CSV Options History — April 2025

In April 2025, CSV traded between $35.97 and $40.21. ATM implied volatility averaged 54.3%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded above realized volatility by 26.3% (HV 20d: 28.0%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.22.

Notable Days

2025-04-08: Highest Volume — 46 contracts
2025-04-04: Largest IV spike — 97.2% change
2025-04-07: Highest IV Rank — 77.4%
2025-04-08: Largest Expected Move — 20.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$38.59	$35.97	$40.21	$38.53	$39.84
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	54.3%	27.6%	84.5%	35.0%	61.9%
Expected Move	15.5%	10.8%	20.5%	11.7%	17.8%
HV 20d	28.0%	19.6%	33.3%	19.6%	32.6%
HV 60d	24.8%	21.3%	26.5%	21.3%	26.1%
IV Rank	42.4%	11.3%	77.4%	20.0%	51.2%
IV Percentile	73.3%	7.9%	98.0%	22.6%	93.3%
Term Structure	-9.6%	-27.4%	4.1%	-7.3%	-27.4%
VWIV	53.3%	48.6%	62.1%	55.7%	62.1%
Skew 25d	16.1%	-15.5%	33.7%	-15.5%	12.0%
Skew 10d	14.2%	-3.9%	33.0%	-3.9%	19.4%
Call IV 25d	41.3%	30.8%	54.5%	43.0%	54.5%
Put IV 25d	57.4%	27.5%	69.2%	27.5%	66.4%
Bid-Ask Spread %	101.31	91.20	109.61	101.33	98.98
Gamma HHI	0.27	0.24	0.33	0.25	0.26
Net GEX	7.7K	4.2K	9.8K	7.6K	8.6K
Net DEX	-1.4M	-1.6M	-1.2M	-1.5M	-1.4M
Net VEX	-1.5K	-2.1K	-987	-1.6K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.00	2.00	0.00	0.00
Total Volume	6.762	0	46	0	0
Total OI	542	467	587	569	494

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
2025-04-01	$38.53	$35.00	35.0%	11.7%	19.6%	20.0%	0.0%	-15.5%	-7.3%	7.6K	-1.5M	-1.6K	0.00	101.33	0	0	502	67
2025-04-02	$39.61	$35.00	27.6%	10.8%	20.8%	11.3%	0.0%	9.3%	-0.2%	7.9K	-1.6M	-1.4K	0.00	101.70	5	0	502	67
2025-04-03	$38.88	$35.00	32.5%	14.1%	21.9%	17.0%	0.0%	3.0%	-0.9%	9.5K	-1.4M	-2.1K	0.00	107.33	3	0	503	67
2025-04-04	$37.75	$35.00	64.1%	14.1%	23.9%	53.7%	0.0%	23.6%	3.6%	9.5K	-1.4M	-2.1K	0.50	109.61	2	1	502	67
2025-04-07	$36.63	$35.00	84.5%	19.4%	25.7%	77.4%	0.0%	13.6%	-15.8%	8.6K	-1.3M	-2.1K	0.00	108.87	20	0	500	67
2025-04-08	$35.97	$35.00	74.3%	20.5%	24.4%	65.6%	0.0%	22.0%	-21.3%	9.0K	-1.3M	-2.1K	0.00	103.81	46	0	520	67
2025-04-09	$36.76	$35.00	63.4%	18.2%	25.6%	53.0%	55.7%	11.7%	-17.7%	7.7K	-1.4M	-1.7K	0.29	103.51	7	2	506	67
2025-04-10	$36.58	$35.00	68.3%	19.6%	25.6%	58.7%	0.0%	23.5%	-18.2%	9.4K	-1.4M	-1.6K	0.00	108.80	0	0	513	70
2025-04-11	$37.60	$35.00	54.0%	15.5%	27.3%	42.0%	0.0%	25.9%	4.1%	9.8K	-1.4M	-2.1K	0.00	108.60	0	0	513	70
2025-04-14	$38.36	$35.00	53.9%	15.5%	28.2%	41.9%	0.0%	29.6%	1.5%	9.0K	-1.5M	-1.6K	0.00	107.72	0	0	513	70
2025-04-15	$39.00	$35.00	49.3%	14.1%	28.0%	36.6%	50.0%	23.7%	-4.8%	8.8K	-1.6M	-1.2K	0.00	95.20	7	0	513	70
2025-04-16	$38.84	$35.00	47.1%	13.5%	28.0%	34.0%	0.0%	17.7%	-5.4%	6.2K	-1.6M	-1.4K	0.00	100.29	0	0	508	70
2025-04-17	$39.58	$35.00	48.0%	13.8%	28.5%	35.1%	48.6%	20.8%	-4.0%	4.6K	-1.6M	-994	2.00	97.15	6	12	508	70
2025-04-21	$38.45	$35.00	54.3%	15.6%	30.5%	42.3%	51.5%	24.1%	-10.2%	5.9K	-1.2M	-1.4K	0.08	94.04	13	1	415	52
2025-04-22	$39.69	$35.00	50.9%	14.6%	32.4%	38.4%	51.7%	12.4%	-8.1%	4.2K	-1.4M	-1.1K	0.00	92.34	3	0	428	53
2025-04-23	$39.72	$35.00	50.1%	14.4%	32.3%	37.5%	0.0%	9.9%	-8.8%	8.1K	-1.4M	-1.3K	0.00	97.21	5	0	431	53
2025-04-24	$39.05	$35.00	60.1%	17.2%	32.8%	49.1%	0.0%	16.2%	-19.6%	7.1K	-1.3M	-1.3K	0.00	101.02	8	0	432	53
2025-04-25	$39.31	$35.00	49.8%	14.3%	32.8%	37.2%	0.0%	9.8%	-10.6%	6.5K	-1.4M	-1.0K	0.00	98.30	0	0	440	53
2025-04-28	$39.95	$35.00	50.7%	14.5%	33.3%	38.2%	0.0%	10.3%	-10.8%	5.2K	-1.4M	-987	0.00	100.59	0	0	440	53
2025-04-29	$40.21	$35.00	60.7%	17.4%	33.1%	49.8%	62.1%	33.7%	-19.7%	8.5K	-1.4M	-1.2K	0.00	91.20	1	0	440	53
2025-04-30	$39.84	$35.00	61.9%	17.8%	32.6%	51.2%	0.0%	12.0%	-27.4%	8.6K	-1.4M	-1.1K	0.00	98.98	0	0	441	53