QDIV Options History — December 2022

In December 2022, QDIV traded between $31.30 and $33.27. ATM implied volatility averaged 46.0%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 27.6% (HV 20d: 18.4%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2022-12-28: Highest Volume — 2 contracts
  • 2022-12-21: Largest IV spike — 113.4% change
  • 2022-12-13: Highest IV Rank — 78.2%
  • 2022-12-02: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.03$31.30$33.27$33.27$31.62
ATM IV46.0%17.1%89.2%44.8%41.9%
Expected Move10.0%4.9%13.5%12.8%12.0%
HV 20d18.4%16.3%23.0%21.3%16.8%
HV 60d22.1%20.1%24.0%23.8%20.1%
IV Rank32.3%1.5%78.2%31.0%27.9%
IV Percentile51.0%0.6%98.9%67.5%55.4%
Term Structure-5.4%-16.4%13.2%-15.8%-9.0%
Skew 25d3.6%1.5%5.2%4.9%3.7%
Skew 10d8.3%-7.1%12.6%12.6%10.2%
Call IV 25d39.0%18.6%57.3%55.0%50.8%
Put IV 25d42.6%20.2%62.5%59.9%54.4%
Bid-Ask Spread %146.52137.53152.66144.91148.26
Gamma HHI0.530.510.540.540.51
Net GEX-20-23700-187
Net DEX44504.9K04.5K
Net VEX-1-800-8
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950200
Total OI0.190202

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$33.27$0.0044.8%12.8%21.3%31.0%0.0%4.9%-15.8%0000.00144.910000
2022-12-02$33.17$0.0047.0%13.5%20.9%33.3%0.0%5.2%-16.4%0000.00148.690000
2022-12-05$32.41$0.0054.2%9.2%23.0%41.0%0.0%3.4%-6.8%0000.00148.880000
2022-12-06$32.13$0.0054.3%9.4%22.7%41.1%0.0%3.8%-5.6%0000.00147.060000
2022-12-07$32.10$0.0049.8%8.3%22.4%36.3%0.0%3.3%-5.8%0000.00144.000000
2022-12-08$32.19$0.0063.3%9.4%20.7%50.6%0.0%3.9%-5.9%0000.00149.700000
2022-12-09$32.05$0.0067.8%9.5%16.4%55.5%0.0%3.6%-6.6%0000.00149.790000
2022-12-12$32.46$0.0084.2%10.0%16.3%72.9%0.0%5.0%-9.0%0000.00147.230000
2022-12-13$32.67$0.0089.2%9.3%16.4%78.2%0.0%3.5%-7.9%0000.00145.260000
2022-12-14$32.37$0.0034.9%10.0%16.8%20.5%0.0%3.3%-10.4%0000.00145.260000
2022-12-15$31.80$0.0034.8%10.0%17.4%20.4%0.0%4.3%13.2%0000.00149.050000
2022-12-16$31.52$0.0040.9%11.7%17.6%26.8%0.0%4.6%-5.4%0000.00152.660000
2022-12-19$31.30$0.0037.5%10.7%17.4%23.2%0.0%3.7%-6.1%0000.00147.490000
2022-12-20$31.42$0.0017.1%4.9%17.3%1.5%0.0%1.6%0.8%0000.00147.760000
2022-12-21$31.75$0.0036.4%10.4%16.8%22.1%0.0%3.2%-5.6%0000.00149.090000
2022-12-22$31.38$0.0031.7%9.1%17.0%17.1%0.0%3.8%-4.7%0000.00140.170000
2022-12-23$31.76$0.0032.0%9.2%17.6%17.4%0.0%3.9%-4.6%0000.00143.010000
2022-12-27$31.99$0.0039.9%11.4%16.7%25.7%0.0%4.4%-9.0%0000.00149.340000
2022-12-28$31.45$0.0033.9%9.7%17.4%19.4%0.0%1.5%1.7%0000.00137.530200
2022-12-29$31.77$0.0030.4%8.7%16.9%15.7%0.0%1.5%4.7%-2374.9K-70.00141.850002
2022-12-30$31.62$0.0041.9%12.0%16.8%27.9%0.0%3.7%-9.0%-1874.5K-80.00148.260002