CAR Options History — October 2019

In October 2019, CAR traded between $25.74 and $31.03. ATM implied volatility averaged 61.2%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 15.6% (HV 20d: 45.6%). Max pain ranged from $27.00 to $31.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 6.25.

Notable Days

  • 2019-10-23: Highest Volume — 14,692 contracts
  • 2019-10-09: Largest IV spike — 27.6% change
  • 2019-10-31: Highest IV Rank — 68.4%
  • 2019-10-31: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.45$25.74$31.03$27.32$29.70
Max Pain$29.22$27.00$31.00$27.00$31.00
ATM IV61.2%43.4%77.9%43.4%77.9%
Expected Move18.2%12.4%22.3%12.4%22.3%
HV 20d45.6%38.0%53.5%49.2%38.6%
HV 60d45.8%42.9%48.0%42.9%45.5%
IV Rank43.8%17.5%68.4%17.5%68.4%
IV Percentile80.2%41.3%98.0%41.3%98.0%
Term Structure-10.3%-22.2%12.0%12.0%-22.2%
VWIV64.0%42.7%81.6%42.7%81.6%
Skew 25d7.5%5.1%9.7%5.6%8.1%
Skew 10d20.0%9.1%48.0%9.1%15.3%
Call IV 25d60.3%41.8%75.7%41.8%75.7%
Put IV 25d67.7%47.4%83.8%47.4%83.8%
Bid-Ask Spread %15.9011.8121.3017.7313.99
Gamma HHI0.130.090.260.110.11
Net GEX-1.1M-1.7M-724.8K-724.8K-1.4M
Net DEX28.1M16.6M41.0M24.2M27.1M
Net VEX-347.8K-368.0K-323.3K-323.5K-359.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.250.1255.291.232.24
Total Volume2,930.69614614,69237511,684
Total OI81,873.82671,44089,82571,44089,825

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$27.32$27.0043.4%12.4%49.2%17.5%42.7%5.6%12.0%-724.8K24.2M-323.5K1.2317.7316820716,18255,258
2019-10-02$25.90$27.0049.5%14.2%53.5%26.6%50.1%5.1%11.3%-758.2K31.8M-323.3K6.7119.249316,24716,23255,314
2019-10-03$25.79$28.0048.8%17.4%51.5%25.4%66.8%7.3%-8.3%-1.0M40.7M-346.8K2.6813.9313536216,28461,151
2019-10-04$26.18$28.0046.4%17.0%51.5%22.0%56.5%5.7%-7.2%-1.0M38.1M-348.5K0.1215.085967416,51361,337
2019-10-07$26.38$28.0048.2%17.6%42.0%24.6%58.5%6.0%-9.7%-1.0M37.2M-345.8K0.7721.30886816,55161,320
2019-10-08$25.74$28.0047.9%17.6%39.9%24.2%65.5%6.6%-9.1%-1.0M41.0M-338.6K1.6112.27569016,57061,306
2019-10-09$26.35$28.0061.1%17.5%39.9%43.6%61.2%6.6%-8.5%-1.0M37.3M-342.1K0.5517.071055816,62361,353
2019-10-10$26.64$28.0060.9%17.5%39.8%43.3%59.3%8.0%-9.4%-1.0M35.7M-342.2K0.3716.741595916,65961,399
2019-10-11$28.38$28.0061.2%17.5%46.3%43.7%60.1%7.0%-10.6%-924.4K23.5M-339.6K0.1216.193684516,67061,360
2019-10-14$28.39$28.0061.7%17.7%45.6%44.5%63.7%8.6%-10.6%-909.3K23.1M-334.2K0.2211.8150210816,74961,393
2019-10-15$29.27$28.0060.7%17.4%47.0%43.1%62.3%8.4%-11.0%-856.0K16.6M-337.7K1.2313.5524229717,16261,433
2019-10-16$28.68$28.0061.3%17.6%47.5%43.9%61.3%7.1%-11.8%-879.4K20.6M-337.0K28.9115.2334910,09117,29161,382
2019-10-17$29.41$30.0061.4%17.6%48.4%44.1%62.2%7.4%-11.6%-1.0M21.6M-349.0K0.6414.8626517017,39165,352
2019-10-18$28.78$30.0064.1%18.4%49.0%48.1%63.1%6.5%-12.6%-1.0M27.1M-344.7K12.7320.216117,77817,43665,354
2019-10-21$29.41$31.0067.4%19.3%49.6%52.8%66.7%8.9%-12.2%-1.7M35.9M-365.3K1.7516.4340670916,18471,539
2019-10-22$29.87$31.0066.9%19.2%43.7%52.2%67.4%8.0%-12.8%-1.7M32.7M-368.0K1.4820.391,6052,37516,42671,909
2019-10-23$31.03$30.0064.0%18.4%44.8%47.9%64.5%7.9%-11.9%-1.4M17.8M-359.9K55.2919.5826114,43117,94670,010
2019-10-24$29.97$31.0068.1%19.5%46.9%53.9%67.1%8.2%-13.1%-1.3M24.4M-364.2K3.2812.084621,51618,48068,268
2019-10-25$29.93$31.0068.4%19.6%46.5%54.4%68.6%7.7%-14.0%-1.3M23.9M-361.6K4.0712.3121587618,70968,244
2019-10-28$30.62$31.0070.7%20.3%45.8%57.8%71.7%8.4%-16.4%-1.3M18.8M-349.0K13.3614.371271,69718,72068,733
2019-10-29$30.38$31.0072.8%20.9%43.5%60.8%73.5%8.8%-16.8%-1.4M22.3M-360.9K2.0217.2411523218,76270,705
2019-10-30$30.12$31.0075.0%21.5%38.0%64.1%77.4%9.7%-19.5%-1.4M24.4M-358.9K2.3814.1113832818,83470,779
2019-10-31$29.70$31.0077.9%22.3%38.6%68.4%81.6%8.1%-22.2%-1.4M27.1M-359.2K2.2413.993,6038,08118,87670,949