CVNA Options History — December 2024

In December 2024, CVNA traded between $8.10 and $10.36. ATM implied volatility averaged 56.2%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 16.7% (HV 20d: 39.5%). Max pain ranged from $6.00 to $9.60. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-12-05: Highest Volume — 2,615,550 contracts
  • 2024-12-19: Largest IV spike — 21.2% change
  • 2024-12-30: Highest IV Rank — 45.2%
  • 2024-12-31: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.51$8.10$10.36$10.23$8.10
Max Pain$6.72$6.00$9.60$9.60$6.60
ATM IV56.2%42.9%81.3%44.0%80.9%
Expected Move16.9%12.8%27.0%12.9%27.0%
HV 20d39.5%25.7%50.1%33.4%48.8%
HV 60d49.8%47.6%53.2%49.1%53.2%
IV Rank16.6%1.5%45.2%2.7%44.8%
IV Percentile21.5%1.2%60.3%2.0%59.9%
Term Structure-0.7%-5.3%2.1%0.4%-1.4%
VWIV62.3%45.4%112.8%45.4%94.8%
Skew 25d9.2%-0.2%26.8%1.4%26.8%
Skew 10d20.0%-0.5%71.1%3.9%44.7%
Call IV 25d51.9%43.2%68.7%44.2%67.6%
Put IV 25d61.1%44.1%94.4%45.6%94.4%
Bid-Ask Spread %36.9627.0351.2129.4731.53
Gamma HHI0.110.060.210.080.06
Net GEX41.6M-15.6M90.7M64.0M-3.0M
Net DEX-2.13B-3.26B-526.3M-3.04B-526.3M
Net VEX-5.2M-5.9M-4.7M-4.7M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.132.060.671.13
Total Volume1,282,307.143298,5252,615,550973,0251,020,900
Total OI12,671,254.76211,700,47513,385,95011,700,47513,104,500

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$10.23$9.6044.0%12.9%33.4%2.7%45.4%1.4%0.4%64.0M-3.04B-4.7M0.6729.47583,375389,6504,907,1256,793,350
2024-12-03$10.23$9.6042.9%12.8%30.6%1.5%45.5%0.4%2.1%69.9M-3.05B-4.8M0.8929.51440,600390,1255,065,7006,913,050
2024-12-04$10.36$9.6043.5%13.1%25.7%2.1%46.2%0.9%0.8%80.2M-3.26B-4.7M0.4729.20997,000464,1255,167,0757,006,025
2024-12-05$10.27$6.0043.1%13.1%26.0%1.7%50.0%-0.2%0.5%74.5M-3.14B-4.9M0.1333.882,305,050310,5005,356,1007,056,500
2024-12-06$10.04$6.0043.8%13.3%27.4%2.5%48.4%1.3%1.9%64.6M-2.75B-5.4M0.7236.23641,425459,9255,730,5757,114,975
2024-12-09$9.89$6.0045.2%13.4%27.9%4.1%49.4%1.3%1.5%50.8M-2.53B-5.2M1.8334.00213,575390,3505,230,0006,913,400
2024-12-10$9.42$6.0045.6%13.4%31.1%4.5%46.5%3.5%0.6%20.3M-1.86B-5.0M0.2538.591,520,775386,1005,261,5257,013,700
2024-12-11$10.01$6.0045.5%13.3%37.9%4.4%49.2%2.9%0.1%77.4M-2.91B-5.4M0.6339.21811,900509,5505,694,4507,080,175
2024-12-12$9.89$6.0045.5%13.2%37.7%4.5%46.8%2.2%0.8%73.3M-2.65B-5.3M0.8841.55196,250173,2255,894,6757,100,625
2024-12-13$9.91$6.0043.6%13.1%37.4%2.3%46.4%2.7%1.9%47.0M-2.62B-5.1M0.6840.63564,400386,0505,886,9757,110,975
2024-12-16$10.23$6.0045.2%13.0%39.0%4.1%47.3%1.5%1.4%87.3M-3.15B-5.1M0.5042.38710,575356,9505,294,4256,930,200
2024-12-17$10.13$6.2045.6%13.1%39.0%4.5%46.5%2.1%0.4%90.7M-2.98B-5.0M0.3345.80701,925232,6005,548,2256,955,675
2024-12-18$9.30$6.2052.1%15.0%49.1%12.0%51.0%6.3%-2.3%24.0M-1.77B-4.9M0.4951.21801,800390,0505,653,4257,039,900
2024-12-19$8.97$6.2063.2%18.2%50.1%24.6%69.4%11.8%-1.8%14.2M-1.41B-5.1M1.3048.47909,6751,183,5255,722,9257,075,900
2024-12-20$8.91$6.2068.7%20.1%49.7%30.9%82.5%16.1%-5.3%14.5M-1.33B-5.4M2.0636.98776,8751,598,2755,977,7007,350,675
2024-12-23$8.93$6.6076.0%22.8%47.2%39.1%85.4%18.9%-2.2%14.1M-1.38B-5.9M0.4227.031,154,775486,0005,164,2757,669,900
2024-12-24$8.95$6.6073.4%21.3%47.0%36.2%83.2%21.7%-3.7%14.3M-1.42B-5.8M1.9234.99102,275196,2505,386,3757,767,575
2024-12-26$8.95$6.6072.6%22.4%47.0%35.3%76.3%23.3%-4.4%13.1M-1.43B-5.5M0.4337.311,003,575433,2255,427,1007,814,425
2024-12-27$8.55$6.6078.7%24.6%48.9%42.2%85.9%23.1%-3.1%-15.6M-832.5M-5.6M0.8935.90624,475555,3255,336,5008,049,450
2024-12-30$8.40$6.6081.3%26.5%48.0%45.2%112.8%24.9%-3.0%-1.9M-769.6M-5.3M0.7932.40870,800684,6504,642,2007,888,025
2024-12-31$8.10$6.6080.9%27.0%48.8%44.8%94.8%26.8%-1.4%-3.0M-526.3M-5.2M1.1331.53479,025541,8754,813,8508,290,650