CSV Options History — February 2022

In February 2022, CSV traded between $48.90 and $52.09. ATM implied volatility averaged 51.8%, placing in the 57.7% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 20.8% (HV 20d: 31.1%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.33.

Notable Days

2022-02-07: Highest Volume — 1,850 contracts
2022-02-24: Largest IV drop — 39.0% change
2022-02-14: Highest IV Rank — 78.4%
2022-02-14: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.05	$48.90	$52.09	$49.74	$49.15
Max Pain	$45.79	$45.00	$50.00	$50.00	$45.00
ATM IV	51.8%	32.7%	70.0%	54.4%	38.4%
Expected Move	13.7%	9.4%	16.9%	15.6%	11.0%
HV 20d	31.1%	26.3%	34.2%	32.7%	27.4%
HV 60d	34.6%	33.8%	35.2%	34.6%	34.1%
IV Rank	57.7%	26.5%	78.4%	51.4%	37.8%
IV Percentile	83.0%	31.0%	99.2%	92.9%	58.3%
Term Structure	-4.0%	-14.5%	8.9%	0.1%	2.4%
VWIV	47.1%	34.0%	54.4%	54.4%	39.0%
Skew 25d	4.6%	-6.7%	16.1%	-6.7%	6.3%
Skew 10d	9.6%	-5.0%	22.6%	14.2%	15.9%
Call IV 25d	48.4%	32.0%	68.7%	64.8%	39.9%
Put IV 25d	53.1%	40.7%	84.8%	58.1%	46.2%
Bid-Ask Spread %	89.15	77.13	103.81	96.62	95.78
Gamma HHI	0.32	0.21	0.61	0.22	0.41
Net GEX	190.1K	30.3K	360.8K	36.6K	183.9K
Net DEX	-993.9K	-2.7M	865.5K	517.3K	-861.2K
Net VEX	-15.5K	-19.7K	-9.3K	-11.5K	-14.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.19	0.46	0.46	0.41
Total Volume	1,160.368	877	1,850	878	877
Total OI	3,136.526	1,942	4,113	1,942	3,320

Daily Data (19 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
2022-02-01	$49.74	$50.00	54.4%	15.6%	32.7%	51.4%	54.4%	-6.7%	0.1%	36.6K	517.3K	-11.5K	0.46	96.62	600	278	1,544	398
2022-02-02	$49.20	$50.00	52.7%	15.1%	32.5%	48.9%	53.8%	16.1%	-6.9%	30.3K	865.5K	-9.3K	0.43	103.81	633	275	1,544	399
2022-02-03	$48.92	$45.00	70.0%	14.4%	30.3%	74.1%	46.3%	-0.3%	-11.0%	42.1K	321.8K	-12.5K	0.43	99.30	634	275	1,645	400
2022-02-04	$48.90	$45.00	66.1%	12.8%	29.8%	68.5%	45.6%	3.2%	0.9%	38.4K	183.2K	-13.8K	0.39	92.59	713	281	1,641	400
2022-02-07	$50.12	$45.00	61.3%	13.4%	31.8%	61.4%	45.1%	-1.2%	-5.6%	60.0K	229.2K	-12.9K	0.19	86.28	1,556	294	1,832	407
2022-02-08	$50.81	$50.00	66.8%	13.0%	32.4%	75.6%	50.1%	5.4%	-7.9%	181.5K	-1.5M	-17.2K	0.24	88.41	1,218	296	2,610	417
2022-02-09	$52.09	$45.00	42.3%	12.1%	34.2%	45.4%	44.3%	1.6%	-4.1%	332.6K	-2.7M	-19.7K	0.31	83.27	932	286	3,096	416
2022-02-10	$51.07	$45.00	51.6%	14.8%	33.7%	63.8%	48.7%	4.2%	-4.0%	296.8K	-2.5M	-19.1K	0.42	77.13	685	286	3,184	419
2022-02-11	$50.30	$45.00	49.0%	14.1%	33.7%	58.8%	47.5%	3.3%	-2.1%	287.7K	-1.7M	-17.7K	0.33	86.88	877	286	3,205	417
2022-02-14	$50.81	$45.00	59.0%	16.9%	34.1%	78.4%	51.0%	4.7%	-7.5%	321.0K	-2.3M	-18.9K	0.30	83.39	928	274	3,460	417
2022-02-15	$51.52	$45.00	57.5%	16.5%	32.1%	75.4%	49.0%	9.5%	-14.5%	337.9K	-2.5M	-17.8K	0.31	82.65	889	274	3,462	421
2022-02-16	$50.93	$45.00	54.2%	15.5%	31.8%	68.9%	45.9%	11.0%	-7.8%	332.7K	-2.2M	-17.4K	0.28	84.12	982	274	3,484	421
2022-02-17	$49.40	$45.00	46.1%	13.2%	30.1%	53.0%	51.5%	11.7%	-5.2%	360.8K	-1.1M	-15.6K	0.27	92.72	1,009	274	3,659	421
2022-02-18	$49.59	$45.00	47.2%	13.5%	30.2%	55.1%	48.7%	-0.9%	-3.6%	111.7K	-108.2K	-14.6K	0.27	85.80	1,022	274	3,693	420
2022-02-22	$49.81	$45.00	48.2%	13.8%	30.2%	57.1%	51.1%	-2.5%	-2.8%	98.7K	-325.4K	-15.1K	0.23	88.35	1,071	247	2,256	408
2022-02-23	$49.61	$45.00	53.6%	15.4%	28.8%	67.7%	52.8%	4.7%	-6.2%	123.5K	-541.5K	-14.2K	0.24	82.86	1,027	247	2,585	409
2022-02-24	$48.91	$45.00	32.7%	9.4%	27.9%	26.5%	35.2%	8.9%	1.7%	210.2K	-989.2K	-15.3K	0.38	89.06	657	247	2,965	410
2022-02-25	$50.11	$45.00	33.7%	9.7%	26.3%	28.5%	34.0%	8.8%	8.9%	226.5K	-1.6M	-16.9K	0.31	94.77	819	250	3,000	409
2022-02-28	$49.15	$45.00	38.4%	11.0%	27.4%	37.8%	39.0%	6.3%	2.4%	183.9K	-861.2K	-14.9K	0.41	95.78	620	257	2,909	411