QQQJ Options History — July 2023

In July 2023, QQQJ traded between $25.62 and $26.95. ATM implied volatility averaged 16.7%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 3.8% (HV 20d: 12.9%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 9.57.

Notable Days

  • 2023-07-28: Highest Volume — 353 contracts
  • 2023-07-10: Largest IV spike — 21.0% change
  • 2023-07-27: Highest IV Rank — 10.2%
  • 2023-07-11: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.49$25.62$26.95$26.14$26.88
Max Pain$25.70$25.00$26.00$25.00$26.00
ATM IV16.7%14.7%18.4%16.4%17.1%
Expected Move4.9%4.3%5.5%4.7%4.9%
HV 20d12.9%11.2%13.7%11.2%13.0%
HV 60d14.3%13.7%14.9%14.2%13.7%
IV Rank5.5%0.0%10.2%3.8%6.5%
IV Percentile7.7%0.0%17.1%3.2%9.9%
Term Structure0.4%-1.2%2.3%1.4%0.2%
VWIV17.7%13.1%19.8%13.1%17.5%
Skew 25d2.1%1.0%5.3%1.9%1.2%
Skew 10d4.4%-2.5%14.5%4.5%1.5%
Call IV 25d16.9%14.3%18.3%15.9%16.2%
Put IV 25d19.0%17.3%21.3%17.8%17.5%
Bid-Ask Spread %14.709.6122.9813.2616.39
Gamma HHI0.300.160.530.370.18
Net GEX68.5K-15.0K145.5K93.6K-15.0K
Net DEX-1.2M-2.2M-209.5K-779.2K-209.5K
Net VEX-6.2K-7.6K-5.2K-7.3K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.570.00175.500.005.50
Total Volume724353204104
Total OI2,711.552,1592,9902,6322,756

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$26.14$25.0016.4%4.7%11.2%3.8%13.1%1.9%1.4%93.6K-779.2K-7.3K0.0013.26N/AN/A20401,2611,371
2023-07-05$25.98$25.0016.0%4.6%11.4%2.6%16.2%1.3%2.3%131.3K-1.1M-7.3K0.119.61N/AN/A911,4651,371
2023-07-06$25.62$25.0015.9%5.4%12.5%2.4%17.7%4.2%-0.4%122.8K-572.1K-7.6K0.8513.23N/AN/A13111,4711,372
2023-07-07$25.74$25.0014.7%5.3%12.6%0.0%19.8%2.9%0.1%144.9K-780.7K-7.3K0.3314.57N/AN/A311,4781,371
2023-07-10$26.05$25.0017.8%5.3%13.2%8.4%18.6%3.1%0.2%145.5K-1.2M-7.1K0.7516.27N/AN/A861,4811,371
2023-07-11$26.37$26.0017.3%5.5%13.7%7.1%17.0%3.5%-1.2%131.8K-1.5M-6.4K3.0017.36N/AN/A5151,4891,367
2023-07-12$26.55$26.0016.6%4.8%13.4%5.2%16.9%2.8%1.0%127.9K-1.8M-6.2K1.8217.48N/AN/A28511,4941,362
2023-07-13$26.79$26.0016.2%4.6%13.3%4.1%16.9%1.7%0.4%94.8K-2.0M-6.2K0.1417.55N/AN/A3651,5131,419
2023-07-14$26.55$26.0015.0%4.3%13.7%1.0%18.5%2.9%0.0%90.8K-2.0M-5.5K0.2019.07N/AN/A1021,5151,424
2023-07-17$26.80$26.0015.2%4.3%13.6%1.3%19.0%2.0%1.9%87.8K-2.1M-5.7K0.5422.98N/AN/A69371,5181,426
2023-07-18$26.88$26.0017.4%5.0%13.3%7.5%0.0%1.5%-0.1%79.0K-2.1M-5.7K0.0010.78N/AN/A4201,5391,405
2023-07-19$26.95$26.0017.3%5.0%12.7%7.2%17.4%1.4%0.2%61.8K-2.2M-5.7K0.3113.21N/AN/A2681,5691,405
2023-07-20$26.63$25.0017.7%5.1%13.3%8.3%19.8%1.2%0.7%54.8K-2.0M-5.5K0.1815.45N/AN/A1731,5841,406
2023-07-21$26.74$26.0017.4%5.0%13.2%7.4%19.5%1.4%0.0%20.0K-1.9M-5.5K0.1010.46N/AN/A201211,5131,408
2023-07-24$26.60$26.0018.0%5.2%12.8%9.1%18.1%1.4%-0.3%-7.7K-248.2K-5.2K0.3813.60N/AN/A29118811,278
2023-07-25$26.73$26.0017.8%5.1%12.8%8.6%16.7%1.1%-0.1%410-290.4K-5.4K1.4314.01N/AN/A7109001,287
2023-07-26$26.68$26.0016.7%4.8%12.3%5.4%19.7%1.0%0.4%-3.5K-222.8K-5.4K0.0310.22N/AN/A6029031,297
2023-07-27$26.44$26.0018.4%5.3%12.9%10.2%16.4%5.3%-0.0%-2.1K-210.2K-5.5K0.2316.29N/AN/A2669601,309
2023-07-28$26.74$26.0016.1%4.6%13.3%3.9%17.1%1.1%0.9%11.8K-408.2K-5.5K175.5012.24N/AN/A23519801,312
2023-07-31$26.88$26.0017.1%4.9%13.0%6.5%17.5%1.2%0.2%-15.0K-209.5K-7.5K5.5016.39N/AN/A16881,0011,755