CSGS Options History — May 2022

In May 2022, CSGS traded between $56.91 and $61.95. ATM implied volatility averaged 41.5%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 14.0% (HV 20d: 27.5%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2022-05-31: Highest Volume — 197 contracts
  • 2022-05-09: Largest IV spike — 37.7% change
  • 2022-05-09: Highest IV Rank — 38.1%
  • 2022-05-02: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.28$56.91$61.95$60.55$61.80
Max Pain$60.71$60.00$65.00$65.00$60.00
ATM IV41.5%33.1%59.1%52.5%38.9%
Expected Move11.3%9.3%15.1%15.1%11.1%
HV 20d27.5%20.4%30.2%20.4%27.6%
HV 60d25.2%23.8%25.9%24.5%23.8%
IV Rank22.2%14.7%38.1%32.2%19.9%
IV Percentile68.6%40.1%94.0%90.9%63.9%
Term Structure-8.3%-16.4%1.2%-1.1%-16.4%
VWIV50.5%35.3%69.6%69.6%49.1%
Skew 25d13.8%1.6%30.5%13.4%1.6%
Skew 10d9.0%-20.4%33.1%-0.4%-19.2%
Call IV 25d38.2%31.1%69.3%69.3%41.3%
Put IV 25d52.0%39.1%82.8%82.8%42.9%
Bid-Ask Spread %102.6391.55110.94108.47106.13
Gamma HHI0.550.470.670.570.67
Net GEX27.1K13.2K55.3K22.1K55.3K
Net DEX-134.5K-537.8K150.7K-214.5K-537.8K
Net VEX-4.1K-4.7K-3.3K-4.1K-4.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.390.800.800.39
Total Volume182165197169197
Total OI468.714422525422488

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$60.55$65.0052.5%15.1%20.4%32.2%69.6%13.4%-1.1%22.1K-214.5K-4.1K0.80108.47N/AN/A9475285137
2022-05-03$60.78$65.0042.9%12.3%20.4%23.5%56.3%19.6%-3.1%23.9K-125.8K-3.9K0.6592.24N/AN/A11575289137
2022-05-04$61.95$65.0045.6%13.1%21.2%25.9%57.5%11.8%-2.4%32.1K-312.8K-4.5K0.6593.18N/AN/A11575310137
2022-05-05$59.04$60.0046.2%10.9%26.8%26.4%35.3%7.3%-7.0%21.7K-71.7K-4.0K0.65102.71N/AN/A11575310137
2022-05-06$57.57$60.0042.9%10.4%27.8%23.6%40.6%3.0%-4.9%16.3K116.3K-3.4K0.6597.21N/AN/A11575311137
2022-05-09$58.17$60.0059.1%11.8%28.3%38.1%48.0%20.0%-12.4%18.8K6.9K-3.7K0.65103.81N/AN/A11675311137
2022-05-10$57.78$60.0046.1%9.3%28.3%26.4%36.0%7.9%0.4%13.2K150.7K-3.3K0.6899.38N/AN/A11779310137
2022-05-11$56.91$60.0041.9%12.0%28.0%22.6%48.1%10.4%1.2%17.3K13.8K-3.7K0.68104.10N/AN/A11779311141
2022-05-12$58.00$60.0041.9%12.0%28.5%22.6%46.8%18.9%-12.9%17.8K42.3K-3.6K0.50107.77N/AN/A11759311141
2022-05-13$58.53$60.0039.9%11.5%29.0%20.9%51.2%16.2%-8.6%19.0K58.3K-3.6K0.50104.94N/AN/A11759311142
2022-05-16$58.21$60.0040.0%11.5%29.0%20.9%52.4%13.7%-9.0%19.4K59.9K-3.4K0.56104.81N/AN/A10659311142
2022-05-17$59.08$60.0039.4%11.3%29.1%20.4%61.6%30.5%-10.0%25.5K-80.6K-4.1K0.45104.93N/AN/A13059343142
2022-05-18$57.77$60.0039.9%11.4%29.2%20.8%57.3%14.1%-11.3%23.1K-57.2K-4.5K0.45105.86N/AN/A13059383142
2022-05-19$58.42$60.0039.5%11.3%29.6%20.4%48.9%14.6%-15.4%27.6K-156.3K-4.5K0.45110.94N/AN/A13059383122
2022-05-20$58.36$60.0041.1%11.8%29.5%21.9%46.9%9.9%-11.5%27.8K-179.8K-4.5K0.45108.28N/AN/A13059383122
2022-05-23$59.26$60.0033.8%9.7%30.2%15.3%49.5%15.2%-7.6%28.1K-143.4K-4.3K0.49102.66N/AN/A11355370118
2022-05-24$60.01$60.0039.4%11.3%28.8%20.3%62.4%26.6%-15.6%38.3K-334.9K-4.7K0.49104.67N/AN/A11355370118
2022-05-25$60.11$60.0033.7%9.7%28.8%15.2%47.9%14.1%-7.5%35.6K-248.0K-4.5K0.4996.64N/AN/A11355370118
2022-05-26$61.13$60.0033.5%9.6%28.9%15.0%43.3%8.2%-9.1%43.8K-399.0K-4.7K0.4991.55N/AN/A11355370118
2022-05-27$61.37$60.0033.1%9.5%28.2%14.7%52.2%13.3%-10.4%43.4K-410.7K-4.7K0.49105.00N/AN/A11355370118
2022-05-31$61.80$60.0038.9%11.1%27.6%19.9%49.1%1.6%-16.4%55.3K-537.8K-4.6K0.39106.13N/AN/A14255370118