CSGS Options History — December 2024

In December 2024, CSGS traded between $50.84 and $55.78. ATM implied volatility averaged 44.6%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 20.7% (HV 20d: 23.9%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.17.

Notable Days

2024-12-30: Highest Volume — 3 contracts
2024-12-09: Largest IV spike — 77.2% change
2024-12-10: Highest IV Rank — 39.9%
2024-12-31: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.07	$50.84	$55.78	$55.78	$51.04
Max Pain	$45.00	$45.00	$45.00	$45.00	$45.00
ATM IV	44.6%	25.5%	67.2%	50.0%	55.0%
Expected Move	11.4%	7.1%	15.8%	14.3%	15.8%
HV 20d	23.9%	16.6%	37.7%	36.9%	23.9%
HV 60d	27.7%	26.9%	29.0%	27.2%	28.2%
IV Rank	21.1%	5.1%	39.9%	25.6%	29.7%
IV Percentile	47.1%	5.2%	88.9%	63.9%	73.8%
Term Structure	-8.5%	-31.9%	5.2%	-24.9%	-14.5%
VWIV	30.4%	20.8%	50.3%	26.3%	50.3%
Skew 25d	18.8%	-6.7%	63.3%	4.6%	32.7%
Skew 10d	33.9%	-19.2%	138.1%	73.9%	74.2%
Call IV 25d	37.6%	20.2%	51.0%	28.7%	45.8%
Put IV 25d	56.4%	33.3%	107.4%	33.3%	78.5%
Bid-Ask Spread %	122.21	115.66	127.02	125.98	124.61
Gamma HHI	0.37	0.28	0.55	0.55	0.35
Net GEX	-3.5K	-14.4K	6.0K	6.0K	-4.6K
Net DEX	-149.1K	-303.6K	71.3K	-302.9K	-22.1K
Net VEX	-500	-914	-209	-217	-624
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	1.00	0.00	0.00
Total Volume	0.571	0	3	1	1
Total OI	364.571	245	419	415	246

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$55.78	$45.00	50.0%	14.3%	36.9%	25.6%	0.0%	4.6%	-24.9%	6.0K	-302.9K	-217	0.00	125.98	N/A	N/A	1	0	71	344
2024-12-03	$54.77	$45.00	52.2%	15.0%	37.7%	27.3%	0.0%	50.2%	-31.9%	-1.3K	-234.7K	-547	0.00	122.30	N/A	N/A	0	0	71	344
2024-12-04	$55.45	$45.00	52.7%	15.1%	37.2%	27.8%	0.0%	33.0%	-25.4%	4.6K	-303.6K	-209	0.00	127.02	N/A	N/A	0	0	71	344
2024-12-05	$54.99	$45.00	41.4%	7.1%	33.6%	18.4%	0.0%	28.9%	0.5%	4.6K	-283.9K	-314	0.00	123.56	N/A	N/A	0	0	71	344
2024-12-06	$54.12	$45.00	36.9%	7.5%	16.6%	14.6%	26.3%	-0.2%	5.2%	2.9K	-244.6K	-455	1.00	121.67	N/A	N/A	1	1	71	344
2024-12-09	$54.11	$45.00	65.4%	8.4%	16.6%	38.4%	0.0%	2.1%	-1.9%	-2.0K	-235.5K	-483	0.00	119.33	N/A	N/A	0	0	72	345
2024-12-10	$53.58	$45.00	67.2%	7.2%	16.8%	39.9%	0.0%	0.5%	-6.6%	-6.0K	-197.5K	-541	0.00	120.40	N/A	N/A	0	0	72	345
2024-12-11	$54.50	$45.00	25.5%	7.3%	17.9%	5.1%	0.0%	-4.7%	-3.2%	-4.3K	-252.7K	-429	0.00	122.85	N/A	N/A	0	0	72	345
2024-12-12	$54.66	$45.00	29.6%	8.5%	17.8%	8.6%	29.8%	3.2%	-3.2%	-4.1K	-247.1K	-424	0.00	122.13	N/A	N/A	2	0	72	345
2024-12-13	$53.65	$45.00	29.1%	8.3%	17.3%	8.1%	0.0%	5.5%	1.6%	-4.3K	-211.2K	-559	0.00	120.34	N/A	N/A	0	0	74	345
2024-12-16	$53.75	$45.00	30.6%	8.8%	17.3%	9.3%	0.0%	4.7%	-1.1%	-4.1K	-218.8K	-499	0.00	120.78	N/A	N/A	0	0	74	345
2024-12-17	$53.44	$45.00	28.5%	8.2%	17.2%	7.6%	24.7%	25.8%	4.0%	-6.1K	-182.8K	-497	0.00	117.51	N/A	N/A	2	0	74	345
2024-12-18	$50.84	$45.00	42.0%	12.0%	24.5%	18.9%	0.0%	24.3%	-1.0%	-14.4K	71.3K	-914	0.00	123.73	N/A	N/A	0	0	50	345
2024-12-19	$51.56	$45.00	42.1%	12.1%	25.0%	19.0%	0.0%	28.4%	-3.6%	-11.7K	8.4K	-718	0.00	124.47	N/A	N/A	0	0	50	345
2024-12-20	$51.59	$45.00	43.9%	12.6%	24.2%	20.4%	0.0%	63.3%	-14.0%	-7.3K	-43.5K	-507	0.00	123.64	N/A	N/A	0	0	50	345
2024-12-23	$51.14	$45.00	45.8%	13.1%	23.9%	22.0%	20.8%	28.3%	-8.9%	-4.2K	-35.1K	-577	0.00	123.93	N/A	N/A	1	0	34	211
2024-12-24	$51.50	$45.00	46.3%	13.3%	24.2%	22.4%	0.0%	4.2%	-4.3%	-4.4K	-52.2K	-492	0.00	121.82	N/A	N/A	0	0	34	211
2024-12-26	$51.89	$45.00	48.0%	13.8%	24.5%	23.9%	0.0%	36.2%	-7.9%	-3.2K	-64.6K	-467	0.00	115.66	N/A	N/A	0	0	34	211
2024-12-27	$51.11	$45.00	50.8%	14.6%	24.9%	26.2%	0.0%	-6.7%	-24.2%	-5.1K	-40.4K	-548	0.00	124.13	N/A	N/A	0	0	34	211
2024-12-30	$50.93	$45.00	54.1%	15.5%	24.7%	29.0%	50.3%	30.3%	-13.3%	-4.6K	-37.2K	-486	0.00	120.60	N/A	N/A	3	0	34	211
2024-12-31	$51.04	$45.00	55.0%	15.8%	23.9%	29.7%	0.0%	32.7%	-14.5%	-4.6K	-22.1K	-624	0.00	124.61	N/A	N/A	0	1	35	211