CSV Options History — June 2023

In June 2023, CSV traded between $25.54 and $33.86. ATM implied volatility averaged 44.0%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 3.8% (HV 20d: 40.2%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 4.55.

Notable Days

  • 2023-06-30: Highest Volume — 1,312 contracts
  • 2023-06-28: Largest IV spike — 54.2% change
  • 2023-06-01: Highest IV Rank — 35.3%
  • 2023-06-01: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.89$25.54$33.86$25.54$32.65
Max Pain$22.74$22.50$25.00$25.00$22.50
ATM IV44.0%27.9%64.5%64.5%37.4%
Expected Move12.0%8.0%18.5%18.5%10.7%
HV 20d40.2%33.3%76.3%35.6%76.3%
HV 60d35.4%30.8%52.0%30.8%51.8%
IV Rank15.4%0.0%35.3%35.3%9.4%
IV Percentile33.7%0.0%90.1%90.1%8.7%
Term Structure-1.9%-26.9%16.0%-23.7%-2.1%
VWIV41.1%20.6%75.1%64.7%29.1%
Skew 25d6.1%-12.8%54.0%1.1%-12.8%
Skew 10d15.6%-15.1%86.3%13.8%32.2%
Call IV 25d37.5%30.3%56.0%46.7%42.3%
Put IV 25d43.5%21.0%110.0%47.7%29.5%
Bid-Ask Spread %95.2640.38124.67118.2286.65
Gamma HHI0.640.390.840.410.74
Net GEX96.6K40.6K132.1K54.7K126.8K
Net DEX-4.0M-8.5M-2.3M-2.3M-7.5M
Net VEX-16.1K-20.0K-13.8K-14.1K-20.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.550.0071.890.0271.89
Total Volume117.04801,312581,312
Total OI3,079.8572,8883,5692,8883,569

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$25.54$25.0064.5%18.5%35.6%35.3%64.7%1.1%-23.7%54.7K-2.3M-14.1K0.02118.225712,510378
2023-06-02$26.61$25.0056.3%16.1%35.1%27.0%0.0%2.3%-26.9%40.6K-2.8M-14.8K0.00124.67002,539379
2023-06-05$26.06$22.5049.9%13.8%33.3%20.5%36.6%10.0%-10.4%58.5K-2.6M-13.8K1.6799.21352,539379
2023-06-06$27.36$22.5054.0%17.5%37.3%24.7%38.6%16.8%-6.6%71.5K-3.1M-15.2K2.00100.53122,539384
2023-06-07$28.30$22.5045.6%8.4%38.8%16.2%44.1%23.5%1.9%87.1K-3.7M-15.6K0.5098.91632,540385
2023-06-08$27.92$22.5043.8%9.3%37.6%14.3%51.9%15.9%2.3%81.0K-3.5M-14.7K0.00102.14012,543386
2023-06-09$27.36$22.5047.8%11.8%37.9%18.4%35.1%4.0%7.2%76.7K-3.3M-14.5K0.0297.3222742,543385
2023-06-12$27.84$22.5046.7%8.6%38.4%17.3%43.0%12.8%2.4%99.5K-3.8M-16.1K1.3884.178112,770388
2023-06-13$27.40$22.5051.6%14.6%38.7%22.2%37.2%8.4%-7.8%100.9K-3.6M-15.5K0.0588.726232,770397
2023-06-14$27.45$22.5037.9%10.9%37.6%8.4%75.1%1.9%0.8%94.3K-3.7M-16.4K0.6393.8616102,828396
2023-06-15$27.58$22.5027.9%8.0%37.5%0.0%20.6%-12.8%2.7%109.7K-3.8M-16.4K0.3392.9542142,853386
2023-06-16$27.49$22.5039.1%11.2%36.9%11.2%31.8%1.3%-5.3%107.3K-3.8M-16.6K0.6375.93852,895392
2023-06-20$27.50$22.5038.0%10.9%36.5%10.1%0.0%3.5%0.2%110.9K-3.9M-16.4K0.0083.81012,90261
2023-06-21$27.53$22.5028.4%8.1%36.2%0.5%0.0%1.6%4.2%115.8K-3.8M-16.7K0.2578.15822,90262
2023-06-22$27.36$22.5043.6%12.5%36.2%15.7%30.5%-1.3%2.4%107.7K-3.7M-15.8K0.05107.663722,90564
2023-06-23$26.89$22.5039.5%11.3%36.7%11.5%43.1%8.1%16.0%101.7K-3.6M-15.6K0.14113.1996132,93164
2023-06-26$27.64$22.5046.0%13.2%34.3%18.0%27.9%-8.7%5.3%114.7K-4.1M-17.0K1.00107.21113,02675
2023-06-27$27.47$22.5031.7%9.1%34.2%3.8%0.0%0.7%3.8%115.1K-4.0M-16.6K0.00103.352403,04575
2023-06-28$27.91$22.5048.8%14.0%34.4%20.8%41.2%54.0%-5.0%121.4K-4.3M-17.1K0.00103.3920813,06975
2023-06-29$33.86$22.5045.9%13.2%74.9%17.9%48.1%-3.0%-1.4%132.1K-8.5M-18.2K1.2940.381151483,27375
2023-06-30$32.65$22.5037.4%10.7%76.3%9.4%29.1%-12.8%-2.1%126.8K-7.5M-20.0K71.8986.65181,2943,351218