CSGS Options History — July 2023

In July 2023, CSGS traded between $51.30 and $53.27. ATM implied volatility averaged 33.7%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 14.8% (HV 20d: 18.9%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-12: Highest Volume — 5 contracts
  • 2023-07-25: Largest IV spike — 31.9% change
  • 2023-07-18: Highest IV Rank — 14.3%
  • 2023-07-18: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.18$51.30$53.27$52.41$51.48
Max Pain$45.50$45.00$50.00$50.00$45.00
ATM IV33.7%16.7%46.0%16.7%39.1%
Expected Move9.9%4.8%13.2%4.8%11.2%
HV 20d18.9%12.7%26.1%26.1%12.7%
HV 60d23.1%22.4%23.7%23.7%22.6%
IV Rank8.3%0.0%14.3%0.0%10.9%
IV Percentile51.8%0.0%85.7%0.0%71.8%
Term Structure-2.5%-20.2%14.8%14.8%-3.7%
VWIV24.0%24.0%24.0%24.0%24.0%
Skew 25d10.1%-13.8%35.9%11.6%-13.8%
Skew 10d15.3%-13.0%54.0%6.0%-4.5%
Call IV 25d36.9%11.3%69.3%11.3%69.3%
Put IV 25d47.0%22.8%74.8%22.8%55.5%
Bid-Ask Spread %108.6163.23125.5695.25115.73
Gamma HHI0.550.450.710.510.64
Net GEX-14.3K-18.7K-7.4K-13.5K-13.1K
Net DEX117.7K13.8K166.9K126.2K70.9K
Net VEX-1.7K-2.0K-1.1K-1.9K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.30500
Total OI375.3373378373375

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$52.41$50.0016.7%4.8%26.1%0.0%0.0%11.6%14.8%-13.5K126.2K-1.9K0.0095.25N/AN/A0029344
2023-07-05$52.16$50.0018.4%5.3%23.9%0.8%0.0%11.1%13.2%-12.7K109.4K-1.7K0.00111.59N/AN/A0029344
2023-07-06$51.66$45.0022.2%8.3%23.7%2.7%0.0%6.8%-2.2%-16.0K166.5K-2.0K0.0081.33N/AN/A0029344
2023-07-07$51.74$45.0021.8%8.4%23.5%2.5%0.0%7.5%-3.9%-14.7K145.3K-1.9K0.0069.58N/AN/A0029344
2023-07-10$51.87$45.0023.5%8.7%22.6%3.3%0.0%6.7%-3.7%-15.4K159.0K-2.0K0.0063.23N/AN/A0029344
2023-07-11$51.76$45.0029.7%7.1%22.7%6.3%0.0%-3.0%2.8%-14.7K155.0K-2.0K0.0096.84N/AN/A0029344
2023-07-12$51.97$45.0037.2%10.7%22.1%10.0%24.0%8.8%-7.9%-15.5K137.4K-1.8K0.00108.00N/AN/A5029344
2023-07-13$52.16$45.0030.7%8.8%22.0%6.8%0.0%15.0%5.4%-15.7K139.3K-1.9K0.00101.02N/AN/A0034344
2023-07-14$52.33$45.0033.6%9.6%19.5%8.3%0.0%4.0%-1.2%-12.7K98.5K-1.6K0.00118.13N/AN/A0034344
2023-07-17$51.96$45.0041.0%11.7%19.2%11.8%0.0%0.1%-3.8%-15.1K123.9K-1.8K0.00122.91N/AN/A0034344
2023-07-18$52.06$45.0046.0%13.2%19.2%14.3%0.0%35.9%-8.5%-14.8K85.6K-1.5K0.00123.48N/AN/A0034344
2023-07-19$52.48$45.0044.3%12.7%19.3%13.5%0.0%6.7%-5.4%-18.7K154.2K-1.9K0.00123.63N/AN/A0034344
2023-07-20$52.41$45.0044.0%12.6%15.5%13.3%0.0%13.3%6.6%-16.9K141.0K-1.9K0.00118.31N/AN/A0034344
2023-07-21$52.81$45.0035.6%10.2%14.1%9.2%0.0%24.6%-6.2%-12.4K116.4K-1.7K0.00111.81N/AN/A0034344
2023-07-24$53.06$45.0030.6%8.8%14.2%6.8%0.0%10.0%-20.2%-9.7K97.6K-1.6K0.00119.55N/AN/A1032342
2023-07-25$53.27$45.0040.4%11.6%14.2%11.6%0.0%-5.8%-1.5%-14.7K37.1K-1.3K0.00122.01N/AN/A0033342
2023-07-26$53.02$45.0040.9%11.7%14.1%11.8%0.0%11.5%-19.4%-7.4K13.8K-1.1K0.00125.56N/AN/A0033342
2023-07-27$51.62$45.0036.7%10.5%16.3%9.8%0.0%21.6%-9.7%-17.4K166.9K-1.7K0.00120.82N/AN/A0033342
2023-07-28$51.30$45.0041.8%12.0%12.8%12.2%0.0%29.6%3.4%-15.2K110.9K-1.6K0.00123.40N/AN/A0033342
2023-07-31$51.48$45.0039.1%11.2%12.7%10.9%0.0%-13.8%-3.7%-13.1K70.9K-1.2K0.00115.73N/AN/A0033342