CSGS Options History — June 2020

In June 2020, CSGS traded between $41.27 and $49.06. ATM implied volatility averaged 33.1%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 0.2% (HV 20d: 32.9%). Max pain ranged from $35.00 to $55.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2020-06-23: Highest Volume — 199 contracts
  • 2020-06-11: Largest IV spike — 84.7% change
  • 2020-06-11: Highest IV Rank — 43.8%
  • 2020-06-11: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.11$41.27$49.06$47.97$41.49
Max Pain$45.00$35.00$55.00$40.00$35.00
ATM IV33.1%22.4%51.6%43.5%38.8%
Expected Move9.1%6.4%14.8%12.5%11.1%
HV 20d32.9%28.0%36.9%36.9%29.3%
HV 60d40.6%36.6%46.5%46.5%37.0%
IV Rank21.7%8.8%43.8%34.1%28.5%
IV Percentile53.2%30.2%81.0%71.8%58.3%
Term Structure-0.8%-34.9%13.5%-12.4%-34.9%
VWIV28.6%21.9%40.0%21.9%23.6%
Skew 25d6.1%-27.9%34.1%-2.8%-27.9%
Skew 10d17.6%-18.8%81.7%-7.4%-18.8%
Call IV 25d30.5%19.9%51.4%46.9%51.4%
Put IV 25d36.6%23.4%64.1%44.1%23.5%
Bid-Ask Spread %110.5095.28128.5495.28115.88
Gamma HHI0.550.300.930.360.68
Net GEX7.0K-10.6K24.4K10.8K-6.6K
Net DEX-82.7K-291.5K216.3K-239.7K132.0K
Net VEX-927-1.6K-675-862-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.007.000.950.00
Total Volume20.773019903
Total OI191.091126256178256

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$47.97$40.0043.5%12.5%36.9%34.1%0.0%-2.8%-12.4%10.8K-239.7K-8620.0095.28N/AN/A0011761
2020-06-02$48.50$40.0024.3%7.0%36.8%11.1%0.0%5.0%0.4%12.6K-264.1K-7880.00101.41N/AN/A0011761
2020-06-03$48.69$40.0030.9%8.9%36.7%19.0%0.0%6.9%-3.5%11.7K-275.8K-8000.00101.75N/AN/A0011761
2020-06-04$48.05$55.0034.1%7.6%36.2%22.8%21.9%10.6%3.2%13.1K-242.8K-7820.95111.09N/AN/A585511761
2020-06-05$49.06$55.0030.0%8.0%32.1%18.0%0.0%0.4%2.5%12.3K-291.5K-7250.00117.68N/AN/A10011761
2020-06-08$48.53$55.0034.7%9.7%32.0%23.5%0.0%-12.0%4.0%13.6K-274.6K-6940.00117.89N/AN/A0011761
2020-06-09$47.62$55.0049.3%8.2%32.1%41.1%0.0%17.5%1.9%11.2K-228.1K-7440.00106.47N/AN/A0011761
2020-06-10$47.84$55.0027.9%8.0%28.0%15.4%0.0%34.1%-8.4%12.9K-238.7K-7100.00114.40N/AN/A0011761
2020-06-11$44.89$55.0051.6%14.8%35.3%43.8%0.0%14.1%-7.6%9.7K-99.8K-7900.17121.58N/AN/A6111761
2020-06-12$44.45$55.0032.6%9.4%35.4%21.1%0.0%5.2%8.3%13.3K-78.2K-7540.00117.32N/AN/A3012061
2020-06-15$44.17$55.0034.3%9.8%35.1%23.1%0.0%17.9%6.7%10.3K-55.2K-7022.25104.79N/AN/A4911761
2020-06-16$45.18$55.0028.5%8.2%32.4%16.1%0.0%14.1%13.5%23.6K-116.5K-6750.00111.43N/AN/A21011761
2020-06-17$44.34$55.0028.6%8.2%32.9%16.3%35.2%11.2%1.8%15.2K-112.5K-7730.00109.33N/AN/A7013561
2020-06-18$44.12$40.0031.3%9.0%32.6%19.4%22.4%2.2%3.8%24.4K-74.1K-7910.00113.47N/AN/A15014261
2020-06-19$43.93$35.0043.2%12.4%32.6%33.8%40.0%-6.3%-12.5%494-34.5K-7330.0097.36N/AN/A15013461
2020-06-22$43.39$35.0027.5%7.9%32.5%14.9%0.0%9.0%6.2%2.5K-29.6K-7747.00107.92N/AN/A3217947
2020-06-23$43.40$35.0023.7%6.8%31.2%10.4%23.6%7.7%0.4%1.7K5.8K-9442.06100.72N/AN/A651348268
2020-06-24$42.05$35.0025.8%7.4%31.7%12.9%0.0%-2.5%6.2%-7.4K174.0K-1.5K0.00115.59N/AN/A0082147
2020-06-25$41.72$35.0022.4%6.4%31.4%8.8%0.0%3.6%12.3%-9.5K170.7K-1.4K0.00128.54N/AN/A0082147
2020-06-26$41.27$35.0035.8%10.3%31.5%24.9%0.0%24.6%-1.2%-10.6K216.3K-1.4K0.00112.40N/AN/A23082147
2020-06-29$41.72$35.0030.1%8.6%30.1%18.0%0.0%1.7%-8.1%-10.3K138.4K-1.5K0.00108.73N/AN/A40105147
2020-06-30$41.49$35.0038.8%11.1%29.3%28.5%0.0%-27.9%-34.9%-6.6K132.0K-1.6K0.00115.88N/AN/A30109147