CAR Options History — August 2022

In August 2022, CAR traded between $164.67 and $194.13. ATM implied volatility averaged 63.3%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded below realized volatility by 2.5% (HV 20d: 65.9%). Max pain ranged from $160.00 to $210.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.86.

Notable Days

  • 2022-08-02: Highest Volume — 17,467 contracts
  • 2022-08-02: Largest IV drop — 22.2% change
  • 2022-08-01: Highest IV Rank — 22.0%
  • 2022-08-01: Largest Expected Move — 28.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.10$164.67$194.13$181.27$169.68
Max Pain$181.20$160.00$210.00$210.00$177.50
ATM IV63.3%58.5%87.5%87.5%63.8%
Expected Move18.1%16.5%28.5%28.5%17.6%
HV 20d65.9%55.7%73.4%66.4%55.7%
HV 60d68.8%64.9%74.8%74.8%65.1%
IV Rank7.5%4.7%22.0%22.0%7.8%
IV Percentile15.5%8.3%56.7%56.7%15.9%
Term Structure0.1%-3.5%2.5%-3.5%0.7%
VWIV65.0%58.2%101.0%101.0%63.4%
Skew 25d3.1%-0.6%7.4%7.4%3.6%
Skew 10d7.0%-1.4%21.7%17.1%6.7%
Call IV 25d63.1%57.7%83.8%83.8%63.2%
Put IV 25d66.2%60.7%91.2%91.2%66.8%
Bid-Ask Spread %40.2730.8049.5039.1544.98
Gamma HHI0.100.050.270.050.05
Net GEX291.3K-2.2M2.1M-395.9K-510.9K
Net DEX-26.5M-58.3M17.9M-16.0M-11.2M
Net VEX-585.3K-638.9K-532.2K-637.8K-568.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.131.401.110.69
Total Volume4,263.69684817,46715,7025,012
Total OI39,478.47831,92247,68836,41632,940

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$181.27$210.0087.5%28.5%66.4%22.0%101.0%7.4%-3.5%-395.9K-16.0M-637.8K1.1139.157,4368,26611,77824,638
2022-08-02$171.89$200.0068.0%20.1%69.3%10.4%72.5%5.6%-1.2%-911.1K12.9M-607.3K0.6939.6710,3317,13616,63529,187
2022-08-03$181.40$200.0066.5%19.4%68.9%9.5%70.1%5.6%-0.9%1.4M-37.0M-638.9K0.8645.165,0064,29118,02429,664
2022-08-04$177.79$160.0064.8%18.3%67.5%8.4%66.7%5.7%-0.7%290.5K-17.5M-629.2K1.1735.023,2893,85417,45129,985
2022-08-05$182.85$170.0063.1%17.7%67.8%7.4%64.7%4.3%-1.7%39.7K-44.2M-609.3K1.0830.803,1463,41017,57130,070
2022-08-08$188.92$170.0063.0%18.1%65.3%7.3%65.0%4.5%0.5%513.9K-40.8M-607.3K1.2332.133,3184,09113,52326,119
2022-08-09$182.92$180.0063.4%18.1%67.1%7.6%63.8%4.1%-0.4%6.2K-20.6M-607.3K0.6433.0983753513,85226,574
2022-08-10$186.73$180.0061.6%17.5%66.6%6.5%62.1%3.8%-0.8%634.5K-34.7M-596.6K0.5638.6481245814,08926,810
2022-08-11$187.30$180.0060.3%17.5%63.8%5.7%63.7%3.9%0.3%969.6K-40.5M-576.4K0.6032.481,08665414,43126,859
2022-08-12$189.43$180.0058.5%16.9%63.8%4.7%59.3%3.1%0.9%1.3M-50.7M-570.0K1.0836.531,0141,09714,68827,159
2022-08-15$189.92$180.0058.6%16.9%63.8%4.7%59.9%2.9%1.0%1.2M-43.5M-562.5K0.8636.9389576713,73025,014
2022-08-16$194.13$180.0062.6%18.0%62.1%7.1%65.4%0.3%-0.2%1.7M-58.3M-576.9K0.1342.265,09364614,18925,342
2022-08-17$180.55$180.0060.8%17.4%68.4%6.0%62.8%-0.6%2.5%622.8K-24.5M-567.0K0.3846.111,72464817,25425,546
2022-08-18$181.82$180.0059.5%17.0%67.8%5.3%61.0%-0.2%0.7%204.3K-20.5M-559.8K1.0544.9784988817,55525,787
2022-08-19$171.26$180.0059.5%16.9%71.9%5.3%60.9%0.3%1.6%-2.2M17.9M-541.1K1.4048.088501,18717,62926,121
2022-08-22$164.67$180.0062.8%17.7%73.4%7.3%62.8%3.0%-1.1%-750.3K-2.8M-532.2K1.3140.188161,06512,91619,357
2022-08-23$173.18$180.0062.8%17.5%70.9%7.2%63.4%2.5%-0.1%-147.6K-21.5M-563.2K1.1741.361,1171,30713,46920,146
2022-08-24$178.34$180.0061.1%17.0%69.0%6.2%62.8%2.3%1.4%324.6K-35.6M-589.7K1.1540.9940546614,04921,445
2022-08-25$185.29$180.0059.2%16.5%64.8%5.1%58.2%2.1%1.4%866.2K-55.3M-587.3K0.4740.5569432614,13121,709
2022-08-26$176.83$180.0061.4%17.0%60.7%6.4%60.6%1.9%1.2%2.1M-30.6M-584.0K1.0941.3070276714,36521,815
2022-08-29$176.76$180.0062.7%17.6%60.4%7.2%61.9%3.4%1.1%-134-26.0M-586.4K0.6046.3353131711,54720,375
2022-08-30$169.44$180.0064.5%17.9%59.3%8.2%63.0%2.5%-0.1%-516.1K-9.6M-563.4K0.5149.5061431211,88920,578
2022-08-31$169.68$177.5063.8%17.6%55.7%7.8%63.4%3.6%0.7%-510.9K-11.2M-568.9K0.6944.982,9702,04212,21420,726