CAR Options History — April 2007

Name: CAR Options Analytics - April 2007
Creator: Options Analysis Suite

In April 2007, CAR traded between $28.02 and $29.31. ATM implied volatility averaged 25.3%. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.2% (HV 20d: 24.1%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.80.

Notable Days

2007-04-02: Highest Volume — 682 contracts
2007-04-09: Largest IV spike — 23.5% change
2007-04-23: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.49	$28.02	$29.31	$28.40	$28.13
Max Pain	$23.00	$22.50	$25.00	$25.00	$22.50
ATM IV	25.3%	20.1%	28.0%	25.4%	24.0%
Expected Move	7.3%	5.8%	8.0%	7.3%	6.9%
HV 20d	24.1%	21.3%	27.3%	27.3%	21.9%
HV 60d	22.5%	22.1%	23.0%	22.7%	22.5%
Term Structure	-2.7%	-5.2%	1.7%	0.2%	-5.2%
VWIV	26.3%	21.4%	35.5%	26.3%	24.7%
Skew 25d	-0.6%	-9.0%	8.5%	-6.0%	2.7%
Skew 10d	2.1%	-9.3%	13.7%	-6.9%	7.9%
Call IV 25d	25.4%	23.5%	27.8%	25.9%	23.5%
Put IV 25d	24.8%	16.9%	33.1%	20.0%	26.2%
Bid-Ask Spread %	11.04	4.81	21.58	13.68	7.78
Gamma HHI	0.39	0.34	0.47	0.39	0.36
Net GEX	267.3K	227.9K	338.0K	263.1K	240.5K
Net DEX	-17.4M	-18.8M	-15.5M	-17.5M	-15.5M
Net VEX	-110.3K	-116.8K	-101.9K	-112.6K	-106.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.00	9.20	0.21	1.06
Total Volume	186.3	16	682	682	261
Total OI	18,817.1	17,629	19,698	18,541	17,758

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 Vol	Put Vol	Call OI	Put OI
2007-04-02	$28.40	$25.00	25.4%	7.3%	27.3%	0.0%	26.3%	-6.0%	0.2%	263.1K	-17.5M	-112.6K	0.21	13.68	562	120	10,087	8,454
2007-04-03	$28.37	$25.00	20.1%	5.8%	27.1%	0.0%	22.1%	-7.1%	1.7%	277.2K	-17.7M	-112.3K	0.02	19.16	141	3	10,281	8,540
2007-04-04	$28.02	$25.00	20.8%	6.0%	26.9%	0.0%	35.5%	-8.3%	0.5%	245.2K	-16.7M	-114.5K	0.00	21.58	171	0	10,323	8,543
2007-04-05	$28.24	$25.00	22.7%	6.5%	27.0%	0.0%	0.0%	-9.0%	-2.1%	264.9K	-17.1M	-116.8K	0.95	15.59	132	125	10,442	8,543
2007-04-09	$28.31	$22.50	28.0%	7.7%	26.9%	0.0%	26.8%	1.6%	-4.0%	273.9K	-17.4M	-114.9K	0.00	15.55	125	0	10,556	8,663
2007-04-10	$28.70	$22.50	24.4%	7.4%	26.6%	0.0%	25.7%	3.8%	-2.8%	309.6K	-18.0M	-115.7K	0.18	6.18	245	45	10,615	8,663
2007-04-11	$28.44	$22.50	23.1%	7.6%	25.8%	0.0%	21.4%	3.5%	-3.4%	309.1K	-17.9M	-112.1K	0.00	17.23	145	0	10,762	8,658
2007-04-12	$28.64	$22.50	25.7%	7.4%	25.8%	0.0%	0.0%	4.6%	-2.8%	338.0K	-18.3M	-112.3K	0.59	4.81	76	45	10,800	8,658
2007-04-13	$28.43	$22.50	26.2%	7.5%	23.8%	0.0%	25.2%	3.9%	-3.1%	261.4K	-17.9M	-110.7K	1.67	17.56	6	10	10,835	8,691
2007-04-16	$28.52	$22.50	26.3%	7.5%	23.6%	0.0%	27.4%	4.0%	-3.4%	255.0K	-18.2M	-108.3K	0.38	6.84	209	80	10,832	8,700
2007-04-17	$28.75	$22.50	25.8%	7.4%	21.3%	0.0%	25.8%	-3.8%	-3.1%	287.4K	-18.8M	-109.8K	0.00	6.62	78	0	10,927	8,734
2007-04-18	$28.55	$22.50	27.2%	7.8%	21.3%	0.0%	0.0%	-6.1%	-4.3%	263.0K	-18.1M	-110.1K	0.00	6.75	30	0	10,946	8,734
2007-04-19	$28.27	$22.50	26.2%	7.5%	21.6%	0.0%	0.0%	-5.8%	-3.5%	247.3K	-17.5M	-111.4K	9.20	8.59	40	368	10,964	8,734
2007-04-20	$28.10	$22.50	26.6%	7.6%	21.7%	0.0%	26.6%	3.3%	-3.9%	227.9K	-17.0M	-111.6K	0.38	18.75	52	20	10,989	8,554
2007-04-23	$28.34	$22.50	27.7%	8.0%	21.9%	0.0%	28.0%	3.6%	-3.9%	227.9K	-15.7M	-107.6K	0.06	7.79	71	4	9,440	8,189
2007-04-24	$28.90	$22.50	25.7%	7.4%	22.7%	0.0%	25.7%	8.5%	-2.1%	256.1K	-16.9M	-108.0K	0.11	5.51	106	12	9,452	8,191
2007-04-25	$29.31	$22.50	26.1%	7.5%	22.9%	0.0%	26.1%	-0.5%	-2.4%	274.1K	-17.8M	-102.3K	0.13	7.12	173	23	9,458	8,195
2007-04-26	$28.81	$22.50	25.9%	7.4%	23.6%	0.0%	25.6%	-2.6%	-2.2%	268.0K	-17.2M	-101.9K	1.07	7.67	74	79	9,507	8,197
2007-04-27	$28.64	$22.50	27.5%	7.9%	22.0%	0.0%	27.5%	-2.7%	-3.7%	255.9K	-16.5M	-107.1K	0.06	6.07	90	5	9,512	8,215
2007-04-30	$28.13	$22.50	24.0%	6.9%	21.9%	0.0%	24.7%	2.7%	-5.2%	240.5K	-15.5M	-106.2K	1.06	7.78	127	134	9,544	8,214