CAR Options History — March 2025

In March 2025, CAR traded between $55.48 and $77.52. ATM implied volatility averaged 69.8%, placing in the 50.0% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded below realized volatility by 12.0% (HV 20d: 81.8%). Max pain ranged from $70.00 to $90.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.98.

Notable Days

  • 2025-03-27: Highest Volume — 47,307 contracts
  • 2025-03-25: Largest IV spike — 16.8% change
  • 2025-03-31: Highest IV Rank — 67.3%
  • 2025-03-24: Largest Expected Move — 23.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.56$55.48$77.52$74.02$76.14
Max Pain$85.10$70.00$90.00$90.00$85.00
ATM IV69.8%58.6%80.2%61.3%80.2%
Expected Move21.7%18.1%23.7%18.3%23.2%
HV 20d81.8%65.7%112.2%65.7%111.0%
HV 60d60.4%49.4%76.3%49.4%76.3%
IV Rank50.0%31.3%67.3%35.8%67.3%
IV Percentile67.5%48.0%86.5%52.4%86.5%
Term Structure3.1%-4.6%14.3%0.0%2.1%
VWIV76.1%59.8%86.2%62.5%80.4%
Skew 25d9.6%3.2%25.4%5.5%5.9%
Skew 10d17.1%-20.5%45.7%3.2%8.6%
Call IV 25d64.6%39.3%79.1%58.4%79.1%
Put IV 25d74.1%62.8%89.6%63.9%84.9%
Bid-Ask Spread %61.6544.8589.4360.6644.85
Gamma HHI0.110.080.170.130.08
Net GEX-2.0M-3.2M1.1M-1.6M1.1M
Net DEX89.3M-28.2M146.4M65.5M-28.2M
Net VEX-888.4K-1.3M-618.6K-664.0K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.275.541.801.67
Total Volume9,957.90568547,3079,0369,490
Total OI88,488.95249,130125,45849,130118,235

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$74.02$90.0061.3%18.3%65.7%35.8%62.5%5.5%0.0%-1.6M65.5M-664.0K1.8060.663,2235,81321,43627,694
2025-03-04$77.13$90.0060.7%19.1%67.8%34.9%67.8%5.3%-0.1%-1.7M59.5M-779.4K3.4366.782,95810,15224,23332,824
2025-03-05$77.52$90.0058.6%18.1%67.6%31.3%59.8%6.3%0.3%-2.0M63.0M-876.7K0.2758.812,57870326,53739,867
2025-03-06$73.80$90.0060.7%19.3%69.3%34.8%66.7%6.4%0.7%-2.2M76.5M-867.5K1.2574.3130538028,42940,099
2025-03-07$74.28$90.0061.9%18.2%68.1%36.9%65.9%8.2%-1.0%-2.1M75.9M-864.8K1.7875.5251291328,62140,109
2025-03-10$71.50$90.0068.1%21.6%68.2%47.1%70.5%10.9%0.3%-2.0M79.2M-826.5K5.5477.298464,68627,31838,595
2025-03-11$64.53$87.0067.1%22.7%74.2%45.5%79.7%24.1%8.8%-2.4M119.1M-732.2K2.9177.294,34212,62827,87141,399
2025-03-12$62.63$80.0068.6%20.1%73.9%48.0%73.1%6.3%0.0%-2.7M133.3M-733.7K2.3089.431,5163,48030,44145,745
2025-03-13$55.48$75.0079.5%21.2%79.1%66.1%81.2%17.3%-4.6%-1.8M146.4M-618.6K2.7880.788,45223,47731,49445,165
2025-03-14$61.87$70.0072.9%20.5%89.0%55.1%73.2%25.4%6.8%-2.8M117.0M-889.3K1.2369.677,4109,07839,37156,931
2025-03-17$60.18$85.0072.1%23.0%84.2%53.8%78.5%13.3%1.0%-2.7M130.0M-886.5K1.3455.781,2941,73742,60658,158
2025-03-18$58.67$85.0075.0%23.5%78.1%58.7%79.6%9.8%-1.5%-2.8M137.6M-866.9K0.7454.551,5391,14143,37259,119
2025-03-19$61.27$85.0068.2%22.5%81.8%47.4%81.4%7.2%3.9%-2.6M115.3M-902.2K0.4450.922,5031,10043,91358,568
2025-03-20$57.78$85.0073.5%23.4%82.5%56.1%85.8%8.8%3.8%-3.2M142.4M-830.9K3.7551.861,7626,60344,69758,911
2025-03-21$60.67$85.0070.7%23.7%83.0%51.4%78.3%8.8%-2.1%-2.6M117.0M-908.4K1.3646.191,8102,45345,41662,075
2025-03-24$60.70$85.0066.8%23.7%83.1%44.9%79.4%8.3%14.3%-2.2M112.2M-896.2K2.2453.511,4723,30140,10056,820
2025-03-25$59.42$85.0078.0%23.2%83.1%63.6%86.2%6.9%2.0%-2.2M120.3M-899.1K2.5453.707411,87940,74258,878
2025-03-26$61.56$85.0069.0%23.5%84.6%48.7%85.8%7.0%13.4%-2.2M108.8M-961.9K2.5753.371,0352,65540,87661,606
2025-03-27$74.72$85.0078.3%23.5%112.2%64.1%83.0%3.2%7.7%-747.3K-3.0M-1.2M0.8647.7125,38021,92741,32363,216
2025-03-28$73.99$85.0074.4%22.7%111.7%57.6%79.3%6.3%9.3%-495.4K-11.9M-1.2M0.7151.739,2436,59954,27671,182
2025-03-31$76.14$85.0080.2%23.2%111.0%67.3%80.4%5.9%2.1%1.1M-28.2M-1.3M1.6744.853,5545,93652,38465,851