CSV Options History — October 2023

In October 2023, CSV traded between $21.17 and $27.80. ATM implied volatility averaged 47.9%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 12.3% (HV 20d: 60.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 17.23.

Notable Days

  • 2023-10-03: Highest Volume — 948 contracts
  • 2023-10-27: Largest IV spike — 29.5% change
  • 2023-10-10: Highest IV Rank — 45.7%
  • 2023-10-20: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.78$21.17$27.80$27.80$21.61
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV47.9%38.0%61.8%38.0%43.7%
Expected Move13.5%9.7%16.8%10.9%12.5%
HV 20d60.2%23.5%65.1%23.5%38.1%
HV 60d39.8%21.0%41.9%21.0%41.9%
IV Rank30.2%19.2%45.7%19.2%25.5%
IV Percentile52.4%20.2%86.9%20.2%38.1%
Term Structure-7.9%-34.8%15.3%-1.7%-5.7%
VWIV41.7%25.8%56.1%46.8%56.1%
Skew 25d5.7%-18.2%41.2%2.9%14.3%
Skew 10d4.9%-31.2%75.7%8.1%28.0%
Call IV 25d42.8%35.0%52.6%41.6%43.4%
Put IV 25d48.6%32.5%78.4%44.5%57.7%
Bid-Ask Spread %115.78107.92126.26107.92111.30
Gamma HHI0.490.340.830.830.46
Net GEX71.4K22.0K186.6K186.6K26.2K
Net DEX-915.8K-2.5M597.9K-2.5M140.0K
Net VEX-12.9K-18.3K-7.0K-11.6K-11.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio17.230.0060.001.3625.13
Total Volume187.50948347400
Total OI4,911.9553,7556,1723,9254,068

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$27.80$25.0038.0%10.9%23.5%19.2%46.8%2.9%-1.7%186.6K-2.5M-11.6K1.36107.921472003,362563
2023-10-03$23.82$25.0047.1%13.5%57.7%29.3%37.4%0.2%-5.6%42.8K-523.7K-9.3K0.34117.657082403,507763
2023-10-04$25.21$25.0045.0%12.9%62.3%27.0%28.0%-11.4%-15.4%30.6K-1.5M-12.3K53.67115.7931614,189547
2023-10-05$24.86$25.0041.3%9.7%62.3%22.8%25.8%33.7%-1.3%69.8K-1.3M-12.3K0.38119.143151214,189511
2023-10-06$25.41$25.0040.3%13.0%63.2%21.7%43.4%11.9%-8.1%79.6K-1.6M-14.2K0.00110.2660124,457587
2023-10-09$25.37$25.0048.2%12.4%62.9%30.5%0.0%10.6%-12.0%107.7K-2.5M-18.3K0.00119.60105,057588
2023-10-10$25.09$25.0061.8%13.8%62.4%45.7%47.1%0.6%-8.4%124.6K-2.1M-17.1K0.00114.440495,056588
2023-10-11$25.70$25.0046.5%13.3%62.7%28.6%45.0%41.2%-18.1%114.2K-2.3M-17.6K28.00119.331285,056637
2023-10-12$24.87$25.0044.7%12.8%62.4%26.6%0.0%-0.3%-4.8%99.9K-1.7M-16.1K0.00112.530105,056665
2023-10-13$24.34$25.0045.7%13.1%62.4%27.7%47.4%-18.2%-3.3%81.2K-1.4M-15.2K1.18120.2038455,056675
2023-10-16$24.48$25.0058.4%16.7%62.7%41.9%0.0%7.4%-8.4%85.9K-1.2M-14.3K0.00111.83005,075720
2023-10-17$24.77$25.0049.9%14.3%62.8%32.4%0.0%-1.8%-10.5%88.6K-1.7M-16.3K0.00117.00005,075720
2023-10-18$23.40$25.0046.6%13.4%64.4%28.7%48.0%-3.7%-19.0%63.9K-945.6K-14.2K1.38112.762002765,075720
2023-10-19$23.05$25.0051.8%14.9%64.4%34.5%36.2%11.6%15.3%58.9K-364.3K-13.3K60.00109.191605,275866
2023-10-20$22.73$25.0058.6%16.8%64.3%42.1%34.9%0.3%-22.4%112.3K-97.9K-12.5K56.00112.241565,276896
2023-10-23$22.44$25.0041.4%11.9%64.3%23.0%38.4%-1.0%1.7%42.1K-41.2K-10.9K5.50123.806333,167588
2023-10-24$22.24$25.0045.0%12.9%64.3%26.9%45.8%12.7%8.4%36.9K-64.8K-10.6K0.89126.2647423,172621
2023-10-25$21.90$25.0050.4%14.5%64.1%33.0%0.0%20.6%-5.8%37.5K83.0K-9.9K0.00120.62503,201663
2023-10-26$21.37$25.0041.8%12.0%64.2%23.4%39.0%-6.3%-3.8%22.0K597.9K-7.0K57.00118.7221143,196663
2023-10-27$21.17$25.0054.1%15.5%64.2%37.1%0.0%-3.5%-34.8%30.1K494.4K-9.0K2.00117.88123,198760
2023-10-30$21.50$25.0053.9%15.4%65.1%36.8%48.2%4.3%-10.9%30.2K376.9K-9.3K25.13108.6282013,199760
2023-10-31$21.61$25.0043.7%12.5%38.1%25.5%56.1%14.3%-5.7%26.2K140.0K-11.9K0.00111.3004003,207861