CSGS Options History — March 2024

In March 2024, CSGS traded between $50.35 and $54.63. ATM implied volatility averaged 48.6%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 17.7% (HV 20d: 30.9%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 30.23.

Notable Days

  • 2024-03-14: Highest Volume — 316 contracts
  • 2024-03-13: Largest IV drop — 80.9% change
  • 2024-03-11: Highest IV Rank — 100.0%
  • 2024-03-27: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.07$50.35$54.63$54.63$51.69
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV48.6%23.3%122.3%36.7%34.8%
Expected Move9.4%6.7%13.2%10.5%10.0%
HV 20d30.9%16.3%61.2%61.2%19.6%
HV 60d38.2%37.7%38.8%38.3%38.8%
IV Rank36.9%6.3%100.0%28.7%17.1%
IV Percentile66.8%16.7%100.0%63.5%53.2%
Term Structure-4.5%-20.9%17.4%-13.3%-0.6%
VWIV27.4%23.2%31.7%27.3%23.2%
Skew 25d6.8%-21.0%46.5%-1.6%19.5%
Skew 10d10.4%-16.4%51.9%-14.4%10.2%
Call IV 25d36.5%18.1%55.1%40.1%30.2%
Put IV 25d43.4%25.9%72.5%38.5%49.6%
Bid-Ask Spread %118.45112.14126.58114.92121.53
Gamma HHI0.640.270.960.320.94
Net GEX-55.8K-142.9K7.5K4.9K-128.5K
Net DEX499.6K-123.6K1.3M-121.1K900.1K
Net VEX-2.2K-3.6K-804-875-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio30.230.00157.000.000.00
Total Volume49.2031620
Total OI574.82951,071295582

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$54.63$50.0036.7%10.5%61.2%28.7%0.0%-1.6%-13.3%4.9K-121.1K-8750.00114.92N/AN/A2020392
2024-03-04$54.05$50.0063.3%7.6%58.2%66.8%27.3%0.4%-1.7%7.5K-123.6K-9680.00113.29N/AN/A191020492
2024-03-05$53.31$50.0054.8%8.3%56.2%54.5%0.0%-15.0%-2.7%4.7K-92.0K-94153.50116.15N/AN/A210739492
2024-03-06$53.28$50.0067.9%9.2%56.2%73.3%0.0%-8.2%-11.6%4.5K-89.6K-1.0K1.13119.72N/AN/A93105396198
2024-03-07$53.35$50.0056.8%8.4%56.1%57.5%0.0%8.7%-7.1%1.4K-79.8K-8820.00114.23N/AN/A00391192
2024-03-08$53.18$50.0060.6%9.1%26.8%62.9%0.0%-4.9%-7.9%1.9K-74.4K-8870.00112.14N/AN/A10391192
2024-03-11$53.94$50.00105.0%9.0%27.2%100.0%0.0%12.3%-5.1%4.4K-104.1K-8640.00112.29N/AN/A00392192
2024-03-12$53.36$50.00122.3%8.8%26.4%100.0%0.0%14.9%-9.9%2.2K-81.8K-8250.00115.81N/AN/A00392192
2024-03-13$52.03$50.0023.3%6.7%22.8%6.3%31.7%-14.2%17.4%975-39.7K-8040.00113.37N/AN/A0141392192
2024-03-14$50.77$50.0025.7%7.4%24.0%8.5%23.2%17.7%-5.6%-39.5K326.5K-1.6K157.00112.29N/AN/A2314380333
2024-03-15$50.45$50.0036.8%10.5%23.5%19.0%0.0%-21.0%-6.8%-142.9K1.3M-3.6K0.00119.60N/AN/A10379692
2024-03-18$50.78$50.0032.5%9.3%23.7%14.9%0.0%15.2%-10.9%-103.4K1.1M-3.6K0.00120.33N/AN/A01035522
2024-03-19$51.02$50.0031.0%8.9%22.5%13.6%0.0%16.5%-1.4%-86.0K1.0M-3.6K0.00123.38N/AN/A0035532
2024-03-20$51.55$50.0040.5%11.6%21.8%22.6%0.0%8.8%3.9%-82.6K910.7K-3.5K0.00121.36N/AN/A0035532
2024-03-21$51.34$50.0030.1%8.6%21.6%12.7%0.0%19.6%-0.9%-122.8K972.9K-3.4K0.00125.23N/AN/A0035532
2024-03-22$50.84$50.0036.9%10.6%18.7%19.1%0.0%-8.3%-20.9%-110.7K1.1M-3.4K0.00119.95N/AN/A0035532
2024-03-25$51.02$50.0035.5%10.2%18.7%17.8%0.0%20.4%1.4%-131.6K889.1K-3.2K0.00126.58N/AN/A0035532
2024-03-26$50.44$50.0031.7%9.1%16.3%14.2%0.0%9.3%-3.1%-127.4K1.1M-3.2K0.00120.39N/AN/A01535532
2024-03-27$50.35$50.0046.1%13.2%16.3%27.8%0.0%46.5%-3.9%-72.6K1.1M-3.2K0.00126.55N/AN/A0035547
2024-03-28$51.69$50.0034.8%10.0%19.6%17.1%0.0%19.5%-0.6%-128.5K900.1K-3.0K0.00121.53N/AN/A0035547