CSGS Options History — September 2022

In September 2022, CSGS traded between $52.56 and $66.94. ATM implied volatility averaged 47.6%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded below realized volatility by 80.3% (HV 20d: 127.9%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2022-09-16: Highest Volume — 288 contracts
  • 2022-09-15: Largest IV spike — 71.7% change
  • 2022-09-13: Highest IV Rank — 34.4%
  • 2022-09-15: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.60$52.56$66.94$57.34$53.17
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV47.6%25.1%87.3%60.4%46.7%
Expected Move11.2%7.2%23.0%17.3%13.4%
HV 20d127.9%94.3%169.2%168.6%94.8%
HV 60d109.6%102.9%115.5%103.3%115.1%
IV Rank14.5%4.1%34.4%21.3%12.8%
IV Percentile68.2%6.0%97.6%94.0%78.6%
Term Structure-5.1%-20.3%8.5%-13.0%-18.3%
Skew 25d2.9%-23.1%16.8%6.0%2.3%
Skew 10d-7.0%-28.1%33.9%-6.2%-28.1%
Call IV 25d47.1%25.1%77.4%50.2%77.4%
Put IV 25d50.0%24.8%79.7%56.2%79.7%
Bid-Ask Spread %120.35115.17124.67118.36119.08
Gamma HHI0.340.310.420.410.37
Net GEX4.1K-1.2K11.2K11.2K4.7K
Net DEX103.0K-616.1K211.3K56.4K25.8K
Net VEX-1.7K-2.8K-1.3K-2.5K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.240.290.290.24
Total Volume104.47602880209
Total OI266.048210319319210

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$57.34$65.0060.4%17.3%168.6%21.3%0.0%6.0%-13.0%11.2K56.4K-2.5K0.00118.36N/AN/A00215104
2022-09-02$56.72$65.0049.6%14.2%168.3%16.0%0.0%12.3%-20.3%5.9K139.0K-2.2K0.00117.52N/AN/A00215104
2022-09-06$56.27$0.0052.2%8.2%168.1%17.3%0.0%1.4%4.1%6.6K174.4K-2.0K0.29117.13N/AN/A22364215104
2022-09-07$55.77$0.0052.3%8.1%168.1%17.4%0.0%3.9%0.7%4.6K164.7K-2.0K0.29119.34N/AN/A22364215104
2022-09-08$55.64$0.0051.6%7.4%168.1%17.0%0.0%-0.4%3.6%1.4K211.3K-1.8K0.00116.90N/AN/A00215104
2022-09-09$56.68$0.0042.9%7.3%168.2%12.8%0.0%-23.1%-0.1%-1.2K199.3K-1.8K0.00123.58N/AN/A00215104
2022-09-12$57.10$0.0061.7%9.0%168.2%21.9%0.0%12.2%6.6%804170.4K-1.8K0.00115.17N/AN/A00215104
2022-09-13$55.39$0.0087.3%7.9%168.5%34.4%0.0%6.4%3.9%6.2K185.7K-1.7K0.29118.19N/AN/A22364215104
2022-09-14$57.80$0.0046.8%13.4%169.2%14.7%0.0%7.6%-10.9%8.5K45.4K-2.0K0.00118.91N/AN/A00215104
2022-09-15$66.94$0.0080.4%23.0%129.5%31.1%0.0%10.6%-5.5%6.4K-616.1K-2.8K0.00121.56N/AN/A00209104
2022-09-16$54.60$0.0034.0%9.7%94.8%8.4%0.0%-0.5%-2.6%2.9K206.3K-1.6K0.29119.89N/AN/A2246420987
2022-09-19$54.64$0.0027.8%8.0%94.6%5.4%0.0%-10.6%2.6%3.4K135.4K-1.4K0.00123.00N/AN/A0014467
2022-09-20$53.90$0.0025.1%7.2%94.7%4.1%0.0%5.3%8.5%3.2K125.9K-1.5K0.00121.65N/AN/A0014467
2022-09-21$54.27$0.0038.0%10.9%94.6%10.4%0.0%4.1%-6.1%3.3K142.1K-1.3K0.00123.45N/AN/A0014467
2022-09-22$53.95$0.0037.3%10.7%94.6%8.5%0.0%10.8%-8.2%2.5K154.0K-1.3K0.00122.58N/AN/A0014467
2022-09-23$53.61$0.0040.9%11.7%94.3%10.3%0.0%-14.9%-5.0%2.5K157.4K-1.3K0.00124.67N/AN/A0014467
2022-09-26$52.56$0.0042.9%12.3%94.3%11.3%0.0%-10.8%-15.3%3.2K122.0K-1.5K0.24118.62N/AN/A1684114467
2022-09-27$52.99$0.0039.8%11.4%94.3%9.7%0.0%9.7%-8.6%2.8K133.7K-1.4K0.24123.08N/AN/A1684114467
2022-09-28$54.32$0.0036.0%10.3%94.8%7.8%0.0%16.8%-8.9%4.3K95.5K-1.5K0.24122.03N/AN/A1684114466
2022-09-29$53.86$0.0045.2%13.0%94.8%12.4%0.0%11.0%-14.6%3.1K134.9K-1.3K0.24122.72N/AN/A1684114466
2022-09-30$53.17$0.0046.7%13.4%94.8%12.8%0.0%2.3%-18.3%4.7K25.8K-1.7K0.24119.08N/AN/A1684114466