CSGS Options History — January 2023

In January 2023, CSGS traded between $57.06 and $59.77. ATM implied volatility averaged 38.9%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 18.2% (HV 20d: 20.7%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.11.

Notable Days

  • 2023-01-20: Highest Volume — 20 contracts
  • 2023-01-13: Largest IV spike — 79.5% change
  • 2023-01-10: Highest IV Rank — 21.4%
  • 2023-01-04: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.31$57.06$59.77$58.41$59.77
Max Pain$51.25$50.00$55.00$50.00$50.00
ATM IV38.9%19.7%63.9%47.8%38.9%
Expected Move10.1%5.6%13.8%13.7%11.2%
HV 20d20.7%17.1%27.4%27.4%18.3%
HV 60d28.0%26.0%29.4%29.2%26.0%
IV Rank9.3%0.0%21.4%13.4%9.5%
IV Percentile48.3%0.0%96.0%83.3%54.0%
Term Structure-6.7%-22.6%15.0%-15.9%-10.2%
VWIV39.5%22.3%61.1%34.7%36.3%
Skew 25d9.1%-6.3%32.7%2.1%5.8%
Skew 10d7.3%-34.0%45.4%5.7%16.2%
Call IV 25d39.8%18.4%70.0%67.1%37.5%
Put IV 25d48.8%29.3%71.2%69.2%43.3%
Bid-Ask Spread %105.8068.30124.05117.1168.30
Gamma HHI0.560.320.770.560.32
Net GEX-2.7K-4.3K-586-2.8K-586
Net DEX2.4K-36.4K15.6K11.8K-36.4K
Net VEX-402-499-357-384-453
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.000.000.09
Total Volume3.3020012
Total OI54.843804380

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$58.41$50.0047.8%13.7%27.4%13.4%0.0%2.1%-15.9%-2.8K11.8K-3840.00117.11N/AN/A001231
2023-01-04$58.48$50.0048.2%13.8%22.4%13.6%0.0%1.3%-22.6%-2.7K6.7K-3630.00124.05N/AN/A401231
2023-01-05$58.66$55.0050.9%9.5%21.4%14.9%0.0%3.0%-6.3%-2.6K2.0K-3750.00117.51N/AN/A001331
2023-01-06$59.13$55.0054.0%9.7%21.1%16.5%0.0%0.8%-4.2%-2.5K-1.1K-3700.00120.80N/AN/A001331
2023-01-09$57.77$55.0056.0%10.5%22.8%17.5%0.0%10.1%-14.2%-2.7K6.3K-3650.00116.31N/AN/A001331
2023-01-10$57.06$55.0063.9%12.9%23.0%21.4%0.0%22.2%-21.7%-2.8K10.4K-3600.00117.49N/AN/A001331
2023-01-11$57.41$55.0037.6%10.8%21.4%8.3%34.7%13.2%-1.2%-3.0K11.2K-3600.00120.04N/AN/A801331
2023-01-12$57.90$50.0019.8%5.7%21.6%0.0%0.0%-6.3%3.7%-2.9K11.9K-3720.00107.56N/AN/A001331
2023-01-13$58.59$50.0035.6%10.2%20.2%7.8%0.0%27.7%-7.5%-2.5K8.5K-3730.00120.52N/AN/A201331
2023-01-17$58.28$50.0036.2%10.4%19.7%8.1%0.0%0.3%-7.6%-2.7K-6.7K-3570.00121.54N/AN/A201531
2023-01-18$58.23$50.0037.3%10.7%18.9%8.6%0.0%32.7%-7.7%-3.3K5.6K-3630.00118.36N/AN/A001531
2023-01-19$57.17$50.0036.2%10.4%20.2%8.1%0.0%5.6%-4.6%-2.7K15.6K-3780.0087.03N/AN/A001531
2023-01-20$57.83$50.0032.2%9.2%20.5%6.1%0.0%5.9%-4.5%-3.0K7.1K-3620.0086.66N/AN/A0201531
2023-01-23$58.23$50.0029.8%8.6%20.4%5.0%22.3%20.7%-10.4%-4.3K13.5K-4580.00117.87N/AN/A501550
2023-01-24$58.19$50.0019.7%5.6%20.3%0.0%61.1%15.8%15.0%-3.3K9.7K-4660.00113.96N/AN/A402050
2023-01-25$58.64$50.0020.7%5.9%19.6%0.5%0.0%6.7%7.9%-2.6K-865-4371.00108.00N/AN/A112450
2023-01-26$59.22$50.0034.1%9.8%19.6%7.1%43.1%5.4%-6.1%-2.1K-10.2K-4650.0079.58N/AN/A302550
2023-01-27$58.74$50.0042.4%12.2%18.2%11.3%0.0%1.4%-10.2%-2.0K-9.4K-4990.0077.43N/AN/A002750
2023-01-30$58.58$50.0036.5%10.5%17.1%8.3%36.3%6.9%-6.4%-2.1K-7.1K-4790.0075.82N/AN/A402750
2023-01-31$59.77$50.0038.9%11.2%18.3%9.5%0.0%5.8%-10.2%-586-36.4K-4530.0968.30N/AN/A1113050