CTRM Options History — March 2025

In March 2025, CTRM traded between $2.27 and $2.58. ATM implied volatility averaged 83.7%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded above realized volatility by 37.3% (HV 20d: 46.4%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.42.

Notable Days

  • 2025-03-11: Highest Volume — 243 contracts
  • 2025-03-06: Largest IV spike — 26.3% change
  • 2025-03-19: Highest IV Rank — 7.5%
  • 2025-03-21: Largest Expected Move — 82.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.47$2.27$2.58$2.48$2.27
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV83.7%62.9%96.5%74.0%62.9%
Expected Move28.4%20.1%82.2%21.2%25.9%
HV 20d46.4%33.8%54.8%33.8%52.1%
HV 60d40.7%38.1%45.4%40.1%39.6%
IV Rank6.0%3.6%7.5%4.9%3.6%
IV Percentile28.0%8.3%42.5%16.3%8.3%
Term Structure1.8%-14.6%49.9%-2.3%4.4%
VWIV98.3%54.7%139.9%139.9%76.5%
Bid-Ask Spread %118.2157.66145.12128.00104.21
Gamma HHI0.740.690.900.770.82
Net GEX3.0K2.3K3.6K2.4K3.5K
Net DEX-304.3K-337.0K-252.2K-304.5K-252.2K
Net VEX-1.5K-1.6K-1.4K-1.5K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.420.0015.002.751.50
Total Volume25.8570243410
Total OI2,654.2382,4592,7952,4592,697

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$2.48$2.5074.0%21.2%33.8%4.9%139.9%0.0%-2.3%2.4K-304.5K-1.5K0.00128.00N/AN/A042,341118
2025-03-04$2.42$2.5076.8%22.0%34.6%5.2%0.0%0.0%0.7%2.3K-265.3K-1.4K0.00129.95N/AN/A042,342122
2025-03-05$2.38$2.5073.1%20.9%34.8%4.8%67.0%0.0%2.5%2.4K-273.4K-1.4K2.75131.24N/AN/A4112,342120
2025-03-06$2.42$2.5092.3%26.5%35.6%7.0%119.0%0.0%0.1%2.7K-280.3K-1.5K0.00123.97N/AN/A3002,344120
2025-03-07$2.58$2.5088.4%25.3%42.2%6.6%0.0%0.0%-4.0%2.8K-317.0K-1.5K0.17120.48N/AN/A4172,363120
2025-03-10$2.41$2.5095.4%27.4%48.2%7.4%0.0%0.0%-12.7%2.5K-284.6K-1.5K0.00144.74N/AN/A012,404127
2025-03-11$2.44$2.5074.3%28.6%48.6%4.9%100.9%0.0%11.1%2.7K-277.1K-1.5K0.00145.12N/AN/A24302,404126
2025-03-12$2.40$2.5087.3%21.7%48.7%6.5%54.7%0.0%2.6%2.5K-298.4K-1.6K0.00117.28N/AN/A022,631126
2025-03-13$2.51$2.5089.2%43.6%51.7%6.7%131.2%0.0%-7.7%3.0K-308.2K-1.6K0.00123.97N/AN/A1602,631125
2025-03-14$2.44$2.5091.6%39.6%51.9%7.0%0.0%0.0%-6.0%2.8K-310.6K-1.5K0.00144.35N/AN/A302,639125
2025-03-17$2.55$2.5090.0%25.8%54.7%6.8%90.1%0.0%0.1%3.2K-318.0K-1.6K0.5059.31N/AN/A30152,636125
2025-03-18$2.52$2.5092.1%26.2%54.8%7.0%0.0%0.0%0.7%2.9K-326.1K-1.6K15.0057.66N/AN/A1152,655140
2025-03-19$2.56$2.5096.5%20.1%50.4%7.5%0.0%0.0%-14.6%3.0K-317.5K-1.6K0.0092.92N/AN/A002,655127
2025-03-20$2.55$0.0094.3%24.7%48.7%7.3%0.0%0.0%-7.6%2.7K-325.0K-1.6K0.00123.73N/AN/A002,655127
2025-03-21$2.53$0.0082.3%82.2%46.7%5.9%132.2%0.0%49.9%2.8K-325.1K-1.6K0.17122.82N/AN/A2952,655127
2025-03-24$2.49$2.5078.5%24.5%46.7%5.4%0.0%0.0%7.0%3.5K-325.1K-1.6K0.56118.15N/AN/A18102,62460
2025-03-25$2.53$2.5084.6%21.5%46.6%6.1%90.7%0.0%-11.0%3.6K-325.7K-1.6K0.65132.39N/AN/A23152,63961
2025-03-26$2.50$2.5081.7%22.2%46.7%5.8%79.0%0.0%0.7%3.6K-337.0K-1.6K0.00126.49N/AN/A302,64451
2025-03-27$2.50$2.5083.8%23.4%46.5%6.0%0.0%0.0%14.9%3.6K-332.7K-1.5K0.00130.79N/AN/A102,64451
2025-03-28$2.38$2.5068.4%21.9%49.7%4.2%76.5%0.0%9.6%3.6K-287.3K-1.5K0.00104.81N/AN/A202,64551
2025-03-31$2.27$2.5062.9%25.9%52.1%3.6%0.0%0.0%4.4%3.5K-252.2K-1.4K1.50104.21N/AN/A462,64651