QDIV Options History — February 2023

In February 2023, QDIV traded between $31.67 and $33.31. ATM implied volatility averaged 27.7%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 14.6% (HV 20d: 13.1%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 1 of 19 days.

Notable Days

  • 2023-02-13: Highest Volume — 1 contracts
  • 2023-02-03: Largest IV spike — 104.3% change
  • 2023-02-28: Highest IV Rank — 27.1%
  • 2023-02-28: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.45$31.67$33.31$33.28$31.67
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV27.7%11.9%38.3%12.9%38.3%
Expected Move8.5%3.7%11.0%3.7%11.0%
HV 20d13.1%12.0%15.3%14.9%12.8%
HV 60d16.0%14.8%18.0%18.0%14.8%
IV Rank16.1%0.0%27.1%0.6%27.1%
IV Percentile16.6%0.0%46.2%1.9%46.2%
Term Structure-5.9%-13.3%12.5%12.5%-13.2%
Skew 25d3.3%-5.8%4.7%-5.8%3.3%
Skew 10d8.3%1.6%9.9%1.6%8.3%
Call IV 25d35.2%29.3%45.4%33.5%45.4%
Put IV 25d38.5%27.6%48.7%27.6%48.7%
Bid-Ask Spread %143.33137.53145.64137.53143.87
Gamma HHI0.850.641.000.890.64
Net GEX-649-1.9K0-1.4K0
Net DEX5.3K09.5K7.2K0
Net VEX-4-100-90
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1050100
Total OI2.4210440

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$33.28$35.0012.9%3.7%14.9%0.6%0.0%-5.8%12.5%-1.4K7.2K-90.00137.530004
2023-02-02$33.31$0.0012.9%7.7%14.7%0.6%0.0%3.4%-4.2%-1.4K7.1K-80.00145.640004
2023-02-03$33.00$0.0026.4%7.7%15.3%14.4%0.0%3.5%-4.1%-6207.2K-100.00144.480004
2023-02-06$32.73$0.0011.9%7.8%12.2%0.0%0.0%4.0%-4.6%-9518.4K-80.00144.120004
2023-02-07$32.90$0.0017.9%7.5%12.1%6.2%0.0%4.4%-3.7%-1.1K8.2K-70.00142.800004
2023-02-08$32.51$0.0028.0%8.0%12.9%16.5%0.0%4.5%-5.0%-9009.0K-70.00145.520004
2023-02-09$32.23$0.0028.6%8.2%13.0%17.1%0.0%2.8%-5.5%-8069.5K-60.00142.030004
2023-02-10$32.56$0.0028.1%8.1%13.6%16.6%0.0%4.7%-4.6%-8808.8K-60.00144.730004
2023-02-13$32.85$0.0029.0%8.3%13.9%17.5%0.0%4.2%-5.7%-1.9K8.9K-40.00142.540104
2023-02-14$32.74$0.0029.2%8.4%13.7%17.7%0.0%4.1%-6.0%-9477.2K-20.00143.320003
2023-02-15$32.72$0.0029.0%8.3%12.1%17.5%0.0%4.1%-6.1%-1.1K7.5K-20.00143.570103
2023-02-16$32.50$0.0031.0%8.9%12.3%19.6%0.0%4.1%-6.8%-3455.1K-10.00144.040002
2023-02-17$32.41$0.0030.9%8.9%12.0%19.5%0.0%3.9%-6.5%06.5K00.00143.510002
2023-02-21$31.95$0.0033.0%9.5%12.4%21.6%0.0%3.6%-8.4%0000.00142.110000
2023-02-22$31.73$0.0034.5%9.9%12.6%23.2%0.0%4.0%-8.4%0000.00143.180000
2023-02-23$31.99$0.0035.3%10.1%13.0%23.9%0.0%4.3%-8.2%0000.00143.180000
2023-02-24$31.70$0.0032.9%9.4%13.0%21.4%0.0%1.6%-13.3%0000.00142.500000
2023-02-27$31.80$0.0036.8%10.5%13.0%25.5%0.0%4.2%-10.8%0000.00144.540000
2023-02-28$31.67$0.0038.3%11.0%12.8%27.1%0.0%3.3%-13.2%0000.00143.870000