CSV Options History — May 2019

In May 2019, CSV traded between $17.34 and $20.59. ATM implied volatility averaged 31.0%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 1.5% (HV 20d: 32.5%). Max pain ranged from $17.50 to $25.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 20.99.

Notable Days

  • 2019-05-02: Highest Volume — 797 contracts
  • 2019-05-13: Largest IV spike — 38.3% change
  • 2019-05-01: Highest IV Rank — 86.1%
  • 2019-05-01: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.23$17.34$20.59$17.34$18.43
Max Pain$18.52$17.50$25.00$25.00$17.50
ATM IV31.0%18.1%67.5%67.5%38.1%
Expected Move9.3%7.5%19.4%19.4%10.9%
HV 20d32.5%28.9%35.8%31.9%30.0%
HV 60d28.2%26.8%29.1%27.9%28.6%
IV Rank29.7%9.9%86.1%86.1%40.7%
IV Percentile51.5%3.6%99.6%99.6%84.5%
Term Structure-1.5%-26.6%7.5%-26.6%7.5%
VWIV38.6%27.1%79.4%79.4%42.8%
Skew 25d5.9%-8.0%13.4%3.2%-1.8%
Skew 10d8.4%-7.5%22.1%11.1%-6.0%
Call IV 25d27.6%16.7%49.3%49.3%43.2%
Put IV 25d33.5%23.9%52.5%52.5%41.4%
Bid-Ask Spread %86.2272.09105.9588.0488.59
Gamma HHI0.530.330.860.520.36
Net GEX-11.6K-45.9K7.6K-17.7K5.8K
Net DEX952.2K-171.5K3.2M2.3M-66.1K
Net VEX-948-1.3K-759-1.3K-783
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.990.00150.0074.600.05
Total Volume178.773079737821
Total OI1,015.1362872,2451,769307

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$17.34$25.0067.5%19.4%31.9%86.1%79.4%3.2%-26.6%-17.7K2.3M-1.3K74.6088.0453731961,573
2019-05-02$17.83$25.0042.0%12.0%33.8%46.7%42.0%-3.0%-8.8%-34.4K3.2M-1.3K60.31105.95137842002,045
2019-05-03$18.27$25.0035.6%10.2%35.0%36.8%29.8%2.1%-9.8%-27.3K2.2M-1.2K45.3182.61135892041,524
2019-05-06$18.62$17.5033.2%9.7%35.8%33.2%0.0%4.7%-0.5%-21.1K2.0M-1.3K0.0078.38013021,512
2019-05-07$18.69$17.5027.1%10.0%35.8%23.7%33.0%3.2%-0.9%-12.2K2.0M-1.1K2.7491.891103013021,511
2019-05-08$18.84$17.5030.6%7.5%34.9%29.1%35.3%7.0%4.6%-23.9K1.8M-1.0K2.6894.071133032141,301
2019-05-09$19.23$17.5019.7%8.4%35.5%12.3%35.6%6.1%-0.5%-19.5K1.7M-94613.8688.85141942111,302
2019-05-10$19.36$17.5018.1%8.4%35.1%9.9%0.0%9.7%-0.9%-25.3K1.4M-9560.0084.51002121,122
2019-05-13$19.32$17.5025.1%8.9%34.0%20.6%33.6%12.0%-1.0%-23.6K1.4M-931150.0085.3623002121,122
2019-05-14$19.41$17.5024.4%8.1%34.0%19.6%27.1%12.0%1.2%-26.1K1.1M-88220.2287.7718364212950
2019-05-15$19.61$17.5027.8%8.0%33.4%24.8%34.9%11.0%1.3%-45.9K1.0M-8720.2089.0351212950
2019-05-16$19.62$17.5027.7%7.9%33.2%24.6%35.1%11.0%0.5%-45.4K1.0M-8822.9191.6435102217951
2019-05-17$19.55$17.5028.4%8.1%33.0%25.8%34.8%11.3%0.6%5.9K912.0K-8214.9187.9435172246857
2019-05-20$19.63$17.5029.3%8.4%29.0%27.2%0.0%11.5%0.5%6.0K-111.4K-8170.0072.0911021077
2019-05-21$20.29$17.5026.6%7.6%30.8%23.0%0.0%13.4%1.5%7.3K-150.9K-8600.0086.0311022077
2019-05-22$20.27$17.5027.0%7.7%30.0%23.6%0.0%5.7%2.6%7.2K-156.5K-8490.0081.0811022077
2019-05-23$20.11$17.5028.2%8.1%28.9%25.4%0.0%3.4%0.8%7.2K-142.0K-8260.0074.7911022077
2019-05-24$20.59$17.5027.2%7.8%29.4%23.9%0.0%9.3%0.4%7.6K-171.5K-8440.0080.3511022077
2019-05-28$19.77$17.5029.2%8.4%33.1%27.0%0.0%2.3%1.2%6.9K-123.7K-7920.0081.230022077
2019-05-29$19.22$17.5031.3%9.0%28.9%30.3%0.0%3.8%-1.2%6.4K-91.6K-7660.0080.150022077
2019-05-30$18.98$17.5037.3%10.7%29.0%39.4%0.0%-8.0%-6.2%6.4K-95.6K-7590.0096.4810022077
2019-05-31$18.43$17.5038.1%10.9%30.0%40.7%42.8%-1.8%7.5%5.8K-66.1K-7830.0588.5920123077