CAR Options History — November 2024

In November 2024, CAR traded between $87.95 and $108.90. ATM implied volatility averaged 59.5%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded below realized volatility by 5.2% (HV 20d: 64.7%). Max pain ranged from $85.00 to $100.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.05.

Notable Days

  • 2024-11-01: Highest Volume — 17,482 contracts
  • 2024-11-06: Largest IV drop — 9.6% change
  • 2024-11-01: Highest IV Rank — 57.7%
  • 2024-11-01: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$99.95$87.95$108.90$92.25$108.88
Max Pain$94.05$85.00$100.00$86.00$100.00
ATM IV59.5%53.7%71.6%71.6%55.1%
Expected Move17.0%15.7%22.2%22.2%15.8%
HV 20d64.7%57.3%67.3%57.3%64.8%
HV 60d57.4%54.6%59.6%55.1%54.7%
IV Rank39.4%29.8%57.7%57.7%31.6%
IV Percentile55.4%40.5%77.8%77.8%42.5%
Term Structure-0.2%-4.6%4.1%-0.0%-2.0%
VWIV60.3%52.6%78.3%78.3%55.8%
Skew 25d2.0%-1.4%5.4%5.1%0.2%
Skew 10d5.2%-9.0%28.9%-2.6%2.9%
Call IV 25d59.3%53.9%69.0%69.0%53.9%
Put IV 25d61.2%54.2%74.1%74.1%54.2%
Bid-Ask Spread %35.7326.4551.1146.5136.91
Gamma HHI0.150.070.600.080.13
Net GEX899.7K-1.3M6.8M1.5M628.7K
Net DEX-2.4M-66.7M46.6M-5.2M-19.2M
Net VEX-585.0K-621.5K-553.4K-621.5K-574.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.143.851.161.20
Total Volume3,365.2560417,48217,482934
Total OI49,536.338,64159,47859,47843,420

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$92.25$86.0071.6%22.2%57.3%57.7%78.3%5.1%-0.0%1.5M-5.2M-621.5K1.1646.518,0999,38325,19934,279
2024-11-04$91.04$85.0069.4%19.1%57.4%54.4%66.1%5.0%2.1%-139.3K27.8M-608.4K0.8427.971,9071,61121,44332,818
2024-11-05$87.95$90.0068.4%18.6%58.7%52.9%70.0%1.5%-0.9%-551.8K46.6M-586.9K3.8528.809043,48222,65433,341
2024-11-06$96.23$90.0061.9%16.9%66.8%43.1%59.7%2.7%1.8%1.6M-10.6M-610.2K1.1439.0874084623,12232,498
2024-11-07$95.61$90.0059.9%16.7%65.1%40.2%61.5%4.0%2.1%1.4M-2.3M-597.4K2.1451.115591,19523,33432,724
2024-11-08$91.75$90.0059.3%16.8%66.6%39.2%58.7%4.0%-0.4%-1.3M27.8M-572.9K1.8043.941,0511,89723,42633,080
2024-11-11$95.82$90.0060.3%17.5%66.8%40.8%60.9%5.4%4.1%-424.5K10.5M-584.9K0.3238.962,97995018,94431,989
2024-11-12$99.61$90.0059.9%16.5%65.0%40.1%58.3%3.0%-4.6%886.5K-18.0M-593.7K0.4136.382,09086421,48632,678
2024-11-13$105.15$90.0058.8%16.6%64.6%38.6%62.2%1.5%-1.6%1.8M-61.9M-592.5K0.9435.512,9562,76622,11433,150
2024-11-14$106.11$90.0055.5%16.4%62.7%33.6%58.3%1.1%1.3%2.1M-66.7M-597.1K0.4241.561,37457522,96033,928
2024-11-15$100.50$90.0058.2%16.7%67.3%37.6%58.6%3.4%-0.3%2.5M-26.7M-579.1K1.8248.321,0351,88123,18534,164
2024-11-18$100.89$100.0058.0%16.5%66.9%37.3%60.4%2.2%0.1%-26.1K15.8M-577.1K0.9030.111,11099914,78125,604
2024-11-19$99.38$100.0057.4%16.4%67.3%36.4%60.4%-0.5%0.0%-178.0K22.5M-573.6K0.8827.8072664015,51126,113
2024-11-20$98.62$100.0057.7%16.6%67.2%36.9%58.2%1.0%-1.8%-317.9K27.1M-574.9K1.0228.1635836615,90226,489
2024-11-21$102.23$100.0056.8%16.3%65.4%35.5%57.5%0.3%-0.6%1.1M10.3M-575.6K0.4226.4583534716,04426,705
2024-11-22$102.68$100.0055.1%15.8%65.1%33.0%54.5%-1.0%0.0%6.8M10.0M-566.7K0.3133.1493528716,46126,813
2024-11-25$108.29$100.0056.2%16.2%66.1%34.6%58.1%0.4%-0.9%-501.1K-6.1M-553.4K0.6530.994,9623,22312,80625,835
2024-11-26$107.04$100.0057.0%16.2%66.6%35.5%56.7%-1.4%-1.6%416.4K-8.9M-576.5K0.1429.451,61522016,37225,963
2024-11-27$108.90$100.0053.7%15.7%66.1%29.8%52.6%1.3%-0.9%743.0K-21.3M-583.0K0.5533.4838921517,34726,044
2024-11-29$108.88$100.0055.1%15.8%64.8%31.6%55.8%0.2%-2.0%628.7K-19.2M-574.6K1.2036.9142451017,40226,018