CART Options History — November 2023

In November 2023, CART traded between $24.27 and $28.68. ATM implied volatility averaged 52.4%. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 17.9% (HV 20d: 70.2%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.98.

Notable Days

  • 2023-11-09: Highest Volume — 20,130 contracts
  • 2023-11-09: Largest IV drop — 22.9% change
  • 2023-11-01: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.74$24.27$28.68$24.96$24.27
Max Pain$27.05$27.00$28.00$28.00$27.00
ATM IV52.4%43.8%70.6%65.5%43.8%
Expected Move14.9%12.6%21.3%21.3%12.7%
HV 20d70.2%60.1%81.4%79.3%65.7%
HV 60d70.6%70.0%71.4%71.4%70.4%
Term Structure-1.1%-13.6%1.5%-1.8%0.9%
VWIV52.2%43.9%74.8%74.8%44.3%
Skew 25d3.5%1.3%7.1%7.1%2.7%
Skew 10d4.4%-9.9%10.4%10.4%2.2%
Call IV 25d50.9%42.8%65.7%61.8%42.8%
Put IV 25d54.4%45.5%72.2%68.9%45.5%
Bid-Ask Spread %32.8712.1383.7758.2712.13
Gamma HHI0.120.110.160.110.11
Net GEX-405.0K-937.8K-91.6K-554.7K-597.1K
Net DEX36.9M16.5M55.2M40.6M55.2M
Net VEX-231.0K-254.4K-188.0K-203.4K-227.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.063.291.880.80
Total Volume5,588.4291,32520,1301,87412,445
Total OI70,292.09560,08881,19860,08880,683

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$24.96$28.0065.5%21.3%79.3%0.0%74.8%7.1%-1.8%-554.7K40.6M-203.4K1.8858.27N/AN/A6501,22417,48442,604
2023-11-02$26.60$27.0063.5%17.2%81.4%0.0%59.6%4.5%-2.1%-263.5K29.4M-220.7K0.5721.62N/AN/A4,6732,65417,69442,779
2023-11-03$26.88$27.0062.6%17.2%80.7%0.0%59.7%1.3%-1.9%-256.6K26.3M-226.4K0.5848.28N/AN/A4,6362,67719,18742,942
2023-11-06$27.45$27.0061.7%17.2%78.9%0.0%59.7%3.7%-1.2%-230.0K24.7M-234.6K0.9021.16N/AN/A1,3361,20519,63541,242
2023-11-07$28.68$27.0060.8%16.9%67.5%0.0%60.3%3.1%-2.1%-120.8K16.5M-240.2K1.0839.17N/AN/A3,9494,28020,10341,732
2023-11-08$27.05$27.0070.6%17.6%60.1%0.0%63.4%6.6%-13.6%-185.1K23.2M-242.8K0.9583.77N/AN/A3,7543,58222,11741,969
2023-11-09$24.27$27.0054.4%15.7%72.2%0.0%54.0%4.2%0.7%-937.8K49.6M-188.0K0.8652.36N/AN/A10,8219,30925,62844,291
2023-11-10$25.29$27.0051.2%14.9%72.6%0.0%51.5%2.3%0.9%-649.5K36.3M-218.9K0.7728.90N/AN/A4,2123,22230,92146,875
2023-11-13$25.64$27.0051.7%14.8%72.3%0.0%50.7%4.7%-0.1%-329.5K35.4M-219.3K0.8423.56N/AN/A1,10292323,05244,741
2023-11-14$25.63$27.0050.8%14.6%71.8%0.0%50.9%4.5%-0.8%-253.2K35.0M-215.9K0.7213.68N/AN/A1,9341,38823,57345,116
2023-11-15$25.91$27.0049.8%14.3%70.8%0.0%51.0%2.7%-1.7%-132.8K31.8M-225.2K0.9336.69N/AN/A2,4942,32824,77645,488
2023-11-16$25.05$27.0049.0%14.1%70.7%0.0%48.9%4.5%0.5%-303.2K40.6M-224.4K1.0616.24N/AN/A4,3894,66226,22047,274
2023-11-17$25.28$27.0047.2%13.6%70.5%0.0%48.7%3.3%-0.3%-91.6K38.8M-252.6K3.2923.72N/AN/A6051,98830,24650,952
2023-11-20$25.83$27.0045.9%13.2%70.6%0.0%47.6%3.6%-0.1%-470.5K38.3M-254.4K1.2225.64N/AN/A9041,10125,30546,124
2023-11-21$24.77$27.0046.1%12.9%67.1%0.0%44.6%1.9%-1.1%-620.8K47.4M-237.0K1.0419.01N/AN/A92195925,69146,971
2023-11-22$25.11$27.0044.6%12.6%64.8%0.0%43.9%3.2%-0.0%-650.6K44.4M-245.1K0.0633.27N/AN/A1,2507526,32347,352
2023-11-24$25.77$27.0044.8%12.9%65.2%0.0%45.3%2.2%-0.6%-454.1K37.0M-252.2K0.4533.46N/AN/A99344727,18347,379
2023-11-27$25.06$27.0046.5%13.3%66.1%0.0%46.4%2.3%-0.9%-462.5K43.6M-234.8K0.7412.51N/AN/A1,4371,05826,68846,732
2023-11-28$25.39$27.0044.5%13.1%64.8%0.0%45.9%2.5%0.0%-461.4K41.3M-244.6K1.5137.41N/AN/A59690027,67447,577
2023-11-29$25.73$27.0044.9%13.2%62.3%0.0%44.2%3.3%1.5%-479.5K39.2M-243.6K0.4049.53N/AN/A7,3372,93727,71748,094
2023-11-30$24.27$27.0043.8%12.7%65.7%0.0%44.3%2.7%0.9%-597.1K55.2M-227.3K0.8012.13N/AN/A6,9255,52030,93649,747