CAR Options History — April 2022

In April 2022, CAR traded between $248.60 and $321.15. ATM implied volatility averaged 103.6%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 29.7%. IV traded above realized volatility by 16.8% (HV 20d: 86.8%). Max pain ranged from $200.00 to $240.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.22.

Notable Days

  • 2022-04-20: Highest Volume — 11,685 contracts
  • 2022-04-04: Largest IV spike — 6.9% change
  • 2022-04-27: Highest IV Rank — 38.1%
  • 2022-04-27: Largest Expected Move — 34.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$274.97$248.60$321.15$260.55$269.24
Max Pain$226.00$200.00$240.00$230.00$240.00
ATM IV103.6%89.0%112.4%89.0%108.3%
Expected Move29.7%26.6%34.0%26.8%33.2%
HV 20d86.8%64.7%102.2%101.6%84.6%
HV 60d90.8%85.0%95.1%85.0%94.5%
IV Rank32.9%24.3%38.1%24.3%35.7%
IV Percentile88.9%76.6%96.4%76.6%93.7%
Term Structure-3.2%-8.1%17.3%17.3%-6.6%
VWIV105.8%94.7%125.6%95.2%119.0%
Skew 25d3.5%1.2%9.4%2.6%1.9%
Skew 10d6.8%-1.0%12.0%-1.0%1.9%
Call IV 25d103.5%83.9%113.7%83.9%111.6%
Put IV 25d107.0%86.5%116.5%86.5%113.5%
Bid-Ask Spread %53.3544.1660.1457.6648.79
Gamma HHI0.060.040.190.050.06
Net GEX-69.3K-2.1M2.6M304.1K-1.7M
Net DEX-158.1M-263.1M-90.9M-134.0M-90.9M
Net VEX-792.8K-897.1K-689.6K-776.4K-897.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.484.870.761.55
Total Volume6,013.53,94711,6856,1106,942
Total OI40,779.7534,31048,48140,64348,481

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$260.55$230.0089.0%26.8%101.6%24.3%95.2%2.6%17.3%304.1K-134.0M-776.4K0.7657.663,4622,64815,36825,275
2022-04-04$284.62$230.0095.1%26.9%98.1%27.9%94.9%4.4%-1.9%1.4M-209.6M-771.9K0.6854.713,4952,35913,68624,408
2022-04-05$277.38$240.0098.3%26.6%97.9%29.8%94.7%4.3%-2.4%1.5M-195.3M-777.9K1.2355.652,5373,12514,52324,873
2022-04-06$250.11$240.00102.5%27.9%102.1%32.2%99.1%2.1%-2.8%-936.2K-104.3M-808.9K1.3758.022,6433,63014,83725,721
2022-04-07$253.17$240.00101.2%27.5%102.0%31.5%96.6%9.4%-1.8%-711.1K-119.7M-794.1K1.0959.432,2232,41815,07726,161
2022-04-08$248.60$240.00100.3%27.3%102.2%30.9%96.7%1.2%-5.2%-1.4M-104.5M-801.2K0.9656.512,2182,13915,11226,227
2022-04-11$255.87$240.00105.3%28.9%102.2%33.9%106.2%4.5%-3.7%-317.1K-129.2M-764.3K0.4860.143,5801,72214,03425,222
2022-04-12$258.26$200.00104.4%28.6%99.5%33.4%102.3%6.3%-2.8%-205.6K-146.0M-767.4K0.8059.883,7733,02815,15625,484
2022-04-13$268.89$200.00101.9%28.4%73.1%31.9%103.2%2.9%-3.5%1.2M-176.6M-753.7K0.8859.553,2312,83615,05326,155
2022-04-14$268.34$200.00101.5%28.5%66.9%31.6%99.3%4.3%-3.8%2.6M-172.5M-743.8K1.0360.012,9303,03015,22326,785
2022-04-18$266.85$200.00104.7%29.6%64.7%33.5%103.2%2.0%-6.4%-265.5K-140.5M-728.4K0.6049.552,4651,48211,12723,183
2022-04-19$283.19$210.00103.7%29.5%66.0%33.0%103.6%3.2%-1.6%406.2K-177.0M-711.9K0.7949.372,5602,01411,43223,386
2022-04-20$321.15$215.00104.0%29.8%78.7%33.1%107.1%2.9%-6.1%1.1M-263.1M-689.6K0.7848.786,5715,11412,11624,047
2022-04-21$310.10$230.00105.0%30.4%78.9%33.8%106.9%2.9%-5.0%1.2M-236.2M-818.7K0.7244.163,8682,80114,57126,884
2022-04-22$299.17$230.00107.3%31.2%80.2%35.1%110.2%3.0%-4.3%-222.8K-199.2M-829.5K1.2445.262,9833,70314,55227,487
2022-04-25$300.96$230.00108.8%32.7%79.7%36.0%115.7%2.3%-4.8%-197.4K-195.2M-815.9K1.0251.202,5652,62213,27827,771
2022-04-26$273.36$230.00110.0%33.4%87.3%36.7%117.9%3.6%-4.4%-1.3M-126.8M-844.5K1.3652.212,2713,08913,89628,330
2022-04-27$275.33$235.00112.4%34.0%86.1%38.1%125.6%2.8%-8.1%-1.6M-125.4M-868.9K4.8747.179024,39614,10229,032
2022-04-28$274.33$240.00109.1%33.2%84.5%36.1%117.9%4.2%-7.0%-2.1M-115.3M-891.1K2.1748.982,1754,72014,76832,772
2022-04-29$269.24$240.00108.3%33.2%84.6%35.7%119.0%1.9%-6.6%-1.7M-90.9M-897.1K1.5548.792,7174,22514,81833,663