AAXJ Options History — January 2021

In January 2021, AAXJ traded between $90.45 and $98.99. ATM implied volatility averaged 20.9%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 2.7% (HV 20d: 18.2%). Max pain ranged from $86.00 to $94.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.18.

Notable Days

  • 2021-01-12: Highest Volume — 121 contracts
  • 2021-01-11: Largest IV spike — 37.7% change
  • 2021-01-29: Highest IV Rank — 18.6%
  • 2021-01-29: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.34$90.45$98.99$90.45$93.41
Max Pain$91.00$86.00$94.00$86.00$94.00
ATM IV20.9%15.8%26.5%21.2%26.5%
Expected Move6.0%5.3%7.6%5.6%7.6%
HV 20d18.2%14.0%23.6%14.0%23.6%
HV 60d17.3%15.8%18.9%15.8%18.9%
IV Rank11.0%4.7%18.6%12.6%18.6%
IV Percentile49.2%5.6%74.2%56.0%74.2%
Term Structure0.7%-0.9%3.3%-0.6%-0.9%
VWIV22.4%18.2%29.5%19.2%29.5%
Skew 25d4.7%2.2%7.1%5.3%7.0%
Skew 10d13.0%6.5%18.2%12.3%10.4%
Call IV 25d19.2%16.5%24.5%17.6%22.4%
Put IV 25d23.9%21.3%29.4%22.9%29.4%
Bid-Ask Spread %68.7352.1485.5555.8077.59
Gamma HHI0.170.110.260.120.11
Net GEX62.4K10.4K100.9K10.4K29.4K
Net DEX-2.1M-3.4M-1.1M-1.1M-2.0M
Net VEX-10.9K-17.0K-7.4K-8.2K-17.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.005.180.001.94
Total Volume36.26311211250
Total OI973.9477891,2767891,276

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$90.45$86.0021.2%5.6%14.0%12.6%0.0%5.3%-0.6%10.4K-1.1M-8.2K0.0055.80N/AN/A120340449
2021-01-05$92.56$86.0019.4%5.3%15.7%9.9%19.2%6.0%-0.9%22.7K-1.3M-7.4K0.1555.50N/AN/A274349449
2021-01-06$91.74$86.0020.1%5.5%16.1%11.0%28.1%4.6%1.2%41.9K-1.4M-8.2K0.0067.54N/AN/A01371452
2021-01-07$92.63$86.0015.8%5.5%16.3%4.7%22.5%4.9%-0.5%55.1K-1.6M-8.0K3.0066.40N/AN/A721374453
2021-01-08$95.03$90.0015.9%5.4%17.7%4.9%20.5%3.8%0.7%68.1K-1.9M-8.0K0.6364.61N/AN/A85380474
2021-01-11$94.10$90.0021.9%5.7%18.2%13.6%0.0%4.1%-0.0%64.8K-1.7M-7.7K0.0062.03N/AN/A110384476
2021-01-12$94.80$90.0021.2%5.8%17.7%11.0%23.5%4.6%0.6%75.9K-1.9M-8.5K0.5363.22N/AN/A7942386476
2021-01-13$95.24$90.0020.1%5.8%16.9%9.4%20.7%4.0%0.8%93.1K-2.0M-9.9K4.2965.52N/AN/A730448516
2021-01-14$95.92$93.0019.8%5.7%16.9%9.0%18.2%3.9%1.3%78.5K-2.2M-9.6K0.0076.67N/AN/A250448546
2021-01-15$94.78$93.0020.2%5.8%17.9%9.6%0.0%5.2%0.2%86.7K-1.8M-10.1K0.0474.66N/AN/A713451546
2021-01-19$96.58$93.0020.3%5.8%18.7%9.6%23.9%4.4%2.1%53.8K-1.9M-9.8K5.1852.14N/AN/A1157408448
2021-01-20$98.56$93.0019.7%5.7%19.2%8.6%19.9%3.8%1.4%53.8K-2.2M-9.9K0.2170.73N/AN/A245410505
2021-01-21$98.99$93.0020.0%5.7%18.5%9.0%20.3%4.1%0.6%68.0K-2.4M-9.5K0.0075.06N/AN/A60428507
2021-01-22$98.19$93.0021.1%6.0%18.4%10.6%19.0%7.1%0.4%56.3K-2.2M-9.9K0.1170.32N/AN/A91428507
2021-01-25$98.92$93.0023.4%6.7%18.3%14.1%22.5%3.4%1.1%86.8K-3.4M-15.8K0.1867.61N/AN/A7113621508
2021-01-26$98.06$93.0023.2%6.6%18.6%13.7%23.0%6.0%0.5%100.9K-3.3M-16.1K0.0070.06N/AN/A120688520
2021-01-27$95.51$93.0023.7%6.8%21.9%14.6%25.7%2.2%3.3%84.5K-2.8M-16.4K4.5085.55N/AN/A1254695520
2021-01-28$95.95$94.0023.6%6.8%21.6%14.4%0.0%4.1%1.7%55.2K-2.7M-16.6K0.5784.79N/AN/A74695573
2021-01-29$93.41$94.0026.5%7.6%23.6%18.6%29.5%7.0%-0.9%29.4K-2.0M-17.0K1.9477.59N/AN/A1733702574