CSV Options History — September 2019

In September 2019, CSV traded between $20.55 and $22.70. ATM implied volatility averaged 29.3%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 5.6% (HV 20d: 23.7%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.01.

Notable Days

2019-09-09: Highest Volume — 31 contracts
2019-09-10: Largest IV spike — 43.2% change
2019-09-26: Highest IV Rank — 34.9%
2019-09-26: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.74	$20.55	$22.70	$21.04	$20.55
Max Pain	$22.50	$22.50	$22.50	$22.50	$22.50
ATM IV	29.3%	17.7%	37.1%	34.9%	36.7%
Expected Move	8.8%	6.2%	10.6%	10.0%	10.5%
HV 20d	23.7%	20.3%	26.1%	23.4%	22.9%
HV 60d	38.8%	38.1%	39.5%	38.6%	39.5%
IV Rank	22.1%	3.0%	34.9%	31.3%	34.4%
IV Percentile	34.8%	0.8%	71.8%	62.7%	70.6%
Term Structure	6.9%	-20.0%	57.0%	4.3%	17.6%
VWIV	33.5%	28.4%	38.0%	33.9%	28.4%
Skew 25d	3.9%	-6.5%	15.3%	5.4%	-6.5%
Skew 10d	4.8%	-17.3%	21.6%	1.7%	-10.4%
Call IV 25d	29.8%	18.1%	46.2%	29.9%	46.2%
Put IV 25d	33.7%	26.6%	39.8%	35.3%	39.8%
Bid-Ask Spread %	95.69	74.32	120.75	79.30	107.35
Gamma HHI	0.53	0.47	0.59	0.47	0.49
Net GEX	-22.6K	-27.1K	-20.3K	-20.3K	-23.4K
Net DEX	295.3K	161.8K	446.3K	408.8K	446.3K
Net VEX	-2.0K	-2.3K	-1.6K	-2.3K	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.03	0.03	0.00
Total Volume	2.85	0	31	0	1
Total OI	743.9	738	752	752	742

Daily Data (20 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
2019-09-03	$21.04	$22.50	34.9%	10.0%	23.4%	31.3%	0.0%	5.4%	4.3%	-20.3K	408.8K	-2.3K	0.00	79.30	0	0	185	567
2019-09-04	$21.10	$22.50	33.9%	9.7%	23.2%	29.7%	0.0%	6.2%	2.5%	-21.4K	406.8K	-2.3K	0.00	100.82	0	0	185	567
2019-09-05	$21.32	$22.50	25.1%	8.0%	23.5%	15.2%	0.0%	10.0%	1.6%	-21.8K	370.4K	-2.3K	0.00	74.32	0	0	185	567
2019-09-06	$21.24	$22.50	22.6%	9.0%	23.4%	11.0%	0.0%	4.8%	2.4%	-22.2K	393.7K	-2.2K	0.00	78.52	0	0	185	567
2019-09-09	$21.34	$22.50	17.7%	8.8%	23.4%	3.0%	33.9%	2.7%	1.0%	-22.3K	374.5K	-2.1K	0.03	76.89	30	1	185	567
2019-09-10	$21.99	$22.50	25.4%	8.7%	25.7%	15.6%	38.0%	2.8%	1.3%	-22.1K	288.1K	-2.1K	0.00	90.70	10	0	173	567
2019-09-11	$22.44	$22.50	28.4%	8.2%	26.1%	20.7%	28.4%	15.3%	2.2%	-22.0K	212.3K	-2.1K	0.00	82.63	7	0	173	567
2019-09-12	$22.53	$22.50	30.0%	8.6%	25.8%	23.4%	0.0%	5.8%	0.7%	-21.5K	162.3K	-2.0K	0.00	113.87	0	0	174	567
2019-09-13	$22.70	$22.50	28.1%	8.1%	25.8%	20.1%	0.0%	7.1%	1.5%	-22.7K	161.8K	-1.9K	0.00	102.03	0	0	174	567
2019-09-16	$22.46	$22.50	29.4%	8.4%	25.0%	22.3%	0.0%	10.4%	2.2%	-21.6K	168.6K	-1.9K	0.00	97.56	0	0	174	567
2019-09-17	$22.61	$22.50	30.0%	8.6%	25.0%	23.2%	0.0%	-3.6%	1.1%	-21.8K	180.9K	-1.9K	0.00	101.54	0	3	174	567
2019-09-18	$22.48	$22.50	35.0%	10.0%	24.2%	31.5%	0.0%	-2.4%	-20.0%	-21.5K	206.8K	-2.0K	0.00	120.75	1	0	174	570
2019-09-19	$22.31	$22.50	34.6%	9.9%	23.3%	30.8%	0.0%	3.7%	-8.3%	-22.1K	162.6K	-1.8K	0.00	110.12	0	0	175	570
2019-09-20	$21.80	$22.50	24.8%	7.1%	24.1%	14.8%	0.0%	5.5%	4.4%	-23.1K	237.1K	-1.8K	0.00	116.28	0	0	175	570
2019-09-23	$21.69	$22.50	28.3%	8.1%	22.4%	20.4%	0.0%	4.4%	51.5%	-24.2K	303.1K	-1.8K	0.00	91.78	0	0	169	569
2019-09-24	$21.36	$22.50	21.8%	6.2%	21.6%	9.7%	0.0%	7.3%	57.0%	-24.7K	366.2K	-1.8K	0.00	97.77	0	0	169	569
2019-09-25	$21.71	$22.50	27.6%	7.9%	20.3%	19.3%	0.0%	4.3%	5.6%	-27.1K	332.2K	-1.6K	0.00	87.97	4	0	169	569
2019-09-26	$21.26	$22.50	37.1%	10.6%	21.6%	34.9%	0.0%	0.2%	-5.2%	-22.9K	318.9K	-1.8K	0.00	91.39	0	0	173	569
2019-09-27	$20.89	$22.50	34.3%	9.8%	22.5%	30.3%	0.0%	-5.9%	14.9%	-24.2K	404.3K	-1.7K	0.00	92.30	0	0	173	569
2019-09-30	$20.55	$22.50	36.7%	10.5%	22.9%	34.4%	0.0%	-6.5%	17.6%	-23.4K	446.3K	-1.6K	0.00	107.35	0	1	173	569