CAR Options History — June 2024

In June 2024, CAR traded between $103.94 and $113.76. ATM implied volatility averaged 47.2%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 4.9% (HV 20d: 42.3%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.04.

Notable Days

  • 2024-06-14: Highest Volume — 6,929 contracts
  • 2024-06-28: Largest IV spike — 9.5% change
  • 2024-06-28: Highest IV Rank — 46.0%
  • 2024-06-11: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.54$103.94$113.76$113.76$103.94
Max Pain$111.05$110.00$115.00$115.00$110.00
ATM IV47.2%44.2%57.7%44.9%57.7%
Expected Move12.9%12.5%13.3%12.8%13.0%
HV 20d42.3%36.4%46.8%40.0%45.0%
HV 60d57.4%56.5%58.6%56.5%57.6%
IV Rank26.4%20.8%46.0%22.2%46.0%
IV Percentile50.8%42.1%84.1%43.7%84.1%
Term Structure4.7%-4.3%15.5%-0.1%13.9%
VWIV45.1%43.1%46.5%44.9%45.9%
Skew 25d1.0%-3.3%5.1%0.4%0.0%
Skew 10d3.4%-1.3%10.4%-1.3%8.8%
Call IV 25d47.4%43.5%57.9%45.4%57.9%
Put IV 25d48.3%44.6%58.0%45.8%58.0%
Bid-Ask Spread %50.1535.5061.5144.1949.34
Gamma HHI0.110.060.230.110.09
Net GEX-720.7K-2.4M1.2M367.9K-1.8M
Net DEX34.9M532.3K57.1M13.9M53.6M
Net VEX-729.4K-769.7K-685.9K-769.7K-722.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.242.690.371.06
Total Volume3,316.0531,1616,9292,0763,883
Total OI50,999.63241,27358,92648,05547,095

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$113.76$115.0044.9%12.8%40.0%22.2%44.9%0.4%-0.1%367.9K13.9M-769.7K0.3744.191,51256422,63225,423
2024-06-04$108.58$115.0045.5%13.1%38.2%23.3%45.4%1.3%-4.3%-1.3M42.1M-740.3K0.8755.431,13398423,80925,717
2024-06-05$110.48$115.0044.2%12.8%39.1%20.8%44.9%1.4%-0.4%-782.3K31.3M-738.0K0.4051.201,75469724,64926,050
2024-06-06$108.19$115.0046.0%13.1%39.4%24.1%46.0%1.4%5.9%-1.4M44.7M-731.0K1.2247.441,1391,38826,40226,570
2024-06-07$108.37$110.0044.2%12.8%39.4%20.8%45.3%0.3%1.3%-1.2M45.4M-737.1K1.5845.751,3772,16927,12227,238
2024-06-10$107.61$110.0045.0%13.0%39.4%22.3%45.6%0.7%0.2%-816.6K40.2M-716.3K0.5651.821,07660125,08125,940
2024-06-11$104.34$110.0048.3%13.3%36.4%28.5%46.5%-1.1%-3.5%-1.9M56.7M-685.9K2.3051.861,0572,43325,86626,286
2024-06-12$111.34$110.0045.2%13.3%43.6%22.8%46.0%-0.0%1.5%580.9K17.7M-746.4K0.8558.613,5452,99726,40926,434
2024-06-13$108.05$110.0046.3%12.7%42.7%24.6%44.5%1.4%-0.9%-695.3K37.0M-745.0K0.2456.853,20877328,58328,253
2024-06-14$105.12$110.0045.3%13.1%43.3%22.9%45.6%1.8%0.3%-2.4M57.1M-717.8K2.6961.511,8795,05028,49828,384
2024-06-17$105.66$110.0045.3%13.2%42.1%22.9%46.2%2.1%3.0%-1.5M44.8M-702.4K1.1549.6587099925,85126,423
2024-06-18$104.97$110.0045.1%13.0%42.0%22.6%45.2%1.4%7.3%-1.8M48.0M-697.1K0.8457.071,2971,09226,31227,054
2024-06-20$110.99$110.0046.1%13.0%46.3%24.4%45.6%-3.3%4.7%134.7K13.3M-728.9K1.1855.102,9813,50927,38027,931
2024-06-21$113.03$110.0047.5%12.5%46.8%27.0%43.1%1.1%11.3%1.2M532.3K-746.7K0.7556.332,3111,73828,83330,093
2024-06-24$113.20$110.0049.4%12.6%44.1%30.5%44.0%2.4%9.3%633.6K11.9M-742.4K1.1835.501,8952,23619,51721,756
2024-06-25$110.13$110.0047.8%12.5%44.7%27.5%43.4%5.1%15.5%127.8K26.1M-745.0K1.0240.5469571220,85923,575
2024-06-26$108.78$110.0049.7%12.5%44.9%31.1%43.9%1.9%14.7%-212.9K32.4M-727.7K0.4842.7678237921,13724,029
2024-06-27$105.81$110.0052.7%12.6%45.5%36.7%43.9%0.5%9.8%-937.1K45.6M-718.7K0.9541.941,1741,11621,51724,285
2024-06-28$103.94$110.0057.7%13.0%45.0%46.0%45.9%0.0%13.9%-1.8M53.6M-722.5K1.0649.341,8812,00222,13524,960