CAR Options History — January 2022

In January 2022, CAR traded between $162.25 and $202.65. ATM implied volatility averaged 89.8%, placing in the 24.8% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 51.8% (HV 20d: 38.0%). Max pain ranged from $140.00 to $190.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.63.

Notable Days

  • 2022-01-18: Highest Volume — 38,968 contracts
  • 2022-01-18: Largest IV spike — 31.3% change
  • 2022-01-21: Highest IV Rank — 35.5%
  • 2022-01-31: Largest Expected Move — 34.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$187.41$162.25$202.65$202.26$173.09
Max Pain$169.00$140.00$190.00$160.00$190.00
ATM IV89.8%71.6%108.0%73.6%104.6%
Expected Move27.8%20.3%34.9%20.4%34.9%
HV 20d38.0%29.4%44.4%44.4%39.8%
HV 60d158.3%67.9%169.5%169.5%67.9%
IV Rank24.8%14.1%35.5%15.2%33.5%
IV Percentile84.2%67.1%96.0%73.8%92.1%
Term Structure-0.1%-9.0%16.3%-0.0%-3.2%
VWIV97.4%65.0%121.8%65.0%121.8%
Skew 25d3.1%-0.8%8.0%2.4%5.3%
Skew 10d5.4%-4.2%13.6%3.9%8.9%
Call IV 25d90.6%73.0%110.8%74.5%101.6%
Put IV 25d93.7%75.3%114.0%76.9%106.9%
Bid-Ask Spread %61.2652.8873.5853.9460.73
Gamma HHI0.150.080.210.170.10
Net GEX-1.5M-3.1M-600.5K-1.4M-652.3K
Net DEX-114.1M-239.7M53.2M-239.7M-8.1M
Net VEX-993.7K-1.1M-839.9K-1.1M-957.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.630.832.751.092.75
Total Volume12,8238,33238,9688,3329,509
Total OI93,998.653,194115,981107,83554,255

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$202.26$160.0073.6%20.4%44.4%15.2%65.0%2.4%-0.0%-1.4M-239.7M-1.1M1.0953.943,9804,35241,95965,876
2022-01-04$202.65$160.0074.0%20.3%42.7%15.5%70.0%3.9%-1.1%-1.3M-237.5M-1.1M1.0553.594,4804,71042,49165,959
2022-01-05$195.79$160.0074.1%20.8%41.0%15.5%73.9%3.1%1.7%-1.7M-187.9M-1.1M1.1754.104,5005,27042,95366,133
2022-01-06$200.13$140.0074.6%25.0%42.8%15.8%89.0%2.9%5.8%-1.6M-219.3M-1.1M0.9667.804,8694,65243,33966,753
2022-01-07$198.19$140.0072.8%24.9%42.8%14.8%88.4%8.0%-2.4%-2.0M-204.1M-1.0M0.8363.615,0194,18044,52266,961
2022-01-10$196.89$140.0078.1%24.2%42.8%17.9%86.2%-0.8%5.0%-1.5M-188.2M-957.2K1.6661.133,8296,34042,69466,162
2022-01-11$199.46$145.0071.6%22.9%43.0%14.1%83.2%1.6%8.0%-1.4M-176.8M-974.6K1.7170.313,7516,41442,13667,782
2022-01-12$193.85$145.0074.4%23.3%41.7%15.7%86.6%6.2%7.9%-1.9M-122.3M-908.2K2.1173.583,9578,34942,38068,106
2022-01-13$193.56$160.0075.1%24.8%41.7%16.1%90.5%2.2%16.3%-2.0M-133.2M-918.3K1.1969.944,3365,16342,29868,715
2022-01-14$195.80$160.0077.2%24.2%39.7%17.4%87.7%3.5%11.8%-1.9M-158.4M-902.6K1.2564.534,3025,37743,00568,780
2022-01-18$195.16$160.00101.4%29.9%39.5%31.6%104.5%1.2%-8.6%-1.4M-144.5M-839.9K0.9659.7719,84319,12542,71268,529
2022-01-19$190.20$190.00104.7%30.0%39.5%33.5%104.3%3.0%-7.8%-1.3M-187.5M-987.7K0.8760.557,7636,74443,18968,908
2022-01-20$187.52$190.00103.4%30.1%32.5%32.8%105.4%2.7%-9.0%-970.0K-137.7M-956.0K1.3366.539,60512,73741,70368,973
2022-01-21$177.80$190.00108.0%31.6%35.1%35.5%112.1%3.2%-6.9%-600.5K-50.7M-1.0M2.3660.004,90311,58944,06771,914
2022-01-24$175.03$190.00105.5%33.2%31.2%34.0%119.2%2.4%-3.0%-1.4M3.9M-1.0M1.7552.884,6048,05420,42032,774
2022-01-25$171.97$190.00107.5%33.5%31.1%35.2%112.3%4.0%-8.6%-1.3M9.0M-1.0M2.4655.523,5698,76421,51333,538
2022-01-26$171.20$190.00102.0%33.4%29.7%32.0%115.8%3.6%1.6%-1.4M8.7M-1.0M2.5057.543,1727,92921,58134,118
2022-01-27$165.43$190.00107.0%34.2%29.5%34.9%121.0%1.1%-4.6%-1.8M38.5M-991.7K2.3758.833,0927,33321,91334,280
2022-01-28$162.25$190.00107.0%34.2%29.4%34.9%111.1%2.8%-5.5%-3.1M53.2M-954.9K2.2460.353,1737,12222,27934,302
2022-01-31$173.09$190.00104.6%34.9%39.8%33.5%121.8%5.3%-3.2%-652.3K-8.1M-957.9K2.7560.732,5396,97021,12133,134