CART Options History — February 2024

In February 2024, CART traded between $24.02 and $32.73. ATM implied volatility averaged 75.8%. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 24.5% (HV 20d: 51.4%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-02-14: Highest Volume — 79,321 contracts
  • 2024-02-14: Largest IV drop — 34.9% change
  • 2024-02-13: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.72$24.02$32.73$25.18$32.73
Max Pain$26.20$25.00$27.00$25.00$27.00
ATM IV75.8%55.0%120.4%75.8%57.1%
Expected Move21.2%14.9%34.2%19.8%16.2%
HV 20d51.4%44.8%57.6%55.1%44.8%
HV 60d51.9%49.4%55.7%55.7%50.5%
Term Structure-3.9%-10.4%6.2%-3.7%-6.9%
VWIV74.2%53.3%118.0%69.3%56.7%
Skew 25d-0.7%-5.1%4.8%1.8%-4.3%
Skew 10d-2.1%-26.5%7.2%0.3%-4.6%
Call IV 25d76.8%55.6%116.6%76.8%61.7%
Put IV 25d76.1%55.8%119.6%78.6%57.5%
Bid-Ask Spread %31.6218.1152.9223.5035.18
Gamma HHI0.100.070.180.080.18
Net GEX848.8K-968.6K5.9M-225.4K5.9M
Net DEX-49.8M-223.6M71.7M28.8M-223.6M
Net VEX-544.8K-656.4K-413.7K-587.5K-413.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.072.200.120.07
Total Volume24,310.82,80579,3215,35341,215
Total OI243,193.65194,177346,025206,345216,951

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$25.18$25.0075.8%19.8%55.1%0.0%69.3%1.8%-3.7%-225.4K28.8M-587.5K0.1223.50N/AN/A4,77058391,950114,395
2024-02-02$25.07$25.0077.5%20.5%53.5%0.0%71.4%1.8%-3.7%-117.2K35.9M-601.0K2.2025.92N/AN/A11,68725,74999,342120,187
2024-02-05$24.02$25.0079.3%21.3%54.6%0.0%74.1%2.6%-4.3%-881.2K71.7M-564.6K0.2720.71N/AN/A5,5801,51399,283133,170
2024-02-06$24.27$25.0080.2%21.7%52.5%0.0%74.9%2.5%-4.2%-814.0K60.1M-549.0K0.9523.14N/AN/A8,7848,30497,306130,809
2024-02-07$24.27$25.0083.3%21.9%52.3%0.0%77.1%1.1%-10.4%-968.6K66.2M-584.5K1.3918.11N/AN/A1,1741,631105,294141,891
2024-02-08$25.94$25.0090.6%24.3%56.9%0.0%85.6%-0.9%-8.1%-606.9K5.8M-622.9K0.4621.92N/AN/A6,8603,139105,997142,789
2024-02-09$26.67$25.00101.6%28.3%57.3%0.0%100.2%0.1%-5.1%-46.2K-19.0M-628.7K0.9333.74N/AN/A12,98112,050109,831144,071
2024-02-12$27.52$25.00118.1%33.2%57.6%0.0%118.0%2.2%-8.7%-443.9K-46.6M-648.7K0.6725.49N/AN/A14,87910,028115,493151,948
2024-02-13$27.41$27.00120.4%34.2%56.1%0.0%117.4%4.8%-7.7%-326.1K-50.5M-656.4K0.7828.35N/AN/A20,98516,407125,478161,095
2024-02-14$27.29$27.0078.4%22.5%51.3%0.0%77.8%-3.3%-3.1%429.1K-47.2M-590.5K1.9852.92N/AN/A26,58652,735139,677172,348
2024-02-15$26.18$27.0063.4%18.2%53.7%0.0%65.3%-0.1%-1.4%-524.3K19.2M-538.2K2.1649.59N/AN/A10,07921,819144,655201,370
2024-02-16$27.20$27.0065.3%18.9%55.3%0.0%66.5%-2.8%-2.2%-144.8K-35.3M-513.4K0.7340.91N/AN/A27,51919,998146,309197,100
2024-02-20$27.76$27.0073.3%20.8%52.3%0.0%71.5%-5.1%-9.1%251.1K-34.7M-511.0K0.2136.04N/AN/A13,9972,96081,847112,330
2024-02-21$28.69$27.0062.9%18.3%45.8%0.0%63.9%-2.4%-1.0%1.1M-73.2M-522.5K0.6042.43N/AN/A7,0364,18990,030113,849
2024-02-22$29.94$27.0057.8%16.7%46.3%0.0%58.8%-1.6%-0.7%1.3M-114.2M-490.5K0.1746.45N/AN/A12,4392,05291,101114,790
2024-02-23$30.41$27.0060.3%17.6%45.5%0.0%62.2%-4.0%-2.4%1.6M-134.7M-493.4K0.1625.75N/AN/A36,0605,61697,126115,372
2024-02-26$31.20$27.0058.8%17.4%45.2%0.0%60.7%-3.0%-2.5%3.5M-165.2M-495.7K0.1623.33N/AN/A8,3841,354111,756101,581
2024-02-27$31.60$27.0057.7%16.7%45.2%0.0%58.9%-3.1%0.6%3.9M-181.7M-464.9K0.1527.80N/AN/A8,0851,188111,761102,269
2024-02-28$31.09$27.0055.0%14.9%45.5%0.0%53.3%0.3%6.2%4.1M-157.0M-418.2K0.1431.16N/AN/A13,8841,917108,710102,612
2024-02-29$32.73$27.0057.1%16.2%44.8%0.0%56.7%-4.3%-6.9%5.9M-223.6M-413.7K0.0735.18N/AN/A38,6702,545112,957103,994