AAXJ Options History — April 2024

In April 2024, AAXJ traded between $65.40 and $68.88. ATM implied volatility averaged 16.0%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 3.8% (HV 20d: 12.2%). Max pain ranged from $67.00 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2024-04-17: Highest Volume — 3 contracts
  • 2024-04-03: Largest IV spike — 127.6% change
  • 2024-04-03: Highest IV Rank — 37.6%
  • 2024-04-03: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.43$65.40$68.88$68.06$68.22
Max Pain$69.05$67.00$70.00$68.00$70.00
ATM IV16.0%10.9%29.5%15.2%13.1%
Expected Move4.6%3.1%8.5%4.4%3.7%
HV 20d12.2%8.5%15.5%11.4%15.5%
HV 60d14.4%13.9%15.0%15.0%14.3%
IV Rank10.5%0.3%37.6%8.9%4.6%
IV Percentile31.2%0.4%94.8%24.6%4.4%
Term Structure1.2%-30.5%12.6%-1.0%2.8%
VWIV13.2%12.0%14.5%14.5%12.0%
Skew 25d1.4%-4.8%8.6%1.1%3.2%
Skew 10d-0.1%-21.2%19.4%-21.2%2.2%
Call IV 25d13.8%10.3%26.1%13.6%12.1%
Put IV 25d15.2%9.0%34.8%14.7%15.3%
Bid-Ask Spread %114.56107.77121.92116.70118.05
Gamma HHI0.510.330.730.390.53
Net GEX14.5K9.9K18.1K15.8K14.0K
Net DEX-184.7K-223.8K-132.3K-207.0K-195.4K
Net VEX-814-872-761-852-769
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.500.000.00
Total Volume0.6820320
Total OI54.63650585451

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$68.06$68.0015.2%4.4%11.4%8.9%0.0%1.1%-1.0%15.8K-207.0K-8520.00116.70N/AN/A20540
2024-04-02$68.28$68.0013.0%3.7%11.4%4.4%0.0%-1.8%1.6%17.7K-217.5K-8650.00116.18N/AN/A00560
2024-04-03$68.25$68.0029.5%8.5%10.4%37.6%0.0%-4.8%-30.5%15.3K-218.5K-8720.00117.67N/AN/A00560
2024-04-04$67.91$70.0014.3%4.7%8.8%7.2%0.0%-2.0%2.8%17.2K-206.8K-8560.00108.56N/AN/A01560
2024-04-05$67.97$70.0014.7%4.2%8.5%7.9%0.0%2.3%0.9%16.3K-202.1K-8590.00107.77N/AN/A00561
2024-04-08$68.34$70.0018.3%4.2%8.7%15.0%0.0%2.8%2.0%16.7K-213.5K-8490.00111.03N/AN/A00561
2024-04-09$68.75$70.0013.3%4.1%8.8%5.0%0.0%2.5%3.1%16.6K-223.8K-8350.00112.71N/AN/A00561
2024-04-10$67.84$70.0014.6%4.2%9.1%7.8%0.0%2.4%1.4%16.1K-192.8K-8350.00110.69N/AN/A00561
2024-04-11$68.47$70.0021.0%6.0%9.6%20.5%0.0%0.8%1.1%18.1K-213.2K-8420.00113.44N/AN/A00561
2024-04-12$66.77$70.0023.9%6.8%13.0%26.3%0.0%-4.0%1.3%13.3K-164.3K-8290.00121.92N/AN/A00561
2024-04-15$66.31$70.0015.0%4.3%13.1%8.6%0.0%3.8%12.6%12.6K-151.6K-8090.00113.49N/AN/A01561
2024-04-16$65.68$70.0015.7%4.5%13.3%10.0%0.0%2.4%0.9%12.7K-144.0K-8100.00115.20N/AN/A00562
2024-04-17$65.62$70.0015.7%4.5%13.2%9.9%0.0%2.0%1.9%13.0K-141.7K-7950.50110.48N/AN/A21561
2024-04-18$65.94$70.0020.4%5.8%12.8%19.3%0.0%8.6%7.1%9.9K-143.0K-7860.00113.24N/AN/A30561
2024-04-19$65.40$70.0015.6%4.5%12.9%9.7%14.5%4.7%3.4%11.7K-132.3K-7610.00113.64N/AN/A20561
2024-04-22$66.35$67.0014.3%4.1%13.9%7.0%0.0%3.8%1.8%12.6K-153.2K-7880.00115.01N/AN/A00500
2024-04-23$66.94$67.0015.3%4.4%14.3%9.0%0.0%-0.6%2.4%13.0K-167.5K-7910.00113.26N/AN/A00500
2024-04-24$67.38$67.0012.3%3.5%14.5%3.2%0.0%4.0%3.8%13.0K-178.2K-7910.00117.10N/AN/A00500
2024-04-25$67.66$67.0012.6%3.6%14.6%3.6%0.0%1.1%4.3%13.6K-184.7K-7860.00117.08N/AN/A00500
2024-04-26$68.35$67.0013.6%3.9%15.0%5.7%12.0%1.3%-1.3%14.1K-200.6K-7730.00118.15N/AN/A30500
2024-04-29$68.88$70.0010.9%3.1%15.1%0.3%0.0%-2.5%3.2%15.3K-212.7K-7630.00118.94N/AN/A00510
2024-04-30$68.22$70.0013.1%3.7%15.5%4.6%0.0%3.2%2.8%14.0K-195.4K-7690.00118.05N/AN/A00510