CSV Options History — April 2021

In April 2021, CSV traded between $35.13 and $38.24. ATM implied volatility averaged 40.5%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 15.5% (HV 20d: 25.0%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 2.40.

Notable Days

2021-04-13: Highest Volume — 412 contracts
2021-04-07: Largest IV spike — 58.8% change
2021-04-12: Highest IV Rank — 41.2%
2021-04-01: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.45	$35.13	$38.24	$36.03	$36.97
Max Pain	$35.00	$30.00	$40.00	$30.00	$35.00
ATM IV	40.5%	22.4%	57.4%	52.2%	36.9%
Expected Move	11.3%	6.4%	15.0%	15.0%	10.6%
HV 20d	25.0%	21.2%	32.3%	32.3%	27.1%
HV 60d	28.9%	28.0%	30.2%	30.0%	28.4%
IV Rank	20.9%	0.0%	41.2%	34.7%	17.4%
IV Percentile	27.4%	0.0%	73.8%	57.1%	13.1%
Term Structure	-1.6%	-12.0%	11.9%	-9.4%	-2.8%
VWIV	40.9%	28.1%	55.7%	52.8%	28.1%
Skew 25d	5.2%	-13.5%	22.9%	13.2%	22.9%
Skew 10d	15.4%	-6.0%	58.0%	3.3%	9.1%
Call IV 25d	37.7%	24.3%	47.5%	35.3%	27.1%
Put IV 25d	42.9%	29.1%	58.7%	48.5%	50.0%
Bid-Ask Spread %	106.11	92.21	115.60	115.60	112.96
Gamma HHI	0.50	0.25	0.84	0.51	0.28
Net GEX	15.6K	1.7K	38.9K	18.8K	1.7K
Net DEX	-376.0K	-702.5K	-139.1K	-552.0K	-139.1K
Net VEX	-892	-1.2K	-675	-1.2K	-858
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.40	0.00	15.00	0.00	6.00
Total Volume	31.714	0	412	2	0
Total OI	893.381	454	1,258	1,180	578

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
2021-04-01	$36.03	$30.00	52.2%	15.0%	32.3%	34.7%	52.8%	13.2%	-9.4%	18.8K	-552.0K	-1.2K	0.00	115.60	2	0	284	896
2021-04-05	$36.58	$0.00	40.6%	13.7%	32.0%	20.8%	42.1%	9.3%	-3.2%	34.0K	-621.0K	-991	0.00	96.78	5	0	283	896
2021-04-06	$36.80	$40.00	35.7%	12.6%	21.2%	14.9%	0.0%	9.5%	-4.0%	24.7K	-670.5K	-973	0.00	112.62	0	25	289	896
2021-04-07	$35.65	$40.00	56.7%	10.8%	23.9%	40.3%	35.1%	19.0%	4.4%	21.6K	-492.2K	-1.1K	0.00	111.63	11	0	289	923
2021-04-08	$35.16	$35.00	48.6%	11.4%	22.8%	30.5%	42.5%	-8.0%	-11.1%	24.7K	-502.2K	-1.0K	0.50	111.61	2	1	295	923
2021-04-09	$35.13	$35.00	37.5%	10.9%	22.8%	17.1%	39.7%	-9.4%	2.4%	35.3K	-503.0K	-1.0K	5.50	112.77	4	22	297	924
2021-04-12	$35.22	$35.00	57.4%	12.9%	22.7%	41.2%	0.0%	0.2%	-6.5%	28.2K	-390.0K	-950	0.00	98.60	0	0	297	946
2021-04-13	$35.31	$35.00	46.2%	13.2%	22.6%	27.6%	44.6%	6.4%	-12.0%	38.9K	-479.3K	-877	3.85	102.06	85	327	297	945
2021-04-14	$36.17	$35.00	47.6%	13.7%	24.2%	29.4%	0.0%	4.7%	-11.4%	16.3K	-678.6K	-827	0.00	97.42	4	0	297	961
2021-04-15	$35.48	$35.00	35.9%	10.3%	25.1%	15.1%	0.0%	-13.5%	11.9%	22.3K	-468.1K	-835	0.00	109.88	2	0	296	961
2021-04-16	$35.85	$35.00	47.3%	13.6%	24.8%	29.0%	44.9%	-1.0%	-3.7%	5.3K	-702.5K	-699	1.90	96.04	10	19	295	961
2021-04-19	$35.88	$30.00	48.4%	13.9%	24.7%	30.2%	47.6%	7.0%	-10.5%	4.6K	-146.0K	-711	0.25	107.32	4	1	110	344
2021-04-20	$35.81	$35.00	41.3%	11.8%	24.6%	21.7%	55.7%	12.8%	-5.7%	5.3K	-148.3K	-675	1.18	98.77	17	20	113	345
2021-04-21	$36.09	$35.00	42.2%	12.1%	21.4%	22.8%	46.9%	9.2%	2.8%	4.8K	-152.6K	-819	2.75	92.21	12	33	122	368
2021-04-22	$37.82	$35.00	31.0%	8.9%	25.2%	9.2%	30.0%	9.4%	4.1%	7.2K	-216.3K	-844	1.50	110.38	4	6	132	403
2021-04-23	$38.01	$35.00	33.6%	9.6%	25.1%	12.3%	28.1%	2.9%	10.4%	8.4K	-237.8K	-867	0.00	106.44	11	0	141	402
2021-04-26	$37.77	$35.00	28.0%	8.0%	25.3%	5.6%	32.1%	6.6%	1.4%	8.6K	-207.5K	-803	0.00	105.93	0	16	140	402
2021-04-27	$37.80	$35.00	27.4%	7.9%	25.4%	4.9%	43.8%	8.6%	4.4%	6.0K	-191.6K	-842	15.00	109.39	1	15	140	419
2021-04-28	$38.24	$35.00	22.4%	6.4%	25.5%	0.0%	28.1%	4.8%	7.6%	7.4K	-231.7K	-877	6.00	113.38	1	6	140	433
2021-04-29	$37.69	$35.00	33.8%	9.7%	26.2%	13.7%	0.0%	-4.8%	-2.4%	3.0K	-166.1K	-910	0.00	106.59	0	0	139	439
2021-04-30	$36.97	$35.00	36.9%	10.6%	27.1%	17.4%	0.0%	22.9%	-2.8%	1.7K	-139.1K	-858	0.00	112.96	0	0	139	439