CART Options History — September 2023

In September 2023, CART traded between $28.66 and $30.02. ATM implied volatility averaged 66.7%. The 30-day expected move averaged 19.5%. Max pain ranged from $32.00 to $35.00. Net GEX was positive for 1 of 6 trading days. Term structure was in contango for 4 of 6 days. Put/call ratio averaged 1.11.

Notable Days

  • 2023-09-25: Highest Volume — 13,028 contracts
  • 2023-09-28: Largest IV drop — 7.2% change
  • 2023-09-26: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.65$28.66$30.02$30.02$29.36
Max Pain$34.00$32.00$35.00$35.00$33.00
ATM IV66.7%60.7%70.3%69.9%60.7%
Expected Move19.5%17.2%21.1%20.3%17.2%
Term Structure1.2%-1.8%4.9%-1.8%4.9%
VWIV68.1%60.5%73.2%70.2%60.5%
Skew 25d2.5%2.0%2.8%2.6%2.8%
Skew 10d5.2%4.2%6.8%4.8%6.8%
Call IV 25d66.0%58.8%69.7%69.7%58.8%
Put IV 25d68.5%61.6%72.3%72.3%61.6%
Bid-Ask Spread %21.9511.6832.7025.6017.14
Gamma HHI0.120.070.210.150.21
Net GEX-214.5K-671.1K454.9K-67.0K-671.1K
Net DEX7.2M2.4M15.8M2.4M10.6M
Net VEX-74.2K-86.4K-53.2K-53.2K-81.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.371.751.750.37
Total Volume10,199.56,47913,02812,50111,590
Total OI35,786.66720,17446,67920,17446,679

Daily Data (6 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-22$30.02$35.0069.9%20.3%0.0%0.0%70.2%2.6%-1.8%-67.0K2.4M-53.2K1.7525.60N/AN/A4,5527,9499,57210,602
2023-09-25$30.02$35.0070.3%20.6%0.0%0.0%72.2%2.0%-0.2%-173.3K5.3M-65.6K1.5932.70N/AN/A5,0397,98912,50915,652
2023-09-26$29.94$32.0069.6%21.1%0.0%0.0%73.2%2.6%0.5%-172.5K5.6M-81.1K0.9528.92N/AN/A3,8853,69715,53120,313
2023-09-27$28.66$35.0067.2%19.7%0.0%0.0%68.3%2.4%1.8%-657.9K15.8M-77.3K0.9215.63N/AN/A5,2104,80717,08222,468
2023-09-28$29.88$34.0062.3%18.4%0.0%0.0%64.5%2.3%2.0%454.9K3.4M-86.4K1.0811.68N/AN/A3,1153,36420,79523,517
2023-09-29$29.36$33.0060.7%17.2%0.0%0.0%60.5%2.8%4.9%-671.1K10.6M-81.8K0.3717.14N/AN/A8,4433,14722,02324,656