CSV Options History — November 2022

In November 2022, CSV traded between $23.62 and $26.16. ATM implied volatility averaged 51.7%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded below realized volatility by 56.7% (HV 20d: 108.4%). Max pain ranged from $22.50 to $35.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.50.

Notable Days

  • 2022-11-18: Highest Volume — 1,661 contracts
  • 2022-11-08: Largest IV spike — 56.2% change
  • 2022-11-08: Highest IV Rank — 48.3%
  • 2022-11-08: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.54$23.62$26.16$23.82$24.86
Max Pain$25.36$22.50$35.00$35.00$25.00
ATM IV51.7%39.3%75.0%53.5%52.9%
Expected Move14.5%11.3%19.0%15.3%15.2%
HV 20d108.4%50.4%125.1%116.9%52.6%
HV 60d76.4%74.1%78.0%75.9%78.0%
IV Rank25.7%13.7%48.3%27.5%26.9%
IV Percentile65.4%29.0%98.0%76.2%73.0%
Term Structure-0.5%-26.7%17.6%-9.9%2.3%
VWIV56.5%35.3%67.2%60.4%35.3%
Skew 25d2.7%-12.9%9.0%1.1%-12.9%
Skew 10d13.7%-4.1%34.7%34.7%11.2%
Call IV 25d47.8%41.6%56.6%56.6%44.9%
Put IV 25d50.5%32.0%58.6%57.8%32.0%
Bid-Ask Spread %99.0381.95108.39100.39100.36
Gamma HHI0.380.280.540.500.31
Net GEX9.7K-26.7K33.1K13.1K-15.5K
Net DEX94.0K-465.5K864.7K864.7K-425.4K
Net VEX-7.6K-9.2K-4.4K-4.6K-9.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.006.136.130.83
Total Volume815.66711,661563189
Total OI3,739.6193,0244,4743,0244,474

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$23.82$35.0053.5%15.3%116.9%27.5%60.4%1.1%-9.9%13.1K864.7K-4.6K6.13100.39794842,414610
2022-11-02$24.21$35.0043.7%12.5%117.5%18.0%48.3%8.3%5.9%19.4K396.0K-7.8K2.64101.331814782,418620
2022-11-03$23.62$22.5062.6%14.3%117.4%36.3%44.3%-2.6%-9.5%18.9K574.3K-6.0K2.6499.971814782,520626
2022-11-04$23.89$22.5046.3%12.2%117.3%20.5%53.9%3.0%4.1%15.5K716.8K-5.5K2.8494.271815142,520696
2022-11-07$24.83$22.5048.0%13.3%117.9%22.2%52.7%-3.1%10.5%8.5K856.2K-4.4K2.8496.621785052,520692
2022-11-08$26.16$22.5075.0%19.0%120.1%48.3%65.0%2.0%-25.1%27.8K445.0K-6.8K0.92101.575585152,521695
2022-11-09$24.41$22.5051.7%14.8%121.9%25.8%60.4%5.4%-2.1%22.3K-200.8K-8.7K0.92100.515595153,006705
2022-11-10$26.03$25.0049.8%14.3%125.0%23.9%67.0%7.8%-3.3%33.1K-434.4K-8.7K0.92102.805595153,008663
2022-11-11$25.37$25.0042.4%12.2%125.1%16.7%61.2%2.3%-4.0%26.6K-201.4K-7.6K0.93104.945595183,007663
2022-11-14$25.12$25.0039.3%11.3%124.4%13.7%62.2%1.7%17.6%27.5K-396.9K-8.4K0.93108.355595183,007670
2022-11-15$25.40$25.0051.9%14.9%124.0%26.0%64.1%1.7%3.4%30.5K-465.5K-8.9K0.93102.735595183,009669
2022-11-16$24.56$25.0061.7%17.7%124.1%35.4%67.2%7.8%-26.7%19.9K-166.0K-7.2K0.9399.345585183,011670
2022-11-17$24.76$25.0054.5%15.6%124.2%28.5%65.9%1.2%3.9%29.7K-295.5K-8.0K0.93108.395585183,012670
2022-11-18$24.02$25.0044.6%12.8%124.3%18.9%48.5%-0.7%-3.3%31.4K-145.0K-7.7K1.9894.105581,1033,012670
2022-11-21$24.00$25.0047.6%13.6%124.3%21.8%59.1%8.4%7.0%-10.3K169.9K-9.2K0.8293.575514532,9991,170
2022-11-22$24.09$25.0045.1%12.9%123.8%19.3%51.6%9.0%11.8%-15.8K173.2K-8.9K0.9988.945515433,0001,181
2022-11-23$24.05$25.0045.4%13.0%123.2%19.7%50.7%6.2%9.2%-18.3K295.6K-8.1K0.9881.955545433,0001,236
2022-11-25$24.57$25.0057.8%16.6%51.4%31.6%0.0%1.7%3.1%-14.5K148.3K-8.4K0.0097.3421003,0051,236
2022-11-28$23.86$25.0049.3%14.1%50.4%23.4%0.0%7.3%6.0%-19.9K-59.0K-8.8K0.0096.03013,2251,238
2022-11-29$23.66$25.0062.7%18.0%50.4%36.4%0.0%1.9%-11.8%-26.7K124.1K-8.1K0.00106.021003,2251,239
2022-11-30$24.86$25.0052.9%15.2%52.6%26.9%35.3%-12.9%2.3%-15.5K-425.4K-9.1K0.83100.36103863,2351,239