CTRM Options History — January 2023

In January 2023, CTRM traded between $10.80 and $12.30. ATM implied volatility averaged 150.4%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 38.8%. IV traded above realized volatility by 93.3% (HV 20d: 57.1%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.09.

Notable Days

  • 2023-01-24: Highest Volume — 39 contracts
  • 2023-01-11: Largest IV drop — 48.6% change
  • 2023-01-10: Highest IV Rank — 41.6%
  • 2023-01-04: Largest Expected Move — 51.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.90$10.80$12.30$10.80$11.90
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV150.4%101.4%197.6%165.1%152.0%
Expected Move38.8%24.9%51.0%47.3%43.6%
HV 20d57.1%45.8%85.5%82.6%48.9%
HV 60d68.6%67.8%69.2%67.9%68.4%
IV Rank27.2%12.1%41.6%31.7%27.7%
IV Percentile72.8%23.8%93.3%87.3%79.0%
Term Structure-39.1%-59.7%-12.1%-58.9%-53.0%
VWIV196.1%123.6%384.8%123.6%152.7%
Bid-Ask Spread %34.955.3874.526.266.59
Gamma HHI0.380.350.430.370.41
Net GEX2.2K1.8K2.6K1.8K2.1K
Net DEX-3.2K-56.3K60.4K35.9K-45.6K
Net VEX-2.6K-3.1K-2.3K-2.3K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.000.500.120.00
Total Volume13.6239916
Total OI2,536.251,3883,1713,1251,405

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$10.80$25.00165.1%47.3%82.6%31.7%0.0%0.0%-58.9%1.8K35.9K-2.3K0.126.26N/AN/A812,938187
2023-01-04$11.30$25.00178.1%51.0%85.5%35.7%0.0%0.0%-59.7%2.1K7.3K-2.8K0.506.26N/AN/A422,943187
2023-01-05$11.20$25.00165.3%28.3%85.3%31.8%0.0%0.0%-33.7%2.1K17.1K-2.7K0.276.39N/AN/A312,945188
2023-01-06$11.90$25.00167.2%24.9%60.5%32.3%123.6%0.0%-32.4%1.9K56.2K-2.4K0.1254.03N/AN/A1622,944188
2023-01-09$12.10$25.00172.9%26.7%58.2%34.1%0.0%0.0%-34.2%1.9K60.4K-2.3K0.0854.03N/AN/A612,958188
2023-01-10$11.90$25.00197.6%35.3%56.5%41.6%0.0%0.0%-58.1%2.2K50.3K-2.4K0.0059.16N/AN/A302,960189
2023-01-11$11.70$25.00101.4%29.1%55.1%12.1%0.0%0.0%-23.5%2.0K54.8K-2.5K0.0154.94N/AN/A1102,960189
2023-01-12$12.30$25.00142.5%40.8%57.8%24.7%0.0%0.0%-36.3%2.5K3.2K-3.1K0.0374.52N/AN/A1812,966189
2023-01-13$12.30$25.00110.5%31.7%56.7%14.9%0.0%0.0%-37.3%2.6K211-3.1K0.2318.44N/AN/A312,970189
2023-01-17$12.30$25.00126.7%36.3%53.8%19.9%0.0%0.0%-41.9%2.4K10.0K-2.9K0.0468.98N/AN/A2812,973189
2023-01-18$12.10$25.00155.1%44.5%53.8%28.6%0.0%0.0%-44.1%2.4K7.8K-2.9K0.0872.92N/AN/A2322,977190
2023-01-19$11.90$25.00156.8%44.9%51.5%29.1%208.6%0.0%-12.1%2.6K-17.0K-3.1K0.0268.08N/AN/A1202,979191
2023-01-20$12.30$25.00133.3%38.2%52.6%21.9%163.8%0.0%-12.4%2.6K-2.7K-3.1K0.0666.41N/AN/A912,980191
2023-01-23$12.30$25.00151.0%43.3%49.5%27.4%256.8%0.0%-34.3%2.1K-40.8K-2.4K0.0114.52N/AN/A2001,287105
2023-01-24$12.10$25.00163.0%46.7%45.9%31.0%384.8%0.0%-36.5%2.2K-56.3K-2.5K0.0027.38N/AN/A3901,301105
2023-01-25$11.90$25.00165.3%47.4%46.5%31.8%0.0%0.0%-38.9%1.9K-45.7K-2.4K0.1121.62N/AN/A201,283105
2023-01-26$11.70$25.00130.7%37.5%45.8%21.1%138.7%0.0%-41.5%2.0K-53.4K-2.3K0.026.59N/AN/A501,284105
2023-01-27$12.30$25.00129.2%37.0%46.1%20.7%139.7%0.0%-41.2%2.1K-50.6K-2.4K0.025.38N/AN/A2711,287105
2023-01-30$11.70$25.00144.3%41.4%50.1%25.3%152.7%0.0%-51.1%2.1K-55.8K-2.4K0.086.59N/AN/A501,299106
2023-01-31$11.90$25.00152.0%43.6%48.9%27.7%0.0%0.0%-53.0%2.1K-45.6K-2.4K0.006.59N/AN/A1601,299106