CTRE Options History — January 2023

In January 2023, CTRE traded between $18.70 and $20.70. ATM implied volatility averaged 31.4%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 9.3% (HV 20d: 22.1%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.81.

Notable Days

2023-01-23: Highest Volume — 139 contracts
2023-01-09: Largest IV spike — 67.0% change
2023-01-30: Highest IV Rank — 44.6%
2023-01-30: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.44	$18.70	$20.70	$18.71	$20.70
Max Pain	$19.88	$17.50	$20.00	$20.00	$20.00
ATM IV	31.4%	21.1%	50.0%	28.8%	38.9%
Expected Move	9.0%	6.0%	14.3%	8.3%	11.2%
HV 20d	22.1%	20.3%	24.0%	20.4%	21.6%
HV 60d	28.4%	27.6%	29.5%	29.5%	28.4%
IV Rank	21.1%	8.1%	44.6%	17.9%	30.6%
IV Percentile	41.6%	3.6%	90.9%	31.3%	73.0%
Term Structure	-1.8%	-22.8%	17.2%	17.2%	-22.8%
VWIV	30.3%	22.3%	40.1%	33.4%	35.7%
Skew 25d	10.1%	-8.4%	93.4%	5.5%	17.7%
Skew 10d	8.8%	-34.3%	126.9%	3.7%	13.1%
Call IV 25d	26.3%	18.4%	36.8%	28.2%	19.1%
Put IV 25d	36.4%	18.8%	122.8%	33.7%	36.8%
Bid-Ask Spread %	104.90	81.95	121.70	84.54	117.21
Gamma HHI	0.57	0.43	0.75	0.53	0.47
Net GEX	43.0K	17.5K	79.2K	27.9K	44.1K
Net DEX	-458.7K	-997.3K	-250.6K	-250.6K	-997.3K
Net VEX	-2.8K	-4.3K	-2.1K	-2.5K	-4.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.81	0.00	10.50	10.50	0.19
Total Volume	44.85	10	139	23	19
Total OI	1,610.05	755	2,011	1,804	1,197

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
2023-01-03	$18.71	$20.00	28.8%	8.3%	20.4%	17.9%	33.4%	5.5%	17.2%	27.9K	-250.6K	-2.5K	10.50	84.54	2	21	1,072	732
2023-01-04	$19.09	$17.50	38.7%	11.1%	20.7%	30.3%	32.1%	0.5%	2.5%	41.8K	-462.0K	-2.6K	0.03	98.30	104	3	1,074	732
2023-01-05	$18.70	$20.00	23.2%	8.5%	20.7%	10.7%	0.0%	-8.4%	-6.1%	31.3K	-314.3K	-2.6K	3.00	113.21	5	15	1,166	734
2023-01-06	$19.13	$20.00	25.7%	8.0%	22.7%	13.8%	25.1%	4.0%	4.4%	52.7K	-427.7K	-2.7K	8.50	121.70	2	17	1,171	743
2023-01-09	$18.91	$20.00	42.9%	10.8%	22.6%	35.6%	31.6%	-1.5%	-5.3%	30.1K	-355.0K	-2.5K	0.03	115.55	33	1	1,171	747
2023-01-10	$18.75	$20.00	33.1%	7.9%	22.7%	23.3%	29.2%	-4.5%	0.8%	31.3K	-270.5K	-2.4K	3.33	116.80	3	10	1,174	748
2023-01-11	$19.13	$20.00	24.8%	7.1%	23.6%	12.7%	0.0%	14.5%	16.9%	56.6K	-388.1K	-2.5K	8.50	115.51	2	17	1,177	758
2023-01-12	$19.34	$20.00	36.4%	10.4%	24.0%	27.5%	36.0%	4.0%	-2.5%	59.9K	-472.0K	-2.5K	0.04	104.31	26	1	1,178	758
2023-01-13	$19.36	$20.00	23.9%	6.9%	23.9%	11.7%	26.6%	10.5%	2.9%	67.9K	-428.7K	-2.5K	0.05	100.73	44	2	1,202	758
2023-01-17	$19.49	$20.00	33.8%	9.7%	23.8%	24.1%	36.5%	93.4%	-8.5%	79.2K	-432.7K	-2.4K	0.22	112.41	9	2	1,211	759
2023-01-18	$19.48	$20.00	31.1%	8.9%	22.5%	20.8%	30.5%	-4.9%	-3.7%	70.1K	-372.3K	-2.4K	0.00	81.95	46	0	1,216	760
2023-01-19	$19.34	$20.00	22.4%	6.4%	22.4%	9.7%	22.6%	4.3%	12.9%	62.0K	-390.0K	-2.4K	0.00	109.19	29	0	1,229	760
2023-01-20	$19.41	$20.00	22.3%	6.4%	22.2%	9.6%	22.3%	-0.2%	-3.2%	17.5K	-270.5K	-2.1K	0.42	105.27	12	5	1,251	760
2023-01-23	$19.44	$20.00	21.1%	6.0%	21.8%	8.1%	22.8%	-1.6%	2.5%	20.3K	-318.1K	-2.4K	0.01	108.93	138	1	606	149
2023-01-24	$19.52	$20.00	26.8%	7.7%	20.6%	15.3%	26.8%	3.3%	-5.4%	27.8K	-383.6K	-2.8K	0.09	97.18	106	10	744	149
2023-01-25	$19.39	$20.00	39.0%	11.2%	20.3%	30.7%	30.1%	18.4%	-3.1%	27.4K	-453.7K	-3.4K	0.29	95.36	35	10	849	159
2023-01-26	$19.76	$20.00	32.8%	9.4%	21.2%	22.9%	33.6%	9.2%	-6.1%	33.9K	-540.7K	-3.5K	0.93	102.92	15	14	882	168
2023-01-27	$20.51	$20.00	32.4%	9.3%	22.0%	22.3%	40.1%	8.7%	-14.8%	36.3K	-766.5K	-3.7K	0.02	97.31	126	2	887	182
2023-01-30	$20.59	$20.00	50.0%	14.3%	22.0%	44.6%	0.0%	29.3%	-14.8%	42.6K	-879.9K	-4.2K	0.00	99.59	10	0	1,008	180
2023-01-31	$20.70	$20.00	38.9%	11.2%	21.6%	30.6%	35.7%	17.7%	-22.8%	44.1K	-997.3K	-4.3K	0.19	117.21	16	3	1,017	180