CTRM Options History — May 2022

In May 2022, CTRM traded between $17.80 and $20.90. ATM implied volatility averaged 127.3%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 35.9%. IV traded above realized volatility by 38.8% (HV 20d: 88.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2022-05-16: Highest Volume — 1,144 contracts
  • 2022-05-09: Largest IV spike — 22.9% change
  • 2022-05-09: Highest IV Rank — 45.1%
  • 2022-05-09: Largest Expected Move — 39.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.35$17.80$20.90$19.50$19.40
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV127.3%93.9%158.8%133.9%106.3%
Expected Move35.9%26.9%39.9%38.4%30.5%
HV 20d88.5%65.9%115.6%110.7%65.9%
HV 60d86.0%82.4%98.4%97.6%83.9%
IV Rank29.8%13.7%45.1%33.0%19.7%
IV Percentile63.6%9.1%93.2%77.6%28.5%
Term Structure-2.8%-21.0%54.9%10.2%-13.2%
VWIV131.3%115.5%144.5%134.0%140.5%
Bid-Ask Spread %13.894.3652.674.3611.95
Gamma HHI0.620.530.700.530.70
Net GEX30.3K24.1K36.7K24.1K36.5K
Net DEX-2.9M-3.5M-2.5M-2.8M-2.9M
Net VEX-24.9K-26.8K-22.9K-23.4K-24.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.012.620.070.20
Total Volume204.143461,14483748
Total OI5,498.4294,8195,9345,0095,189

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$19.50$25.00133.9%38.4%110.7%33.0%134.0%0.0%10.2%24.1K-2.8M-23.4K0.074.36N/AN/A781564,579430
2022-05-03$20.90$25.00119.2%34.2%112.3%25.9%119.6%0.0%7.7%28.6K-3.5M-26.4K0.025.56N/AN/A32174,986462
2022-05-04$20.70$25.00123.0%35.3%110.2%27.8%123.0%0.0%12.2%29.4K-3.4M-26.2K0.034.92N/AN/A25075,057462
2022-05-05$19.60$25.00139.7%37.1%112.1%35.8%129.2%0.0%-1.2%28.4K-3.2M-25.5K0.0410.14N/AN/A22185,131463
2022-05-06$19.30$25.00129.2%38.6%111.6%30.8%134.6%0.0%-9.1%28.1K-3.1M-25.2K1.9312.98N/AN/A21415,200465
2022-05-09$17.80$25.00158.8%39.9%115.6%45.1%135.1%0.0%-1.9%25.0K-2.7M-22.9K0.1115.32N/AN/A98105,202499
2022-05-10$18.50$25.00152.9%39.0%95.9%42.2%136.2%0.0%-3.7%26.5K-2.8M-24.6K1.6016.99N/AN/A31505,200502
2022-05-11$18.70$25.00132.0%37.9%96.1%32.1%132.0%0.0%-0.6%26.7K-2.6M-23.8K0.1914.05N/AN/A84165,208545
2022-05-12$18.40$25.00137.3%39.4%85.6%34.7%142.2%0.0%-16.3%26.4K-2.6M-23.8K0.1314.77N/AN/A75105,245554
2022-05-13$19.00$25.00131.6%37.7%83.5%31.9%131.6%0.0%-4.2%30.6K-2.8M-25.5K0.2815.84N/AN/A36105,245558
2022-05-16$18.70$25.00137.9%39.5%81.0%35.0%139.9%0.0%-16.3%27.5K-2.8M-24.4K0.0152.67N/AN/A1,133115,265558
2022-05-17$20.50$25.00135.2%38.8%83.6%33.7%135.5%0.0%-10.9%32.6K-3.3M-26.8K0.2416.62N/AN/A114285,279559
2022-05-18$19.80$25.00133.8%38.4%83.8%33.0%133.7%0.0%-2.3%33.0K-2.8M-26.2K1.1216.08N/AN/A53595,356578
2022-05-19$20.10$25.00135.5%38.8%78.8%33.8%135.3%0.0%-9.7%33.7K-3.0M-26.3K2.6215.72N/AN/A21565,370538
2022-05-20$19.40$25.00121.8%34.9%77.4%27.2%120.3%0.0%-0.7%30.6K-2.8M-25.1K1.905.64N/AN/A31595,370530
2022-05-23$19.50$25.00116.1%33.3%73.8%24.4%117.2%0.0%-10.5%32.1K-2.7M-24.3K0.048.47N/AN/A10444,387432
2022-05-24$18.60$25.00121.1%34.7%74.3%26.8%131.5%0.0%-17.4%31.4K-2.5M-23.4K0.0510.15N/AN/A17094,460432
2022-05-25$18.80$25.00104.1%29.8%69.7%18.6%115.5%0.0%-4.3%33.4K-2.7M-24.1K0.1112.20N/AN/A5064,582438
2022-05-26$19.50$25.00109.0%31.3%68.9%21.0%125.0%0.0%-21.0%34.3K-3.1M-25.9K0.0513.60N/AN/A8944,609441
2022-05-27$19.60$25.0093.9%26.9%67.5%13.7%144.5%0.0%54.9%36.7K-2.9M-25.3K0.0413.60N/AN/A10144,659442
2022-05-31$19.40$25.00106.3%30.5%65.9%19.7%140.5%0.0%-13.2%36.5K-2.9M-24.6K0.2011.95N/AN/A4084,747442