CSV Options History — March 2024

In March 2024, CSV traded between $24.32 and $27.03. ATM implied volatility averaged 50.6%, placing in the 33.2% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 15.4% (HV 20d: 35.2%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.21.

Notable Days

2024-03-11: Highest Volume — 159 contracts
2024-03-27: Largest IV drop — 26.0% change
2024-03-11: Highest IV Rank — 49.8%
2024-03-01: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.85	$24.32	$27.03	$24.32	$26.99
Max Pain	$20.25	$20.00	$25.00	$25.00	$20.00
ATM IV	50.6%	37.4%	65.5%	58.9%	38.7%
Expected Move	13.3%	10.7%	16.9%	16.9%	11.1%
HV 20d	35.2%	27.6%	43.8%	42.2%	27.7%
HV 60d	33.5%	32.7%	34.2%	32.8%	34.2%
IV Rank	33.2%	18.5%	49.8%	42.5%	19.9%
IV Percentile	63.9%	21.0%	95.2%	89.3%	26.2%
Term Structure	0.5%	-30.0%	22.6%	-30.0%	14.4%
VWIV	35.6%	16.4%	59.8%	39.4%	23.2%
Skew 25d	9.6%	-0.2%	28.4%	17.6%	10.0%
Skew 10d	11.8%	1.1%	34.3%	34.3%	1.2%
Call IV 25d	36.2%	20.0%	43.8%	43.8%	34.7%
Put IV 25d	45.8%	36.8%	61.4%	61.4%	44.8%
Bid-Ask Spread %	106.05	90.92	124.79	124.79	113.07
Gamma HHI	0.44	0.41	0.51	0.45	0.44
Net GEX	118.0K	97.4K	137.3K	97.4K	136.7K
Net DEX	-3.7M	-4.4M	-2.8M	-2.8M	-4.4M
Net VEX	-10.6K	-12.0K	-9.5K	-11.2K	-9.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.00	1.50	0.75	0.00
Total Volume	26.9	0	159	7	21
Total OI	3,182.4	3,096	3,251	3,140	3,251

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
2024-03-01	$24.32	$25.00	58.9%	16.9%	42.2%	42.5%	0.0%	17.6%	-30.0%	97.4K	-2.8M	-11.2K	0.75	124.79	4	3	3,010	130
2024-03-04	$24.73	$20.00	59.1%	14.0%	42.1%	42.6%	39.4%	7.3%	-8.6%	103.9K	-3.1M	-11.4K	0.50	103.56	2	1	3,014	133
2024-03-05	$24.38	$20.00	63.1%	13.4%	41.9%	47.1%	0.0%	6.0%	-4.4%	99.2K	-2.9M	-11.2K	0.00	100.39	20	0	3,014	132
2024-03-06	$25.41	$20.00	53.2%	13.0%	43.8%	36.1%	23.2%	9.2%	0.7%	110.6K	-3.6M	-11.8K	0.00	95.44	15	0	3,034	132
2024-03-07	$25.44	$20.00	52.4%	14.4%	41.3%	35.2%	0.0%	8.5%	-5.9%	109.7K	-3.6M	-12.0K	0.00	100.50	0	0	3,044	132
2024-03-08	$25.78	$20.00	53.3%	15.3%	40.9%	36.2%	0.0%	13.7%	-12.6%	117.6K	-3.7M	-11.5K	0.00	90.92	0	2	3,044	132
2024-03-11	$25.91	$20.00	65.5%	12.0%	38.8%	49.8%	38.8%	6.5%	2.8%	116.8K	-3.7M	-10.8K	0.00	96.82	159	0	3,044	133
2024-03-12	$26.30	$20.00	65.3%	13.0%	36.8%	49.6%	46.2%	4.6%	-4.2%	118.3K	-3.9M	-11.0K	0.00	105.07	0	36	3,024	133
2024-03-13	$25.99	$20.00	52.6%	15.1%	32.5%	35.4%	59.8%	7.2%	-15.5%	118.6K	-3.7M	-10.8K	0.00	99.89	103	0	3,024	167
2024-03-14	$25.21	$20.00	44.5%	12.8%	33.4%	26.4%	0.0%	9.0%	0.8%	112.7K	-3.3M	-10.5K	0.00	107.13	0	0	3,075	167
2024-03-15	$25.63	$20.00	37.4%	10.7%	33.2%	18.5%	37.1%	-0.2%	8.0%	110.2K	-3.3M	-9.6K	0.00	110.10	0	4	3,075	167
2024-03-18	$25.46	$20.00	43.5%	12.5%	33.2%	25.2%	43.2%	2.9%	7.1%	107.3K	-3.1M	-9.9K	1.50	105.46	2	3	3,001	95
2024-03-19	$25.74	$20.00	49.2%	14.1%	33.1%	31.6%	0.0%	5.4%	15.4%	112.4K	-3.4M	-10.0K	0.00	105.64	0	0	3,001	96
2024-03-20	$26.49	$20.00	43.1%	12.4%	34.0%	24.8%	0.0%	9.6%	0.4%	125.0K	-3.7M	-9.9K	0.00	104.07	130	0	3,001	96
2024-03-21	$26.83	$20.00	41.1%	11.8%	32.8%	22.6%	28.6%	11.3%	22.6%	134.5K	-4.3M	-10.3K	0.00	107.77	3	0	3,131	96
2024-03-22	$26.35	$20.00	45.2%	12.9%	32.1%	27.1%	0.0%	2.4%	-5.5%	128.6K	-4.0M	-10.2K	0.00	108.46	0	3	3,131	96
2024-03-25	$26.54	$20.00	50.6%	14.5%	28.3%	33.2%	16.4%	22.7%	6.2%	137.3K	-4.3M	-10.0K	0.00	113.98	1	0	3,131	99
2024-03-26	$26.56	$20.00	54.4%	15.6%	28.2%	37.5%	23.2%	28.4%	2.8%	126.4K	-4.3M	-10.4K	0.00	117.13	4	0	3,131	99
2024-03-27	$27.03	$20.00	40.3%	11.6%	27.6%	21.7%	0.0%	10.1%	16.2%	136.6K	-4.4M	-9.7K	0.00	110.76	22	0	3,134	99
2024-03-28	$26.99	$20.00	38.7%	11.1%	27.7%	19.9%	0.0%	10.0%	14.4%	136.7K	-4.4M	-9.5K	0.00	113.07	21	0	3,152	99