CSGS Options History — August 2023

In August 2023, CSGS traded between $51.51 and $59.38. ATM implied volatility averaged 42.3%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 7.8% (HV 20d: 50.1%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-08-15: Highest Volume — 31 contracts
  • 2023-08-09: Largest IV drop — 37.3% change
  • 2023-08-24: Highest IV Rank — 40.6%
  • 2023-08-02: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.57$51.51$59.38$51.51$54.45
Max Pain$52.17$45.00$55.00$45.00$55.00
ATM IV42.3%30.9%59.9%41.8%41.2%
Expected Move11.0%7.8%15.1%12.0%11.8%
HV 20d50.1%12.4%55.7%12.4%32.3%
HV 60d34.7%21.3%36.8%21.3%34.9%
IV Rank21.8%6.9%40.6%12.2%34.8%
IV Percentile73.0%44.0%95.2%77.8%74.2%
Term Structure-13.1%-24.3%-1.5%-1.5%-12.8%
VWIV32.7%19.2%49.5%37.1%19.2%
Skew 25d-3.5%-39.1%27.1%-6.4%-7.6%
Skew 10d-7.2%-43.5%45.1%2.2%-30.3%
Call IV 25d40.7%21.4%72.9%72.9%34.7%
Put IV 25d37.2%21.0%66.5%66.5%27.1%
Bid-Ask Spread %118.0099.88123.53118.02120.64
Gamma HHI0.520.420.700.520.50
Net GEX-10.1K-16.2K-703-16.2K-12.3K
Net DEX73.2K-114.7K169.8K164.8K110.2K
Net VEX-1.1K-1.8K-622-1.8K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.000.500.500.00
Total Volume3.65203100
Total OI388.957375426375376

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$51.51$45.0041.8%12.0%12.4%12.2%0.0%-6.4%-1.5%-16.2K164.8K-1.8K0.00118.02N/AN/A0033342
2023-08-02$52.62$45.0052.7%15.1%14.6%17.6%0.0%18.9%-24.3%-9.8K40.4K-1.2K0.00104.55N/AN/A0133342
2023-08-03$59.38$50.0051.1%8.8%44.8%16.8%37.1%2.4%-7.3%-703-114.7K-6220.5099.88N/AN/A201035343
2023-08-04$54.70$50.0056.1%10.4%54.9%19.2%27.1%-4.3%-22.2%-9.9K62.6K-1.3K0.00119.82N/AN/A0439353
2023-08-07$54.67$50.0059.9%7.8%54.9%21.1%0.0%2.3%-6.9%-7.0K10.0K-9200.00112.98N/AN/A0139354
2023-08-08$54.66$50.0050.8%8.7%54.9%16.6%0.0%20.3%-9.9%-9.5K57.1K-1.2K0.00118.09N/AN/A0039355
2023-08-09$54.95$50.0031.9%9.1%54.9%7.4%0.0%-9.3%-10.2%-5.0K53.5K-1.1K0.00114.30N/AN/A0239355
2023-08-10$54.97$50.0033.4%9.6%54.9%8.1%0.0%-2.0%-7.0%-8.4K70.6K-1.2K0.00118.34N/AN/A0039353
2023-08-11$55.88$50.0035.4%10.2%55.1%9.1%0.0%21.5%-1.5%-10.3K24.6K-9650.00116.55N/AN/A10039353
2023-08-14$55.17$50.0034.4%9.9%55.3%8.6%0.0%7.1%-5.7%-1.6K9.8K-1.1K0.00120.18N/AN/A0049353
2023-08-15$54.50$50.0033.0%9.5%55.5%7.9%30.4%8.4%-7.3%-2.5K20.6K-1.1K0.00112.68N/AN/A03149353
2023-08-16$54.45$55.0030.9%8.9%55.5%6.9%49.5%24.6%-8.6%-12.0K113.4K-1.4K0.00117.91N/AN/A0349374
2023-08-17$53.85$55.0039.2%11.2%55.7%11.0%0.0%27.1%-16.8%-13.7K130.9K-1.4K0.00121.87N/AN/A0049377
2023-08-18$53.67$55.0040.8%11.7%55.7%11.7%0.0%-34.2%-16.5%-15.0K169.8K-1.3K0.00123.47N/AN/A0049377
2023-08-21$53.60$55.0042.4%12.1%55.6%36.3%0.0%-17.8%-13.9%-12.4K132.6K-1.2K0.00118.84N/AN/A0027348
2023-08-22$54.00$55.0041.3%11.8%55.7%34.8%19.2%-37.3%-16.4%-14.0K109.5K-1.1K0.00122.65N/AN/A0227348
2023-08-23$53.97$55.0042.6%12.2%55.7%36.7%0.0%-39.1%-20.0%-14.0K124.8K-1.2K0.00122.91N/AN/A0027349
2023-08-24$54.45$55.0045.4%13.0%54.7%40.6%0.0%-4.8%-19.1%-13.3K89.8K-1.1K0.00123.53N/AN/A0027349
2023-08-25$54.70$55.0043.5%12.5%54.6%37.9%0.0%-5.2%-24.2%-12.4K89.6K-1.1K0.00122.70N/AN/A0027349
2023-08-28$55.05$55.0042.7%12.2%54.7%36.9%0.0%-32.1%-10.5%-11.8K74.1K-9770.00123.00N/AN/A0027349
2023-08-29$54.52$55.0038.7%11.1%54.8%31.2%0.0%-16.6%-22.0%-9.9K83.2K-9870.00122.65N/AN/A0027349
2023-08-30$55.30$55.0043.5%12.5%54.6%38.0%0.0%3.4%-15.6%-9.7K55.3K-8510.00118.42N/AN/A0027349
2023-08-31$54.45$55.0041.2%11.8%32.3%34.8%0.0%-7.6%-12.8%-12.3K110.2K-1.1K0.00120.64N/AN/A0027349