CAR Options History — February 2024

In February 2024, CAR traded between $100.25 and $169.20. ATM implied volatility averaged 56.7%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 21.0% (HV 20d: 77.7%). Max pain ranged from $100.00 to $175.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2024-02-13: Highest Volume — 32,595 contracts
  • 2024-02-13: Largest IV drop — 14.7% change
  • 2024-02-20: Highest IV Rank — 61.5%
  • 2024-02-12: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$132.10$100.25$169.20$163.41$107.91
Max Pain$140.50$100.00$175.00$175.00$110.00
ATM IV56.7%50.7%64.0%57.7%52.9%
Expected Move15.7%14.6%18.1%15.1%14.7%
HV 20d77.7%32.6%106.2%32.6%106.2%
HV 60d56.7%37.4%70.5%37.6%68.6%
IV Rank47.6%32.8%61.5%39.7%48.3%
IV Percentile73.2%53.2%90.5%77.8%59.5%
Term Structure-1.3%-4.4%2.5%-1.9%-0.3%
VWIV56.2%52.6%64.7%53.1%53.7%
Skew 25d1.3%-2.5%8.1%2.3%-2.5%
Skew 10d1.7%-9.4%10.7%4.9%0.2%
Call IV 25d57.2%52.1%64.3%58.2%56.4%
Put IV 25d58.6%51.8%65.0%60.5%53.8%
Bid-Ask Spread %34.8425.0444.4328.5437.20
Gamma HHI0.090.040.180.180.06
Net GEX319.6K-3.3M2.9M-3.3M1.3M
Net DEX54.9M-4.0M132.5M47.9M32.6M
Net VEX-711.8K-839.4K-638.1K-660.5K-839.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.182.200.370.27
Total Volume8,698.1591632,5959922,849
Total OI43,406.1524,78062,57926,04655,938

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$163.41$175.0057.7%15.1%32.6%39.7%53.1%2.3%-1.9%-3.3M47.9M-660.5K0.3728.547242688,91517,131
2024-02-02$162.20$175.0058.3%15.3%32.6%40.7%56.6%2.9%-2.9%-1.3M51.7M-645.4K0.3433.171,1213829,41717,247
2024-02-05$155.80$175.0058.7%15.8%35.4%41.3%55.8%2.7%-3.0%-528.7K37.6M-640.5K0.8432.511,5441,2909,26915,511
2024-02-06$164.17$170.0058.3%16.0%39.9%40.8%56.2%8.1%-2.0%1.0M12.1M-660.4K0.1831.784,55479910,48516,488
2024-02-07$166.63$170.0059.3%15.9%40.3%42.3%55.5%2.0%-3.6%2.9M-4.0M-708.7K2.2033.904811,05813,20917,020
2024-02-08$165.70$170.0058.9%16.3%40.3%41.6%58.4%1.9%-2.6%2.9M5.4M-713.3K0.7929.4751140513,31417,723
2024-02-09$167.87$170.0059.9%16.4%40.2%43.4%59.5%1.3%-4.4%1.0M-1.7M-715.7K0.3131.981,82755913,49817,956
2024-02-12$169.20$170.0064.0%18.1%37.7%51.2%64.7%0.7%-3.5%820.5K-3.8M-714.9K0.5230.147,5323,94611,73816,877
2024-02-13$129.84$170.0054.6%15.6%102.3%36.2%54.9%0.1%-0.9%-2.1M105.2M-638.1K0.6141.6720,29612,29917,33019,947
2024-02-14$120.14$140.0052.0%14.9%105.0%32.8%54.6%-0.8%0.8%-980.2K127.3M-736.0K0.8937.9413,32511,89030,80525,381
2024-02-15$120.44$135.0050.7%14.6%103.7%43.0%52.6%-0.3%-0.5%1.9M90.9M-695.9K0.8144.435,3494,33337,99223,479
2024-02-16$113.35$135.0055.0%15.7%104.6%53.6%55.3%0.7%0.9%-1.0M132.5M-646.5K0.5943.889,3245,47138,87523,704
2024-02-20$106.47$110.0058.3%16.8%103.8%61.5%60.6%2.5%-1.7%-464.1K92.5M-665.6K0.7230.656,0214,31925,97720,889
2024-02-21$101.78$110.0056.7%16.5%103.9%57.7%57.8%2.2%0.6%-320.7K98.3M-671.8K0.4041.189,9983,96529,17122,114
2024-02-22$100.25$100.0057.7%15.9%103.8%59.9%56.4%1.8%2.5%-325.8K91.4M-688.6K0.5433.214,4292,40332,01822,156
2024-02-23$104.94$100.0056.3%15.6%104.8%56.7%55.7%-0.0%-1.0%2.4M55.3M-761.8K0.3335.058,1702,68134,63022,363
2024-02-26$107.82$105.0055.6%15.1%105.9%54.8%53.6%0.2%-1.3%575.8K44.0M-792.4K0.9938.076,6806,63028,79021,631
2024-02-27$106.75$110.0055.4%15.3%105.3%54.5%54.9%-0.1%-0.7%774.5K45.0M-811.1K0.3625.042,63295430,33823,451
2024-02-28$107.27$110.0053.9%15.2%105.8%50.9%54.5%0.9%-0.5%1.1M37.2M-828.8K1.2436.921,3161,62831,56623,780
2024-02-29$107.91$110.0052.9%14.7%106.2%48.3%53.7%-2.5%-0.3%1.3M32.6M-839.4K0.2737.202,23961031,94723,991