CVNA Options History — October 2024

In October 2024, CVNA traded between $7.03 and $9.87. ATM implied volatility averaged 76.9%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 42.4% (HV 20d: 34.6%). Max pain ranged from $5.20 to $6.60. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.82.

Notable Days

  • 2024-10-31: Highest Volume — 6,628,600 contracts
  • 2024-10-31: Largest IV drop — 29.7% change
  • 2024-10-03: Highest IV Rank — 39.9%
  • 2024-10-30: Largest Expected Move — 26.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.77$7.03$9.87$7.03$9.87
Max Pain$5.87$5.20$6.60$6.40$6.60
ATM IV76.9%52.5%82.2%77.5%52.5%
Expected Move22.0%14.8%26.9%15.3%16.3%
HV 20d34.6%25.4%60.4%48.2%60.4%
HV 60d51.7%44.3%56.8%56.8%52.1%
IV Rank33.3%2.8%39.9%34.0%2.8%
IV Percentile33.3%1.6%40.9%32.9%1.6%
Term Structure-3.3%-6.9%2.1%2.1%-0.9%
VWIV78.8%53.6%93.3%53.6%59.1%
Skew 25d7.0%4.1%9.8%9.4%4.1%
Skew 10d13.1%7.5%19.4%17.5%8.1%
Call IV 25d73.5%51.0%79.1%74.8%51.0%
Put IV 25d80.5%55.1%86.3%84.2%55.1%
Bid-Ask Spread %19.6414.2232.0123.3132.01
Gamma HHI0.150.080.460.100.15
Net GEX54.0M16.0M129.9M36.5M78.2M
Net DEX-2.07B-4.40B-1.32B-1.32B-4.40B
Net VEX-5.1M-5.6M-4.2M-4.2M-4.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.161.871.110.97
Total Volume2,177,673.913664,0756,628,6001,721,0506,628,600
Total OI12,962,955.43511,576,10015,079,77511,576,10013,523,975

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$7.03$6.4077.5%15.3%48.2%34.0%53.6%9.4%2.1%36.5M-1.32B-4.2M1.1123.31814,875906,1754,163,3757,412,725
2024-10-02$7.07$6.4082.2%14.8%48.2%39.8%54.4%7.8%-1.2%37.4M-1.36B-4.2M0.9322.86936,700869,4504,283,4507,625,675
2024-10-03$7.03$5.2082.2%22.2%46.7%39.9%83.8%7.1%-2.5%42.3M-1.45B-4.7M0.6515.101,187,125772,3504,752,6257,991,625
2024-10-04$7.18$5.2079.0%21.5%41.8%35.9%77.5%9.8%0.7%129.9M-1.76B-4.6M0.7914.651,351,6751,067,5004,891,9258,109,500
2024-10-07$7.18$5.2081.6%22.1%42.0%39.1%79.5%7.6%-4.3%42.5M-1.56B-4.9M1.1118.12556,550619,2254,517,7007,658,675
2024-10-08$7.60$5.4082.2%22.4%39.2%39.8%79.7%6.6%-3.9%52.7M-2.20B-4.8M0.5118.023,401,9751,751,6754,643,4757,751,300
2024-10-09$7.63$5.6080.8%22.1%39.6%38.1%79.1%7.3%-4.1%59.8M-2.34B-5.6M0.4614.221,183,500550,1755,595,7758,207,125
2024-10-10$7.65$5.6079.6%22.1%37.5%36.6%79.9%7.1%-2.3%63.7M-2.38B-5.6M0.6618.331,122,275744,8255,839,0758,363,675
2024-10-11$7.68$5.6077.1%21.3%37.6%33.5%76.0%9.1%-4.2%83.7M-2.41B-5.6M0.8330.96658,775548,4006,322,3008,757,475
2024-10-14$7.61$5.8077.5%21.8%31.8%34.0%77.4%6.8%-2.9%47.0M-1.94B-5.4M0.7216.41439,350314,9005,407,0007,956,850
2024-10-15$7.66$5.8075.8%21.6%31.5%31.9%79.1%6.3%-3.9%61.0M-2.01B-5.2M1.8721.56409,725768,0005,477,5758,038,750
2024-10-16$7.73$5.8075.8%21.7%30.0%31.9%78.5%5.5%-3.2%75.1M-2.12B-5.3M1.3817.88857,9251,183,8005,630,0758,042,850
2024-10-17$7.71$5.8076.2%22.0%26.1%32.3%77.6%6.1%-4.0%68.8M-2.04B-5.4M0.1620.701,797,350291,2505,724,7258,285,550
2024-10-18$7.66$5.8075.4%22.1%25.4%31.4%77.7%6.4%-5.5%43.3M-1.92B-5.2M0.3226.961,865,550591,1255,996,5508,354,025
2024-10-21$7.61$6.0078.8%23.7%25.7%35.5%83.7%6.1%-2.9%16.0M-1.58B-5.3M0.6419.66455,050292,3754,509,5007,173,275
2024-10-22$7.90$6.0079.4%24.1%27.6%36.3%84.8%6.1%-4.7%48.4M-2.01B-5.2M1.3116.191,034,7001,357,9504,676,3507,321,875
2024-10-23$7.89$6.0080.8%24.4%26.3%38.1%87.2%7.0%-3.3%42.6M-1.91B-5.4M0.4716.501,556,250731,1004,825,3757,562,700
2024-10-24$8.03$6.0078.0%24.5%26.4%34.6%86.9%6.3%-6.9%59.7M-2.12B-5.3M0.4716.362,089,225986,0004,995,7257,704,400
2024-10-25$8.08$6.0077.4%24.9%26.0%33.9%88.5%7.1%-4.7%53.3M-2.21B-5.3M0.7817.181,414,7751,110,0255,361,8007,818,625
2024-10-28$8.19$6.2072.9%24.2%25.4%28.2%87.1%6.3%-3.4%30.3M-2.12B-5.3M0.4916.01988,400485,2004,797,5006,998,650
2024-10-29$8.35$6.2072.1%24.9%25.7%27.3%87.9%6.1%-3.9%34.1M-2.26B-5.6M0.7514.29380,375283,7005,147,1507,274,100
2024-10-30$8.38$6.4074.6%26.9%25.7%30.4%93.3%8.5%-5.6%34.7M-2.29B-5.6M1.3724.511,153,6001,576,9755,257,1507,398,400
2024-10-31$9.87$6.6052.5%16.3%60.4%2.8%59.1%4.1%-0.9%78.2M-4.40B-4.6M0.9732.013,359,6753,268,9255,689,8757,834,100