AAXJ Options History — August 2024

In August 2024, AAXJ traded between $67.97 and $73.62. ATM implied volatility averaged 14.4%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 6.2% (HV 20d: 20.6%). Max pain ranged from $67.00 to $72.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.20.

Notable Days

2024-08-02: Highest Volume — 4 contracts
2024-08-09: Largest IV spike — 41.9% change
2024-08-09: Highest IV Rank — 65.5%
2024-08-05: Largest Expected Move — 5.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$71.65	$67.97	$73.62	$71.00	$72.94
Max Pain	$67.45	$67.00	$72.00	$72.00	$67.00
ATM IV	14.4%	9.5%	24.6%	12.4%	10.0%
Expected Move	3.6%	2.7%	5.7%	3.5%	2.9%
HV 20d	20.6%	17.2%	22.2%	17.2%	18.0%
HV 60d	15.9%	14.0%	16.7%	14.0%	15.7%
IV Rank	24.7%	4.9%	65.5%	16.4%	6.8%
IV Percentile	37.8%	1.6%	98.4%	18.3%	4.0%
Term Structure	1.9%	-5.2%	11.4%	-2.2%	0.8%
VWIV	18.0%	7.8%	41.3%	16.0%	12.9%
Skew 25d	0.5%	-7.0%	4.5%	0.4%	0.7%
Skew 10d	-1.8%	-21.4%	5.1%	5.1%	0.8%
Call IV 25d	13.0%	8.7%	30.1%	13.4%	10.2%
Put IV 25d	13.5%	10.4%	23.1%	13.8%	10.9%
Bid-Ask Spread %	119.38	109.63	132.77	129.93	121.05
Gamma HHI	0.40	0.21	0.65	0.41	0.28
Net GEX	11.9K	6.8K	17.6K	15.7K	8.6K
Net DEX	-305.4K	-358.7K	-187.3K	-279.5K	-358.1K
Net VEX	-238	-471	-88	-340	-88
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	1.00	0.00	0.00
Total Volume	0.955	0	4	0	0
Total OI	57.045	54	60	60	58

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-08-01	$71.00	$72.00	12.4%	3.5%	17.2%	16.4%	0.0%	0.4%	-2.2%	15.7K	-279.5K	-340	0.00	129.93	N/A	N/A	0	0	59	1
2024-08-02	$69.94	$72.00	15.5%	4.4%	17.7%	29.0%	16.0%	4.5%	1.5%	16.6K	-256.7K	-401	0.00	132.77	N/A	N/A	4	0	59	1
2024-08-05	$67.97	$67.00	20.7%	5.7%	19.9%	49.6%	14.9%	3.3%	-4.8%	14.8K	-187.3K	-467	0.50	118.28	N/A	N/A	2	1	55	1
2024-08-06	$68.50	$67.00	24.2%	5.0%	20.1%	63.9%	0.0%	2.8%	2.2%	16.6K	-210.5K	-471	0.00	127.02	N/A	N/A	0	0	57	0
2024-08-07	$68.93	$67.00	19.1%	4.8%	20.1%	43.2%	0.0%	-5.1%	7.2%	17.6K	-223.2K	-431	0.50	109.63	N/A	N/A	2	1	57	0
2024-08-08	$70.31	$67.00	17.4%	3.8%	21.5%	36.4%	20.0%	-1.5%	6.1%	15.8K	-257.9K	-412	0.00	119.28	N/A	N/A	2	0	57	1
2024-08-09	$70.63	$67.00	24.6%	3.3%	21.5%	65.5%	0.0%	0.1%	7.5%	14.5K	-270.1K	-343	0.00	113.73	N/A	N/A	1	0	56	1
2024-08-12	$70.88	$67.00	22.7%	3.5%	21.3%	57.8%	0.0%	-2.7%	7.0%	13.9K	-268.0K	-358	0.00	118.27	N/A	N/A	0	0	56	1
2024-08-13	$71.70	$67.00	17.6%	4.2%	21.7%	37.4%	0.0%	1.0%	3.0%	13.3K	-299.3K	-281	0.00	114.37	N/A	N/A	0	0	56	1
2024-08-14	$71.15	$67.00	11.4%	3.3%	21.2%	12.5%	0.0%	1.5%	6.5%	14.5K	-291.6K	-275	0.00	116.33	N/A	N/A	0	0	56	1
2024-08-15	$72.00	$67.00	11.0%	3.2%	21.5%	11.0%	41.3%	1.0%	11.4%	9.5K	-331.3K	-122	0.00	119.64	N/A	N/A	2	0	56	1
2024-08-16	$72.81	$67.00	10.5%	3.0%	21.4%	8.9%	7.8%	2.0%	5.7%	7.0K	-344.4K	-90	1.00	117.43	N/A	N/A	1	1	56	1
2024-08-19	$73.53	$67.00	10.7%	3.1%	21.6%	9.8%	12.8%	2.2%	-2.8%	6.8K	-349.6K	-110	0.00	116.61	N/A	N/A	1	0	53	1
2024-08-20	$73.00	$67.00	9.5%	2.7%	21.4%	4.9%	0.0%	1.1%	-1.0%	7.1K	-349.4K	-95	0.00	120.24	N/A	N/A	0	0	54	1
2024-08-21	$73.28	$67.00	9.7%	2.8%	20.8%	5.8%	12.9%	1.3%	0.0%	8.2K	-348.5K	-128	0.00	117.26	N/A	N/A	2	0	54	1
2024-08-22	$72.41	$67.00	10.3%	2.9%	21.3%	8.1%	0.0%	0.9%	4.5%	12.6K	-332.2K	-194	0.00	115.41	N/A	N/A	0	0	56	1
2024-08-23	$73.62	$67.00	12.0%	3.4%	21.8%	14.9%	0.0%	1.3%	-5.2%	9.7K	-358.7K	-142	0.00	117.33	N/A	N/A	0	0	56	1
2024-08-26	$72.95	$67.00	15.7%	4.5%	22.2%	29.8%	0.0%	-7.0%	-4.8%	10.8K	-345.8K	-158	0.00	123.08	N/A	N/A	0	0	56	1
2024-08-27	$73.16	$67.00	11.1%	3.2%	22.0%	11.3%	0.0%	-0.1%	-1.0%	8.3K	-358.3K	-93	0.00	120.54	N/A	N/A	0	0	56	1
2024-08-28	$72.68	$67.00	10.7%	3.1%	20.4%	9.9%	0.0%	1.5%	-0.7%	11.0K	-342.7K	-142	0.00	118.74	N/A	N/A	1	0	56	1
2024-08-29	$72.82	$67.00	10.8%	3.1%	19.0%	10.1%	0.0%	0.9%	-0.0%	9.0K	-355.3K	-97	0.00	119.45	N/A	N/A	0	0	57	1
2024-08-30	$72.94	$67.00	10.0%	2.9%	18.0%	6.8%	0.0%	0.7%	0.8%	8.6K	-358.1K	-88	0.00	121.05	N/A	N/A	0	0	57	1