CSGS Options History — April 2021

In April 2021, CSGS traded between $45.76 and $46.94. ATM implied volatility averaged 38.5%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 18.0% (HV 20d: 20.5%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2021-04-13: Highest Volume — 199 contracts
  • 2021-04-12: Largest IV spike — 136.1% change
  • 2021-04-12: Highest IV Rank — 72.6%
  • 2021-04-27: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.38$45.76$46.94$45.84$46.06
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV38.5%23.1%79.8%27.0%29.3%
Expected Move8.8%5.9%13.3%7.7%8.4%
HV 20d20.5%11.4%25.1%25.1%11.4%
HV 60d22.9%20.0%25.1%25.1%20.0%
IV Rank25.9%8.5%72.6%12.9%15.5%
IV Percentile41.3%4.8%96.8%12.7%21.4%
Term Structure-1.5%-22.6%24.0%-7.1%-7.3%
VWIV25.1%25.1%25.1%25.1%25.1%
Skew 25d7.7%-14.3%41.6%-7.1%41.6%
Skew 10d12.6%-11.6%77.4%5.5%77.4%
Call IV 25d32.4%18.7%64.3%41.2%25.5%
Put IV 25d40.1%22.6%78.5%34.0%67.1%
Bid-Ask Spread %119.68114.15127.58122.50118.47
Gamma HHI0.780.690.860.800.73
Net GEX56.6K40.1K73.3K50.7K52.6K
Net DEX-594.3K-820.5K-407.2K-427.0K-407.2K
Net VEX-4.5K-5.3K-3.5K-3.7K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.002.500.000.00
Total Volume10.429019900
Total OI737728741728741

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$45.84$50.0027.0%7.7%25.1%12.9%0.0%-7.1%-7.1%50.7K-427.0K-3.7K0.00122.50N/AN/A00575153
2021-04-05$45.76$50.0051.5%5.9%24.6%40.6%0.0%4.7%3.9%63.8K-442.2K-4.3K0.00116.80N/AN/A00575153
2021-04-06$46.14$50.0031.5%6.5%23.4%17.9%0.0%4.0%4.8%57.6K-555.8K-4.9K0.00117.40N/AN/A00575161
2021-04-07$45.91$50.0069.1%9.8%23.4%60.5%0.0%5.7%6.0%40.1K-587.0K-4.9K0.00121.70N/AN/A50575161
2021-04-08$46.24$50.0044.8%11.3%22.2%33.0%0.0%12.7%-22.6%73.2K-605.3K-4.6K0.00114.15N/AN/A00575161
2021-04-09$46.52$50.0033.8%7.7%22.2%20.6%0.0%5.5%5.5%60.4K-727.7K-5.3K0.00114.53N/AN/A04575161
2021-04-12$46.53$50.0079.8%10.1%22.0%72.6%0.0%-3.4%-6.4%46.9K-579.0K-5.0K0.00118.24N/AN/A00575165
2021-04-13$46.71$50.0053.7%6.2%20.9%43.0%25.1%20.5%0.8%57.4K-597.7K-4.8K2.21115.08N/AN/A62137575165
2021-04-14$46.50$50.0023.1%6.6%20.5%8.5%0.0%5.3%0.6%73.3K-496.7K-4.2K0.00123.77N/AN/A00575165
2021-04-15$46.92$50.0027.4%7.9%20.6%13.4%0.0%-2.2%-7.4%61.0K-527.3K-4.1K0.00116.19N/AN/A00575165
2021-04-16$46.94$50.0028.6%8.2%20.5%14.7%0.0%9.1%-6.9%58.1K-544.1K-4.2K0.00116.81N/AN/A01575165
2021-04-19$46.82$50.0025.7%7.4%20.4%11.4%0.0%-14.3%10.1%67.9K-687.7K-4.7K2.50124.25N/AN/A25571157
2021-04-20$46.22$50.0030.2%8.7%20.6%16.5%0.0%-2.6%-0.5%56.7K-647.8K-4.7K0.00125.05N/AN/A01573162
2021-04-21$46.72$50.0042.0%12.0%21.0%29.9%0.0%7.7%-21.0%55.1K-630.8K-4.3K0.00122.96N/AN/A01573164
2021-04-22$46.57$50.0031.1%8.9%21.0%17.5%0.0%19.1%8.1%47.0K-627.1K-4.2K0.00127.58N/AN/A00573165
2021-04-23$46.80$50.0026.8%7.7%21.0%12.7%0.0%9.3%5.5%65.3K-665.3K-4.6K0.00117.64N/AN/A00573165
2021-04-26$46.77$50.0034.7%10.0%20.1%21.6%0.0%0.4%-4.0%64.3K-820.5K-4.7K0.00122.00N/AN/A00573165
2021-04-27$45.96$50.0046.3%13.3%20.9%34.8%0.0%16.4%0.7%43.7K-685.8K-4.8K0.00119.83N/AN/A10575165
2021-04-28$45.93$50.0044.2%12.7%15.9%32.3%0.0%0.8%-18.0%45.5K-529.4K-4.1K0.00120.80N/AN/A00576165
2021-04-29$46.20$50.0027.0%7.7%12.4%12.8%0.0%27.6%24.0%48.2K-688.7K-4.5K0.00117.48N/AN/A00576165
2021-04-30$46.06$50.0029.3%8.4%11.4%15.5%0.0%41.6%-7.3%52.6K-407.2K-3.5K0.00118.47N/AN/A00576165