CSV Options History — December 2022

In December 2022, CSV traded between $24.35 and $27.73. ATM implied volatility averaged 54.0%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 3.5% (HV 20d: 50.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 24.56.

Notable Days

  • 2022-12-13: Highest Volume — 935 contracts
  • 2022-12-27: Largest IV spike — 29.5% change
  • 2022-12-12: Highest IV Rank — 47.5%
  • 2022-12-01: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.09$24.35$27.73$24.75$27.55
Max Pain$25.95$25.00$30.00$25.00$25.00
ATM IV54.0%37.5%74.1%61.2%38.7%
Expected Move14.3%10.8%17.6%17.6%11.1%
HV 20d50.4%34.0%56.3%52.4%52.1%
HV 60d79.5%76.8%81.6%77.9%80.2%
IV Rank27.9%12.0%47.5%35.0%13.1%
IV Percentile65.1%18.7%97.6%86.1%18.7%
Term Structure1.7%-9.7%30.6%-8.1%3.0%
VWIV49.2%39.7%58.0%58.0%39.7%
Skew 25d5.6%-10.2%26.5%-5.3%4.1%
Skew 10d3.9%-18.3%36.5%21.3%20.8%
Call IV 25d45.0%29.9%58.5%50.8%43.4%
Put IV 25d50.6%39.4%63.7%45.5%47.4%
Bid-Ask Spread %99.7594.05105.5594.0595.42
Gamma HHI0.270.230.390.320.26
Net GEX20.5K-32.5K73.7K-32.5K26.0K
Net DEX-4.8M-7.1M-418.6K-418.6K-6.1M
Net VEX-11.4K-13.5K-8.6K-8.6K-10.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio24.560.00462.000.000.00
Total Volume145.38139351505
Total OI6,093.7624,7536,7404,7536,312

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$24.75$25.0061.2%17.6%52.4%35.0%0.0%-5.3%-8.1%-32.5K-418.6K-8.6K0.0094.0515003,4331,320
2022-12-02$24.98$25.0058.5%16.8%51.6%32.4%58.0%8.1%-9.7%-14.2K-1.3M-10.5K0.0095.8176403,7331,320
2022-12-05$24.48$30.0067.2%16.1%52.1%40.7%0.0%-7.0%-1.4%-12.8K-3.0M-11.9K0.45101.07100454,5481,320
2022-12-06$24.40$30.0054.8%12.6%50.2%28.7%53.2%18.7%-4.9%-10.2K-3.2M-12.0K0.0096.940314,6481,363
2022-12-07$25.09$30.0062.8%16.3%47.5%36.5%0.0%1.4%9.4%-656-3.8M-11.9K0.00103.91034,6481,394
2022-12-08$24.35$30.0055.2%15.0%41.8%29.2%55.9%26.5%-5.4%-20.7K-3.1M-10.6K0.20105.552554,6041,391
2022-12-09$24.70$25.0064.6%13.4%34.8%38.2%46.0%3.1%1.6%-27.0K-3.1M-10.7K0.0098.241404,6291,396
2022-12-12$24.35$25.0074.1%15.3%34.0%47.5%0.0%7.8%-4.7%-16.6K-3.1M-10.7K0.00100.03904,6241,396
2022-12-13$26.75$25.0071.9%15.3%48.0%45.2%50.1%-1.1%3.6%38.9K-4.3M-11.2K0.01103.2792874,6331,396
2022-12-14$25.80$25.0051.1%14.7%49.8%25.2%0.0%-10.2%-1.8%20.1K-5.6M-10.9K0.00103.67405,3451,389
2022-12-15$25.72$25.0042.9%12.3%48.2%17.2%0.0%-8.3%10.9%17.5K-5.3M-13.5K0.50104.08215,3491,389
2022-12-16$27.73$25.0037.5%10.8%54.7%12.0%42.6%10.3%12.7%73.7K-7.1M-11.6K0.05105.14203105,3511,389
2022-12-19$26.54$25.0046.4%13.3%56.1%20.6%40.8%-3.2%11.5%56.9K-6.4M-12.6K0.6798.17645,524507
2022-12-20$27.04$25.0059.5%17.0%56.2%33.2%46.2%-0.6%-8.9%62.5K-6.8M-12.7K1.1196.009105,529511
2022-12-21$27.05$25.0044.8%12.9%56.3%19.1%52.5%13.4%30.6%63.2K-6.8M-11.9K0.0597.4610655,536521
2022-12-22$27.16$25.0052.3%15.0%56.2%26.3%52.3%5.2%6.1%66.3K-6.4M-11.4K462.0096.1214625,434526
2022-12-23$27.41$25.0041.4%11.9%55.9%15.8%50.3%-4.8%3.6%20.9K-6.4M-11.2K1.5096.87695,435988
2022-12-27$27.12$25.0053.6%15.4%54.8%27.6%56.3%25.0%-4.9%47.0K-6.3M-11.6K0.1097.552025,433991
2022-12-28$27.33$25.0054.0%15.5%54.5%28.0%0.0%15.5%-3.8%33.4K-6.2M-11.8K0.02104.5310025,413993
2022-12-29$27.55$25.0040.5%11.6%52.1%14.9%44.5%19.4%-2.8%39.4K-6.0M-12.4K0.00100.89505,313995
2022-12-30$27.55$25.0038.7%11.1%52.1%13.1%39.7%4.1%3.0%26.0K-6.1M-10.0K0.0095.42505,317995