QAI Options History — March 2024

In March 2024, QAI traded between $30.48 and $30.87. ATM implied volatility averaged 23.8%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 19.8% (HV 20d: 4.0%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2024-03-12: Largest IV spike — 81.9% change
  • 2024-03-12: Highest IV Rank — 39.4%
  • 2024-03-27: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.66$30.48$30.87$30.57$30.87
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV23.8%18.0%57.9%18.0%21.4%
Expected Move5.5%5.1%6.2%5.2%6.1%
HV 20d4.0%3.3%5.3%4.6%5.3%
HV 60d8.1%3.9%8.9%8.9%4.4%
IV Rank10.7%5.8%39.4%5.8%8.7%
IV Percentile47.8%14.9%98.3%14.9%48.7%
Term Structure-3.5%-7.0%10.8%10.8%-5.2%
Skew 25d0.2%-0.1%3.4%3.4%-0.0%
Skew 10d1.0%0.8%1.7%1.7%1.3%
Call IV 25d24.7%21.6%30.1%30.1%28.4%
Put IV 25d24.9%21.7%33.5%33.5%28.4%
Bid-Ask Spread %169.12136.78172.45136.78168.83
Gamma HHI0.840.830.960.830.96
Net GEX3.5K07.5K6.9K0
Net DEX-38.0K-94.8K0-66.1K0
Net VEX-25-750-750
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI18.7034340

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$30.57$30.0018.0%5.2%4.6%5.8%0.0%3.4%10.8%6.9K-66.1K-750.00136.78N/AN/A00340
2024-03-04$30.57$0.0020.3%5.1%4.6%7.7%0.0%-0.1%-3.6%7.0K-65.9K-670.00172.45N/AN/A00340
2024-03-05$30.48$0.0035.3%5.5%4.5%20.4%0.0%0.4%-5.7%7.2K-63.6K-650.00171.22N/AN/A00340
2024-03-06$30.58$0.0021.8%5.1%4.4%9.0%0.0%0.0%-3.5%7.1K-66.2K-600.00172.38N/AN/A00340
2024-03-07$30.66$0.0024.2%5.1%4.4%11.0%0.0%0.1%-3.5%7.0K-68.1K-570.00171.74N/AN/A00340
2024-03-08$30.63$0.0025.1%5.1%4.4%11.8%0.0%0.1%-3.6%7.2K-67.5K-530.00171.48N/AN/A00340
2024-03-11$30.64$0.0031.9%5.3%4.4%17.4%0.0%0.1%-4.4%7.5K-68.1K-390.00171.74N/AN/A00340
2024-03-12$30.70$0.0057.9%5.2%4.4%39.4%0.0%0.2%-4.5%6.9K-68.4K-340.00170.30N/AN/A00340
2024-03-13$30.64$0.0018.8%5.4%3.7%6.4%0.0%-0.1%-4.8%6.9K-66.7K-290.00171.80N/AN/A00340
2024-03-14$30.60$0.0018.7%5.4%3.7%6.4%0.0%-0.1%-2.7%7.0K-65.5K-200.00170.41N/AN/A00340
2024-03-15$30.59$0.0019.3%5.5%3.4%6.9%0.0%-0.1%-3.4%0-94.8K00.00171.44N/AN/A00340
2024-03-18$30.64$0.0019.8%5.7%3.4%7.3%0.0%-0.1%-3.7%0000.00171.45N/AN/A0000
2024-03-19$30.59$0.0019.8%5.7%3.3%7.3%0.0%-0.1%-4.0%0000.00170.34N/AN/A0000
2024-03-20$30.74$0.0019.8%5.7%3.6%7.3%0.0%0.3%-3.9%0000.00169.95N/AN/A0000
2024-03-21$30.81$0.0019.4%5.6%3.4%7.0%0.0%0.3%-4.2%0000.00170.66N/AN/A0000
2024-03-22$30.73$0.0020.5%5.9%3.5%7.9%0.0%0.2%-3.8%0000.00170.70N/AN/A0000
2024-03-25$30.80$0.0021.3%6.1%3.6%8.5%0.0%0.4%-4.8%0000.00170.76N/AN/A0000
2024-03-26$30.76$0.0021.7%6.2%3.6%8.9%0.0%-0.1%-5.2%0000.00170.56N/AN/A0000
2024-03-27$30.58$0.0021.8%6.2%4.3%8.9%0.0%-0.1%-7.0%0000.00167.51N/AN/A0000
2024-03-28$30.87$0.0021.4%6.1%5.3%8.7%0.0%-0.0%-5.2%0000.00168.83N/AN/A0000