CTRM Options History — May 2025

In May 2025, CTRM traded between $2.15 and $2.43. ATM implied volatility averaged 96.2%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 55.6% (HV 20d: 40.5%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.85.

Notable Days

2025-05-12: Highest Volume — 56 contracts
2025-05-07: Largest IV spike — 123.1% change
2025-05-07: Highest IV Rank — 52.3%
2025-05-02: Largest Expected Move — 36.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.25	$2.15	$2.43	$2.19	$2.21
Max Pain	$3.21	$2.50	$5.00	$2.50	$2.50
ATM IV	96.2%	58.0%	194.9%	86.9%	67.8%
Expected Move	20.6%	10.8%	36.3%	24.9%	19.4%
HV 20d	40.5%	36.6%	47.1%	47.1%	39.8%
HV 60d	45.6%	44.3%	47.6%	44.3%	45.6%
IV Rank	21.5%	8.6%	52.3%	17.6%	13.3%
IV Percentile	39.0%	6.7%	90.9%	38.1%	14.7%
Term Structure	-15.4%	-100.4%	36.2%	-32.3%	-17.4%
VWIV	78.5%	64.2%	96.8%	66.4%	71.9%
Bid-Ask Spread %	123.58	88.51	144.61	144.48	116.74
Gamma HHI	0.89	0.70	0.98	0.93	0.96
Net GEX	2.9K	2.4K	3.5K	3.1K	3.1K
Net DEX	-227.2K	-285.2K	-165.5K	-165.5K	-229.2K
Net VEX	-1.1K	-1.3K	-1.0K	-1.0K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.00	10.00	0.25	0.33
Total Volume	8.619	0	56	0	4
Total OI	2,636.571	2,592	2,685	2,621	2,649

Daily Data (21 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
2025-05-01	$2.19	$2.50	86.9%	24.9%	47.1%	17.6%	0.0%	0.0%	-32.3%	3.1K	-165.5K	-1.0K	0.00	144.48	N/A	N/A	0	0	2,539	82
2025-05-02	$2.19	$2.50	126.6%	36.3%	43.0%	30.4%	0.0%	0.0%	-100.4%	2.7K	-221.2K	-1.2K	0.00	126.39	N/A	N/A	0	0	2,539	82
2025-05-05	$2.24	$5.00	124.2%	10.8%	43.7%	29.6%	0.0%	0.0%	30.7%	2.9K	-224.9K	-1.2K	0.25	139.62	N/A	N/A	8	2	2,539	82
2025-05-06	$2.17	$5.00	87.3%	22.1%	43.6%	17.8%	0.0%	0.0%	-5.9%	2.5K	-195.6K	-1.1K	10.00	96.43	N/A	N/A	1	10	2,547	84
2025-05-07	$2.17	$5.00	194.9%	19.9%	42.5%	52.3%	0.0%	0.0%	1.4%	2.4K	-204.7K	-1.1K	0.00	112.34	N/A	N/A	0	0	2,547	94
2025-05-08	$2.17	$5.00	147.7%	25.6%	37.4%	37.2%	0.0%	0.0%	-58.1%	2.5K	-197.7K	-1.1K	0.00	143.97	N/A	N/A	0	0	2,547	94
2025-05-09	$2.28	$5.00	178.6%	19.8%	37.8%	47.1%	0.0%	0.0%	-7.9%	3.2K	-224.9K	-1.2K	0.00	144.61	N/A	N/A	8	0	2,547	94
2025-05-12	$2.41	$5.00	104.7%	17.6%	41.5%	23.3%	66.4%	0.0%	-14.0%	3.1K	-276.2K	-1.3K	0.22	121.88	N/A	N/A	46	10	2,554	94
2025-05-13	$2.43	$2.50	139.4%	17.6%	38.1%	34.5%	64.2%	0.0%	-12.9%	3.4K	-285.2K	-1.3K	0.00	120.78	N/A	N/A	4	0	2,586	94
2025-05-14	$2.36	$2.50	60.5%	17.4%	39.4%	9.4%	0.0%	0.0%	-8.5%	2.8K	-272.9K	-1.3K	0.00	143.65	N/A	N/A	0	0	2,590	94
2025-05-15	$2.38	$2.50	73.1%	21.0%	37.2%	13.6%	0.0%	0.0%	-6.1%	2.8K	-260.5K	-1.2K	0.00	144.35	N/A	N/A	3	0	2,590	94
2025-05-16	$2.35	$2.50	58.0%	16.6%	37.7%	8.6%	96.8%	0.0%	-9.6%	3.0K	-238.6K	-1.2K	0.06	143.95	N/A	N/A	16	1	2,591	94
2025-05-19	$2.31	$2.50	65.2%	18.7%	36.6%	12.4%	0.0%	0.0%	-2.9%	3.3K	-266.5K	-1.2K	0.00	142.11	N/A	N/A	0	2	2,562	30
2025-05-20	$2.20	$2.50	62.3%	17.9%	41.0%	11.3%	0.0%	0.0%	-11.6%	2.9K	-213.0K	-1.1K	0.00	89.47	N/A	N/A	0	0	2,567	31
2025-05-21	$2.16	$2.50	90.0%	25.8%	41.6%	21.6%	89.0%	0.0%	-37.8%	2.7K	-208.8K	-1.0K	0.00	96.10	N/A	N/A	0	12	2,567	31
2025-05-22	$2.15	$2.50	72.7%	20.8%	40.7%	15.1%	88.1%	0.0%	-48.7%	2.8K	-203.4K	-1.0K	0.00	125.70	N/A	N/A	10	0	2,567	41
2025-05-23	$2.17	$2.50	70.4%	20.2%	40.9%	14.3%	0.0%	0.0%	20.7%	3.0K	-201.6K	-1.1K	0.00	88.51	N/A	N/A	12	0	2,577	41
2025-05-27	$2.21	$2.50	73.3%	21.0%	40.9%	15.4%	75.6%	0.0%	-15.3%	2.8K	-231.0K	-1.1K	0.00	117.00	N/A	N/A	2	0	2,588	41
2025-05-28	$2.22	$2.50	74.7%	21.4%	40.9%	15.9%	75.8%	0.0%	-23.0%	3.5K	-216.7K	-1.1K	0.21	131.25	N/A	N/A	24	5	2,589	41
2025-05-29	$2.24	$2.50	60.7%	17.4%	39.7%	10.7%	0.0%	0.0%	36.2%	3.5K	-233.4K	-1.1K	0.00	105.92	N/A	N/A	1	0	2,602	46
2025-05-30	$2.21	$2.50	67.8%	19.4%	39.8%	13.3%	71.9%	0.0%	-17.4%	3.1K	-229.2K	-1.1K	0.33	116.74	N/A	N/A	3	1	2,603	46