CAR Options History — April 2024

In April 2024, CAR traded between $95.38 and $125.81. ATM implied volatility averaged 74.4%, placing in the 92.2% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded above realized volatility by 33.1% (HV 20d: 41.3%). Max pain ranged from $107.00 to $135.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2024-04-25: Highest Volume — 9,386 contracts
  • 2024-04-18: Largest IV spike — 5.6% change
  • 2024-04-16: Highest IV Rank — 100.0%
  • 2024-04-30: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.49$95.38$125.81$125.81$95.38
Max Pain$126.00$107.00$135.00$107.00$115.00
ATM IV74.4%61.4%86.6%61.4%85.2%
Expected Move21.3%13.3%28.1%13.3%28.1%
HV 20d41.3%35.3%47.7%45.4%47.7%
HV 60d71.3%70.8%73.7%70.8%73.7%
IV Rank92.2%68.9%100.0%68.9%97.4%
IV Percentile97.4%91.7%100.0%91.7%99.2%
Term Structure-3.6%-10.6%0.7%0.7%-10.6%
VWIV74.2%46.5%97.6%46.5%97.6%
Skew 25d3.3%-0.6%5.1%0.5%2.1%
Skew 10d6.0%1.7%9.4%2.6%6.2%
Call IV 25d73.1%65.8%84.8%66.1%79.3%
Put IV 25d76.4%66.6%89.7%66.6%81.4%
Bid-Ask Spread %46.5126.1058.4432.4533.24
Gamma HHI0.070.040.240.070.04
Net GEX-161.0K-1.9M1.3M897.0K-302.2K
Net DEX37.6M-18.5M84.7M-18.5M76.6M
Net VEX-803.5K-887.6K-708.9K-863.3K-721.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.186.130.560.73
Total Volume3,942.4098579,3864,7625,595
Total OI47,828.539,91557,87339,91551,192

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$125.81$107.0061.4%13.3%45.4%68.9%46.5%0.5%0.7%897.0K-18.5M-863.3K0.5632.453,0471,71517,57322,342
2024-04-02$122.58$110.0064.0%13.5%44.5%75.5%47.4%2.4%-0.2%754.1K-10.1M-887.6K0.4736.721,39465120,09423,777
2024-04-03$121.78$110.0066.7%13.7%43.9%81.9%47.9%2.8%0.7%643.0K-6.3M-876.8K0.4339.0477033020,43424,011
2024-04-04$119.84$135.0068.9%19.4%44.5%87.4%67.4%3.4%-0.9%-5.5K5.2M-864.4K0.9651.6691287320,64324,173
2024-04-05$121.78$135.0067.5%19.1%39.9%84.0%67.1%3.2%-0.7%469.2K-4.8M-864.1K0.5653.551,67094220,86924,445
2024-04-08$122.65$135.0068.4%18.9%39.9%86.0%67.3%4.0%-2.6%669.3K-9.7M-857.0K0.3253.382,16169519,93623,205
2024-04-09$123.57$135.0068.3%18.9%39.7%85.9%66.1%-0.6%-2.6%900.4K-14.2M-862.7K0.1853.212,06136420,98023,585
2024-04-10$119.88$135.0069.4%19.1%41.5%88.6%67.1%3.4%-3.0%300.6K11.2M-846.2K0.3254.231,11235321,75223,729
2024-04-11$121.56$135.0068.6%19.0%41.6%86.7%67.3%3.6%-3.3%628.6K766.1K-841.2K0.7555.4549136621,72823,904
2024-04-12$114.76$130.0071.8%20.0%43.5%94.4%69.2%3.7%-3.2%-759.9K40.3M-809.7K1.2056.851,5021,80222,43724,078
2024-04-15$112.78$130.0073.1%20.8%44.1%97.6%72.4%4.6%-2.4%-609.5K50.2M-782.0K0.7957.802,7652,18621,31224,197
2024-04-16$108.95$130.0074.4%21.2%46.0%100.0%73.7%5.0%-3.6%-842.2K71.5M-764.5K0.5457.122,2111,18323,54425,627
2024-04-17$106.31$130.0075.4%21.6%38.8%100.0%74.2%4.3%-4.3%-651.4K79.3M-750.3K6.1357.041,2677,76224,85325,614
2024-04-18$102.21$130.0079.7%23.0%40.6%100.0%79.2%4.8%-5.2%-607.3K83.9M-708.9K1.3958.442,5083,48525,63724,339
2024-04-19$101.48$130.0078.6%23.3%40.6%97.9%80.2%3.9%-5.9%-1.5M83.7M-739.0K0.9955.852,9312,89027,37126,158
2024-04-22$102.14$130.0078.4%23.6%40.5%97.4%81.1%4.9%-5.7%-1.2M70.0M-757.4K0.4141.652,5431,04222,32125,669
2024-04-23$103.16$125.0080.3%24.8%37.1%100.0%85.9%5.1%-4.8%-876.9K62.7M-773.4K0.7741.951,8681,43223,60426,184
2024-04-24$102.62$125.0080.2%25.8%36.8%99.7%89.9%0.8%-1.7%-814.1K62.3M-773.7K0.7334.501,7341,26724,28926,467
2024-04-25$98.39$125.0083.2%26.9%35.3%100.0%93.3%2.6%-7.3%-1.9M84.7M-738.7K0.6535.245,6873,69925,35327,100
2024-04-26$100.95$120.0085.9%27.6%37.3%100.0%94.0%4.9%-9.1%1.3M67.0M-780.4K0.3937.814,5951,80528,47829,395
2024-04-29$104.25$115.0086.6%27.8%38.8%100.0%97.3%3.8%-3.9%42.5K41.4M-813.2K0.7826.101,7251,34224,33725,491
2024-04-30$95.38$115.0085.2%28.1%47.7%97.4%97.6%2.1%-10.6%-302.2K76.6M-721.8K0.7333.243,2312,36425,40625,786