CSV Options History — March 2019

In March 2019, CSV traded between $18.89 and $21.56. ATM implied volatility averaged 28.7%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.5% (HV 20d: 27.2%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.13.

Notable Days

2019-03-22: Highest Volume — 54 contracts
2019-03-12: Largest IV drop — 42.2% change
2019-03-11: Highest IV Rank — 57.6%
2019-03-08: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.06	$18.89	$21.56	$21.38	$19.16
Max Pain	$18.86	$17.50	$20.00	$20.00	$17.50
ATM IV	28.7%	16.2%	49.0%	16.2%	29.3%
Expected Move	8.8%	4.6%	11.3%	4.6%	9.5%
HV 20d	27.2%	24.6%	29.7%	25.6%	24.6%
HV 60d	35.5%	34.1%	37.2%	37.2%	34.6%
IV Rank	26.3%	6.9%	57.6%	6.9%	27.2%
IV Percentile	55.3%	2.8%	98.4%	2.8%	60.7%
Term Structure	3.7%	-3.0%	9.9%	9.9%	0.1%
VWIV	23.3%	23.3%	23.3%	23.3%	23.3%
Skew 25d	0.1%	-8.9%	6.2%	1.7%	-5.9%
Skew 10d	-0.1%	-17.0%	13.4%	2.9%	-5.1%
Call IV 25d	25.9%	15.4%	35.9%	15.4%	34.3%
Put IV 25d	26.0%	17.0%	35.4%	17.0%	28.3%
Bid-Ask Spread %	84.76	69.51	104.27	76.05	104.27
Gamma HHI	0.43	0.32	0.66	0.62	0.34
Net GEX	9.8K	7.2K	16.0K	14.2K	8.8K
Net DEX	-266.4K	-423.3K	-180.4K	-398.4K	-229.3K
Net VEX	-725	-878	-553	-779	-867
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.13	0.00	0.43	0.00	0.32
Total Volume	17.048	0	54	6	25
Total OI	442.048	395	481	446	475

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 Vol	Put Vol	Call OI	Put OI
2019-03-01	$21.38	$20.00	16.2%	4.6%	25.6%	6.9%	23.3%	1.7%	9.9%	14.2K	-398.4K	-779	0.00	76.05	6	0	337	109
2019-03-04	$21.40	$20.00	20.4%	5.8%	25.4%	13.4%	0.0%	3.2%	4.3%	14.6K	-403.4K	-765	0.00	76.99	7	0	336	109
2019-03-05	$21.56	$20.00	24.5%	7.0%	25.4%	19.7%	0.0%	1.6%	3.1%	16.0K	-423.3K	-777	0.00	80.30	7	0	339	109
2019-03-06	$20.74	$20.00	29.7%	8.5%	29.7%	27.8%	0.0%	2.6%	-3.0%	11.1K	-338.3K	-774	0.00	87.57	12	0	339	109
2019-03-07	$20.61	$20.00	29.4%	8.4%	28.8%	27.4%	0.0%	6.2%	4.8%	10.5K	-321.2K	-698	0.00	90.05	13	0	339	109
2019-03-08	$20.96	$20.00	39.4%	11.3%	28.9%	42.8%	0.0%	4.2%	-1.1%	12.1K	-346.1K	-716	0.00	93.13	33	0	336	109
2019-03-11	$20.81	$17.50	49.0%	8.2%	26.5%	57.6%	0.0%	-1.7%	6.2%	12.0K	-305.1K	-698	0.00	92.63	0	0	319	109
2019-03-12	$20.40	$17.50	28.3%	8.3%	28.0%	25.7%	0.0%	-0.4%	1.1%	9.5K	-256.4K	-655	0.00	78.29	0	0	319	109
2019-03-13	$20.15	$17.50	27.2%	8.5%	27.3%	23.9%	0.0%	3.8%	2.3%	8.7K	-230.9K	-645	0.00	71.12	0	0	319	109
2019-03-14	$20.01	$17.50	26.8%	8.6%	27.5%	23.4%	0.0%	2.0%	2.9%	8.3K	-217.2K	-615	0.00	76.55	0	0	319	109
2019-03-15	$19.70	$17.50	25.1%	8.4%	27.9%	20.7%	0.0%	0.2%	4.3%	7.3K	-186.9K	-553	0.36	69.51	14	5	319	109
2019-03-18	$20.01	$0.00	27.6%	10.5%	27.9%	24.6%	0.0%	3.8%	7.4%	8.1K	-223.4K	-604	0.00	90.79	13	0	289	106
2019-03-19	$20.11	$0.00	27.7%	9.3%	27.8%	24.7%	0.0%	4.6%	4.8%	8.5K	-235.8K	-634	0.00	79.48	13	0	302	106
2019-03-20	$19.53	$0.00	29.9%	10.1%	28.7%	28.1%	0.0%	-3.0%	4.5%	7.6K	-200.6K	-589	0.00	97.68	33	0	302	106
2019-03-21	$19.56	$0.00	28.2%	9.3%	28.2%	25.4%	0.0%	-6.4%	3.9%	7.6K	-213.7K	-690	0.00	85.27	33	0	322	106
2019-03-22	$18.89	$0.00	25.3%	9.7%	27.4%	21.0%	0.0%	-1.5%	3.9%	7.2K	-180.4K	-731	0.00	91.23	54	0	332	106
2019-03-25	$18.99	$0.00	30.5%	10.6%	26.4%	29.0%	0.0%	1.4%	7.4%	7.9K	-205.4K	-833	0.43	92.65	14	6	372	101
2019-03-26	$19.06	$0.00	30.4%	9.7%	26.5%	28.8%	0.0%	2.6%	2.9%	8.4K	-227.8K	-878	0.43	82.68	14	6	380	101
2019-03-27	$19.15	$0.00	29.7%	9.7%	26.4%	27.8%	0.0%	-8.9%	3.7%	8.4K	-233.7K	-873	0.32	81.79	19	6	380	101
2019-03-28	$19.15	$0.00	28.2%	9.6%	26.3%	25.5%	0.0%	-8.7%	4.9%	8.1K	-216.9K	-844	0.32	81.96	19	6	375	101
2019-03-29	$19.16	$0.00	29.3%	9.5%	24.6%	27.2%	0.0%	-5.9%	0.1%	8.8K	-229.3K	-867	0.32	104.27	19	6	374	101