CART Options History — May 2024

In May 2024, CART traded between $30.30 and $37.59. ATM implied volatility averaged 44.4%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 2.0% (HV 20d: 42.4%). Max pain ranged from $31.00 to $36.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.23.

Notable Days

  • 2024-05-08: Highest Volume — 32,752 contracts
  • 2024-05-09: Largest IV drop — 30.8% change
  • 2024-05-08: Highest IV Rank — 27.7%
  • 2024-05-01: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.97$30.30$37.59$35.53$30.30
Max Pain$34.64$31.00$36.00$31.00$34.00
ATM IV44.4%34.7%61.6%60.1%36.0%
Expected Move12.7%9.9%20.4%20.4%10.4%
HV 20d42.4%36.8%48.0%42.3%36.8%
HV 60d37.3%35.7%38.9%38.6%35.7%
IV Rank8.9%0.0%27.7%25.9%1.5%
IV Percentile17.6%0.0%64.3%61.2%0.6%
Term Structure-2.6%-17.7%4.2%-1.8%1.1%
VWIV44.4%34.7%71.4%71.4%36.4%
Skew 25d0.9%-3.2%5.0%2.6%2.4%
Skew 10d1.2%-3.2%4.4%1.2%3.0%
Call IV 25d43.5%33.6%61.0%59.7%35.0%
Put IV 25d44.4%35.4%65.9%62.3%37.5%
Bid-Ask Spread %32.2215.4444.5339.7235.17
Gamma HHI0.150.090.320.120.13
Net GEX1.3M-844.6K3.1M2.2M684.2K
Net DEX-59.6M-135.6M30.2K-106.7M-6.0M
Net VEX-394.6K-488.9K-310.8K-488.4K-310.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.123.491.552.74
Total Volume8,668.51,15432,7528,2884,365
Total OI101,683.40988,829119,05496,14093,966

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$35.53$31.0060.1%20.4%42.3%25.9%71.4%2.6%-1.8%2.2M-106.7M-488.4K1.5539.72N/AN/A3,2455,04364,48531,655
2024-05-02$35.53$31.0058.8%20.2%41.7%24.3%69.9%1.0%-1.8%2.2M-109.0M-488.9K3.4930.68N/AN/A8332,90466,58534,178
2024-05-03$36.69$31.0057.5%20.3%42.1%22.7%70.9%-2.1%-1.4%3.1M-130.0M-481.9K0.7129.66N/AN/A1,4351,02567,14035,626
2024-05-06$36.22$35.0058.8%15.7%41.7%24.2%55.4%3.1%-2.3%2.7M-119.4M-476.3K0.8815.44N/AN/A1,6271,43665,53029,663
2024-05-07$37.32$35.0056.3%15.2%43.1%21.2%52.2%0.6%-8.5%2.8M-135.6M-470.3K0.2222.93N/AN/A16,1453,58566,46730,959
2024-05-08$37.59$35.0061.6%16.4%43.1%27.7%55.9%5.0%-9.2%2.3M-122.7M-440.0K0.3317.52N/AN/A24,6678,08563,40234,255
2024-05-09$36.16$36.0042.6%11.8%45.1%4.4%41.1%-1.0%-0.1%2.5M-97.4M-414.8K0.5426.11N/AN/A12,5276,70977,41841,636
2024-05-10$35.14$36.0037.6%11.3%45.7%0.0%38.8%0.4%1.1%279.4K-72.3M-393.6K0.7424.06N/AN/A6,0104,42875,89142,713
2024-05-13$34.85$36.0039.4%11.1%45.3%2.2%39.3%0.8%-1.6%1.9M-60.5M-363.8K1.8423.77N/AN/A2,0063,69865,87033,710
2024-05-14$34.33$36.0044.5%11.1%45.5%8.3%38.5%1.0%-0.5%1.1M-50.1M-352.0K0.7528.20N/AN/A1,29897367,19136,122
2024-05-15$33.00$36.0040.0%11.3%47.3%2.8%39.0%0.8%-0.9%1.0M-30.5M-338.5K1.2035.55N/AN/A7,6519,20168,76936,674
2024-05-16$33.16$35.0038.3%10.7%47.3%0.8%37.5%0.4%-0.7%389.4K-38.5M-353.4K0.1242.46N/AN/A12,5181,48173,91138,548
2024-05-17$34.38$35.0036.8%10.4%47.2%0.0%35.8%-0.2%-0.6%2.2M-65.8M-395.0K2.0738.32N/AN/A1,7213,56478,03239,195
2024-05-20$32.86$35.0037.6%10.7%48.0%0.9%36.9%0.4%1.0%1.2M-31.9M-370.1K0.9935.63N/AN/A7,8497,79255,59333,236
2024-05-21$32.78$35.0036.0%10.3%39.9%0.0%36.1%0.4%0.4%691.3K-30.1M-391.1K0.2634.54N/AN/A1,69243458,52140,280
2024-05-22$32.95$35.0036.0%10.3%38.7%0.0%36.0%-0.5%-0.8%901.0K-35.1M-392.5K0.5436.91N/AN/A1,51982759,70340,252
2024-05-23$32.59$35.0036.9%10.4%38.8%1.1%36.9%1.8%4.2%704.8K-26.5M-381.5K0.2244.53N/AN/A94520960,13740,807
2024-05-24$32.16$35.0034.7%9.9%38.6%0.0%34.7%1.8%1.0%493.3K-15.4M-363.8K2.9331.98N/AN/A9152,67760,69240,888
2024-05-28$32.10$35.0045.1%10.5%38.2%12.2%36.9%2.3%-17.7%-312.1K-19.2M-360.7K0.4742.55N/AN/A87041257,70238,875
2024-05-29$31.04$35.0038.1%11.0%39.7%4.0%38.3%-3.2%-2.6%-844.6K30.2K-330.0K1.4636.65N/AN/A5,0167,34758,32539,075
2024-05-30$30.64$35.0043.9%10.7%36.8%10.7%37.8%1.0%-15.5%1.0M-8.6M-323.8K3.0836.41N/AN/A9863,03759,89633,462
2024-05-31$30.30$34.0036.0%10.4%36.8%1.5%36.4%2.4%1.1%684.2K-6.0M-310.8K2.7435.17N/AN/A1,1683,19760,38433,582