QDIV Options History — September 2023

In September 2023, QDIV traded between $30.47 and $31.93. ATM implied volatility averaged 41.6%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 32.0% (HV 20d: 9.5%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2023-09-26: Largest IV spike — 156.0% change
  • 2023-09-26: Highest IV Rank — 78.9%
  • 2023-09-26: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.14$30.47$31.93$31.93$30.48
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV41.6%25.0%82.8%36.1%36.2%
Expected Move9.2%7.2%23.4%10.3%10.4%
HV 20d9.5%8.2%10.0%9.1%9.9%
HV 60d9.9%9.4%10.3%9.8%9.4%
IV Rank33.1%14.5%78.9%26.7%27.6%
IV Percentile51.2%8.3%97.6%52.0%56.0%
Term Structure-8.2%-24.9%-3.4%-12.2%-9.9%
Skew 25d1.4%-1.2%2.9%1.3%1.1%
Skew 10d-9.4%-28.8%17.7%3.8%-25.8%
Call IV 25d39.7%30.5%112.8%48.3%42.7%
Put IV 25d41.0%31.2%115.8%49.5%43.8%
Bid-Ask Spread %148.50146.30157.50147.49146.30
Gamma HHI0.510.500.540.530.50
Net GEX-1.0K-1.2K-708-890-1.2K
Net DEX9.9K8.0K15.3K8.0K11.5K
Net VEX-33-41-27-37-27
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1515151515

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$31.93$0.0036.1%10.3%9.1%26.7%0.0%1.3%-12.2%-8908.0K-370.00147.4900015
2023-09-05$31.68$31.0043.3%7.3%9.1%34.6%0.0%1.5%-5.8%-9308.8K-380.00150.0300015
2023-09-06$31.33$31.0048.5%7.5%9.7%40.3%0.0%1.2%-5.5%-9719.4K-390.00149.6600015
2023-09-07$31.20$31.0051.6%7.6%9.5%43.8%0.0%1.6%-6.1%-9829.6K-390.00149.2900015
2023-09-08$31.34$31.0055.7%7.7%9.6%48.3%0.0%1.7%-7.7%-9749.3K-360.00149.3800015
2023-09-11$31.28$31.0069.9%7.8%9.3%64.0%0.0%1.6%-8.1%-9939.3K-350.00148.4200015
2023-09-12$31.36$31.0082.8%7.7%9.4%78.1%0.0%1.4%-7.0%-9849.0K-340.00148.3200015
2023-09-13$31.20$31.0025.0%7.2%8.2%14.5%0.0%-1.2%-8.6%-1.0K9.2K-340.00148.4300015
2023-09-14$31.63$31.0026.1%7.5%9.6%15.6%0.0%1.3%-3.4%-9248.1K-300.00148.8500015
2023-09-15$31.38$31.0027.9%8.0%10.0%17.6%0.0%0.9%-4.7%-9918.9K-310.00147.1500015
2023-09-18$31.37$31.0028.5%8.2%9.9%18.8%0.0%1.2%-5.1%-9909.1K-320.00148.9200015
2023-09-19$31.35$31.0028.3%8.1%9.9%18.6%0.0%1.3%-13.8%-1.0K8.9K-290.00146.5700015
2023-09-20$31.20$31.0028.8%8.3%9.3%19.2%0.0%1.8%-5.3%-1.0K9.5K-310.00147.6600015
2023-09-21$30.92$31.0029.2%8.4%9.7%19.6%0.0%1.1%-5.6%-1.1K10.1K-300.00146.8200015
2023-09-22$30.77$31.0030.1%8.6%9.8%20.6%0.0%1.6%-6.0%-1.1K10.6K-310.00147.4900015
2023-09-25$30.78$31.0031.8%9.1%9.6%22.6%0.0%1.6%-7.2%-1.1K10.8K-300.00148.1200015
2023-09-26$30.47$31.0081.5%23.4%9.9%78.9%0.0%2.9%-24.9%-70815.3K-410.00157.5000015
2023-09-27$30.48$31.0035.9%10.3%9.5%27.2%0.0%1.5%-8.5%-1.1K11.7K-300.00147.1900015
2023-09-28$30.67$31.0034.8%10.0%9.8%26.0%0.0%1.7%-8.0%-1.1K11.3K-290.00146.4400015
2023-09-29$30.48$31.0036.2%10.4%9.9%27.6%0.0%1.1%-9.9%-1.2K11.5K-270.00146.3000015