CSGS Options History — May 2021

In May 2021, CSGS traded between $44.00 and $46.43. ATM implied volatility averaged 39.2%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 21.9% (HV 20d: 17.3%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.02.

Notable Days

  • 2021-05-18: Highest Volume — 13 contracts
  • 2021-05-17: Largest IV spike — 65.9% change
  • 2021-05-07: Highest IV Rank — 44.3%
  • 2021-05-17: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.10$44.00$46.43$46.43$44.00
Max Pain$41.50$40.00$50.00$50.00$40.00
ATM IV39.2%23.9%54.8%33.9%43.8%
Expected Move10.8%6.8%13.9%9.7%12.5%
HV 20d17.3%11.2%20.9%11.7%20.0%
HV 60d19.9%19.3%21.4%20.0%19.4%
IV Rank26.7%9.4%44.3%20.7%31.8%
IV Percentile53.0%6.3%84.9%39.3%68.7%
Term Structure-7.2%-23.5%16.5%2.9%-13.3%
VWIV29.7%24.8%34.6%34.6%24.8%
Skew 25d13.0%-19.6%63.2%8.1%-2.8%
Skew 10d16.3%-3.3%88.8%1.0%5.8%
Call IV 25d31.7%20.0%55.8%25.3%36.3%
Put IV 25d44.7%25.2%95.2%33.4%33.5%
Bid-Ask Spread %115.7898.30129.60118.69111.41
Gamma HHI0.720.530.850.730.67
Net GEX41.5K16.3K74.6K51.5K33.6K
Net DEX-356.3K-864.9K-77.2K-477.7K-186.2K
Net VEX-2.9K-4.5K-1.5K-3.9K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.130.000.13
Total Volume1.601310
Total OI734.7701747741708

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$46.43$50.0033.9%9.7%11.7%20.7%0.0%8.1%2.9%51.5K-477.7K-3.9K0.00118.69N/AN/A10576165
2021-05-04$46.34$50.0035.2%10.1%11.3%22.1%34.6%1.6%-9.7%74.6K-558.2K-3.7K0.00116.27N/AN/A40575165
2021-05-05$46.26$50.0048.1%13.8%11.2%36.8%0.0%28.2%-2.7%62.3K-864.9K-4.5K0.0098.30N/AN/A00579165
2021-05-06$45.40$40.0053.0%11.7%12.8%42.3%0.0%38.2%-12.2%40.9K-579.6K-4.2K0.00129.60N/AN/A00579165
2021-05-07$45.52$40.0054.8%11.7%12.6%44.3%0.0%13.6%-12.1%50.8K-369.7K-3.3K0.00123.53N/AN/A10579165
2021-05-10$46.03$40.0043.8%10.4%13.3%31.8%0.0%-1.4%3.6%59.7K-593.6K-3.7K0.00113.64N/AN/A10580165
2021-05-11$44.88$40.0036.4%10.7%15.8%23.6%0.0%-0.6%-8.9%30.9K-226.3K-2.9K0.00115.15N/AN/A01580165
2021-05-12$44.16$40.0037.9%10.9%16.6%25.2%0.0%38.4%-9.9%31.7K-331.1K-3.5K0.00124.33N/AN/A01580166
2021-05-13$45.58$40.0035.7%10.2%20.2%22.7%0.0%-2.1%-10.3%41.7K-406.1K-2.8K0.00117.49N/AN/A00580167
2021-05-14$45.57$40.0029.3%8.4%20.2%15.4%0.0%7.0%2.0%45.8K-334.6K-2.6K0.00115.39N/AN/A00579167
2021-05-17$44.86$40.0048.5%13.9%20.9%37.2%0.0%15.2%-20.6%41.0K-461.9K-3.5K0.00111.82N/AN/A10577167
2021-05-18$44.70$40.0028.8%8.3%20.5%14.9%0.0%-4.0%-6.5%16.3K-99.9K-1.8K0.00110.99N/AN/A130578167
2021-05-19$44.56$40.0043.0%12.3%19.9%31.0%0.0%-19.6%-16.7%46.5K-415.4K-3.2K0.00119.65N/AN/A00579167
2021-05-20$44.78$40.0030.2%8.7%20.1%16.5%0.0%63.2%1.4%24.9K-91.3K-1.5K0.00112.15N/AN/A00579163
2021-05-21$44.58$40.0046.9%13.4%20.0%35.3%0.0%33.6%-23.5%39.9K-385.3K-3.1K0.00119.26N/AN/A00579163
2021-05-24$44.87$40.0035.2%10.1%20.2%22.1%24.8%9.2%-1.1%44.5K-246.7K-2.4K0.13113.67N/AN/A81549152
2021-05-25$44.40$40.0023.9%6.8%19.6%9.4%0.0%3.1%16.5%24.6K-77.2K-1.7K0.00110.36N/AN/A00555153
2021-05-26$44.44$40.0039.2%11.2%19.7%26.7%0.0%27.7%-15.3%37.4K-246.7K-2.5K0.00119.64N/AN/A00555153
2021-05-27$44.58$40.0036.1%10.3%19.5%23.1%0.0%4.3%-6.6%31.3K-173.6K-2.1K0.00114.28N/AN/A00555153
2021-05-28$44.00$40.0043.8%12.5%20.0%31.8%0.0%-2.8%-13.3%33.6K-186.2K-2.2K0.00111.41N/AN/A00555153