AAXJ Options History — April 2021

In April 2021, AAXJ traded between $92.34 and $95.45. ATM implied volatility averaged 16.8%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 1.3% (HV 20d: 18.0%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2021-04-13: Highest Volume — 894 contracts
  • 2021-04-12: Largest IV spike — 20.9% change
  • 2021-04-12: Highest IV Rank — 19.1%
  • 2021-04-12: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.86$92.34$95.45$93.71$93.54
Max Pain$98.33$95.00$105.00$95.00$95.00
ATM IV16.8%15.2%18.6%16.0%16.7%
Expected Move4.9%4.6%5.2%4.6%4.8%
HV 20d18.0%12.9%25.1%25.1%14.1%
HV 60d22.3%20.0%23.4%23.4%20.2%
IV Rank11.7%4.6%19.1%4.6%12.9%
IV Percentile9.4%0.4%26.6%2.4%8.3%
Term Structure0.8%0.2%1.5%0.2%0.8%
VWIV22.3%15.2%30.5%28.4%15.2%
Skew 25d3.4%2.5%3.9%2.5%2.6%
Skew 10d9.0%6.5%12.9%10.0%10.1%
Call IV 25d15.7%14.5%16.8%15.3%15.7%
Put IV 25d19.1%17.8%20.4%17.8%18.3%
Bid-Ask Spread %70.3764.9082.3982.3973.14
Gamma HHI0.220.150.540.180.15
Net GEX89.4K-32.9K554.5K29.0K2.6K
Net DEX-1.4M-2.0M-876.8K-1.3M-1.3M
Net VEX-15.7K-19.1K-13.3K-17.2K-19.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.002.090.001.00
Total Volume58.238089422
Total OI1,348.3331,2581,5511,2801,551

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$93.71$95.0016.0%4.6%25.1%4.6%0.0%2.5%0.2%29.0K-1.3M-17.2K0.0082.39N/AN/A02547733
2021-04-05$94.01$105.0018.6%5.1%24.9%12.8%0.0%3.7%0.2%29.7K-1.4M-16.7K0.0068.11N/AN/A20547733
2021-04-06$94.74$105.0016.6%4.9%22.6%9.6%28.4%3.9%0.9%137.3K-2.0M-16.4K0.2569.87N/AN/A41624733
2021-04-07$92.88$105.0016.9%4.9%22.5%10.6%0.0%3.9%0.8%123.8K-1.4M-17.0K0.0068.74N/AN/A80626734
2021-04-08$94.02$105.0015.8%4.8%22.8%6.8%0.0%3.5%1.0%159.5K-1.7M-17.0K0.0072.58N/AN/A00625734
2021-04-09$93.17$105.0015.2%4.9%19.9%5.4%0.0%3.5%1.1%152.5K-1.4M-16.6K0.0068.32N/AN/A20625734
2021-04-12$92.34$105.0018.4%5.2%18.9%19.1%0.0%3.6%0.9%116.0K-1.0M-16.7K0.0066.85N/AN/A01621734
2021-04-13$92.87$105.0016.2%5.0%19.0%9.8%17.2%3.5%1.1%159.7K-1.2M-16.0K2.0969.42N/AN/A289605621735
2021-04-14$93.24$95.0017.5%5.0%18.9%15.3%0.0%3.6%0.8%194.4K-1.4M-15.3K0.0067.32N/AN/A10631734
2021-04-15$93.95$95.0016.5%4.7%19.1%11.2%30.5%3.0%1.1%340.2K-1.8M-14.8K0.0076.18N/AN/A01632734
2021-04-16$94.16$95.0016.6%4.8%18.2%11.7%0.0%3.1%0.5%554.5K-2.0M-14.5K0.0076.65N/AN/A00632735
2021-04-19$93.67$95.0017.2%4.9%17.9%14.1%17.5%3.3%0.5%37.3K-1.6M-14.0K0.0069.46N/AN/A077538720
2021-04-20$93.24$95.0018.0%5.2%18.0%17.4%0.0%3.5%0.9%-26.5K-876.8K-16.0K0.0064.90N/AN/A40538795
2021-04-21$93.62$95.0016.9%4.8%16.5%12.7%0.0%3.4%0.8%-32.9K-1.1M-14.5K1.0067.11N/AN/A11541795
2021-04-22$93.30$95.0018.0%5.1%13.9%18.7%0.0%3.9%0.7%-22.5K-1.0M-15.4K0.0069.48N/AN/A00542794
2021-04-23$94.63$95.0016.0%4.6%14.6%9.8%25.3%3.4%1.5%-17.6K-1.3M-15.3K1.0067.17N/AN/A22542794
2021-04-26$94.69$95.0016.6%4.8%13.1%12.4%15.2%3.2%0.8%-18.1K-1.4M-14.4K1.0066.66N/AN/A22543795
2021-04-27$94.78$95.0016.2%4.6%12.9%10.4%0.0%3.3%1.1%-14.4K-1.4M-14.9K0.0071.82N/AN/A00544797
2021-04-28$95.45$95.0016.0%4.6%13.0%9.6%0.0%3.5%0.9%-7.6K-1.6M-14.6K0.0072.46N/AN/A40544797
2021-04-29$95.09$95.0016.1%4.6%13.1%10.2%0.0%3.1%0.7%-20.2K-1.6M-13.3K0.0069.15N/AN/A2100544797
2021-04-30$93.54$95.0016.7%4.8%14.1%12.9%0.0%2.6%0.8%2.6K-1.3M-19.1K1.0073.14N/AN/A11754797