AAXJ Options History — July 2023

In July 2023, AAXJ traded between $65.37 and $70.59. ATM implied volatility averaged 16.9%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded below realized volatility by 0.9% (HV 20d: 17.8%). Max pain ranged from $65.79 to $68.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-12: Highest Volume — 12 contracts
  • 2023-07-19: Largest IV spike — 36.5% change
  • 2023-07-12: Highest IV Rank — 16.7%
  • 2023-07-12: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.08$65.37$70.59$67.23$70.59
Max Pain$67.78$65.79$68.00$65.79$68.00
ATM IV16.9%13.5%19.1%17.5%17.9%
Expected Move4.8%3.9%5.5%5.0%5.1%
HV 20d17.8%15.6%19.4%15.6%19.0%
HV 60d16.9%16.1%17.6%16.1%17.6%
IV Rank12.3%5.5%16.7%13.5%14.4%
IV Percentile17.0%2.4%29.4%16.7%25.8%
Term Structure0.4%-4.7%7.7%-0.3%0.4%
VWIV17.4%16.0%18.9%16.0%18.9%
Skew 25d-0.5%-17.9%5.3%0.9%1.1%
Skew 10d1.6%-9.7%10.1%-4.4%3.8%
Call IV 25d17.2%11.1%36.0%16.5%17.6%
Put IV 25d16.7%11.6%18.9%17.4%18.7%
Bid-Ask Spread %97.7470.58124.2088.7777.46
Gamma HHI0.200.170.260.170.23
Net GEX4.3K2.0K7.8K4.4K3.5K
Net DEX-26.6K-44.3K-6.3K-22.5K-40.8K
Net VEX-134-173-86-121-137
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.101201
Total OI22.4518252418

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$67.23$65.7917.5%5.0%15.6%13.5%0.0%0.9%-0.3%4.4K-22.5K-1210.0088.77N/AN/A00177
2023-07-05$66.75$65.7917.8%5.1%15.7%14.2%0.0%0.1%-0.6%3.7K-17.6K-1110.0099.52N/AN/A00177
2023-07-06$65.37$68.0017.9%5.0%17.0%14.3%0.0%0.8%-2.5%2.0K-6.3K-860.0084.97N/AN/A00177
2023-07-07$66.15$68.0017.2%4.8%17.2%13.0%0.0%0.8%0.1%2.7K-12.9K-1010.0087.50N/AN/A04177
2023-07-10$66.13$68.0018.2%5.1%17.0%15.0%0.0%4.3%0.8%3.2K-11.3K-1000.0085.18N/AN/A00177
2023-07-11$66.88$68.0017.5%4.6%17.5%13.4%0.0%1.8%-4.7%3.9K-13.6K-970.00100.72N/AN/A00177
2023-07-12$68.32$68.0019.1%5.5%19.1%16.7%0.0%0.6%-1.2%6.2K-28.4K-1270.0098.31N/AN/A120177
2023-07-13$69.28$68.0016.0%4.6%19.4%10.6%0.0%-2.2%-4.3%7.8K-44.3K-1680.00111.00N/AN/A10177
2023-07-14$68.87$68.0014.9%4.3%19.4%8.3%16.0%0.1%1.8%7.0K-41.6K-1730.00109.70N/AN/A30177
2023-07-17$68.87$68.0016.1%4.6%19.2%10.8%0.0%-0.7%3.2%6.8K-34.9K-1610.0097.72N/AN/A00187
2023-07-18$68.27$68.0013.5%3.9%19.4%5.6%0.0%5.3%7.7%5.1K-28.6K-1520.00108.09N/AN/A10187
2023-07-19$68.19$68.0018.4%5.3%17.5%15.4%0.0%0.8%4.0%5.3K-29.2K-1570.0094.08N/AN/A00187
2023-07-20$67.57$68.0015.0%4.3%17.7%8.6%0.0%3.6%2.9%4.0K-24.0K-1440.00118.30N/AN/A00187
2023-07-21$67.44$68.0016.3%4.7%17.7%11.0%0.0%-1.4%-2.5%4.1K-21.5K-1370.00120.02N/AN/A00187
2023-07-24$68.34$68.0013.5%3.9%17.0%5.5%0.0%-17.9%5.0%2.9K-22.7K-1390.00124.20N/AN/A00117
2023-07-25$69.00$68.0017.8%5.1%17.2%14.2%0.0%-13.0%-1.6%3.4K-31.4K-1410.00122.99N/AN/A00117
2023-07-26$69.38$68.0018.4%5.3%16.9%15.3%0.0%2.4%-0.9%3.4K-32.8K-1440.0078.46N/AN/A00117
2023-07-27$68.56$68.0017.2%4.9%17.4%13.0%0.0%1.2%0.4%3.3K-28.1K-1390.0077.13N/AN/A00117
2023-07-28$70.44$68.0017.2%4.9%19.1%13.0%0.0%1.1%0.9%3.4K-39.8K-1420.0070.58N/AN/A00117
2023-07-31$70.59$68.0017.9%5.1%19.0%14.4%18.9%1.1%0.4%3.5K-40.8K-1370.0077.46N/AN/A10117