CAR Options History — September 2024

In September 2024, CAR traded between $67.28 and $87.49. ATM implied volatility averaged 65.9%, placing in the 49.1% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded above realized volatility by 7.9% (HV 20d: 58.0%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-09-18: Highest Volume — 14,112 contracts
  • 2024-09-30: Largest IV spike — 15.6% change
  • 2024-09-30: Highest IV Rank — 64.6%
  • 2024-09-16: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.04$67.28$87.49$76.08$87.49
Max Pain$83.75$80.00$90.00$90.00$85.00
ATM IV65.9%58.4%76.3%58.4%76.3%
Expected Move18.7%17.1%20.4%17.1%18.4%
HV 20d58.0%51.6%65.4%54.5%59.5%
HV 60d59.7%57.1%61.5%58.5%61.3%
IV Rank49.1%37.9%64.6%37.9%64.6%
IV Percentile81.5%75.4%90.1%75.4%90.1%
Term Structure4.7%-1.2%25.5%1.4%2.2%
VWIV65.6%59.1%73.2%59.1%64.5%
Skew 25d5.2%0.0%10.5%10.5%4.7%
Skew 10d9.0%-24.2%25.4%24.3%0.6%
Call IV 25d63.6%51.0%77.1%51.0%77.1%
Put IV 25d68.8%61.6%81.8%61.6%81.8%
Bid-Ask Spread %33.0318.0745.4845.4822.97
Gamma HHI0.090.050.170.070.08
Net GEX125.6K-1.8M2.4M-1.4M14.0K
Net DEX46.8M-4.4M99.0M86.7M31.9M
Net VEX-612.1K-717.8K-497.2K-562.5K-640.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.162.001.221.16
Total Volume4,597.951,22214,1123,4981,222
Total OI52,197.842,59965,84243,80243,969

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$76.08$90.0058.4%17.1%54.5%37.9%59.1%10.5%1.4%-1.4M86.7M-562.5K1.2245.481,5731,92517,35026,452
2024-09-04$74.94$90.0060.4%17.7%52.8%40.9%61.5%8.4%7.7%-1.8M92.6M-561.2K0.2542.512,79870218,29028,241
2024-09-05$71.34$90.0061.4%18.0%54.0%42.4%62.0%8.7%1.4%-1.6M99.0M-533.5K1.3235.331,7352,29619,89328,460
2024-09-06$69.65$90.0064.5%18.8%52.6%47.1%66.9%6.8%0.3%-767.5K97.4M-512.3K2.0034.781,8893,76921,01328,818
2024-09-09$69.42$85.0065.8%19.1%52.3%49.0%66.7%9.4%1.5%-1.0M83.5M-503.4K1.0528.753,1343,28617,35625,243
2024-09-10$67.28$85.0068.8%19.9%51.6%53.5%68.5%1.7%0.9%-1.2M87.4M-497.2K0.4437.531,62170619,61527,900
2024-09-11$68.85$85.0066.3%19.2%52.1%49.8%64.2%6.4%0.4%-871.3K81.5M-510.8K0.4541.621,50067320,66428,151
2024-09-12$70.06$80.0064.9%18.7%52.9%47.6%67.6%5.5%0.3%-447.3K75.1M-523.9K1.3639.891,5202,07321,78228,535
2024-09-13$76.34$80.0068.8%20.2%60.1%53.4%71.0%0.0%1.6%-353.1K47.9M-615.7K0.1633.488,3881,30322,38030,892
2024-09-16$79.50$80.0071.4%20.4%62.4%57.4%73.2%3.5%1.5%573.9K34.5M-656.7K0.4231.254,4741,88623,85829,375
2024-09-17$82.36$80.0070.3%20.1%64.0%55.8%70.6%3.1%-0.1%1.1M19.0M-690.0K0.2530.735,9411,49026,37530,888
2024-09-18$85.41$80.0069.0%19.8%65.4%53.8%69.1%3.9%-1.2%1.6M-706.4K-704.6K0.3641.5310,3443,76827,89431,832
2024-09-19$86.50$80.0065.6%18.9%64.9%48.7%65.9%3.4%-1.0%1.8M-4.2M-717.8K0.3435.214,3211,48129,80634,194
2024-09-20$86.60$80.0063.1%18.0%60.6%45.0%65.5%2.7%1.0%2.4M-4.4M-710.5K1.7536.661,5912,78030,98634,856
2024-09-23$86.61$80.0063.2%18.1%59.7%45.1%63.8%7.0%11.9%1.5M15.7M-691.7K0.2826.541,67547224,02529,530
2024-09-24$87.00$80.0062.0%17.6%59.5%43.4%61.0%1.1%11.6%1.4M16.5M-684.5K1.0628.5492398123,59429,863
2024-09-25$82.59$85.0064.3%18.0%61.6%46.7%63.5%5.5%12.2%270.8K41.5M-640.1K1.4724.071,5372,25524,00329,689
2024-09-26$85.56$85.0067.3%18.1%59.3%51.2%64.6%3.2%14.1%827.2K23.5M-640.5K0.5918.0785550224,46429,390
2024-09-27$87.32$85.0066.0%18.0%59.6%49.2%63.2%8.6%25.5%557.0K11.2M-645.3K0.3025.621,98258824,74029,590
2024-09-30$87.49$85.0076.3%18.4%59.5%64.6%64.5%4.7%2.2%14.0K31.9M-640.6K1.1622.9756665617,44726,522