ETQ Options History — November 2024

In November 2024, ETQ traded between $9.33 and $26.27. ATM implied volatility averaged 156.8%, placing in the 67.5% IV rank vs the trailing year. The 30-day expected move averaged 40.6%. IV traded below realized volatility by 136.8% (HV 20d: 293.6%). Max pain ranged from $9.00 to $9.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-11-25: Highest Volume — 3 contracts
  • 2024-11-11: Largest IV spike — 71.9% change
  • 2024-11-01: Highest IV Rank — 100.0%
  • 2024-11-29: Largest Expected Move — 52.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.14$9.33$26.27$24.55$9.50
Max Pain$9.00$9.00$9.00$9.00$9.00
ATM IV156.8%107.6%289.8%134.4%184.3%
Expected Move40.6%30.8%52.8%38.5%52.8%
HV 20d293.6%194.2%321.9%277.0%194.2%
HV 60d179.9%159.3%194.6%159.3%194.6%
IV Rank67.5%35.7%100.0%100.0%62.8%
IV Percentile98.4%95.2%100.0%100.0%99.2%
Term Structure21.4%-9.8%130.3%-9.8%4.0%
VWIV112.5%112.5%112.5%112.5%112.5%
Skew 25d13.9%-4.3%33.5%10.2%24.5%
Skew 10d12.7%-22.9%33.3%25.2%8.9%
Call IV 25d131.0%95.4%182.9%110.5%182.9%
Put IV 25d144.9%113.5%207.5%120.7%207.5%
Bid-Ask Spread %120.3178.43133.20126.11132.29
Gamma HHI0.980.911.001.000.94
Net GEX30501.2K0680
Net DEX-37.8K-114.8K00-55.7K
Net VEX-34-8600-79
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.150300
Total OI40.95093093

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$24.55$0.00134.4%38.5%277.0%100.0%0.0%10.2%-9.8%0000.00126.110000
2024-11-04$26.27$0.00150.1%35.6%279.2%100.0%0.0%7.1%13.4%0000.0088.790000
2024-11-05$26.10$0.00155.0%38.8%279.1%100.0%0.0%11.4%-0.5%0000.0078.430000
2024-11-06$20.51$0.00123.6%36.6%288.7%78.8%0.0%33.5%13.4%0000.0099.590000
2024-11-07$17.43$0.00132.3%37.5%291.2%84.7%0.0%28.5%12.3%0000.00111.280000
2024-11-08$16.69$0.00144.3%35.5%290.9%92.8%0.0%22.5%14.0%0000.00120.870000
2024-11-11$11.90$0.00248.1%35.4%307.0%100.0%0.0%-4.3%2.6%0000.00117.250000
2024-11-12$12.38$0.00289.8%49.3%308.6%100.0%0.0%6.3%9.6%0000.00126.750000
2024-11-13$13.17$0.00131.8%37.8%311.2%44.2%0.0%11.0%2.4%0000.00120.450000
2024-11-14$13.89$0.00129.8%37.2%312.8%43.5%0.0%8.8%-0.5%0000.00122.920000
2024-11-15$14.16$0.00107.6%30.8%313.8%35.7%0.0%7.4%54.6%0000.00128.390000
2024-11-18$13.33$9.00132.8%38.1%312.9%44.6%0.0%13.4%18.9%560-106.3K-690.00127.9100900
2024-11-19$13.77$9.00128.4%36.8%313.9%43.0%0.0%14.4%15.0%558-111.0K-660.00133.2000900
2024-11-20$14.11$9.00131.9%37.8%314.5%44.3%0.0%13.7%10.9%554-114.8K-580.00129.9800900
2024-11-21$11.56$9.00163.9%47.0%317.4%55.6%0.0%18.9%35.2%647-80.0K-860.00129.3800900
2024-11-22$12.00$9.00167.4%48.0%318.7%56.8%0.0%16.0%32.2%579-84.5K-860.00130.3700900
2024-11-25$10.57$9.00169.7%48.7%318.0%57.6%112.5%13.6%43.4%658-69.7K-820.00124.9330900
2024-11-26$11.51$9.00170.6%48.9%321.9%57.9%0.0%14.2%25.8%690-82.5K-810.00130.1800930
2024-11-27$9.33$9.00139.9%40.1%200.2%47.1%0.0%7.3%130.3%1.2K-51.6K-820.00127.0600930
2024-11-29$9.50$9.00184.3%52.8%194.2%62.8%0.0%24.5%4.0%680-55.7K-790.00132.2900930