CSV Options History — December 2024

In December 2024, CSV traded between $39.52 and $40.95. ATM implied volatility averaged 38.7%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 15.2% (HV 20d: 23.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.09.

Notable Days

2024-12-23: Highest Volume — 44 contracts
2024-12-06: Largest IV spike — 48.8% change
2024-12-10: Highest IV Rank — 46.5%
2024-12-18: Largest Expected Move — 12.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.15	$39.52	$40.95	$40.39	$39.97
Max Pain	$25.71	$25.00	$30.00	$30.00	$25.00
ATM IV	38.7%	27.4%	57.9%	41.0%	33.0%
Expected Move	10.6%	7.9%	12.5%	11.8%	9.5%
HV 20d	23.4%	16.3%	30.3%	30.3%	16.3%
HV 60d	36.9%	36.7%	37.3%	36.8%	36.8%
IV Rank	24.2%	11.1%	46.5%	26.9%	17.6%
IV Percentile	30.9%	5.2%	83.7%	38.1%	13.5%
Term Structure	-1.0%	-12.3%	10.5%	-10.4%	6.9%
VWIV	35.0%	23.4%	45.4%	28.8%	44.6%
Skew 25d	3.9%	-14.8%	12.3%	12.0%	4.9%
Skew 10d	8.5%	-13.8%	26.2%	26.2%	7.9%
Call IV 25d	32.1%	22.3%	52.6%	30.3%	33.8%
Put IV 25d	36.0%	27.8%	47.8%	42.4%	38.7%
Bid-Ask Spread %	106.99	95.66	120.36	120.36	108.47
Gamma HHI	0.27	0.25	0.30	0.25	0.30
Net GEX	13.5K	11.6K	15.0K	12.8K	15.0K
Net DEX	-3.1M	-3.2M	-2.9M	-3.1M	-3.0M
Net VEX	-1.6K	-1.9K	-951	-1.4K	-1.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	0.56	0.00	0.00
Total Volume	7.952	0	44	0	1
Total OI	900.952	871	924	878	915

Daily Data (21 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
2024-12-02	$40.39	$30.00	41.0%	11.8%	30.3%	26.9%	0.0%	12.0%	-10.4%	12.8K	-3.1M	-1.4K	0.00	120.36	0	0	826	52
2024-12-03	$40.50	$30.00	36.4%	10.4%	29.7%	21.6%	0.0%	12.3%	-4.7%	13.9K	-3.1M	-951	0.00	111.33	0	0	826	52
2024-12-04	$40.24	$30.00	41.2%	11.8%	29.9%	27.1%	0.0%	2.1%	-12.3%	12.7K	-3.1M	-1.2K	0.00	115.17	0	10	827	52
2024-12-05	$39.89	$25.00	32.4%	10.1%	25.6%	16.9%	0.0%	7.2%	1.4%	11.6K	-3.0M	-1.3K	0.00	108.60	1	0	827	62
2024-12-06	$39.52	$25.00	48.3%	11.0%	25.7%	35.3%	0.0%	6.6%	-2.5%	12.9K	-3.0M	-1.4K	0.00	109.47	16	0	827	62
2024-12-09	$40.02	$25.00	46.1%	10.9%	26.0%	32.9%	0.0%	-0.8%	-3.4%	12.2K	-3.0M	-1.5K	0.00	105.00	19	0	833	62
2024-12-10	$39.85	$25.00	57.9%	11.1%	25.6%	46.5%	0.0%	6.8%	-7.3%	14.4K	-3.0M	-1.7K	0.00	109.82	0	0	843	62
2024-12-11	$40.16	$25.00	42.1%	12.1%	25.3%	28.1%	0.0%	3.0%	-0.5%	13.9K	-3.0M	-1.9K	0.00	109.22	5	0	843	62
2024-12-12	$39.78	$25.00	28.8%	8.2%	23.9%	12.6%	28.8%	2.8%	8.1%	14.5K	-3.0M	-1.7K	0.00	105.64	4	0	844	62
2024-12-13	$40.36	$25.00	41.7%	12.0%	24.1%	27.7%	0.0%	6.8%	-2.4%	13.7K	-3.1M	-1.9K	0.00	111.52	0	0	845	62
2024-12-16	$40.95	$25.00	36.4%	10.4%	24.2%	21.5%	0.0%	-2.0%	1.4%	12.5K	-3.2M	-1.6K	0.00	107.60	2	0	845	62
2024-12-17	$40.78	$25.00	32.7%	9.4%	23.5%	17.2%	37.0%	-0.7%	-1.0%	12.7K	-3.2M	-1.6K	0.00	110.25	0	1	845	62
2024-12-18	$39.95	$25.00	43.7%	12.5%	24.9%	30.1%	0.0%	5.0%	-0.8%	12.7K	-3.1M	-1.4K	0.00	105.70	3	0	845	63
2024-12-19	$40.01	$25.00	42.2%	12.1%	23.6%	28.3%	0.0%	7.9%	-3.7%	14.3K	-3.1M	-1.7K	0.20	103.61	10	2	847	63
2024-12-20	$40.42	$25.00	32.3%	9.3%	22.7%	16.8%	34.6%	4.3%	7.3%	14.0K	-3.2M	-1.8K	0.00	102.52	12	0	859	65
2024-12-23	$40.00	$25.00	33.3%	9.6%	23.1%	18.0%	34.0%	2.4%	4.6%	14.4K	-2.9M	-1.7K	0.05	102.64	42	2	809	62
2024-12-24	$40.09	$25.00	39.4%	11.3%	18.0%	25.1%	45.4%	5.1%	-2.7%	14.1K	-3.1M	-1.9K	0.50	105.17	2	1	849	64
2024-12-26	$40.50	$25.00	27.4%	7.9%	16.7%	11.1%	32.5%	3.1%	10.5%	14.0K	-3.1M	-1.8K	0.56	100.47	16	9	850	65
2024-12-27	$39.84	$25.00	36.5%	10.5%	16.5%	21.7%	23.4%	7.7%	-1.8%	12.7K	-3.0M	-1.4K	0.00	95.66	4	0	835	74
2024-12-30	$39.87	$25.00	39.1%	11.2%	16.4%	24.7%	0.0%	-14.8%	-7.9%	13.7K	-3.0M	-1.7K	0.00	98.66	5	0	836	74
2024-12-31	$39.97	$25.00	33.0%	9.5%	16.3%	17.6%	44.6%	4.9%	6.9%	15.0K	-3.0M	-1.8K	0.00	108.47	0	1	841	74