ETQ Options History — December 2024

In December 2024, ETQ traded between $6.95 and $9.92. ATM implied volatility averaged 195.8%, placing in the 66.8% IV rank vs the trailing year. The 30-day expected move averaged 54.0%. IV traded above realized volatility by 29.5% (HV 20d: 166.2%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.33.

Notable Days

2024-12-11: Highest Volume — 72 contracts
2024-12-11: Largest IV drop — 15.8% change
2024-12-06: Highest IV Rank — 81.0%
2024-12-13: Largest Expected Move — 62.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.64	$6.95	$9.92	$9.40	$9.78
Max Pain	$8.38	$8.00	$9.00	$9.00	$8.00
ATM IV	195.8%	161.4%	236.1%	185.8%	180.6%
Expected Move	54.0%	46.3%	62.0%	53.3%	51.8%
HV 20d	166.2%	141.6%	193.5%	193.5%	142.8%
HV 60d	203.7%	194.5%	210.8%	194.5%	210.8%
IV Rank	66.8%	54.7%	81.0%	63.3%	61.4%
IV Percentile	96.2%	92.1%	99.2%	99.2%	93.3%
Term Structure	-15.6%	-52.9%	13.0%	1.8%	-2.0%
VWIV	181.1%	181.1%	181.1%	181.1%	181.1%
Skew 25d	-28.9%	-87.6%	22.3%	22.3%	13.4%
Skew 10d	19.4%	-70.3%	120.8%	45.7%	120.1%
Call IV 25d	215.8%	179.8%	291.4%	197.8%	193.2%
Put IV 25d	186.9%	139.4%	255.7%	220.1%	206.6%
Bid-Ask Spread %	147.81	129.56	154.22	131.37	150.77
Gamma HHI	0.68	0.47	0.96	0.93	0.51
Net GEX	227	-477	792	632	-477
Net DEX	-9.2K	-54.9K	38.8K	-54.7K	30.7K
Net VEX	-125	-189	-50	-73	-187
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	1.00	0.00	0.00
Total Volume	7	0	72	0	0
Total OI	141.333	93	226	93	134

Daily Data (21 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 Vol	Put Vol	Call OI	Put OI
2024-12-02	$9.40	$9.00	185.8%	53.3%	193.5%	63.3%	0.0%	22.3%	1.8%	632	-54.7K	-73	0.00	131.37	0	0	93	0
2024-12-03	$9.46	$9.00	199.0%	57.1%	189.8%	68.0%	0.0%	18.5%	4.0%	712	-54.9K	-71	0.00	134.76	0	0	93	0
2024-12-04	$8.02	$9.00	206.3%	59.1%	193.2%	70.5%	0.0%	16.4%	13.0%	636	-36.2K	-62	0.00	129.56	0	0	93	0
2024-12-05	$8.22	$0.00	209.9%	51.1%	182.8%	71.8%	0.0%	-36.1%	-0.1%	643	-38.9K	-62	0.00	149.25	0	0	93	0
2024-12-06	$7.17	$0.00	236.1%	59.2%	180.8%	81.0%	0.0%	-87.6%	-15.0%	537	-26.6K	-51	0.00	148.99	2	0	93	0
2024-12-09	$8.27	$0.00	232.1%	53.2%	192.6%	79.7%	0.0%	-41.1%	-11.4%	685	-40.3K	-54	0.00	149.86	0	2	95	0
2024-12-10	$8.80	$0.00	223.8%	49.7%	158.4%	76.7%	0.0%	-62.7%	-2.4%	792	-45.8K	-56	0.00	146.79	0	2	95	2
2024-12-11	$7.83	$0.00	188.5%	54.0%	161.0%	64.3%	0.0%	-76.0%	-38.1%	655	-32.9K	-50	0.00	151.17	0	72	95	4
2024-12-12	$7.58	$0.00	195.0%	55.9%	157.8%	66.5%	0.0%	-47.5%	-41.1%	355	-4.1K	-134	0.00	153.26	0	0	95	76
2024-12-13	$7.46	$0.00	216.4%	62.0%	155.0%	74.1%	0.0%	-62.4%	-52.9%	420	-5.2K	-123	0.00	154.11	0	0	95	76
2024-12-16	$6.95	$0.00	209.6%	60.1%	154.4%	71.7%	0.0%	-75.4%	-34.8%	392	2.3K	-104	0.00	150.40	0	66	95	76
2024-12-17	$7.35	$0.00	214.0%	61.3%	157.4%	73.2%	0.0%	-35.7%	-52.0%	313	15.0K	-164	0.00	154.22	0	0	95	131
2024-12-18	$8.36	$0.00	186.3%	53.4%	166.0%	63.5%	0.0%	-47.1%	-15.6%	470	6.1K	-183	0.00	149.92	0	0	95	131
2024-12-19	$9.66	$0.00	161.4%	46.3%	175.9%	54.7%	0.0%	-28.6%	0.1%	597	-19.2K	-187	0.00	146.13	0	0	95	131
2024-12-20	$9.29	$0.00	179.5%	51.5%	162.8%	61.1%	0.0%	-64.4%	-31.7%	-463	-44.2K	-161	0.00	147.84	0	0	93	131
2024-12-23	$9.71	$0.00	173.9%	49.9%	163.1%	59.1%	181.1%	-67.3%	-24.2%	-467	38.8K	-161	1.00	152.14	1	1	0	131
2024-12-24	$8.98	$8.00	176.9%	50.7%	159.3%	60.2%	0.0%	12.7%	-7.4%	-320	28.0K	-177	0.00	151.19	0	0	1	132
2024-12-26	$9.92	$8.00	174.4%	50.0%	160.5%	59.3%	0.0%	13.5%	-0.2%	-455	29.6K	-189	0.00	151.53	0	0	1	132
2024-12-27	$9.87	$8.00	173.2%	49.7%	141.6%	58.8%	0.0%	15.8%	-1.2%	-448	29.6K	-189	0.00	151.20	0	0	1	132
2024-12-30	$9.46	$8.00	188.4%	54.0%	142.4%	64.2%	0.0%	12.5%	-17.2%	-438	29.0K	-182	0.00	149.61	1	0	1	132
2024-12-31	$9.78	$8.00	180.6%	51.8%	142.8%	61.4%	0.0%	13.4%	-2.0%	-477	30.7K	-187	0.00	150.77	0	0	2	132