QQQJ Options History — March 2023

In March 2023, QQQJ traded between $24.13 and $25.98. ATM implied volatility averaged 25.5%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 4.8% (HV 20d: 20.7%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 10.21.

Notable Days

  • 2023-03-15: Highest Volume — 1,087 contracts
  • 2023-03-09: Largest IV spike — 23.4% change
  • 2023-03-13: Highest IV Rank — 52.3%
  • 2023-03-13: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.86$24.13$25.98$25.33$25.38
Max Pain$25.48$25.00$26.00$25.00$25.00
ATM IV25.5%20.9%37.1%25.9%20.9%
Expected Move7.0%6.0%8.0%7.4%6.0%
HV 20d20.7%17.9%22.2%21.0%21.6%
HV 60d20.5%19.7%21.4%20.9%19.9%
IV Rank13.5%0.0%52.3%14.6%0.0%
IV Percentile17.4%0.0%86.9%14.7%0.0%
Term Structure0.6%-1.0%2.1%0.1%1.5%
VWIV24.0%19.9%27.4%26.2%19.9%
Skew 25d4.3%-0.5%6.7%0.8%4.6%
Skew 10d7.8%-8.9%15.6%-8.9%15.6%
Call IV 25d21.5%17.0%26.1%26.1%17.0%
Put IV 25d25.8%21.6%29.0%27.0%21.6%
Bid-Ask Spread %15.6710.1434.4515.9812.68
Gamma HHI0.360.110.650.600.11
Net GEX-201.3K-481.7K-9.3K-323.2K-9.3K
Net DEX341.6K-2.2M2.7M-377.9K-316.1K
Net VEX-10.4K-13.1K-8.7K-13.1K-10.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.210.27134.880.652.76
Total Volume197.826161,087177109
Total OI5,461.7392,4817,6097,4363,165

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$25.33$25.0025.9%7.4%21.0%14.6%26.2%0.8%0.1%-323.2K-377.9K-13.1K0.6515.98N/AN/A107702,6304,806
2023-03-02$25.61$25.0023.5%6.7%18.6%6.6%24.0%-0.5%1.0%-287.1K-1.1M-13.0K3.1113.17N/AN/A19592,7294,791
2023-03-03$25.98$25.0023.9%6.9%19.3%8.0%23.0%3.2%-1.0%-202.6K-2.2M-12.1K3.3815.70N/AN/A24812,7474,778
2023-03-06$25.72$26.0024.4%6.4%19.0%9.7%22.4%3.1%0.7%-279.3K-1.7M-11.6K4.8215.12N/AN/A11532,7674,780
2023-03-07$25.47$26.0028.2%6.8%18.9%22.3%23.8%3.1%1.0%-330.6K-974.1K-11.7K5.7511.90N/AN/A4232,7464,738
2023-03-08$25.50$26.0024.7%6.9%17.9%10.5%22.2%3.4%0.3%-371.0K-971.0K-11.3K1.2912.94N/AN/A792,7464,738
2023-03-09$24.91$26.0030.4%7.1%19.3%29.9%25.2%4.1%0.2%-418.2K553.6K-11.4K17.0018.56N/AN/A132212,7474,769
2023-03-10$24.23$26.0030.8%7.8%21.2%31.1%27.4%4.5%-0.6%-436.4K2.4M-10.6K13.2634.45N/AN/A314112,7534,856
2023-03-13$24.30$26.0037.1%8.0%21.2%52.3%26.2%5.0%-0.6%-432.0K2.2M-10.0K3.6329.86N/AN/A642322,7644,781
2023-03-14$24.43$26.0029.8%7.4%20.6%27.7%23.7%4.7%-0.1%-481.7K2.1M-9.3K7.2715.75N/AN/A443202,7554,634
2023-03-15$24.13$26.0026.0%7.5%20.5%15.1%26.7%5.1%0.5%-243.8K2.7M-8.7K134.8817.82N/AN/A81,0792,7634,566
2023-03-16$24.61$26.0023.3%6.7%21.5%5.9%25.7%4.7%1.4%-387.8K1.1M-9.4K5.2515.63N/AN/A402102,7674,240
2023-03-17$24.25$26.0026.6%7.6%21.5%16.8%26.5%6.2%0.6%-105.8K1.2M-9.3K16.8414.21N/AN/A193202,7894,132
2023-03-20$24.46$26.0026.6%7.6%21.8%17.0%24.8%6.7%-0.4%-49.6K647.0K-9.1K0.3011.74N/AN/A247759211,560
2023-03-21$24.92$25.0022.8%6.5%21.7%4.1%22.6%4.9%1.3%-21.0K135.6K-9.8K0.8310.14N/AN/A42351,1401,594
2023-03-22$24.56$25.0022.7%6.5%22.2%3.9%24.1%4.4%0.9%-29.3K300.8K-9.8K7.4615.54N/AN/A13971,1761,622
2023-03-23$24.49$25.0026.0%7.5%21.9%15.0%24.7%5.6%1.6%-42.4K575.0K-10.0K1.7613.93N/AN/A34601,1821,717
2023-03-24$24.46$25.0025.8%7.4%20.8%14.1%22.3%6.5%1.1%-42.4K542.8K-10.2K0.9216.80N/AN/A25231,2101,775
2023-03-27$24.63$25.0022.1%6.3%21.0%1.8%22.1%5.5%1.0%-40.4K379.1K-9.9K1.0413.48N/AN/A23241,2261,782
2023-03-28$24.51$25.0022.6%6.5%21.0%3.6%23.9%4.5%0.7%-43.4K468.1K-10.0K0.2912.91N/AN/A2881,2501,790
2023-03-29$24.96$25.0021.9%6.3%22.1%1.2%22.3%3.6%1.4%-28.7K97.5K-9.7K2.1811.42N/AN/A511111,2741,793
2023-03-30$25.05$25.0021.3%6.1%21.7%0.0%21.5%4.3%2.1%-24.6K29.4K-10.0K0.2710.77N/AN/A52141,3021,829
2023-03-31$25.38$25.0020.9%6.0%21.6%0.0%19.9%4.6%1.5%-9.3K-316.1K-10.1K2.7612.68N/AN/A29801,3381,827