QQQJ Options History — May 2023

In May 2023, QQQJ traded between $24.29 and $25.18. ATM implied volatility averaged 17.9%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 2.1% (HV 20d: 15.9%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 5.88.

Notable Days

  • 2023-05-30: Highest Volume — 321 contracts
  • 2023-05-05: Largest IV drop — 27.7% change
  • 2023-05-30: Highest IV Rank — 15.6%
  • 2023-05-04: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.73$24.29$25.18$24.93$24.64
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV17.9%15.0%22.6%18.6%19.3%
Expected Move5.2%4.6%6.6%5.3%5.5%
HV 20d15.9%14.5%17.5%14.5%15.0%
HV 60d17.9%17.2%18.4%18.4%17.2%
IV Rank5.9%0.0%15.6%0.0%11.8%
IV Percentile3.4%0.0%10.7%0.0%8.7%
Term Structure1.5%-1.4%4.3%0.6%0.0%
VWIV19.8%15.1%26.8%21.2%20.5%
Skew 25d4.6%2.3%6.8%3.9%2.4%
Skew 10d7.7%0.1%14.3%0.7%4.7%
Call IV 25d17.1%15.1%21.1%17.8%20.5%
Put IV 25d21.7%19.1%25.1%21.7%22.9%
Bid-Ask Spread %14.0810.3418.2611.2610.56
Gamma HHI0.210.140.320.150.22
Net GEX-21.7K-69.8K59.6K-13.5K33.9K
Net DEX823.7K380.5K1.4M600.2K709.5K
Net VEX-9.4K-10.4K-8.4K-9.9K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.880.0051.000.131.65
Total Volume99.8182332121682
Total OI3,886.4553,5184,3033,5184,303

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$24.93$25.0018.6%5.3%14.5%0.0%21.2%3.9%0.6%-13.5K600.2K-9.9K0.1311.26N/AN/A191251,4632,055
2023-05-02$24.57$25.0019.0%5.5%15.3%1.4%20.0%3.3%-0.2%-33.7K914.1K-10.0K14.0810.44N/AN/A131831,5192,053
2023-05-03$24.58$25.0019.0%5.4%14.6%1.2%19.6%3.1%1.1%-41.9K966.8K-10.1K1.0711.39N/AN/A27291,5292,157
2023-05-04$24.29$25.0022.6%6.6%14.9%12.4%23.5%5.9%0.7%-69.8K1.4M-10.1K0.7918.26N/AN/A43341,5512,266
2023-05-05$24.70$25.0016.4%5.2%16.1%0.0%16.0%6.0%3.2%-48.3K991.3K-10.4K0.7715.83N/AN/A13101,5632,298
2023-05-08$24.71$25.0016.9%5.3%15.8%1.5%20.9%5.7%2.6%-50.4K979.0K-10.0K3.6611.75N/AN/A582121,5682,307
2023-05-09$24.55$25.0015.0%5.2%15.6%0.0%21.5%6.8%3.2%-61.9K1.2M-9.8K0.0014.65N/AN/A2401,6162,318
2023-05-10$24.59$25.0017.3%4.9%15.4%6.1%16.5%6.1%3.4%-53.8K1.1M-9.9K1.0818.00N/AN/A37401,6442,318
2023-05-11$24.57$25.0016.1%4.6%14.9%3.1%20.5%5.2%4.3%-57.1K1.1M-9.6K1.0516.84N/AN/A22231,6552,344
2023-05-12$24.59$25.0016.4%4.7%14.8%3.9%18.3%5.0%3.8%-54.5K1.2M-9.6K0.0015.48N/AN/A2401,6592,365
2023-05-15$25.01$25.0017.6%5.1%15.9%7.1%17.6%4.6%3.4%-16.5K579.6K-9.7K0.1616.12N/AN/A4371,6722,365
2023-05-16$24.63$25.0016.7%4.8%16.7%4.6%15.1%6.1%3.4%-51.4K1.1M-9.2K1.0010.34N/AN/A23231,6842,368
2023-05-17$24.88$25.0017.0%4.9%17.1%5.3%21.3%4.6%3.2%-1.2K753.8K-9.5K4.8817.68N/AN/A16781,6972,378
2023-05-18$25.08$25.0017.0%4.9%17.2%5.4%16.5%3.7%0.7%18.0K392.6K-8.8K2.1413.89N/AN/A571221,6922,312
2023-05-19$24.95$25.0017.1%4.9%17.3%5.7%17.9%5.5%0.3%59.6K611.0K-8.4K0.3312.58N/AN/A39131,6902,288
2023-05-22$25.18$25.0017.7%5.1%17.5%7.3%17.7%4.9%0.5%-20.7K380.5K-8.5K0.2612.14N/AN/A135351,4582,086
2023-05-23$24.87$25.0018.5%5.3%16.3%9.5%21.3%4.7%0.0%-7.2K496.6K-9.1K30.0015.66N/AN/A1301,6312,091
2023-05-24$24.56$25.0017.5%5.0%16.7%6.7%17.4%4.6%1.3%-26.3K850.8K-8.6K0.0711.41N/AN/A3021,6412,088
2023-05-25$24.63$25.0018.7%5.3%15.9%10.0%26.8%4.0%-0.0%-5.7K810.2K-8.9K51.0015.85N/AN/A1511,8242,080
2023-05-26$24.84$25.0019.2%5.5%15.8%11.6%25.0%2.3%-0.1%18.3K466.2K-9.0K14.8016.37N/AN/A5741,8352,086
2023-05-30$24.80$25.0020.7%5.9%15.7%15.6%20.5%3.1%-1.4%6.1K587.0K-8.9K0.5613.25N/AN/A2061151,8382,147
2023-05-31$24.64$25.0019.3%5.5%15.0%11.8%20.5%2.4%0.0%33.9K709.5K-9.2K1.6510.56N/AN/A31512,0422,261