CSV Options History — May 2024

In May 2024, CSV traded between $25.56 and $27.02. ATM implied volatility averaged 50.6%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 22.7% (HV 20d: 27.9%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-05-22: Highest Volume — 717 contracts
  • 2024-05-13: Largest IV spike — 77.8% change
  • 2024-05-13: Highest IV Rank — 91.7%
  • 2024-05-01: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.33$25.56$27.02$25.74$26.83
Max Pain$24.09$22.50$25.00$25.00$22.50
ATM IV50.6%28.6%103.1%86.5%34.5%
Expected Move11.7%8.0%24.8%24.8%9.9%
HV 20d27.9%18.5%37.3%37.3%18.8%
HV 60d31.6%27.9%36.0%36.0%27.9%
IV Rank33.1%8.7%91.7%73.2%15.3%
IV Percentile51.6%2.8%99.2%98.8%11.1%
Term Structure2.9%-37.2%17.2%-37.2%17.2%
VWIV38.8%22.0%64.6%45.0%22.0%
Skew 25d8.2%-14.1%40.8%14.7%27.6%
Skew 10d12.0%-12.3%90.3%90.3%31.0%
Call IV 25d37.2%18.1%79.2%79.2%18.1%
Put IV 25d45.4%26.1%93.9%93.9%45.7%
Bid-Ask Spread %114.38102.86125.61112.53113.51
Gamma HHI0.600.420.750.570.46
Net GEX74.2K55.4K81.7K55.4K80.4K
Net DEX-3.3M-3.8M-2.8M-3.1M-3.7M
Net VEX-8.5K-13.5K-5.8K-7.6K-12.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.000.000.00
Total Volume131.27307172625
Total OI2,227.2271,7963,1021,8933,102

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$25.74$25.0086.5%24.8%37.3%73.2%0.0%14.7%-37.2%55.4K-3.1M-7.6K0.00112.532601,779114
2024-05-02$25.91$25.0054.8%15.7%35.8%37.9%45.0%-10.4%-27.9%63.7K-3.2M-7.4K0.01122.1162171,805114
2024-05-03$26.08$25.0067.5%19.3%35.9%52.0%0.0%18.2%-30.8%67.3K-3.0M-6.7K0.00125.6129711,689107
2024-05-06$25.72$25.0064.3%10.3%36.0%48.4%0.0%-1.1%8.5%72.2K-2.9M-6.9K0.00118.65001,730106
2024-05-07$25.69$25.0045.4%9.9%36.0%27.3%0.0%4.1%6.4%75.9K-2.9M-6.9K0.00109.25501,730106
2024-05-08$25.56$25.0057.9%10.3%29.3%41.4%0.0%13.6%8.3%75.8K-2.8M-6.8K0.00102.86081,730106
2024-05-09$26.34$25.0058.8%10.6%29.5%42.4%37.6%2.8%7.4%71.6K-3.1M-6.8K0.00113.41101,730114
2024-05-10$26.02$25.0058.0%8.0%29.3%41.4%0.0%-8.0%7.7%75.4K-3.1M-6.6K0.00116.85011,731114
2024-05-13$26.50$25.00103.1%10.8%29.4%91.7%0.0%8.7%5.6%70.4K-3.2M-6.4K0.00115.9410001,731114
2024-05-14$26.37$25.0063.8%8.0%29.2%47.9%29.1%-3.3%7.3%74.9K-3.3M-5.9K0.02118.0121241,701114
2024-05-15$26.36$25.0028.6%8.2%27.9%8.7%32.1%-14.1%5.0%77.4K-3.4M-5.9K0.03118.2119061,757118
2024-05-16$26.68$25.0030.0%8.6%28.0%10.3%0.0%-8.6%6.7%78.9K-3.6M-5.8K0.00110.25001,817124
2024-05-17$27.02$25.0045.8%13.1%27.8%27.8%0.0%33.9%6.5%69.8K-3.8M-5.8K1.00111.172262251,817124
2024-05-20$26.80$25.0043.9%12.6%26.7%25.7%45.6%12.3%4.2%72.6K-3.5M-8.2K0.50106.36211,915275
2024-05-21$26.55$22.5045.0%12.9%26.4%26.9%0.0%40.8%11.2%80.1K-3.3M-8.2K0.00103.55301,917276
2024-05-22$26.33$22.5046.4%13.3%26.6%28.5%64.6%7.2%9.5%81.7K-3.3M-8.3K1.00117.023583591,920276
2024-05-23$26.42$22.5032.0%9.2%23.8%12.4%0.0%0.4%16.5%80.4K-3.4M-12.2K0.99120.6778772,265629
2024-05-24$26.72$22.5036.0%10.3%23.9%16.9%0.0%20.1%6.1%76.6K-3.5M-13.5K0.33109.40312,341706
2024-05-28$26.70$22.5037.0%10.6%18.5%18.0%0.0%20.3%5.9%76.7K-3.6M-13.2K0.00116.31102,344707
2024-05-29$26.33$22.5033.5%9.6%18.5%14.1%0.0%7.4%15.1%80.8K-3.4M-12.6K0.00116.98002,345707
2024-05-30$26.56$22.5039.4%11.3%18.6%20.7%34.7%-5.5%5.2%75.2K-3.5M-12.7K0.00117.735002,345707
2024-05-31$26.83$22.5034.5%9.9%18.8%15.3%22.0%27.6%17.2%80.4K-3.7M-12.8K0.00113.512502,395707