QQQJ Options History — May 2021

In May 2021, QQQJ traded between $30.38 and $32.85. ATM implied volatility averaged 25.3%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 2.9% (HV 20d: 22.4%). Max pain ranged from $30.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2021-05-04: Highest Volume — 2,111 contracts
  • 2021-05-10: Largest IV spike — 29.6% change
  • 2021-05-28: Highest IV Rank — 4.8%
  • 2021-05-12: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.76$30.38$32.85$32.67$32.85
Max Pain$30.45$30.00$33.00$33.00$30.00
ATM IV25.3%18.9%32.4%22.8%18.9%
Expected Move7.2%5.4%9.3%6.5%5.4%
HV 20d22.4%16.8%25.3%16.8%24.6%
HV 60d26.0%23.1%27.2%25.2%23.1%
IV Rank4.8%4.8%4.8%4.8%4.8%
IV Percentile0.8%0.8%0.8%0.8%0.8%
Term Structure0.5%-2.4%2.6%0.7%2.6%
VWIV25.9%20.2%31.9%23.0%20.2%
Skew 25d3.9%2.0%5.7%2.0%3.1%
Skew 10d6.0%-3.8%12.1%6.2%4.8%
Call IV 25d24.1%18.0%30.0%23.4%18.0%
Put IV 25d27.9%21.1%35.1%25.4%21.1%
Bid-Ask Spread %29.4910.3258.3158.3110.32
Gamma HHI0.250.200.340.320.34
Net GEX1.9M645.2K3.1M2.9M3.1M
Net DEX-27.6M-43.2M-9.1M-43.2M-41.3M
Net VEX-190.2K-235.8K-148.3K-235.8K-148.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.140.590.190.59
Total Volume1,223.052702,1111,146754
Total OI70,375.566,95471,84071,20867,624

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$32.67$33.0022.8%6.5%16.8%0.0%23.0%2.0%0.7%2.9M-43.2M-235.8K0.1958.31N/AN/A96218451,37519,833
2021-05-04$31.84$33.0026.3%7.5%18.7%0.0%27.2%3.0%0.1%1.9M-28.5M-231.1K0.5043.73N/AN/A1,41170050,99319,860
2021-05-05$31.90$33.0025.7%7.4%18.3%0.0%28.3%4.3%0.1%2.0M-30.3M-230.2K0.1929.66N/AN/A59511151,40019,905
2021-05-06$31.32$30.0026.3%7.6%18.7%0.0%26.8%3.4%0.1%1.4M-21.3M-214.8K0.5215.74N/AN/A1,23664351,59619,884
2021-05-07$31.95$30.0021.5%7.0%20.3%0.0%25.0%3.7%1.1%2.1M-30.7M-215.8K0.3221.14N/AN/A79725351,31819,920
2021-05-10$31.30$30.0027.8%7.5%21.4%0.0%27.5%4.7%0.1%1.3M-20.5M-200.2K0.4925.94N/AN/A1,09053851,33519,853
2021-05-11$31.24$30.0031.3%8.3%20.7%0.0%27.4%5.7%-1.1%1.3M-20.2M-205.8K0.3535.76N/AN/A1,08338051,74620,075
2021-05-12$30.38$30.0032.4%9.3%22.5%0.0%31.9%5.1%-2.4%670.9K-9.1M-199.3K0.4518.30N/AN/A1,37662051,54420,063
2021-05-13$30.51$30.0028.3%8.1%21.9%0.0%30.8%4.9%-0.5%645.2K-9.5M-196.0K0.5736.16N/AN/A1,30073651,17320,290
2021-05-14$31.29$30.0026.5%7.6%24.2%0.0%26.4%4.8%0.4%1.3M-20.6M-193.6K0.3742.07N/AN/A1,00237551,34120,255
2021-05-17$31.20$30.0028.1%8.1%23.7%0.0%28.2%4.2%-0.7%1.1M-19.2M-184.8K0.2116.77N/AN/A85417651,38220,395
2021-05-18$31.52$30.0026.2%7.5%24.0%0.0%26.6%3.3%0.7%1.6M-23.8M-187.0K0.1536.00N/AN/A71310851,13120,456
2021-05-19$31.21$30.0029.0%8.3%23.2%0.0%28.5%3.7%-0.7%1.3M-20.2M-183.3K0.2131.43N/AN/A85917951,44120,399
2021-05-20$32.04$30.0025.0%7.2%25.3%0.0%26.2%2.9%1.0%2.4M-32.6M-190.8K0.4923.20N/AN/A64931550,79220,445
2021-05-21$31.95$30.0024.7%7.1%24.7%0.0%25.0%3.5%1.0%2.9M-31.2M-177.2K0.4040.70N/AN/A77831450,53320,449
2021-05-24$32.36$30.0022.3%6.4%24.7%0.0%23.3%4.4%2.0%2.4M-35.5M-159.2K0.2617.39N/AN/A97225547,98818,966
2021-05-25$32.28$30.0023.2%6.7%24.7%0.0%22.6%2.7%0.8%2.4M-35.4M-152.7K0.1430.82N/AN/A2373348,19619,000
2021-05-26$32.61$30.0019.9%5.7%25.1%0.0%21.7%4.1%2.2%2.7M-38.7M-150.7K0.5245.40N/AN/A41721548,20219,026
2021-05-27$32.79$30.0020.4%5.8%25.0%0.0%22.0%3.7%2.2%3.0M-40.0M-148.3K0.3311.01N/AN/A93031148,13119,195
2021-05-28$32.85$30.0018.9%5.4%24.6%4.8%20.2%3.1%2.6%3.1M-41.3M-148.3K0.5910.32N/AN/A47428048,10019,524