CTRE Options History — March 2019

In March 2019, CTRE traded between $22.28 and $23.95. ATM implied volatility averaged 18.1%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 0.9% (HV 20d: 19.0%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2019-03-20: Highest Volume — 413 contracts
2019-03-18: Largest IV spike — 75.1% change
2019-03-27: Highest IV Rank — 13.1%
2019-03-25: Largest Expected Move — 6.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.34	$22.28	$23.95	$22.28	$23.42
Max Pain	$21.00	$17.50	$22.50	$20.00	$22.50
ATM IV	18.1%	11.1%	22.3%	17.9%	13.5%
Expected Move	5.7%	4.8%	6.5%	5.1%	6.0%
HV 20d	19.0%	14.2%	22.8%	22.8%	17.7%
HV 60d	24.6%	20.8%	26.7%	26.7%	20.8%
IV Rank	7.7%	0.0%	13.1%	6.6%	2.8%
IV Percentile	20.9%	0.0%	45.6%	12.7%	2.0%
Term Structure	2.5%	-3.1%	10.8%	1.1%	7.6%
VWIV	20.5%	17.3%	25.9%	17.9%	20.5%
Skew 25d	4.0%	-1.5%	8.4%	-1.1%	-1.5%
Skew 10d	1.6%	-6.8%	10.6%	-3.7%	-2.9%
Call IV 25d	16.1%	11.1%	21.8%	21.8%	16.4%
Put IV 25d	20.0%	14.8%	23.7%	20.7%	14.8%
Bid-Ask Spread %	90.47	68.68	113.71	86.63	95.48
Gamma HHI	0.69	0.47	0.97	0.96	0.71
Net GEX	185.7K	10.8K	600.0K	510.4K	13.0K
Net DEX	-2.7M	-5.6M	-662.2K	-2.4M	-743.9K
Net VEX	-3.3K	-5.4K	-2.3K	-5.4K	-2.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.02	1.84	0.58	0.57
Total Volume	121.143	29	413	52	63
Total OI	1,991.19	962	2,905	2,694	1,019

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
2019-03-01	$22.28	$20.00	17.9%	5.1%	22.8%	6.6%	17.9%	-1.1%	1.1%	510.4K	-2.4M	-5.4K	0.58	86.63	33	19	2,521	173
2019-03-04	$22.30	$20.00	20.3%	5.8%	22.4%	9.4%	20.3%	6.8%	1.9%	508.2K	-2.4M	-5.0K	0.26	68.68	23	6	2,522	183
2019-03-05	$22.64	$22.50	19.7%	5.6%	22.6%	8.7%	19.8%	2.8%	1.1%	558.9K	-3.3M	-5.0K	0.26	74.56	43	11	2,542	184
2019-03-06	$22.74	$22.50	19.1%	5.5%	22.6%	8.0%	19.1%	5.3%	1.5%	594.8K	-3.6M	-4.7K	0.53	78.05	62	33	2,554	184
2019-03-07	$22.88	$22.50	18.0%	5.2%	22.3%	6.7%	17.3%	4.3%	1.1%	600.0K	-4.0M	-4.3K	0.66	81.46	50	33	2,559	194
2019-03-08	$23.22	$22.50	16.7%	4.8%	21.1%	5.2%	19.2%	4.8%	0.8%	291.1K	-5.2M	-2.7K	1.00	84.49	120	120	2,580	191
2019-03-11	$23.55	$17.50	20.3%	5.6%	21.2%	9.4%	19.6%	7.3%	0.9%	43.6K	-5.5M	-2.3K	0.17	86.62	78	13	2,593	285
2019-03-12	$23.71	$17.50	20.3%	5.8%	20.7%	9.4%	21.7%	0.3%	-0.1%	223.0K	-5.0M	-3.0K	0.02	86.57	53	1	2,571	296
2019-03-13	$23.94	$17.50	11.1%	5.0%	15.1%	0.0%	25.9%	8.4%	7.2%	142.2K	-5.5M	-2.4K	0.02	84.75	55	1	2,569	297
2019-03-14	$23.95	$17.50	14.0%	5.1%	15.2%	3.4%	17.5%	1.1%	0.2%	120.5K	-5.6M	-2.3K	0.03	84.56	109	3	2,608	297
2019-03-15	$23.88	$17.50	11.7%	5.1%	14.2%	0.7%	21.5%	4.0%	5.7%	25.7K	-4.4M	-2.8K	0.04	97.90	78	3	2,162	298
2019-03-18	$23.38	$0.00	20.4%	6.1%	16.7%	10.8%	21.4%	6.8%	0.7%	20.8K	-859.7K	-2.5K	0.19	113.71	79	15	682	280
2019-03-19	$23.11	$22.50	20.9%	6.2%	16.8%	11.4%	21.3%	3.0%	0.6%	20.6K	-812.9K	-2.8K	0.31	98.08	126	39	719	293
2019-03-20	$23.23	$22.50	20.2%	6.1%	16.8%	10.6%	21.2%	3.9%	0.9%	25.2K	-885.2K	-3.0K	0.40	96.02	294	119	757	318
2019-03-21	$23.85	$22.50	15.7%	5.3%	18.9%	5.3%	20.8%	7.0%	5.5%	36.5K	-1.3M	-3.1K	1.09	96.13	111	121	848	411
2019-03-22	$23.55	$22.50	20.1%	6.0%	19.2%	10.5%	20.8%	3.9%	1.0%	39.0K	-1.2M	-3.3K	1.07	96.69	113	121	876	413
2019-03-25	$23.78	$22.50	19.6%	6.5%	18.1%	9.9%	25.4%	7.2%	10.8%	38.4K	-1.3M	-3.1K	1.84	100.36	19	35	872	413
2019-03-26	$23.64	$22.50	21.2%	6.0%	18.3%	11.8%	19.7%	4.3%	0.0%	39.0K	-1.2M	-3.1K	0.95	95.59	37	35	872	411
2019-03-27	$23.60	$22.50	22.3%	6.1%	17.7%	13.1%	20.1%	1.8%	-3.1%	38.1K	-1.2M	-3.1K	0.36	97.21	98	35	855	411
2019-03-28	$23.44	$22.50	17.1%	6.0%	17.9%	7.0%	20.5%	3.3%	6.8%	10.8K	-662.2K	-2.6K	0.25	96.26	110	27	591	411
2019-03-29	$23.42	$22.50	13.5%	6.0%	17.7%	2.8%	20.5%	-1.5%	7.6%	13.0K	-743.9K	-2.5K	0.57	95.48	40	23	609	410