CART Options History — April 2024

In April 2024, CART traded between $33.55 and $38.96. ATM implied volatility averaged 55.5%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 25.2% (HV 20d: 30.3%). Max pain ranged from $31.00 to $34.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2024-04-19: Highest Volume — 33,942 contracts
  • 2024-04-26: Largest IV drop — 22.9% change
  • 2024-04-25: Highest IV Rank — 36.8%
  • 2024-04-30: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.53$33.55$38.96$36.91$34.32
Max Pain$31.41$31.00$34.00$34.00$31.00
ATM IV55.5%41.5%68.9%41.5%62.0%
Expected Move16.2%11.1%20.4%11.4%20.4%
HV 20d30.3%23.8%40.3%28.3%40.0%
HV 60d40.4%35.6%44.0%44.0%39.4%
IV Rank20.2%3.1%36.8%3.1%28.3%
IV Percentile47.5%1.5%75.7%1.5%64.2%
Term Structure1.5%-17.3%12.3%2.5%-3.3%
VWIV57.0%39.3%71.9%39.6%71.9%
Skew 25d2.3%-2.2%25.6%1.1%1.7%
Skew 10d3.2%-2.1%15.9%2.8%11.7%
Call IV 25d55.1%43.4%64.8%47.1%59.9%
Put IV 25d57.4%44.4%78.0%48.2%61.6%
Bid-Ask Spread %43.2230.0352.1252.1236.82
Gamma HHI0.140.100.260.130.14
Net GEX2.6M1.0M8.0M2.0M2.2M
Net DEX-159.6M-248.4M-55.8M-168.5M-89.2M
Net VEX-519.4K-577.2K-425.0K-531.0K-476.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.083.030.332.48
Total Volume6,612.9551,41233,9427,5022,517
Total OI134,807.22784,523161,285143,45194,344

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$36.91$34.0041.5%11.4%28.3%3.1%39.6%1.1%2.5%2.0M-168.5M-531.0K0.3352.12N/AN/A5,6291,87387,44456,007
2024-04-02$37.33$34.0044.9%11.2%28.2%7.2%40.2%-1.2%12.3%2.4M-191.1M-547.3K2.2349.98N/AN/A1,7974,00691,88757,525
2024-04-03$37.22$34.0044.5%11.1%25.4%6.8%39.3%-0.4%11.3%2.2M-188.8M-571.1K0.6150.56N/AN/A1,46889493,01260,944
2024-04-04$37.85$31.0053.4%15.7%24.6%17.7%55.1%-2.2%10.3%3.4M-208.2M-577.2K0.3043.36N/AN/A6,5761,95994,14361,672
2024-04-05$38.96$31.0048.5%15.6%25.0%11.6%54.7%3.0%9.9%8.0M-248.4M-550.8K0.4843.30N/AN/A5,3952,61297,47662,295
2024-04-08$38.13$31.0053.3%15.7%26.7%17.6%54.9%-0.3%-1.4%3.7M-217.1M-549.0K0.8444.54N/AN/A1,3591,13893,02760,965
2024-04-09$38.50$31.0054.9%15.6%26.8%19.5%54.7%0.4%-1.6%4.2M-227.0M-547.4K0.8047.49N/AN/A2,6852,14993,71161,992
2024-04-10$38.64$31.0055.4%15.5%26.0%20.1%54.9%1.5%-1.8%4.6M-232.7M-548.7K0.9350.57N/AN/A1,4841,37895,55164,038
2024-04-11$38.44$31.0055.8%15.6%26.0%20.7%54.6%1.2%-1.3%4.7M-225.8M-532.1K0.7447.46N/AN/A1,4311,05695,46164,650
2024-04-12$37.75$31.0052.1%13.8%27.1%16.0%53.3%1.0%-0.6%3.0M-198.2M-529.8K2.9550.81N/AN/A1,3503,98895,98765,298
2024-04-15$36.98$31.0056.4%16.0%27.6%21.3%55.5%1.8%-1.7%1.6M-180.0M-533.0K0.8549.77N/AN/A1,9491,66288,88563,109
2024-04-16$36.81$31.0057.2%16.3%26.4%22.4%56.7%1.0%-1.2%1.4M-175.1M-540.7K0.8545.41N/AN/A98783889,34563,720
2024-04-17$36.44$31.0058.9%16.9%26.6%24.4%58.6%1.8%-2.4%1.0M-164.3M-534.5K1.5146.81N/AN/A8361,26589,23764,158
2024-04-18$36.58$31.0058.7%17.0%23.8%24.2%60.6%0.2%-5.7%1.4M-168.4M-534.2K3.0346.24N/AN/A2,7208,23589,24163,891
2024-04-19$35.05$31.0065.9%18.6%27.9%33.0%64.2%1.8%8.3%2.1M-136.4M-516.6K1.2641.75N/AN/A14,99618,94691,05461,579
2024-04-22$36.21$31.0059.3%17.6%30.6%25.0%61.5%2.0%3.4%1.4M-90.7M-441.6K0.5136.93N/AN/A1,93699054,35030,173
2024-04-23$33.55$31.0059.9%18.2%39.8%25.7%61.6%3.3%-3.4%1.1M-55.8M-425.0K0.0830.03N/AN/A25,4292,11155,90530,777
2024-04-24$34.41$31.0059.8%18.3%39.9%25.6%64.2%3.0%-2.9%1.6M-81.9M-483.7K1.3833.14N/AN/A1,5492,13163,58232,087
2024-04-25$34.45$31.0068.9%18.5%39.8%36.8%65.0%2.6%-17.3%1.7M-84.9M-488.2K0.2633.63N/AN/A1,69843964,42432,687
2024-04-26$34.86$31.0053.1%18.5%40.1%17.3%64.1%1.6%12.0%2.2M-92.8M-490.4K0.9332.22N/AN/A73268065,12032,944
2024-04-29$34.25$31.0055.9%19.6%40.3%20.8%68.7%25.6%7.1%2.2M-86.7M-477.7K0.7837.98N/AN/A1,4671,14562,77029,292
2024-04-30$34.32$31.0062.0%20.4%40.0%28.3%71.9%1.7%-3.3%2.2M-89.2M-476.5K2.4836.82N/AN/A7241,79364,17430,170