CSGS Options History — September 2021

In September 2021, CSGS traded between $46.60 and $48.84. ATM implied volatility averaged 27.8%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 9.7% (HV 20d: 18.1%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.03.

Notable Days

  • 2021-09-13: Highest Volume — 54 contracts
  • 2021-09-23: Largest IV spike — 82.2% change
  • 2021-09-24: Highest IV Rank — 37.1%
  • 2021-09-24: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.89$46.60$48.84$48.64$48.39
Max Pain$40.29$40.00$45.00$45.00$40.00
ATM IV27.8%16.7%45.6%22.9%34.2%
Expected Move8.0%4.8%13.1%6.6%9.8%
HV 20d18.1%16.0%20.1%19.8%18.7%
HV 60d18.3%17.4%18.9%18.5%18.7%
IV Rank13.1%0.0%37.1%5.8%22.5%
IV Percentile23.5%0.0%76.6%3.2%45.2%
Term Structure0.5%-18.4%14.2%14.2%1.5%
VWIV48.6%48.6%48.6%48.6%48.6%
Skew 25d7.0%-31.0%76.7%76.7%-17.0%
Skew 10d1.5%-41.1%60.8%60.8%-19.9%
Call IV 25d32.3%18.9%57.9%22.8%50.8%
Put IV 25d39.3%16.1%99.5%99.5%33.8%
Bid-Ask Spread %114.6694.99126.64117.54118.63
Gamma HHI0.870.830.900.860.90
Net GEX60.9K47.1K74.9K62.8K73.8K
Net DEX-833.5K-1.1M-617.4K-870.2K-1.1M
Net VEX-3.7K-4.5K-3.1K-3.7K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.280.000.00
Total Volume11.19054045
Total OI483.286441555466512

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$48.64$45.0022.9%6.6%19.8%5.8%0.0%76.7%14.2%62.8K-870.2K-3.7K0.00117.54N/AN/A0042343
2021-09-02$48.84$0.0021.5%6.7%16.3%4.0%0.0%-7.8%-0.4%64.3K-923.4K-3.7K0.00116.57N/AN/A0042343
2021-09-03$48.37$0.0020.1%5.8%16.9%2.2%0.0%-2.1%3.6%59.5K-837.0K-3.6K0.00107.23N/AN/A0042343
2021-09-07$48.27$0.0032.0%8.3%16.7%17.8%0.0%24.9%-6.8%57.2K-800.0K-3.5K0.00111.45N/AN/A0042343
2021-09-08$48.24$0.0028.5%8.2%16.7%13.2%0.0%21.6%-8.1%57.9K-772.4K-3.3K0.00110.14N/AN/A0042343
2021-09-09$47.91$40.0029.1%8.4%17.0%14.1%0.0%1.8%-17.0%51.0K-786.8K-3.5K0.00119.98N/AN/A0042544
2021-09-10$47.28$40.0036.6%10.5%17.8%24.0%0.0%-5.3%-6.4%53.1K-617.4K-3.1K0.00126.64N/AN/A0042544
2021-09-13$47.42$40.0038.1%10.9%16.0%26.0%0.0%-6.1%-5.4%47.1K-660.2K-3.1K0.00124.37N/AN/A54042544
2021-09-14$47.09$40.0026.0%7.4%16.1%9.9%0.0%-4.8%-5.8%49.7K-655.1K-3.1K0.00121.63N/AN/A0042544
2021-09-15$48.41$40.0036.9%10.6%18.8%24.3%0.0%1.4%-18.4%63.8K-941.0K-3.8K0.00119.86N/AN/A32047944
2021-09-16$48.00$40.0024.1%6.9%18.6%7.5%0.0%-3.4%12.8%62.8K-929.9K-3.8K0.00116.36N/AN/A0047944
2021-09-17$47.84$40.0019.1%5.5%18.6%0.9%0.0%4.0%3.4%58.6K-901.9K-3.9K0.0094.99N/AN/A26051144
2021-09-20$46.60$40.0021.3%6.1%19.1%3.7%0.0%8.9%10.3%54.3K-642.8K-3.5K0.00101.46N/AN/A2704356
2021-09-21$46.61$40.0016.7%4.8%19.1%0.0%0.0%-14.6%7.1%56.0K-652.4K-3.5K0.28116.36N/AN/A1854376
2021-09-22$46.98$40.0023.0%6.6%19.2%8.1%0.0%-31.0%4.4%50.1K-752.2K-3.8K0.00113.27N/AN/A104646
2021-09-23$47.33$40.0042.0%12.0%19.4%32.5%0.0%31.4%5.9%67.9K-801.5K-4.0K0.00112.76N/AN/A004822
2021-09-24$48.19$40.0045.6%13.1%20.1%37.1%48.6%14.1%-6.5%70.0K-850.0K-4.0K0.00116.43N/AN/A2604832
2021-09-27$48.66$40.0026.6%7.6%18.3%12.7%0.0%30.3%11.0%73.8K-966.9K-4.1K0.00116.78N/AN/A004832
2021-09-28$48.14$40.0020.3%5.8%18.7%4.6%0.0%15.4%8.1%71.2K-1.0M-4.5K0.00117.84N/AN/A105092
2021-09-29$48.45$40.0020.2%5.8%18.9%4.5%0.0%8.3%2.5%74.9K-1.1M-4.5K0.00107.56N/AN/A005092
2021-09-30$48.39$40.0034.2%9.8%18.7%22.5%0.0%-17.0%1.5%73.8K-1.1M-4.5K0.00118.63N/AN/A4505102