CSV Options History — August 2025

In August 2025, CSV traded between $43.72 and $48.48. ATM implied volatility averaged 42.8%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 19.0% (HV 20d: 23.8%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.95.

Notable Days

2025-08-08: Highest Volume — 33 contracts
2025-08-13: Largest IV drop — 54.6% change
2025-08-05: Highest IV Rank — 82.4%
2025-08-01: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.88	$43.72	$48.48	$45.34	$43.75
Max Pain	$45.00	$45.00	$45.00	$45.00	$45.00
ATM IV	42.8%	25.4%	77.4%	54.1%	34.3%
Expected Move	10.0%	7.3%	15.5%	15.5%	9.8%
HV 20d	23.8%	17.2%	27.5%	17.6%	27.1%
HV 60d	20.7%	19.5%	21.8%	19.6%	21.4%
IV Rank	34.6%	10.4%	82.4%	50.2%	22.7%
IV Percentile	50.0%	7.5%	99.2%	87.7%	31.0%
Term Structure	-0.2%	-13.7%	11.3%	-12.8%	-8.3%
VWIV	25.8%	17.9%	35.7%	25.6%	26.3%
Skew 25d	1.9%	-14.6%	17.4%	12.3%	-11.6%
Skew 10d	6.6%	-15.5%	39.7%	11.3%	-5.1%
Call IV 25d	31.7%	23.8%	55.7%	53.6%	33.5%
Put IV 25d	33.6%	19.8%	65.9%	65.9%	21.9%
Bid-Ask Spread %	102.36	86.59	120.21	105.48	104.85
Gamma HHI	0.32	0.27	0.51	0.32	0.33
Net GEX	3.0K	-7.2K	6.2K	-1.3K	6.1K
Net DEX	-616.9K	-757.6K	-496.7K	-496.7K	-600.2K
Net VEX	-1.2K	-1.5K	-982	-1.5K	-982
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.95	0.00	19.00	1.00	5.00
Total Volume	7.19	0	33	2	12
Total OI	269.19	229	313	298	234

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
2025-08-01	$45.34	$45.00	54.1%	15.5%	17.6%	50.2%	0.0%	12.3%	-12.8%	-1.3K	-496.7K	-1.5K	0.00	105.48	0	2	204	94
2025-08-04	$45.28	$45.00	67.6%	12.0%	17.2%	68.9%	25.6%	10.5%	-2.5%	-767	-507.4K	-1.5K	1.00	104.60	1	1	204	96
2025-08-05	$45.49	$45.00	77.4%	11.0%	17.2%	82.4%	0.0%	17.4%	0.4%	-265	-510.8K	-1.5K	0.00	110.05	0	1	205	97
2025-08-06	$46.45	$45.00	73.2%	14.1%	18.8%	76.6%	0.0%	-11.2%	-13.7%	-494	-544.6K	-1.5K	0.42	120.21	12	5	205	98
2025-08-07	$47.81	$45.00	42.9%	9.1%	21.2%	34.6%	0.0%	3.3%	5.4%	2.1K	-698.9K	-1.4K	1.30	115.66	10	13	217	96
2025-08-08	$48.48	$45.00	50.7%	8.8%	20.6%	45.5%	0.0%	-1.6%	8.8%	3.4K	-753.3K	-1.1K	0.10	116.53	30	3	211	85
2025-08-11	$47.31	$45.00	55.6%	9.8%	22.3%	52.2%	0.0%	0.7%	3.2%	1.5K	-682.7K	-1.1K	0.00	108.95	1	0	212	82
2025-08-12	$48.41	$45.00	55.8%	8.9%	22.7%	52.5%	0.0%	4.5%	4.8%	6.2K	-757.6K	-990	0.00	100.99	0	0	211	82
2025-08-13	$48.15	$45.00	25.4%	7.3%	22.5%	10.4%	17.9%	-7.5%	8.6%	3.1K	-727.0K	-1.0K	0.00	104.88	0	3	211	82
2025-08-14	$46.41	$45.00	29.3%	8.4%	26.3%	15.8%	35.7%	2.6%	1.1%	-7.2K	-642.6K	-1.0K	19.00	101.44	1	19	211	83
2025-08-15	$45.96	$45.00	33.9%	9.7%	26.4%	22.2%	0.0%	7.2%	-0.5%	4.7K	-661.3K	-1.1K	0.50	105.94	4	2	212	98
2025-08-18	$45.63	$45.00	28.2%	8.1%	26.5%	14.3%	0.0%	0.3%	1.1%	4.4K	-606.2K	-995	0.00	91.37	1	0	184	45
2025-08-19	$45.80	$45.00	28.7%	8.2%	26.2%	14.9%	23.3%	4.1%	10.3%	4.5K	-617.9K	-1.0K	0.00	86.59	4	0	185	45
2025-08-20	$45.02	$45.00	35.7%	10.2%	26.1%	24.7%	0.0%	9.8%	-9.7%	4.6K	-601.6K	-1.0K	0.00	99.91	1	0	186	45
2025-08-21	$44.94	$45.00	31.0%	8.9%	26.0%	18.2%	0.0%	-1.8%	4.1%	5.0K	-590.3K	-1.0K	0.00	100.13	16	0	187	45
2025-08-22	$45.66	$45.00	27.4%	7.8%	26.4%	13.2%	26.3%	6.2%	11.3%	5.2K	-626.1K	-1.1K	0.00	88.48	3	0	193	45
2025-08-25	$44.58	$45.00	31.8%	9.1%	27.5%	19.3%	0.0%	10.8%	10.3%	5.6K	-589.2K	-1.1K	0.00	88.12	0	4	195	45
2025-08-26	$44.79	$45.00	38.1%	10.9%	26.9%	28.0%	0.0%	11.6%	-3.7%	5.5K	-594.5K	-1.1K	0.00	101.36	0	0	195	46
2025-08-27	$44.40	$45.00	37.6%	10.8%	27.1%	27.4%	0.0%	-13.2%	-11.7%	5.5K	-588.3K	-1.1K	0.00	96.32	0	0	195	46
2025-08-28	$43.72	$45.00	40.8%	11.7%	27.3%	31.8%	0.0%	-14.6%	-10.3%	5.7K	-558.6K	-1.0K	0.00	97.71	2	0	195	46
2025-08-29	$43.75	$45.00	34.3%	9.8%	27.1%	22.7%	0.0%	-11.6%	-8.3%	6.1K	-600.2K	-982	5.00	104.85	2	10	198	36