CTRE Options History — July 2023

In July 2023, CTRE traded between $19.45 and $21.12. ATM implied volatility averaged 23.6%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 8.2% (HV 20d: 15.4%). 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 10 of 20 days. Put/call ratio averaged 0.33.

Notable Days

2023-07-14: Highest Volume — 1,492 contracts
2023-07-12: Largest IV spike — 34.7% change
2023-07-31: Highest IV Rank — 11.4%
2023-07-31: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.38	$19.45	$21.12	$19.74	$20.79
Max Pain	$19.75	$17.50	$20.00	$20.00	$20.00
ATM IV	23.6%	17.6%	29.8%	17.6%	29.8%
Expected Move	6.9%	5.0%	8.5%	5.0%	8.5%
HV 20d	15.4%	13.6%	18.4%	14.4%	14.9%
HV 60d	20.6%	18.7%	21.6%	21.5%	18.7%
IV Rank	6.7%	2.2%	11.4%	2.2%	11.4%
IV Percentile	20.0%	2.0%	47.2%	2.0%	47.2%
Term Structure	3.5%	-13.0%	42.1%	8.0%	-6.0%
VWIV	22.7%	12.9%	30.3%	17.6%	29.8%
Skew 25d	6.4%	-4.7%	19.8%	5.6%	9.3%
Skew 10d	4.7%	-7.8%	15.6%	7.8%	7.2%
Call IV 25d	18.2%	13.1%	25.8%	18.1%	20.3%
Put IV 25d	24.6%	19.4%	33.6%	23.7%	29.6%
Bid-Ask Spread %	90.09	47.57	115.10	111.30	81.16
Gamma HHI	0.77	0.54	0.99	0.84	0.54
Net GEX	231.3K	53.6K	1.7M	77.8K	64.6K
Net DEX	-2.1M	-6.8M	-397.8K	-491.1K	-929.5K
Net VEX	-2.6K	-4.1K	-2.0K	-2.2K	-2.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	2.22	0.50	0.09
Total Volume	112.8	3	1,492	3	38
Total OI	1,931	850	4,036	1,178	1,054

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
2023-07-03	$19.74	$20.00	17.6%	5.0%	14.4%	2.2%	17.6%	5.6%	8.0%	77.8K	-491.1K	-2.2K	0.50	111.30	2	1	1,023	155
2023-07-05	$19.71	$20.00	19.1%	5.5%	14.0%	3.3%	19.1%	5.8%	5.2%	74.1K	-463.6K	-2.1K	0.08	109.38	26	2	1,021	153
2023-07-06	$19.45	$17.50	23.8%	7.6%	13.6%	6.9%	24.2%	-3.9%	-2.2%	57.8K	-397.8K	-2.0K	0.14	114.68	28	4	1,035	152
2023-07-07	$19.54	$17.50	20.2%	5.1%	13.8%	4.2%	15.0%	5.1%	-2.7%	72.2K	-435.0K	-2.0K	0.33	97.50	3	1	1,038	156
2023-07-10	$19.74	$20.00	22.3%	6.3%	14.2%	5.8%	30.3%	9.8%	8.2%	80.5K	-522.7K	-2.0K	1.50	83.03	8	12	1,039	157
2023-07-11	$20.14	$20.00	18.1%	7.0%	15.8%	2.5%	23.9%	4.2%	7.9%	101.3K	-689.6K	-2.0K	0.00	62.74	21	0	1,047	162
2023-07-12	$20.21	$20.00	24.3%	7.0%	15.6%	7.3%	24.3%	3.7%	1.0%	95.3K	-756.3K	-2.0K	0.00	87.65	4	0	1,060	162
2023-07-13	$20.16	$20.00	23.4%	6.7%	15.7%	6.6%	23.5%	-4.7%	-0.9%	386.9K	-2.1M	-3.2K	0.01	99.51	75	1	2,145	162
2023-07-14	$20.34	$20.00	23.5%	6.7%	15.9%	6.7%	23.5%	4.6%	3.2%	355.3K	-2.5M	-3.2K	0.00	103.98	1,489	3	2,207	164
2023-07-17	$20.14	$20.00	23.3%	6.7%	16.2%	6.5%	23.3%	-4.2%	4.3%	826.2K	-3.8M	-4.1K	0.03	95.16	231	8	3,618	167
2023-07-18	$20.16	$20.00	23.7%	6.8%	16.2%	6.8%	26.0%	2.5%	-1.0%	1.7M	-4.4M	-4.0K	0.31	86.22	32	10	3,818	174
2023-07-19	$20.68	$20.00	23.6%	6.8%	18.4%	6.8%	23.6%	7.5%	-4.3%	246.4K	-6.4M	-2.4K	0.05	102.21	20	1	3,817	183
2023-07-20	$20.91	$20.00	23.4%	6.7%	17.4%	6.6%	22.9%	10.6%	42.1%	93.7K	-6.7M	-2.4K	0.47	115.10	15	7	3,833	184
2023-07-21	$20.93	$20.00	24.9%	7.1%	16.4%	7.7%	19.9%	7.6%	8.2%	54.7K	-6.8M	-2.3K	0.05	83.34	19	1	3,847	189
2023-07-24	$21.04	$20.00	24.6%	7.1%	16.4%	7.5%	22.1%	10.7%	-0.3%	53.6K	-979.6K	-2.3K	0.07	91.93	43	3	767	83
2023-07-25	$21.12	$20.00	26.4%	7.6%	14.5%	8.9%	12.9%	19.8%	-13.0%	61.1K	-981.6K	-2.1K	0.60	52.26	42	25	810	86
2023-07-26	$21.02	$20.00	25.7%	7.4%	14.7%	8.3%	25.8%	9.4%	-0.7%	57.1K	-1.0M	-2.7K	0.07	84.20	15	1	852	110
2023-07-27	$20.95	$20.00	28.1%	8.0%	14.4%	10.1%	0.0%	15.6%	17.9%	61.2K	-961.2K	-2.7K	0.00	47.57	36	0	867	111
2023-07-28	$20.79	$20.00	26.4%	7.6%	14.9%	8.8%	23.7%	9.8%	-4.6%	63.6K	-944.2K	-2.8K	2.22	92.97	9	20	901	111
2023-07-31	$20.79	$20.00	29.8%	8.5%	14.9%	11.4%	29.8%	9.3%	-6.0%	64.6K	-929.5K	-2.8K	0.09	81.16	35	3	926	128