AAXJ Options History — November 2024

In November 2024, AAXJ traded between $73.38 and $78.60. ATM implied volatility averaged 21.2%, placing in the 60.8% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 2.5% (HV 20d: 18.7%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 2.00.

Notable Days

2024-11-08: Highest Volume — 10 contracts
2024-11-15: Largest IV drop — 42.7% change
2024-11-29: Highest IV Rank — 96.8%
2024-11-29: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.02	$73.38	$78.60	$76.30	$74.25
Max Pain	$79.75	$75.00	$80.00	$75.00	$80.00
ATM IV	21.2%	13.8%	28.8%	18.4%	28.8%
Expected Move	6.5%	4.0%	8.3%	5.3%	8.3%
HV 20d	18.7%	14.5%	20.4%	19.6%	18.9%
HV 60d	22.1%	20.9%	22.7%	20.9%	22.0%
IV Rank	60.8%	26.2%	96.8%	47.5%	96.8%
IV Percentile	90.6%	43.7%	99.6%	89.7%	99.6%
Term Structure	0.2%	-9.8%	9.9%	3.6%	-7.5%
VWIV	20.0%	18.2%	22.8%	21.8%	18.2%
Skew 25d	21.2%	1.5%	34.8%	1.5%	32.7%
Skew 10d	15.2%	-10.3%	37.7%	-10.3%	19.4%
Call IV 25d	15.0%	12.3%	23.0%	17.3%	15.1%
Put IV 25d	36.3%	18.1%	47.8%	18.8%	47.8%
Bid-Ask Spread %	124.85	114.31	132.64	123.77	126.35
Gamma HHI	0.30	0.23	0.43	0.36	0.27
Net GEX	-11.4K	-19.6K	-5.5K	-14.4K	-8.6K
Net DEX	153.7K	-32.5K	258.5K	92.6K	187.7K
Net VEX	-1.8K	-1.9K	-1.7K	-1.9K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.00	0.00	9.00	0.00	0.00
Total Volume	2.15	0	10	6	0
Total OI	174.4	159	185	159	178

Daily Data (20 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
2024-11-01	$76.30	$75.00	18.4%	5.3%	19.6%	47.5%	0.0%	1.5%	3.6%	-14.4K	92.6K	-1.9K	0.00	123.77	N/A	N/A	0	6	71	88
2024-11-04	$76.62	$80.00	19.7%	7.0%	18.9%	53.7%	0.0%	11.1%	-3.6%	-13.7K	93.0K	-1.8K	0.00	115.28	N/A	N/A	1	0	71	94
2024-11-05	$77.70	$80.00	19.1%	6.4%	14.5%	51.1%	21.8%	9.1%	0.5%	-14.7K	-4.4K	-1.9K	0.00	114.31	N/A	N/A	3	0	71	94
2024-11-06	$76.56	$80.00	16.8%	7.5%	15.3%	40.1%	0.0%	16.1%	-5.8%	-11.6K	86.4K	-1.9K	0.00	118.41	N/A	N/A	0	1	72	94
2024-11-07	$78.60	$80.00	17.4%	6.1%	18.2%	42.9%	0.0%	13.3%	-2.6%	-19.6K	-32.5K	-1.8K	0.00	114.67	N/A	N/A	0	2	72	95
2024-11-08	$76.47	$80.00	16.7%	6.6%	20.4%	39.6%	18.5%	4.1%	-2.0%	-16.9K	84.5K	-1.8K	9.00	118.32	N/A	N/A	1	9	72	97
2024-11-11	$75.93	$80.00	20.9%	6.9%	20.4%	59.6%	19.0%	14.5%	-9.8%	-14.2K	146.9K	-1.9K	1.00	120.34	N/A	N/A	1	1	73	105
2024-11-12	$74.43	$80.00	20.5%	6.3%	19.5%	57.4%	22.8%	16.0%	-3.1%	-15.1K	219.1K	-1.8K	2.00	121.86	N/A	N/A	2	4	72	106
2024-11-13	$73.88	$80.00	22.9%	6.6%	19.1%	68.8%	0.0%	21.8%	-3.1%	-15.5K	241.2K	-1.8K	0.00	125.43	N/A	N/A	0	1	72	110
2024-11-14	$73.47	$80.00	24.1%	6.9%	19.2%	74.7%	0.0%	25.5%	4.2%	-10.2K	243.1K	-1.9K	2.00	128.29	N/A	N/A	1	2	72	109
2024-11-15	$73.38	$80.00	13.8%	4.0%	18.3%	26.2%	0.0%	23.7%	9.9%	-11.3K	258.5K	-1.8K	0.00	128.48	N/A	N/A	0	4	74	111
2024-11-18	$74.28	$80.00	19.6%	5.6%	19.0%	53.3%	18.2%	22.1%	3.1%	-7.7K	193.8K	-1.8K	0.00	125.09	N/A	N/A	2	0	67	107
2024-11-19	$74.42	$80.00	22.9%	6.6%	19.0%	68.9%	0.0%	25.8%	1.2%	-10.2K	170.6K	-1.8K	0.00	128.41	N/A	N/A	0	1	69	107
2024-11-20	$74.22	$80.00	23.2%	6.7%	19.0%	70.5%	0.0%	28.6%	5.7%	-7.0K	157.5K	-1.9K	0.00	129.85	N/A	N/A	0	0	69	108
2024-11-21	$74.09	$80.00	25.1%	7.2%	19.0%	79.4%	0.0%	27.3%	5.3%	-7.4K	176.0K	-1.9K	0.00	130.86	N/A	N/A	0	0	69	108
2024-11-22	$73.97	$80.00	22.7%	6.5%	18.9%	67.8%	0.0%	31.4%	8.8%	-8.2K	238.9K	-1.8K	0.00	131.59	N/A	N/A	0	1	69	108
2024-11-25	$74.23	$80.00	22.5%	6.5%	18.9%	67.0%	0.0%	33.4%	-1.8%	-9.4K	147.8K	-1.8K	0.00	131.02	N/A	N/A	0	0	69	109
2024-11-26	$73.60	$80.00	22.0%	6.3%	19.1%	64.8%	0.0%	34.8%	4.6%	-6.9K	192.7K	-1.8K	0.00	132.64	N/A	N/A	0	0	69	109
2024-11-27	$73.97	$80.00	26.4%	7.6%	18.9%	85.5%	0.0%	32.1%	-4.0%	-5.5K	180.3K	-1.8K	0.00	132.09	N/A	N/A	0	0	69	109
2024-11-29	$74.25	$80.00	28.8%	8.3%	18.9%	96.8%	0.0%	32.7%	-7.5%	-8.6K	187.7K	-1.7K	0.00	126.35	N/A	N/A	0	0	69	109