CAR Options History — April 2025

In April 2025, CAR traded between $62.86 and $94.81. ATM implied volatility averaged 87.5%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 25.5%. IV traded below realized volatility by 27.0% (HV 20d: 114.5%). Max pain ranged from $81.00 to $85.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.19.

Notable Days

  • 2025-04-24: Highest Volume — 35,802 contracts
  • 2025-04-09: Largest IV drop — 17.2% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 30.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.49$62.86$94.81$75.38$91.20
Max Pain$84.43$81.00$85.00$85.00$85.00
ATM IV87.5%73.0%108.5%81.2%73.0%
Expected Move25.5%23.1%30.6%23.7%24.3%
HV 20d114.5%108.0%125.9%110.0%108.8%
HV 60d87.9%76.3%96.7%76.3%96.5%
IV Rank71.8%48.4%100.0%68.9%48.4%
IV Percentile89.2%67.1%100.0%88.1%67.1%
Term Structure-1.7%-6.9%3.9%3.9%-0.2%
VWIV89.1%79.0%100.4%83.4%84.1%
Skew 25d13.9%8.1%24.0%11.4%10.9%
Skew 10d21.4%-24.8%58.2%8.5%40.2%
Call IV 25d78.1%65.8%98.5%73.1%65.8%
Put IV 25d91.9%76.6%107.2%84.5%76.8%
Bid-Ask Spread %52.0033.4369.6147.5848.60
Gamma HHI0.080.060.100.070.08
Net GEX797.1K-2.7M5.4M952.4K2.6M
Net DEX-44.6M-281.7M126.2M-12.4M-145.3M
Net VEX-1.4M-2.1M-1.1M-1.3M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.190.262.251.980.53
Total Volume10,527.812,54435,8023,57511,640
Total OI136,098.619116,546168,787124,669168,787

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$75.38$85.0081.2%23.7%110.0%68.9%83.4%11.4%3.9%952.4K-12.4M-1.3M1.9847.581,1982,37754,64070,029
2025-04-02$77.32$85.0082.9%23.1%110.4%71.8%79.0%8.6%2.7%1.7M-35.5M-1.3M1.0148.093,9263,97554,74971,675
2025-04-03$73.59$85.0084.0%23.8%110.4%73.5%84.0%8.3%2.5%-880.7K25.0M-1.3M1.1950.061,7462,07154,98473,108
2025-04-04$69.47$85.0096.6%27.4%112.3%94.5%97.5%17.8%0.3%-2.7M80.1M-1.2M1.5958.904,2016,69257,47974,079
2025-04-07$68.67$85.00101.3%27.5%111.6%100.0%99.8%18.0%-4.4%-1.5M63.1M-1.2M1.4151.155,6567,96451,71569,219
2025-04-08$62.86$85.00108.5%30.6%110.0%100.0%98.6%8.7%-3.7%-2.4M126.2M-1.1M0.8164.324,0833,31853,32672,256
2025-04-09$73.69$85.0089.9%24.1%123.1%72.9%89.4%23.9%-4.7%-764.8K23.5M-1.2M1.8867.882,3124,34754,72473,404
2025-04-10$69.57$85.0093.6%26.7%116.1%78.3%100.4%24.0%1.7%-2.0M67.4M-1.2M0.6060.954,2422,55655,94775,125
2025-04-11$70.11$85.0092.9%25.9%110.2%77.3%91.0%15.3%-2.8%-1.8M53.0M-1.2M0.6759.092,7051,81359,09074,945
2025-04-14$71.44$85.0090.2%25.7%109.5%73.3%94.8%18.0%-3.2%-769.1K32.9M-1.1M2.2566.571,4523,27057,30672,689
2025-04-15$68.64$85.0087.1%24.8%110.3%68.9%88.4%17.2%1.6%-2.0M75.5M-1.1M1.3364.821,0911,45358,04074,321
2025-04-16$69.03$85.0089.6%25.7%109.5%72.5%81.5%19.1%-4.4%-2.1M74.3M-1.1M1.0169.612,7772,79658,41874,737
2025-04-17$83.44$85.0085.5%24.6%124.5%66.6%84.3%12.8%-3.1%2.2M-147.7M-1.3M0.2657.1417,0434,38461,26275,408
2025-04-21$80.40$85.0091.2%27.4%125.4%74.8%93.2%13.1%-6.9%1.8M-59.2M-1.3M1.3939.008,32411,58356,37060,176
2025-04-22$84.27$81.0086.9%26.7%125.8%68.6%88.9%10.9%-1.2%3.2M-119.4M-1.5M0.4336.965,2812,24562,69369,346
2025-04-23$86.38$81.0087.6%25.6%125.1%69.6%85.0%14.8%-6.9%4.5M-155.2M-1.5M1.1144.622,0842,32365,80870,994
2025-04-24$91.97$81.0081.4%25.0%125.9%60.5%90.4%9.6%-2.8%5.4M-248.2M-1.5M1.5639.5014,00821,79467,34871,554
2025-04-25$94.81$85.0080.0%23.2%108.1%58.6%84.1%8.1%-0.4%5.4M-281.7M-1.8M2.0040.678,80817,58373,71685,710
2025-04-28$94.62$85.0080.1%25.9%108.0%58.7%90.9%12.6%-2.6%3.2M-198.8M-2.1M1.2933.431,7612,26870,63589,516
2025-04-29$91.52$85.0074.2%23.8%109.0%50.2%81.4%8.7%-1.0%2.9M-154.9M-2.0M0.6743.127,1584,77671,60891,135
2025-04-30$91.20$85.0073.0%24.3%108.8%48.4%84.1%10.9%-0.2%2.6M-145.3M-2.0M0.5348.607,5964,04473,89994,888