CSV Options History — February 2023

In February 2023, CSV traded between $30.76 and $35.34. ATM implied volatility averaged 47.6%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 19.6% (HV 20d: 27.9%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.06.

Notable Days

2023-02-23: Highest Volume — 633 contracts
2023-02-06: Largest IV spike — 211.8% change
2023-02-06: Highest IV Rank — 69.9%
2023-02-02: Largest Expected Move — 18.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.95	$30.76	$35.34	$32.69	$33.88
Max Pain	$30.00	$30.00	$30.00	$30.00	$30.00
ATM IV	47.6%	30.1%	97.5%	30.1%	37.9%
Expected Move	13.2%	8.6%	18.5%	8.6%	10.9%
HV 20d	27.9%	19.6%	39.5%	26.2%	39.4%
HV 60d	40.4%	38.3%	44.7%	44.7%	40.1%
IV Rank	21.2%	4.1%	69.9%	4.1%	11.8%
IV Percentile	41.9%	1.2%	99.2%	1.2%	15.5%
Term Structure	-2.1%	-17.6%	19.9%	19.9%	8.6%
VWIV	45.7%	40.6%	52.8%	50.4%	43.0%
Skew 25d	9.9%	-3.6%	36.7%	36.7%	-3.6%
Skew 10d	9.4%	-20.9%	61.3%	61.3%	-11.2%
Call IV 25d	40.4%	29.3%	47.8%	29.3%	46.7%
Put IV 25d	50.2%	34.9%	72.7%	66.0%	43.1%
Bid-Ask Spread %	104.29	87.05	121.99	121.99	90.30
Gamma HHI	0.34	0.29	0.41	0.29	0.31
Net GEX	22.4K	14.9K	36.0K	25.9K	21.6K
Net DEX	-8.3M	-9.4M	-6.1M	-8.9M	-6.1M
Net VEX	-5.1K	-7.8K	-3.4K	-7.8K	-4.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.50	0.50	0.23
Total Volume	143.053	2	633	3	123
Total OI	3,579.789	2,923	3,833	3,775	2,923

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
2023-02-01	$32.69	$30.00	30.1%	8.6%	26.2%	4.1%	0.0%	36.7%	19.9%	25.9K	-8.9M	-7.8K	0.50	121.99	2	1	3,315	460
2023-02-02	$32.50	$30.00	64.4%	18.5%	26.5%	37.6%	0.0%	32.1%	1.5%	25.8K	-8.8M	-6.5K	0.00	103.86	6	0	3,316	462
2023-02-03	$32.66	$30.00	31.3%	11.3%	26.5%	5.3%	0.0%	17.0%	0.3%	23.5K	-9.0M	-6.5K	0.00	116.25	53	0	3,320	462
2023-02-06	$32.34	$30.00	97.5%	15.9%	22.7%	69.9%	0.0%	22.1%	-8.6%	36.0K	-8.5M	-6.6K	0.00	111.62	135	0	3,371	462
2023-02-07	$32.10	$30.00	49.1%	15.4%	20.2%	22.7%	0.0%	11.0%	-4.0%	24.8K	-8.5M	-5.8K	0.03	108.49	150	5	3,262	462
2023-02-08	$31.44	$30.00	53.8%	15.4%	19.6%	27.3%	50.4%	3.7%	-13.1%	25.9K	-8.0M	-5.5K	0.01	103.72	70	1	3,189	462
2023-02-09	$30.76	$30.00	51.0%	14.6%	21.4%	24.5%	0.0%	5.2%	-8.9%	24.6K	-7.6M	-4.2K	0.00	109.34	2	0	3,119	463
2023-02-10	$31.69	$30.00	45.8%	13.1%	23.5%	19.4%	41.7%	8.0%	4.1%	23.7K	-7.9M	-4.8K	0.00	108.17	0	2	3,119	463
2023-02-13	$32.35	$30.00	58.5%	16.8%	24.3%	31.9%	0.0%	10.4%	-17.6%	21.3K	-8.2M	-3.5K	0.00	104.34	0	5	3,119	465
2023-02-14	$32.79	$30.00	46.6%	13.4%	24.4%	20.3%	0.0%	15.5%	-7.2%	21.2K	-8.4M	-4.4K	0.00	105.43	51	0	3,119	465
2023-02-15	$34.14	$30.00	41.9%	12.0%	26.6%	15.7%	50.2%	4.9%	-9.8%	17.6K	-9.1M	-4.6K	0.00	113.45	241	1	3,168	465
2023-02-16	$33.94	$30.00	40.7%	11.7%	26.9%	14.5%	0.0%	-3.6%	-4.6%	22.0K	-9.4M	-5.2K	0.00	113.81	0	10	3,342	464
2023-02-17	$33.65	$30.00	44.1%	12.6%	27.4%	17.8%	41.4%	-2.7%	-2.6%	19.3K	-9.4M	-4.6K	0.01	105.15	97	1	3,342	474
2023-02-21	$32.73	$30.00	39.8%	11.4%	29.6%	13.6%	0.0%	14.3%	-4.2%	21.5K	-8.9M	-3.4K	0.00	104.13	455	1	3,276	457
2023-02-22	$33.11	$30.00	49.3%	14.1%	29.7%	22.9%	52.8%	12.8%	-4.9%	18.9K	-7.6M	-4.5K	0.01	87.56	152	2	2,854	458
2023-02-23	$35.34	$30.00	38.8%	11.1%	36.7%	12.6%	40.6%	1.9%	6.4%	14.9K	-8.9M	-4.5K	0.20	91.84	527	106	3,006	460
2023-02-24	$34.09	$30.00	43.1%	12.3%	39.3%	16.8%	43.0%	-0.7%	0.1%	18.9K	-7.6M	-4.4K	0.01	87.05	265	3	2,750	559
2023-02-27	$33.89	$30.00	39.8%	11.4%	39.5%	13.6%	0.0%	3.1%	5.5%	18.1K	-7.0M	-4.2K	0.00	94.95	251	0	2,585	558
2023-02-28	$33.88	$30.00	37.9%	10.9%	39.4%	11.8%	0.0%	-3.6%	8.6%	21.6K	-6.1M	-4.9K	0.23	90.30	100	23	2,365	558