CART Options History — August 2024

In August 2024, CART traded between $31.03 and $36.32. ATM implied volatility averaged 44.7%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 11.6% (HV 20d: 33.1%). Max pain ranged from $31.00 to $34.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2024-08-06: Highest Volume — 27,273 contracts
  • 2024-08-14: Largest IV drop — 35.6% change
  • 2024-08-06: Highest IV Rank — 49.2%
  • 2024-08-02: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.28$31.03$36.32$32.88$35.56
Max Pain$32.09$31.00$34.00$34.00$32.00
ATM IV44.7%31.8%76.3%59.8%36.9%
Expected Move12.9%10.1%24.6%21.8%10.5%
HV 20d33.1%25.5%38.2%34.6%25.5%
HV 60d40.2%38.9%41.9%41.5%38.9%
IV Rank14.0%0.0%49.2%30.2%5.7%
IV Percentile28.6%0.0%95.9%69.8%12.3%
Term Structure2.1%-14.6%21.2%-4.3%1.3%
VWIV45.4%34.7%92.9%75.4%37.5%
Skew 25d4.3%-1.3%16.6%3.1%1.5%
Skew 10d11.8%-4.9%36.1%19.3%9.1%
Call IV 25d45.2%33.3%85.4%58.2%37.7%
Put IV 25d49.4%36.1%86.0%61.3%39.1%
Bid-Ask Spread %38.8716.2954.4432.8554.44
Gamma HHI0.140.080.290.130.17
Net GEX1.0M-139.9K3.5M503.7K2.5M
Net DEX-23.1M-43.3M-6.2M-19.3M-43.3M
Net VEX-211.2K-246.8K-185.4K-246.8K-215.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.063.342.380.45
Total Volume3,986.90929427,2732,4031,734
Total OI56,340.31838,55782,96963,11949,544

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$32.88$34.0059.8%21.8%34.6%30.2%75.4%3.1%-4.3%503.7K-19.3M-246.8K2.3832.85N/AN/A7121,69137,07126,048
2024-08-02$31.52$34.0075.1%24.6%37.1%47.9%92.9%7.1%-14.6%652.0K-8.2M-242.5K1.3436.19N/AN/A8271,10837,28625,800
2024-08-05$31.03$34.0073.0%18.9%37.3%45.5%63.6%10.9%8.3%683.4K-11.5M-231.5K1.6419.22N/AN/A7851,28734,39922,876
2024-08-06$31.55$34.0076.3%18.3%37.3%49.2%63.8%0.7%11.4%733.6K-16.2M-239.0K0.1516.29N/AN/A23,8183,45534,59523,790
2024-08-07$32.28$32.0050.0%13.4%38.2%18.9%46.5%8.3%3.1%3.5M-28.0M-236.2K0.8529.32N/AN/A6,7925,74855,29127,256
2024-08-08$32.05$32.0046.6%12.7%36.2%15.0%44.6%16.6%2.2%1.7M-13.8M-227.0K3.3431.06N/AN/A6952,32053,06128,679
2024-08-09$32.09$32.0042.4%12.1%35.9%10.1%42.6%4.6%6.4%499.2K-12.0M-211.3K2.6433.62N/AN/A1,2363,26453,06329,906
2024-08-12$32.50$32.0037.2%11.8%36.2%4.1%39.0%-1.2%21.2%1.1M-17.0M-208.1K0.6337.33N/AN/A97161538,02623,865
2024-08-13$32.13$32.0049.4%11.5%30.6%18.2%40.0%11.0%-7.6%841.7K-12.2M-206.2K0.7843.28N/AN/A65951538,76424,152
2024-08-14$31.91$32.0031.8%10.9%29.3%0.0%37.8%16.2%19.3%163.3K-6.2M-193.1K1.2343.02N/AN/A67883138,87724,474
2024-08-15$32.25$31.0039.1%10.6%29.8%8.2%38.0%2.2%-4.9%-83.2K-12.8M-188.3K0.9437.23N/AN/A1,2261,15739,38024,142
2024-08-16$32.22$32.0037.0%10.3%29.8%5.8%37.5%-1.3%-0.7%-139.9K-14.7M-185.4K0.3943.61N/AN/A84733339,94324,227
2024-08-19$33.22$31.0035.1%10.1%31.5%3.7%35.1%2.6%1.3%575.1K-21.3M-186.7K0.7646.60N/AN/A2,3011,75320,04118,516
2024-08-20$33.20$31.0036.0%10.3%31.5%4.8%35.9%2.5%0.9%656.0K-22.6M-198.0K0.5243.34N/AN/A78941121,66319,570
2024-08-21$33.39$31.0035.8%10.3%29.1%4.5%35.8%2.3%0.3%794.7K-24.3M-194.4K0.8739.34N/AN/A46340122,12519,861
2024-08-22$34.11$31.0037.0%10.6%30.0%5.9%37.2%3.1%-0.1%874.2K-28.8M-199.1K0.3039.06N/AN/A1,17335022,44220,090
2024-08-23$35.53$31.0035.4%10.1%33.4%4.1%34.7%3.8%-0.5%953.5K-36.6M-200.9K0.2246.34N/AN/A1,28828122,56820,261
2024-08-26$36.32$32.0039.2%11.5%34.0%8.3%41.0%-0.2%0.5%933.0K-39.5M-202.3K0.2140.41N/AN/A8,0761,71021,59718,438
2024-08-27$35.53$32.0034.0%10.9%35.1%2.4%39.0%0.2%1.8%1.7M-40.5M-214.4K1.2554.31N/AN/A35744527,04718,714
2024-08-28$35.43$32.0039.2%11.4%35.1%8.4%40.7%0.6%0.5%1.6M-39.5M-211.7K0.6145.16N/AN/A18311127,07818,903
2024-08-29$35.49$32.0037.6%11.0%30.7%6.5%39.5%-0.8%0.5%1.7M-39.7M-208.3K0.0643.12N/AN/A4,07723927,12018,938
2024-08-30$35.56$32.0036.9%10.5%25.5%5.7%37.5%1.5%1.3%2.5M-43.3M-215.3K0.4554.44N/AN/A1,19853630,42319,121