CAR Options History — July 2022

In July 2022, CAR traded between $148.81 and $184.47. ATM implied volatility averaged 92.0%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded above realized volatility by 29.8% (HV 20d: 62.2%). Max pain ranged from $190.00 to $270.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.25.

Notable Days

  • 2022-07-29: Highest Volume — 8,834 contracts
  • 2022-07-05: Largest IV spike — 4.8% change
  • 2022-07-12: Highest IV Rank — 26.9%
  • 2022-07-26: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$156.96$148.81$184.47$150.98$184.47
Max Pain$250.00$190.00$270.00$190.00$220.00
ATM IV92.0%87.2%95.7%88.0%87.2%
Expected Move26.4%23.3%28.1%23.3%27.0%
HV 20d62.2%52.8%71.5%65.8%65.9%
HV 60d73.7%68.8%77.4%77.4%74.9%
IV Rank24.7%21.8%26.9%22.4%21.8%
IV Percentile67.4%56.3%73.4%65.1%56.3%
Term Structure-2.2%-4.5%3.8%2.2%-4.1%
VWIV93.2%87.5%98.1%87.5%97.3%
Skew 25d8.0%5.5%12.1%12.1%5.5%
Skew 10d15.8%11.7%18.0%16.3%15.6%
Call IV 25d88.8%79.8%92.3%79.8%87.3%
Put IV 25d96.9%91.9%101.7%91.9%92.7%
Bid-Ask Spread %41.7234.4749.6049.6034.47
Gamma HHI0.100.050.350.080.14
Net GEX-1.3M-3.0M760.6K-2.0M334.7K
Net DEX38.6M-48.6M70.6M70.0M-48.6M
Net VEX-626.1K-675.8K-591.0K-613.8K-636.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.732.001.840.96
Total Volume6,338.154,8268,8346,6528,834
Total OI36,684.933,65139,82037,45837,943

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$150.98$190.0088.0%23.3%65.8%22.4%87.5%12.1%2.2%-2.0M70.0M-613.8K1.8449.602,3424,31011,30826,150
2022-07-05$156.11$270.0092.3%27.2%67.5%24.9%92.9%9.1%3.8%-1.6M54.1M-617.3K1.1342.902,7913,1489,86325,070
2022-07-06$149.48$270.0095.0%26.6%68.4%26.6%89.7%9.0%-1.4%-1.9M70.0M-624.0K1.4443.062,6823,84910,88325,896
2022-07-07$157.89$270.0093.5%26.1%71.5%25.6%94.1%10.5%2.1%-1.1M48.2M-642.8K2.0042.872,4354,86311,30726,100
2022-07-08$157.13$260.0093.1%25.6%68.9%25.4%89.6%8.7%-4.5%-2.1M53.9M-634.0K1.2844.082,2882,93111,34826,909
2022-07-11$150.12$260.0095.5%26.4%68.7%26.8%92.4%7.3%-0.4%-2.2M70.6M-604.1K1.2144.932,2922,7679,61126,040
2022-07-12$152.13$260.0095.7%26.3%68.3%26.9%93.5%10.3%-4.5%-2.1M64.8M-607.0K1.4144.332,4503,45810,20926,166
2022-07-13$157.41$260.0093.8%25.8%65.6%25.8%90.3%7.8%-4.1%-2.1M52.9M-613.5K1.3347.742,7303,62010,70326,711
2022-07-14$150.77$260.0093.6%26.1%67.0%25.7%93.8%8.3%-3.1%-3.0M68.5M-630.0K1.5440.952,4213,72311,58327,554
2022-07-15$151.44$260.0092.4%25.7%60.6%25.0%90.1%7.7%-2.4%-3.0M62.9M-650.3K1.3844.432,7423,78011,86327,957
2022-07-18$152.46$250.0092.0%26.1%53.7%24.8%92.6%8.2%-3.0%-1.1M42.3M-642.9K1.1635.662,4122,7949,89123,760
2022-07-19$160.71$250.0092.0%26.2%57.0%24.8%93.8%7.6%-4.0%-909.7K26.7M-656.7K0.7638.524,3393,29010,19724,140
2022-07-20$159.47$250.0091.0%26.1%57.0%24.1%92.9%6.8%-2.6%139.1K8.0M-675.8K0.9739.062,6072,51612,40624,969
2022-07-21$156.58$250.0090.6%26.1%54.7%23.9%92.2%7.4%-3.2%760.6K16.9M-655.2K1.0837.983,2473,50912,63125,125
2022-07-22$156.57$250.0089.6%25.9%54.6%23.3%91.5%6.5%-2.2%-1.1M14.9M-605.7K0.7340.505,0863,72611,99424,698
2022-07-25$158.75$250.0091.8%27.5%52.8%24.6%97.0%7.0%-4.1%-677.8K26.9M-620.1K1.2840.832,6023,33610,70224,150
2022-07-26$148.81$240.0093.3%28.1%56.5%25.5%98.1%7.5%-3.5%-1.1M51.7M-591.0K1.2942.302,3062,97511,18424,373
2022-07-27$157.53$240.0090.5%27.9%57.2%23.8%97.7%7.3%-3.7%-749.1K28.5M-594.1K1.2043.472,1932,63311,24224,596
2022-07-28$170.31$240.0089.0%28.1%61.7%22.9%97.6%6.1%-1.7%-19.0K-11.3M-607.0K0.9536.683,4553,28111,50524,961
2022-07-29$184.47$220.0087.2%27.0%65.9%21.8%97.3%5.5%-4.1%334.7K-48.6M-636.2K0.9634.474,5114,32312,33025,613