CSGS Options History — September 2024

In September 2024, CSGS traded between $45.33 and $48.56. ATM implied volatility averaged 52.9%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 31.5% (HV 20d: 21.4%). Max pain ranged from $25.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 3.64.

Notable Days

  • 2024-09-20: Highest Volume — 36 contracts
  • 2024-09-11: Largest IV drop — 47.8% change
  • 2024-09-10: Highest IV Rank — 52.2%
  • 2024-09-04: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.20$45.33$48.56$47.86$48.56
Max Pain$40.50$25.00$50.00$45.00$50.00
ATM IV52.9%37.9%81.9%57.3%55.3%
Expected Move13.4%10.9%18.1%16.4%15.9%
HV 20d21.4%14.0%35.1%34.6%21.7%
HV 60d28.6%28.2%29.2%28.3%29.2%
IV Rank27.9%15.5%52.2%31.6%30.0%
IV Percentile66.1%36.5%96.4%81.0%76.6%
Term Structure-13.9%-34.5%-2.5%-34.5%-27.5%
VWIV40.7%24.0%50.6%44.5%41.4%
Skew 25d5.9%-20.8%41.9%-17.8%41.9%
Skew 10d1.9%-67.4%58.5%-67.4%58.2%
Call IV 25d51.1%37.6%86.0%81.9%38.5%
Put IV 25d57.1%26.2%80.4%64.2%80.4%
Bid-Ask Spread %125.64105.46130.95105.46127.82
Gamma HHI0.530.370.740.580.61
Net GEX-11.5K-16.3K-8.0K-8.0K-13.0K
Net DEX197.2K77.3K296.6K77.3K164.6K
Net VEX-1.7K-1.8K-1.5K-1.7K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.640.0017.006.000.25
Total Volume5.0503675
Total OI267.85205302270217

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$47.86$45.0057.3%16.4%34.6%31.6%44.5%-17.8%-34.5%-8.0K77.3K-1.7K6.00105.46N/AN/A1690180
2024-09-04$47.15$45.0063.1%18.1%35.1%36.4%0.0%-20.8%-12.4%-8.2K125.1K-1.8K0.00123.22N/AN/A0191186
2024-09-05$46.96$25.0065.5%11.2%34.2%38.4%43.2%9.9%-10.7%-8.5K134.4K-1.7K9.00127.89N/AN/A21891186
2024-09-06$46.80$25.0065.1%11.3%14.0%38.2%0.0%-6.0%-2.5%-13.4K209.6K-1.7K0.00129.30N/AN/A0093203
2024-09-09$45.64$25.0077.5%12.5%16.5%48.5%0.0%-20.4%-8.3%-12.2K252.4K-1.7K4.00128.44N/AN/A1493203
2024-09-10$45.80$25.0081.9%12.3%16.6%52.2%0.0%-20.0%-8.0%-13.8K260.9K-1.7K0.00129.93N/AN/A0094206
2024-09-11$45.33$25.0042.7%12.3%16.9%19.5%0.0%13.3%-8.3%-13.6K296.6K-1.6K0.00130.37N/AN/A2094206
2024-09-12$45.91$25.0043.8%12.5%17.6%20.3%0.0%-4.3%-14.3%-15.0K258.8K-1.6K0.00129.53N/AN/A0296206
2024-09-13$46.84$45.0044.4%12.7%18.7%20.9%0.0%-3.9%-12.8%-14.9K263.0K-1.6K0.00128.16N/AN/A0083208
2024-09-16$47.52$45.0039.6%11.4%19.4%16.9%0.0%3.6%-9.4%-12.5K221.0K-1.6K0.33123.12N/AN/A3183208
2024-09-17$48.33$45.0042.6%12.2%20.3%19.4%0.0%-2.4%-14.1%-10.9K175.7K-1.6K0.00123.02N/AN/A0086208
2024-09-18$48.01$45.0042.9%12.3%20.5%19.6%50.6%1.8%-17.1%-9.7K167.0K-1.6K0.50129.80N/AN/A2186208
2024-09-19$48.20$45.0043.6%12.5%19.5%20.2%0.0%1.7%-15.0%-9.8K162.3K-1.6K0.00130.95N/AN/A0288209
2024-09-20$47.86$45.0037.9%10.9%19.7%15.5%24.0%3.3%-11.9%-8.3K221.3K-1.5K17.00120.48N/AN/A23488210
2024-09-23$47.23$50.0050.0%14.3%19.8%25.5%0.0%27.3%-5.3%-10.1K181.5K-1.6K1.00122.67N/AN/A1137168
2024-09-24$47.28$50.0051.0%14.6%19.1%26.3%0.0%28.3%-5.6%-10.0K177.5K-1.6K0.00129.03N/AN/A0838168
2024-09-25$46.73$50.0051.7%14.8%19.5%27.0%41.4%36.3%-9.0%-11.5K218.8K-1.7K1.00122.97N/AN/A1138176
2024-09-26$48.02$50.0050.6%14.5%21.8%26.0%0.0%25.9%-25.2%-16.3K191.7K-1.6K1.00123.58N/AN/A1138177
2024-09-27$47.97$50.0050.6%14.5%21.7%26.1%0.0%20.8%-26.8%-11.1K183.8K-1.7K0.00127.03N/AN/A0039178
2024-09-30$48.56$50.0055.3%15.9%21.7%30.0%0.0%41.9%-27.5%-13.0K164.6K-1.6K0.25127.82N/AN/A4139178