CART Options History — March 2026

In March 2026, CART traded between $35.88 and $38.55. ATM implied volatility averaged 47.7%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 9.0% (HV 20d: 38.7%). Max pain ranged from $40.00 to $41.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2026-03-10: Highest Volume — 5,368 contracts
  • 2026-03-30: Largest IV spike — 8.4% change
  • 2026-03-30: Highest IV Rank — 54.4%
  • 2026-03-12: Largest Expected Move — 21.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.37$35.88$38.55$37.97$37.50
Max Pain$40.18$40.00$41.00$40.00$40.00
ATM IV47.7%45.2%54.6%47.1%54.0%
Expected Move14.2%13.0%21.0%13.4%15.5%
HV 20d38.7%31.2%50.4%50.0%33.2%
HV 60d41.9%40.3%43.4%43.4%42.6%
IV Rank39.0%33.4%54.4%37.6%53.2%
IV Percentile65.2%55.6%79.4%65.1%78.6%
Term Structure1.2%-3.4%5.5%-0.7%2.8%
VWIV48.9%45.7%53.5%47.4%49.7%
Skew 25d5.8%2.9%14.3%6.9%14.3%
Skew 10d13.6%-1.1%40.0%11.3%5.7%
Call IV 25d46.7%43.5%56.1%44.8%47.4%
Put IV 25d52.4%48.8%61.7%51.7%61.7%
Bid-Ask Spread %47.4127.9575.2471.8533.71
Gamma HHI0.080.070.100.070.08
Net GEX1.3M621.4K2.2M1.4M1.3M
Net DEX-17.4M-35.0M-3.3M-16.4M-22.5M
Net VEX-364.9K-422.4K-308.2K-371.9K-347.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.082.990.190.25
Total Volume2,058.6365435,3681,1971,478
Total OI84,953.13671,89394,12183,99475,611

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$37.97$40.0047.1%13.4%50.0%37.6%47.4%6.9%-0.7%1.4M-16.4M-371.9K0.1971.85N/AN/A1,00619160,14923,845
2026-03-03$37.22$40.0048.5%14.0%50.4%40.8%50.1%4.3%-1.2%1.1M-10.2M-354.4K0.4474.42N/AN/A37716660,76523,958
2026-03-04$36.60$40.0045.8%13.5%48.9%34.6%48.4%6.1%-0.5%832.3K-3.3M-337.1K0.6075.24N/AN/A60135860,83124,057
2026-03-05$37.00$41.0046.3%13.4%48.9%35.7%47.0%5.1%-0.6%1.1M-9.7M-343.9K1.0868.26N/AN/A1,1861,27860,86024,051
2026-03-06$38.09$41.0047.5%14.0%43.7%38.4%45.7%2.9%-3.4%1.3M-15.7M-364.0K0.1173.48N/AN/A4,06445861,52325,044
2026-03-09$38.29$41.0047.7%14.2%43.7%38.8%49.0%4.5%1.2%1.5M-23.3M-369.1K0.2773.87N/AN/A2,32862063,36224,436
2026-03-10$38.03$41.0045.2%13.6%43.1%33.4%47.7%5.9%2.5%1.5M-17.2M-355.5K0.0874.16N/AN/A4,96040864,26824,821
2026-03-11$36.95$40.0045.3%13.9%43.7%33.6%48.1%3.4%2.7%1.1M-11.1M-391.1K0.2868.33N/AN/A1,02428268,64225,159
2026-03-12$37.59$40.0047.9%21.0%39.4%39.3%48.8%4.9%-0.6%1.5M-23.7M-417.0K1.1027.95N/AN/A9391,02968,94324,967
2026-03-13$38.11$40.0048.0%14.5%39.5%39.5%51.4%6.5%-0.1%2.2M-30.0M-420.2K0.3731.00N/AN/A74027469,52224,599
2026-03-16$38.55$40.0047.5%13.6%34.4%38.4%49.1%5.4%-0.2%2.0M-35.0M-422.4K0.5132.22N/AN/A73537467,22723,972
2026-03-17$38.09$40.0046.1%13.0%32.2%35.2%50.0%5.1%0.8%1.6M-26.9M-396.6K1.4431.85N/AN/A48569867,46623,928
2026-03-18$37.86$40.0046.0%14.5%31.2%35.1%47.5%5.7%-3.0%1.5M-22.4M-381.8K0.4436.72N/AN/A57224967,65824,165
2026-03-19$36.58$40.0045.7%13.1%33.1%34.5%47.5%6.9%-0.4%733.6K-6.7M-350.4K2.9934.10N/AN/A7242,16267,83624,211
2026-03-20$37.04$40.0047.4%13.5%32.5%38.2%50.2%5.4%-0.5%1.0M-16.7M-361.1K0.2032.15N/AN/A1,85136467,97823,438
2026-03-23$38.14$40.0047.3%13.6%33.6%38.1%46.4%6.3%5.2%1.3M-24.5M-365.6K0.1834.90N/AN/A2,91353656,93814,955
2026-03-24$36.70$40.0047.2%13.5%36.5%37.8%49.9%5.4%4.7%1.1M-14.8M-346.0K0.4431.14N/AN/A1,43263759,30915,242
2026-03-25$36.33$40.0047.6%13.4%36.4%38.7%46.7%5.1%5.5%880.2K-11.9M-335.5K0.5834.44N/AN/A93053760,35515,667
2026-03-26$36.58$40.0047.4%13.6%32.1%38.2%52.3%5.7%5.0%959.9K-13.1M-337.3K0.1533.49N/AN/A66710360,82016,062
2026-03-27$35.88$40.0050.4%14.8%31.8%44.9%50.5%7.2%2.9%621.4K-6.2M-308.2K0.1636.79N/AN/A1,53223861,14215,898
2026-03-30$37.06$40.0054.6%15.6%33.7%54.4%53.5%3.5%3.2%1.2M-21.3M-349.9K0.1132.98N/AN/A3,39538960,26615,023
2026-03-31$37.50$40.0054.0%15.5%33.2%53.2%49.7%14.3%2.8%1.3M-22.5M-347.7K0.2533.71N/AN/A1,18329560,53815,073