CAR Options History — February 2026

In February 2026, CAR traded between $86.35 and $124.58. ATM implied volatility averaged 58.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 10.8% (HV 20d: 69.4%). Max pain ranged from $130.00 to $150.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 2.80.

Notable Days

2026-02-19: Highest Volume — 33,799 contracts
2026-02-23: Largest IV spike — 20.2% change
2026-02-05: Highest IV Rank — 36.4%
2026-02-04: Largest Expected Move — 20.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$109.65	$86.35	$124.58	$114.68	$96.50
Max Pain	$142.89	$130.00	$150.00	$145.00	$130.00
ATM IV	58.5%	49.0%	63.6%	59.4%	55.5%
Expected Move	16.8%	13.6%	20.1%	18.9%	16.2%
HV 20d	69.4%	30.4%	114.4%	30.4%	114.4%
HV 60d	48.4%	33.0%	69.3%	33.0%	69.1%
IV Rank	29.2%	15.7%	36.4%	30.4%	24.8%
IV Percentile	62.9%	36.1%	79.0%	64.3%	53.6%
Term Structure	-0.7%	-6.8%	6.1%	-1.1%	3.2%
VWIV	59.2%	45.3%	67.2%	66.5%	60.7%
Skew 25d	5.6%	-5.9%	12.1%	12.1%	4.4%
Skew 10d	10.8%	-5.9%	32.3%	7.3%	-5.9%
Call IV 25d	57.0%	51.5%	63.6%	53.0%	56.2%
Put IV 25d	62.5%	55.2%	66.6%	65.1%	60.5%
Bid-Ask Spread %	71.62	57.18	86.22	57.18	72.06
Gamma HHI	0.22	0.16	0.32	0.19	0.27
Net GEX	-6.8M	-8.9M	-2.7M	-8.6M	-4.3M
Net DEX	308.0M	225.6M	440.9M	319.2M	327.8M
Net VEX	-916.4K	-1.2M	-461.7K	-1.1M	-699.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.80	0.23	12.23	0.37	0.80
Total Volume	4,203.053	459	33,799	459	3,738
Total OI	118,176.158	111,869	121,453	118,044	118,694

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-02-02	$114.68	$145.00	59.4%	18.9%	30.4%	30.4%	66.5%	12.1%	-1.1%	-8.6M	319.2M	-1.1M	0.37	57.18	335	124	55,677	62,367
2026-02-03	$120.13	$145.00	59.9%	19.4%	35.5%	31.1%	67.2%	9.4%	0.1%	-8.2M	278.4M	-1.2M	0.59	61.87	321	188	55,887	61,968
2026-02-04	$124.19	$145.00	61.7%	20.1%	37.7%	33.6%	60.6%	7.1%	-2.8%	-7.5M	228.1M	-1.2M	0.59	66.08	1,804	1,060	55,980	62,088
2026-02-05	$114.91	$150.00	63.6%	17.0%	45.5%	36.4%	60.2%	4.4%	-4.3%	-7.6M	303.7M	-1.1M	7.63	76.54	204	1,556	57,329	61,742
2026-02-06	$120.53	$150.00	60.2%	16.0%	49.0%	31.5%	56.3%	5.7%	-1.7%	-7.6M	255.4M	-1.2M	3.07	71.64	145	445	57,435	61,033
2026-02-09	$119.47	$150.00	59.4%	16.1%	48.5%	30.4%	54.9%	0.3%	-1.3%	-8.8M	274.8M	-1.1M	1.18	70.66	306	361	56,737	60,993
2026-02-10	$117.75	$150.00	58.8%	16.9%	48.1%	29.6%	57.7%	6.5%	-0.3%	-8.5M	280.0M	-1.1M	0.45	76.69	532	242	56,913	61,137
2026-02-11	$115.88	$150.00	59.9%	17.0%	48.3%	31.2%	58.7%	5.3%	-0.1%	-8.4M	295.9M	-1.1M	7.24	73.10	152	1,100	57,441	61,207
2026-02-12	$116.34	$150.00	63.5%	17.1%	48.2%	36.2%	61.6%	3.0%	-5.1%	-8.5M	293.4M	-1.1M	0.23	75.86	1,351	316	57,471	61,697
2026-02-13	$117.94	$150.00	59.5%	16.0%	48.4%	30.5%	57.8%	4.7%	-6.8%	-8.7M	281.7M	-1.1M	3.27	76.84	335	1,097	58,727	61,540
2026-02-17	$122.16	$150.00	60.8%	17.3%	50.3%	32.4%	59.5%	4.5%	-2.7%	-8.3M	245.3M	-1.0M	2.25	76.80	495	1,112	57,872	61,333
2026-02-18	$124.58	$150.00	55.5%	15.9%	50.2%	24.9%	56.5%	8.3%	-2.7%	-8.9M	225.6M	-1.0M	0.95	73.10	2,066	1,961	58,087	61,454
2026-02-19	$95.52	$150.00	53.8%	15.4%	106.1%	22.5%	57.0%	6.2%	0.8%	-5.4M	440.9M	-549.1K	12.23	80.78	2,555	31,244	59,646	61,756
2026-02-20	$94.48	$130.00	49.0%	13.6%	106.0%	15.7%	45.3%	-5.9%	6.1%	-5.1M	406.1M	-535.3K	0.85	86.22	1,522	1,287	61,387	60,066
2026-02-23	$86.35	$130.00	58.9%	16.9%	109.1%	29.8%	58.1%	5.8%	-0.1%	-2.7M	366.6M	-461.7K	3.82	68.24	1,564	5,975	55,889	55,980
2026-02-24	$93.73	$130.00	58.9%	17.1%	114.2%	29.8%	62.9%	8.5%	-0.0%	-4.2M	342.9M	-631.9K	0.42	66.55	2,354	998	57,238	56,419
2026-02-25	$92.97	$130.00	57.8%	17.2%	113.8%	28.2%	63.9%	4.4%	2.5%	-3.5M	348.4M	-601.4K	1.44	64.26	1,086	1,569	58,763	57,188
2026-02-26	$95.16	$130.00	56.3%	16.1%	114.2%	26.0%	60.2%	11.4%	3.9%	-4.3M	338.5M	-663.2K	5.90	66.28	1,211	7,147	59,922	58,284
2026-02-27	$96.50	$130.00	55.5%	16.2%	114.4%	24.8%	60.7%	4.4%	3.2%	-4.3M	327.8M	-699.1K	0.80	72.06	2,074	1,664	60,281	58,413