QDIV Options History — October 2023

In October 2023, QDIV traded between $29.13 and $30.63. ATM implied volatility averaged 36.2%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 24.5% (HV 20d: 11.7%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2023-10-19: Highest Volume — 5 contracts
  • 2023-10-11: Largest IV drop — 41.9% change
  • 2023-10-10: Highest IV Rank — 42.6%
  • 2023-10-30: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.90$29.13$30.63$30.09$29.55
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV36.2%28.0%49.4%36.7%40.4%
Expected Move9.5%7.6%11.9%10.5%11.6%
HV 20d11.7%9.9%12.9%10.3%12.8%
HV 60d9.9%9.2%10.8%9.7%10.8%
IV Rank27.5%18.3%42.6%28.2%32.3%
IV Percentile54.7%15.9%86.5%57.9%76.6%
Term Structure-8.6%-11.9%-5.9%-11.4%-11.3%
Skew 25d1.7%0.9%2.4%1.1%1.8%
Skew 10d3.3%2.7%3.9%2.7%2.8%
Call IV 25d40.2%32.9%50.3%46.7%49.6%
Put IV 25d41.8%35.0%51.4%47.8%51.4%
Bid-Ask Spread %147.07143.38148.72143.38148.01
Gamma HHI0.500.500.510.500.51
Net GEX-784-1.3K0-1.2K0
Net DEX8.7K014.9K12.9K0
Net VEX-12-270-270
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.2270500
Total OI10.227015150

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$30.09$31.0036.7%10.5%10.3%28.2%0.0%1.1%-11.4%-1.2K12.9K-270.00143.3800015
2023-10-03$29.88$31.0037.4%10.7%10.3%28.9%0.0%1.1%-11.3%-1.2K13.7K-260.00144.3900015
2023-10-04$29.69$31.0039.1%11.2%9.9%30.8%0.0%0.9%-11.8%-1.2K14.1K-260.00145.1900015
2023-10-05$29.54$0.0043.0%7.8%10.0%35.3%0.0%1.8%-6.2%-1.3K14.7K-270.00148.0800015
2023-10-06$29.78$0.0039.6%7.6%10.4%31.4%0.0%2.3%-5.9%-1.3K13.5K-230.00146.3100015
2023-10-09$30.16$0.0042.5%8.0%11.7%34.7%0.0%2.3%-6.7%-1.2K12.3K-200.00146.9200015
2023-10-10$30.33$0.0049.4%8.6%11.9%42.6%0.0%1.8%-8.5%-1.2K11.8K-190.00148.7200015
2023-10-11$30.29$0.0028.7%8.2%11.8%19.1%0.0%1.7%-7.8%-1.2K12.0K-180.00148.4900015
2023-10-12$30.02$0.0028.0%8.0%10.7%18.3%0.0%1.7%-6.7%-1.3K12.8K-170.00147.4300015
2023-10-13$30.08$0.0028.7%8.2%10.6%19.1%0.0%1.6%-7.4%-1.3K12.6K-160.00148.3700015
2023-10-16$30.48$0.0030.7%8.8%11.9%21.4%0.0%1.7%-9.4%-1.2K11.2K-120.00147.4600015
2023-10-17$30.63$0.0029.0%8.3%12.1%19.4%0.0%1.4%-8.5%-1.2K10.6K-100.00147.7100015
2023-10-18$30.43$0.0040.9%11.7%12.2%32.9%0.0%1.8%-9.6%-1.2K11.4K-80.00148.0900015
2023-10-19$30.19$0.0032.2%9.2%12.1%23.0%0.0%1.8%-6.4%-1.3K11.8K-50.00147.0805015
2023-10-20$29.84$0.0032.2%9.2%12.6%23.0%0.0%1.9%-6.5%014.9K00.00146.8200015
2023-10-23$29.57$0.0032.5%9.3%12.9%23.4%0.0%2.4%-7.1%0000.00147.040000
2023-10-24$29.67$0.0033.2%9.5%12.6%24.1%0.0%1.7%-7.3%0000.00146.710000
2023-10-25$29.59$0.0034.7%10.0%12.6%25.9%0.0%1.7%-7.7%0000.00147.450000
2023-10-26$29.49$0.0038.8%11.1%12.3%30.5%0.0%1.5%-11.0%0000.00147.870000
2023-10-27$29.13$0.0036.4%10.5%12.8%27.9%0.0%1.3%-9.8%0000.00145.970000
2023-10-30$29.45$0.0041.4%11.9%12.9%33.5%0.0%1.6%-11.9%0000.00148.060000
2023-10-31$29.55$0.0040.4%11.6%12.8%32.3%0.0%1.8%-11.3%0000.00148.010000