CSGS Options History — July 2020

In July 2020, CSGS traded between $38.31 and $41.98. ATM implied volatility averaged 52.7%, placing in the 42.9% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 22.5% (HV 20d: 30.1%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 10.48.

Notable Days

  • 2020-07-06: Highest Volume — 206 contracts
  • 2020-07-13: Largest IV spike — 133.4% change
  • 2020-07-13: Highest IV Rank — 100.0%
  • 2020-07-31: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.94$38.31$41.98$41.93$41.83
Max Pain$39.55$35.00$40.00$35.00$40.00
ATM IV52.7%22.1%104.0%36.3%85.9%
Expected Move13.3%6.3%24.6%10.4%24.6%
HV 20d30.1%27.9%31.6%29.8%30.2%
HV 60d33.7%32.1%35.1%33.8%32.1%
IV Rank42.9%8.4%100.0%25.5%79.7%
IV Percentile70.8%27.0%100.0%54.8%99.2%
Term Structure-3.5%-29.0%12.1%7.4%-22.2%
VWIV49.6%33.6%101.6%35.0%52.4%
Skew 25d2.6%-22.3%35.1%25.0%35.1%
Skew 10d5.6%-51.1%51.7%-50.5%6.8%
Call IV 25d52.2%19.9%87.6%19.9%75.6%
Put IV 25d54.7%23.9%110.6%44.9%110.6%
Bid-Ask Spread %109.7494.41124.2694.41113.99
Gamma HHI0.410.280.650.650.28
Net GEX-9.4K-14.7K-4.4K-6.2K-9.1K
Net DEX185.7K110.3K290.1K110.3K152.0K
Net VEX-2.1K-2.5K-1.5K-1.6K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.480.00105.000.000.00
Total Volume27.727020650
Total OI348.409259404259401

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$41.93$35.0036.3%10.4%29.8%25.5%0.0%25.0%7.4%-6.2K110.3K-1.6K0.0094.41N/AN/A50112147
2020-07-02$41.33$35.0022.1%6.3%29.8%8.4%0.0%-11.0%7.5%-6.2K132.1K-1.6K0.0096.13N/AN/A20117147
2020-07-06$40.76$40.0029.9%10.8%27.9%17.8%35.0%-8.9%-7.3%-8.6K175.9K-1.5K1.86106.43N/AN/A72134119147
2020-07-07$39.60$40.0032.0%9.2%28.7%20.3%0.0%-3.2%2.5%-6.3K164.4K-1.6K0.00106.05N/AN/A011119147
2020-07-08$39.47$40.0037.0%11.3%28.7%26.3%0.0%-18.5%-0.7%-7.8K188.5K-1.5K0.00105.36N/AN/A10119158
2020-07-09$38.31$40.0085.5%13.1%29.0%84.4%46.3%21.6%-8.2%-6.0K214.9K-1.5K0.33115.45N/AN/A93120158
2020-07-10$40.26$40.0044.6%11.2%29.7%35.4%37.2%-4.5%-0.5%-6.2K172.2K-1.6K0.00110.40N/AN/A210128161
2020-07-13$40.33$40.00104.0%12.4%29.7%100.0%0.0%-16.1%-1.3%-4.4K123.7K-1.7K105.00107.48N/AN/A1105139162
2020-07-14$40.87$40.0077.0%9.8%30.4%69.7%0.0%-2.9%12.1%-7.7K193.5K-2.5K0.00106.20N/AN/A10138266
2020-07-15$41.98$40.0048.3%13.8%30.9%37.3%41.4%2.8%7.4%-10.6K150.1K-2.5K2.80102.75N/AN/A54151138266
2020-07-16$41.44$40.0038.0%10.9%30.6%25.8%0.0%-0.7%-0.4%-11.5K203.7K-2.4K0.00105.61N/AN/A00138266
2020-07-17$41.74$40.0029.4%8.4%30.8%16.2%33.6%9.8%12.0%-10.3K155.2K-2.5K0.00119.13N/AN/A01138266
2020-07-20$41.29$40.0057.6%16.5%31.0%47.9%101.6%12.5%-3.9%-9.4K189.3K-2.5K5.33113.83N/AN/A316108255
2020-07-21$41.83$40.0076.1%21.8%31.3%68.6%0.0%-22.3%-29.0%-9.2K174.3K-2.4K0.00109.81N/AN/A01111271
2020-07-22$41.22$40.0068.6%19.7%31.6%60.2%52.4%-19.5%-25.3%-10.5K192.2K-2.5K0.00112.94N/AN/A02111271
2020-07-23$40.64$40.0048.3%13.8%30.0%37.3%0.0%-10.7%-1.7%-12.9K263.4K-2.4K0.00113.73N/AN/A00111273
2020-07-24$40.22$40.0043.0%12.3%30.1%31.4%0.0%9.0%-5.0%-13.0K290.1K-2.3K0.00106.69N/AN/A00111273
2020-07-27$40.96$40.0032.2%9.2%30.7%19.2%0.0%29.3%8.8%-12.0K249.2K-2.3K0.00110.08N/AN/A00111273
2020-07-28$41.17$40.0026.8%7.7%30.5%13.2%0.0%13.8%-0.2%-14.7K252.6K-2.2K0.00120.50N/AN/A00111273
2020-07-29$41.77$40.0054.4%15.6%30.9%44.2%0.0%-2.0%-6.9%-13.4K197.4K-2.2K0.00124.26N/AN/A170111273
2020-07-30$41.80$40.0081.5%23.4%30.7%74.7%0.0%17.8%-21.0%-10.2K140.1K-2.4K0.00113.14N/AN/A00128273
2020-07-31$41.83$40.0085.9%24.6%30.2%79.7%0.0%35.1%-22.2%-9.1K152.0K-2.5K0.00113.99N/AN/A00128273