CSV Options History — January 2024

In January 2024, CSV traded between $23.21 and $25.42. ATM implied volatility averaged 48.1%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 24.2% (HV 20d: 23.9%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 3.23.

Notable Days

  • 2024-01-05: Highest Volume — 583 contracts
  • 2024-01-26: Largest IV spike — 41.9% change
  • 2024-01-19: Highest IV Rank — 42.4%
  • 2024-01-19: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.38$23.21$25.42$25.09$24.53
Max Pain$22.86$22.50$25.00$25.00$25.00
ATM IV48.1%36.2%58.8%40.6%55.5%
Expected Move13.4%10.4%16.9%11.6%15.9%
HV 20d23.9%18.7%31.2%21.0%31.2%
HV 60d39.3%36.0%40.6%40.4%36.0%
IV Rank30.4%17.2%42.4%22.0%38.7%
IV Percentile60.9%18.3%91.3%33.7%85.3%
Term Structure2.1%-16.9%19.2%0.7%4.7%
VWIV50.7%36.1%74.5%74.5%55.4%
Skew 25d-2.5%-17.5%11.5%7.7%-2.8%
Skew 10d2.3%-23.0%34.3%19.1%3.5%
Call IV 25d51.4%33.0%66.8%36.8%66.8%
Put IV 25d48.9%28.2%68.0%44.5%64.1%
Bid-Ask Spread %99.2185.48117.9599.26117.95
Gamma HHI0.420.330.600.510.36
Net GEX13.5K-55.5K63.9K-37.9K56.1K
Net DEX-775.7K-2.2M320.5K-57.9K-1.8M
Net VEX-7.0K-9.2K-4.7K-5.3K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.230.0026.000.0026.00
Total Volume77.0950583227
Total OI3,442.2381,9254,6713,7332,127

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$25.09$25.0040.6%11.6%21.0%22.0%74.5%7.7%0.7%-37.9K-57.9K-5.3K0.0099.26022,976757
2024-01-03$24.33$25.0036.2%10.4%24.1%17.2%36.4%3.0%0.4%-55.5K207.8K-4.7K0.0085.48102,976758
2024-01-04$24.48$22.5045.0%11.8%24.1%26.9%0.0%-14.3%1.6%-734155.5K-5.1K0.00102.0020302,976758
2024-01-05$24.80$22.5056.3%13.2%24.2%39.5%51.1%-13.9%-1.6%-17.4K-54.1K-6.1K0.0098.3958213,176758
2024-01-08$24.95$22.5057.3%12.0%21.4%40.7%41.0%-11.6%17.1%2.9K-1.1M-9.2K0.03110.7217963,754759
2024-01-09$24.45$22.5047.1%13.6%21.3%29.3%54.3%11.5%-11.3%-30.8K-418.2K-7.5K0.0196.7817423,909762
2024-01-10$24.19$22.5045.8%13.1%21.1%27.8%49.8%-0.1%-1.5%-33.3K-279.0K-7.3K0.1096.413033,773764
2024-01-11$23.66$22.5047.8%13.7%22.3%30.1%46.5%-2.2%-6.9%-13.6K83.5K-6.8K1.2588.6012153,762767
2024-01-12$23.75$22.5046.1%13.2%19.4%28.2%0.0%-8.0%1.0%-33.3K-144.2K-7.3K0.0092.97003,762777
2024-01-16$23.52$22.5046.9%13.5%18.7%29.1%0.0%-5.2%1.5%-16.9K123.6K-6.5K0.0094.15013,762777
2024-01-17$23.21$22.5046.9%13.4%18.7%29.0%0.0%-4.9%13.5%15.8K320.5K-6.1K0.0092.40003,762778
2024-01-18$23.24$22.5047.6%13.6%18.8%29.8%0.0%5.1%0.9%-6.7K227.7K-6.1K0.0296.435513,762778
2024-01-19$23.43$22.5058.8%16.9%19.2%42.4%62.2%4.1%-16.9%44.3K156.6K-6.3K0.0193.9710213,813731
2024-01-22$24.41$22.5047.1%13.5%24.5%29.2%51.5%-7.4%-2.5%53.5K-1.6M-7.2K0.07100.605541,87154
2024-01-23$24.75$22.5048.7%14.0%25.0%31.1%49.1%4.6%3.4%57.1K-1.9M-7.9K2.00103.89121,92558
2024-01-24$24.19$22.5046.2%13.2%26.1%28.2%36.1%9.6%-1.8%55.0K-1.9M-8.2K0.1092.391011,92656
2024-01-25$25.19$22.5039.4%11.3%30.0%20.6%41.2%5.7%19.2%59.1K-1.9M-7.6K0.05107.164321,93658
2024-01-26$25.28$22.5055.9%16.0%30.0%39.0%55.8%-17.5%14.6%59.4K-2.1M-8.2K0.2399.881331,97859
2024-01-29$25.42$22.5054.0%15.5%30.0%36.9%67.4%-10.6%-5.0%62.4K-2.2M-8.2K0.03107.456021,99061
2024-01-30$25.16$22.5040.5%11.6%29.9%21.9%39.0%-4.6%12.6%63.9K-2.1M-8.1K25.00106.611252,03863
2024-01-31$24.53$25.0055.5%15.9%31.2%38.7%55.4%-2.8%4.7%56.1K-1.8M-7.5K26.00117.951262,03988