CSV Options History — December 2025

In December 2025, CSV traded between $41.70 and $44.39. ATM implied volatility averaged 35.0%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 15.0% (HV 20d: 20.0%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-12-22: Highest Volume — 211 contracts
  • 2025-12-10: Largest IV drop — 58.1% change
  • 2025-12-09: Highest IV Rank — 68.4%
  • 2025-12-26: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.86$41.70$44.39$42.75$42.63
Max Pain$42.95$30.00$45.00$30.00$45.00
ATM IV35.0%25.5%63.7%40.6%26.6%
Expected Move9.1%7.3%12.3%11.6%7.6%
HV 20d20.0%17.0%27.0%26.9%17.0%
HV 60d26.1%22.2%27.8%27.8%22.2%
IV Rank24.6%10.3%68.4%33.2%11.9%
IV Percentile35.0%7.9%96.0%56.7%9.9%
Term Structure0.7%-20.5%18.9%-15.6%18.9%
VWIV25.3%20.0%28.5%28.5%26.8%
Skew 25d2.4%-24.3%24.4%-15.7%24.4%
Skew 10d8.7%-12.0%24.5%1.7%24.5%
Call IV 25d29.6%19.9%48.1%41.8%19.9%
Put IV 25d32.0%18.6%48.0%26.1%44.3%
Bid-Ask Spread %114.06106.23120.18116.81120.18
Gamma HHI0.830.690.900.870.69
Net GEX18.1K8.5K24.3K19.8K8.7K
Net DEX-335.2K-520.5K-70.6K-431.8K-98.6K
Net VEX-2.2K-2.8K-935-2.7K-984
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume11.5021100
Total OI272.682166322306168

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-12-01$42.75$30.0040.6%11.6%26.9%33.2%0.0%-15.7%-15.6%19.8K-431.8K-2.7K0.00116.810027531
2025-12-02$42.06$30.0035.3%10.1%27.0%25.1%0.0%-24.3%-7.6%18.8K-396.6K-2.7K0.00116.600027531
2025-12-03$42.37$30.0037.0%10.6%25.8%27.7%0.0%-22.9%-20.5%19.7K-396.6K-2.7K0.00117.530027531
2025-12-04$42.06$45.0050.8%10.9%25.5%48.8%0.0%12.5%-2.2%20.8K-368.7K-2.6K0.00114.280027531
2025-12-05$41.70$45.0036.4%8.3%18.8%26.8%0.0%-4.1%-8.7%19.8K-362.9K-2.6K0.00115.550027531
2025-12-08$41.95$45.0051.9%10.2%18.2%50.4%0.0%11.5%2.4%19.5K-373.2K-2.5K0.00114.490027531
2025-12-09$41.88$45.0063.7%7.9%17.8%68.4%0.0%-3.4%6.9%20.1K-368.1K-2.5K0.00114.520027531
2025-12-10$42.59$45.0026.7%7.7%18.2%12.1%0.0%5.9%7.3%20.9K-350.7K-2.5K0.00112.110027531
2025-12-11$43.54$45.0028.6%8.2%19.2%15.0%28.5%7.3%6.5%21.1K-431.0K-2.6K0.00110.8015027531
2025-12-12$43.88$45.0027.6%7.9%19.3%13.5%25.6%-3.3%7.5%22.8K-520.5K-2.8K0.00106.950628531
2025-12-15$44.39$45.0029.1%8.3%19.3%15.7%0.0%-2.2%4.9%23.6K-509.1K-2.8K0.00112.910028537
2025-12-16$44.00$45.0028.2%8.1%19.1%14.3%0.0%2.0%2.9%24.3K-513.2K-2.7K0.00107.830028537
2025-12-17$43.37$45.0025.7%7.4%19.9%10.5%0.0%7.8%5.6%23.4K-475.7K-2.7K0.00110.580028537
2025-12-18$43.74$45.0026.9%7.7%19.9%12.4%0.0%-9.4%-0.6%22.9K-486.0K-2.7K0.00106.230028537
2025-12-19$43.15$45.0026.5%7.6%20.8%11.7%0.0%3.7%2.6%22.1K-434.8K-2.6K0.00111.220028537
2025-12-22$43.03$45.0029.2%8.4%18.2%15.9%20.0%-7.3%0.6%24.0K-402.4K-2.5K0.00110.09210128436
2025-12-23$42.82$45.0025.5%7.3%18.1%10.3%0.0%14.4%8.2%10.6K-103.8K-1.0K0.00118.190013036
2025-12-24$42.47$45.0040.1%11.5%17.3%32.5%26.8%14.5%-3.4%8.7K-90.3K-1.0K0.00117.4120013036
2025-12-26$42.36$45.0043.0%12.3%17.3%36.9%0.0%16.0%-7.3%8.5K-70.6K-9580.00119.280013036
2025-12-29$43.05$45.0035.1%10.1%18.0%24.9%0.0%5.5%4.3%8.7K-83.6K-9350.00116.781013036
2025-12-30$43.03$45.0034.4%9.9%17.7%23.8%0.0%19.1%2.4%9.0K-105.9K-9940.00118.930013136
2025-12-31$42.63$45.0026.6%7.6%17.0%11.9%0.0%24.4%18.9%8.7K-98.6K-9840.00120.180013137