12-24$52.30$45.0020.0%5.7%25.7%10.0%0.0%1.2%10.5%29.9K-493.6K-2.0K0.0077.67N/AN/A002775
2019-12-26$51.58$45.0020.7%5.9%25.4%11.4%20.7%1.4%10.9%27.4K-440.8K-1.9K0.0572.20N/AN/A2112775
2019-12-27$51.59$45.0020.4%5.9%25.4%10.8%0.0%1.1%10.6%32.4K-498.0K-1.9K0.0074.58N/AN/A102986
2019-12-30$51.67$45.0020.8%6.0%25.5%11.6%0.0%7.9%10.9%32.7K-502.1K-1.9K0.0069.03N/AN/A4702996
2019-12-31$51.82$45.0020.8%6.0%25.4%11.5%15.1%7.7%11.5%32.2K-494.8K-2.0K0.0076.75N/AN/A023066