CART Options History — September 2024

In September 2024, CART traded between $33.53 and $42.36. ATM implied volatility averaged 39.3%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 4.6% (HV 20d: 34.7%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2024-09-03: Highest Volume — 11,518 contracts
  • 2024-09-30: Largest IV spike — 27.5% change
  • 2024-09-06: Highest IV Rank — 14.4%
  • 2024-09-04: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.72$33.53$42.36$34.64$40.69
Max Pain$32.15$32.00$33.00$32.00$33.00
ATM IV39.3%33.4%44.6%40.2%43.3%
Expected Move11.0%9.5%12.5%12.0%9.9%
HV 20d34.7%26.9%41.8%26.9%41.8%
HV 60d35.3%33.7%36.2%35.8%35.8%
IV Rank8.5%1.8%14.4%9.4%13.0%
IV Percentile17.3%0.4%30.2%21.1%30.2%
Term Structure1.7%-4.5%10.6%-0.8%-4.5%
VWIV38.6%33.3%44.3%42.6%35.2%
Skew 25d2.7%0.5%8.7%1.8%8.7%
Skew 10d3.5%-14.6%10.6%2.2%9.9%
Call IV 25d37.9%32.4%43.7%40.1%32.4%
Put IV 25d40.6%34.4%47.3%41.9%41.1%
Bid-Ask Spread %56.6640.4673.9547.5447.07
Gamma HHI0.200.100.420.150.20
Net GEX1.9M1.1M3.8M1.9M1.3M
Net DEX-55.2M-105.5M-26.2M-33.4M-64.4M
Net VEX-227.4K-276.9K-198.1K-205.9K-270.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.152.290.150.76
Total Volume3,866.3540411,51811,5181,595
Total OI52,453.147,01758,33847,01754,050

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$34.64$32.0040.2%12.0%26.9%9.4%42.6%1.8%-0.8%1.9M-33.4M-205.9K0.1547.54N/AN/A10,0501,46828,42118,596
2024-09-04$33.53$32.0039.9%12.5%29.7%9.1%44.3%1.8%10.6%1.7M-26.2M-213.7K1.5244.53N/AN/A31748132,86819,754
2024-09-05$34.38$32.0041.5%11.5%29.9%11.0%40.1%0.5%-0.2%2.2M-33.7M-216.0K2.2960.69N/AN/A20947932,95019,961
2024-09-06$34.10$32.0044.6%11.9%30.0%14.4%41.9%3.6%0.6%1.6M-29.9M-210.3K0.7357.20N/AN/A23417032,98320,380
2024-09-09$35.25$32.0043.1%12.1%31.8%12.7%43.4%1.1%-0.5%2.3M-41.5M-213.1K0.1753.76N/AN/A3,08753428,86419,781
2024-09-10$35.36$32.0042.8%12.2%31.7%12.4%42.8%2.8%-0.6%3.1M-44.7M-213.8K0.8657.69N/AN/A83671931,08420,197
2024-09-11$35.31$32.0041.6%11.8%31.2%11.1%40.4%2.7%-0.4%3.8M-43.9M-213.1K0.1558.94N/AN/A7,0771,04731,80620,724
2024-09-12$36.19$32.0041.1%11.9%31.6%10.5%41.1%2.1%-0.1%2.5M-47.2M-210.2K0.6559.30N/AN/A1,04067928,37021,399
2024-09-13$36.67$32.0044.4%11.5%31.7%14.2%40.2%1.3%1.1%2.1M-54.4M-209.5K0.3363.60N/AN/A2,32075629,08221,844
2024-09-16$37.28$32.0042.1%12.1%31.8%11.6%39.9%2.6%-1.4%1.8M-52.5M-203.5K0.3260.69N/AN/A1,16637527,01121,189
2024-09-17$37.61$32.0039.2%11.2%30.6%8.4%40.2%1.3%0.7%1.9M-55.7M-210.8K0.6558.67N/AN/A1,10571827,60121,421
2024-09-18$39.80$32.0039.3%11.3%35.3%8.5%39.6%2.7%-0.4%1.7M-75.1M-202.3K0.1570.27N/AN/A4,05461928,14522,066
2024-09-19$41.58$32.0037.3%10.5%37.3%6.1%36.5%2.4%7.7%1.5M-91.5M-198.1K0.4273.95N/AN/A6,5602,78429,87522,640
2024-09-20$42.36$32.0037.7%10.5%37.2%6.6%36.7%2.4%7.4%1.2M-105.5M-242.5K0.6370.16N/AN/A6,0513,80833,47024,868
2024-09-23$40.52$32.0033.8%9.7%40.3%2.3%34.2%0.9%10.4%1.1M-65.4M-232.7K1.7158.18N/AN/A2,0423,48927,03723,208
2024-09-24$39.43$32.0033.4%9.7%41.6%1.8%33.5%3.0%0.6%1.2M-53.2M-255.8K0.3149.45N/AN/A3,7491,16627,78726,146
2024-09-25$40.25$32.0033.5%9.6%40.8%1.9%33.5%1.6%-2.6%1.8M-66.4M-276.9K0.3240.46N/AN/A2,42376930,77826,765
2024-09-26$39.66$33.0033.7%9.5%41.3%2.1%33.3%2.9%0.8%1.8M-59.2M-275.2K0.4645.20N/AN/A1,20455230,73527,204
2024-09-27$39.72$33.0034.0%9.5%41.3%2.5%33.4%7.8%6.6%1.7M-60.5M-274.5K0.4155.85N/AN/A1,13446130,73427,268
2024-09-30$40.69$33.0043.3%9.9%41.8%13.0%35.2%8.7%-4.5%1.3M-64.4M-270.3K0.7647.07N/AN/A90469128,79425,256