QDIV Options History — April 2024

In April 2024, QDIV traded between $32.72 and $34.59. ATM implied volatility averaged 31.7%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 21.3% (HV 20d: 10.4%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-04-01: Highest Volume — 1 contracts
  • 2024-04-10: Largest IV drop — 37.6% change
  • 2024-04-09: Highest IV Rank — 25.9%
  • 2024-04-03: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.47$32.72$34.59$34.59$32.93
ATM IV31.7%25.3%40.6%34.0%34.4%
Expected Move8.4%6.9%10.2%9.8%9.9%
HV 20d10.4%9.1%11.4%9.1%10.2%
HV 60d10.2%9.5%10.6%9.5%10.6%
IV Rank15.1%7.3%25.9%17.9%18.4%
IV Percentile40.0%1.2%80.2%53.6%57.1%
Term Structure-6.5%-12.8%17.4%-8.5%-11.7%
Skew 25d1.2%0.1%2.1%1.0%0.1%
Skew 10d2.7%2.2%3.1%2.2%2.4%
Call IV 25d36.0%28.8%44.2%41.5%43.9%
Put IV 25d37.2%29.7%44.3%42.5%44.0%
Bid-Ask Spread %166.16148.14171.40148.66168.51
Gamma HHI1.001.001.001.001.00
Net GEX-56-6300-63
Net DEX69408560797
Net VEX-6-700-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0450110
Total OI0.9550101

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$34.59$0.0034.0%9.8%9.1%17.9%0.0%1.0%-8.5%0000.00148.660100
2024-04-02$34.39$0.0034.8%10.0%9.6%18.9%0.0%0.4%-10.8%-51589-60.00148.330001
2024-04-03$34.20$0.0035.5%10.2%9.6%19.7%0.0%0.1%-12.8%-52597-60.00148.140001
2024-04-04$33.88$0.0035.0%6.9%9.8%19.2%0.0%0.4%-4.5%-55635-60.00171.400001
2024-04-05$34.02$0.0034.8%6.9%9.8%18.9%0.0%1.8%-4.7%-54636-60.00169.660001
2024-04-08$34.06$0.0038.7%7.1%9.8%23.6%0.0%1.2%-5.5%-54624-60.00170.180001
2024-04-09$34.08$0.0040.6%7.2%9.6%25.9%0.0%1.3%-5.7%-54612-60.00170.010001
2024-04-10$33.74$0.0025.3%7.3%10.3%7.3%0.0%1.5%-6.0%-56682-60.00169.250001
2024-04-11$33.65$0.0025.7%7.4%10.2%7.7%0.0%1.9%-6.1%-57687-60.00170.060001
2024-04-12$33.09$0.0027.0%7.7%11.3%9.3%0.0%1.3%-7.1%-61777-70.00167.320001
2024-04-15$32.86$0.0027.1%7.8%11.4%9.4%0.0%1.0%-7.5%-63818-70.00165.010001
2024-04-16$32.80$0.0028.5%8.2%11.3%11.1%0.0%2.1%-7.2%-62841-70.00168.570001
2024-04-17$32.72$0.0028.6%8.2%11.2%11.3%0.0%1.6%-7.8%-63851-70.00168.250001
2024-04-18$32.72$0.0028.8%8.3%10.7%11.5%0.0%1.6%17.4%-63856-70.00168.660001
2024-04-19$32.98$0.0029.2%8.4%10.8%12.1%0.0%1.9%-6.7%-61801-70.00169.020001
2024-04-22$33.28$0.0030.0%8.6%11.4%13.0%0.0%1.9%-6.3%-60733-70.00167.190001
2024-04-23$33.30$0.0031.3%9.0%11.4%14.6%0.0%1.7%-7.7%-60740-70.00170.060001
2024-04-24$33.34$0.0030.5%8.7%11.4%13.6%0.0%1.4%-7.2%-60725-70.00168.300001
2024-04-25$33.19$0.0031.7%9.1%10.3%15.0%0.0%0.7%-8.0%-61757-70.00169.000001
2024-04-26$33.15$0.0031.6%9.1%9.6%15.0%0.0%0.7%-8.8%-61767-70.00169.870001
2024-04-29$33.28$0.0034.1%9.8%9.8%18.0%0.0%1.3%-9.3%-61739-70.00170.100001
2024-04-30$32.93$0.0034.4%9.9%10.2%18.4%0.0%0.1%-11.7%-63797-70.00168.510001