CART Options History — July 2024

In July 2024, CART traded between $32.42 and $36.28. ATM implied volatility averaged 49.4%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 9.1% (HV 20d: 40.4%). Max pain ranged from $30.00 to $34.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-07-24: Highest Volume — 6,071 contracts
  • 2024-07-26: Largest IV drop — 14.9% change
  • 2024-07-25: Highest IV Rank — 34.9%
  • 2024-07-31: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.45$32.42$36.28$32.42$34.37
Max Pain$33.45$30.00$34.00$30.00$34.00
ATM IV49.4%37.5%63.9%38.3%55.4%
Expected Move15.2%10.0%19.8%10.4%19.8%
HV 20d40.4%31.8%51.4%51.2%31.8%
HV 60d43.0%40.7%45.3%43.5%40.7%
IV Rank18.3%4.5%34.9%5.4%25.1%
IV Percentile43.3%12.4%76.7%14.5%56.5%
Term Structure0.9%-8.3%10.7%4.2%1.0%
VWIV53.5%35.8%72.6%36.4%72.6%
Skew 25d2.0%-1.9%7.6%-1.0%5.1%
Skew 10d3.3%-16.7%46.2%2.4%46.2%
Call IV 25d50.7%38.4%61.9%40.6%55.6%
Put IV 25d52.7%38.7%68.4%39.6%60.7%
Bid-Ask Spread %37.7327.7763.2550.8439.52
Gamma HHI0.220.120.830.190.12
Net GEX2.6M502.9K11.4M1.3M990.5K
Net DEX-53.8M-99.4M-28.3M-28.3M-34.9M
Net VEX-284.5K-309.8K-256.9K-277.9K-256.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.202.320.260.59
Total Volume2,137.2277796,0711,110779
Total OI75,546.68256,79887,85380,01162,617

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$32.42$30.0038.3%10.4%51.2%5.4%36.4%-1.0%4.2%1.3M-28.3M-277.9K0.2650.84N/AN/A88122948,66331,348
2024-07-02$33.25$30.0037.5%10.2%51.4%4.5%35.8%-0.9%7.4%1.7M-41.1M-289.5K0.4751.31N/AN/A1,79184849,19331,402
2024-07-03$34.06$30.0038.3%10.0%50.6%5.4%36.3%-0.7%7.5%2.2M-58.3M-309.8K0.3463.25N/AN/A1,72558251,14531,738
2024-07-05$34.41$34.0039.3%13.0%50.0%6.6%44.5%0.6%-0.7%2.9M-63.4M-303.6K0.3131.57N/AN/A1,30339852,40932,125
2024-07-08$34.14$34.0037.8%13.4%41.5%4.9%45.7%3.5%10.7%2.6M-56.7M-291.5K0.5134.35N/AN/A1,01251651,63829,617
2024-07-09$33.31$34.0042.0%13.7%42.0%9.7%47.0%1.3%0.1%2.3M-45.1M-283.5K0.2635.59N/AN/A96425052,10929,818
2024-07-10$33.59$34.0047.8%13.8%39.6%16.4%48.6%4.5%0.2%2.4M-51.4M-290.8K0.4832.93N/AN/A1,34364852,49529,956
2024-07-11$34.64$34.0042.7%14.0%40.0%10.6%48.9%7.6%8.0%3.0M-68.1M-303.0K0.4137.75N/AN/A2,40099253,45730,282
2024-07-12$35.00$34.0048.2%13.7%40.0%16.8%47.8%-1.9%-1.0%3.6M-76.1M-295.9K0.7432.07N/AN/A1,11882254,82830,591
2024-07-15$34.55$34.0049.1%14.0%37.5%17.9%49.4%2.7%-1.3%2.9M-64.6M-281.6K0.5832.73N/AN/A75544054,03029,656
2024-07-16$36.28$34.0050.2%14.2%40.9%19.2%49.5%2.4%-1.1%4.5M-99.4M-283.2K0.4433.38N/AN/A2,20297654,37129,885
2024-07-17$35.20$34.0053.1%15.2%42.4%22.5%53.4%0.5%-8.3%3.5M-77.1M-287.4K0.7434.55N/AN/A1,7721,31755,27630,607
2024-07-18$35.03$34.0053.8%15.7%42.3%23.3%55.8%1.3%-0.6%2.9M-72.0M-287.6K0.2328.08N/AN/A1,29429455,73231,693
2024-07-19$34.99$34.0055.5%16.4%42.1%25.2%56.8%0.8%-4.0%11.4M-71.1M-290.0K0.3127.77N/AN/A1,30140355,98031,873
2024-07-22$35.57$34.0056.0%17.0%38.0%25.9%60.0%0.6%0.2%1.5M-49.8M-273.7K0.2029.83N/AN/A1,64733234,27522,523
2024-07-23$35.48$34.0056.7%17.0%37.4%26.7%60.1%0.4%-3.1%1.7M-49.9M-275.8K0.5233.57N/AN/A1,05354635,52822,724
2024-07-24$34.22$34.0056.4%18.8%35.8%26.3%65.2%4.2%2.2%1.3M-36.2M-279.1K1.4749.01N/AN/A2,4533,61836,28023,318
2024-07-25$34.54$34.0063.9%18.2%34.2%34.9%65.9%6.4%-2.5%945.2K-37.9M-284.8K2.3241.07N/AN/A8611,99737,48526,469
2024-07-26$34.44$34.0054.3%18.3%33.2%23.9%63.9%2.2%-3.5%502.9K-35.0M-281.5K1.0537.34N/AN/A1,0151,06838,23528,109
2024-07-29$34.25$34.0053.0%18.7%33.0%22.4%65.8%3.4%8.8%980.8K-33.6M-271.1K0.6036.09N/AN/A1,39884335,56324,875
2024-07-30$34.22$34.0058.3%19.2%32.9%28.5%66.6%1.6%-3.4%1.0M-33.4M-260.4K1.2437.44N/AN/A37246136,49625,613
2024-07-31$34.37$34.0055.4%19.8%31.8%25.1%72.6%5.1%1.0%990.5K-34.9M-256.9K0.5939.52N/AN/A49028936,72525,892