CAR Options History — May 2022

In May 2022, CAR traded between $173.83 and $288.33. ATM implied volatility averaged 86.3%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 24.9%. IV traded above realized volatility by 6.2% (HV 20d: 80.2%). Max pain ranged from $240.00 to $250.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-05-02: Highest Volume — 10,608 contracts
  • 2022-05-03: Largest IV drop — 23.2% change
  • 2022-05-02: Highest IV Rank — 35.1%
  • 2022-05-02: Largest Expected Move — 35.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$216.75$173.83$288.33$276.82$192.00
Max Pain$248.57$240.00$250.00$240.00$250.00
ATM IV86.3%78.9%107.4%107.4%84.5%
Expected Move24.9%22.6%35.2%35.2%23.9%
HV 20d80.2%71.6%87.4%84.9%85.1%
HV 60d93.2%90.8%97.5%94.3%92.8%
IV Rank22.7%18.3%35.1%35.1%20.8%
IV Percentile65.3%53.2%92.5%92.5%61.1%
Term Structure-0.9%-5.3%3.0%-5.3%-4.0%
VWIV88.3%78.5%124.2%124.2%85.7%
Skew 25d6.0%2.3%10.2%2.3%6.3%
Skew 10d12.0%6.2%20.9%6.2%14.8%
Call IV 25d84.5%75.0%108.4%108.4%82.5%
Put IV 25d90.5%83.3%110.7%110.7%88.9%
Bid-Ask Spread %46.1936.9962.9754.1047.38
Gamma HHI0.100.050.390.060.05
Net GEX-2.2M-4.2M228.8K-1.7M-471.5K
Net DEX7.7M-201.0M161.4M-126.5M6.2M
Net VEX-727.7K-861.5K-614.4K-861.5K-681.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.672.341.330.86
Total Volume6,736.5244,90610,60810,6085,343
Total OI43,634.33330,77752,92046,26132,435

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$276.82$240.00107.4%35.2%84.9%35.1%124.2%2.3%-5.3%-1.7M-126.5M-861.5K1.3354.104,5526,05613,15533,106
2022-05-03$283.15$240.0082.5%24.9%79.2%20.4%88.5%2.7%-0.2%-447.7K-178.0M-781.4K1.0461.334,3804,56215,94735,975
2022-05-04$288.33$240.0080.2%23.8%78.8%19.1%89.2%4.6%-0.8%228.8K-201.0M-748.1K1.2462.973,0663,81616,23636,684
2022-05-05$273.37$250.0082.8%23.6%71.6%20.7%82.5%5.8%-1.0%-1.6M-135.3M-790.8K2.3439.912,5585,98716,54636,162
2022-05-06$254.92$250.0084.4%23.7%76.2%21.6%83.6%5.3%2.4%-1.3M-47.8M-818.6K1.0736.993,2943,52716,58636,195
2022-05-09$225.92$250.0092.2%25.0%87.4%26.2%88.1%3.9%-4.7%-3.6M9.1M-798.4K1.0337.562,4162,49012,99331,844
2022-05-10$224.22$250.0088.7%25.0%86.5%24.1%87.9%8.1%-3.7%-3.7M14.7M-806.5K1.0337.772,4312,51313,28732,073
2022-05-11$220.15$250.0092.4%25.4%86.4%26.3%90.0%7.3%-4.9%-3.9M23.8M-770.9K1.4941.402,5953,87813,42432,192
2022-05-12$219.05$250.0089.9%25.2%84.5%24.8%87.4%7.2%-2.3%-4.2M31.5M-789.3K1.0041.522,6162,62313,78432,528
2022-05-13$207.74$250.0086.8%24.2%85.8%23.0%85.5%4.0%-4.0%-4.1M70.4M-735.9K0.8745.504,2103,68114,02632,495
2022-05-16$207.53$250.0084.0%24.1%85.8%21.3%86.3%4.8%-0.1%-4.0M59.7M-721.8K0.8742.753,3092,87713,91032,284
2022-05-17$211.26$250.0081.0%23.2%82.4%19.6%78.5%7.0%-1.0%-3.9M40.9M-709.5K0.6750.923,5322,37614,42232,274
2022-05-18$187.26$250.0088.0%25.2%72.5%23.7%92.8%8.4%1.4%-3.1M135.8M-650.6K1.7348.093,1055,37914,78832,352
2022-05-19$181.93$250.0085.0%24.3%72.5%22.0%85.1%4.9%2.8%-3.0M158.3M-634.1K1.0747.673,0133,21715,11433,664
2022-05-20$174.18$250.0085.6%24.6%72.7%22.3%89.4%5.9%3.0%-2.9M161.4M-614.4K1.6146.073,6585,87515,49432,943
2022-05-23$183.94$250.0085.0%24.8%77.5%21.9%88.0%9.1%-0.6%-897.5K32.7M-660.5K1.0741.402,8253,0129,63821,139
2022-05-24$173.83$250.0086.0%25.2%73.8%22.5%89.1%4.5%2.8%-1.1M51.1M-655.4K1.2446.302,4763,05810,13421,545
2022-05-25$180.00$250.0086.7%25.3%75.9%23.0%87.7%10.2%0.4%-940.5K37.7M-668.2K1.0247.702,4442,48610,34521,873
2022-05-26$184.94$250.0081.3%23.8%77.6%19.7%84.2%5.6%-0.0%-846.2K31.3M-673.7K0.8446.133,1982,69210,58722,089
2022-05-27$201.14$250.0078.9%22.6%85.9%18.3%81.4%8.3%1.5%-469.1K-13.1M-710.4K0.9246.413,2983,04311,50122,552
2022-05-31$192.00$250.0084.5%23.9%85.1%20.8%85.7%6.3%-4.0%-471.5K6.2M-681.0K0.8647.382,8732,47010,89521,540