CAR Options History — October 2018

In October 2018, CAR traded between $27.12 and $34.11. ATM implied volatility averaged 64.5%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 19.5% (HV 20d: 45.0%). Max pain ranged from $32.00 to $37.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 3.20.

Notable Days

2018-10-23: Highest Volume — 16,343 contracts
2018-10-10: Largest IV spike — 30.7% change
2018-10-29: Highest IV Rank — 100.0%
2018-10-30: Largest Expected Move — 26.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.17	$27.12	$34.11	$32.71	$28.46
Max Pain	$34.83	$32.00	$37.00	$32.00	$34.00
ATM IV	64.5%	40.0%	90.6%	40.2%	89.3%
Expected Move	19.1%	11.5%	26.0%	11.5%	25.6%
HV 20d	45.0%	33.7%	63.1%	35.9%	62.5%
HV 60d	52.6%	48.2%	58.5%	50.1%	56.3%
IV Rank	56.8%	11.9%	100.0%	12.3%	97.7%
IV Percentile	84.2%	35.3%	100.0%	37.7%	99.2%
Term Structure	-11.4%	-26.2%	13.5%	11.8%	-24.1%
VWIV	65.9%	38.3%	89.0%	38.3%	84.8%
Skew 25d	7.4%	3.2%	10.8%	4.9%	10.3%
Skew 10d	15.1%	6.3%	22.9%	9.3%	18.0%
Call IV 25d	62.9%	38.2%	86.1%	38.2%	84.1%
Put IV 25d	70.3%	41.6%	96.9%	43.0%	94.5%
Bid-Ask Spread %	19.78	13.55	37.27	17.24	16.89
Gamma HHI	0.08	0.07	0.09	0.08	0.09
Net GEX	-924.7K	-1.3M	-298.6K	-806.1K	-1.3M
Net DEX	51.2M	24.3M	77.0M	38.5M	70.6M
Net VEX	-528.4K	-609.9K	-434.0K	-563.8K	-456.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.20	0.82	5.25	1.15	1.41
Total Volume	11,203.957	4,596	16,343	8,138	7,018
Total OI	109,277.87	105,651	121,389	107,117	107,081

Daily Data (23 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
2018-10-01	$32.71	$32.00	40.2%	11.5%	35.9%	12.3%	38.3%	4.9%	11.8%	-806.1K	38.5M	-563.8K	1.15	17.24	3,793	4,345	36,317	70,800
2018-10-02	$32.91	$32.00	40.0%	11.5%	35.5%	12.0%	40.2%	4.2%	13.2%	-726.5K	35.0M	-561.0K	1.16	18.76	3,901	4,529	36,483	71,059
2018-10-03	$33.44	$32.00	40.0%	11.5%	33.7%	11.9%	39.6%	3.2%	13.5%	-617.8K	30.3M	-566.9K	1.20	15.69	3,708	4,443	36,660	71,107
2018-10-04	$32.95	$37.00	42.1%	16.0%	33.9%	15.9%	54.7%	5.5%	-8.7%	-694.6K	35.6M	-566.3K	1.88	21.14	2,630	4,933	36,811	71,502
2018-10-05	$33.11	$36.00	44.5%	16.0%	33.8%	20.3%	55.7%	7.2%	-8.3%	-660.2K	35.2M	-572.0K	0.84	13.74	2,693	2,273	37,146	71,659
2018-10-08	$34.11	$36.00	45.5%	16.4%	34.3%	22.2%	56.4%	7.0%	-10.4%	-432.0K	24.3M	-573.3K	0.94	16.24	2,374	2,222	37,489	71,698
2018-10-09	$31.76	$36.00	49.7%	17.3%	43.1%	29.9%	60.4%	4.7%	-11.6%	-876.7K	48.0M	-545.5K	0.82	22.95	2,987	2,451	37,556	71,799
2018-10-10	$30.91	$36.00	64.9%	18.6%	38.8%	58.3%	65.7%	3.8%	-10.9%	-1.0M	54.6M	-544.9K	1.05	37.27	2,651	2,793	37,788	72,106
2018-10-11	$30.83	$36.00	67.2%	19.3%	38.4%	62.6%	67.1%	7.8%	-15.1%	-1.1M	57.4M	-544.7K	4.35	27.57	3,043	13,241	37,959	72,362
2018-10-12	$31.35	$36.00	64.8%	18.6%	38.8%	58.1%	65.7%	8.3%	-12.9%	-1.2M	59.8M	-609.9K	5.25	18.66	2,495	13,107	38,282	83,107
2018-10-15	$32.72	$36.00	64.1%	18.4%	41.9%	56.9%	66.7%	8.8%	-12.6%	-578.1K	39.5M	-557.8K	4.48	19.83	2,879	12,905	38,367	73,654
2018-10-16	$33.26	$36.00	62.9%	18.0%	42.4%	54.5%	64.0%	7.9%	-13.1%	-366.6K	32.0M	-558.1K	4.57	19.34	2,854	13,049	38,634	73,387
2018-10-17	$33.18	$36.00	63.3%	18.2%	41.8%	55.4%	64.7%	7.8%	-11.8%	-298.6K	31.7M	-555.3K	5.14	18.04	2,578	13,243	38,817	73,279
2018-10-18	$31.14	$35.00	66.5%	19.1%	47.1%	61.3%	66.4%	6.9%	-14.1%	-1.0M	54.9M	-525.8K	5.15	21.95	2,599	13,378	38,866	73,366
2018-10-19	$31.30	$35.00	67.1%	19.2%	47.3%	62.3%	63.9%	7.9%	-15.0%	-1.1M	55.3M	-522.4K	4.99	15.83	2,586	12,915	38,931	73,658
2018-10-22	$31.43	$35.00	68.8%	19.7%	43.6%	65.6%	68.6%	8.1%	-12.7%	-1.1M	52.8M	-516.1K	5.16	13.55	2,579	13,301	34,479	71,172
2018-10-23	$30.99	$35.00	75.0%	21.5%	43.8%	77.1%	74.3%	10.3%	-17.0%	-1.1M	54.7M	-515.1K	4.48	29.01	2,983	13,360	34,816	71,950
2018-10-24	$27.91	$34.00	80.9%	23.2%	56.6%	88.0%	79.1%	7.7%	-17.5%	-1.3M	76.1M	-472.8K	4.39	16.27	2,375	10,434	35,357	72,805
2018-10-25	$28.92	$34.00	80.8%	23.2%	58.6%	87.8%	79.6%	9.6%	-18.8%	-1.2M	68.3M	-476.3K	4.18	14.77	2,409	10,076	35,667	70,597
2018-10-26	$27.79	$34.00	85.2%	24.4%	59.9%	96.1%	83.0%	8.0%	-18.4%	-1.3M	75.1M	-454.7K	4.48	18.48	2,085	9,346	35,569	70,605
2018-10-29	$27.12	$34.00	90.2%	25.9%	59.4%	100.0%	87.3%	10.8%	-21.2%	-1.2M	77.0M	-434.0K	4.62	19.55	2,024	9,348	35,613	70,610
2018-10-30	$28.58	$34.00	90.6%	26.0%	63.1%	100.0%	89.0%	8.7%	-26.2%	-1.2M	69.8M	-459.7K	1.83	22.23	2,388	4,367	35,774	70,647
2018-10-31	$28.46	$34.00	89.3%	25.6%	62.5%	97.7%	84.8%	10.3%	-24.1%	-1.3M	70.6M	-456.7K	1.41	16.89	2,913	4,105	36,096	70,985