QDIV Options History — August 2023

In August 2023, QDIV traded between $31.38 and $32.52. ATM implied volatility averaged 33.6%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 25.2% (HV 20d: 8.4%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2023-08-09: Largest IV drop — 34.4% change
  • 2023-08-07: Highest IV Rank — 34.2%
  • 2023-08-31: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.98$31.38$32.52$32.52$31.81
ATM IV33.6%27.0%42.9%34.1%38.3%
Expected Move8.9%7.4%11.0%9.8%11.0%
HV 20d8.4%6.8%10.0%10.0%9.0%
HV 60d11.2%10.1%11.8%11.8%10.2%
IV Rank23.9%16.7%34.2%24.4%29.1%
IV Percentile39.7%11.1%71.8%42.5%61.9%
Term Structure-8.0%-14.6%-3.6%-10.1%-14.3%
Skew 25d1.5%-0.0%2.7%0.9%-0.0%
Skew 10d2.9%2.0%3.7%2.1%2.5%
Call IV 25d37.7%29.5%47.3%43.8%47.3%
Put IV 25d39.2%31.6%47.3%44.7%47.3%
Bid-Ask Spread %145.74143.45148.97144.12148.79
Gamma HHI0.530.510.760.530.54
Net GEX-862-956-768-777-915
Net DEX8.0K4.4K9.6K7.1K7.9K
Net VEX-42-47-26-44-35
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1515151515

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$32.52$0.0034.1%9.8%10.0%24.4%0.0%0.9%-10.1%-7777.1K-440.00144.1200015
2023-08-02$32.47$0.0036.6%10.5%9.7%27.3%0.0%0.8%-10.2%-7867.4K-450.00143.8400015
2023-08-03$32.41$0.0037.7%7.4%8.6%28.5%0.0%2.6%-4.0%-7847.1K-440.00144.5300015
2023-08-04$32.25$0.0038.7%7.4%8.8%29.6%0.0%1.5%-4.1%-8087.5K-440.00143.4500015
2023-08-07$32.45$0.0042.9%7.7%8.9%34.2%0.0%2.1%-3.6%-7807.1K-430.00145.6100015
2023-08-08$32.33$0.0042.8%7.5%7.5%34.1%0.0%2.7%-4.3%-8027.2K-430.00143.4500015
2023-08-09$32.45$0.0028.1%8.0%7.6%17.8%0.0%1.9%-14.6%-7684.4K-260.00144.7000015
2023-08-10$32.24$0.0027.0%7.8%7.8%16.7%0.0%1.7%-5.2%-8237.5K-420.00143.6300015
2023-08-11$32.40$0.0027.9%8.0%6.8%17.7%0.0%2.2%-4.7%-7997.1K-420.00144.4900015
2023-08-14$32.28$0.0028.0%8.0%7.0%17.8%0.0%1.8%-4.6%-8277.5K-410.00144.2800015
2023-08-15$31.82$0.0027.7%7.9%8.4%17.4%0.0%0.8%-5.5%-8968.5K-440.00144.0700015
2023-08-16$31.68$0.0028.9%8.3%8.3%18.7%0.0%2.2%-6.4%-9159.0K-470.00144.7400015
2023-08-17$31.68$0.0029.0%8.3%8.2%18.9%0.0%2.3%-6.0%-9198.9K-440.00143.8800015
2023-08-18$31.80$0.0029.8%8.6%8.3%19.8%0.0%2.3%-6.1%-8758.5K-430.00144.5100015
2023-08-21$31.71$0.0030.9%8.8%7.9%20.9%0.0%0.9%-7.0%-8978.8K-430.00147.3400015
2023-08-22$31.39$0.0034.1%9.8%8.4%24.5%0.0%1.2%-9.8%-9419.6K-450.00147.5500015
2023-08-23$31.49$0.0034.3%9.8%8.4%24.7%0.0%1.9%-9.5%-9329.4K-450.00147.8800015
2023-08-24$31.38$0.0035.2%10.1%8.2%25.7%0.0%1.4%-10.2%-9569.4K-420.00147.2900015
2023-08-25$31.52$0.0033.7%9.7%8.3%24.0%0.0%1.5%-9.1%-9379.1K-410.00148.9700015
2023-08-28$31.63$0.0036.4%10.4%8.5%27.0%0.0%0.8%-10.5%-9189.0K-410.00148.5700015
2023-08-29$31.84$0.0035.5%10.2%8.9%26.1%0.0%1.0%-11.0%-8908.3K-380.00147.8500015
2023-08-30$31.91$0.0035.2%10.1%9.0%25.7%0.0%0.1%-12.3%-8798.1K-370.00148.4400015
2023-08-31$31.81$0.0038.3%11.0%9.0%29.1%0.0%-0.0%-14.3%-9157.9K-350.00148.7900015