CSGS Options History — May 2024

In May 2024, CSGS traded between $41.70 and $46.12. ATM implied volatility averaged 58.7%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 15.4% (HV 20d: 43.3%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 1.44.

Notable Days

  • 2024-05-22: Highest Volume — 45 contracts
  • 2024-05-09: Largest IV spike — 156.1% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-03: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.65$41.70$46.12$46.12$42.98
Max Pain$41.14$40.00$50.00$45.00$40.00
ATM IV58.7%32.3%139.3%48.1%57.0%
Expected Move13.1%8.0%17.4%13.8%16.3%
HV 20d43.3%23.7%47.5%23.7%26.9%
HV 60d32.8%31.0%42.7%37.4%31.2%
IV Rank36.7%14.7%100.0%29.8%32.8%
IV Percentile83.0%39.3%100.0%81.3%89.3%
Term Structure-11.4%-23.8%1.8%-7.6%-20.4%
VWIV45.5%35.6%56.6%43.7%35.6%
Skew 25d2.9%-33.6%60.5%26.1%7.0%
Skew 10d6.1%-59.0%49.9%49.4%14.0%
Call IV 25d55.8%17.0%80.4%48.1%77.9%
Put IV 25d58.8%22.7%85.5%74.2%84.8%
Bid-Ask Spread %120.8597.29126.8097.29123.97
Gamma HHI0.500.360.650.600.42
Net GEX-8.4K-11.1K-6.0K-8.2K-9.9K
Net DEX291.3K216.9K397.0K216.9K295.4K
Net VEX-2.0K-2.1K-1.7K-2.0K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.006.501.530.00
Total Volume7.864045431
Total OI240.682191273191273

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$46.12$45.0048.1%13.8%23.7%29.8%43.7%26.1%-7.6%-8.2K216.9K-2.0K1.5397.29N/AN/A172651140
2024-05-02$41.70$50.0059.6%17.1%41.7%40.6%56.6%4.0%-7.4%-8.6K397.0K-1.8K0.00119.91N/AN/A02866164
2024-05-03$41.80$50.0060.6%17.4%41.7%41.6%55.2%60.5%1.8%-9.7K386.1K-1.7K0.63123.16N/AN/A8566158
2024-05-06$42.69$40.0045.9%8.4%42.4%27.7%0.0%-13.8%-7.0%-9.2K341.0K-1.9K0.00120.17N/AN/A2074158
2024-05-07$41.94$40.0074.3%8.0%41.9%54.5%0.0%13.8%-4.8%-8.7K328.7K-1.8K0.00113.77N/AN/A16076150
2024-05-08$41.70$40.0032.3%9.5%41.3%14.7%0.0%-10.2%-3.8%-8.9K311.4K-2.0K0.00124.78N/AN/A0192150
2024-05-09$43.45$40.0082.6%9.1%44.8%62.4%0.0%-7.6%-9.4%-8.5K273.1K-2.1K0.00117.12N/AN/A0092151
2024-05-10$41.94$40.0064.4%12.2%46.0%45.1%0.0%7.7%-4.5%-8.5K323.5K-1.9K0.00124.48N/AN/A0092151
2024-05-13$43.14$40.0086.7%8.6%47.5%66.2%0.0%3.9%-1.7%-7.5K252.7K-2.1K0.00118.69N/AN/A0092151
2024-05-14$43.20$40.00139.3%11.8%47.4%100.0%0.0%10.7%-17.7%-7.2K247.3K-2.1K0.00122.11N/AN/A0092151
2024-05-15$43.35$40.0043.1%12.4%47.1%21.5%0.0%18.6%-21.1%-6.7K241.9K-2.1K0.00124.50N/AN/A0092151
2024-05-16$42.88$40.0043.6%12.5%47.0%22.0%0.0%2.1%-13.8%-6.3K242.5K-2.0K0.00122.39N/AN/A0092151
2024-05-17$42.71$40.0043.7%12.5%46.7%22.0%36.5%-14.6%-16.9%-6.4K310.5K-1.9K0.00121.50N/AN/A0192151
2024-05-20$42.83$40.0043.7%12.5%46.5%22.0%0.0%-0.1%-5.9%-6.0K229.7K-1.9K0.00122.40N/AN/A0074130
2024-05-21$41.88$40.0050.2%14.4%46.5%27.3%0.0%2.4%-10.4%-6.3K241.1K-1.9K6.50125.72N/AN/A21374131
2024-05-22$41.95$40.0051.0%14.6%46.3%27.9%0.0%-24.1%-12.1%-7.6K271.0K-1.9K0.00121.00N/AN/A04576144
2024-05-23$42.03$40.0054.0%15.5%45.5%30.4%0.0%2.4%-13.0%-9.9K287.6K-2.1K0.00126.80N/AN/A0076189
2024-05-24$41.91$40.0049.4%14.2%45.5%26.6%0.0%2.3%-6.9%-9.2K287.4K-1.9K0.00123.64N/AN/A0676189
2024-05-28$42.56$40.0053.2%15.2%46.1%29.7%35.6%-33.6%-22.1%-10.9K311.8K-2.0K0.00121.43N/AN/A0276195
2024-05-29$42.74$40.0054.4%15.6%46.2%30.7%0.0%4.2%-22.8%-11.1K309.3K-2.1K0.00122.12N/AN/A0076197
2024-05-30$42.80$40.0054.4%15.6%45.1%30.7%0.0%2.1%-23.8%-10.2K303.8K-2.1K0.00121.78N/AN/A0076197
2024-05-31$42.98$40.0057.0%16.3%26.9%32.8%0.0%7.0%-20.4%-9.9K295.4K-2.0K0.00123.97N/AN/A1076197