CAR Options History — July 2024

In July 2024, CAR traded between $96.67 and $112.68. ATM implied volatility averaged 74.7%, placing in the 77.7% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 27.0% (HV 20d: 47.7%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.76.

Notable Days

  • 2024-07-25: Highest Volume — 8,834 contracts
  • 2024-07-10: Largest IV spike — 9.8% change
  • 2024-07-25: Highest IV Rank — 94.6%
  • 2024-07-30: Largest Expected Move — 29.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.17$96.67$112.68$101.55$102.81
Max Pain$109.32$105.00$110.00$105.00$110.00
ATM IV74.7%60.3%83.7%60.3%82.8%
Expected Move21.9%12.7%29.5%13.4%29.1%
HV 20d47.7%41.5%59.6%45.1%59.6%
HV 60d57.5%46.8%60.7%57.7%48.5%
IV Rank77.7%50.8%94.6%50.8%93.0%
IV Percentile95.2%89.7%98.8%89.7%97.6%
Term Structure-1.9%-7.1%6.3%2.8%-3.6%
VWIV76.9%46.0%103.0%48.8%102.7%
Skew 25d2.8%-1.2%7.8%-1.2%2.7%
Skew 10d4.1%-11.3%10.4%3.6%9.1%
Call IV 25d73.7%60.7%82.6%62.8%82.6%
Put IV 25d76.6%61.6%86.5%61.6%85.3%
Bid-Ask Spread %42.2927.8551.4048.9336.05
Gamma HHI0.080.050.110.090.09
Net GEX-287.1K-2.1M2.5M-1.0M-1.5M
Net DEX44.8M-9.3M91.0M54.4M60.4M
Net VEX-793.7K-872.8K-695.9K-709.3K-834.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.252.410.470.49
Total Volume3,361.5911,2368,8342,7652,885
Total OI52,287.63644,31960,93644,56060,473

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$101.55$105.0060.3%13.4%45.1%50.8%48.8%-1.2%2.8%-1.0M54.4M-709.3K0.4748.931,87788820,80223,758
2024-07-02$104.05$105.0061.6%12.9%46.1%53.3%46.0%2.6%2.3%-429.0K42.0M-729.0K0.6350.321,7581,11422,09124,473
2024-07-03$107.27$105.0062.0%12.7%44.9%54.1%46.3%1.1%3.2%465.4K27.4M-758.7K0.2947.741,84452822,75424,828
2024-07-05$105.13$110.0064.3%19.0%44.8%58.3%65.7%1.1%3.2%245.4K40.3M-727.1K0.8850.401,05692423,40425,075
2024-07-08$102.20$110.0069.7%20.0%45.3%68.4%69.8%-0.1%0.9%-859.9K54.9M-703.1K0.8350.211,5361,27720,56723,752
2024-07-09$101.74$110.0067.3%20.0%45.3%64.0%69.8%2.1%6.3%-1.1M57.9M-700.2K0.3251.251,85660121,33424,834
2024-07-10$99.19$110.0073.9%20.4%46.0%76.3%70.9%3.4%-3.2%-1.7M67.6M-695.9K0.6550.242,5841,67022,62925,367
2024-07-11$104.26$110.0069.8%20.3%48.6%68.7%71.4%2.1%-1.3%441.2K37.2M-749.9K0.5550.292,1571,18124,58026,597
2024-07-12$107.53$110.0075.3%20.5%43.8%79.0%71.9%1.8%-7.1%1.4M19.2M-811.1K0.6949.454,4903,11425,46128,030
2024-07-15$108.73$110.0077.3%21.7%42.7%82.6%77.3%2.3%-3.4%1.0M18.3M-846.4K0.4844.032,2621,09723,62027,605
2024-07-16$109.75$110.0074.3%21.1%41.5%77.1%76.0%2.3%-4.3%1.3M15.3M-853.1K0.6549.012,0951,37024,42928,335
2024-07-17$112.68$110.0076.9%22.1%42.4%82.0%77.3%7.8%-3.2%2.5M-9.3M-872.8K0.2551.403,03575826,13429,625
2024-07-18$109.06$110.0077.7%22.4%44.2%83.4%81.1%2.7%-3.7%1.5M18.9M-866.2K1.0547.701,1781,24226,62830,022
2024-07-19$102.09$110.0081.0%23.9%45.6%89.5%83.2%2.5%-5.0%-1.2M61.2M-818.2K1.6647.999081,50727,27530,988
2024-07-22$106.16$110.0078.9%23.7%47.5%85.6%82.9%2.4%-4.4%-698.1K41.6M-840.6K0.2527.853,07475921,08727,796
2024-07-23$104.56$110.0077.4%23.8%47.7%82.9%83.3%6.8%-3.7%-567.4K43.9M-831.3K0.7831.1869654023,37628,243
2024-07-24$98.41$110.0082.2%24.9%51.2%91.8%87.5%3.7%-4.6%-1.3M67.1M-791.3K0.7331.491,7051,23923,87028,591
2024-07-25$102.20$110.0083.7%26.1%53.3%94.6%91.2%4.2%-3.6%-25.2K49.0M-820.2K2.4128.982,5886,24625,00529,621
2024-07-26$104.39$110.0080.8%25.6%53.2%89.1%89.7%4.2%-3.7%-859.4K54.9M-866.9K1.2329.131,5641,91825,38835,548
2024-07-29$101.28$110.0082.0%27.6%53.9%91.5%96.9%5.0%-3.1%-1.9M72.2M-831.9K0.6728.921,36590923,08434,254
2024-07-30$96.67$110.0083.5%29.5%55.8%94.3%103.0%3.3%-3.4%-2.1M91.0M-803.7K0.8127.921,4151,14524,14634,849
2024-07-31$102.81$110.0082.8%29.1%59.6%93.0%102.7%2.7%-3.6%-1.5M60.4M-834.0K0.4936.051,93694924,81135,662