CTRM Options History — September 2025

In September 2025, CTRM traded between $1.92 and $2.23. ATM implied volatility averaged 77.5%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 43.6% (HV 20d: 34.0%). 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 6 of 21 days. Put/call ratio averaged 0.17.

Notable Days

2025-09-05: Highest Volume — 91 contracts
2025-09-08: Largest IV spike — 49.9% change
2025-09-12: Highest IV Rank — 24.1%
2025-09-12: Largest Expected Move — 30.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.09	$1.92	$2.23	$2.08	$2.08
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	77.5%	54.9%	104.7%	62.1%	77.6%
Expected Move	20.8%	13.5%	30.0%	17.8%	22.3%
HV 20d	34.0%	25.6%	39.7%	25.6%	38.6%
HV 60d	34.2%	31.2%	37.6%	37.3%	32.5%
IV Rank	13.5%	4.7%	24.1%	7.5%	13.6%
IV Percentile	36.4%	7.9%	71.4%	15.5%	36.5%
Term Structure	-8.5%	-49.4%	36.5%	32.3%	-49.4%
VWIV	76.5%	41.7%	142.3%	75.8%	76.4%
Bid-Ask Spread %	83.35	37.73	110.14	86.41	97.88
Gamma HHI	0.99	0.98	0.99	0.99	0.98
Net GEX	6.0K	3.2K	8.2K	5.3K	6.3K
Net DEX	-113.4K	-176.7K	-20.3K	-127.7K	-72.2K
Net VEX	-476	-600	-223	-600	-308
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	1.00	0.00	1.00
Total Volume	17.095	0	91	14	0
Total OI	2,459.524	2,397	2,532	2,397	2,466

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
2025-09-02	$2.08	$2.50	62.1%	17.8%	25.6%	7.5%	75.8%	0.0%	32.3%	5.3K	-127.7K	-600	0.00	86.41	N/A	N/A	0	14	2,332	65
2025-09-03	$2.02	$2.50	59.6%	17.1%	27.4%	6.6%	0.0%	0.0%	25.4%	4.8K	-102.2K	-535	0.00	83.91	N/A	N/A	10	0	2,332	66
2025-09-04	$2.04	$2.50	63.3%	18.4%	27.4%	8.0%	53.1%	0.0%	-35.5%	5.3K	-108.9K	-561	0.15	104.03	N/A	N/A	26	4	2,342	66
2025-09-05	$1.98	$2.50	69.5%	20.0%	29.1%	10.4%	82.1%	0.0%	-4.7%	4.7K	-101.1K	-512	0.14	71.19	N/A	N/A	80	11	2,368	67
2025-09-08	$1.92	$2.50	104.1%	14.4%	30.6%	23.8%	0.0%	0.0%	36.5%	3.2K	-20.3K	-223	0.00	65.18	N/A	N/A	25	0	2,370	78
2025-09-09	$1.96	$2.50	101.8%	13.5%	31.9%	23.0%	55.6%	0.0%	27.4%	3.5K	-21.7K	-252	0.11	65.35	N/A	N/A	9	1	2,369	78
2025-09-10	$1.99	$2.50	71.3%	20.4%	32.1%	11.1%	71.4%	0.0%	-4.1%	4.9K	-74.4K	-425	0.00	92.51	N/A	N/A	19	0	2,378	68
2025-09-11	$1.99	$2.50	72.3%	20.7%	31.1%	11.5%	0.0%	0.0%	-2.7%	5.0K	-76.8K	-446	0.00	93.41	N/A	N/A	25	0	2,395	68
2025-09-12	$2.02	$2.50	104.7%	30.0%	31.5%	24.1%	105.3%	0.0%	-33.0%	4.7K	-133.4K	-542	0.00	77.74	N/A	N/A	8	0	2,416	68
2025-09-15	$2.02	$2.50	85.3%	24.5%	31.5%	16.6%	93.9%	0.0%	-21.3%	4.8K	-101.9K	-468	0.00	86.05	N/A	N/A	16	0	2,423	68
2025-09-16	$2.17	$2.50	54.9%	15.7%	39.7%	4.7%	41.7%	0.0%	32.9%	8.2K	-99.4K	-490	0.00	81.31	N/A	N/A	26	0	2,435	68
2025-09-17	$2.21	$2.50	66.0%	18.9%	38.0%	9.0%	67.9%	0.0%	11.8%	7.9K	-146.4K	-578	1.00	87.68	N/A	N/A	7	7	2,446	68
2025-09-18	$2.21	$2.50	84.0%	24.1%	36.6%	16.0%	0.0%	0.0%	-37.3%	7.4K	-174.6K	-583	0.30	79.11	N/A	N/A	20	6	2,442	71
2025-09-19	$2.19	$2.50	73.8%	21.2%	36.7%	12.1%	60.4%	0.0%	-31.1%	7.2K	-176.7K	-578	0.00	37.73	N/A	N/A	0	2	2,462	70
2025-09-22	$2.22	$2.50	73.9%	21.2%	36.7%	12.1%	64.9%	0.0%	-23.4%	7.8K	-159.3K	-534	0.12	95.11	N/A	N/A	25	3	2,382	53
2025-09-23	$2.23	$2.50	76.8%	22.0%	36.6%	13.2%	0.0%	0.0%	-10.1%	7.6K	-169.8K	-538	0.00	110.14	N/A	N/A	0	0	2,396	56
2025-09-24	$2.20	$2.50	88.3%	25.3%	36.9%	17.7%	142.3%	0.0%	-30.4%	7.7K	-170.5K	-537	0.00	79.11	N/A	N/A	1	0	2,396	56
2025-09-25	$2.20	$2.50	84.6%	24.3%	36.9%	16.3%	0.0%	0.0%	-12.9%	7.0K	-164.8K	-514	0.00	98.14	N/A	N/A	1	0	2,397	56
2025-09-26	$2.13	$2.50	78.4%	22.5%	38.7%	13.9%	80.3%	0.0%	-16.4%	7.1K	-107.5K	-427	0.00	95.28	N/A	N/A	5	0	2,398	56
2025-09-29	$2.08	$2.50	76.0%	21.8%	39.5%	12.9%	76.4%	0.0%	-33.0%	6.3K	-72.3K	-335	1.00	63.09	N/A	N/A	4	4	2,403	56
2025-09-30	$2.08	$2.50	77.6%	22.3%	38.6%	13.6%	0.0%	0.0%	-49.4%	6.3K	-72.2K	-308	0.00	97.88	N/A	N/A	0	0	2,407	59