CSGS Options History — August 2021

In August 2021, CSGS traded between $44.46 and $48.27. ATM implied volatility averaged 35.9%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 15.9% (HV 20d: 20.1%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-08-10: Highest Volume — 41 contracts
  • 2021-08-09: Largest IV spike — 154.8% change
  • 2021-08-10: Highest IV Rank — 68.7%
  • 2021-08-02: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.65$44.46$48.27$44.76$48.27
Max Pain$44.32$40.00$45.00$40.00$45.00
ATM IV35.9%19.1%69.7%53.4%41.1%
Expected Move9.2%5.5%15.3%15.3%11.8%
HV 20d20.1%17.0%22.6%17.1%20.3%
HV 60d18.1%17.2%18.9%18.3%18.5%
IV Rank25.6%4.2%68.7%48.0%30.3%
IV Percentile44.6%1.2%96.0%85.7%66.3%
Term Structure-3.2%-17.1%12.7%-15.2%-16.2%
Skew 25d17.4%-11.3%56.6%15.6%37.3%
Skew 10d20.3%-13.9%107.6%-0.4%21.5%
Call IV 25d25.1%15.1%54.8%27.2%33.4%
Put IV 25d42.5%22.0%74.7%42.8%70.7%
Bid-Ask Spread %119.85111.99129.05125.51119.38
Gamma HHI0.800.680.870.730.85
Net GEX37.3K22.0K56.8K24.4K53.5K
Net DEX-534.6K-840.2K-283.5K-373.5K-840.2K
Net VEX-3.2K-3.8K-2.8K-3.0K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.59104100
Total OI414.909384466384466

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$44.76$40.0053.4%15.3%17.1%48.0%0.0%15.6%-15.2%24.4K-373.5K-3.0K0.00125.51N/AN/A0032856
2021-08-03$44.87$40.0030.8%8.8%17.1%19.3%0.0%9.4%7.4%24.5K-335.1K-3.0K0.00129.05N/AN/A0032856
2021-08-04$44.46$40.0026.6%7.6%17.0%14.0%0.0%-11.3%3.6%22.0K-283.5K-2.8K0.00118.14N/AN/A2032856
2021-08-05$46.03$45.0047.2%10.3%21.3%40.1%0.0%10.9%-11.7%30.6K-403.2K-3.1K0.00113.42N/AN/A0032856
2021-08-06$46.01$45.0020.1%5.6%21.2%5.7%0.0%18.9%8.0%30.3K-386.2K-2.9K0.00114.70N/AN/A0033056
2021-08-09$45.78$45.0051.3%7.6%21.3%45.3%0.0%6.4%-3.4%33.2K-418.8K-3.0K0.00115.92N/AN/A0033056
2021-08-10$45.99$45.0069.7%6.6%21.3%68.7%0.0%53.4%3.6%29.1K-380.3K-2.8K0.00123.46N/AN/A41033056
2021-08-11$46.16$45.0035.3%10.1%21.4%25.0%0.0%10.7%-12.1%33.4K-455.2K-3.1K0.00125.00N/AN/A0033056
2021-08-12$46.42$45.0038.3%11.0%21.4%28.8%0.0%16.3%-15.6%35.0K-496.7K-3.4K0.00125.69N/AN/A0036956
2021-08-13$47.44$45.0034.6%9.9%22.6%24.2%0.0%25.9%-7.8%41.6K-587.6K-3.4K0.00124.28N/AN/A0036956
2021-08-16$47.15$45.0032.0%9.2%21.6%20.8%0.0%18.4%3.1%36.7K-593.6K-3.5K0.00119.52N/AN/A0036956
2021-08-17$47.06$45.0036.7%10.5%20.6%26.8%0.0%14.4%-11.8%37.4K-562.0K-3.4K0.00118.20N/AN/A0037056
2021-08-18$46.56$45.0044.1%12.6%21.0%36.1%0.0%31.6%-17.1%34.3K-525.4K-3.3K0.00125.48N/AN/A0037056
2021-08-19$46.36$45.0025.9%7.4%18.5%13.1%0.0%1.5%-0.7%37.9K-508.8K-3.2K0.00124.27N/AN/A0037056
2021-08-20$47.50$45.0036.6%10.5%19.4%26.7%0.0%4.2%-8.7%38.6K-625.7K-3.4K0.00125.09N/AN/A0037056
2021-08-23$47.55$45.0024.2%6.9%19.3%10.9%0.0%2.2%10.2%42.2K-600.4K-3.2K0.00113.17N/AN/A0036543
2021-08-24$47.25$45.0027.4%7.9%19.3%15.0%0.0%14.3%0.3%40.2K-590.4K-3.2K0.00111.99N/AN/A39036543
2021-08-25$47.31$45.0030.4%8.7%19.3%18.6%0.0%20.4%9.4%39.6K-588.9K-3.1K0.00116.24N/AN/A19036543
2021-08-26$46.93$45.0037.0%10.6%19.5%27.0%0.0%56.6%-9.9%42.5K-605.7K-3.5K0.00116.05N/AN/A0040443
2021-08-27$48.15$45.0019.1%5.5%21.0%4.2%0.0%4.8%12.7%56.1K-802.5K-3.7K0.00113.45N/AN/A0042343
2021-08-30$48.21$45.0029.0%8.3%20.3%14.3%0.0%20.9%2.8%56.8K-796.9K-3.7K0.00118.59N/AN/A0042343
2021-08-31$48.27$45.0041.1%11.8%20.3%30.3%0.0%37.3%-16.2%53.5K-840.2K-3.8K0.00119.38N/AN/A0042343