QDIV Options History — March 2023

In March 2023, QDIV traded between $30.09 and $32.13. ATM implied volatility averaged 41.7%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 27.3% (HV 20d: 14.4%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 67.8% change
  • 2023-03-14: Highest IV Rank — 90.2%
  • 2023-03-01: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.01$30.09$32.13$31.75$31.80
ATM IV41.7%21.8%100.1%38.6%32.8%
Expected Move9.1%6.2%11.1%11.1%9.4%
HV 20d14.4%11.8%18.0%12.3%18.0%
HV 60d14.7%14.0%15.2%14.8%15.1%
IV Rank30.5%10.2%90.2%27.3%21.4%
IV Percentile42.4%7.5%99.1%47.3%23.0%
Term Structure-6.2%-13.1%2.1%-12.3%-6.8%
Skew 25d4.5%1.7%6.4%3.0%3.9%
Skew 10d9.4%5.7%12.3%7.9%8.5%
Call IV 25d36.6%27.9%46.3%46.3%40.4%
Put IV 25d41.0%29.6%49.3%49.3%44.2%
Bid-Ask Spread %143.36137.36148.51143.35143.29
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$31.75$0.0038.6%11.1%12.3%27.3%0.0%3.0%-12.3%0000.00143.350000
2023-03-02$31.97$0.0021.8%6.2%11.8%10.2%0.0%4.9%1.8%0000.00137.360000
2023-03-03$32.13$0.0028.9%8.3%12.0%17.4%0.0%4.0%2.1%0000.00140.520000
2023-03-06$31.95$0.0043.0%7.5%11.8%31.8%0.0%2.9%-5.0%0000.00143.850000
2023-03-07$31.50$0.0047.1%7.9%12.4%36.0%0.0%2.6%-4.7%0000.00144.780000
2023-03-08$31.44$0.0047.8%6.9%12.1%36.7%0.0%1.7%-3.6%0000.00144.920000
2023-03-09$30.99$0.0050.0%7.8%12.4%39.0%0.0%2.3%-6.9%0000.00139.950000
2023-03-10$30.45$0.0062.1%9.0%13.4%51.3%0.0%3.9%-7.5%0000.00143.010000
2023-03-13$30.40$0.0091.9%10.6%12.5%81.8%0.0%4.9%-9.6%0000.00143.730000
2023-03-14$30.48$0.00100.1%10.4%11.8%90.2%0.0%4.4%-9.7%0000.00148.510000
2023-03-15$30.09$0.0032.2%9.2%12.3%20.8%0.0%5.5%-7.1%0000.00144.450000
2023-03-16$30.53$0.0032.5%9.3%13.9%21.1%0.0%6.4%-7.9%0000.00144.400000
2023-03-17$30.14$0.0031.7%9.1%14.3%20.3%0.0%5.9%-5.1%0000.00143.880000
2023-03-20$30.63$0.0031.6%9.1%15.9%20.2%0.0%6.4%-4.9%0000.00143.340000
2023-03-21$30.99$0.0031.7%9.1%16.1%20.3%0.0%5.1%-4.4%0000.00144.150000
2023-03-22$30.61$0.0032.3%9.3%16.5%20.9%0.0%4.7%-5.4%0000.00144.150000
2023-03-23$30.30$0.0034.3%9.8%16.3%23.0%0.0%5.0%-5.3%0000.00143.570000
2023-03-24$30.52$0.0032.4%9.3%16.5%20.9%0.0%6.1%-5.4%0000.00142.350000
2023-03-27$30.84$0.0033.8%9.7%17.0%22.4%0.0%5.3%-6.4%0000.00143.860000
2023-03-28$30.89$0.0034.4%9.9%17.0%23.1%0.0%5.3%-6.8%0000.00143.860000
2023-03-29$31.31$0.0034.1%9.8%17.7%22.7%0.0%4.7%-13.1%0000.00142.620000
2023-03-30$31.45$0.0034.7%10.0%17.6%23.4%0.0%4.2%-7.4%0000.00143.310000
2023-03-31$31.80$0.0032.8%9.4%18.0%21.4%0.0%3.9%-6.8%0000.00143.290000