CTRM Options History — February 2023

In February 2023, CTRM traded between $12.00 and $13.30. ATM implied volatility averaged 129.7%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 32.5%. IV traded above realized volatility by 83.5% (HV 20d: 46.1%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.03.

Notable Days

  • 2023-02-06: Highest Volume — 188 contracts
  • 2023-02-08: Largest IV drop — 53.6% change
  • 2023-02-07: Highest IV Rank — 38.4%
  • 2023-02-01: Largest Expected Move — 45.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.83$12.00$13.30$12.00$13.10
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV129.7%84.9%186.9%158.3%141.3%
Expected Move32.5%23.4%45.4%45.4%40.5%
HV 20d46.1%40.5%51.5%46.7%40.5%
HV 60d67.5%62.1%70.0%68.2%62.1%
IV Rank20.8%7.1%38.4%29.6%24.4%
IV Percentile53.7%9.5%92.1%81.7%71.0%
Term Structure-29.4%-55.8%-0.5%-55.8%-52.8%
VWIV154.3%125.9%176.5%176.5%160.3%
Bid-Ask Spread %9.085.5422.057.946.96
Gamma HHI0.440.370.550.420.55
Net GEX3.9K2.0K5.0K2.0K4.1K
Net DEX-230.8K-418.9K-41.5K-41.5K-191.7K
Net VEX-4.2K-5.8K-2.3K-2.3K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.190.030.03
Total Volume33.7371188117
Total OI1,669.3681,4121,8211,4121,821

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$12.00$25.00158.3%45.4%46.7%29.6%176.5%0.0%-55.8%2.0K-41.5K-2.3K0.037.94N/AN/A1101,306106
2023-02-02$12.10$25.00164.8%28.2%44.3%31.6%0.0%0.0%-22.0%2.2K-43.9K-2.3K0.007.94N/AN/A3401,316106
2023-02-03$13.10$25.00155.4%23.4%51.5%28.7%0.0%0.0%-20.5%2.6K-99.1K-3.0K0.097.13N/AN/A5851,320106
2023-02-06$13.10$25.00157.2%24.3%47.6%29.3%0.0%0.0%-22.3%2.6K-88.1K-2.8K0.007.13N/AN/A18801,354109
2023-02-07$13.30$25.00186.9%25.2%47.6%38.4%0.0%0.0%-22.6%3.9K-222.8K-4.2K0.0010.16N/AN/A301,511109
2023-02-08$13.10$25.0086.8%24.9%47.5%7.6%0.0%0.0%-23.7%4.0K-242.9K-4.3K0.0010.16N/AN/A1101,514109
2023-02-09$12.90$25.0084.9%24.4%47.4%7.1%0.0%0.0%-24.9%3.1K-104.4K-3.1K0.005.65N/AN/A901,514109
2023-02-10$12.90$25.00106.3%30.5%44.3%13.6%125.9%0.0%-25.7%4.1K-272.2K-4.5K0.009.68N/AN/A14001,518109
2023-02-13$13.10$25.00121.2%34.7%44.5%18.2%0.0%0.0%-27.8%4.6K-334.4K-5.1K0.0121.22N/AN/A3001,645109
2023-02-14$13.30$25.00148.6%42.6%44.7%26.6%0.0%0.0%-28.2%5.0K-390.9K-5.8K0.0022.05N/AN/A3701,658109
2023-02-15$13.30$25.00108.7%31.2%44.1%14.4%0.0%0.0%-29.2%5.0K-418.9K-5.8K0.178.43N/AN/A511,669109
2023-02-16$12.70$25.00104.0%29.8%47.1%12.9%0.0%0.0%-32.1%4.7K-346.5K-5.2K0.008.43N/AN/A401,671109
2023-02-17$12.90$25.00108.4%31.1%46.1%14.3%0.0%0.0%-32.7%4.6K-344.0K-5.4K0.196.96N/AN/A411,669109
2023-02-21$12.50$25.00134.9%38.7%47.6%22.4%0.0%0.0%-39.8%4.6K-348.2K-5.1K0.036.55N/AN/A2111,659106
2023-02-22$12.70$25.00116.5%33.4%47.4%16.8%0.0%0.0%-0.5%4.2K-229.1K-4.2K0.006.96N/AN/A801,655106
2023-02-23$12.50$25.00115.5%33.1%47.4%16.5%0.0%0.0%-43.5%4.3K-249.7K-4.3K0.005.54N/AN/A101,659106
2023-02-24$12.50$25.00132.2%37.9%46.8%21.6%0.0%0.0%-45.5%3.9K-208.1K-3.9K0.006.73N/AN/A501,659106
2023-02-27$12.70$25.00131.5%37.7%43.8%21.4%0.0%0.0%-9.8%4.2K-208.1K-4.1K0.006.96N/AN/A5701,662106
2023-02-28$13.10$25.00141.3%40.5%40.5%24.4%160.3%0.0%-52.8%4.1K-191.7K-3.8K0.036.96N/AN/A701,715106