CSGS Options History — December 2021

In December 2021, CSGS traded between $52.96 and $58.09. ATM implied volatility averaged 40.6%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 21.9% (HV 20d: 18.7%). Max pain ranged from $30.00 to $55.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2021-12-15: Highest Volume — 123 contracts
  • 2021-12-14: Largest IV spike — 78.7% change
  • 2021-12-14: Highest IV Rank — 83.8%
  • 2021-12-03: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.14$52.96$58.09$53.28$57.88
Max Pain$45.23$30.00$55.00$45.00$30.00
ATM IV40.6%23.3%89.6%38.8%34.0%
Expected Move9.2%6.7%11.8%11.1%9.8%
HV 20d18.7%16.4%21.2%21.2%18.5%
HV 60d19.0%18.3%19.6%19.2%18.8%
IV Rank27.5%7.6%83.8%25.4%19.9%
IV Percentile54.5%8.3%99.2%61.5%47.6%
Term Structure-2.7%-18.4%12.7%-9.8%6.7%
VWIV34.1%18.0%76.5%62.0%34.6%
Skew 25d1.3%-22.9%31.1%-14.2%-7.0%
Skew 10d-7.2%-41.8%30.9%7.4%-13.7%
Call IV 25d42.9%23.8%62.1%55.4%41.9%
Put IV 25d44.2%25.1%67.9%41.3%34.9%
Bid-Ask Spread %116.05107.53122.86112.74120.02
Gamma HHI0.750.440.960.960.56
Net GEX40.6K56117.6K117.6K1.2K
Net DEX-1.5M-3.0M-127.1K-2.5M-155.2K
Net VEX-852-2.2K-202-2.0K-565
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.441.410.441.26
Total Volume94.8647912310188
Total OI338.56461061072

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$53.28$45.0038.8%11.1%21.2%25.4%62.0%-14.2%-9.8%117.6K-2.5M-2.0K0.44112.74N/AN/A703159416
2021-12-02$53.64$50.0029.6%8.5%21.0%14.8%61.7%-16.1%-2.3%85.7K-2.5M-1.7K0.44116.52N/AN/A713156816
2021-12-03$52.96$50.0041.1%11.8%19.5%28.0%76.5%-5.9%2.2%100.4K-2.1M-2.2K0.45116.82N/AN/A693156716
2021-12-06$54.16$50.0053.1%8.6%17.8%41.8%22.9%-2.8%-3.0%106.9K-2.5M-1.6K0.45122.86N/AN/A693156716
2021-12-07$54.50$50.0058.1%9.4%17.9%47.6%20.0%3.8%-2.8%97.5K-2.5M-1.6K0.44115.99N/AN/A713156716
2021-12-08$54.83$50.0051.2%8.8%17.9%39.6%19.8%-4.1%2.6%113.3K-2.8M-9770.44118.76N/AN/A713156716
2021-12-09$55.12$50.0052.8%10.6%17.8%41.4%35.9%22.3%-14.4%106.7K-2.9M-6450.46118.13N/AN/A703256716
2021-12-10$55.43$50.0059.5%9.3%17.8%49.1%18.0%31.1%4.7%7.4K-3.0M-4080.46118.75N/AN/A703256717
2021-12-13$56.92$50.0050.2%9.5%18.9%38.4%30.2%-5.6%-10.7%35.7K-3.0M-5960.46117.22N/AN/A703256717
2021-12-14$57.11$50.0089.6%8.3%17.1%83.8%26.5%14.8%-3.1%52.4K-2.6M-9950.46110.31N/AN/A693254617
2021-12-15$57.49$50.0026.7%7.7%16.4%11.5%18.1%-0.7%4.9%49.6K-2.6M-9030.68114.78N/AN/A735054717
2021-12-16$56.25$50.0029.7%8.5%18.8%15.0%25.6%8.1%-2.6%6.7K-876.6K-4250.94118.15N/AN/A545117435
2021-12-17$55.53$30.0031.8%9.1%19.1%17.3%32.9%18.4%-5.6%7.2K-884.4K-5071.06114.38N/AN/A505317836
2021-12-20$55.92$30.0037.8%10.8%19.1%24.2%40.2%7.4%0.3%1.3K-127.1K-5681.35122.00N/AN/A34464024
2021-12-21$57.12$30.0025.8%7.4%20.0%10.4%28.4%-17.6%0.7%1.2K-148.1K-5121.32116.82N/AN/A34454025
2021-12-22$57.62$30.0029.1%8.4%20.1%14.3%32.8%-8.3%-3.1%690-192.2K-2021.32112.49N/AN/A34454027
2021-12-23$57.83$30.0023.3%6.7%19.7%7.6%26.3%-4.3%12.7%940-167.8K-4241.41107.53N/AN/A34484027
2021-12-27$57.68$55.0028.5%8.2%18.4%13.6%27.5%5.3%5.2%56-155.9K-4621.41112.34N/AN/A34484031
2021-12-28$58.03$55.0035.2%10.1%18.4%21.2%30.5%-22.9%-18.4%133-174.2K-3811.41117.59N/AN/A34484031
2021-12-29$58.09$55.0027.4%7.9%18.4%12.2%25.9%-4.2%-13.7%100-159.6K-4541.41111.97N/AN/A34484031
2021-12-30$57.75$55.0040.4%11.6%18.5%27.1%53.5%31.1%-9.3%371-153.3K-5051.26116.93N/AN/A39494131
2021-12-31$57.88$30.0034.0%9.8%18.5%19.9%34.6%-7.0%6.7%1.2K-155.2K-5651.26120.02N/AN/A39494527