ETQ Options History — October 2025

In October 2025, ETQ traded between $1.29 and $37.69. ATM implied volatility averaged 213.0%, placing in the 41.7% IV rank vs the trailing year. The 30-day expected move averaged 89.3%. IV traded below realized volatility by 33.2% (HV 20d: 246.2%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 2 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2025-10-15: Highest Volume — 39 contracts
2025-10-29: Largest IV spike — 1689.8% change
2025-10-22: Highest IV Rank — 99.6%
2025-10-22: Largest Expected Move — 142.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.88	$1.29	$37.69	$1.54	$33.52
Max Pain	$1.19	$1.00	$2.00	$2.00	$1.00
ATM IV	213.0%	20.9%	497.7%	200.0%	139.0%
Expected Move	89.3%	39.9%	142.7%	57.3%	39.9%
HV 20d	246.2%	103.6%	1075.8%	103.6%	1075.0%
HV 60d	200.7%	130.2%	634.2%	136.9%	634.2%
IV Rank	41.7%	2.5%	99.6%	39.1%	26.3%
IV Percentile	56.0%	4.7%	99.6%	78.5%	30.5%
Term Structure	-112.8%	-354.9%	30.6%	23.0%	-13.2%
Skew 25d	17.2%	-11.5%	86.3%	86.3%	-11.5%
Skew 10d	-10.4%	-31.0%	0.9%	0.9%	-1.1%
Call IV 25d	125.9%	71.3%	147.2%	143.9%	141.1%
Put IV 25d	143.0%	70.4%	230.2%	230.2%	129.7%
Bid-Ask Spread %	178.37	0.17	200.00	188.53	94.77
Gamma HHI	0.98	0.80	1.00	1.00	1.00
Net GEX	-345	-957	61	-217	0
Net DEX	24.5K	-50.6K	34.6K	33.7K	0
Net VEX	-34	-91	0	-21	0
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	3.696	0	39	0	0
Total OI	325.478	0	455	410	0

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$1.54	$2.00	200.0%	57.3%	103.6%	39.1%	0.0%	0.0%	0.0%	-217	33.7K	-21	188.53	0	0	181	229
2025-10-02	$1.40	$2.00	0.0%	0.0%	104.2%	0.0%	0.0%	0.0%	0.0%	-48	31.8K	-5	186.16	0	5	181	229
2025-10-03	$1.40	$2.00	57.3%	0.0%	104.1%	10.1%	0.0%	0.0%	0.0%	-62	31.7K	-7	185.34	0	0	181	229
2025-10-06	$1.29	$0.00	360.1%	90.6%	107.1%	71.6%	0.0%	0.0%	0.0%	-8	29.5K	-1	195.03	0	0	181	229
2025-10-07	$1.42	$0.00	0.0%	0.0%	113.7%	0.0%	0.0%	0.0%	0.0%	-58	32.2K	-6	194.29	21	0	181	229
2025-10-08	$1.38	$0.00	0.0%	0.0%	114.0%	0.0%	0.0%	0.0%	0.0%	-33	28.5K	-4	195.03	0	0	202	229
2025-10-09	$1.50	$0.00	0.0%	0.0%	117.6%	0.0%	0.0%	86.3%	0.0%	-147	29.3K	-18	196.82	0	0	202	229
2025-10-10	$1.71	$0.00	292.7%	133.6%	119.6%	57.9%	0.0%	0.0%	23.0%	-636	29.1K	-65	196.61	6	0	202	229
2025-10-13	$1.50	$1.00	207.3%	54.2%	128.2%	40.6%	0.0%	0.0%	30.6%	-124	28.5K	-16	196.72	0	0	217	229
2025-10-14	$1.63	$1.00	273.2%	0.0%	131.5%	54.0%	0.0%	0.0%	-164.5%	-385	28.5K	-33	198.83	10	0	217	229
2025-10-15	$1.69	$1.00	307.1%	0.0%	131.8%	60.8%	0.0%	0.0%	0.0%	-568	27.5K	-56	198.85	39	0	226	229
2025-10-16	$1.81	$1.00	473.5%	135.8%	132.2%	94.7%	0.0%	0.0%	-20.2%	-901	30.0K	-87	198.81	1	0	189	229
2025-10-17	$1.84	$1.00	92.5%	0.0%	131.3%	17.2%	0.0%	0.0%	-308.2%	-940	28.8K	-91	200.00	0	0	190	229
2025-10-20	$1.69	$1.00	74.2%	0.0%	125.6%	13.5%	0.0%	0.0%	0.0%	-574	33.1K	-54	198.81	0	1	14	229
2025-10-21	$1.67	$1.00	54.1%	0.0%	125.6%	9.4%	0.0%	0.0%	0.0%	-506	34.1K	-42	198.81	1	0	14	230
2025-10-22	$1.85	$1.00	497.7%	142.7%	130.8%	99.6%	0.0%	0.0%	11.4%	-957	28.5K	-90	200.00	0	0	15	230
2025-10-23	$1.79	$1.00	48.9%	0.0%	125.7%	8.3%	0.0%	0.0%	-354.9%	-861	31.2K	-78	200.00	0	0	15	230
2025-10-24	$1.73	$1.00	0.0%	0.0%	125.1%	0.0%	0.0%	0.0%	0.0%	-688	33.2K	-60	200.00	0	0	15	230
2025-10-27	$1.48	$1.00	0.0%	0.0%	133.0%	0.0%	0.0%	0.0%	0.0%	-89	33.4K	-8	197.81	0	0	15	230
2025-10-28	$1.58	$1.00	20.9%	0.0%	135.0%	2.5%	0.0%	0.0%	0.0%	-251	34.6K	-22	197.74	1	0	15	230
2025-10-29	$32.04	$1.00	375.0%	107.5%	1075.8%	74.6%	0.0%	-0.9%	-303.7%	61	-50.6K	-7	0.17	0	0	16	230
2025-10-30	$37.69	$0.00	146.7%	42.1%	1071.8%	28.1%	0.0%	-5.2%	-28.8%	46	-3.3K	-2	83.46	0	0	1	0
2025-10-31	$33.52	$0.00	139.0%	39.9%	1075.0%	26.3%	0.0%	-11.5%	-13.2%	0	0	0	94.77	0	0	0	0