CSV Options History — November 2024

In November 2024, CSV traded between $36.94 and $40.67. ATM implied volatility averaged 43.2%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 11.0% (HV 20d: 54.2%). Max pain ranged from $22.50 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.14.

Notable Days

2024-11-01: Highest Volume — 220 contracts
2024-11-13: Largest IV drop — 64.3% change
2024-11-12: Highest IV Rank — 84.0%
2024-11-29: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.02	$36.94	$40.67	$36.94	$40.67
Max Pain	$29.63	$22.50	$30.00	$22.50	$30.00
ATM IV	43.2%	22.6%	90.1%	39.5%	54.2%
Expected Move	10.1%	6.5%	15.5%	11.3%	15.5%
HV 20d	54.2%	31.1%	58.4%	54.3%	31.1%
HV 60d	35.6%	34.4%	37.0%	34.4%	37.0%
IV Rank	29.5%	5.5%	84.0%	25.1%	42.3%
IV Percentile	39.3%	1.6%	98.8%	29.4%	75.8%
Term Structure	-2.6%	-19.0%	16.6%	-13.6%	-15.0%
VWIV	33.4%	21.7%	47.6%	21.7%	29.8%
Skew 25d	4.4%	-9.5%	21.9%	7.4%	21.9%
Skew 10d	6.4%	-2.7%	57.4%	57.4%	17.6%
Call IV 25d	30.1%	19.6%	39.0%	26.3%	30.1%
Put IV 25d	34.5%	27.1%	52.1%	33.7%	52.1%
Bid-Ask Spread %	114.42	106.55	118.62	116.32	113.45
Gamma HHI	0.32	0.25	0.40	0.38	0.25
Net GEX	16.1K	12.8K	20.3K	16.4K	13.6K
Net DEX	-3.2M	-5.3M	-2.8M	-5.3M	-3.1M
Net VEX	-2.0K	-3.0K	-1.1K	-2.1K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.14	0.00	1.67	0.02	0.00
Total Volume	27.75	0	220	220	0
Total OI	935.1	843	1,567	1,567	878

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
2024-11-01	$36.94	$22.50	39.5%	11.3%	54.3%	25.1%	21.7%	7.4%	-13.6%	16.4K	-5.3M	-2.1K	0.02	116.32	216	4	1,527	40
2024-11-04	$37.70	$30.00	44.3%	8.6%	53.2%	30.7%	47.6%	-5.2%	-2.2%	20.3K	-3.5M	-2.7K	0.00	116.39	77	0	1,013	40
2024-11-05	$37.94	$30.00	36.7%	8.0%	52.6%	21.9%	32.8%	9.7%	16.6%	19.9K	-3.2M	-3.0K	0.00	113.55	2	0	939	40
2024-11-06	$39.69	$30.00	50.5%	8.2%	53.2%	37.9%	29.5%	11.4%	7.8%	16.9K	-3.4M	-2.4K	0.00	118.40	48	0	937	40
2024-11-07	$39.34	$30.00	48.2%	9.7%	53.7%	35.3%	0.0%	3.6%	-2.3%	16.3K	-3.3M	-2.2K	0.00	115.92	0	0	915	40
2024-11-08	$39.39	$30.00	53.3%	9.3%	53.9%	41.2%	0.0%	7.9%	6.6%	17.8K	-3.3M	-2.5K	0.00	117.66	80	0	915	40
2024-11-11	$39.95	$30.00	56.8%	9.7%	53.6%	45.3%	0.0%	9.0%	-3.1%	16.3K	-3.1M	-1.4K	0.00	112.00	18	0	835	40
2024-11-12	$39.45	$30.00	90.1%	10.3%	54.4%	84.0%	0.0%	7.4%	-2.1%	15.5K	-3.1M	-1.7K	1.67	113.16	6	10	845	40
2024-11-13	$38.52	$30.00	32.2%	9.2%	55.8%	16.6%	0.0%	-0.4%	-0.5%	17.0K	-3.0M	-2.1K	0.00	111.36	0	0	851	50
2024-11-14	$38.27	$30.00	37.6%	10.8%	55.9%	22.9%	0.0%	0.3%	-8.5%	18.8K	-2.9M	-2.5K	0.00	106.55	51	0	851	50
2024-11-15	$37.99	$30.00	38.5%	11.0%	56.2%	23.9%	39.3%	-0.1%	-6.2%	16.3K	-2.8M	-2.1K	0.00	115.25	0	2	823	50
2024-11-18	$38.76	$30.00	37.4%	10.7%	56.1%	22.7%	0.0%	-9.5%	-8.3%	16.2K	-2.8M	-2.1K	0.00	118.00	17	0	793	50
2024-11-19	$38.85	$30.00	29.9%	8.6%	56.0%	14.0%	0.0%	-2.0%	-0.0%	15.9K	-2.8M	-2.2K	0.00	112.66	0	0	810	50
2024-11-20	$38.09	$30.00	22.6%	6.5%	56.9%	5.5%	29.8%	9.3%	14.9%	15.8K	-2.8M	-2.0K	0.00	114.73	0	2	810	50
2024-11-21	$38.94	$30.00	30.4%	8.7%	56.8%	14.6%	0.0%	6.2%	-6.1%	15.3K	-2.8M	-2.0K	0.00	111.78	0	0	810	52
2024-11-22	$39.05	$30.00	35.3%	10.1%	56.7%	20.3%	0.0%	-5.9%	-1.9%	13.4K	-2.9M	-1.6K	0.00	117.96	0	0	811	52
2024-11-25	$40.64	$30.00	40.1%	11.5%	57.6%	25.8%	0.0%	-2.0%	-5.6%	12.8K	-3.1M	-1.5K	0.00	117.19	11	0	811	52
2024-11-26	$39.78	$30.00	48.1%	13.8%	58.4%	35.1%	0.0%	7.3%	-19.0%	14.1K	-3.0M	-1.7K	0.00	107.44	10	0	822	52
2024-11-27	$40.50	$30.00	38.4%	11.0%	58.3%	23.8%	0.0%	11.3%	-2.9%	13.4K	-3.1M	-1.1K	0.00	118.62	1	0	826	52
2024-11-29	$40.67	$30.00	54.2%	15.5%	31.1%	42.3%	0.0%	21.9%	-15.0%	13.6K	-3.1M	-1.1K	0.00	113.45	0	0	826	52