CSV Options History — June 2025

In June 2025, CSV traded between $43.53 and $46.26. ATM implied volatility averaged 34.1%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 14.1% (HV 20d: 19.9%). Max pain ranged from $25.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.29.

Notable Days

2025-06-20: Highest Volume — 140 contracts
2025-06-11: Largest IV drop — 38.9% change
2025-06-10: Highest IV Rank — 40.7%
2025-06-04: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.64	$43.53	$46.26	$43.53	$45.80
Max Pain	$27.25	$25.00	$40.00	$40.00	$25.00
ATM IV	34.1%	25.4%	47.3%	41.5%	27.8%
Expected Move	9.1%	7.3%	12.0%	11.9%	8.0%
HV 20d	19.9%	16.9%	23.0%	23.0%	19.5%
HV 60d	24.7%	24.1%	25.2%	25.1%	24.7%
IV Rank	22.4%	10.4%	40.7%	32.7%	13.8%
IV Percentile	27.4%	7.5%	66.7%	53.6%	12.3%
Term Structure	2.4%	-12.0%	14.3%	-5.6%	8.0%
VWIV	28.0%	18.1%	35.6%	30.3%	23.0%
Skew 25d	5.4%	-20.9%	51.1%	-11.1%	46.2%
Skew 10d	17.3%	-33.5%	92.6%	-3.4%	92.6%
Call IV 25d	29.0%	16.9%	49.7%	38.0%	20.3%
Put IV 25d	34.4%	24.4%	76.7%	26.9%	66.6%
Bid-Ask Spread %	104.07	95.99	110.28	106.62	106.14
Gamma HHI	0.44	0.34	0.56	0.34	0.56
Net GEX	23.1K	20.1K	27.4K	20.1K	23.2K
Net DEX	-1.5M	-1.8M	-1.2M	-1.6M	-1.3M
Net VEX	-1.6K	-2.0K	-1.2K	-1.5K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.00	2.00	0.00	0.00
Total Volume	14.3	0	140	22	1
Total OI	437.4	355	501	463	360

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
2025-06-02	$43.53	$40.00	41.5%	11.9%	23.0%	32.7%	0.0%	-11.1%	-5.6%	20.1K	-1.6M	-1.5K	0.00	106.62	22	0	456	7
2025-06-03	$43.84	$40.00	33.5%	9.6%	21.8%	21.7%	0.0%	-10.8%	-5.8%	22.0K	-1.7M	-1.7K	0.00	110.28	0	0	478	7
2025-06-04	$44.70	$40.00	41.9%	12.0%	21.9%	33.2%	0.0%	-20.9%	-12.0%	23.3K	-1.8M	-1.7K	0.00	95.99	5	0	478	7
2025-06-05	$44.70	$25.00	35.5%	8.7%	21.8%	24.4%	30.3%	-8.5%	6.6%	23.5K	-1.8M	-1.8K	0.00	106.00	3	0	483	7
2025-06-06	$44.89	$25.00	33.1%	8.4%	21.8%	21.1%	29.5%	-0.7%	5.8%	23.8K	-1.8M	-1.7K	0.00	102.99	0	2	484	7
2025-06-09	$45.23	$25.00	44.2%	7.7%	21.8%	36.4%	0.0%	9.2%	6.9%	24.2K	-1.8M	-1.6K	0.00	98.41	16	0	484	9
2025-06-10	$45.50	$25.00	47.3%	8.2%	21.8%	40.7%	18.1%	10.6%	1.6%	24.5K	-1.8M	-2.0K	0.00	97.68	21	0	492	9
2025-06-11	$44.64	$25.00	28.9%	8.3%	22.5%	15.2%	31.2%	6.4%	7.3%	23.9K	-1.7M	-1.8K	0.00	103.95	43	0	473	9
2025-06-12	$44.96	$25.00	32.0%	9.2%	21.1%	19.6%	0.0%	9.1%	-1.4%	24.6K	-1.5M	-1.9K	0.00	105.75	0	0	432	9
2025-06-13	$44.03	$25.00	33.6%	9.6%	19.2%	21.8%	0.0%	4.3%	1.1%	23.2K	-1.5M	-1.7K	0.00	105.58	0	0	432	9
2025-06-16	$44.11	$25.00	30.9%	8.9%	17.9%	18.0%	0.0%	-3.2%	3.0%	27.4K	-1.4M	-2.0K	0.00	104.02	21	0	432	9
2025-06-17	$44.00	$25.00	32.3%	9.3%	17.8%	19.9%	25.5%	4.3%	2.8%	24.8K	-1.5M	-1.7K	0.00	104.12	1	0	451	9
2025-06-18	$44.48	$25.00	34.4%	9.9%	18.0%	22.9%	0.0%	-1.4%	1.3%	24.8K	-1.6M	-1.6K	0.00	108.44	1	0	451	9
2025-06-20	$43.70	$25.00	32.4%	9.3%	18.3%	20.1%	0.0%	5.8%	1.7%	20.2K	-1.5M	-1.5K	0.00	102.14	140	0	452	9
2025-06-23	$44.39	$25.00	30.8%	8.8%	18.1%	17.8%	31.0%	7.0%	4.8%	22.0K	-1.2M	-1.2K	2.00	101.39	1	2	350	5
2025-06-24	$44.33	$25.00	29.9%	8.6%	18.2%	16.6%	35.6%	-1.8%	5.2%	20.9K	-1.2M	-1.4K	0.00	101.78	3	0	351	7
2025-06-25	$44.43	$25.00	32.8%	9.4%	16.9%	20.6%	0.0%	-1.9%	-0.4%	20.8K	-1.2M	-1.4K	0.00	107.20	0	0	352	8
2025-06-26	$45.31	$25.00	33.0%	9.5%	18.0%	20.9%	0.0%	51.1%	2.8%	21.1K	-1.2M	-1.3K	0.00	107.68	0	1	352	8
2025-06-27	$46.26	$25.00	25.4%	7.3%	19.2%	10.4%	23.0%	15.1%	14.3%	22.6K	-1.3M	-1.3K	2.00	105.30	1	2	352	9
2025-06-30	$45.80	$25.00	27.8%	8.0%	19.5%	13.8%	0.0%	46.2%	8.0%	23.2K	-1.3M	-1.4K	0.00	106.14	1	0	353	7