CSGS Options History — May 2020

In May 2020, CSGS traded between $43.07 and $48.85. ATM implied volatility averaged 49.1%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 10.2% (HV 20d: 38.9%). 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 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-18: Highest Volume — 20 contracts
  • 2020-05-13: Largest IV drop — 47.5% change
  • 2020-05-07: Highest IV Rank — 81.5%
  • 2020-05-01: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.24$43.07$48.85$47.94$46.82
Max Pain$40.25$40.00$45.00$45.00$40.00
ATM IV49.1%33.8%83.0%53.2%43.9%
Expected Move12.0%9.2%15.3%15.3%12.6%
HV 20d38.9%33.5%42.6%41.0%36.4%
HV 60d50.3%48.4%52.2%49.5%48.6%
IV Rank40.8%22.5%81.5%45.8%34.6%
IV Percentile74.9%54.8%98.8%83.7%72.6%
Term Structure-4.2%-19.7%13.7%-19.7%0.3%
VWIV41.5%35.0%47.7%47.7%40.6%
Skew 25d8.7%-2.5%20.8%19.0%5.7%
Skew 10d12.3%-9.6%40.3%14.3%-5.1%
Call IV 25d36.0%27.7%53.1%53.1%39.0%
Put IV 25d44.7%31.6%72.1%72.1%44.7%
Bid-Ask Spread %104.7887.73118.15104.2992.77
Gamma HHI0.300.230.390.230.35
Net GEX5.3K2.9K8.7K3.8K8.7K
Net DEX-110.8K-194.8K-5.4K-119.6K-193.2K
Net VEX-989-1.1K-876-1.1K-922
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume302000
Total OI158145178145178

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$47.94$45.0053.2%15.3%41.0%45.8%0.0%19.0%-19.7%3.8K-119.6K-1.1K0.00104.29N/AN/A008461
2020-05-04$47.34$40.0070.8%14.8%41.6%66.8%0.0%13.0%-13.0%3.0K-119.3K-1.1K0.00104.90N/AN/A008461
2020-05-05$47.83$40.0071.6%13.1%33.5%67.7%0.0%17.4%1.2%3.2K-123.6K-1.1K0.00103.59N/AN/A008461
2020-05-06$48.85$40.0058.5%12.2%34.0%52.0%0.0%15.7%-12.3%3.8K-146.3K-1.0K0.00106.13N/AN/A008461
2020-05-07$46.52$40.0083.0%14.3%37.3%81.5%47.7%1.7%-8.8%3.0K-90.6K-1.1K0.00114.30N/AN/A808461
2020-05-08$47.29$40.0050.8%12.2%36.7%42.8%0.0%9.4%-10.8%5.3K-131.2K-9970.00105.66N/AN/A008961
2020-05-11$46.41$40.0051.5%13.0%36.9%43.7%0.0%18.6%-6.2%5.1K-104.9K-9930.00110.88N/AN/A008961
2020-05-12$44.57$40.0068.6%9.2%38.1%64.1%0.0%0.3%13.7%3.7K-37.8K-9190.00118.15N/AN/A008961
2020-05-13$43.35$40.0036.0%10.3%39.1%25.2%35.0%3.1%4.9%4.1K-29.4K-9050.00103.68N/AN/A1008961
2020-05-14$43.07$40.0039.0%11.2%39.0%28.7%41.8%7.3%5.8%3.7K-5.4K-9510.00108.84N/AN/A1209961
2020-05-15$43.72$40.0040.2%11.5%39.1%30.1%42.5%-2.5%-0.5%2.9K-23.9K-9860.00115.02N/AN/A5010761
2020-05-18$45.67$40.0038.9%11.2%42.6%28.6%40.6%20.8%4.6%5.8K-105.1K-9970.00106.18N/AN/A20010261
2020-05-19$45.21$40.0034.9%10.0%40.7%23.8%0.0%4.1%0.7%6.3K-87.7K-9690.00107.63N/AN/A0010261
2020-05-20$45.67$40.0042.0%12.0%40.6%32.3%0.0%10.4%-9.2%5.3K-103.5K-9800.0099.42N/AN/A5010261
2020-05-21$45.82$40.0040.1%11.5%40.3%30.0%0.0%10.9%-14.7%6.7K-121.2K-1.0K0.00104.51N/AN/A0010761
2020-05-22$46.22$40.0040.2%11.5%40.5%30.1%0.0%5.4%-1.7%7.0K-132.0K-9980.0092.98N/AN/A0010761
2020-05-26$47.23$40.0045.3%13.0%41.0%36.3%0.0%7.7%-11.4%7.1K-167.9K-9530.00112.77N/AN/A0010761
2020-05-27$48.02$40.0033.8%9.7%40.9%22.5%0.0%2.7%-5.3%8.7K-194.8K-9350.0087.73N/AN/A0010761
2020-05-28$47.21$40.0039.4%11.3%38.4%29.1%0.0%3.6%-1.3%8.3K-179.5K-8760.0096.20N/AN/A0010761
2020-05-29$46.82$40.0043.9%12.6%36.4%34.6%0.0%5.7%0.3%8.7K-193.2K-9220.0092.77N/AN/A0011761