CTRM Options History — January 2025

In January 2025, CTRM traded between $2.63 and $2.92. ATM implied volatility averaged 114.2%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 33.1%. IV traded above realized volatility by 69.9% (HV 20d: 44.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 11.29.

Notable Days

2025-01-16: Highest Volume — 342 contracts
2025-01-27: Largest IV spike — 121.4% change
2025-01-27: Highest IV Rank — 26.7%
2025-01-27: Largest Expected Move — 74.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.75	$2.63	$2.92	$2.84	$2.63
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	114.2%	67.9%	260.4%	67.9%	156.0%
Expected Move	33.1%	19.5%	74.7%	19.5%	44.7%
HV 20d	44.3%	31.2%	56.1%	54.2%	31.8%
HV 60d	39.6%	38.3%	40.0%	38.4%	40.0%
IV Rank	9.6%	4.2%	26.7%	4.2%	14.5%
IV Percentile	37.7%	10.7%	83.7%	10.7%	62.3%
Term Structure	-17.7%	-85.4%	81.0%	81.0%	-42.0%
VWIV	120.8%	55.7%	187.9%	81.8%	107.2%
Bid-Ask Spread %	134.28	63.99	153.79	63.99	143.40
Gamma HHI	0.57	0.45	0.66	0.65	0.45
Net GEX	-49	-326	282	-259	41
Net DEX	-9.5K	-15.6K	-5.3K	-5.3K	-8.0K
Net VEX	-74	-105	-29	-83	-105
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	11.29	0.00	170.00	0.00	0.04
Total Volume	27.45	0	342	14	2
Total OI	331.7	176	689	368	262

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-01-02	$2.84	$2.50	67.9%	19.5%	54.2%	4.2%	81.8%	0.0%	81.0%	-259	-5.3K	-83	0.00	63.99	N/A	N/A	14	0	256	112
2025-01-03	$2.84	$2.50	76.8%	22.0%	53.4%	5.2%	171.9%	0.0%	-4.8%	-208	-8.6K	-96	0.00	82.06	N/A	N/A	2	0	268	112
2025-01-06	$2.92	$2.50	73.4%	25.2%	54.5%	4.8%	80.3%	0.0%	-7.0%	-146	-9.6K	-84	0.17	148.21	N/A	N/A	6	1	268	112
2025-01-07	$2.80	$2.50	78.1%	42.6%	55.9%	5.4%	0.0%	0.0%	-21.3%	-257	-7.1K	-87	0.00	145.78	N/A	N/A	11	0	269	113
2025-01-08	$2.71	$2.50	79.9%	29.8%	55.9%	5.6%	142.6%	0.0%	-16.3%	-326	-7.6K	-92	0.50	134.38	N/A	N/A	2	1	275	113
2025-01-10	$2.75	$2.50	97.1%	21.0%	56.0%	7.6%	94.8%	0.0%	-6.4%	-292	-6.8K	-90	0.00	149.24	N/A	N/A	4	0	277	114
2025-01-13	$2.74	$2.50	129.3%	32.9%	55.9%	11.4%	97.9%	0.0%	-10.0%	-309	-6.3K	-84	0.00	123.10	N/A	N/A	5	0	277	114
2025-01-14	$2.75	$2.50	134.4%	25.5%	56.1%	12.0%	0.0%	0.0%	-15.5%	-205	-9.8K	-48	10.00	140.27	N/A	N/A	1	10	281	113
2025-01-15	$2.83	$2.50	84.4%	24.2%	50.1%	6.1%	0.0%	0.0%	-8.1%	24	-13.6K	-35	0.00	148.80	N/A	N/A	0	1	281	113
2025-01-16	$2.81	$2.50	115.1%	33.0%	48.3%	9.7%	55.7%	0.0%	0.0%	188	-14.1K	-37	170.00	147.47	N/A	N/A	2	340	281	112
2025-01-17	$2.76	$2.50	102.8%	29.5%	45.0%	8.3%	0.0%	0.0%	-44.8%	231	-9.3K	-56	0.07	126.04	N/A	N/A	15	1	281	408
2025-01-21	$2.79	$2.50	69.6%	20.0%	35.2%	4.4%	136.5%	0.0%	-85.4%	13	-14.2K	-29	0.03	142.93	N/A	N/A	35	1	144	32
2025-01-22	$2.75	$2.50	150.2%	43.0%	33.6%	13.8%	187.9%	0.0%	-19.1%	59	-15.6K	-47	6.50	132.19	N/A	N/A	4	26	175	33
2025-01-23	$2.74	$2.50	160.8%	46.1%	33.4%	15.1%	172.1%	0.0%	-59.3%	282	-13.3K	-43	2.88	149.30	N/A	N/A	8	23	175	44
2025-01-24	$2.74	$2.50	117.6%	33.7%	33.3%	10.0%	0.0%	0.0%	-8.2%	45	-6.7K	-72	0.00	153.79	N/A	N/A	0	0	176	66
2025-01-27	$2.66	$2.50	260.4%	74.7%	34.5%	26.7%	0.0%	0.0%	-16.2%	92	-10.3K	-100	0.00	145.96	N/A	N/A	1	0	176	66
2025-01-28	$2.68	$2.50	144.3%	41.4%	34.4%	13.1%	0.0%	0.0%	-33.7%	48	-7.0K	-96	0.00	153.18	N/A	N/A	1	0	177	66
2025-01-29	$2.67	$2.50	78.8%	22.6%	34.4%	5.5%	0.0%	0.0%	-6.1%	-48	-9.7K	-93	1.67	150.24	N/A	N/A	3	5	176	66
2025-01-30	$2.68	$2.50	107.2%	30.7%	31.2%	8.8%	107.2%	0.0%	-13.7%	46	-7.3K	-95	0.04	105.30	N/A	N/A	23	1	179	71
2025-01-31	$2.63	$2.50	156.0%	44.7%	31.8%	14.5%	0.0%	0.0%	-42.0%	41	-8.0K	-105	0.00	143.40	N/A	N/A	0	2	190	72