CSGS Options History — November 2023

In November 2023, CSGS traded between $46.61 and $51.61. ATM implied volatility averaged 32.0%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 5.8% (HV 20d: 26.2%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.01.

Notable Days

  • 2023-11-17: Highest Volume — 965 contracts
  • 2023-11-03: Largest IV spike — 72.5% change
  • 2023-11-01: Highest IV Rank — 86.0%
  • 2023-11-01: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.33$46.61$51.61$46.61$49.23
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV32.0%21.4%76.8%76.8%24.6%
Expected Move9.1%7.0%22.0%22.0%7.0%
HV 20d26.2%19.7%29.3%24.7%22.6%
HV 60d22.8%20.8%23.4%20.8%21.7%
IV Rank21.9%6.7%86.0%86.0%11.2%
IV Percentile43.1%8.3%98.8%98.8%25.4%
Term Structure-5.3%-28.0%3.9%-28.0%-4.3%
VWIV62.7%48.3%77.0%77.0%48.3%
Skew 25d24.8%-5.0%79.3%19.0%79.3%
Skew 10d54.5%-23.5%137.8%82.7%110.9%
Call IV 25d26.8%13.2%63.2%63.2%27.3%
Put IV 25d51.6%23.2%106.6%82.2%106.6%
Bid-Ask Spread %99.7075.22113.7175.22112.33
Gamma HHI0.540.320.800.320.69
Net GEX-102.3K-361.4K-12.2K-50.6K-18.0K
Net DEX456.8K-276.9K2.0M1.5M552.9K
Net VEX-4.2K-5.9K-2.0K-5.7K-4.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.002.000.002.00
Total Volume47.667096510
Total OI1,193.6671,0271,3011,3011,056

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$46.61$50.0076.8%22.0%24.7%86.0%77.0%19.0%-28.0%-50.6K1.5M-5.7K0.0075.22N/AN/A10520781
2023-11-02$48.09$50.0021.4%7.6%27.6%6.7%0.0%29.9%-6.8%-137.6K2.0M-4.4K0.00105.39N/AN/A00520781
2023-11-03$49.45$50.0037.0%8.7%29.3%29.0%48.3%16.1%-5.3%-101.8K895.7K-4.9K0.50102.05N/AN/A42520768
2023-11-06$50.30$50.0026.3%7.7%29.1%13.7%0.0%5.1%0.8%-159.3K838.6K-4.8K0.0091.02N/AN/A00523770
2023-11-07$50.77$50.0036.2%9.9%29.3%27.9%0.0%-3.7%-6.3%-100.9K712.6K-4.6K0.00101.37N/AN/A00523770
2023-11-08$50.48$50.0032.7%9.4%29.3%22.9%0.0%-1.1%-9.6%-154.5K721.9K-3.8K0.00105.68N/AN/A00523770
2023-11-09$49.62$50.0030.3%8.7%27.7%19.4%0.0%-5.0%0.9%-207.2K1.3M-4.2K0.00104.38N/AN/A00523770
2023-11-10$49.91$50.0025.9%7.4%27.8%13.2%0.0%13.1%3.9%-208.6K937.0K-3.5K0.00104.35N/AN/A00523770
2023-11-13$50.05$50.0035.5%10.2%27.5%26.8%0.0%1.5%-10.3%-197.4K897.8K-3.3K0.0094.60N/AN/A00523770
2023-11-14$51.16$50.0032.6%9.4%28.4%22.8%0.0%4.8%1.5%-361.4K175.6K-2.4K0.00101.67N/AN/A00523770
2023-11-15$51.39$50.0028.3%8.1%28.5%16.6%0.0%4.3%3.4%-133.1K-179.7K-2.0K0.0096.53N/AN/A00523770
2023-11-16$51.02$50.0025.8%7.4%28.0%13.0%0.0%6.0%1.4%-179.7K-122.1K-2.2K0.0096.56N/AN/A00523770
2023-11-17$50.86$50.0027.2%7.8%28.0%15.1%0.0%10.6%-1.2%-12.2K-276.9K-2.2K1.5395.38N/AN/A381584523770
2023-11-20$51.61$50.0031.8%9.1%26.0%21.6%0.0%55.5%-7.5%-14.5K-266.5K-5.9K0.0092.34N/AN/A00409618
2023-11-21$51.35$50.0026.3%7.5%26.1%13.7%0.0%49.1%-3.4%-18.1K-78.2K-5.1K0.00103.99N/AN/A00409618
2023-11-22$51.41$50.0029.0%8.3%24.7%17.6%0.0%57.3%-7.7%-15.4K-93.2K-5.0K0.00111.16N/AN/A00409618
2023-11-24$51.34$50.0028.6%8.2%24.6%17.1%0.0%63.6%-7.3%-18.1K-91.7K-4.9K0.00113.71N/AN/A00409618
2023-11-27$51.30$50.0031.7%9.1%19.7%21.4%0.0%18.6%-4.5%-31.8K-126.5K-4.8K0.0083.42N/AN/A00409618
2023-11-28$51.03$50.0034.1%9.8%19.9%24.9%0.0%24.9%-12.4%-13.2K6.3K-4.8K0.0090.90N/AN/A02409618
2023-11-29$49.96$50.0030.1%8.6%21.9%19.2%0.0%72.0%-7.6%-14.7K274.9K-5.2K2.00111.60N/AN/A918409620
2023-11-30$49.23$50.0024.6%7.0%22.6%11.2%0.0%79.3%-4.3%-18.0K552.9K-4.8K0.00112.33N/AN/A00418638