CART Options History — October 2023

In October 2023, CART traded between $24.27 and $27.45. ATM implied volatility averaged 69.7%. The 30-day expected move averaged 20.5%. IV traded below realized volatility by 12.5% (HV 20d: 82.1%). Max pain ranged from $28.00 to $32.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.73.

Notable Days

  • 2023-10-10: Highest Volume — 25,050 contracts
  • 2023-10-09: Largest IV spike — 5.7% change
  • 2023-10-25: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.41$24.27$27.45$27.09$24.57
Max Pain$29.64$28.00$32.00$32.00$28.00
ATM IV69.7%65.3%73.2%65.3%67.2%
Expected Move20.5%18.7%22.0%18.7%21.6%
HV 20d82.1%78.6%87.8%87.8%80.6%
Term Structure-0.7%-4.5%10.6%2.9%-2.2%
VWIV72.1%65.5%76.2%65.5%74.1%
Skew 25d4.7%2.4%11.1%2.6%6.9%
Skew 10d6.8%2.2%12.6%3.5%10.1%
Call IV 25d68.5%62.8%72.7%66.1%62.8%
Put IV 25d73.2%68.8%80.8%68.8%69.7%
Bid-Ask Spread %26.6013.6552.0329.9550.24
Gamma HHI0.130.090.360.090.11
Net GEX-478.0K-1.9M299.5K-278.6K-630.1K
Net DEX37.2M4.8M54.2M17.5M43.6M
Net VEX-164.0K-222.8K-77.0K-77.0K-196.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.514.931.120.51
Total Volume7,546.52,47225,0508,8893,284
Total OI62,319.541,46381,72641,46358,466

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$27.09$32.0065.3%18.7%0.0%0.0%65.5%2.6%2.9%-278.6K17.5M-77.0K1.1229.95N/AN/A4,1964,69322,48418,979
2023-10-03$26.24$30.0067.2%19.1%0.0%0.0%67.6%3.3%2.6%-291.5K19.9M-79.0K1.2415.64N/AN/A3,5664,42925,86220,185
2023-10-04$27.31$30.0066.2%18.9%0.0%0.0%66.6%3.4%10.6%-93.3K13.7M-87.4K1.2515.09N/AN/A1,9032,38127,23221,167
2023-10-05$26.14$30.0067.5%20.0%0.0%0.0%69.3%2.5%1.3%-402.3K21.9M-80.5K1.7433.15N/AN/A2,3794,14328,01122,038
2023-10-06$25.38$30.0067.0%19.8%0.0%0.0%72.4%3.6%2.2%-268.4K26.7M-78.8K2.6234.49N/AN/A3,2678,55128,15023,871
2023-10-09$24.27$30.0070.8%20.2%0.0%0.0%71.8%3.5%-1.0%-328.3K22.6M-78.7K1.6921.43N/AN/A3,1955,40323,43422,782
2023-10-10$27.45$30.0069.5%20.3%0.0%0.0%71.4%11.1%2.3%299.5K4.8M-94.2K4.9318.38N/AN/A4,22520,82525,77124,844
2023-10-11$24.81$30.0072.5%20.2%0.0%0.0%71.6%6.2%-0.5%-655.9K52.6M-176.7K1.6724.03N/AN/A2,3363,90326,81243,783
2023-10-12$24.66$30.0071.4%20.1%0.0%0.0%71.2%2.4%-2.5%-596.8K52.0M-172.4K2.4827.35N/AN/A3,7839,38928,48643,526
2023-10-13$25.56$30.0069.4%20.1%87.8%0.0%70.9%3.8%-0.1%-324.5K46.5M-204.2K1.4021.75N/AN/A4,2025,86530,99946,168
2023-10-16$24.99$30.0072.3%20.6%84.9%0.0%72.5%5.6%-3.4%-570.3K50.2M-199.3K1.0933.39N/AN/A3,9214,29028,43045,053
2023-10-17$24.46$30.0071.3%20.4%82.3%0.0%72.1%4.3%-4.1%-697.2K54.2M-194.9K0.8423.40N/AN/A3,6793,07730,58446,321
2023-10-18$25.36$30.0073.2%21.0%81.9%0.0%72.3%4.2%-4.5%-447.2K47.7M-210.5K2.5547.54N/AN/A1,7654,50632,67347,404
2023-10-19$24.48$30.0072.3%20.9%80.1%0.0%72.8%6.4%-2.1%-860.0K54.1M-201.0K3.6418.10N/AN/A5862,13533,36648,360
2023-10-20$24.91$30.0072.4%21.1%78.6%0.0%73.9%3.5%-3.9%-1.9M51.3M-207.7K1.4722.14N/AN/A3,4125,03033,54548,151
2023-10-23$24.53$30.0070.8%21.2%78.6%0.0%75.7%4.4%-1.5%-552.6K44.1M-203.4K0.5726.60N/AN/A2,0741,18915,65242,546
2023-10-24$26.38$30.0069.6%21.2%83.9%0.0%74.1%3.4%-1.7%-294.4K31.7M-222.8K0.6819.61N/AN/A5,4123,70116,51142,602
2023-10-25$25.04$28.0070.2%22.0%84.5%0.0%75.7%6.5%-1.7%-445.5K41.7M-214.2K1.3113.65N/AN/A2,5103,29317,94744,060
2023-10-26$24.75$28.0071.1%21.8%82.5%0.0%75.5%5.3%-2.8%-332.2K42.8M-208.6K3.5152.03N/AN/A5481,92419,07744,037
2023-10-27$24.84$28.0068.4%21.2%82.6%0.0%73.8%5.7%-2.0%-371.8K43.0M-205.1K0.6015.42N/AN/A2,0841,24319,35844,714
2023-10-30$25.81$28.0067.7%21.7%79.5%0.0%76.2%4.6%-2.3%-477.9K35.8M-214.1K1.0521.81N/AN/A1,8171,90915,87141,717
2023-10-31$24.57$28.0067.2%21.6%80.6%0.0%74.1%6.9%-2.2%-630.1K43.6M-196.9K0.5150.24N/AN/A2,1681,11616,07142,395