CAR Options History — June 2019

In June 2019, CAR traded between $28.53 and $35.22. ATM implied volatility averaged 39.5%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 5.2% (HV 20d: 34.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.93.

Notable Days

  • 2019-06-14: Highest Volume — 12,035 contracts
  • 2019-06-10: Largest IV spike — 7.2% change
  • 2019-06-03: Highest IV Rank — 16.9%
  • 2019-06-03: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.65$28.53$35.22$28.53$34.99
Max Pain$31.40$30.00$35.00$35.00$32.00
ATM IV39.5%36.6%45.5%45.5%36.6%
Expected Move11.2%10.5%13.1%13.1%10.5%
HV 20d34.4%26.7%39.9%26.7%30.5%
HV 60d33.3%31.4%36.1%31.4%31.9%
IV Rank7.7%3.1%16.9%16.9%3.1%
IV Percentile17.2%3.2%48.4%48.4%3.2%
Term Structure6.2%-2.7%9.3%-2.7%9.3%
VWIV39.8%37.3%47.7%47.7%37.6%
Skew 25d5.5%4.7%6.4%6.1%4.8%
Skew 10d12.1%8.8%18.6%11.0%10.0%
Call IV 25d36.5%34.1%43.3%43.3%34.1%
Put IV 25d42.1%38.9%49.4%49.4%38.9%
Bid-Ask Spread %15.7111.7119.3012.6314.96
Gamma HHI0.080.070.120.090.08
Net GEX-928.5K-1.2M-478.8K-1.2M-478.8K
Net DEX25.0M1.6M59.1M59.1M3.1M
Net VEX-439.0K-462.6K-419.1K-445.5K-419.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.930.514.791.291.05
Total Volume1,696.2535712,0353571,183
Total OI87,319.982,28690,20187,88683,080

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$28.53$35.0045.5%13.1%26.7%16.9%47.7%6.1%-2.7%-1.2M59.1M-445.5K1.2912.6315620118,11969,767
2019-06-04$30.05$35.0042.5%12.2%35.3%12.2%41.9%4.8%-2.0%-1.2M49.3M-447.6K3.1811.7124979318,26069,370
2019-06-05$30.29$35.0041.4%11.9%31.9%10.6%40.8%5.7%-0.8%-1.2M48.5M-450.1K2.9412.8228884618,29069,864
2019-06-06$29.88$30.0041.2%11.4%31.9%10.2%40.9%6.0%7.3%-1.2M51.3M-440.4K3.3516.9626990218,30069,919
2019-06-07$29.99$30.0040.0%11.3%31.4%8.3%39.9%6.2%6.8%-1.2M50.2M-443.3K4.3817.912531,10718,30469,990
2019-06-10$30.38$30.0042.9%11.5%31.7%12.8%39.5%6.4%7.3%-1.2M48.0M-442.8K1.9615.2117935118,34870,301
2019-06-11$30.74$30.0041.4%11.3%31.4%10.5%40.1%5.5%7.2%-1.2M45.0M-443.7K1.8818.6228353218,43170,580
2019-06-12$30.74$30.0039.5%11.3%31.3%7.5%40.4%6.2%7.2%-1.2M46.4M-444.6K1.5715.8324738818,49370,842
2019-06-13$32.83$30.0039.4%11.3%39.8%7.4%41.6%5.6%6.9%-1.1M23.6M-446.0K0.9018.112,1111,89618,62769,322
2019-06-14$33.20$30.0039.9%11.4%39.9%8.2%40.3%5.9%6.6%-974.1K19.1M-462.6K4.7916.692,0789,95719,95070,251
2019-06-17$33.47$30.0039.8%11.4%37.6%8.0%40.0%5.1%7.7%-928.8K16.6M-449.4K0.7216.6563445920,08168,890
2019-06-18$34.42$31.0038.6%11.1%38.6%6.3%39.2%5.1%7.3%-831.2K6.8M-438.2K0.5114.211,15659120,12669,201
2019-06-19$34.59$31.0038.1%10.9%38.4%5.5%39.3%5.4%7.0%-919.0K5.6M-438.1K1.0216.3675176520,18169,385
2019-06-20$34.83$31.0036.9%10.6%36.2%3.5%38.5%5.3%8.1%-995.9K3.1M-435.9K1.4415.5443662920,20969,555
2019-06-21$34.51$31.0037.4%10.7%35.6%4.4%37.8%5.3%7.0%-669.6K7.4M-432.0K1.1119.3060967420,24569,617
2019-06-24$34.75$31.0037.3%10.7%35.4%4.2%37.8%6.3%8.1%-500.3K5.1M-426.7K1.5815.7516125518,20164,085
2019-06-25$35.22$32.0038.1%10.9%35.4%5.5%38.0%4.7%8.5%-479.6K1.6M-426.5K1.7415.7527046918,32064,293
2019-06-26$34.74$32.0037.1%10.6%36.2%3.9%37.3%4.9%8.7%-506.6K5.0M-424.3K1.5114.2129744718,34764,377
2019-06-27$34.81$32.0037.2%10.7%31.7%4.1%38.3%5.4%8.4%-499.9K5.1M-423.6K1.6114.9940365018,47364,404
2019-06-28$34.99$32.0036.6%10.5%30.5%3.1%37.6%4.8%9.3%-478.8K3.1M-419.1K1.0514.9657860518,55164,529