QQQJ Options History — February 2023

In February 2023, QQQJ traded between $25.13 and $27.01. ATM implied volatility averaged 25.5%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 5.2% (HV 20d: 20.3%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 9.80.

Notable Days

  • 2023-02-02: Highest Volume — 408 contracts
  • 2023-02-22: Largest IV spike — 19.8% change
  • 2023-02-06: Highest IV Rank — 21.5%
  • 2023-02-22: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.15$25.13$27.01$26.83$25.20
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV25.5%22.3%28.0%24.9%25.0%
Expected Move7.1%6.4%7.8%7.1%7.2%
HV 20d20.3%17.4%22.3%17.6%21.2%
HV 60d23.0%21.0%26.4%26.1%21.0%
IV Rank13.3%2.4%21.5%11.1%11.7%
IV Percentile12.1%0.4%28.2%5.6%8.7%
Term Structure-0.6%-4.0%1.1%-2.2%-0.4%
VWIV25.4%22.7%29.2%25.5%23.9%
Skew 25d4.2%1.9%8.8%4.9%3.4%
Skew 10d10.3%3.4%15.2%10.8%6.0%
Call IV 25d22.5%19.4%24.8%22.0%22.7%
Put IV 25d26.7%24.4%30.5%26.8%26.2%
Bid-Ask Spread %15.7811.0924.0419.2612.76
Gamma HHI0.440.330.610.350.61
Net GEX-152.0K-335.3K49.3K-72.9K-335.3K
Net DEX-2.1M-3.9M-24.7K-3.3M-76.7K
Net VEX-15.3K-17.2K-13.1K-15.4K-13.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.800.1089.330.540.44
Total Volume159.8422340814523
Total OI7,619.8957,0718,2307,4027,433

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$26.83$25.0024.9%7.1%17.6%11.1%25.5%4.9%-2.2%-72.9K-3.3M-15.4K0.5419.26N/AN/A94512,6784,724
2023-02-02$27.01$25.0027.4%6.8%17.4%19.6%26.1%5.2%-0.7%-58.1K-3.8M-14.9K1.8522.67N/AN/A1432652,7484,757
2023-02-03$26.64$25.0025.4%6.7%18.6%13.1%23.9%4.0%-0.0%-81.7K-3.1M-16.9K14.1724.04N/AN/A121702,7254,832
2023-02-06$26.32$25.0028.0%7.2%19.0%21.5%24.5%3.3%0.2%-127.1K-2.3M-17.2K4.7716.70N/AN/A13622,7284,976
2023-02-07$26.71$25.0027.4%6.8%19.4%19.7%24.4%3.4%-0.1%-109.2K-2.9M-16.0K6.0016.64N/AN/A251502,7304,999
2023-02-08$26.49$25.0026.1%7.5%19.9%15.3%25.7%3.7%-0.2%-124.7K-2.6M-16.5K3.6714.95N/AN/A331212,7485,025
2023-02-09$26.27$25.0027.2%7.8%19.8%18.8%26.9%3.2%-1.0%-142.0K-2.1M-17.0K89.3315.82N/AN/A32682,7705,098
2023-02-10$26.04$25.0026.4%7.6%20.1%16.3%28.9%5.2%-0.3%-157.7K-1.5M-17.1K1.3812.86N/AN/A1031422,7735,071
2023-02-13$26.38$25.0026.9%7.7%20.5%17.9%26.8%5.2%-1.0%-139.3K-2.3M-15.3K7.0011.09N/AN/A10702,7805,071
2023-02-14$26.54$25.0022.3%6.4%20.5%2.4%24.3%4.8%0.6%-122.2K-2.8M-14.4K0.2116.00N/AN/A98212,7885,081
2023-02-15$26.86$25.0022.6%6.5%20.4%3.6%22.7%5.1%1.1%-119.9K-3.9M-13.1K0.1012.16N/AN/A268262,8785,102
2023-02-16$26.48$25.0023.9%6.8%20.8%7.8%24.9%2.8%-4.0%-65.0K-3.4M-14.5K1.0818.54N/AN/A25273,1185,107
2023-02-17$26.17$25.0024.6%7.1%21.0%10.3%26.0%3.7%-1.7%49.3K-2.4M-15.9K0.2218.43N/AN/A135303,1165,114
2023-02-21$25.55$25.0022.7%6.5%21.5%3.9%29.2%8.8%-0.5%-216.3K-921.6K-15.5K3.9017.49N/AN/A311212,5774,494
2023-02-22$25.46$25.0027.2%7.8%21.4%19.0%25.3%4.4%-0.8%-234.6K-684.3K-15.1K0.7512.82N/AN/A24182,5974,502
2023-02-23$25.65$25.0024.2%6.9%21.5%8.9%25.0%3.7%0.1%-235.7K-1.1M-14.5K7.7212.33N/AN/A181392,6114,512
2023-02-24$25.13$25.0025.8%7.4%22.3%14.1%24.2%2.3%0.3%-289.6K-24.7K-14.6K29.4013.64N/AN/A51472,6194,578
2023-02-27$25.21$25.0026.6%7.6%21.9%16.9%24.4%1.9%-1.1%-306.8K-97.3K-14.0K13.6011.63N/AN/A101362,6264,692
2023-02-28$25.20$25.0025.0%7.2%21.2%11.7%23.9%3.4%-0.4%-335.3K-76.7K-13.5K0.4412.76N/AN/A1672,6254,808