ETQ Options History — April 2025

In April 2025, ETQ traded between $18.05 and $31.59. ATM implied volatility averaged 120.5%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 33.6%. IV traded below realized volatility by 58.8% (HV 20d: 179.3%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-04-09: Highest Volume — 5 contracts
  • 2025-04-11: Largest IV drop — 31.2% change
  • 2025-04-07: Highest IV Rank — 58.0%
  • 2025-04-07: Largest Expected Move — 42.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.68$18.05$31.59$19.98$18.78
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV120.5%86.2%180.4%129.5%121.7%
Expected Move33.6%24.7%42.3%36.0%34.9%
HV 20d179.3%149.8%194.5%151.9%184.9%
HV 60d155.7%141.4%162.4%144.9%148.7%
IV Rank38.0%26.6%58.0%41.0%38.4%
IV Percentile63.4%54.0%89.7%66.7%57.9%
Term Structure-7.3%-24.9%4.3%-4.8%-24.9%
VWIV135.1%135.1%135.1%135.1%135.1%
Skew 25d-1.8%-30.4%17.8%-1.5%-3.9%
Skew 10d10.8%-8.8%51.8%26.3%8.5%
Call IV 25d119.5%95.4%147.7%120.3%130.8%
Put IV 25d117.7%98.9%143.6%118.8%127.0%
Bid-Ask Spread %166.27102.47199.90102.47188.34
Gamma HHI0.190.180.200.190.18
Net GEX9936591.5K844722
Net DEX-67.7K-140.2K-29.2K-60.5K-40.3K
Net VEX-211-288-124-237-147
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5710500
Total OI61.90559676760

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$19.98$0.00129.5%36.0%151.9%41.0%0.0%-1.5%-4.8%844-60.5K-2370.00102.4700661
2025-04-02$20.04$0.00124.9%36.0%149.8%39.5%0.0%-20.4%4.3%860-59.7K-2360.00108.8000661
2025-04-03$22.59$0.00141.6%37.6%154.7%45.1%0.0%-10.2%3.1%936-79.2K-2650.00135.0600661
2025-04-04$21.88$0.00147.1%38.4%155.5%46.9%0.0%11.1%-2.3%934-71.4K-2550.00140.3240661
2025-04-07$28.34$0.00180.4%42.3%156.6%58.0%0.0%-15.8%0.5%937-119.9K-2820.00134.4500631
2025-04-08$31.59$0.00150.4%40.1%154.8%48.0%0.0%-15.6%-1.9%1.1K-140.2K-2880.00112.5300631
2025-04-09$23.86$0.00141.3%40.5%186.5%45.0%0.0%17.8%-1.0%944-81.1K-2520.00146.8750631
2025-04-10$27.49$0.00140.7%40.3%192.7%44.8%0.0%-8.8%-3.3%936-103.3K-2550.00107.9500591
2025-04-11$25.50$0.0096.8%27.7%190.8%30.1%0.0%7.9%-7.6%1.3K-84.5K-2460.00191.1800591
2025-04-14$23.07$0.00101.8%29.2%194.5%31.8%0.0%6.2%-6.0%1.2K-64.1K-2160.00194.4100591
2025-04-15$23.96$0.0094.5%27.1%194.1%29.4%0.0%7.7%-3.8%1.1K-74.1K-2270.00197.1400591
2025-04-16$25.22$0.0097.9%28.1%185.1%30.5%0.0%4.9%-5.5%1.2K-83.3K-2330.00199.9020591
2025-04-17$24.71$0.0096.9%27.8%184.9%30.2%0.0%4.3%-5.7%1.3K-80.7K-2280.00199.1000601
2025-04-21$24.91$0.0086.2%24.7%184.9%26.6%135.1%-30.4%-1.0%1.5K-72.9K-2170.00196.3910581
2025-04-22$21.28$33.0092.1%26.4%188.2%28.6%0.0%-1.5%-8.3%1.1K-47.1K-1790.00198.6400591
2025-04-23$18.76$33.00107.0%30.7%194.4%33.5%0.0%5.6%-11.9%823-29.4K-1310.00188.4100591
2025-04-24$19.25$33.00116.3%33.3%193.1%36.6%0.0%-1.1%-15.0%866-34.3K-1450.00189.0100591
2025-04-25$18.59$33.00116.8%33.5%193.5%36.8%0.0%3.5%-17.2%796-30.0K-1320.00187.0700591
2025-04-28$18.48$33.00123.5%35.4%187.6%39.0%0.0%-3.6%-21.9%783-29.2K-1240.00188.4100591
2025-04-29$18.05$33.00123.9%35.5%186.7%39.2%0.0%6.2%-17.9%659-37.4K-1410.00185.2200591
2025-04-30$18.78$33.00121.7%34.9%184.9%38.4%0.0%-3.9%-24.9%722-40.3K-1470.00188.3400591