AAXJ Options History — February 2022

In February 2022, AAXJ traded between $77.99 and $83.24. ATM implied volatility averaged 20.8%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 0.7% (HV 20d: 21.5%). Max pain ranged from $81.00 to $82.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 21.43.

Notable Days

  • 2022-02-11: Highest Volume — 2,466 contracts
  • 2022-02-11: Largest IV spike — 23.6% change
  • 2022-02-28: Highest IV Rank — 95.4%
  • 2022-02-28: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.13$77.99$83.24$81.94$78.66
Max Pain$81.68$81.00$82.00$81.00$81.00
ATM IV20.8%16.7%28.0%18.5%28.0%
Expected Move6.0%4.8%8.0%5.3%8.0%
HV 20d21.5%20.6%22.5%22.5%21.4%
HV 60d18.8%18.2%19.6%18.4%19.3%
IV Rank52.0%27.0%95.4%38.2%95.4%
IV Percentile75.0%40.1%99.6%64.3%99.6%
Term Structure-0.2%-3.2%2.1%-0.0%-3.2%
VWIV23.4%16.5%35.9%18.7%35.9%
Skew 25d5.3%3.9%7.0%4.3%6.6%
Skew 10d9.8%4.1%14.6%13.4%12.7%
Call IV 25d18.1%14.7%24.7%16.5%24.7%
Put IV 25d23.4%19.5%31.3%20.8%31.3%
Bid-Ask Spread %79.4170.2099.8674.6684.31
Gamma HHI0.470.190.810.610.74
Net GEX-111.5K-373.7K35.3K-170.1K-255.9K
Net DEX502.3K-227.1K1.3M569.0K1.2M
Net VEX-5.3K-8.9K-3.3K-4.3K-6.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio21.4314.8732.2431.3614.97
Total Volume2,427.5262,3932,4662,3952,459
Total OI2,505.8422,4372,5602,4372,492

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$81.94$81.0018.5%5.3%22.5%38.2%18.7%4.3%-0.0%-170.1K569.0K-4.3K31.3674.66N/AN/A742,3211062,331
2022-02-02$82.01$81.0017.5%5.0%22.5%32.0%18.9%4.8%0.9%-84.6K452.2K-3.7K32.2470.20N/AN/A722,3211072,331
2022-02-03$81.08$82.0020.3%5.8%22.1%49.2%16.7%5.6%0.0%-173.2K952.5K-6.4K30.5473.67N/AN/A762,3211062,331
2022-02-04$81.60$82.0017.8%5.3%22.2%34.0%16.8%5.0%2.0%-128.3K671.1K-5.5K30.5474.45N/AN/A762,3211102,331
2022-02-07$81.31$82.0019.3%5.5%21.9%43.1%16.6%4.9%1.1%-94.4K510.1K-4.0K22.4476.53N/AN/A1032,3111102,331
2022-02-08$81.84$82.0017.3%5.1%22.0%30.7%16.5%5.0%1.8%-63.2K364.6K-4.2K15.0177.76N/AN/A1542,3111422,321
2022-02-09$83.24$82.0016.7%4.8%21.4%27.0%16.7%4.8%2.1%29.6K-205.1K-3.3K15.8375.70N/AN/A1462,3112072,321
2022-02-10$82.62$82.0018.0%5.2%20.6%35.1%17.1%4.8%1.2%16.4K-181.2K-4.4K15.0173.72N/AN/A1542,3112332,321
2022-02-11$81.38$82.0022.3%6.4%20.8%60.7%30.0%5.6%-1.7%-136.6K771.2K-8.9K14.9177.43N/AN/A1552,3112342,321
2022-02-14$80.71$82.0022.1%6.3%20.9%59.6%31.3%5.7%-1.2%-108.1K571.9K-6.6K18.6479.16N/AN/A1242,3112342,321
2022-02-15$82.21$82.0020.1%5.8%21.4%47.9%33.1%6.1%-0.1%-82.8K473.0K-7.6K18.9473.20N/AN/A1222,3112322,321
2022-02-16$82.80$82.0018.4%5.3%21.5%37.6%18.3%5.8%1.3%35.3K-227.1K-3.7K18.9478.40N/AN/A1222,3112332,321
2022-02-17$82.13$82.0020.4%5.9%21.4%49.8%19.1%6.7%-0.6%-25.3K40.7K-4.8K22.4478.27N/AN/A1032,3112332,321
2022-02-18$81.48$82.0021.3%6.1%20.8%55.3%31.7%7.0%-0.6%-72.8K384.7K-5.8K23.1476.86N/AN/A1002,3142392,321
2022-02-22$80.11$82.0023.3%6.7%20.9%67.1%19.5%5.7%-1.7%-71.9K395.2K-4.4K24.4984.07N/AN/A942,3022202,310
2022-02-23$79.20$81.0024.7%7.1%21.2%75.3%31.4%4.2%-1.6%-149.8K683.8K-5.1K25.3288.28N/AN/A912,3042132,301
2022-02-24$77.99$81.0026.2%7.5%21.2%84.5%22.3%4.7%-2.4%-373.7K1.3M-6.4K17.5999.86N/AN/A1312,3042102,303
2022-02-25$79.15$81.0022.9%6.6%21.3%64.8%33.6%3.9%-0.7%-209.3K793.4K-4.9K14.8792.33N/AN/A1552,3051892,303
2022-02-28$78.66$81.0028.0%8.0%21.4%95.4%35.9%6.6%-3.2%-255.9K1.2M-6.4K14.9784.31N/AN/A1542,3051892,303