CART Options History — December 2024

In December 2024, CART traded between $41.47 and $45.69. ATM implied volatility averaged 37.5%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 5.4% (HV 20d: 42.9%). Max pain ranged from $38.00 to $43.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-12-02: Highest Volume — 10,635 contracts
  • 2024-12-06: Largest IV drop — 8.3% change
  • 2024-12-19: Highest IV Rank — 12.4%
  • 2024-12-19: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.77$41.47$45.69$43.75$41.47
Max Pain$38.81$38.00$43.00$43.00$39.00
ATM IV37.5%34.2%41.4%37.1%37.7%
Expected Move10.7%9.9%11.8%10.8%10.6%
HV 20d42.9%30.0%57.2%55.2%36.5%
HV 60d42.0%40.5%44.1%42.2%41.4%
IV Rank8.1%4.5%12.4%7.7%8.3%
IV Percentile21.2%4.0%36.5%17.9%26.2%
Term Structure1.6%-7.6%13.7%-0.4%7.6%
VWIV38.0%33.4%42.5%38.8%36.9%
Skew 25d-1.1%-15.0%6.9%5.3%2.1%
Skew 10d7.1%-8.1%22.7%5.0%3.0%
Call IV 25d38.0%30.8%51.7%30.8%36.4%
Put IV 25d36.9%22.3%42.8%36.2%38.5%
Bid-Ask Spread %51.8040.7760.3251.0558.55
Gamma HHI0.100.080.130.100.08
Net GEX568.7K-319.5K1.9M1.5M-255.8K
Net DEX-51.7M-92.0M-34.0M-70.9M-34.0M
Net VEX-362.7K-396.2K-327.4K-354.0K-327.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.173.653.651.75
Total Volume2,824.3811,33510,63510,6351,364
Total OI78,018.23869,69983,32071,06973,076

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$43.75$43.0037.1%10.8%55.2%7.7%38.8%5.3%-0.4%1.5M-70.9M-354.0K3.6551.05N/AN/A2,2878,34839,84731,222
2024-12-03$43.67$43.0036.9%10.9%55.2%7.4%37.8%-1.1%-7.6%1.1M-65.1M-395.5K1.0647.91N/AN/A64868740,60139,077
2024-12-04$45.69$43.0036.9%10.9%57.2%7.4%38.8%0.4%-0.9%1.9M-92.0M-383.5K0.2850.48N/AN/A3,6481,00440,82539,455
2024-12-05$43.83$38.0037.3%10.7%56.6%7.9%37.6%-0.1%-0.3%1.1M-66.8M-396.2K0.6448.88N/AN/A1,56799740,92039,929
2024-12-06$44.00$38.0034.2%10.3%55.2%4.5%36.6%0.3%-0.8%1.1M-67.6M-389.1K1.1452.03N/AN/A9621,09241,45740,581
2024-12-09$42.53$38.0036.7%10.7%55.4%7.2%38.1%-13.8%2.4%445.1K-48.2M-382.5K0.7751.85N/AN/A2,1731,67839,93939,021
2024-12-10$42.45$38.0038.2%10.8%55.3%8.9%38.0%6.9%-0.4%354.8K-45.5M-383.3K0.5947.49N/AN/A86451041,27740,320
2024-12-11$41.85$38.0037.6%10.6%55.2%8.3%37.5%-14.8%-0.3%41.2K-38.4M-379.6K0.3850.18N/AN/A98437641,48340,383
2024-12-12$41.99$38.0036.8%10.6%38.5%7.3%37.2%-1.0%0.2%104.1K-39.4M-372.4K0.2444.05N/AN/A2,73065441,99940,383
2024-12-13$41.75$38.0036.7%10.6%38.5%7.2%37.3%0.2%-0.1%-319.5K-35.3M-376.5K2.8147.40N/AN/A9442,65442,68840,632
2024-12-16$42.70$38.0037.8%10.8%37.6%8.4%38.3%0.4%13.7%539.4K-52.1M-363.2K0.4840.77N/AN/A1,35565240,47839,744
2024-12-17$42.90$38.0038.9%11.1%37.3%9.6%38.9%0.1%-0.2%674.1K-54.3M-370.5K0.8852.27N/AN/A80971540,90840,148
2024-12-18$41.64$38.0039.4%11.3%35.7%10.2%42.3%0.1%2.2%-207.3K-35.2M-364.1K0.4854.16N/AN/A1,47170041,19440,369
2024-12-19$42.05$38.0041.4%11.8%33.8%12.4%42.5%2.2%1.3%-136.0K-40.8M-357.5K0.1756.25N/AN/A1,85431741,11140,570
2024-12-20$41.83$38.0038.2%10.9%30.0%8.8%38.7%2.3%-0.5%269.9K-37.6M-351.8K1.1755.97N/AN/A2,0032,35041,64740,508
2024-12-23$42.05$38.0037.8%10.7%30.1%8.5%37.7%1.6%1.6%370.8K-41.7M-341.7K0.2353.40N/AN/A1,52535534,48935,210
2024-12-24$43.63$38.0037.3%9.9%33.0%7.8%35.7%-15.0%-0.5%1.3M-63.7M-338.3K0.1860.32N/AN/A1,53427635,33235,439
2024-12-26$43.97$38.0035.3%10.1%33.0%5.7%33.4%-4.1%8.8%1.8M-71.0M-327.5K0.6857.83N/AN/A1,06472135,93935,509
2024-12-27$42.21$38.0036.7%10.2%36.2%7.2%37.7%3.4%1.8%406.0K-44.1M-332.0K3.1851.09N/AN/A9362,97236,52435,878
2024-12-30$42.21$39.0038.8%10.6%36.1%9.5%38.5%1.2%6.7%-140.4K-42.8M-330.8K0.2755.87N/AN/A1,20932334,83837,433
2024-12-31$41.47$39.0037.7%10.6%36.5%8.3%36.9%2.1%7.6%-255.8K-34.0M-327.4K1.7558.55N/AN/A49686835,52737,549