CSGS Options History — January 2020

In January 2020, CSGS traded between $49.99 and $52.49. ATM implied volatility averaged 30.5%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 8.1% (HV 20d: 22.4%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2020-01-14: Highest Volume — 38 contracts
  • 2020-01-15: Largest IV spike — 105.8% change
  • 2020-01-31: Highest IV Rank — 57.5%
  • 2020-01-31: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.34$49.99$52.49$52.09$49.99
Max Pain$49.05$45.00$50.00$45.00$50.00
ATM IV30.5%15.0%43.4%21.1%43.4%
Expected Move10.1%5.9%12.4%6.0%12.4%
HV 20d22.4%17.7%29.5%25.6%20.4%
HV 60d27.7%20.1%29.5%29.4%20.5%
IV Rank31.4%0.0%57.5%12.2%57.5%
IV Percentile55.1%0.0%91.7%27.0%91.7%
Term Structure-4.2%-10.1%14.1%10.6%-10.1%
VWIV35.6%32.2%44.1%32.8%44.1%
Skew 25d4.9%3.4%9.4%7.8%4.1%
Skew 10d10.4%7.1%20.6%11.4%20.6%
Call IV 25d32.5%12.3%42.8%12.5%42.8%
Put IV 25d37.4%20.3%46.9%20.3%46.9%
Bid-Ask Spread %71.0055.7281.1870.1370.99
Gamma HHI0.480.380.560.430.56
Net GEX37.8K32.8K41.5K32.8K33.6K
Net DEX-524.9K-687.0K-346.4K-508.0K-346.4K
Net VEX-2.1K-2.3K-1.8K-2.0K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.380.000.00
Total Volume10.571038136
Total OI372.238314426314403

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$52.09$45.0021.1%6.0%25.6%12.2%0.0%7.8%10.6%32.8K-508.0K-2.0K0.0070.13N/AN/A1303068
2020-01-03$52.42$45.0020.7%5.9%25.8%11.4%0.0%9.4%14.1%38.2K-601.4K-2.2K0.0073.20N/AN/A003268
2020-01-06$51.72$50.0022.0%9.4%25.7%14.0%0.0%3.7%-3.6%35.7K-531.9K-2.0K0.0071.06N/AN/A1703268
2020-01-07$50.90$50.0021.5%9.4%25.8%13.0%32.8%4.0%-3.4%33.0K-468.0K-1.8K0.0067.62N/AN/A903198
2020-01-08$51.35$50.0021.0%9.4%26.3%11.9%32.8%4.7%-3.5%37.6K-537.7K-2.0K0.0069.37N/AN/A903428
2020-01-09$51.84$50.0015.0%9.4%26.7%0.0%0.0%4.0%-3.3%38.2K-584.7K-2.1K0.0071.34N/AN/A003438
2020-01-10$51.40$50.0018.5%9.4%26.7%7.1%36.2%3.9%-4.0%37.6K-539.2K-2.0K0.1472.18N/AN/A2233438
2020-01-13$52.49$45.0019.8%10.0%28.1%9.6%0.0%4.9%-4.2%39.9K-687.0K-2.2K0.0070.41N/AN/A003509
2020-01-14$51.05$45.0016.6%9.6%29.5%3.1%35.2%3.4%-4.1%37.4K-551.6K-1.8K1.3875.45N/AN/A16223509
2020-01-15$50.95$50.0034.1%9.8%29.4%38.7%35.8%3.8%-4.6%36.2K-548.4K-2.1K0.1174.91N/AN/A18236631
2020-01-16$51.36$50.0034.7%10.0%17.9%40.0%0.0%4.4%-5.0%39.4K-612.5K-2.3K0.0081.18N/AN/A10038432
2020-01-17$51.15$50.0034.2%9.8%17.8%39.0%32.2%4.9%-4.7%38.7K-608.2K-2.2K0.0072.80N/AN/A8039432
2020-01-21$50.81$50.0036.8%10.6%17.7%44.2%0.0%3.6%-5.8%37.0K-455.4K-2.1K0.0055.72N/AN/A0434928
2020-01-22$51.28$50.0037.8%10.8%18.1%46.2%0.0%4.6%-6.4%39.1K-490.4K-2.3K0.0062.91N/AN/A0034932
2020-01-23$51.62$50.0038.7%11.1%17.9%48.1%0.0%4.5%-7.0%41.0K-516.4K-2.3K0.0065.74N/AN/A0034932
2020-01-24$50.86$50.0039.1%11.2%18.6%48.9%44.1%4.8%-7.1%36.7K-451.8K-2.1K0.0073.36N/AN/A0334932
2020-01-27$50.98$50.0041.4%11.9%18.0%53.6%0.0%5.5%-8.4%37.1K-461.4K-2.1K0.0070.62N/AN/A30034932
2020-01-28$51.35$50.0041.1%11.8%18.2%53.0%0.0%5.9%-9.0%41.5K-513.8K-2.3K0.0070.83N/AN/A0036432
2020-01-29$51.25$50.0041.3%11.8%18.2%53.3%0.0%5.7%-8.8%41.3K-499.7K-2.2K0.0076.62N/AN/A0736432
2020-01-30$51.38$50.0042.3%12.1%18.2%55.3%0.0%5.7%-9.3%41.0K-508.5K-2.3K0.0074.65N/AN/A23036439
2020-01-31$49.99$50.0043.4%12.4%20.4%57.5%0.0%4.1%-10.1%33.6K-346.4K-1.9K0.0070.99N/AN/A0636439