CAR Options History — December 2022

In December 2022, CAR traded between $155.80 and $219.56. ATM implied volatility averaged 58.5%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 12.1% (HV 20d: 46.4%). Max pain ranged from $175.00 to $237.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.82.

Notable Days

  • 2022-12-23: Highest Volume — 5,079 contracts
  • 2022-12-27: Largest IV spike — 7.9% change
  • 2022-12-27: Highest IV Rank — 11.4%
  • 2022-12-27: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.30$155.80$219.56$219.56$163.11
Max Pain$186.67$175.00$237.50$237.50$175.00
ATM IV58.5%55.3%62.1%56.5%58.6%
Expected Move16.6%15.6%17.4%16.2%16.4%
HV 20d46.4%33.3%53.8%38.6%53.8%
HV 60d66.6%60.8%71.5%69.0%60.8%
IV Rank4.5%0.0%11.4%0.0%5.5%
IV Percentile3.6%0.0%13.1%0.0%4.4%
Term Structure0.9%-1.6%3.3%2.3%1.0%
VWIV58.8%51.6%64.0%64.0%56.8%
Skew 25d5.3%4.1%7.8%7.8%4.8%
Skew 10d10.2%6.8%13.0%9.1%10.0%
Call IV 25d56.7%54.0%59.5%54.4%56.6%
Put IV 25d62.0%59.1%66.2%62.3%61.4%
Bid-Ask Spread %73.4052.1781.3052.1774.03
Gamma HHI0.100.050.160.050.08
Net GEX-3.0M-4.5M-1.2M-1.2M-2.5M
Net DEX56.2M-53.1M126.0M-53.1M72.5M
Net VEX-599.7K-699.2K-511.5K-699.0K-516.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.820.394.813.300.77
Total Volume2,340.6676995,0792,6441,452
Total OI46,646.14342,16650,56343,61649,942

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$219.56$237.5056.5%16.2%38.6%0.0%64.0%7.8%2.3%-1.2M-53.1M-699.0K3.3052.176152,02914,56529,051
2022-12-02$218.77$235.0056.1%15.6%33.3%0.0%56.0%5.2%-1.6%-1.7M-48.8M-699.2K1.0854.9169474914,77930,019
2022-12-05$196.70$185.0058.8%16.9%49.5%4.6%58.3%5.3%-1.2%-2.1M19.5M-658.0K2.1375.791,2742,71713,41428,752
2022-12-06$193.88$185.0060.4%17.0%46.9%7.3%62.5%5.7%0.7%-2.8M31.9M-663.1K2.7076.166981,88713,88229,532
2022-12-07$190.53$185.0060.6%17.3%46.9%7.7%62.0%6.0%-0.9%-3.0M49.3M-665.3K2.3073.9937185214,14330,491
2022-12-08$186.56$185.0059.1%17.1%44.7%5.0%59.3%4.9%0.3%-3.8M72.3M-665.6K2.8677.955911,68914,26032,034
2022-12-09$182.23$185.0059.2%16.9%43.0%5.3%58.9%4.7%2.4%-4.0M81.7M-626.8K0.7778.5698275914,52531,534
2022-12-12$189.20$185.0059.8%17.1%46.4%6.3%60.3%6.7%-0.4%-2.7M35.7M-632.5K4.8179.597103,41714,19130,346
2022-12-13$189.44$185.0057.2%16.4%43.7%1.9%59.1%4.6%0.0%-3.0M34.1M-630.3K0.3976.4191536014,42131,372
2022-12-14$190.80$185.0056.9%16.3%43.8%1.3%59.5%4.1%0.3%-2.6M24.2M-611.3K1.3181.301,7552,30514,99231,361
2022-12-15$185.07$185.0058.0%16.6%44.3%3.3%58.2%4.9%0.2%-3.1M48.8M-634.3K2.6678.504751,26416,53833,138
2022-12-16$176.07$185.0058.6%16.6%45.8%4.3%57.5%5.5%-0.9%-3.0M102.6M-598.7K1.0675.971,1081,17316,62333,940
2022-12-19$172.49$185.0058.0%16.6%45.5%3.2%57.5%5.1%3.2%-2.7M62.6M-568.3K0.6670.361,5161,00713,77030,520
2022-12-20$171.99$180.0056.8%16.3%45.7%1.2%56.9%4.6%3.3%-2.5M58.3M-568.5K0.5770.5644525414,99831,011
2022-12-21$166.65$180.0055.3%15.9%45.7%0.0%51.6%5.1%3.2%-3.3M79.5M-548.2K3.7472.827462,78815,20731,108
2022-12-22$155.80$177.5058.9%16.8%49.2%6.1%58.7%5.2%1.3%-4.1M126.0M-511.5K0.8573.751,4601,24815,46532,286
2022-12-23$161.14$175.0057.6%16.3%51.9%3.8%58.1%5.1%2.1%-3.8M102.8M-544.3K2.6974.801,3753,70416,54732,686
2022-12-27$156.76$175.0062.1%17.4%52.1%11.4%61.0%6.7%0.4%-4.5M105.0M-517.7K0.9576.1669065615,70333,167
2022-12-28$157.94$175.0061.3%17.1%51.2%10.0%61.0%4.6%0.7%-4.3M96.5M-515.2K1.5975.7343168616,16333,283
2022-12-29$161.56$175.0058.7%16.4%53.0%5.7%58.1%4.5%1.6%-3.0M77.8M-518.3K1.0971.9262668116,42033,390
2022-12-30$163.11$175.0058.6%16.4%53.8%5.5%56.8%4.8%1.0%-2.5M72.5M-516.4K0.7774.0381963316,65933,283