CSV Options History — May 2022

In May 2022, CSV traded between $38.21 and $43.40. ATM implied volatility averaged 48.0%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 2.9% (HV 20d: 45.2%). Max pain ranged from $35.00 to $50.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.69.

Notable Days

  • 2022-05-18: Highest Volume — 726 contracts
  • 2022-05-09: Largest IV spike — 34.1% change
  • 2022-05-09: Highest IV Rank — 90.8%
  • 2022-05-11: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.02$38.21$43.40$42.07$40.48
Max Pain$40.71$35.00$50.00$50.00$40.00
ATM IV48.0%37.4%65.3%41.9%45.6%
Expected Move13.3%10.7%16.0%12.0%13.1%
HV 20d45.2%39.0%49.3%39.4%39.0%
HV 60d36.1%33.6%37.5%33.6%36.5%
IV Rank56.8%35.8%90.8%44.6%52.0%
IV Percentile79.4%51.6%98.4%71.0%75.8%
Term Structure-3.6%-11.6%5.0%4.7%-10.7%
VWIV49.0%34.8%70.6%52.0%34.8%
Skew 25d5.1%-15.3%16.1%-4.7%13.8%
Skew 10d14.7%-8.7%39.4%5.3%28.5%
Call IV 25d46.7%35.6%65.9%53.2%35.6%
Put IV 25d51.8%45.5%73.9%48.6%49.4%
Bid-Ask Spread %104.2796.11112.55104.85100.28
Gamma HHI0.200.150.250.250.22
Net GEX-3.7K-11.8K3.6K-9.3K1.4K
Net DEX2.2M1.4M2.8M2.7M1.4M
Net VEX-3.6K-5.1K-2.1K-4.5K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.691.342.042.001.34
Total Volume685.095649726674691
Total OI2,238.9052,0272,4442,2592,049

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$42.07$50.0041.9%12.0%39.4%44.6%52.0%-4.7%4.7%-9.3K2.7M-4.5K2.00104.852254491,446813
2022-05-03$41.40$50.0050.2%14.4%39.2%61.0%52.4%15.2%5.0%-5.4K2.7M-4.6K1.88104.892264241,448879
2022-05-04$43.40$50.0044.0%12.6%44.0%48.8%52.0%-3.2%-4.8%-11.2K2.6M-5.1K1.90105.172244251,446904
2022-05-05$41.20$35.0049.8%12.4%46.1%60.2%40.5%4.0%-0.2%-6.3K2.8M-4.0K1.9099.562244251,445903
2022-05-06$41.24$35.0048.7%13.3%45.6%58.0%53.7%3.3%-4.0%-6.2K2.8M-4.2K1.9296.112244311,445903
2022-05-09$39.83$35.0065.3%14.7%46.1%90.8%53.6%11.4%-11.6%-9.4K2.8M-3.7K1.98101.182204361,445919
2022-05-10$39.22$40.0059.8%14.0%46.1%79.9%53.8%2.1%-7.3%-7.2K2.8M-3.1K2.0496.392224531,445920
2022-05-11$39.06$40.0055.9%16.0%45.4%72.3%65.6%12.4%-6.7%-6.6K2.7M-3.9K2.04111.142224531,447943
2022-05-12$39.39$40.0050.7%14.5%45.1%62.1%62.6%10.9%-2.5%-3.6K2.7M-4.2K2.02108.452224481,447943
2022-05-13$39.79$40.0047.4%13.6%45.8%55.5%53.1%-3.6%-1.2%-4.6K2.7M-4.3K1.64111.542744481,447945
2022-05-16$39.42$40.0048.9%14.0%45.3%58.5%70.6%-15.3%0.6%-11.8K2.6M-3.8K1.65112.552724481,499945
2022-05-17$40.73$40.0037.4%10.7%46.9%35.8%46.5%9.3%3.9%-8991.8M-3.2K1.63110.662754491,500713
2022-05-18$38.75$40.0049.2%14.1%48.5%59.1%44.2%9.3%-3.1%-9771.8M-3.2K1.64102.922754511,504713
2022-05-19$38.92$40.0044.9%12.9%49.0%50.7%47.8%8.7%-0.3%-5.3K1.8M-2.8K1.61108.492754421,504705
2022-05-20$38.21$40.0041.3%11.8%47.8%43.5%44.2%2.6%-6.5%-6181.9M-2.1K1.42107.532924151,507695
2022-05-23$38.57$40.0052.1%14.9%48.5%64.8%45.1%3.6%-6.7%3.6K1.4M-3.2K1.41101.352864031,484543
2022-05-24$38.87$40.0049.6%14.2%48.8%59.8%44.5%1.8%-8.5%1.6K1.4M-2.7K1.41103.512864031,485543
2022-05-25$39.40$40.0043.6%12.5%49.3%48.0%40.0%4.1%-6.3%1.6K1.4M-3.0K1.4196.342864031,485543
2022-05-26$40.12$40.0039.5%11.3%43.2%39.9%36.3%4.7%-0.2%2.4K1.4M-3.1K1.3798.022863921,485543
2022-05-27$40.30$40.0042.9%12.3%39.1%46.6%36.8%16.1%-9.8%2.0K1.4M-3.2K1.38108.642863961,487552
2022-05-31$40.48$40.0045.6%13.1%39.0%52.0%34.8%13.8%-10.7%1.4K1.4M-2.9K1.34100.282953961,487562