CSV Options History — July 2019

In July 2019, CSV traded between $18.15 and $19.39. ATM implied volatility averaged 39.9%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 21.0% (HV 20d: 18.9%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 11.52.

Notable Days

2019-07-26: Highest Volume — 414 contracts
2019-07-02: Largest IV drop — 57.1% change
2019-07-01: Highest IV Rank — 70.7%
2019-07-01: Largest Expected Move — 16.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.68	$18.15	$19.39	$18.60	$19.31
Max Pain	$21.50	$17.50	$22.50	$17.50	$22.50
ATM IV	39.9%	24.7%	57.5%	57.5%	44.6%
Expected Move	11.6%	7.1%	16.5%	16.5%	12.8%
HV 20d	18.9%	17.4%	21.9%	21.9%	18.1%
HV 60d	26.9%	22.8%	28.9%	28.7%	22.8%
IV Rank	43.4%	20.0%	70.7%	70.7%	50.8%
IV Percentile	79.9%	19.8%	99.2%	99.2%	93.3%
Term Structure	-6.4%	-51.7%	19.8%	-51.7%	-10.2%
VWIV	34.8%	16.7%	45.5%	16.7%	45.5%
Skew 25d	4.7%	-12.4%	11.8%	-12.4%	10.5%
Skew 10d	6.6%	-12.8%	18.7%	-10.1%	12.6%
Call IV 25d	36.3%	18.9%	45.0%	40.0%	42.0%
Put IV 25d	41.0%	24.2%	52.5%	27.6%	52.5%
Bid-Ask Spread %	96.72	88.60	107.54	97.30	88.79
Gamma HHI	0.43	0.37	0.50	0.42	0.39
Net GEX	2.6K	-13.3K	10.5K	9.1K	-13.1K
Net DEX	82.1K	-145.1K	598.8K	-136.0K	563.8K
Net VEX	-1.2K	-2.6K	-606	-826	-2.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	11.52	0.00	60.20	0.00	0.36
Total Volume	83.909	0	414	0	19
Total OI	440.727	326	755	332	755

Daily Data (22 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
2019-07-01	$18.60	$17.50	57.5%	16.5%	21.9%	70.7%	0.0%	-12.4%	-51.7%	9.1K	-136.0K	-826	0.00	97.30	0	0	267	65
2019-07-02	$18.77	$17.50	24.7%	7.1%	17.5%	20.0%	16.7%	6.0%	19.8%	10.0K	-132.9K	-774	0.00	90.75	1	0	267	65
2019-07-03	$18.90	$17.50	27.5%	7.9%	17.4%	24.4%	25.5%	-1.6%	8.0%	10.1K	-140.0K	-769	0.00	102.17	1	0	266	65
2019-07-05	$19.03	$0.00	32.0%	9.8%	17.5%	31.4%	0.0%	5.2%	-1.0%	10.5K	-145.1K	-753	0.00	102.75	1	0	266	65
2019-07-08	$18.49	$0.00	37.2%	11.9%	20.3%	39.3%	0.0%	3.5%	-14.8%	9.9K	-125.6K	-744	0.00	104.09	0	0	266	65
2019-07-09	$18.22	$0.00	36.0%	11.8%	20.8%	37.5%	0.0%	2.9%	-7.8%	9.6K	-100.1K	-701	0.00	104.79	5	0	266	65
2019-07-10	$18.45	$0.00	33.4%	9.6%	20.6%	33.5%	0.0%	0.0%	6.1%	9.0K	-104.7K	-695	0.00	107.54	5	0	261	65
2019-07-11	$18.33	$0.00	40.8%	11.7%	20.1%	44.8%	0.0%	4.7%	-10.6%	9.8K	-108.6K	-687	0.00	100.90	5	0	261	65
2019-07-12	$18.57	$0.00	40.9%	11.7%	18.6%	45.1%	0.0%	3.3%	-5.8%	7.9K	-113.0K	-660	0.00	103.64	5	0	261	65
2019-07-15	$18.64	$0.00	45.0%	12.9%	17.9%	51.4%	43.5%	6.1%	-9.6%	9.0K	-118.7K	-659	0.00	106.26	0	2	261	65
2019-07-16	$18.47	$22.50	44.0%	12.6%	17.9%	49.8%	31.8%	11.8%	-5.7%	9.2K	-115.7K	-650	0.00	107.13	0	2	261	67
2019-07-17	$18.30	$22.50	41.7%	11.9%	18.1%	46.2%	40.8%	6.8%	-7.5%	7.2K	-97.6K	-606	0.03	90.85	80	2	261	67
2019-07-18	$18.21	$22.50	40.4%	11.6%	18.0%	44.2%	0.0%	5.0%	-4.8%	7.9K	-98.2K	-705	0.03	89.25	80	2	269	67
2019-07-19	$18.15	$22.50	39.7%	11.4%	18.0%	43.2%	33.5%	4.9%	-4.7%	5.5K	-101.8K	-688	0.03	92.02	80	2	269	67
2019-07-22	$18.35	$22.50	43.5%	12.5%	18.5%	49.1%	0.0%	8.5%	-6.9%	1.5K	62.2K	-1.0K	0.00	88.61	5	0	182	162
2019-07-23	$18.46	$22.50	43.6%	12.5%	18.6%	49.2%	0.0%	8.8%	-5.1%	1.6K	63.2K	-1.0K	60.20	88.60	5	301	182	162
2019-07-24	$18.77	$22.50	38.0%	10.9%	19.0%	40.5%	0.0%	6.7%	-1.7%	-6.4K	493.8K	-2.0K	57.29	89.26	7	401	182	462
2019-07-25	$18.94	$22.50	41.6%	11.9%	19.2%	46.2%	0.0%	4.2%	-5.3%	-11.4K	598.8K	-2.4K	57.29	92.82	7	401	184	562
2019-07-26	$19.19	$22.50	41.7%	11.9%	19.7%	46.3%	40.7%	5.9%	-6.8%	-12.7K	565.3K	-2.6K	30.85	93.77	13	401	184	562
2019-07-29	$19.34	$22.50	40.4%	11.6%	19.6%	44.3%	0.0%	5.0%	-6.5%	-13.0K	551.9K	-2.5K	0.00	93.23	4	0	185	562
2019-07-30	$19.39	$22.50	42.6%	12.2%	18.1%	47.7%	0.0%	7.1%	-7.8%	-13.3K	544.6K	-2.5K	1.25	93.27	4	5	188	562
2019-07-31	$19.31	$22.50	44.6%	12.8%	18.1%	50.8%	45.5%	10.5%	-10.2%	-13.1K	563.8K	-2.5K	0.36	88.79	14	5	188	567