CSV Options History — August 2023

In August 2023, CSV traded between $29.95 and $32.34. ATM implied volatility averaged 41.5%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 21.5% (HV 20d: 20.1%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 10 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 5.00.

Notable Days

  • 2023-08-23: Highest Volume — 460 contracts
  • 2023-08-31: Largest IV spike — 63.6% change
  • 2023-08-08: Highest IV Rank — 35.5%
  • 2023-08-02: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.96$29.95$32.34$32.34$30.89
Max Pain$30.00$25.00$35.00$35.00$30.00
ATM IV41.5%20.8%63.6%56.4%50.5%
Expected Move10.8%6.0%16.2%16.2%14.5%
HV 20d20.1%17.8%21.7%21.3%21.2%
HV 60d48.4%46.1%49.6%49.6%46.1%
IV Rank15.6%0.0%35.5%28.4%27.6%
IV Percentile30.5%0.0%89.7%77.8%57.1%
Term Structure-13.6%-32.1%12.4%-28.8%-31.9%
VWIV39.9%21.5%89.0%43.2%44.2%
Skew 25d5.1%-17.8%72.3%-9.7%8.6%
Skew 10d12.6%-47.6%128.8%-44.8%-4.8%
Call IV 25d42.5%32.2%56.2%53.1%32.2%
Put IV 25d47.7%28.6%112.2%43.4%40.8%
Bid-Ask Spread %113.2680.71131.41104.50114.03
Gamma HHI0.830.710.970.710.72
Net GEX-98.2K-885.0K203.8K-97.6K182.5K
Net DEX-4.3M-6.3M-516.1K-5.1M-5.7M
Net VEX-19.7K-24.2K-16.4K-23.9K-16.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.000.0056.501.001.00
Total Volume41.522046022
Total OI5,409.6093,3766,5816,3964,090

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$32.34$35.0056.4%16.2%21.3%28.4%43.2%-9.7%-28.8%-97.6K-5.1M-23.9K0.00104.50023,2083,188
2023-08-02$31.93$35.0056.6%16.2%20.9%28.5%0.0%-1.3%-29.3%-101.3K-4.5M-24.2K0.0080.71003,2083,187
2023-08-03$31.37$0.0055.8%8.8%21.1%27.8%0.0%10.1%4.4%-120.7K-4.1M-23.9K1.00110.28113,2083,191
2023-08-04$31.18$0.0040.1%8.2%18.4%12.1%0.0%7.7%-5.5%-180.4K-4.2M-23.0K2.00117.75123,2083,192
2023-08-07$31.17$0.0062.4%10.4%18.1%34.4%0.0%7.5%-22.6%-324.2K-4.2M-22.1K0.00131.41003,2083,193
2023-08-08$30.98$0.0063.6%10.7%17.8%35.5%0.0%8.4%-24.4%-256.3K-4.3M-21.1K0.00131.302503,2103,193
2023-08-09$31.55$0.0034.7%9.9%19.2%6.8%0.0%1.8%-17.7%-228.6K-5.1M-20.3K0.00128.04033,2183,193
2023-08-10$30.82$0.0039.1%11.2%20.2%11.2%0.0%3.0%-30.5%-535.4K-3.7M-21.2K0.00129.21013,2183,191
2023-08-11$30.42$25.0038.9%11.1%19.8%10.9%0.0%6.0%-32.1%-126.8K-1.7M-22.2K0.00129.02033,2213,190
2023-08-14$30.25$25.0046.3%13.3%19.6%18.3%37.1%-4.8%-28.1%-731.4K-1.6M-20.6K8.50124.652173,2213,187
2023-08-15$30.41$30.0046.1%13.2%20.0%18.1%36.4%-3.1%-27.5%-90.2K-1.5M-20.3K0.25110.0856143,2223,200
2023-08-16$29.95$30.0039.4%11.3%20.3%11.5%44.3%-9.8%-10.7%-251.7K-516.1K-19.8K2.17110.1324523,2683,212
2023-08-17$30.49$30.0042.3%12.1%21.0%14.4%40.9%-7.2%-14.5%-885.0K-2.9M-19.1K1.00106.85443,3183,263
2023-08-18$30.74$30.0027.4%7.9%21.3%0.0%27.2%28.6%4.3%203.8K-5.5M-17.1K0.00108.801303,3193,259
2023-08-21$30.81$30.0043.4%12.4%21.1%15.8%39.7%-1.9%-16.4%203.4K-5.7M-17.0K1.50109.9234513,187189
2023-08-22$30.73$30.0045.6%13.1%20.3%18.0%89.0%-17.8%-22.3%196.3K-5.6M-17.1K0.50115.53213,221256
2023-08-23$31.02$30.0020.8%6.0%20.9%0.0%21.5%-5.4%12.4%195.4K-5.8M-16.8K56.50103.3484523,223256
2023-08-24$30.68$30.0022.8%6.5%18.1%1.8%0.0%45.6%10.6%108.8K-5.1M-17.9K0.00114.47003,230708
2023-08-25$30.31$30.0026.3%7.5%18.1%5.1%26.6%72.3%4.9%116.4K-4.6M-18.0K0.47112.601573,230708
2023-08-28$30.98$30.0028.9%8.3%20.1%7.5%29.2%-8.7%1.2%146.3K-5.5M-17.2K0.0088.842603,245711
2023-08-29$31.64$30.0037.1%10.6%21.7%15.1%44.2%-4.9%-6.1%158.9K-6.3M-16.8K0.13105.17113153,271711
2023-08-30$31.34$30.0030.9%8.8%21.5%9.3%0.0%-6.7%-3.2%158.2K-6.2M-16.4K1.00118.36223,375716
2023-08-31$30.89$30.0050.5%14.5%21.2%27.6%0.0%8.6%-31.9%182.5K-5.7M-16.9K0.00114.03023,373717