ETQ Options History — February 2026

In February 2026, ETQ traded between $61.95 and $89.87. ATM implied volatility averaged 148.9%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 42.0%. IV traded below realized volatility by 29.0% (HV 20d: 177.8%). Max pain ranged from $20.00 to $80.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.29.

Notable Days

  • 2026-02-23: Highest Volume — 72 contracts
  • 2026-02-05: Largest IV spike — 38.8% change
  • 2026-02-05: Highest IV Rank — 44.9%
  • 2026-02-05: Largest Expected Move — 55.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.51$61.95$89.87$61.95$73.65
Max Pain$33.13$20.00$80.00$20.00$75.00
ATM IV148.9%118.2%232.2%140.7%131.8%
Expected Move42.0%33.9%55.5%40.3%37.8%
HV 20d177.8%129.9%209.3%135.8%206.7%
HV 60d152.3%140.5%158.2%145.0%156.1%
IV Rank27.7%21.4%44.9%26.1%24.2%
IV Percentile50.7%20.8%85.2%43.6%32.6%
Term Structure-12.1%-53.2%10.1%-1.6%-24.0%
VWIV161.8%111.7%198.0%184.0%111.7%
Skew 25d-26.3%-48.5%4.7%4.7%-37.8%
Skew 10d-42.1%-85.6%28.7%-26.9%-7.5%
Call IV 25d170.4%130.6%197.7%138.3%176.3%
Put IV 25d144.1%122.4%186.0%143.0%138.5%
Bid-Ask Spread %92.9677.83113.35104.12112.58
Gamma HHI0.320.080.840.210.09
Net GEX269-1412.0K-21787
Net DEX-24.8K-138.4K27.8K-18.9K-43.2K
Net VEX-278-1.4K-8-46-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.001.000.000.00
Total Volume6.10507201
Total OI26.31671058104

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$61.95$0.00140.7%40.3%135.8%26.1%0.0%4.7%-1.6%-21-18.9K-460.00104.120044
2026-02-03$63.36$0.00154.2%44.2%129.9%28.9%0.0%-39.0%-4.0%-19-20.4K-420.0085.021044
2026-02-04$70.09$0.00167.3%48.0%131.8%31.5%0.0%-28.6%-22.1%32-28.0K-500.0082.960054
2026-02-05$89.87$20.00232.2%55.5%152.0%44.9%184.0%-11.7%-26.5%26-39.1K-480.6778.093254
2026-02-06$70.03$20.00159.2%45.3%184.1%29.9%0.0%-44.6%-5.9%-141-14.8K-600.0078.120246
2026-02-09$66.24$20.00160.0%43.0%186.5%30.0%0.0%-42.6%3.1%28-19.0K-480.0077.830044
2026-02-10$73.47$24.00146.2%42.7%187.7%27.2%0.0%-35.5%4.8%35-15.3K-470.0081.280034
2026-02-11$78.44$24.00150.3%43.1%184.5%28.0%0.0%-34.8%-0.9%37-17.4K-450.0084.381034
2026-02-12$80.60$24.00149.6%42.9%175.4%27.9%0.0%-22.1%-1.6%174-23.5K-480.0084.250044
2026-02-13$69.84$24.00137.0%39.3%187.7%25.3%0.0%-23.2%8.7%184-16.5K-480.0092.391044
2026-02-17$72.94$24.00137.1%39.3%187.2%25.3%0.0%-21.4%10.1%239-18.8K-450.00101.011044
2026-02-18$76.66$24.00142.7%40.9%181.4%26.5%0.0%-10.0%5.7%321-21.4K-440.0087.490044
2026-02-19$76.94$24.00143.6%41.2%180.9%26.7%198.0%-21.2%-1.1%328-22.0K-420.0088.450144
2026-02-20$74.98$24.00143.9%41.3%181.8%26.7%0.0%-29.1%-1.7%591-20.1K-420.0089.560044
2026-02-23$83.56$24.00118.2%33.9%183.5%21.4%0.0%-8.2%-39.0%93-22.8K-80.41110.06512134
2026-02-24$83.30$24.00143.7%41.2%183.9%26.7%142.6%-25.3%-53.2%2.0K-138.4K-1.4K1.00103.0210105124
2026-02-25$64.16$80.00127.5%36.6%209.3%23.4%172.9%-48.5%-41.4%-11427.8K-7500.57112.22746134
2026-02-26$66.60$75.00143.1%41.0%208.9%26.6%0.0%-20.4%-39.8%57093-1.1K0.00113.35006738
2026-02-27$73.65$75.00131.8%37.8%206.7%24.2%111.7%-37.8%-24.0%787-43.2K-1.3K0.00112.58106638