CTRE Options History — August 2018

In August 2018, CTRE traded between $16.92 and $18.49. ATM implied volatility averaged 18.9%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 3.7% (HV 20d: 22.6%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 0.77.

Notable Days

  • 2018-08-03: Highest Volume — 167 contracts
  • 2018-08-14: Largest IV spike — 157.2% change
  • 2018-08-14: Highest IV Rank — 20.8%
  • 2018-08-01: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.98$16.92$18.49$16.92$18.43
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV18.9%12.3%47.9%28.3%16.8%
Expected Move5.1%4.3%8.1%8.1%4.8%
HV 20d22.6%13.4%26.3%21.0%13.4%
HV 60d19.6%19.0%23.3%23.3%19.1%
IV Rank4.0%0.2%20.8%9.5%2.8%
IV Percentile14.0%0.4%93.7%66.3%7.1%
Term Structure2.0%-6.9%6.7%-6.9%3.6%
VWIV18.6%15.4%28.9%28.9%17.9%
Skew 25d1.6%-10.9%8.8%1.1%-0.3%
Skew 10d18.8%-15.4%79.1%-2.5%-3.1%
Call IV 25d19.5%15.0%30.9%30.9%20.1%
Put IV 25d21.1%16.2%32.0%32.0%19.8%
Bid-Ask Spread %101.3066.89118.81111.3588.68
Gamma HHI0.650.520.830.740.53
Net GEX22.2K17.7K33.6K17.7K21.3K
Net DEX-416.8K-506.9K-237.4K-237.4K-498.2K
Net VEX-1.4K-1.5K-1.3K-1.4K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.331.380.330.66
Total Volume111.2179516715696
Total OI588554611565594

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$16.92$17.5028.3%8.1%21.0%9.5%28.9%1.1%-6.9%17.7K-237.4K-1.4K0.33111.351173947590
2018-08-02$16.97$17.5020.0%5.7%21.0%4.7%20.5%4.7%-4.5%24.5K-261.2K-1.4K0.63113.85654151590
2018-08-03$17.70$17.5015.7%4.5%25.9%2.2%15.4%-10.9%0.7%33.6K-418.6K-1.5K0.33117.881264151893
2018-08-06$17.87$17.5018.5%4.8%25.8%3.8%16.7%3.5%1.7%25.3K-411.6K-1.4K0.6466.89724648693
2018-08-07$17.71$17.5012.3%4.8%26.1%0.2%16.7%3.9%1.3%25.3K-376.2K-1.4K0.7373.56634648198
2018-08-08$17.64$17.5015.2%4.8%25.8%1.9%16.7%0.9%0.8%26.0K-351.6K-1.4K0.8197.50574648298
2018-08-09$17.73$17.5013.6%4.8%25.5%1.0%16.8%0.9%1.1%25.5K-384.9K-1.4K0.9084.08615548298
2018-08-10$17.60$17.5017.3%4.8%25.2%3.1%16.6%0.8%1.2%23.7K-334.0K-1.4K0.9092.416155482112
2018-08-13$17.51$17.5018.6%4.9%25.3%3.9%17.0%3.4%0.8%24.8K-306.9K-1.4K0.9079.106155482112
2018-08-14$17.91$17.5047.9%4.5%26.3%20.8%15.7%-0.5%2.7%21.2K-421.2K-1.4K1.1281.154955493112
2018-08-15$17.93$17.5018.1%5.2%26.2%3.6%18.1%2.0%0.5%20.3K-414.4K-1.4K1.12107.644955493111
2018-08-16$18.04$17.5016.9%4.9%23.9%2.9%17.0%8.8%1.9%20.8K-436.0K-1.3K1.3889.804055493111
2018-08-17$18.10$17.5015.1%4.3%22.3%1.8%16.5%0.6%5.2%18.6K-482.0K-1.3K1.12102.074955493111
2018-08-20$18.13$17.5016.8%4.8%22.1%2.8%17.0%0.1%2.0%18.8K-418.8K-1.3K0.73110.55634645897
2018-08-21$18.46$17.5019.3%5.5%22.1%4.2%22.0%5.4%3.1%19.1K-471.7K-1.3K0.56114.35824645797
2018-08-22$18.36$17.5016.9%4.8%22.4%2.8%22.0%-9.5%6.7%20.1K-455.0K-1.4K0.7097.63664647997
2018-08-23$18.36$17.5018.8%5.4%22.5%4.0%21.1%5.1%4.1%20.2K-467.0K-1.4K0.71115.80654648697
2018-08-24$18.40$17.5019.8%5.7%19.0%4.5%21.7%5.4%3.0%20.4K-472.5K-1.4K0.79116.72584648697
2018-08-27$18.26$17.5019.1%5.5%19.5%4.1%21.5%3.7%4.0%20.7K-460.1K-1.4K0.66115.34583849697
2018-08-28$18.49$17.5016.1%4.6%19.3%2.4%17.1%2.7%4.9%21.1K-498.5K-1.3K0.66118.81583849698
2018-08-29$18.49$17.5015.5%4.4%19.3%2.0%17.5%1.7%5.3%21.4K-506.9K-1.3K0.66118.81583849698
2018-08-30$18.45$17.5017.2%4.9%19.5%3.0%17.6%2.3%2.9%21.2K-501.1K-1.3K0.66115.89583849698
2018-08-31$18.43$17.5016.8%4.8%13.4%2.8%17.9%-0.3%3.6%21.3K-498.2K-1.3K0.6688.68583849698