QQQJ Options History — February 2021

In February 2021, QQQJ traded between $31.97 and $34.76. ATM implied volatility averaged 27.8%. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 4.7% (HV 20d: 23.2%). Max pain ranged from $29.00 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.24.

Notable Days

  • 2021-02-08: Highest Volume — 8,271 contracts
  • 2021-02-10: Largest IV spike — 28.7% change
  • 2021-02-25: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.66$31.97$34.76$31.97$33.24
Max Pain$30.11$29.00$31.00$31.00$30.00
ATM IV27.8%21.2%38.1%31.7%35.0%
Expected Move8.3%7.1%10.9%9.1%10.0%
HV 20d23.2%21.7%24.6%24.0%24.5%
HV 60d18.4%17.5%20.1%18.8%20.1%
Term Structure2.6%-2.8%6.6%4.1%-1.7%
VWIV28.9%25.2%39.9%30.8%35.4%
Skew 25d3.3%1.5%6.9%6.5%6.9%
Skew 10d4.9%-1.2%14.7%-1.2%11.4%
Call IV 25d28.1%24.3%36.1%30.4%31.9%
Put IV 25d31.4%27.5%41.2%36.9%38.8%
Bid-Ask Spread %38.1812.4461.8328.1842.78
Gamma HHI0.370.310.420.310.37
Net GEX4.5M3.4M5.3M3.4M4.2M
Net DEX-91.3M-111.2M-67.0M-67.0M-82.0M
Net VEX-404.6K-430.3K-345.5K-345.5K-416.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.040.620.210.28
Total Volume4,423.5262,1408,2715,7903,167
Total OI70,513.68461,21377,99461,21376,243

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$31.97$31.0031.7%9.1%24.0%0.0%30.8%6.5%4.1%3.4M-67.0M-345.5K0.2128.18N/AN/A4,79899257,2333,980
2021-02-02$32.69$31.0027.8%8.0%24.0%0.0%29.2%2.4%2.4%3.6M-73.9M-373.7K0.6224.43N/AN/A2,2921,41957,1066,244
2021-02-03$32.75$31.0025.6%7.3%23.7%0.0%26.3%1.7%2.4%3.7M-73.3M-375.8K0.4261.83N/AN/A1,53564057,3497,487
2021-02-04$33.12$29.0023.8%7.9%23.8%0.0%27.4%2.8%3.7%4.0M-79.0M-387.3K0.1540.87N/AN/A2,38734857,6387,817
2021-02-05$33.64$30.0021.5%7.7%22.7%0.0%26.5%2.6%4.8%4.3M-87.0M-388.9K0.0742.81N/AN/A2,75618757,9457,934
2021-02-08$33.99$30.0022.8%7.8%22.7%0.0%26.0%3.4%2.8%4.6M-92.6M-384.1K0.4643.03N/AN/A5,6602,61158,3818,007
2021-02-09$34.24$30.0021.2%7.6%22.7%0.0%26.5%2.5%4.3%4.9M-99.9M-394.3K0.0912.44N/AN/A7,37168460,4996,851
2021-02-10$34.19$30.0027.3%7.8%22.6%0.0%27.2%1.5%3.7%4.9M-102.1M-408.5K0.0543.14N/AN/A3,29416963,7386,411
2021-02-11$34.40$30.0027.1%7.8%22.6%0.0%26.6%2.9%4.3%5.1M-105.0M-413.0K0.0434.01N/AN/A2,1917964,3186,443
2021-02-12$34.76$30.0024.8%7.1%22.6%0.0%25.2%3.2%6.6%5.3M-111.2M-417.1K0.6143.56N/AN/A2,8851,76364,4446,462
2021-02-16$34.54$30.0027.5%7.9%21.8%0.0%27.8%2.7%4.1%5.1M-108.0M-414.9K0.0543.00N/AN/A5,80231665,0218,027
2021-02-17$34.26$30.0027.7%7.9%21.8%0.0%28.3%1.7%4.6%5.1M-104.9M-422.4K0.0715.61N/AN/A5,30537267,6378,160
2021-02-18$34.16$30.0027.3%7.8%21.7%0.0%26.9%3.1%1.7%5.2M-103.1M-426.8K0.1341.67N/AN/A3,35544168,7658,311
2021-02-19$34.49$30.0027.6%7.9%21.8%0.0%27.6%3.1%1.9%5.3M-108.7M-429.6K0.1541.44N/AN/A3,43552569,3388,656
2021-02-22$33.55$30.0030.1%8.6%24.2%0.0%30.8%2.9%1.1%4.3M-87.7M-420.5K0.2648.58N/AN/A3,20582965,0415,324
2021-02-23$33.34$30.0031.4%9.0%24.2%0.0%30.4%3.9%0.7%4.1M-83.6M-422.5K0.1837.21N/AN/A5,7751,02765,7447,309
2021-02-24$33.69$30.0030.4%8.7%23.9%0.0%30.2%4.5%0.3%4.5M-90.9M-430.3K0.1044.17N/AN/A1,93820266,8587,472
2021-02-25$32.58$30.0038.1%10.9%24.6%0.0%39.9%5.1%-2.8%3.7M-75.3M-415.1K0.5436.57N/AN/A2,7961,49667,8487,719
2021-02-26$33.24$30.0035.0%10.0%24.5%0.0%35.4%6.9%-1.7%4.2M-82.0M-416.6K0.2842.78N/AN/A2,46869967,7068,537