CVNA Options History — October 2021

In October 2021, CVNA traded between $11.29 and $12.15. ATM implied volatility averaged 51.4%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 26.4% (HV 20d: 25.0%). Max pain ranged from $10.00 to $12.90. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.10.

Notable Days

  • 2021-10-21: Highest Volume — 338,025 contracts
  • 2021-10-04: Largest IV spike — 21.5% change
  • 2021-10-05: Highest IV Rank — 32.2%
  • 2021-10-04: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.62$11.29$12.15$12.11$12.15
Max Pain$10.80$10.00$12.90$12.90$10.80
ATM IV51.4%45.9%57.7%46.8%46.3%
Expected Move14.5%11.9%15.6%11.9%15.0%
HV 20d25.0%20.4%27.8%27.0%25.6%
HV 60d27.2%25.6%28.6%27.7%27.9%
IV Rank22.2%13.4%32.2%14.9%14.0%
IV Percentile27.9%17.9%40.5%20.2%18.7%
Term Structure-1.9%-4.4%5.1%5.1%-2.8%
VWIV50.7%43.3%56.3%43.3%50.8%
Skew 25d7.1%4.1%12.9%6.9%4.1%
Skew 10d14.2%7.5%21.0%19.0%8.8%
Call IV 25d49.1%45.2%56.1%45.2%46.7%
Put IV 25d56.2%50.8%66.5%52.1%50.8%
Bid-Ask Spread %43.5228.1564.6764.6749.63
Gamma HHI0.080.060.150.080.08
Net GEX7.0M-8.9M30.3M2.8M15.1M
Net DEX-567.2M-1.07B-262.4M-668.9M-1.07B
Net VEX-4.4M-4.9M-3.7M-4.7M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.472.670.550.83
Total Volume213,614.286102,475338,025250,450330,400
Total OI4,654,436.9054,356,7254,834,2254,556,4254,824,375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$12.11$12.9046.8%11.9%27.0%14.9%43.3%6.9%5.1%2.8M-668.9M-4.7M0.5564.67161,15089,3001,959,3752,597,050
2021-10-04$11.73$10.4056.9%15.6%27.3%30.9%56.3%11.9%-4.1%-133.7K-475.1M-4.9M0.8149.06102,97583,5501,791,8752,564,850
2021-10-05$11.44$10.4057.7%15.1%27.7%32.2%52.6%7.8%-3.2%345.0K-362.1M-4.9M1.6045.2588,000140,7001,893,8502,596,375
2021-10-06$11.42$10.0057.0%15.2%27.8%31.2%53.3%8.5%0.9%2.2M-372.2M-4.8M2.6741.9741,400110,6501,960,5002,611,100
2021-10-07$11.43$10.4054.9%14.5%27.7%27.8%51.3%12.9%-0.0%-7.3M-339.1M-4.9M1.3543.0363,25085,6502,007,9002,703,750
2021-10-08$11.33$10.8053.1%14.6%27.5%25.0%47.8%6.9%-3.9%-8.9M-262.4M-4.9M0.9449.03129,575122,4502,017,2252,735,050
2021-10-11$11.31$10.8053.1%14.7%27.5%24.9%51.1%7.1%-0.3%-2.2M-300.7M-4.7M2.1040.4938,90081,7251,929,6502,683,650
2021-10-12$11.29$10.8053.3%14.3%26.7%25.3%49.4%6.4%-3.1%-1.8M-292.7M-4.7M0.5738.0691,22552,3251,996,5502,725,075
2021-10-13$11.31$10.8050.9%14.3%26.3%21.5%49.4%5.9%-2.3%-3.4M-306.5M-4.6M0.9956.2851,50050,9752,007,2002,750,725
2021-10-14$11.37$10.8050.7%14.0%21.4%21.1%47.5%5.8%-1.8%-2.1M-353.0M-4.6M0.5642.3974,12541,7752,042,8502,766,100
2021-10-15$11.49$10.8049.6%13.3%21.4%19.3%46.4%6.3%-3.6%10.6M-459.4M-4.5M0.4740.5398,22545,8752,065,4752,768,750
2021-10-18$11.58$10.8049.8%14.0%20.4%19.6%48.9%6.5%-1.8%10.6M-611.4M-4.3M1.0131.1794,22594,9251,841,1502,598,975
2021-10-19$11.65$10.8050.3%14.3%20.5%20.5%50.5%7.0%-2.7%14.1M-673.9M-4.3M0.7231.36115,17582,4501,893,7252,611,250
2021-10-20$11.58$10.8050.9%14.6%20.4%21.4%51.5%6.9%-1.7%10.8M-592.9M-4.5M0.9628.15132,825127,5251,966,5502,698,700
2021-10-21$12.06$10.8050.6%14.7%26.2%20.9%51.9%7.6%-4.4%24.6M-968.7M-4.2M0.8536.86182,550155,4751,981,8002,725,125
2021-10-22$11.90$10.8051.2%15.1%26.2%21.9%53.2%6.9%-3.3%30.3M-844.1M-4.3M1.4240.37101,000143,7752,018,7502,746,725
2021-10-25$11.71$10.8049.9%15.2%26.6%19.8%54.2%5.5%-2.9%10.4M-693.1M-4.1M1.2844.2590,350116,0751,893,9252,708,900
2021-10-26$11.69$10.8050.6%14.9%23.3%20.9%51.4%7.0%-3.0%9.9M-683.8M-4.1M0.9743.19138,625134,9251,900,3002,721,475
2021-10-27$11.71$10.8049.3%15.0%23.3%18.9%52.4%6.0%-2.0%13.8M-737.3M-3.9M1.1649.59139,875162,6251,958,6502,734,525
2021-10-28$11.84$10.8045.9%15.1%23.6%13.4%50.9%4.7%0.2%18.1M-839.3M-3.9M1.1848.65136,675161,1251,980,5752,762,775
2021-10-29$12.15$10.8046.3%15.0%25.6%14.0%50.8%4.1%-2.8%15.1M-1.07B-3.7M0.8349.63181,025149,3752,021,0752,803,300