CAR Options History — September 2022

In September 2022, CAR traded between $138.65 and $175.36. ATM implied volatility averaged 70.0%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 5.9% (HV 20d: 64.1%). Max pain ranged from $150.00 to $177.50. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.07.

Notable Days

  • 2022-09-28: Highest Volume — 7,864 contracts
  • 2022-09-27: Largest IV spike — 8.8% change
  • 2022-09-29: Highest IV Rank — 14.2%
  • 2022-09-29: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$154.52$138.65$175.36$163.74$149.47
Max Pain$157.50$150.00$177.50$177.50$150.00
ATM IV70.0%63.5%81.1%63.7%79.7%
Expected Move20.0%17.5%23.3%17.5%21.9%
HV 20d64.1%53.4%78.2%56.6%78.2%
HV 60d64.1%61.3%67.6%65.3%67.3%
IV Rank8.6%4.5%14.2%7.7%13.3%
IV Percentile22.1%13.5%39.3%15.5%36.5%
Term Structure2.5%-1.5%9.3%-0.8%7.2%
VWIV70.6%62.2%81.9%62.2%77.1%
Skew 25d6.1%2.8%9.3%4.0%6.9%
Skew 10d11.5%6.1%15.2%6.3%15.2%
Call IV 25d67.6%62.2%79.2%63.3%73.8%
Put IV 25d73.7%65.9%87.7%67.3%80.7%
Bid-Ask Spread %34.7425.3451.8951.7433.54
Gamma HHI0.070.050.090.060.09
Net GEX-835.1K-1.7M466.6K-1.5M-589.7K
Net DEX8.4M-44.3M50.0M7.1M-873.3K
Net VEX-541.7K-571.4K-500.4K-561.5K-546.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.501.670.811.11
Total Volume3,797.6191,1177,8641,1177,757
Total OI35,894.23832,69839,79133,86539,791

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$163.74$177.5063.7%17.5%56.6%7.7%62.2%4.0%-0.8%-1.5M7.1M-561.5K0.8151.7461750012,45821,407
2022-09-02$161.51$175.0063.9%17.5%55.4%7.7%63.2%3.7%1.7%-1.4M11.6M-555.3K1.1251.8977887212,73721,432
2022-09-06$155.78$175.0066.5%19.4%54.3%9.0%67.1%4.3%-1.0%-1.4M21.0M-532.5K0.8627.232,7972,39611,94420,934
2022-09-07$158.42$170.0067.8%19.5%54.4%7.9%67.7%4.1%-0.1%-1.1M13.5M-553.6K0.5527.513,3941,85712,86821,907
2022-09-08$157.10$170.0066.7%19.2%53.4%6.5%66.6%6.1%1.4%-1.4M12.6M-554.9K1.3825.3456878313,26022,035
2022-09-09$167.83$170.0063.5%18.4%59.6%4.5%65.0%2.8%-0.8%-40.2K-22.4M-550.4K0.5031.282,0861,03813,37122,320
2022-09-12$175.36$150.0065.8%18.8%61.9%5.8%67.2%4.0%-0.7%319.3K-44.3M-571.4K1.2334.0857971013,07622,006
2022-09-13$164.62$155.0067.7%19.4%65.3%7.0%71.0%5.5%1.0%-501.4K-14.7M-559.9K0.6130.803,4562,12413,29522,324
2022-09-14$161.83$155.0066.2%19.6%64.4%6.1%70.8%9.3%3.3%-378.6K-22.2M-541.8K1.6335.1655189813,44722,654
2022-09-15$162.71$155.0066.5%19.4%60.0%6.3%68.8%8.6%1.5%-1.2M-4.6M-551.3K1.6739.7755692713,79523,018
2022-09-16$147.27$155.0070.0%19.8%68.5%8.1%68.5%7.8%-1.5%-1.3M42.8M-519.2K0.8332.763,5652,95314,14123,461
2022-09-19$155.22$150.0068.1%19.5%69.4%6.9%68.8%6.2%1.8%-470.3K885.5K-535.6K1.5428.041,2911,98711,98620,712
2022-09-20$150.87$150.0069.1%19.8%68.8%7.6%69.5%6.5%0.5%-772.5K13.3M-540.6K1.0829.1765770812,59622,486
2022-09-21$150.10$150.0069.3%19.9%65.7%7.7%69.5%6.3%4.3%-759.7K11.2M-532.0K1.1734.1878892512,99022,784
2022-09-22$140.71$150.0070.6%20.2%67.2%8.5%69.6%7.3%1.1%-1.7M46.6M-500.4K0.5937.771,7381,03213,33522,955
2022-09-23$138.65$150.0072.1%20.4%64.6%9.4%72.8%6.8%1.7%-1.6M50.0M-511.4K1.1036.621,2661,38914,21823,333
2022-09-26$139.53$150.0073.7%21.1%63.8%10.4%74.5%4.9%6.8%-897.2K33.6M-524.2K0.6639.113,2802,15612,84022,683
2022-09-27$145.30$150.0080.2%23.0%66.4%13.6%81.9%8.5%7.3%-315.8K13.7M-538.3K0.9134.983,1142,82113,51122,961
2022-09-28$155.88$150.0076.6%22.0%70.9%11.4%80.0%8.8%8.8%466.6K-23.3M-552.5K1.6332.092,9954,86913,96723,595
2022-09-29$142.95$150.0081.1%23.3%76.7%14.2%81.1%6.8%9.3%-877.0K30.1M-543.1K1.4736.432,8194,15314,42224,724
2022-09-30$149.47$150.0079.7%21.9%78.2%13.3%77.1%6.9%7.2%-589.7K-873.3K-546.6K1.1133.543,6784,07914,64225,149