CSV Options History — November 2019

In November 2019, CSV traded between $23.79 and $26.35. ATM implied volatility averaged 24.7%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 30.3% (HV 20d: 55.0%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.52.

Notable Days

2019-11-22: Highest Volume — 40 contracts
2019-11-04: Largest IV spike — 64.6% change
2019-11-04: Highest IV Rank — 26.4%
2019-11-04: Largest Expected Move — 7.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.59	$23.79	$26.35	$26.35	$24.20
Max Pain	$24.75	$20.00	$25.00	$20.00	$25.00
ATM IV	24.7%	19.4%	31.9%	19.4%	24.0%
Expected Move	7.1%	5.6%	7.9%	5.6%	6.9%
HV 20d	55.0%	23.8%	61.6%	57.2%	23.9%
HV 60d	39.1%	38.5%	39.8%	38.9%	38.6%
IV Rank	14.5%	5.8%	26.4%	5.8%	13.4%
IV Percentile	11.8%	1.6%	42.9%	1.6%	7.9%
Term Structure	0.4%	-2.9%	4.1%	1.3%	0.4%
VWIV	26.2%	23.9%	27.6%	26.6%	23.9%
Skew 25d	1.5%	-7.5%	5.4%	-1.0%	-5.6%
Skew 10d	1.7%	-9.6%	16.6%	-3.3%	-9.6%
Call IV 25d	26.0%	21.2%	28.6%	21.2%	27.0%
Put IV 25d	27.5%	20.2%	32.8%	20.2%	21.4%
Bid-Ask Spread %	88.16	64.87	104.64	100.21	84.81
Gamma HHI	0.72	0.55	0.93	0.92	0.59
Net GEX	-9.4K	-11.8K	-6.0K	-6.0K	-10.8K
Net DEX	-77.9K	-235.1K	28.8K	-235.1K	-36.5K
Net VEX	-875	-1.0K	-532	-532	-892
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.00	1.11	1.11	0.50
Total Volume	6.9	0	40	19	0
Total OI	402.05	342	452	413	382

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
2019-11-01	$26.35	$20.00	19.4%	5.6%	57.2%	5.8%	0.0%	-1.0%	1.3%	-6.0K	-235.1K	-532	1.11	100.21	9	10	174	239
2019-11-04	$25.61	$25.00	31.9%	7.9%	59.0%	26.4%	0.0%	2.9%	-2.9%	-8.5K	-194.9K	-679	1.00	92.10	1	1	183	249
2019-11-05	$25.56	$25.00	29.7%	7.8%	59.2%	22.8%	0.0%	2.9%	-2.6%	-8.7K	-188.2K	-691	0.00	92.63	0	0	183	248
2019-11-06	$25.11	$25.00	26.0%	6.9%	59.3%	16.7%	0.0%	5.4%	4.1%	-10.2K	-154.4K	-791	0.00	91.68	0	0	183	248
2019-11-07	$25.34	$25.00	23.0%	7.6%	59.1%	11.7%	26.6%	4.3%	-1.4%	-7.9K	-187.3K	-828	0.00	94.58	0	9	199	249
2019-11-08	$24.88	$25.00	20.2%	7.5%	59.9%	7.1%	27.6%	2.2%	-0.4%	-7.6K	-179.1K	-804	0.00	88.72	0	32	199	240
2019-11-11	$24.27	$25.00	28.0%	7.6%	60.9%	20.0%	26.6%	-7.5%	1.3%	-10.5K	-58.7K	-882	0.00	104.64	0	10	171	270
2019-11-12	$24.77	$25.00	24.9%	7.7%	61.1%	14.8%	0.0%	4.2%	0.8%	-11.3K	-72.8K	-869	0.00	102.17	0	0	171	261
2019-11-13	$24.36	$25.00	25.0%	7.2%	61.2%	15.1%	0.0%	2.7%	0.1%	-11.3K	-49.3K	-887	0.00	85.61	20	0	171	261
2019-11-14	$24.62	$25.00	27.0%	7.7%	61.1%	18.3%	0.0%	2.2%	-1.0%	-8.7K	-97.9K	-915	0.00	96.90	0	0	191	261
2019-11-15	$24.35	$25.00	24.6%	7.0%	61.4%	14.3%	0.0%	1.5%	1.7%	-9.5K	-72.0K	-987	0.00	92.94	0	0	191	261
2019-11-18	$24.24	$25.00	25.2%	7.2%	61.5%	15.3%	0.0%	0.1%	-0.3%	-10.1K	-7.4K	-958	0.00	69.99	0	0	101	241
2019-11-19	$24.15	$25.00	25.5%	7.3%	61.3%	15.9%	0.0%	3.0%	1.0%	-10.5K	4.7K	-948	0.00	81.20	0	0	101	241
2019-11-20	$24.30	$25.00	25.1%	7.2%	61.3%	15.3%	0.0%	1.5%	-0.2%	-10.1K	-9.6K	-949	0.00	74.18	0	0	101	241
2019-11-21	$24.03	$25.00	21.2%	6.1%	61.6%	8.8%	0.0%	-0.3%	0.8%	-10.6K	3.8K	-914	0.00	93.30	0	0	101	241
2019-11-22	$23.79	$25.00	25.0%	7.2%	61.6%	15.1%	0.0%	3.0%	-0.5%	-11.8K	28.8K	-928	0.00	64.87	40	0	101	241
2019-11-25	$23.98	$25.00	22.6%	6.5%	60.9%	11.0%	0.0%	2.6%	2.9%	-7.9K	-20.9K	-1.0K	0.00	94.25	0	0	141	241
2019-11-26	$23.99	$25.00	22.6%	6.5%	24.0%	11.1%	0.0%	3.5%	1.8%	-8.0K	-21.3K	-1.0K	0.00	91.35	0	0	141	241
2019-11-27	$23.89	$25.00	23.2%	6.6%	23.8%	12.0%	23.9%	3.4%	1.3%	-8.2K	-9.4K	-1.0K	0.50	67.07	4	2	141	241
2019-11-29	$24.20	$25.00	24.0%	6.9%	23.9%	13.4%	0.0%	-5.6%	0.4%	-10.8K	-36.5K	-892	0.00	84.81	0	0	141	241