CSGS Options History — March 2025

In March 2025, CSGS traded between $59.50 and $64.31. ATM implied volatility averaged 46.1%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 21.5% (HV 20d: 24.7%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.84.

Notable Days

  • 2025-03-10: Highest Volume — 14 contracts
  • 2025-03-10: Largest IV spike — 85.3% change
  • 2025-03-10: Highest IV Rank — 45.4%
  • 2025-03-10: Largest Expected Move — 21.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.50$59.50$64.31$64.06$60.38
Max Pain$58.85$55.00$60.00$60.00$55.00
ATM IV46.1%33.3%76.0%49.2%54.4%
Expected Move14.1%10.1%21.8%14.1%12.7%
HV 20d24.7%19.6%32.5%32.5%23.1%
HV 60d26.8%25.9%28.0%27.1%26.6%
IV Rank19.5%8.1%45.4%22.3%26.4%
IV Percentile43.3%8.3%92.9%52.8%69.8%
Term Structure-1.8%-9.6%20.9%-4.8%-9.5%
VWIV69.7%29.3%102.9%64.8%44.4%
Skew 25d6.6%-12.6%29.1%-12.6%24.8%
Skew 10d7.6%-18.1%36.3%-18.1%3.9%
Call IV 25d48.2%29.1%70.0%70.0%44.1%
Put IV 25d54.7%43.9%68.9%57.3%68.9%
Bid-Ask Spread %118.02112.39123.40112.68117.45
Gamma HHI0.380.250.980.300.45
Net GEX-13.0K-292.2K6.6K3.7K5.9K
Net DEX-107.6K-198.2K-15.4K-198.2K-138.5K
Net VEX-744-980-535-920-627
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.008.001.000.00
Total Volume4.3810141014
Total OI212.1435627525584

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$64.06$60.0049.2%14.1%32.5%22.3%64.8%-12.6%-4.8%3.7K-198.2K-9201.00112.68N/AN/A5589166
2025-03-04$64.31$60.0050.1%14.4%32.3%23.1%0.0%-5.6%-7.3%2.9K-198.2K-9311.00120.54N/AN/A1193173
2025-03-05$63.92$60.0052.9%15.2%31.9%25.5%0.0%-3.3%-5.0%1.9K-175.6K-9800.00119.68N/AN/A0093173
2025-03-06$63.15$60.0051.2%14.7%32.1%24.1%0.0%-0.1%-6.5%717-148.1K-9070.00116.13N/AN/A1093173
2025-03-07$64.13$60.0041.0%11.8%19.6%15.3%29.3%-0.0%-4.0%2.1K-186.0K-8620.00120.72N/AN/A0294173
2025-03-10$62.27$60.0076.0%21.8%21.8%45.4%81.9%0.4%-9.6%452-115.6K-9091.80118.40N/AN/A5994174
2025-03-11$61.05$60.0044.8%17.9%22.3%18.5%59.1%3.2%-0.1%-3.1K-63.9K-8321.00122.01N/AN/A1195174
2025-03-12$60.70$60.0045.8%16.7%22.2%19.4%102.9%-0.1%-1.0%-4.7K-56.2K-8031.00120.56N/AN/A1197174
2025-03-13$59.64$60.0046.8%20.9%22.9%20.2%72.8%0.2%-0.4%-3.2K-29.2K-8110.00121.36N/AN/A0198175
2025-03-14$59.97$60.0041.6%21.5%22.7%15.8%102.3%1.0%-4.8%-3.3K-32.1K-7730.00123.40N/AN/A2098175
2025-03-17$61.52$55.0038.2%10.1%24.6%12.8%0.0%-0.8%-4.0%-2.0K-103.3K-7330.00112.39N/AN/A1099175
2025-03-18$61.26$55.0038.6%10.6%24.5%12.8%0.0%23.4%-1.0%-2.9K-76.4K-6940.00114.19N/AN/A10100175
2025-03-19$60.47$55.0041.9%10.2%24.6%15.6%0.0%2.7%-7.0%-3.8K-16.2K-6660.00114.77N/AN/A0094175
2025-03-20$60.33$0.0040.7%11.7%24.5%14.6%0.0%2.7%7.0%-3.0K-18.9K-6040.00117.57N/AN/A5094175
2025-03-21$60.02$0.0033.3%11.7%24.0%8.1%0.0%2.4%20.9%-292.2K-15.4K-5430.50118.11N/AN/A2199175
2025-03-24$61.05$0.0044.1%11.6%23.3%17.5%0.0%4.0%2.0%4.0K-116.6K-5350.00117.21N/AN/A70479
2025-03-25$61.19$0.0042.3%11.8%22.8%15.9%0.0%12.4%1.4%4.8K-130.9K-6160.00118.70N/AN/A110539
2025-03-26$61.62$0.0044.6%12.0%22.9%17.9%0.0%26.9%-0.1%6.3K-145.8K-6220.00118.65N/AN/A30619
2025-03-27$60.98$0.0045.6%11.9%20.9%18.8%0.0%27.7%-2.7%6.6K-153.1K-6370.00117.67N/AN/A20649
2025-03-28$59.50$0.0046.0%12.4%22.2%19.1%0.0%29.1%-0.9%6.4K-140.7K-6248.00116.24N/AN/A18669
2025-03-31$60.38$0.0054.4%12.7%23.1%26.4%44.4%24.8%-9.5%5.9K-138.5K-6270.00117.45N/AN/A1406717