CART Options History — January 2024

In January 2024, CART traded between $22.19 and $27.21. ATM implied volatility averaged 57.3%. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 7.6% (HV 20d: 49.6%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.86.

Notable Days

  • 2024-01-10: Highest Volume — 44,403 contracts
  • 2024-01-23: Largest IV spike — 24.6% change
  • 2024-01-31: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.45$22.19$27.21$24.03$24.57
Max Pain$25.29$25.00$28.00$28.00$25.00
ATM IV57.3%45.5%74.7%47.8%74.2%
Expected Move17.5%12.7%26.3%13.0%26.3%
HV 20d49.6%44.0%54.8%49.8%54.8%
HV 60d58.2%55.5%65.1%65.1%55.5%
Term Structure0.5%-4.8%4.6%0.9%-4.4%
VWIV61.8%45.6%92.1%45.6%92.1%
Skew 25d1.7%-2.2%4.2%2.4%1.7%
Skew 10d1.2%-7.7%6.2%4.3%2.3%
Call IV 25d57.3%44.6%74.8%46.9%74.8%
Put IV 25d58.9%45.8%78.1%49.3%76.5%
Bid-Ask Spread %38.3216.9762.0051.7227.01
Gamma HHI0.090.070.140.090.07
Net GEX-101.1K-572.3K929.7K-267.5K-379.3K
Net DEX52.5M-38.5M106.4M70.3M47.6M
Net VEX-501.0K-660.0K-303.6K-345.6K-575.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.133.770.130.38
Total Volume11,291.7621,26444,4033,3371,264
Total OI182,983.333132,601217,334132,601205,773

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$24.03$28.0047.8%13.0%49.8%0.0%45.6%2.4%0.9%-267.5K70.3M-345.6K0.1351.72N/AN/A2,94339455,70176,900
2024-01-03$23.68$28.0048.2%12.7%48.4%0.0%45.7%0.3%2.4%-242.6K74.7M-337.5K0.3349.63N/AN/A2,28876156,98577,120
2024-01-04$22.89$25.0047.5%14.5%47.2%0.0%50.4%1.9%1.2%-572.3K86.3M-304.5K0.3661.73N/AN/A7,6242,75357,38977,277
2024-01-05$22.19$25.0047.3%14.5%48.4%0.0%49.2%2.2%2.0%-527.7K90.0M-303.6K0.5558.24N/AN/A3,7652,06961,34176,850
2024-01-08$23.21$25.0047.0%14.7%51.0%0.0%50.3%3.0%4.6%-331.4K77.1M-312.1K1.1158.05N/AN/A8,6669,62660,04476,278
2024-01-09$22.97$25.0047.1%14.4%49.8%0.0%48.6%2.8%2.2%-515.6K83.8M-343.5K0.9962.00N/AN/A18,14818,04763,35380,751
2024-01-10$23.30$25.0045.5%13.7%50.0%0.0%47.8%0.0%1.8%-365.0K88.6M-440.7K0.8461.00N/AN/A24,14820,25579,00696,518
2024-01-11$23.13$25.0046.2%13.8%49.3%0.0%52.7%3.2%1.6%-295.5K105.5M-467.5K0.4352.19N/AN/A3,6811,57290,396105,074
2024-01-12$22.93$25.0045.6%13.5%45.6%0.0%54.8%2.1%3.3%-260.8K106.4M-464.9K0.5247.94N/AN/A1,23863993,194105,884
2024-01-16$23.98$25.0048.6%14.0%44.7%0.0%49.2%0.5%4.2%-21.8K84.1M-494.3K0.7336.42N/AN/A1,7081,25192,324103,862
2024-01-17$25.67$25.0051.7%14.8%46.3%0.0%53.2%1.0%3.3%231.1K31.0M-571.5K0.5336.10N/AN/A10,9065,80192,859107,041
2024-01-18$25.67$25.0054.8%15.6%45.7%0.0%55.8%-2.2%1.9%405.3K28.1M-601.4K0.2116.97N/AN/A13,4112,79997,647112,005
2024-01-19$25.77$25.0054.8%15.4%45.2%0.0%54.2%-1.7%3.8%929.7K23.5M-605.0K0.9227.24N/AN/A9,5358,726104,121113,213
2024-01-22$27.21$25.0058.1%16.0%44.0%0.0%57.1%0.5%2.5%750.6K-38.5M-634.6K0.2926.74N/AN/A6,3141,81191,474104,659
2024-01-23$25.32$25.0072.4%22.2%52.3%0.0%78.7%2.1%-3.0%261.5K20.4M-603.5K2.2923.70N/AN/A5,01211,45489,470101,408
2024-01-24$24.80$25.0072.2%22.4%52.9%0.0%78.1%2.9%-3.8%-231.6K41.5M-611.1K1.0319.27N/AN/A7,2437,43193,631110,759
2024-01-25$25.67$25.0071.7%22.4%54.1%0.0%79.6%2.4%-4.1%145.3K16.7M-660.0K1.0123.69N/AN/A2,8202,85099,000115,781
2024-01-26$25.39$25.0074.4%23.0%54.3%0.0%81.2%4.2%-4.8%-276.8K22.8M-623.9K3.7721.51N/AN/A7332,76195,411112,850
2024-01-29$25.71$25.0072.5%24.4%54.3%0.0%85.7%1.6%-2.5%-271.8K16.8M-619.1K0.3618.80N/AN/A1,61358690,439113,727
2024-01-30$25.38$25.0074.7%25.3%54.0%0.0%89.0%3.5%-3.5%-286.8K25.1M-600.6K1.1924.69N/AN/A1,1331,34890,982114,153
2024-01-31$24.57$25.0074.2%26.3%54.8%0.0%92.1%1.7%-4.4%-379.3K47.6M-575.9K0.3827.01N/AN/A91834691,414114,359