CAR Options History — October 2021

In October 2021, CAR traded between $121.34 and $176.65. ATM implied volatility averaged 75.4%, placing in the 49.7% IV rank vs the trailing year. The 30-day expected move averaged 21.4%. IV traded above realized volatility by 13.8% (HV 20d: 61.7%). Max pain ranged from $92.50 to $140.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.94.

Notable Days

  • 2021-10-20: Highest Volume — 22,722 contracts
  • 2021-10-13: Largest IV drop — 30.2% change
  • 2021-10-12: Highest IV Rank — 100.0%
  • 2021-10-29: Largest Expected Move — 27.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$151.23$121.34$176.65$121.92$173.67
Max Pain$114.29$92.50$140.00$110.00$140.00
ATM IV75.4%60.5%106.9%63.4%96.5%
Expected Move21.4%18.2%27.7%18.2%27.7%
HV 20d61.7%54.2%68.4%67.7%55.7%
HV 60d67.6%56.3%69.9%68.1%56.3%
IV Rank49.7%27.4%100.0%33.7%82.5%
IV Percentile76.1%38.5%100.0%45.2%99.6%
Term Structure-7.8%-18.9%5.8%5.8%-18.9%
VWIV79.0%65.6%104.2%65.6%104.2%
Skew 25d7.2%4.7%10.1%4.7%7.4%
Skew 10d16.0%8.9%26.4%11.1%16.6%
Call IV 25d72.4%60.2%94.5%60.2%94.5%
Put IV 25d79.6%65.0%101.9%65.0%101.9%
Bid-Ask Spread %31.0025.0139.8727.0030.97
Gamma HHI0.080.050.090.090.06
Net GEX1.8M542.4K3.0M1.7M1.0M
Net DEX-619.6M-808.3M-407.1M-416.6M-723.9M
Net VEX-1.2M-1.9M-881.6K-1.0M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.674.571.842.68
Total Volume12,537.7141,88922,7223,86813,551
Total OI143,016.143118,570176,468124,411176,468

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$121.92$110.0063.4%18.2%67.7%33.7%65.6%4.7%5.8%1.7M-416.6M-1.0M1.8427.001,3642,50450,37574,036
2021-10-04$121.34$92.5065.5%19.7%66.5%38.1%74.7%10.1%-7.9%1.6M-407.1M-1.0M2.8227.664951,39450,92575,068
2021-10-05$128.08$92.5060.5%18.8%68.0%27.4%70.8%9.1%-6.5%2.0M-477.9M-952.1K2.5230.061,9124,82150,71476,014
2021-10-06$128.13$95.0062.3%19.1%64.3%31.2%73.1%9.6%-7.6%1.8M-472.4M-947.0K1.1232.642,1582,41950,80976,455
2021-10-07$125.44$95.0061.4%19.0%65.7%29.3%69.8%10.0%-6.6%1.9M-457.1M-931.7K1.3439.872,3573,15251,04677,720
2021-10-08$137.10$95.0067.7%20.8%65.3%42.8%74.0%5.3%-8.4%2.0M-568.2M-927.4K1.0339.047,8498,08452,26178,652
2021-10-11$142.61$100.0085.6%21.2%65.4%81.1%75.3%6.8%-11.0%2.1M-613.5M-881.6K1.0934.804,7235,16752,39379,755
2021-10-12$152.85$100.00106.9%23.4%66.7%100.0%83.0%6.6%-13.5%2.0M-716.3M-914.8K1.4635.257,54111,01556,79084,508
2021-10-13$149.26$105.0074.6%21.4%68.4%45.5%76.8%9.5%-7.5%2.1M-691.6M-944.1K2.2031.405,05611,13959,10287,703
2021-10-14$146.04$105.0072.0%20.6%64.9%41.0%75.6%8.1%-6.5%865.1K-646.4M-1.1M2.6325.253,6229,52763,15592,818
2021-10-15$152.26$105.0070.4%20.2%60.0%38.3%76.0%7.2%-2.6%3.0M-727.8M-951.2K0.6730.127,9605,30663,20895,167
2021-10-18$158.56$110.0070.3%20.2%59.5%38.2%78.0%6.7%-5.0%2.6M-607.4M-934.5K0.9727.0510,77010,46950,46268,108
2021-10-19$158.58$110.0069.0%19.8%59.7%36.0%73.2%6.2%-4.9%3.0M-631.9M-1.0M2.6225.782,1865,72653,52170,053
2021-10-20$160.57$120.0069.4%19.9%58.8%36.7%75.8%4.7%-4.9%2.8M-632.0M-1.3M2.6927.146,15516,56756,92078,189
2021-10-21$167.07$130.0072.5%20.8%55.9%42.0%79.2%7.1%-6.1%2.1M-685.5M-1.3M4.5725.013,05413,96358,68387,796
2021-10-22$167.23$135.0075.1%21.5%55.9%46.4%77.4%6.4%-6.5%1.4M-669.1M-1.5M2.1531.014,2979,21859,35492,878
2021-10-25$176.65$140.0078.6%22.5%54.2%52.2%84.1%5.9%-9.6%2.2M-808.3M-1.4M2.2126.574,2089,28862,39995,543
2021-10-26$169.86$140.0082.6%23.7%57.9%59.0%85.6%6.2%-7.9%1.3M-707.8M-1.5M1.3033.846,1237,98362,26396,521
2021-10-27$166.86$140.0087.4%25.1%57.8%67.1%92.5%6.4%-13.2%542.4K-653.1M-1.7M1.8237.285,0689,20864,69899,967
2021-10-28$171.74$140.0092.4%26.5%56.4%75.5%94.8%6.6%-15.2%899.9K-698.1M-1.9M0.9433.238,2007,69367,640103,202
2021-10-29$173.67$140.0096.5%27.7%55.7%82.5%104.2%7.4%-18.9%1.0M-723.9M-1.8M2.6830.973,6829,86970,116106,352