CTRE Options History — January 2019

In January 2019, CTRE traded between $17.81 and $21.99. ATM implied volatility averaged 25.3%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 4.6% (HV 20d: 30.0%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.30.

Notable Days

2019-01-30: Highest Volume — 284 contracts
2019-01-23: Largest IV spike — 35.2% change
2019-01-03: Highest IV Rank — 22.9%
2019-01-02: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.08	$17.81	$21.99	$17.81	$21.88
Max Pain	$17.62	$17.50	$20.00	$17.50	$20.00
ATM IV	25.3%	19.2%	31.9%	31.2%	27.1%
Expected Move	7.3%	5.5%	9.0%	9.0%	6.6%
HV 20d	30.0%	19.4%	34.7%	30.7%	19.4%
HV 60d	28.9%	28.3%	29.5%	29.3%	28.7%
IV Rank	15.3%	8.1%	22.9%	22.2%	17.3%
IV Percentile	49.7%	18.7%	75.8%	73.8%	61.5%
Term Structure	-0.5%	-4.3%	7.9%	-0.4%	-0.9%
VWIV	25.7%	15.2%	33.5%	33.5%	23.0%
Skew 25d	3.9%	-5.9%	8.5%	8.5%	5.1%
Skew 10d	3.9%	-9.3%	14.7%	12.1%	8.4%
Call IV 25d	23.1%	18.9%	29.0%	23.0%	21.2%
Put IV 25d	27.0%	21.5%	35.8%	31.5%	26.4%
Bid-Ask Spread %	93.26	76.77	113.04	87.07	95.38
Gamma HHI	0.82	0.49	1.00	0.61	0.55
Net GEX	109.2K	24.1K	442.5K	45.5K	48.9K
Net DEX	-998.9K	-2.2M	-362.1K	-362.1K	-944.6K
Net VEX	-2.1K	-2.9K	-1.7K	-1.9K	-2.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.30	0.00	0.85	0.70	0.17
Total Volume	129.333	18	284	73	278
Total OI	1,189.476	485	1,691	1,612	796

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
2019-01-02	$17.81	$17.50	31.2%	9.0%	30.7%	22.2%	33.5%	8.5%	-0.4%	45.5K	-362.1K	-1.9K	0.70	87.07	43	30	1,450	162
2019-01-03	$18.20	$17.50	31.9%	8.9%	31.3%	22.9%	25.3%	6.8%	-0.3%	58.0K	-473.8K	-2.1K	0.65	99.30	43	28	1,450	183
2019-01-04	$18.45	$17.50	27.8%	8.7%	32.0%	18.1%	27.6%	3.5%	-1.5%	66.0K	-551.9K	-2.2K	0.29	97.74	69	20	1,450	185
2019-01-07	$18.54	$17.50	24.5%	8.7%	31.2%	14.3%	0.0%	5.8%	-0.8%	51.5K	-550.0K	-1.9K	0.00	86.38	79	0	1,507	184
2019-01-08	$18.95	$17.50	28.2%	6.9%	32.5%	18.7%	29.9%	5.9%	0.9%	94.2K	-743.4K	-2.3K	0.40	97.99	45	18	1,506	184
2019-01-09	$19.45	$17.50	25.1%	7.2%	33.9%	15.0%	28.2%	7.3%	-1.5%	175.9K	-1.0M	-2.6K	0.12	96.48	154	18	1,503	174
2019-01-10	$19.79	$17.50	24.4%	7.0%	34.5%	14.1%	31.4%	8.4%	0.4%	281.2K	-1.4M	-2.9K	0.16	108.12	134	21	1,495	174
2019-01-11	$19.87	$17.50	24.2%	6.9%	34.4%	14.0%	25.6%	-0.7%	-0.1%	328.5K	-1.3M	-2.8K	0.09	91.50	203	19	1,440	179
2019-01-14	$19.90	$17.50	23.3%	6.7%	33.9%	12.8%	0.0%	1.3%	0.1%	442.5K	-1.3M	-2.5K	0.43	113.04	46	20	1,391	180
2019-01-15	$20.32	$17.50	24.5%	7.0%	34.7%	14.3%	0.0%	3.1%	-0.8%	242.5K	-2.0M	-2.3K	0.22	98.10	107	24	1,371	182
2019-01-16	$20.55	$17.50	24.7%	7.1%	32.3%	14.5%	24.7%	4.1%	-0.8%	129.2K	-2.2M	-2.1K	0.31	96.90	112	35	1,294	182
2019-01-17	$20.65	$17.50	23.7%	6.8%	31.9%	13.3%	21.7%	4.1%	-0.2%	100.5K	-2.0M	-2.0K	0.14	104.17	242	35	1,207	174
2019-01-18	$20.21	$17.50	23.1%	6.6%	31.8%	12.7%	23.6%	0.2%	-0.5%	27.0K	-1.7M	-1.8K	0.33	103.02	106	35	1,079	174
2019-01-22	$20.02	$17.50	19.2%	5.5%	31.8%	8.1%	15.2%	1.9%	7.9%	28.4K	-452.6K	-1.8K	0.13	96.05	47	6	450	35
2019-01-23	$20.52	$17.50	25.9%	7.4%	31.5%	16.0%	25.9%	3.1%	-3.1%	28.2K	-529.9K	-1.8K	0.50	87.03	12	6	455	41
2019-01-24	$20.73	$17.50	24.6%	7.1%	26.0%	14.4%	23.5%	4.8%	-0.0%	27.3K	-582.7K	-1.7K	0.85	82.61	33	28	455	42
2019-01-25	$21.05	$17.50	24.6%	7.1%	25.3%	14.4%	22.8%	7.4%	1.7%	27.1K	-631.3K	-1.8K	0.59	82.99	54	32	469	51
2019-01-28	$21.35	$17.50	22.3%	6.4%	24.2%	11.7%	24.6%	4.2%	-3.0%	24.1K	-637.7K	-1.7K	0.04	78.66	111	4	447	53
2019-01-29	$21.55	$17.50	25.2%	7.2%	22.9%	15.1%	25.7%	3.3%	-4.3%	33.5K	-746.1K	-1.9K	0.03	76.77	131	4	552	53
2019-01-30	$21.99	$17.50	26.8%	7.7%	23.2%	17.0%	30.5%	-5.9%	-3.6%	32.5K	-830.0K	-1.8K	0.16	79.25	245	39	556	64
2019-01-31	$21.88	$20.00	27.1%	6.6%	19.4%	17.3%	23.0%	5.1%	-0.9%	48.9K	-944.6K	-2.4K	0.17	95.38	238	40	731	65