QAI Options History — January 2024

In January 2024, QAI traded between $29.84 and $30.11. ATM implied volatility averaged 22.5%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 9.9% (HV 20d: 12.6%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2024-01-03: Largest IV drop — 64.7% change
  • 2024-01-02: Highest IV Rank — 41.7%
  • 2024-01-02: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.99$29.84$30.11$30.05$30.00
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV22.5%13.0%60.8%60.8%23.4%
Expected Move6.0%3.7%17.4%17.4%6.7%
HV 20d12.6%3.2%14.4%14.4%3.2%
HV 60d9.1%8.8%9.2%9.2%8.8%
IV Rank9.6%1.6%41.7%41.7%10.4%
IV Percentile43.1%6.1%98.5%98.5%60.1%
Term Structure-3.5%-8.7%8.2%-8.1%-7.5%
Skew 25d2.3%-10.6%60.4%60.4%-0.0%
Skew 10d-1.5%-28.4%1.6%-28.4%1.6%
Call IV 25d26.5%17.4%39.2%39.2%33.9%
Put IV 25d28.8%11.1%99.5%99.5%33.8%
Bid-Ask Spread %134.84113.69138.87136.77135.68
Gamma HHI0.630.500.850.510.85
Net GEX2.2K-6116.1K-5595.8K
Net DEX-18.7K-56.9K22.0K-7.7K-54.5K
Net VEX-186-252-140-252-140
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI51.33334626234

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$30.05$31.0060.8%17.4%14.4%41.7%0.0%60.4%-8.1%-559-7.7K-2520.00136.77N/AN/A003428
2024-01-03$29.98$31.0021.4%6.1%14.4%8.7%0.0%1.9%-3.0%-6113.4K-2380.00113.69N/AN/A003428
2024-01-04$29.96$0.0024.7%4.7%14.4%11.4%0.0%0.4%-0.8%20466-2380.00138.87N/AN/A003428
2024-01-05$29.98$0.0022.4%4.8%14.4%9.5%0.0%-5.7%-0.9%-4713.9K-2310.00132.34N/AN/A003428
2024-01-08$30.05$0.0024.6%4.6%14.4%11.3%0.0%2.9%-3.4%261-391-2230.00137.95N/AN/A003428
2024-01-09$29.96$0.0028.4%4.9%14.4%14.5%0.0%-0.1%-1.2%-722.1K-2200.00138.87N/AN/A003428
2024-01-10$29.96$0.0016.7%4.8%14.4%4.7%0.0%-0.1%-1.1%-572.4K-2160.00138.78N/AN/A003428
2024-01-11$30.00$0.0017.3%4.9%14.4%5.2%0.0%-0.1%-2.2%-731.4K-2120.00138.44N/AN/A003428
2024-01-12$30.05$0.0018.5%5.3%14.0%6.2%0.0%-0.1%-2.4%-5-727-2100.00138.77N/AN/A003428
2024-01-16$29.95$0.0018.6%5.3%14.0%6.3%0.0%-0.1%-3.5%1.5K4.3K-1880.00138.54N/AN/A003428
2024-01-17$29.84$0.0013.1%3.8%14.0%1.7%0.0%-10.6%4.7%35922.0K-1720.00129.36N/AN/A003428
2024-01-18$29.86$0.0019.6%5.6%13.9%7.2%0.0%-0.1%-3.6%3886.7K-1750.00137.30N/AN/A003428
2024-01-19$29.95$0.0018.4%5.3%13.9%6.2%0.0%-1.2%-8.7%41714.3K-1590.00137.25N/AN/A003428
2024-01-22$29.96$0.0019.9%5.7%13.9%7.4%0.0%1.8%-6.7%5.5K-54.4K-1530.00138.15N/AN/A00340
2024-01-23$29.94$0.0013.0%3.7%13.7%1.6%0.0%-0.1%8.2%5.7K-54.0K-1520.00128.07N/AN/A00340
2024-01-24$30.02$0.0019.1%5.5%13.8%6.7%0.0%-0.1%-5.5%5.3K-55.4K-1500.00138.16N/AN/A00340
2024-01-25$30.06$0.0020.8%6.0%13.8%8.1%0.0%-0.2%-6.3%6.1K-56.4K-1480.00124.35N/AN/A00340
2024-01-26$30.08$0.0023.0%6.6%13.7%10.0%0.0%-0.1%-6.9%5.4K-56.5K-1470.00136.99N/AN/A00340
2024-01-29$30.11$0.0024.3%7.0%3.3%11.1%0.0%-0.1%-7.9%5.6K-56.9K-1420.00136.70N/AN/A00340
2024-01-30$30.07$0.0024.6%7.1%3.4%11.3%0.0%-0.1%-7.0%5.6K-56.0K-1410.00136.57N/AN/A00340
2024-01-31$30.00$0.0023.4%6.7%3.2%10.4%0.0%-0.0%-7.5%5.8K-54.5K-1400.00135.68N/AN/A00340