CSGS Options History — August 2020

In August 2020, CSGS traded between $42.61 and $44.65. ATM implied volatility averaged 34.7%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 13.9% (HV 20d: 20.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.27.

Notable Days

  • 2020-08-19: Highest Volume — 100 contracts
  • 2020-08-28: Largest IV spike — 73.7% change
  • 2020-08-04: Highest IV Rank — 86.1%
  • 2020-08-04: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.73$42.61$44.65$42.84$42.61
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV34.7%15.6%91.7%89.0%18.1%
Expected Move9.5%4.5%26.3%25.5%5.2%
HV 20d20.8%16.4%30.8%30.8%16.4%
HV 60d28.5%26.6%31.1%31.1%26.6%
IV Rank22.1%0.6%86.1%83.1%3.4%
IV Percentile41.3%0.8%99.2%99.2%3.6%
Term Structure1.8%-40.5%37.3%-40.5%37.3%
VWIV39.8%21.3%97.5%97.5%33.3%
Skew 25d6.2%-41.9%43.6%24.8%43.6%
Skew 10d11.1%-32.9%53.3%29.1%53.3%
Call IV 25d40.5%17.2%99.7%98.3%17.8%
Put IV 25d46.7%20.6%123.0%123.0%61.4%
Bid-Ask Spread %105.4092.99117.00113.8192.99
Gamma HHI0.310.250.450.270.38
Net GEX-9.9K-26.8K722-9.1K-18.0K
Net DEX-42.1K-198.2K103.6K103.6K46.6K
Net VEX-1.9K-2.5K-1.2K-2.3K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.003.500.000.00
Total Volume11.3330100103
Total OI455.095401532401496

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$42.84$40.0089.0%25.5%30.8%83.1%97.5%24.8%-40.5%-9.1K103.6K-2.3K0.00113.81N/AN/A100128273
2020-08-04$43.29$40.0091.7%26.3%28.5%86.1%0.0%10.5%-35.1%-6.8K73.6K-2.5K0.00117.00N/AN/A00138273
2020-08-05$43.84$40.0066.0%18.9%28.5%57.2%59.9%-41.9%3.0%-7.8K12.7K-2.1K0.00105.71N/AN/A240138273
2020-08-06$43.07$40.0032.9%8.0%26.8%20.0%21.3%3.1%4.5%-7.2K2.7K-2.0K0.00114.32N/AN/A270150273
2020-08-07$43.90$40.0032.4%7.0%22.0%19.5%0.0%-10.8%10.2%-11.3K-105.6K-1.8K0.00115.09N/AN/A50159273
2020-08-10$44.05$40.0037.3%8.2%22.0%25.0%27.6%-23.9%8.9%-4.5K-92.0K-2.0K0.00104.35N/AN/A10161273
2020-08-11$44.65$40.0042.9%9.4%22.0%31.3%32.6%1.7%3.0%-900-112.2K-2.1K3.50101.00N/AN/A27161273
2020-08-12$44.19$40.0036.9%10.6%20.9%24.6%0.0%-4.6%-1.2%-4.0K-70.8K-2.0K0.00108.55N/AN/A00161269
2020-08-13$44.02$40.0026.1%7.5%20.2%12.4%0.0%18.5%5.0%-2.8K-117.8K-1.8K0.00103.57N/AN/A00161269
2020-08-14$44.42$40.0043.2%12.4%20.3%31.6%0.0%1.6%-5.6%-1.2K-97.1K-1.9K0.00108.69N/AN/A30161269
2020-08-17$44.55$40.0026.7%7.7%19.6%13.1%0.0%5.4%-1.9%722-198.2K-1.2K0.00101.23N/AN/A10164269
2020-08-18$44.27$40.0021.5%6.2%19.6%7.3%0.0%-2.9%0.3%-4.8K-193.6K-1.3K0.00108.65N/AN/A10164269
2020-08-19$44.09$40.0023.7%6.8%18.7%9.8%0.0%-10.1%9.2%-84-190.1K-1.2K0.00109.03N/AN/A0100163269
2020-08-20$43.69$40.0028.4%8.1%18.1%15.0%0.0%1.8%15.0%-17.1K-1.9K-2.3K0.00114.01N/AN/A00163369
2020-08-21$43.40$40.0020.6%5.9%17.8%6.3%22.8%-2.4%-0.2%-21.2K67.5K-2.4K0.00107.95N/AN/A110163369
2020-08-24$43.53$40.0015.6%4.5%17.0%0.6%25.5%23.9%3.5%-16.9K733-1.7K0.03102.16N/AN/A361131348
2020-08-25$43.70$40.0015.9%4.6%16.9%1.0%0.0%29.1%7.5%-17.4K-18.1K-1.8K0.0096.07N/AN/A00147349
2020-08-26$43.46$40.0016.1%4.6%16.6%1.2%37.9%23.3%1.1%-15.3K-3.6K-1.9K0.0093.56N/AN/A60147349
2020-08-27$43.78$40.0015.8%4.5%16.7%0.9%0.0%32.6%4.4%-15.0K-21.2K-1.8K0.00100.39N/AN/A00147349
2020-08-28$43.08$40.0027.5%7.9%18.0%14.0%0.0%6.9%9.3%-26.8K31.5K-1.9K0.0095.33N/AN/A00147349
2020-08-31$42.61$40.0018.1%5.2%16.4%3.4%33.3%43.6%37.3%-18.0K46.6K-1.8K0.0092.99N/AN/A30147349