CSGS Options History — May 2023

In May 2023, CSGS traded between $47.78 and $52.52. ATM implied volatility averaged 27.2%, placing in the 3.7% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.2% (HV 20d: 22.0%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-04: Highest Volume — 121 contracts
  • 2023-05-30: Largest IV spike — 124.6% change
  • 2023-05-30: Highest IV Rank — 15.2%
  • 2023-05-30: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.42$47.78$52.52$52.52$47.88
Max Pain$50.68$50.00$55.00$55.00$50.00
ATM IV27.2%20.5%50.4%31.1%20.5%
Expected Move7.9%5.9%14.5%8.9%5.9%
HV 20d22.0%15.8%23.7%15.8%22.3%
HV 60d23.3%21.7%24.0%21.7%23.4%
IV Rank3.7%0.4%15.2%5.6%0.4%
IV Percentile22.1%0.8%89.3%29.4%0.8%
Term Structure-2.0%-40.2%5.2%-4.0%0.1%
VWIV33.1%29.5%44.5%44.5%29.5%
Skew 25d4.5%-43.9%23.8%7.4%4.8%
Skew 10d14.2%-12.5%34.7%17.4%6.2%
Call IV 25d26.2%17.0%62.6%30.2%22.4%
Put IV 25d30.7%18.7%44.2%37.6%27.3%
Bid-Ask Spread %69.9227.02117.2579.41101.34
Gamma HHI0.450.340.560.340.53
Net GEX-26.1K-30.8K-12.3K-12.3K-30.3K
Net DEX373.4K170.2K462.1K170.2K414.2K
Net VEX-2.8K-3.3K-1.6K-1.6K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume7.182012100
Total OI388.636295418295396

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$52.52$55.0031.1%8.9%15.8%5.6%0.0%7.4%-4.0%-12.3K170.2K-1.6K0.0079.41N/AN/A0028267
2023-05-02$51.30$55.0038.8%11.1%17.6%9.4%0.0%8.2%-6.9%-13.9K230.2K-1.9K0.0065.23N/AN/A0028267
2023-05-03$51.38$55.0039.8%11.4%17.6%9.9%44.5%8.8%-7.3%-13.8K227.5K-1.9K0.0081.52N/AN/A02028267
2023-05-04$49.52$50.0025.7%7.6%21.4%3.0%0.0%6.6%1.6%-21.1K294.9K-2.0K0.0052.87N/AN/A012128287
2023-05-05$49.78$50.0023.6%7.3%20.8%1.9%31.5%6.7%2.0%-27.2K408.1K-3.2K0.0090.12N/AN/A0228385
2023-05-08$48.70$50.0021.5%7.1%21.7%0.9%0.0%8.6%2.5%-30.8K462.1K-3.2K0.0036.52N/AN/A3028387
2023-05-09$49.11$50.0022.8%7.2%22.2%1.5%32.6%10.2%2.3%-29.9K432.4K-3.3K0.0033.30N/AN/A1031386
2023-05-10$49.80$50.0024.3%7.0%23.2%2.3%32.6%5.6%2.2%-28.0K378.8K-3.1K0.0071.45N/AN/A1032386
2023-05-11$48.98$50.0023.9%6.8%22.6%2.1%29.8%9.4%3.6%-30.0K432.7K-3.3K0.0033.59N/AN/A0132386
2023-05-12$49.82$50.0024.0%6.9%23.7%2.1%0.0%10.9%3.3%-29.0K377.3K-3.1K0.0040.42N/AN/A0032386
2023-05-15$49.32$50.0023.2%6.6%23.4%1.7%0.0%8.9%3.9%-30.1K407.1K-3.1K0.0046.76N/AN/A0032386
2023-05-16$49.30$50.0023.8%6.8%23.3%2.1%31.0%9.3%3.2%-30.0K408.6K-3.1K0.0041.92N/AN/A0132386
2023-05-17$49.06$50.0022.7%6.5%23.1%1.5%0.0%7.8%3.9%-30.2K411.7K-3.1K0.0060.06N/AN/A0032386
2023-05-18$49.05$50.0022.3%6.4%23.1%1.3%0.0%8.0%1.2%-30.2K416.8K-3.1K0.0027.02N/AN/A0032386
2023-05-19$49.35$50.0045.5%13.0%23.3%12.8%0.0%-33.2%-22.4%-25.3K449.2K-3.2K0.00117.25N/AN/A6032386
2023-05-22$49.48$50.0022.5%6.4%23.4%1.4%29.5%7.1%0.2%-26.2K361.4K-3.0K0.0095.21N/AN/A0130364
2023-05-23$49.59$50.0022.4%6.4%22.9%1.4%0.0%23.8%5.2%-24.3K299.6K-2.6K0.00100.80N/AN/A0030364
2023-05-24$49.28$50.0024.5%7.0%22.9%2.4%0.0%8.2%-0.8%-26.3K374.1K-3.0K0.0083.71N/AN/A0030364
2023-05-25$47.88$50.0022.9%6.6%23.0%1.6%0.0%8.2%1.4%-28.7K444.2K-3.1K0.0084.08N/AN/A0030364
2023-05-26$48.34$50.0022.5%6.4%23.2%1.4%0.0%7.1%-0.0%-28.4K417.2K-3.1K0.0082.99N/AN/A0030364
2023-05-30$47.78$50.0050.4%14.5%23.3%15.2%0.0%-43.9%-40.2%-27.9K396.9K-2.8K0.00112.69N/AN/A1031364
2023-05-31$47.88$50.0020.5%5.9%22.3%0.4%0.0%4.8%0.1%-30.3K414.2K-3.0K0.00101.34N/AN/A0032364