CTRE Options History — March 2021

In March 2021, CTRE traded between $22.53 and $24.74. ATM implied volatility averaged 32.7%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 5.3% (HV 20d: 27.4%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-03-15: Highest Volume — 330 contracts
  • 2021-03-23: Largest IV spike — 61.4% change
  • 2021-03-03: Highest IV Rank — 17.3%
  • 2021-03-03: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.42$22.53$24.74$22.78$23.51
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV32.7%19.2%56.2%37.2%21.6%
Expected Move8.8%5.5%16.1%10.7%6.2%
HV 20d27.4%24.5%30.6%29.4%25.1%
HV 60d29.1%27.5%29.9%29.8%28.4%
IV Rank6.6%0.0%17.3%7.7%2.1%
IV Percentile19.6%0.0%70.2%27.4%0.4%
Term Structure-0.7%-34.5%16.5%6.4%5.0%
VWIV29.0%19.9%45.4%35.8%28.5%
Skew 25d7.2%-7.8%49.2%49.2%13.8%
Skew 10d13.1%-11.4%86.9%81.3%10.6%
Call IV 25d26.8%12.7%38.5%36.2%12.7%
Put IV 25d34.0%18.4%85.3%85.3%26.5%
Bid-Ask Spread %95.5372.94114.50112.14100.40
Gamma HHI0.630.460.830.590.70
Net GEX114.3K45.6K212.3K45.6K124.8K
Net DEX-1.4M-2.7M-729.2K-826.8K-1.3M
Net VEX-5.9K-6.7K-5.0K-6.1K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.003.060.630.10
Total Volume78.82673307811
Total OI2,545.7832,3002,8932,3002,533

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$22.78$22.5037.2%10.7%29.4%7.7%35.8%49.2%6.4%45.6K-826.8K-6.1K0.63112.1448301,695605
2021-03-02$22.53$22.5036.6%10.5%26.0%7.4%37.6%39.2%6.5%49.1K-729.2K-6.0K0.00114.0713001,735625
2021-03-03$22.54$22.5056.2%16.1%25.9%17.3%45.4%13.4%-12.9%62.3K-1.0M-6.7K0.00114.503101,819625
2021-03-04$22.68$22.5053.4%8.5%25.8%15.9%32.5%0.0%-3.3%62.1K-964.8K-6.3K0.10106.575251,827625
2021-03-05$22.69$22.5031.7%10.0%24.6%4.9%31.7%9.2%-1.8%63.7K-957.6K-6.4K0.20104.661531,859628
2021-03-08$23.15$22.5047.9%10.4%25.7%13.1%28.9%11.0%0.8%75.6K-1.2M-6.3K0.1399.1277101,862629
2021-03-09$23.23$22.5050.5%10.9%25.7%14.4%37.8%5.3%-6.2%73.1K-1.3M-6.4K0.0497.548031,899639
2021-03-10$23.20$22.5025.0%7.2%25.7%1.5%32.1%-2.6%0.6%85.9K-1.3M-6.0K0.00103.191701,894639
2021-03-11$23.12$22.5030.2%8.7%25.7%4.1%0.0%10.9%2.7%85.7K-1.3M-6.1K0.7597.65431,900639
2021-03-12$23.84$22.5023.3%6.7%27.8%0.6%20.5%3.4%6.3%128.7K-1.8M-5.6K0.0192.7611011,903636
2021-03-15$24.74$22.5024.6%7.0%30.1%1.3%25.3%-0.8%6.5%212.3K-2.7M-5.4K0.0390.63320101,944635
2021-03-16$24.09$22.5025.9%7.4%29.9%1.9%23.8%3.4%6.7%158.1K-2.1M-6.1K0.0590.056232,106645
2021-03-17$24.42$22.5019.2%5.5%30.0%0.0%19.9%-2.4%12.4%202.5K-2.5M-6.0K0.0293.6810722,136646
2021-03-18$23.94$22.5027.6%7.9%30.6%4.2%26.6%-7.8%-2.4%171.0K-2.1M-5.7K0.0896.904842,219646
2021-03-19$23.77$22.5028.8%8.3%30.2%4.8%25.4%0.3%16.5%139.6K-1.9M-5.6K0.3289.93111352,245648
2021-03-22$23.39$22.5025.8%7.4%30.4%3.3%25.8%0.8%0.6%127.5K-1.2M-5.0K3.0683.44531621,863456
2021-03-23$23.45$22.5041.7%11.9%30.3%11.2%27.7%-1.5%-34.5%118.2K-1.3M-5.7K0.0395.469531,895578
2021-03-24$23.38$22.5026.8%7.7%30.0%3.8%25.5%1.6%-2.9%119.7K-1.3M-6.0K0.0484.094821,976579
2021-03-25$23.60$22.5026.2%7.5%25.7%3.5%25.2%4.2%-6.3%124.2K-1.4M-6.0K0.6093.18531,954581
2021-03-26$23.64$22.5025.1%7.2%25.5%4.9%26.3%8.3%5.1%128.8K-1.5M-6.0K0.4586.0422101,937584
2021-03-29$23.69$22.5033.6%9.6%24.5%12.0%26.0%-2.8%-14.2%134.7K-1.4M-5.3K0.0178.237011,939594
2021-03-30$23.31$22.5032.3%9.2%24.9%10.9%28.5%9.3%-7.6%134.5K-1.4M-5.8K0.1772.94611,936595
2021-03-31$23.51$22.5021.6%6.2%25.1%2.1%0.0%13.8%5.0%124.8K-1.3M-5.2K0.10100.401011,939594