CAR Options History — January 2026

In January 2026, CAR traded between $114.50 and $130.01. ATM implied volatility averaged 51.9%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 25.5% (HV 20d: 26.5%). Max pain ranged from $145.00 to $155.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 63.10.

Notable Days

  • 2026-01-15: Highest Volume — 102,290 contracts
  • 2026-01-20: Largest IV spike — 20.9% change
  • 2026-01-26: Highest IV Rank — 29.8%
  • 2026-01-30: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.57$114.50$130.01$128.49$114.66
Max Pain$151.50$145.00$155.00$150.00$145.00
ATM IV51.9%41.2%59.0%41.2%58.2%
Expected Move15.9%12.6%17.9%12.6%17.9%
HV 20d26.5%22.7%30.4%25.3%30.4%
HV 60d35.7%34.1%36.8%36.4%34.4%
IV Rank19.8%4.7%29.8%4.7%28.8%
IV Percentile41.8%5.2%62.3%5.2%62.3%
Term Structure1.6%-3.0%11.4%0.4%0.3%
VWIV55.2%42.2%63.8%42.2%63.8%
Skew 25d4.3%-0.7%8.0%5.2%7.3%
Skew 10d10.6%-5.9%23.7%5.7%17.4%
Call IV 25d49.8%38.3%59.2%38.3%55.0%
Put IV 25d54.1%43.5%62.3%43.5%62.3%
Bid-Ask Spread %65.3651.1982.9675.1758.58
Gamma HHI0.180.120.400.170.19
Net GEX-13.4M-22.5M-5.2M-19.3M-8.1M
Net DEX391.8M229.4M539.0M528.8M320.9M
Net VEX-1.4M-1.7M-1.2M-1.6M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio63.100.12973.193.450.27
Total Volume12,488.95325102,2901,316325
Total OI173,796.45118,503223,244215,733120,133

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$128.49$150.0041.2%12.6%25.3%4.7%42.2%5.2%0.4%-19.3M528.8M-1.6M3.4575.172961,02097,309118,424
2026-01-05$128.94$155.0044.5%14.1%25.2%9.4%0.0%4.8%3.7%-20.1M530.2M-1.6M1.0082.0541941796,761118,322
2026-01-06$130.01$155.0043.1%14.6%25.0%7.4%50.9%3.3%5.3%-20.4M522.8M-1.6M0.7179.5420714697,154118,386
2026-01-07$126.53$155.0046.2%15.5%26.2%11.7%51.2%3.7%3.8%-20.3M539.0M-1.5M113.7672.56869,78397,246117,059
2026-01-08$127.94$155.0051.1%15.5%26.0%18.6%53.7%3.0%-0.9%-18.7M486.8M-1.5M5.8882.9610,88264,01297,314113,826
2026-01-09$129.86$155.0048.0%15.7%26.7%14.3%53.0%2.2%2.2%-16.0M406.7M-1.7M8.2671.064583,784107,937115,307
2026-01-12$126.75$155.0049.5%15.5%27.8%16.5%53.5%-0.7%2.7%-16.0M436.4M-1.6M45.2065.8937016,725108,714113,879
2026-01-13$125.29$155.0050.3%14.7%26.5%17.6%52.6%8.0%1.3%-16.1M445.3M-1.6M64.7966.2430219,567108,884112,359
2026-01-14$123.75$155.0050.4%15.3%26.2%17.7%54.6%7.9%3.7%-14.9M470.2M-1.5M39.7471.841797,114108,954110,453
2026-01-15$124.78$155.0048.7%14.9%23.6%15.3%51.5%5.5%3.8%-15.1M445.8M-1.5M973.1967.47105102,185109,036109,560
2026-01-16$124.90$155.0046.2%15.3%22.7%11.8%52.9%2.9%11.4%-22.5M406.1M-1.4M0.4169.85989409109,217106,836
2026-01-20$122.21$150.0055.9%16.4%23.6%25.4%50.6%5.4%-2.0%-8.3M294.9M-1.4M0.2656.1187022854,51063,993
2026-01-21$125.93$150.0057.6%16.5%25.5%28.0%55.3%6.0%-2.4%-7.2M241.7M-1.4M0.3053.542,34171155,30364,153
2026-01-22$125.77$150.0057.7%16.7%25.2%28.0%57.0%1.6%-3.0%-5.2M229.4M-1.4M0.1254.272,15325057,46163,791
2026-01-23$121.24$150.0057.4%16.6%26.0%27.5%57.4%3.5%-2.0%-7.6M276.0M-1.3M1.2251.1927032959,17363,825
2026-01-26$116.57$150.0059.0%17.6%27.9%29.8%62.0%3.1%-2.9%-8.0M313.1M-1.3M1.4955.6159788756,53463,706
2026-01-27$118.22$145.0058.2%17.9%28.7%28.7%60.9%2.4%1.8%-8.1M303.0M-1.2M1.0853.6629431856,98563,430
2026-01-28$114.50$145.0058.0%17.3%30.2%28.5%62.8%5.5%3.2%-8.3M318.0M-1.2M0.4863.0427513257,10962,818
2026-01-29$115.07$145.0056.9%17.8%30.4%26.9%62.2%6.3%0.5%-8.5M320.4M-1.2M0.3956.522479757,24062,828
2026-01-30$114.66$145.0058.2%17.9%30.4%28.8%63.8%7.3%0.3%-8.1M320.9M-1.2M0.2758.582566957,37662,757