CSGS Options History — January 2024

In January 2024, CSGS traded between $50.32 and $52.88. ATM implied volatility averaged 39.5%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 22.8% (HV 20d: 16.7%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 2.67.

Notable Days

  • 2024-01-02: Highest Volume — 157 contracts
  • 2024-01-04: Largest IV drop — 36.1% change
  • 2024-01-17: Highest IV Rank — 48.3%
  • 2024-01-17: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.80$50.32$52.88$52.88$50.32
Max Pain$54.52$50.00$55.00$50.00$55.00
ATM IV39.5%27.6%50.4%41.7%47.3%
Expected Move11.6%9.2%14.5%11.9%13.6%
HV 20d16.7%14.1%21.4%17.3%21.4%
HV 60d25.2%23.6%26.1%26.1%24.1%
IV Rank32.6%15.6%48.3%35.8%43.9%
IV Percentile70.7%37.7%88.1%76.6%85.7%
Term Structure-4.4%-19.2%13.3%-19.2%-9.6%
VWIV37.6%31.1%47.8%31.1%34.9%
Skew 25d6.3%-16.7%18.0%-16.7%4.8%
Skew 10d11.2%-19.2%41.2%-19.2%34.0%
Call IV 25d40.6%31.9%66.2%66.2%45.9%
Put IV 25d46.8%39.8%59.2%49.5%50.8%
Bid-Ask Spread %98.7477.77113.87113.8799.16
Gamma HHI0.480.280.770.330.30
Net GEX-22.9K-57.8K3.4K-19.4K-5.1K
Net DEX-112.0K-887.5K270.8K-425.4K196.6K
Net VEX-2.0K-3.7K-1.0K-3.7K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.670.0013.008.241.00
Total Volume16.714015715710
Total OI668.333324892832371

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$52.88$50.0041.7%11.9%17.3%35.8%31.1%-16.7%-19.2%-19.4K-425.4K-3.7K8.24113.87N/AN/A17140387445
2024-01-03$52.19$50.0047.8%13.7%17.8%44.5%0.0%14.3%-10.1%-44.2K-3.8K-3.4K0.00105.98N/AN/A048404473
2024-01-04$51.95$55.0030.6%9.3%16.5%19.8%0.0%-0.6%3.8%-33.5K-238.8K-3.1K0.0099.46N/AN/A00404449
2024-01-05$50.98$55.0027.6%9.2%14.2%15.6%41.6%5.5%13.3%-42.2K124.8K-3.2K0.2798.15N/AN/A113404449
2024-01-08$51.31$55.0033.3%11.3%14.1%23.8%0.0%4.1%-11.0%-44.1K42.5K-2.8K0.00105.30N/AN/A00415452
2024-01-09$50.78$55.0030.6%10.6%14.3%19.9%0.0%18.0%-14.6%-45.1K162.5K-2.8K0.00104.13N/AN/A00415452
2024-01-10$50.52$55.0038.0%10.9%14.3%30.4%31.9%8.9%-5.4%-51.3K270.8K-2.7K0.0093.93N/AN/A20415444
2024-01-11$51.26$55.0037.3%10.7%15.3%29.4%0.0%8.1%-4.7%-47.4K-76.5K-2.5K0.0092.79N/AN/A00417444
2024-01-12$52.38$55.0036.1%10.4%16.2%27.8%0.0%6.1%-1.6%-33.6K-521.9K-2.1K0.0095.50N/AN/A00417444
2024-01-16$51.52$55.0038.7%11.1%16.6%31.5%35.5%5.1%-3.1%-31.9K-106.4K-2.4K0.0092.01N/AN/A018417444
2024-01-17$51.38$55.0050.4%14.5%16.6%48.3%38.3%9.6%-7.2%-57.8K-315.3K-1.6K0.4399.46N/AN/A146417458
2024-01-18$52.06$55.0041.6%11.9%17.4%35.7%41.8%8.5%-8.2%-14.9K-815.0K-1.3K0.0088.24N/AN/A010429454
2024-01-19$52.05$55.0048.5%13.9%17.1%45.6%36.8%15.0%4.8%400-887.5K-1.3K0.13103.26N/AN/A81429463
2024-01-22$52.88$55.0036.3%10.4%17.8%28.0%0.0%7.9%-5.8%3.4K-20.8K-1.3K0.00101.71N/AN/A00218106
2024-01-23$52.44$55.0035.2%10.1%17.3%26.5%32.0%6.1%2.8%8026.1K-1.2K0.00101.10N/AN/A036218106
2024-01-24$52.46$55.0042.9%12.3%17.2%37.5%0.0%8.2%-6.8%-2.5K48.0K-1.3K0.00103.41N/AN/A00218132
2024-01-25$52.13$55.0037.7%10.8%17.3%30.1%0.0%-0.4%-0.1%-2.8K50.4K-1.2K0.0086.83N/AN/A00218132
2024-01-26$52.03$55.0039.6%11.3%17.2%32.8%47.8%10.8%1.5%-3.4K58.8K-1.2K13.0077.77N/AN/A113218132
2024-01-29$51.98$55.0042.7%12.2%17.2%37.2%41.8%0.8%-9.9%-6.2K106.2K-1.0K0.00103.03N/AN/A70218141
2024-01-30$52.20$55.0045.0%12.9%17.3%40.6%34.9%7.3%-1.8%-924-7.6K-1.3K1.00108.55N/AN/A33225141
2024-01-31$50.32$55.0047.3%13.6%21.4%43.9%0.0%4.8%-9.6%-5.1K196.6K-1.1K1.0099.16N/AN/A55227144