CSGS Options History — June 2021

In June 2021, CSGS traded between $42.75 and $47.32. ATM implied volatility averaged 32.9%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 15.2% (HV 20d: 17.6%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.47.

Notable Days

  • 2021-06-23: Highest Volume — 177 contracts
  • 2021-06-07: Largest IV spike — 57.0% change
  • 2021-06-07: Highest IV Rank — 40.1%
  • 2021-06-21: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.18$42.75$47.32$43.79$47.29
Max Pain$36.59$35.00$40.00$40.00$40.00
ATM IV32.9%20.9%51.1%32.6%29.7%
Expected Move9.2%6.0%14.3%9.3%8.5%
HV 20d17.6%14.9%19.7%19.6%17.6%
HV 60d18.3%16.9%19.4%19.2%17.0%
IV Rank19.5%6.0%40.1%19.2%16.0%
IV Percentile35.5%2.8%81.3%36.1%24.2%
Term Structure-8.8%-43.6%9.3%-3.2%-15.9%
VWIV38.1%24.4%75.1%75.1%24.4%
Skew 25d14.4%-15.3%77.2%14.4%-15.3%
Skew 10d15.4%-49.4%123.7%17.9%-15.0%
Call IV 25d30.1%16.5%51.1%30.3%31.9%
Put IV 25d44.5%16.6%115.0%44.7%16.6%
Bid-Ask Spread %112.6390.38123.89121.09118.91
Gamma HHI0.560.400.870.500.55
Net GEX20.6K-3.5K64.6K8.1K19.5K
Net DEX-179.3K-392.8K96.2K-24.2K-392.8K
Net VEX-1.7K-2.5K-1.2K-1.4K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.007.000.000.30
Total Volume21017720
Total OI546.409153750708265

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$43.79$40.0032.6%9.3%19.6%19.2%0.0%14.4%-3.2%8.1K-24.2K-1.4K0.00121.09N/AN/A20555153
2021-06-02$43.42$40.0030.6%8.8%19.7%16.9%0.0%19.1%3.1%1475.8K-1.3K7.00110.23N/AN/A17557154
2021-06-03$43.32$35.0028.6%6.8%19.7%14.7%75.1%7.0%-1.7%14.4K-12.3K-1.3K0.00113.19N/AN/A10557161
2021-06-04$43.32$35.0032.6%10.1%18.8%19.2%0.0%-10.4%-12.7%20.2K-39.4K-1.3K0.00110.44N/AN/A10558161
2021-06-07$42.75$35.0051.1%13.2%19.1%40.1%0.0%19.9%-43.6%-3.4K96.2K-1.2K0.00115.64N/AN/A00558161
2021-06-08$43.20$35.0039.0%7.8%19.0%26.4%26.5%-1.5%6.0%23.1K-134.3K-1.8K0.00111.16N/AN/A140558161
2021-06-09$43.53$35.0028.3%8.1%17.5%14.4%0.0%16.1%2.9%-3.5K-30.9K-1.2K0.00118.74N/AN/A10570161
2021-06-10$44.30$35.0027.4%7.9%17.8%13.3%0.0%11.9%5.5%28.1K-129.8K-1.6K0.00115.11N/AN/A10561161
2021-06-11$45.30$35.0020.9%6.0%15.9%6.0%0.0%46.9%9.3%52.7K-296.9K-1.8K0.00123.89N/AN/A00561163
2021-06-14$45.26$35.0025.8%7.4%15.9%11.5%26.6%77.2%-2.4%50.1K-231.6K-1.4K0.06112.74N/AN/A362561163
2021-06-15$45.48$35.0021.0%6.0%14.9%6.1%0.0%4.2%3.2%56.8K-330.9K-1.7K0.00118.39N/AN/A20587161
2021-06-16$45.74$35.0030.3%8.7%14.9%16.6%0.0%10.1%-7.9%12.3K-114.7K-1.3K0.00112.29N/AN/A00589161
2021-06-17$46.37$35.0030.1%8.6%15.4%16.4%0.0%-14.9%-1.3%64.6K-307.3K-1.4K0.00114.00N/AN/A00589161
2021-06-18$45.47$35.0039.0%11.2%17.2%26.4%0.0%77.1%-11.4%5.4K-106.8K-1.2K0.00114.21N/AN/A10589161
2021-06-21$46.10$35.0049.8%14.3%17.6%38.7%0.0%12.2%-24.7%6.6K-136.9K-1.3K0.00114.28N/AN/A3010350
2021-06-22$46.32$35.0045.4%13.0%17.6%33.6%0.0%26.6%-18.4%8.6K-153.6K-1.3K0.00116.01N/AN/A85010650
2021-06-23$45.85$35.0034.0%9.8%17.6%20.8%37.9%-1.7%-21.8%15.2K-281.7K-2.2K0.16105.49N/AN/A1522519150
2021-06-24$46.06$40.0029.6%8.5%17.6%15.8%0.0%3.1%-10.6%17.1K-285.1K-2.2K0.0090.38N/AN/A0019351
2021-06-25$46.97$40.0033.0%9.5%18.7%19.7%0.0%13.3%-19.7%17.2K-314.4K-2.3K0.00104.86N/AN/A18019351
2021-06-28$46.70$40.0033.7%9.6%18.0%20.4%0.0%-10.6%-22.5%20.4K-339.5K-2.4K0.00100.74N/AN/A1021151
2021-06-29$47.32$40.0030.7%8.8%18.1%17.1%24.4%12.7%-5.6%19.1K-383.8K-2.4K0.30116.09N/AN/A842521251
2021-06-30$47.29$40.0029.7%8.5%17.6%16.0%0.0%-15.3%-15.9%19.5K-392.8K-2.5K0.00118.91N/AN/A0021451