CSGS Options History — July 2021

In July 2021, CSGS traded between $44.79 and $46.96. ATM implied volatility averaged 38.4%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 21.8% (HV 20d: 16.6%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.03.

Notable Days

  • 2021-07-08: Highest Volume — 51 contracts
  • 2021-07-06: Largest IV spike — 115.2% change
  • 2021-07-12: Highest IV Rank — 79.6%
  • 2021-07-30: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.84$44.79$46.96$46.96$45.26
Max Pain$41.43$40.00$50.00$40.00$40.00
ATM IV38.4%18.4%86.0%30.1%43.5%
Expected Move8.1%5.3%12.5%8.6%12.5%
HV 20d16.6%14.5%18.7%17.9%16.8%
HV 60d17.6%16.8%18.6%17.1%18.6%
IV Rank26.8%3.6%79.6%16.4%35.5%
IV Percentile39.9%2.0%98.4%26.6%70.2%
Term Structure-6.7%-27.7%2.3%-17.8%-27.7%
VWIV62.1%50.5%73.8%50.5%73.8%
Skew 25d6.2%-21.3%31.1%-12.2%1.1%
Skew 10d9.8%-33.6%62.1%-33.6%2.2%
Call IV 25d27.1%19.2%51.1%26.8%30.5%
Put IV 25d33.4%14.7%76.8%14.7%31.5%
Bid-Ask Spread %115.77103.66124.96120.80121.39
Gamma HHI0.650.530.780.550.72
Net GEX25.0K17.8K31.5K20.2K28.5K
Net DEX-355.0K-420.2K-288.9K-374.2K-304.5K
Net VEX-2.8K-3.2K-2.3K-2.4K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.310.000.00
Total Volume7.42905100
Total OI347.095265384265384

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$46.96$40.0030.1%8.6%17.9%16.4%0.0%-12.2%-17.8%20.2K-374.2K-2.4K0.00120.80N/AN/A0021451
2021-07-02$46.74$40.0032.4%9.3%18.2%18.9%0.0%-21.3%-8.0%19.0K-369.3K-2.4K0.00103.66N/AN/A0021451
2021-07-06$46.65$50.0069.7%9.7%17.2%61.1%0.0%0.7%-3.7%17.8K-323.3K-2.3K0.00118.98N/AN/A36021451
2021-07-07$46.15$50.0077.0%11.3%17.8%69.5%0.0%4.5%-4.6%19.3K-340.8K-2.6K0.00122.42N/AN/A0024451
2021-07-08$45.82$50.0045.7%7.5%18.1%34.1%50.5%17.3%0.2%21.3K-349.7K-2.6K0.31114.70N/AN/A391224451
2021-07-09$45.99$40.0064.6%6.7%17.2%55.4%0.0%3.0%2.0%23.9K-366.3K-2.9K0.00117.44N/AN/A2028363
2021-07-12$45.90$40.0086.0%6.0%15.5%79.6%0.0%-3.1%2.3%25.0K-371.2K-2.8K0.00109.66N/AN/A9028463
2021-07-13$46.03$40.0036.4%6.1%15.5%23.5%0.0%3.2%-1.4%29.7K-364.5K-2.8K0.00114.20N/AN/A11029163
2021-07-14$45.93$40.0024.7%7.1%15.4%11.6%0.0%1.8%-6.2%31.5K-380.6K-2.9K0.00112.76N/AN/A0030263
2021-07-15$45.78$40.0021.4%6.1%15.4%7.4%0.0%3.6%1.9%29.9K-396.6K-2.9K0.00116.11N/AN/A0030263
2021-07-16$46.13$40.0025.8%7.4%14.8%12.9%0.0%5.7%-4.1%21.6K-420.2K-2.9K0.00116.81N/AN/A11030263
2021-07-19$45.32$40.0024.1%6.9%14.5%10.7%0.0%4.2%-1.0%23.4K-324.3K-2.9K0.00124.96N/AN/A20029455
2021-07-20$46.21$40.0026.3%7.5%15.3%13.6%0.0%6.2%-6.0%25.7K-412.3K-3.2K0.00116.17N/AN/A0031355
2021-07-21$45.99$40.0023.6%6.8%15.3%10.2%0.0%21.8%-5.2%29.7K-361.6K-3.1K0.00113.32N/AN/A13031355
2021-07-22$44.79$40.0025.1%7.2%17.6%12.1%0.0%-1.5%-0.6%25.7K-288.9K-3.0K0.00115.11N/AN/A0032655
2021-07-23$45.56$40.0035.7%10.2%18.7%25.5%73.8%31.1%-17.1%27.3K-343.8K-3.1K0.00112.07N/AN/A0132655
2021-07-26$45.39$40.0026.9%7.7%17.1%14.4%0.0%9.4%-5.5%28.2K-334.4K-3.0K0.00111.08N/AN/A2032655
2021-07-27$45.07$40.0029.0%8.3%17.2%17.0%0.0%24.4%-12.2%25.8K-295.4K-2.9K0.00115.86N/AN/A0032656
2021-07-28$45.28$40.0018.4%5.3%16.4%3.6%0.0%25.7%-8.5%25.5K-373.4K-3.1K0.00115.84N/AN/A0032856
2021-07-29$45.60$40.0039.2%11.3%16.7%30.0%0.0%5.1%-18.0%26.0K-359.5K-3.1K0.00117.91N/AN/A0032856
2021-07-30$45.26$40.0043.5%12.5%16.8%35.5%0.0%1.1%-27.7%28.5K-304.5K-2.9K0.00121.39N/AN/A0032856