CSV Options History — July 2023

In July 2023, CSV traded between $32.31 and $34.11. ATM implied volatility averaged 46.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded below realized volatility by 21.4% (HV 20d: 68.2%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 16.27.

Notable Days

2023-07-14: Highest Volume — 1,558 contracts
2023-07-12: Largest IV spike — 51.3% change
2023-07-31: Highest IV Rank — 34.7%
2023-07-31: Largest Expected Move — 18.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.39	$32.31	$34.11	$33.13	$32.31
Max Pain	$34.50	$30.00	$35.00	$30.00	$35.00
ATM IV	46.8%	32.7%	62.7%	43.2%	62.7%
Expected Move	13.7%	11.6%	18.0%	12.4%	18.0%
HV 20d	68.2%	22.1%	75.5%	75.5%	22.1%
HV 60d	51.6%	50.7%	52.1%	51.8%	50.7%
IV Rank	18.8%	4.8%	34.7%	15.2%	34.7%
IV Percentile	42.3%	4.0%	88.5%	27.0%	88.5%
Term Structure	-7.8%	-28.3%	0.5%	-2.8%	-28.3%
VWIV	45.0%	25.8%	70.5%	25.8%	48.9%
Skew 25d	-4.1%	-29.6%	22.0%	-15.8%	-2.6%
Skew 10d	0.2%	-43.7%	55.5%	-8.6%	-42.0%
Call IV 25d	49.7%	35.7%	80.7%	43.2%	60.6%
Put IV 25d	45.7%	27.5%	62.6%	27.5%	58.1%
Bid-Ask Spread %	97.92	88.66	104.67	98.46	99.05
Gamma HHI	0.59	0.37	0.73	0.37	0.71
Net GEX	-14.2K	-106.7K	124.1K	36.7K	-93.2K
Net DEX	-6.6M	-8.4M	-4.3M	-7.3M	-4.5M
Net VEX	-23.2K	-26.8K	-18.6K	-21.2K	-25.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	16.27	0.01	219.50	9.63	0.25
Total Volume	129.95	0	1,558	85	5
Total OI	6,219.2	4,844	8,114	4,844	6,395

Daily Data (20 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
2023-07-03	$33.13	$30.00	43.2%	12.4%	75.5%	15.2%	25.8%	-15.8%	-2.8%	36.7K	-7.3M	-21.2K	9.63	98.46	8	77	3,354	1,490
2023-07-05	$32.54	$30.00	53.9%	15.5%	75.4%	25.9%	31.3%	-22.0%	-8.3%	-23.6K	-6.5M	-22.3K	1.50	92.23	2	3	3,361	1,539
2023-07-06	$32.92	$35.00	41.2%	13.9%	74.1%	13.3%	0.0%	9.7%	-8.2%	38.1K	-7.2M	-21.1K	0.00	102.21	0	6	3,362	1,541
2023-07-07	$33.77	$35.00	36.5%	11.9%	73.7%	8.5%	41.6%	3.5%	-1.9%	64.7K	-8.2M	-19.4K	1.85	97.11	20	37	3,362	1,541
2023-07-10	$33.97	$35.00	40.9%	11.6%	73.3%	12.9%	40.3%	4.6%	-0.4%	84.2K	-8.2M	-19.3K	3.40	96.50	5	17	3,373	1,562
2023-07-11	$34.11	$35.00	32.7%	11.9%	72.5%	4.8%	41.6%	-1.1%	-1.1%	124.1K	-8.4M	-18.6K	0.06	103.51	18	1	3,378	1,577
2023-07-12	$33.62	$35.00	49.5%	14.2%	73.0%	21.5%	51.7%	22.0%	-9.2%	83.9K	-8.1M	-19.1K	0.11	98.39	119	13	3,386	1,577
2023-07-13	$33.77	$35.00	46.5%	13.3%	72.4%	18.5%	40.7%	-16.1%	-5.3%	102.3K	-8.2M	-19.4K	219.50	93.17	2	439	3,487	1,587
2023-07-14	$34.07	$35.00	45.4%	13.0%	72.3%	17.4%	48.2%	9.2%	-5.1%	20.1K	-7.6M	-23.1K	0.00	99.98	0	1,558	3,487	3,079
2023-07-17	$33.64	$35.00	46.1%	13.2%	72.8%	18.2%	0.0%	-5.3%	-6.8%	-76.5K	-6.4M	-26.3K	0.55	98.02	11	6	3,487	4,587
2023-07-18	$33.55	$35.00	46.9%	13.4%	72.8%	18.9%	37.2%	-0.7%	-6.7%	-74.9K	-6.4M	-26.1K	0.00	97.02	0	6	3,478	4,587
2023-07-19	$33.31	$35.00	48.5%	13.9%	72.9%	20.5%	49.2%	5.4%	-8.1%	-94.3K	-5.9M	-26.8K	0.05	102.51	22	1	3,478	4,588
2023-07-20	$33.72	$35.00	49.0%	14.0%	72.9%	21.0%	50.4%	-10.8%	0.5%	-64.0K	-6.5M	-25.6K	0.10	104.67	67	7	3,500	4,585
2023-07-21	$33.83	$35.00	47.4%	13.6%	72.7%	19.4%	46.9%	-1.9%	-10.8%	-57.9K	-6.9M	-24.6K	22.00	96.45	1	22	3,525	4,589
2023-07-24	$33.34	$35.00	50.5%	14.5%	72.5%	22.5%	70.5%	9.3%	-5.6%	-56.4K	-5.4M	-25.2K	0.20	88.66	10	2	3,095	3,185
2023-07-25	$33.73	$35.00	51.7%	14.8%	72.3%	23.7%	46.8%	-7.0%	-19.3%	-57.4K	-5.4M	-24.9K	1.00	102.90	1	1	3,104	3,185
2023-07-26	$33.47	$35.00	55.4%	15.9%	72.3%	27.4%	0.0%	-29.6%	-1.8%	-54.2K	-5.3M	-24.8K	0.00	97.62	0	0	3,105	3,186
2023-07-27	$32.38	$35.00	43.4%	12.5%	73.9%	15.5%	46.3%	-16.8%	-5.8%	-106.7K	-4.3M	-25.7K	0.01	89.23	102	1	3,105	3,186
2023-07-28	$32.58	$35.00	44.2%	12.7%	25.4%	16.2%	47.4%	-15.8%	-21.3%	-78.4K	-5.0M	-24.9K	0.13	100.70	8	1	3,205	3,186
2023-07-31	$32.31	$35.00	62.7%	18.0%	22.1%	34.7%	48.9%	-2.6%	-28.3%	-93.2K	-4.5M	-25.2K	0.25	99.05	4	1	3,208	3,187