CSGS Options History — November 2020

In November 2020, CSGS traded between $38.43 and $44.32. ATM implied volatility averaged 39.3%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 4.7% (HV 20d: 34.7%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.07.

Notable Days

  • 2020-11-24: Highest Volume — 499 contracts
  • 2020-11-06: Largest IV spike — 74.9% change
  • 2020-11-06: Highest IV Rank — 72.0%
  • 2020-11-03: Largest Expected Move — 20.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.30$38.43$44.32$38.43$43.51
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV39.3%23.1%79.2%55.0%41.4%
Expected Move9.7%6.6%20.7%15.8%11.9%
HV 20d34.7%20.3%39.7%20.3%37.3%
HV 60d26.8%20.7%29.4%20.7%28.2%
IV Rank27.3%9.0%72.0%44.9%29.7%
IV Percentile50.7%22.6%95.2%75.8%58.3%
Term Structure1.1%-39.2%35.5%-18.7%-18.7%
VWIV24.4%16.8%40.8%25.7%40.8%
Skew 25d5.6%-25.9%39.1%-25.9%4.3%
Skew 10d3.7%-67.8%70.1%-56.0%-1.0%
Call IV 25d35.4%18.9%99.3%82.7%45.1%
Put IV 25d40.9%19.7%82.8%56.7%49.4%
Bid-Ask Spread %118.13105.78131.21125.26124.95
Gamma HHI0.460.340.650.410.52
Net GEX-7.3K-27.7K28.6K-24.5K24.6K
Net DEX-56.6K-789.6K354.6K354.6K-756.4K
Net VEX-1.9K-6.8K-781-1.4K-6.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.500.000.00
Total Volume26.15049901
Total OI429340836351836

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$38.43$40.0055.0%15.8%20.3%44.9%0.0%-25.9%-18.7%-24.5K354.6K-1.4K0.00125.26N/AN/A00113238
2020-11-03$39.88$40.0072.2%20.7%25.0%64.2%0.0%-16.5%-39.2%-20.3K254.8K-1.5K0.00131.21N/AN/A00113238
2020-11-04$39.39$40.0038.5%11.0%25.0%26.4%25.7%4.8%-8.6%-23.1K253.6K-1.4K0.00112.44N/AN/A120113238
2020-11-05$40.44$40.0045.3%8.2%26.6%34.0%0.0%4.2%0.1%-22.2K188.3K-1.3K0.00105.78N/AN/A02123238
2020-11-06$40.03$40.0079.2%7.7%26.8%72.0%0.0%8.5%0.5%-27.7K211.7K-1.2K0.00108.35N/AN/A00123240
2020-11-09$42.56$40.0045.9%8.0%34.9%34.7%0.0%3.8%2.1%-13.4K25.8K-1.1K0.00107.59N/AN/A00123240
2020-11-10$43.61$40.0048.4%7.6%35.6%37.5%16.8%8.6%2.9%-4.4K-43.9K-1.1K0.50112.03N/AN/A21123240
2020-11-11$43.34$40.0025.4%7.3%35.6%11.7%19.4%4.1%-0.8%-7.8K-5.1K-1.2K0.00109.45N/AN/A30123241
2020-11-12$41.85$40.0032.0%9.2%37.1%19.0%0.0%12.2%4.4%-12.3K38.7K-1.2K0.00106.01N/AN/A00120241
2020-11-13$43.19$40.0023.1%6.6%38.9%9.0%0.0%-4.9%1.6%-8.5K-9.1K-1.1K0.00109.48N/AN/A00120241
2020-11-16$44.02$40.0028.1%8.1%38.5%14.7%0.0%0.8%1.7%-11.8K-103.5K-7810.00117.54N/AN/A00120241
2020-11-17$42.83$40.0028.4%8.1%39.7%15.0%0.0%0.7%-1.2%-4.1K-36.8K-9780.00117.82N/AN/A00120241
2020-11-18$42.68$40.0027.0%7.7%39.6%13.4%0.0%4.2%7.3%-14.5K54.2K-1.1K0.00124.59N/AN/A00120241
2020-11-19$42.52$40.0028.7%8.2%39.3%15.4%0.0%14.0%35.5%-12.6K29.1K-1.1K0.00126.46N/AN/A00120241
2020-11-20$42.68$40.0027.0%7.7%39.3%13.4%0.0%1.1%24.9%-14.7K-3.3K-9180.00119.72N/AN/A00120241
2020-11-23$43.22$40.0036.0%10.3%39.0%23.6%0.0%17.1%-11.0%-467-55.9K-8570.00128.19N/AN/A00105235
2020-11-24$44.32$40.0035.4%10.2%39.2%22.9%0.0%20.2%7.8%-4.6K-61.5K-8890.00124.95N/AN/A4990105235
2020-11-25$43.68$40.0032.1%9.2%37.9%19.2%19.3%10.8%24.4%28.4K-678.6K-6.5K0.00123.59N/AN/A20600235
2020-11-27$43.88$40.0037.6%10.8%37.8%25.4%0.0%39.1%6.9%28.6K-789.6K-6.8K0.00127.12N/AN/A10600235
2020-11-30$43.51$40.0041.4%11.9%37.3%29.7%40.8%4.3%-18.7%24.6K-756.4K-6.6K0.00124.95N/AN/A10601235