CarGurus, Inc. (CARG) Open Interest

CarGurus, Inc. (CARG) has 169 call contracts and 8,667 put contracts open across all listed expirations — a put/call open interest ratio of 51.28. Open interest counts the contracts currently outstanding at each strike. This page shows where CARG positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$28.95
52-week range
$26.70 – $38.93
ATM IV (30d)
63.4%
IV rank
80 / 100
High
Expected move
±$2.54 (±8.8%)
Put/call OI
51.28
Put-heavy
Max pain
$34
↑ 17.4% above close
Next earnings
Nov 8, 2026

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CARG Open Interest by Strike

01.2K2.4K3.7KSpotMax painCall wallPut wall23252729313335

CARG open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest169
Total put open interest8,667
Put/call OI ratio51.28
Call wall (largest call OI)$36
Put wall (largest put OI)$31

CARG Open Interest Trend

02.4K4.8K7.2K9.5KCall OIPut OIFeb '26Jun '26Oct '26

CARG total call vs. put open interest, past year.

0.0014.1028.2142.3156.41Feb '26Jun '26Oct '26

CARG put/call open interest ratio, past year.

A put/call open interest ratio of 51.28 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 169 call contracts and 8,667 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.27 in Feb '26 to 51.28 today.

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CARG Options FAQ

What is CARG's put/call ratio?

CARG's put/call open interest ratio is 51.28 as of Oct 9, 2026, with 8,667 put contracts and 169 call contracts outstanding.

Which CARG strikes have the highest open interest?

As of Oct 9, 2026, the largest call open interest sits at $36 (the call wall) and the largest put open interest sits at $31 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.