CSGS Options History — December 2023

In December 2023, CSGS traded between $51.44 and $53.78. ATM implied volatility averaged 32.1%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 0.8% (HV 20d: 31.2%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 5.21.

Notable Days

  • 2023-12-20: Highest Volume — 43 contracts
  • 2023-12-07: Largest IV spike — 191.0% change
  • 2023-12-07: Highest IV Rank — 58.2%
  • 2023-12-01: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.90$51.44$53.78$52.74$53.25
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV32.1%19.7%57.3%41.0%33.0%
Expected Move8.3%6.4%11.8%11.8%9.5%
HV 20d31.2%29.7%32.2%31.2%29.7%
HV 60d26.4%25.9%26.7%26.0%26.1%
IV Rank22.0%4.3%58.2%34.8%23.4%
IV Percentile47.8%2.0%93.3%73.0%56.0%
Term Structure1.4%-33.2%15.2%-33.2%-2.3%
VWIV30.3%24.2%45.3%29.7%27.7%
Skew 25d0.5%-33.9%20.5%-33.9%9.4%
Skew 10d-2.1%-37.6%34.5%-37.6%22.9%
Call IV 25d32.7%21.7%76.0%76.0%33.8%
Put IV 25d33.2%26.7%45.9%42.1%43.2%
Bid-Ask Spread %100.1387.33112.89112.49105.36
Gamma HHI0.410.310.540.310.34
Net GEX-17.3K-25.8K-8.0K-21.8K-24.4K
Net DEX-454.6K-669.4K-74.9K-430.0K-516.5K
Net VEX-4.1K-5.0K-3.3K-5.0K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.210.0023.000.000.00
Total Volume9.104320
Total OI941.457721,0801,056832

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$52.74$50.0041.0%11.8%31.2%34.8%0.0%-33.9%-33.2%-21.8K-430.0K-5.0K0.00112.49N/AN/A02418638
2023-12-04$52.41$50.0031.9%7.3%30.2%21.8%29.7%1.8%12.2%-10.8K-445.4K-4.7K0.00105.14N/AN/A03418638
2023-12-05$51.44$50.0036.2%7.5%30.6%27.9%0.0%-5.6%15.2%-14.8K-151.6K-4.9K0.00100.86N/AN/A00418639
2023-12-06$52.94$50.0019.7%7.7%32.0%4.3%0.0%3.0%7.7%-11.9K-594.1K-4.8K0.0096.02N/AN/A20418639
2023-12-07$52.42$50.0057.3%7.7%32.2%58.2%0.0%-14.6%7.0%-8.0K-368.7K-4.7K0.00102.96N/AN/A00420639
2023-12-08$52.04$50.0037.5%7.7%31.6%29.8%28.7%-0.4%7.8%-14.2K-229.9K-4.6K23.0098.63N/AN/A123420639
2023-12-11$52.23$50.0038.2%7.8%31.6%30.8%0.0%-0.3%0.4%-18.4K-241.1K-4.6K0.0096.93N/AN/A00419661
2023-12-12$51.94$50.0026.3%7.6%31.7%13.7%25.7%3.6%13.0%-25.8K-74.9K-4.1K0.0094.37N/AN/A07394661
2023-12-13$52.77$50.0023.4%6.7%31.3%9.6%24.7%-5.8%3.8%-19.9K-446.6K-4.2K0.0099.59N/AN/A026394642
2023-12-14$53.37$50.0029.1%8.4%31.5%17.8%27.0%4.8%1.6%-17.5K-462.6K-3.8K0.00103.12N/AN/A07394652
2023-12-15$53.27$50.0022.2%6.4%31.3%7.8%37.0%12.7%3.5%-17.5K-594.0K-3.3K0.00104.94N/AN/A021394642
2023-12-18$52.99$50.0029.9%8.6%31.4%18.8%33.5%15.5%-0.6%-15.2K-291.6K-4.4K0.00112.89N/AN/A80368404
2023-12-19$53.36$50.0030.4%8.7%31.1%19.7%45.3%20.5%-6.6%-10.8K-549.8K-3.9K2.00105.06N/AN/A12376404
2023-12-20$52.84$50.0030.0%8.6%31.3%19.1%27.1%-16.9%-4.3%-14.1K-554.9K-3.7K0.00105.41N/AN/A043377404
2023-12-21$53.55$50.0024.0%6.9%31.5%10.4%24.2%3.8%11.4%-21.9K-627.0K-3.5K5.0088.45N/AN/A210377425
2023-12-22$53.76$50.0031.3%9.0%31.5%20.9%0.0%-10.2%6.3%-18.7K-601.1K-3.4K0.0096.42N/AN/A00379429
2023-12-26$53.78$50.0036.5%10.5%31.5%28.3%32.8%9.6%-9.2%-14.6K-669.4K-3.4K6.5093.46N/AN/A213379429
2023-12-27$53.48$50.0032.7%9.4%31.5%22.9%27.7%7.9%-10.3%-23.3K-581.6K-3.8K0.0093.20N/AN/A03381442
2023-12-28$53.41$50.0030.6%8.8%30.3%20.0%0.0%4.4%3.9%-22.8K-661.3K-3.3K0.0087.33N/AN/A60381445
2023-12-29$53.25$50.0033.0%9.5%29.7%23.4%0.0%9.4%-2.3%-24.4K-516.5K-3.5K0.00105.36N/AN/A00387445