CTRE Options History — September 2023

In September 2023, CTRE traded between $19.89 and $20.63. ATM implied volatility averaged 20.5%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 3.8% (HV 20d: 16.6%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.74.

Notable Days

2023-09-19: Highest Volume — 1,205 contracts
2023-09-12: Largest IV spike — 36.2% change
2023-09-12: Highest IV Rank — 9.0%
2023-09-28: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.22	$19.89	$20.63	$20.41	$20.45
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	20.5%	17.8%	26.4%	19.3%	22.0%
Expected Move	5.8%	5.1%	7.4%	5.5%	6.3%
HV 20d	16.6%	14.8%	19.2%	15.1%	18.9%
HV 60d	15.9%	14.8%	16.6%	14.8%	16.4%
IV Rank	4.5%	2.5%	9.0%	3.7%	5.7%
IV Percentile	13.0%	4.0%	38.1%	7.9%	20.2%
Term Structure	5.2%	-5.6%	28.6%	0.3%	19.4%
VWIV	20.3%	16.2%	25.7%	19.5%	24.7%
Skew 25d	48.5%	7.8%	110.0%	29.5%	8.7%
Skew 10d	95.9%	12.2%	165.3%	129.5%	33.0%
Call IV 25d	16.7%	14.3%	19.0%	18.2%	17.6%
Put IV 25d	65.2%	25.0%	127.3%	47.7%	26.3%
Bid-Ask Spread %	74.56	12.45	126.81	126.81	104.63
Gamma HHI	0.81	0.66	0.89	0.66	0.80
Net GEX	179.5K	86.3K	283.9K	98.8K	220.1K
Net DEX	-1.3M	-2.6M	-499.5K	-822.8K	-2.6M
Net VEX	-3.6K	-5.4K	-2.3K	-2.7K	-5.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.00	5.00	0.54	1.25
Total Volume	125.8	2	1,205	20	9
Total OI	1,872.8	1,345	2,526	1,345	2,526

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
2023-09-01	$20.41	$20.00	19.3%	5.5%	15.1%	3.7%	19.5%	29.5%	0.3%	98.8K	-822.8K	-2.7K	0.54	126.81	13	7	1,131	214
2023-09-05	$19.89	$20.00	20.6%	6.0%	16.0%	4.6%	20.9%	8.6%	1.0%	107.6K	-499.5K	-2.5K	0.02	79.59	124	3	1,142	220
2023-09-06	$19.91	$20.00	18.8%	6.0%	15.6%	3.2%	21.0%	8.6%	2.7%	131.5K	-588.5K	-2.8K	0.15	96.68	71	11	1,252	221
2023-09-07	$19.91	$20.00	21.0%	6.1%	15.2%	4.9%	0.0%	8.7%	3.7%	126.0K	-609.2K	-3.0K	0.00	45.39	2	0	1,293	225
2023-09-08	$20.12	$20.00	19.4%	5.9%	15.4%	3.7%	20.6%	49.6%	3.1%	142.1K	-759.6K	-2.8K	5.00	28.95	2	10	1,293	225
2023-09-11	$20.13	$20.00	19.4%	5.4%	15.2%	3.7%	19.0%	50.6%	2.6%	173.2K	-780.4K	-2.5K	0.00	12.45	8	0	1,295	225
2023-09-12	$20.20	$20.00	26.4%	5.4%	15.2%	9.0%	18.7%	48.6%	3.6%	151.7K	-844.4K	-2.6K	1.00	22.80	2	2	1,301	225
2023-09-13	$19.98	$20.00	19.5%	5.6%	14.8%	3.8%	0.0%	56.1%	3.2%	192.8K	-627.4K	-2.5K	1.25	44.08	16	20	1,299	225
2023-09-14	$20.29	$20.00	18.0%	5.1%	15.7%	2.6%	18.0%	45.1%	1.6%	157.6K	-1.0M	-2.5K	0.00	47.64	24	0	1,299	245
2023-09-15	$20.21	$20.00	18.8%	5.4%	15.4%	3.3%	18.8%	50.4%	1.8%	110.7K	-770.4K	-2.3K	0.04	74.41	608	22	1,281	249
2023-09-18	$19.98	$20.00	19.6%	5.6%	15.8%	3.9%	19.6%	110.0%	-5.6%	86.3K	-509.8K	-2.7K	0.06	109.17	70	4	1,151	206
2023-09-19	$20.02	$20.00	17.8%	5.1%	15.7%	2.5%	17.8%	65.6%	4.5%	91.1K	-514.8K	-2.7K	0.02	46.25	1,184	21	1,158	209
2023-09-20	$20.49	$20.00	19.1%	5.5%	17.6%	3.4%	18.8%	56.4%	9.9%	283.9K	-2.2M	-5.0K	0.06	97.00	145	9	2,171	219
2023-09-21	$20.41	$20.00	20.0%	5.7%	17.5%	4.1%	0.0%	71.2%	-1.3%	263.3K	-2.2M	-5.4K	2.50	75.67	2	5	2,246	225
2023-09-22	$20.26	$20.00	21.9%	6.3%	17.6%	5.6%	21.8%	93.3%	3.0%	251.2K	-1.9M	-5.3K	0.00	86.54	36	0	2,246	220
2023-09-25	$20.63	$20.00	19.6%	5.6%	18.6%	3.9%	16.2%	45.9%	28.6%	245.6K	-2.5M	-5.0K	0.10	92.83	49	5	2,259	220
2023-09-26	$20.39	$20.00	21.3%	6.1%	18.9%	5.1%	21.3%	65.9%	3.7%	272.4K	-2.2M	-5.2K	0.33	101.32	6	2	2,287	225
2023-09-27	$20.21	$20.00	21.2%	6.1%	19.2%	5.0%	22.8%	88.7%	17.7%	280.8K	-1.9M	-5.2K	1.50	95.29	8	12	2,290	223
2023-09-28	$20.46	$20.00	25.7%	7.4%	19.2%	8.5%	25.7%	7.8%	1.0%	202.3K	-2.4M	-5.3K	1.00	103.64	2	2	2,291	224
2023-09-29	$20.45	$20.00	22.0%	6.3%	18.9%	5.7%	24.7%	8.7%	19.4%	220.1K	-2.6M	-5.0K	1.25	104.63	4	5	2,313	213