CAR Options History — August 2024

In August 2024, CAR traded between $81.89 and $95.40. ATM implied volatility averaged 60.2%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 9.9% (HV 20d: 70.1%). Max pain ranged from $90.00 to $110.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2024-08-08: Highest Volume — 12,291 contracts
  • 2024-08-06: Largest IV drop — 32.5% change
  • 2024-08-01: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 33.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$86.66$81.89$95.40$95.40$82.03
Max Pain$96.77$90.00$110.00$110.00$90.00
ATM IV60.2%48.6%99.9%87.8%49.7%
Expected Move17.7%13.9%33.8%31.2%14.0%
HV 20d70.1%48.6%76.0%63.8%48.6%
HV 60d55.1%49.5%57.5%49.5%56.7%
IV Rank42.2%23.2%100.0%100.0%24.9%
IV Percentile66.5%44.8%100.0%100.0%45.2%
Term Structure-0.5%-13.4%8.3%-12.9%2.8%
VWIV62.0%48.0%114.6%107.8%51.6%
Skew 25d5.0%1.3%17.4%5.0%1.3%
Skew 10d11.2%5.1%20.1%7.8%7.8%
Call IV 25d57.5%47.9%88.9%84.2%50.6%
Put IV 25d62.6%50.8%102.1%89.2%51.8%
Bid-Ask Spread %38.7729.4454.0634.6133.43
Gamma HHI0.140.060.470.100.17
Net GEX-941.1K-2.6M3.5M-2.6M-2.1M
Net DEX85.5M48.0M146.7M100.5M79.2M
Net VEX-674.2K-782.3K-618.5K-782.3K-627.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.122.040.731.05
Total Volume4,500.72790012,2913,7922,915
Total OI55,783.40939,47981,53861,88049,112

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$95.40$110.0087.8%31.2%63.8%100.0%107.8%5.0%-12.9%-2.6M100.5M-782.3K0.7334.612,1961,59625,80736,073
2024-08-02$85.24$110.0087.5%33.8%74.2%99.3%114.6%9.6%-2.8%-2.1M142.2M-698.9K0.7136.314,7473,35427,27737,126
2024-08-05$82.89$100.0099.9%25.7%74.2%100.0%90.9%17.4%-13.4%-1.7M132.4M-684.4K0.4229.445,3452,22525,69334,324
2024-08-06$85.59$100.0067.4%19.3%75.7%51.4%65.3%1.3%3.1%-2.3M146.7M-670.7K0.2933.956,2561,83630,66836,258
2024-08-07$87.24$100.0068.8%19.5%76.0%53.4%66.9%6.0%-1.1%-2.1M134.7M-686.2K0.1239.4010,8161,32933,39538,097
2024-08-08$89.42$100.0063.6%17.9%74.1%45.8%64.1%1.4%4.0%-2.5M52.7M-705.6K0.2140.2910,1742,11742,09938,449
2024-08-09$86.97$100.0062.1%17.5%72.9%43.4%60.0%7.9%8.3%3.5M81.2M-672.9K0.5044.552,9571,49042,45439,084
2024-08-12$83.31$100.0061.0%17.5%73.3%41.8%59.9%5.9%2.1%-1.5M104.4M-631.1K1.2749.422,2662,88826,64029,306
2024-08-13$84.69$100.0058.4%16.7%73.7%37.9%59.6%5.3%-0.3%-1.6M100.4M-653.6K0.9647.5586182928,17731,279
2024-08-14$84.67$95.0057.1%16.3%72.4%35.9%57.1%6.8%-0.7%-1.6M95.8M-646.1K2.0449.596061,23928,70530,699
2024-08-15$88.50$95.0050.5%14.7%74.9%26.0%52.0%4.0%0.1%-732.6K76.8M-692.5K1.1751.242,7593,21529,08331,008
2024-08-16$87.80$95.0050.3%14.5%71.9%25.8%50.7%2.7%0.9%-258.0K68.7M-681.5K1.0854.061,7321,87230,45930,139
2024-08-19$88.23$95.0049.6%14.3%70.0%24.7%50.6%4.0%1.7%-110.3K59.4M-678.6K0.2750.562,35363214,06625,413
2024-08-20$89.06$95.0050.9%14.7%70.3%26.8%51.0%3.9%-1.0%443.6K56.2M-685.9K0.5129.8159830215,93725,959
2024-08-21$91.29$94.0050.0%14.3%68.3%25.4%52.8%4.0%-0.0%1.4M48.0M-694.0K0.5731.411,62392716,26526,167
2024-08-22$85.56$94.0051.4%14.8%69.7%27.5%51.8%4.4%-0.4%-767.6K68.5M-653.8K1.5529.879501,47517,52226,919
2024-08-23$87.98$93.0048.6%13.9%70.1%23.2%48.0%3.5%-0.5%-404.8K60.7M-670.8K0.1833.362,93453217,98628,096
2024-08-26$89.17$91.0050.5%14.7%70.1%26.1%53.9%3.4%0.8%432.9K50.8M-690.7K0.9131.821,3821,25616,82025,798
2024-08-27$86.74$91.0050.9%14.6%68.9%26.8%51.6%4.4%1.2%-76.4K61.2M-675.4K1.9330.065341,03317,91726,670
2024-08-28$81.89$91.0055.5%15.3%66.5%33.6%52.3%6.7%-4.5%-1.8M82.6M-618.5K1.4838.211,2711,88118,25227,860
2024-08-29$82.77$90.0053.0%14.6%62.5%29.9%52.0%2.3%0.9%-2.2M78.3M-630.3K0.8433.9393278119,10329,074
2024-08-30$82.03$90.0049.7%14.0%48.6%24.9%51.6%1.3%2.8%-2.1M79.2M-627.7K1.0533.431,4221,49319,82429,288