CTRE Options History — May 2023

In May 2023, CTRE traded between $18.41 and $20.04. ATM implied volatility averaged 34.9%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 11.2% (HV 20d: 23.7%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.48.

Notable Days

  • 2023-05-05: Highest Volume — 75 contracts
  • 2023-05-05: Largest IV spike — 62.7% change
  • 2023-05-05: Highest IV Rank — 27.7%
  • 2023-05-02: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.39$18.41$20.04$19.30$19.41
Max Pain$18.18$17.50$20.00$17.50$20.00
ATM IV34.9%23.9%51.3%37.0%30.4%
Expected Move9.8%6.8%14.4%10.6%8.7%
HV 20d23.7%20.1%27.4%27.4%25.4%
HV 60d26.6%25.8%27.9%27.0%27.9%
IV Rank15.3%6.9%27.7%16.8%11.8%
IV Percentile62.0%13.5%91.7%74.2%46.4%
Term Structure-6.7%-23.9%6.0%0.8%6.0%
VWIV32.9%19.5%41.3%37.8%19.5%
Skew 25d9.6%-4.3%20.4%5.6%10.6%
Skew 10d16.3%-1.5%63.5%14.0%5.5%
Call IV 25d25.4%16.8%38.5%33.3%19.5%
Put IV 25d35.0%21.4%49.1%38.9%30.1%
Bid-Ask Spread %92.6334.32109.1234.32107.45
Gamma HHI0.520.440.560.500.55
Net GEX44.4K21.6K57.4K40.2K41.9K
Net DEX-512.1K-701.0K-187.9K-526.8K-373.6K
Net VEX-2.8K-3.4K-2.0K-3.3K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.480.0022.000.030.27
Total Volume21.1362756857
Total OI1,140.4091,0801,1951,1191,086

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$19.30$17.5037.0%10.6%27.4%16.8%37.8%5.6%0.8%40.2K-526.8K-3.3K0.0334.32662991128
2023-05-02$19.23$17.5050.2%14.4%26.4%26.8%0.0%5.0%-23.9%43.2K-565.3K-3.3K0.00100.93201,046129
2023-05-03$19.60$17.5044.6%12.8%27.1%22.6%40.1%14.0%-12.8%56.4K-690.7K-3.3K0.33106.75621,048129
2023-05-04$19.49$17.5031.5%12.3%24.3%12.7%0.0%7.6%-16.1%50.4K-634.1K-3.4K0.0086.501201,052131
2023-05-05$19.63$17.5051.3%9.7%24.5%27.7%0.0%15.5%-3.6%46.8K-660.2K-3.4K0.0080.067501,064131
2023-05-08$19.82$17.5036.4%8.8%24.5%16.4%31.8%18.5%-3.6%48.2K-645.9K-3.2K0.00107.29120986131
2023-05-09$19.66$17.5037.3%9.0%23.4%17.0%40.1%15.8%-1.8%46.1K-618.5K-3.2K0.0064.5502993131
2023-05-10$20.04$17.5030.3%8.7%24.4%11.8%30.3%16.5%-2.5%51.8K-701.0K-3.2K0.16103.07325993131
2023-05-11$19.94$17.5033.3%9.5%24.2%14.0%41.3%19.1%-7.8%57.4K-694.1K-3.2K0.3395.35311,022126
2023-05-12$19.79$17.5030.1%8.6%24.3%11.6%30.3%11.8%-3.5%56.4K-641.6K-3.0K1.5799.387111,023127
2023-05-15$19.91$17.5033.1%9.5%23.9%13.9%30.5%1.3%-5.7%51.9K-686.8K-3.2K0.1469.47711,030138
2023-05-16$19.55$17.5034.8%10.0%23.4%15.2%0.0%7.7%-8.1%51.5K-588.5K-3.0K1.0089.32111,033139
2023-05-17$19.63$17.5028.9%8.3%23.5%10.7%40.3%15.0%-3.6%55.0K-573.0K-2.8K22.0099.711221,034139
2023-05-18$19.40$17.5033.1%9.5%22.9%13.9%0.0%8.9%-8.5%49.0K-490.6K-2.7K0.00108.53021,035160
2023-05-19$19.27$17.5023.9%6.8%22.8%6.9%0.0%7.7%-8.3%46.7K-491.5K-2.6K0.00105.42041,035158
2023-05-22$19.21$17.5025.7%7.4%21.8%8.3%25.6%-4.3%-1.0%38.1K-364.1K-2.5K0.48101.552311942138
2023-05-23$19.37$20.0032.0%9.2%22.0%13.1%29.2%5.2%-7.0%42.7K-396.9K-2.5K0.86109.1276952148
2023-05-24$18.73$20.0036.3%10.4%23.8%16.3%31.8%4.2%-0.0%31.9K-276.6K-2.3K0.29100.43144958153
2023-05-25$18.41$20.0030.5%8.7%20.1%11.9%29.0%-1.7%-6.7%21.6K-187.9K-2.1K0.2499.38215956154
2023-05-26$18.52$20.0039.0%11.2%20.3%18.3%0.0%20.4%-15.1%24.5K-193.9K-2.0K0.1763.2861935159
2023-05-30$18.63$20.0039.0%11.2%20.4%18.4%36.6%7.8%-13.7%26.1K-265.5K-2.2K0.18105.91285935160
2023-05-31$19.41$20.0030.4%8.7%25.4%11.8%19.5%10.6%6.0%41.9K-373.6K-2.3K0.27107.454512926160