QQQJ Options History — January 2023

In January 2023, QQQJ traded between $23.77 and $26.30. ATM implied volatility averaged 26.4%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 6.6% (HV 20d: 19.9%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 3.02.

Notable Days

  • 2023-01-09: Highest Volume — 557 contracts
  • 2023-01-12: Largest IV drop — 9.8% change
  • 2023-01-03: Highest IV Rank — 35.0%
  • 2023-01-05: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.22$23.77$26.30$23.77$26.09
Max Pain$25.10$25.00$26.00$26.00$25.00
ATM IV26.4%24.3%29.5%29.5%27.2%
Expected Move7.6%7.0%8.5%8.4%7.8%
HV 20d19.9%15.7%23.9%23.9%15.8%
HV 60d27.1%25.5%29.2%29.2%25.5%
IV Rank17.4%9.4%35.0%35.0%18.9%
IV Percentile14.4%1.6%36.1%36.1%20.2%
Term Structure-0.7%-2.9%0.8%-0.0%-2.0%
VWIV25.9%19.3%29.3%29.2%28.5%
Skew 25d3.8%1.3%7.4%3.1%4.3%
Skew 10d8.5%-6.0%15.9%-1.0%15.9%
Call IV 25d23.3%18.4%26.5%26.5%23.0%
Put IV 25d27.2%24.7%30.6%29.6%27.3%
Bid-Ask Spread %28.0710.8581.4111.4914.68
Gamma HHI0.480.400.700.560.40
Net GEX-203.3K-325.6K-106.1K-189.4K-126.9K
Net DEX329.9K-2.5M3.8M3.8M-2.0M
Net VEX-20.2K-23.4K-17.3K-22.5K-17.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.020.079.000.100.48
Total Volume179.93055716443
Total OI7,196.96,8667,6886,9037,370

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$23.77$26.0029.5%8.4%23.9%35.0%29.2%3.1%-0.0%-189.4K3.8M-22.5K0.1011.49N/AN/A149152,0484,855
2023-01-04$24.09$26.0028.9%8.3%23.5%33.1%27.0%2.9%0.7%-199.6K3.0M-23.0K0.3766.17N/AN/A113422,1574,859
2023-01-05$24.08$25.0029.4%8.5%22.5%31.4%28.9%4.7%-0.7%-192.9K3.1M-23.4K9.0018.04N/AN/A3272,2554,901
2023-01-06$24.49$25.0027.4%8.1%23.3%19.6%27.2%4.3%0.0%-221.9K2.5M-23.3K1.8316.49N/AN/A861572,2564,923
2023-01-09$24.61$25.0027.8%7.9%22.9%21.1%29.3%4.4%0.1%-226.8K2.2M-22.9K8.9513.82N/AN/A565012,2734,934
2023-01-10$24.80$25.0028.5%8.0%23.0%23.3%26.7%3.6%-0.4%-225.3K1.6M-20.8K1.3820.79N/AN/A13182,2814,671
2023-01-11$25.16$25.0028.4%8.1%22.9%22.9%28.2%4.0%-1.0%-240.8K808.9K-20.3K0.2114.68N/AN/A63132,2854,681
2023-01-12$25.30$25.0025.6%7.3%22.3%13.6%23.6%3.4%0.1%-283.0K776.0K-20.3K1.2731.51N/AN/A1461852,3094,732
2023-01-13$25.46$25.0024.7%7.1%22.1%10.6%22.5%3.0%0.1%-314.1K222.8K-19.9K3.7371.15N/AN/A481792,4324,814
2023-01-17$25.48$25.0025.5%7.3%18.7%13.4%23.9%4.5%0.2%-325.6K169.6K-19.4K0.0781.41N/AN/A307212,4454,986
2023-01-18$25.26$25.0025.1%7.2%18.7%11.7%25.1%3.8%0.8%-251.3K603.4K-20.0K2.4473.92N/AN/A431052,6894,999
2023-01-19$24.99$25.0024.3%7.0%17.2%9.4%25.7%3.9%0.4%-262.2K607.4K-20.4K3.2215.39N/AN/A541742,7174,772
2023-01-20$25.34$25.0024.8%7.1%17.5%10.9%23.8%3.6%-0.6%-212.4K-348.0K-19.9K0.9415.38N/AN/A104982,7154,839
2023-01-23$25.88$25.0024.8%7.1%18.3%11.0%23.3%4.0%-1.4%-143.8K-1.4M-18.3K0.8819.42N/AN/A1511332,4314,435
2023-01-24$25.69$25.0024.7%7.1%17.5%10.5%27.6%3.1%-1.8%-141.7K-1.4M-18.5K3.1419.36N/AN/A431352,5774,405
2023-01-25$25.77$25.0024.3%7.0%17.5%9.4%25.2%2.4%-1.6%-137.0K-1.5M-19.1K9.0014.45N/AN/A7632,6174,536
2023-01-26$26.05$25.0024.9%7.1%17.5%11.1%25.3%5.0%-2.1%-120.0K-2.0M-18.0K2.4116.51N/AN/A29702,6204,547
2023-01-27$26.30$25.0025.2%7.2%15.7%12.4%19.3%7.4%-1.2%-106.1K-2.5M-17.3K3.5010.85N/AN/A361262,6364,585
2023-01-30$25.86$25.0027.1%7.8%16.2%18.7%27.0%1.3%-2.9%-144.2K-1.6M-18.3K7.4015.91N/AN/A5372,6574,694
2023-01-31$26.09$25.0027.2%7.8%15.8%18.9%28.5%4.3%-2.0%-126.9K-2.0M-17.7K0.4814.68N/AN/A29142,6594,711