CSGS Options History — May 2025 In May 2025, CSGS traded between $60.02 and $66.25. ATM implied volatility averaged 49.1%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 15.7% (HV 20d: 33.4%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.55.
Notable Days 2025-05-08 : Highest Volume — 64 contracts2025-05-14 : Largest IV drop — 59.4% change2025-05-05 : Highest IV Rank — 47.5%2025-05-02 : Largest Expected Move — 18.3%Monthly Statistics Metric Avg Min Max Open Close Price $64.00 $60.02 $66.25 $60.36 $66.18 Max Pain $55.48 $55.00 $60.00 $60.00 $55.00 ATM IV 49.1% 29.0% 78.7% 60.0% 50.8% Expected Move 10.7% 8.0% 18.3% 17.2% 14.6% HV 20d 33.4% 29.5% 42.5% 42.5% 31.7% HV 60d 32.7% 29.8% 33.5% 33.3% 33.3% IV Rank 22.4% 4.5% 47.5% 31.3% 26.1% IV Percentile 43.7% 2.0% 94.4% 76.2% 58.7% Term Structure -10.4% -30.5% -1.2% -22.3% -26.5% VWIV 43.4% 30.6% 65.8% 60.2% 35.9% Skew 25d 2.2% -15.3% 26.0% 7.9% -0.7% Skew 10d 3.7% -34.5% 35.3% 30.0% 2.3% Call IV 25d 37.5% 16.3% 66.1% 66.1% 37.5% Put IV 25d 39.8% 17.9% 76.7% 74.1% 36.8% Bid-Ask Spread % 118.85 114.20 122.52 114.20 116.32 Gamma HHI 0.45 0.37 0.73 0.42 0.41 Net GEX 13.9K 9.3K 23.1K 12.0K 10.9K Net DEX -314.2K -524.1K -189.9K -232.7K -275.8K Net VEX -565 -687 -463 -657 -527 Div Yield 0.0% 0.0% 0.0% 0.0% 0.0% P/C Ratio 0.55 0.00 6.00 0.00 6.00 Total Volume 9.143 0 64 7 7 Total OI 101.81 69 135 102 81
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 2025-05-01 $60.36 $60.00 60.0% 17.2% 42.5% 31.3% 60.2% 7.9% -22.3% 12.0K -232.7K -657 0.00 114.20 N/A N/A 7 0 96 6 2025-05-02 $60.02 $60.00 63.7% 18.3% 41.3% 34.5% 65.8% 11.1% -25.4% 13.2K -260.7K -667 0.00 119.27 N/A N/A 3 0 104 6 2025-05-05 $61.14 $55.00 78.7% 10.8% 39.9% 47.5% 0.0% 4.5% -1.9% 13.3K -298.5K -662 0.00 117.07 N/A N/A 7 0 107 6 2025-05-06 $60.45 $55.00 68.3% 10.8% 40.3% 38.5% 0.0% 1.5% -7.8% 17.0K -292.8K -675 0.00 115.63 N/A N/A 10 0 116 6 2025-05-07 $61.20 $55.00 78.5% 10.7% 38.5% 47.4% 38.5% 3.6% -7.7% 17.5K -387.7K -687 0.00 119.43 N/A N/A 0 1 126 6 2025-05-08 $65.28 $55.00 47.7% 8.5% 34.9% 20.6% 0.0% 5.8% -1.3% 18.7K -524.1K -646 0.00 119.90 N/A N/A 64 0 128 7 2025-05-09 $64.17 $55.00 69.7% 9.8% 30.3% 39.7% 39.6% -0.8% -13.2% 15.1K -393.9K -612 0.06 114.68 N/A N/A 16 1 110 7 2025-05-12 $66.25 $55.00 64.9% 8.9% 31.7% 35.5% 30.6% 0.9% -2.5% 17.1K -517.3K -550 0.00 117.62 N/A N/A 29 0 120 8 2025-05-13 $65.74 $55.00 71.5% 8.0% 31.0% 41.3% 31.3% 1.0% -1.2% 16.2K -408.5K -515 2.67 119.52 N/A N/A 3 8 104 8 2025-05-14 $65.11 $55.00 29.0% 8.3% 31.3% 4.5% 31.0% -10.1% -4.1% 14.8K -364.6K -533 0.00 121.22 N/A N/A 6 0 104 16 2025-05-15 $65.22 $55.00 29.7% 8.5% 31.3% 5.0% 0.0% 7.5% -3.8% 15.7K -408.4K -518 0.00 121.61 N/A N/A 0 0 110 16 2025-05-16 $65.37 $55.00 30.2% 8.7% 31.3% 5.5% 0.0% 26.0% -4.4% 23.1K -452.3K -502 0.00 122.52 N/A N/A 3 0 111 16 2025-05-19 $64.65 $55.00 32.1% 9.2% 30.1% 8.0% 0.0% -3.2% -8.0% 10.1K -190.2K -463 0.00 119.61 N/A N/A 0 0 62 7 2025-05-20 $64.56 $55.00 31.9% 9.2% 29.5% 7.8% 0.0% 8.5% -9.7% 9.3K -189.9K -472 0.00 122.36 N/A N/A 10 0 62 7 2025-05-21 $63.95 $55.00 33.2% 9.5% 29.9% 9.1% 0.0% 22.3% -9.2% 11.2K -216.8K -551 0.00 119.60 N/A N/A 0 0 72 7 2025-05-22 $63.64 $55.00 33.4% 9.6% 29.8% 9.3% 61.1% -4.3% -11.4% 10.8K -209.7K -551 0.00 116.52 N/A N/A 4 0 72 7 2025-05-23 $63.64 $55.00 36.2% 10.4% 29.9% 11.9% 0.0% 4.3% -11.8% 11.0K -205.6K -531 0.00 119.09 N/A N/A 0 0 72 7 2025-05-27 $65.99 $55.00 35.1% 10.1% 32.0% 10.9% 33.3% -9.3% -6.8% 12.8K -261.2K -505 0.00 122.44 N/A N/A 8 0 72 7 2025-05-28 $65.47 $55.00 37.6% 10.8% 31.8% 13.3% 37.0% -15.3% -8.2% 12.3K -251.0K -505 0.00 122.12 N/A N/A 4 0 72 7 2025-05-29 $65.55 $55.00 48.1% 13.8% 31.6% 23.5% 57.0% -14.2% -30.5% 10.1K -257.0K -533 0.00 115.14 N/A N/A 1 0 73 7 2025-05-30 $66.18 $55.00 50.8% 14.6% 31.7% 26.1% 35.9% -0.7% -26.5% 10.9K -275.8K -527 6.00 116.32 N/A N/A 1 6 74 7
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