QQQJ Options History — April 2023

In April 2023, QQQJ traded between $24.23 and $25.36. ATM implied volatility averaged 20.9%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 4.3% (HV 20d: 16.6%). 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 15 of 19 days. Put/call ratio averaged 2.25.

Notable Days

  • 2023-04-20: Highest Volume — 213 contracts
  • 2023-04-25: Largest IV spike — 22.0% change
  • 2023-04-25: Highest IV Rank — 15.0%
  • 2023-04-25: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.99$24.23$25.36$25.36$24.81
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV20.9%18.6%23.9%21.7%18.6%
Expected Move6.1%5.3%6.8%6.2%5.3%
HV 20d16.6%13.2%21.7%21.3%15.2%
HV 60d19.5%18.4%19.9%19.9%18.4%
IV Rank4.2%0.0%15.0%2.8%0.0%
IV Percentile2.2%0.0%10.7%1.2%0.0%
Term Structure0.4%-1.8%1.8%0.8%0.2%
VWIV20.2%17.0%25.6%19.2%17.3%
Skew 25d4.9%1.4%8.4%5.0%7.7%
Skew 10d6.7%-2.7%15.2%8.8%3.9%
Call IV 25d18.1%12.9%20.3%17.5%12.9%
Put IV 25d23.1%20.6%25.6%22.5%20.6%
Bid-Ask Spread %14.9510.0520.3913.2515.46
Gamma HHI0.200.120.630.120.17
Net GEX-54.3K-372.1K2.8K-9.5K-11.7K
Net DEX113.0K-362.8K776.5K-300.1K553.9K
Net VEX-9.3K-9.8K-8.6K-9.8K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.250.199.601.111.40
Total Volume82.7372421340156
Total OI3,373.5793,0843,7743,2033,327

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$25.36$25.0021.7%6.2%21.3%2.8%19.2%5.0%0.8%-9.5K-300.1K-9.8K1.1113.25N/AN/A19211,3511,852
2023-04-04$25.02$25.0021.8%6.3%21.6%3.1%21.9%3.1%1.8%-23.6K-54.2K-9.6K4.2710.65N/AN/A11471,3581,841
2023-04-05$24.80$25.0020.7%5.9%21.7%0.0%21.0%1.4%1.8%-40.3K256.2K-9.7K2.2510.05N/AN/A16361,3631,863
2023-04-06$24.91$25.0019.7%6.5%20.2%0.0%25.6%5.5%0.5%-35.3K105.4K-9.3K9.6017.56N/AN/A5481,3721,870
2023-04-10$25.09$25.0021.4%6.6%17.5%5.3%22.4%5.5%-0.8%-32.6K-57.0K-9.0K4.3018.47N/AN/A23991,3751,903
2023-04-11$25.29$25.0020.7%6.7%17.6%3.2%23.5%5.5%0.2%-27.8K-190.2K-9.8K1.1113.68N/AN/A28311,3752,069
2023-04-12$25.08$25.0022.5%6.5%17.9%8.9%0.0%4.2%0.7%-46.5K116.2K-9.7K1.4014.96N/AN/A10141,3992,074
2023-04-13$25.32$25.0022.4%6.4%17.4%8.4%20.3%4.6%-0.6%-30.9K-162.0K-9.4K0.9620.39N/AN/A26251,4012,087
2023-04-14$25.15$25.0021.3%6.1%16.4%4.9%19.6%3.1%1.0%-59.7K-10.3K-9.3K0.6019.42N/AN/A20121,4222,107
2023-04-17$25.31$25.0021.4%6.2%15.4%5.5%17.8%4.9%0.1%-35.7K-252.3K-9.0K1.2414.82N/AN/A21261,4152,118
2023-04-18$25.32$25.0020.5%5.9%15.2%2.7%20.9%3.5%0.4%-46.4K-362.8K-8.6K0.3615.26N/AN/A118421,4232,117
2023-04-19$25.16$25.0019.0%5.5%14.0%0.0%17.0%4.5%1.2%-69.7K-140.5K-8.9K2.5015.19N/AN/A16401,4712,156
2023-04-20$24.97$25.0020.4%5.8%13.2%4.2%19.8%5.1%0.5%-118.7K161.9K-8.8K3.4416.61N/AN/A481651,4672,150
2023-04-21$25.01$25.0019.8%5.7%13.2%2.3%18.6%3.7%-1.8%-372.1K211.9K-9.4K0.1918.44N/AN/A99191,4822,292
2023-04-24$24.96$25.0019.6%5.6%13.2%1.6%19.4%3.5%0.7%2.8K267.0K-9.2K0.4711.85N/AN/A36171,3401,744
2023-04-25$24.43$25.0023.9%6.8%15.2%15.0%21.0%8.1%-0.3%-20.2K590.8K-9.1K2.6511.37N/AN/A17451,3651,743
2023-04-26$24.23$25.0023.1%6.6%15.4%12.7%20.1%6.2%0.3%-33.5K776.5K-8.9K3.7613.38N/AN/A291091,3791,762
2023-04-27$24.59$25.0019.1%5.5%14.9%0.1%18.7%8.4%0.5%-21.2K636.7K-9.5K1.1713.15N/AN/A36421,4031,862
2023-04-28$24.81$25.0018.6%5.3%15.2%0.0%17.3%7.7%0.2%-11.7K553.9K-9.5K1.4015.46N/AN/A65911,4151,912