CTRE Options History — May 2021

In May 2021, CTRE traded between $22.34 and $24.07. ATM implied volatility averaged 24.3%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 0.5% (HV 20d: 24.8%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.98.

Notable Days

2021-05-12: Highest Volume — 170 contracts
2021-05-26: Largest IV spike — 68.0% change
2021-05-13: Highest IV Rank — 16.5%
2021-05-13: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.98	$22.34	$24.07	$24.07	$23.29
Max Pain	$22.88	$22.50	$25.00	$25.00	$22.50
ATM IV	24.3%	14.5%	32.8%	24.9%	23.3%
Expected Move	7.2%	4.1%	9.4%	7.1%	6.7%
HV 20d	24.8%	15.2%	27.1%	15.2%	25.0%
HV 60d	24.0%	22.4%	25.3%	22.4%	22.5%
IV Rank	8.8%	0.0%	16.5%	9.2%	8.1%
IV Percentile	10.6%	0.0%	32.9%	7.9%	8.7%
Term Structure	1.4%	-14.3%	13.4%	8.1%	1.1%
VWIV	22.9%	14.1%	29.7%	25.4%	14.1%
Skew 25d	6.6%	-6.8%	15.3%	1.1%	13.6%
Skew 10d	11.1%	-4.3%	80.3%	0.4%	80.3%
Call IV 25d	19.5%	13.5%	30.0%	26.1%	15.7%
Put IV 25d	26.1%	14.6%	31.7%	27.2%	29.3%
Bid-Ask Spread %	93.32	43.01	109.78	91.49	87.18
Gamma HHI	0.67	0.51	0.89	0.89	0.82
Net GEX	30.1K	14.8K	63.9K	63.9K	36.9K
Net DEX	-341.9K	-815.4K	-112.3K	-815.4K	-415.1K
Net VEX	-3.7K	-4.3K	-3.3K	-4.3K	-3.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.98	0.00	10.91	0.73	10.91
Total Volume	75.3	12	170	90	131
Total OI	1,379.65	1,211	1,513	1,261	1,342

Daily Data (20 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
2021-05-03	$24.07	$25.00	24.9%	7.1%	15.2%	9.2%	25.4%	1.1%	8.1%	63.9K	-815.4K	-4.3K	0.73	91.49	52	38	1,020	241
2021-05-04	$23.15	$25.00	30.5%	8.7%	20.2%	14.5%	25.0%	10.9%	13.4%	44.8K	-456.8K	-4.2K	0.07	100.41	101	7	1,068	279
2021-05-05	$22.45	$25.00	29.7%	8.5%	22.6%	13.7%	29.7%	-2.8%	-10.2%	26.9K	-205.8K	-3.7K	0.94	85.49	86	81	1,088	296
2021-05-06	$22.79	$22.50	22.6%	7.1%	23.5%	7.2%	0.0%	5.7%	-0.0%	21.7K	-191.1K	-3.7K	0.67	107.15	66	44	1,039	355
2021-05-07	$23.03	$22.50	22.0%	8.9%	23.9%	6.6%	0.0%	5.2%	-10.0%	29.8K	-314.3K	-3.7K	0.21	95.78	19	4	1,041	319
2021-05-10	$23.26	$22.50	22.3%	7.3%	24.2%	6.9%	25.1%	2.4%	1.2%	35.1K	-423.3K	-3.9K	0.00	103.14	12	0	1,059	323
2021-05-11	$22.71	$22.50	26.1%	8.2%	25.5%	10.4%	15.5%	-6.8%	-14.3%	21.2K	-209.7K	-3.5K	1.19	105.69	16	19	1,061	325
2021-05-12	$22.34	$22.50	22.1%	6.3%	25.9%	6.6%	28.8%	15.3%	13.1%	15.8K	-112.3K	-3.4K	0.34	109.78	127	43	1,047	334
2021-05-13	$22.76	$22.50	32.8%	9.4%	27.1%	16.5%	0.0%	9.4%	-6.0%	23.8K	-227.4K	-3.9K	1.33	107.56	15	20	1,121	377
2021-05-14	$22.70	$22.50	24.0%	6.9%	26.8%	8.5%	0.0%	8.8%	2.2%	19.6K	-200.4K	-3.8K	0.00	97.23	29	0	1,126	387
2021-05-17	$22.70	$22.50	23.1%	6.6%	26.7%	7.7%	0.0%	9.5%	2.8%	16.0K	-244.5K	-3.5K	0.00	97.05	0	40	1,107	365
2021-05-18	$22.68	$22.50	26.0%	7.5%	26.5%	10.3%	15.4%	10.8%	-1.0%	14.8K	-250.9K	-3.5K	0.00	93.92	37	0	1,107	364
2021-05-19	$22.88	$22.50	23.1%	6.6%	26.1%	7.7%	23.1%	4.2%	5.7%	19.2K	-343.7K	-3.7K	0.02	103.81	106	2	1,116	366
2021-05-20	$23.19	$22.50	25.5%	7.3%	26.7%	9.8%	25.5%	9.2%	1.6%	28.0K	-376.7K	-3.4K	0.07	100.92	45	3	1,055	367
2021-05-21	$22.99	$22.50	27.0%	7.8%	26.3%	11.3%	26.2%	8.2%	-0.2%	34.4K	-356.4K	-3.4K	0.84	98.74	25	21	1,098	364
2021-05-24	$23.27	$22.50	23.4%	6.7%	26.5%	7.9%	20.5%	7.6%	1.6%	39.4K	-409.9K	-3.3K	0.71	58.23	21	15	915	296
2021-05-25	$23.15	$22.50	14.5%	4.1%	26.1%	0.0%	0.0%	1.1%	8.0%	33.9K	-406.5K	-3.4K	0.00	82.71	103	0	924	311
2021-05-26	$23.13	$22.50	24.3%	7.0%	25.6%	9.1%	0.0%	9.3%	0.3%	38.7K	-435.3K	-3.6K	0.20	43.01	10	2	983	311
2021-05-27	$23.14	$22.50	19.0%	5.4%	25.1%	4.1%	14.1%	9.8%	10.4%	38.6K	-442.0K	-3.6K	0.43	97.21	116	50	983	313
2021-05-28	$23.29	$22.50	23.3%	6.7%	25.0%	8.1%	0.0%	13.6%	1.1%	36.9K	-415.1K	-3.6K	10.91	87.18	11	120	979	363