CTRE Options History — May 2018

In May 2018, CTRE traded between $13.49 and $16.51. ATM implied volatility averaged 35.4%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 4.6% (HV 20d: 30.8%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2018-05-31: Highest Volume — 218 contracts
2018-05-25: Largest IV spike — 154.8% change
2018-05-29: Highest IV Rank — 49.3%
2018-05-29: Largest Expected Move — 27.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.09	$13.49	$16.51	$13.66	$16.51
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	35.4%	21.8%	97.0%	37.8%	29.4%
Expected Move	9.6%	5.5%	27.8%	10.8%	8.4%
HV 20d	30.8%	23.3%	35.6%	25.4%	29.0%
HV 60d	29.9%	26.7%	32.2%	28.7%	26.7%
IV Rank	13.9%	6.1%	49.3%	15.3%	10.0%
IV Percentile	69.4%	32.5%	99.2%	90.9%	72.6%
Term Structure	-6.8%	-66.7%	48.0%	-5.9%	-10.8%
VWIV	49.7%	20.1%	160.3%	34.1%	132.1%
Skew 25d	2.1%	-5.9%	17.2%	12.1%	1.8%
Skew 10d	1.7%	-9.1%	12.6%	12.6%	-1.7%
Call IV 25d	28.0%	13.5%	41.1%	28.3%	30.9%
Put IV 25d	30.1%	22.0%	40.4%	40.4%	32.8%
Bid-Ask Spread %	115.57	105.14	122.36	110.79	118.65
Gamma HHI	0.55	0.42	0.69	0.46	0.56
Net GEX	4.9K	2.0K	13.2K	2.1K	13.2K
Net DEX	-127.2K	-330.0K	-35.1K	-35.1K	-330.0K
Net VEX	-403	-1.3K	-205	-205	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.05	0.61	0.50	0.05
Total Volume	100.364	65	218	75	218
Total OI	179.773	123	396	123	396

Daily Data (22 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
2018-05-01	$13.66	$12.50	37.8%	10.8%	25.4%	15.3%	34.1%	12.1%	-5.9%	2.1K	-35.1K	-205	0.50	110.79	50	25	106	17
2018-05-02	$13.49	$12.50	39.6%	11.4%	23.3%	16.4%	39.4%	-3.6%	-14.0%	2.0K	-36.4K	-227	0.61	111.93	41	25	106	17
2018-05-03	$13.62	$12.50	32.2%	8.5%	23.5%	12.1%	28.9%	9.4%	-5.1%	2.0K	-36.3K	-220	0.52	111.83	48	25	107	17
2018-05-04	$13.73	$12.50	40.3%	8.8%	23.4%	16.8%	29.8%	13.7%	-8.4%	2.5K	-40.8K	-219	0.52	106.81	48	25	117	17
2018-05-07	$14.08	$12.50	26.6%	5.5%	24.8%	8.9%	30.8%	17.2%	8.8%	2.7K	-47.3K	-220	0.58	105.50	43	25	117	17
2018-05-08	$14.04	$12.50	38.5%	5.7%	24.2%	15.7%	27.9%	4.6%	4.0%	2.9K	-58.3K	-293	0.59	105.14	41	24	123	17
2018-05-09	$15.14	$12.50	25.7%	7.4%	35.4%	8.4%	25.5%	-3.4%	-3.1%	3.8K	-96.7K	-258	0.30	117.47	81	24	125	17
2018-05-10	$15.29	$12.50	26.5%	7.6%	34.8%	8.9%	26.2%	-2.5%	-4.3%	4.5K	-106.3K	-272	0.42	118.46	57	24	134	16
2018-05-11	$15.10	$12.50	21.8%	6.2%	35.5%	6.1%	21.6%	-5.9%	-1.0%	4.3K	-98.4K	-292	0.42	122.09	57	24	137	16
2018-05-14	$15.12	$12.50	23.6%	6.8%	35.4%	7.2%	23.5%	-5.0%	-3.0%	4.7K	-100.0K	-283	0.46	118.81	52	24	137	16
2018-05-15	$15.01	$12.50	23.3%	6.7%	35.6%	7.0%	24.7%	1.4%	-1.5%	4.4K	-94.2K	-286	0.48	118.47	52	25	136	16
2018-05-16	$15.30	$12.50	24.9%	7.1%	35.6%	8.0%	25.0%	-5.9%	-2.4%	4.2K	-102.7K	-291	0.48	121.09	52	25	136	17
2018-05-17	$15.17	$12.50	22.0%	6.3%	34.4%	6.3%	20.1%	-2.4%	4.4%	3.9K	-98.3K	-280	0.46	111.61	54	25	136	17
2018-05-18	$15.29	$12.50	26.0%	7.4%	33.2%	8.5%	25.8%	3.9%	-2.4%	3.4K	-117.1K	-313	0.46	108.14	54	25	146	17
2018-05-21	$15.46	$12.50	26.7%	7.7%	32.4%	9.0%	26.5%	2.7%	-5.8%	3.9K	-115.5K	-305	0.31	115.38	78	24	134	16
2018-05-22	$15.50	$12.50	30.4%	8.7%	32.4%	11.1%	30.2%	-2.4%	-6.4%	5.1K	-150.9K	-453	0.30	120.15	79	24	173	16
2018-05-23	$15.86	$12.50	31.1%	8.9%	32.6%	11.5%	30.3%	-2.6%	-3.9%	5.7K	-168.0K	-437	0.09	117.50	128	12	173	15
2018-05-24	$15.95	$12.50	35.9%	10.3%	32.6%	14.2%	35.6%	3.9%	48.0%	7.7K	-216.5K	-559	0.09	117.28	128	12	211	15
2018-05-25	$16.00	$12.50	91.4%	26.2%	32.0%	46.1%	138.4%	4.5%	-57.9%	8.2K	-233.7K	-653	0.16	121.02	76	12	236	15
2018-05-29	$16.24	$12.50	97.0%	27.8%	31.4%	49.3%	156.1%	0.9%	-66.7%	7.3K	-230.0K	-643	0.08	122.36	145	12	237	15
2018-05-30	$16.41	$12.50	27.7%	7.9%	30.0%	9.1%	160.3%	4.0%	-11.0%	9.8K	-287.0K	-858	0.06	121.99	174	11	291	15
2018-05-31	$16.51	$12.50	29.4%	8.4%	29.0%	10.0%	132.1%	1.8%	-10.8%	13.2K	-330.0K	-1.3K	0.05	118.65	207	11	381	15