CTRM Options History — January 2026

In January 2026, CTRM traded between $1.99 and $2.63. ATM implied volatility averaged 103.4%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 25.3%. IV traded above realized volatility by 52.9% (HV 20d: 50.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.09.

Notable Days

  • 2026-01-12: Highest Volume — 1,011 contracts
  • 2026-01-12: Largest IV spike — 145.7% change
  • 2026-01-13: Highest IV Rank — 69.1%
  • 2026-01-09: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.17$1.99$2.63$2.14$2.38
Max Pain$2.88$2.50$5.00$2.50$2.50
ATM IV103.4%54.3%219.8%101.5%112.9%
Expected Move25.3%15.6%34.7%29.1%32.4%
HV 20d50.6%42.5%74.7%65.0%74.7%
HV 60d49.0%46.7%62.0%46.9%62.0%
IV Rank23.7%4.5%69.1%22.9%27.4%
IV Percentile60.4%7.9%98.8%77.0%83.7%
Term Structure14.3%-70.0%93.4%93.4%-16.4%
VWIV88.3%53.8%168.4%67.7%108.6%
Bid-Ask Spread %97.4428.14134.05115.38118.93
Gamma HHI0.800.610.990.980.77
Net GEX7.5K89026.3K24.8K3.1K
Net DEX-157.4K-450.0K-22.2K-415.3K-176.8K
Net VEX-635-1.3K-282-1.3K-971
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.000.940.000.00
Total Volume139.9501,0111405
Total OI6,018.351,0489,7739,7602,269

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$2.14$2.50101.5%29.1%65.0%22.9%0.0%0.0%93.4%24.8K-415.3K-1.3K0.00115.38N/AN/A019,612148
2026-01-05$2.17$5.00115.3%24.8%63.4%28.3%0.0%0.0%-17.3%26.2K-450.0K-1.2K0.00113.34N/AN/A1309,612148
2026-01-06$2.16$5.00120.6%31.2%55.5%30.4%0.0%0.0%-69.8%25.8K-433.9K-1.2K0.00122.92N/AN/A009,614148
2026-01-07$2.16$5.00127.1%21.6%53.8%32.9%67.7%0.0%8.0%25.7K-433.9K-1.1K0.00106.43N/AN/A1209,614148
2026-01-08$2.17$2.50135.2%30.6%48.7%36.1%0.0%0.0%-69.0%26.3K-449.4K-1.1K0.00134.05N/AN/A009,626147
2026-01-09$2.13$2.5077.3%34.7%48.7%13.5%97.2%0.0%-70.0%963-33.2K-3380.19102.62N/AN/A2759,626147
2026-01-12$2.15$2.50190.0%29.5%45.4%57.5%0.0%0.0%-51.5%927-32.1K-3430.00118.26N/AN/A1,01109,617152
2026-01-13$2.16$2.50219.8%23.4%45.4%69.1%0.0%0.0%6.6%917-39.2K-3660.00121.50N/AN/A409,608152
2026-01-14$2.12$2.50101.3%29.0%45.6%22.8%0.0%0.0%-50.2%936-40.2K-3640.00125.98N/AN/A209,607152
2026-01-15$2.13$2.50102.6%29.4%43.8%23.4%0.0%0.0%81.3%924-36.8K-3510.00131.64N/AN/A309,609151
2026-01-16$2.04$2.5098.5%28.2%45.7%21.8%0.0%0.0%-14.9%890-35.9K-3370.0094.99N/AN/A109,609151
2026-01-20$1.99$2.5054.3%15.6%46.3%4.5%53.8%0.0%89.8%1.0K-31.9K-2820.2570.65N/AN/A41909139
2026-01-21$2.08$2.5058.8%16.8%48.2%6.3%0.0%0.0%87.0%909-28.2K-3030.0075.55N/AN/A120912140
2026-01-22$2.12$2.5060.8%17.4%42.8%7.1%168.4%0.0%86.1%1.0K-22.2K-2870.0065.94N/AN/A100924140
2026-01-23$2.11$2.5061.7%17.7%42.5%7.4%0.0%0.0%86.7%1.0K-24.7K-2910.0065.94N/AN/A10934140
2026-01-26$2.07$2.5057.8%16.6%42.7%5.9%61.1%0.0%88.9%926-36.4K-3200.2228.14N/AN/A92934140
2026-01-27$2.17$2.5074.0%21.2%46.0%12.2%59.6%0.0%67.3%987-39.4K-3380.0066.88N/AN/A9480943142
2026-01-28$2.27$2.5096.4%27.6%43.7%21.0%87.8%0.0%-8.9%3.1K-155.1K-8350.9496.78N/AN/A1391301,877142
2026-01-29$2.63$2.50102.5%29.4%63.3%23.3%90.6%0.0%-41.2%3.1K-234.2K-1.1K0.0272.92N/AN/A5812,012272
2026-01-30$2.38$2.50112.9%32.4%74.7%27.4%108.6%0.0%-16.4%3.1K-176.8K-9710.00118.93N/AN/A40501,997272