QQQJ Options History — August 2023

In August 2023, QQQJ traded between $25.27 and $26.66. ATM implied volatility averaged 19.1%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 6.7% (HV 20d: 12.4%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 7.02.

Notable Days

  • 2023-08-18: Highest Volume — 433 contracts
  • 2023-08-24: Largest IV spike — 18.3% change
  • 2023-08-24: Highest IV Rank — 19.0%
  • 2023-08-24: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.87$25.27$26.66$26.66$26.24
Max Pain$26.57$26.00$27.00$26.00$26.00
ATM IV19.1%16.2%21.6%17.0%16.2%
Expected Move5.5%4.6%6.2%4.9%4.6%
HV 20d12.4%11.0%14.7%13.4%12.4%
HV 60d13.2%12.7%13.8%13.6%12.7%
IV Rank12.2%4.2%19.0%6.2%4.2%
IV Percentile22.6%5.6%36.5%9.5%5.6%
Term Structure1.1%-1.2%2.1%0.8%2.1%
VWIV19.4%14.6%24.9%17.6%15.8%
Skew 25d3.3%-1.2%4.7%3.5%-1.2%
Skew 10d4.5%-1.5%9.1%0.6%-1.4%
Call IV 25d17.6%14.0%19.5%14.0%15.8%
Put IV 25d20.9%14.7%23.6%17.5%14.7%
Bid-Ask Spread %14.8711.7621.7012.5714.57
Gamma HHI0.290.210.360.210.28
Net GEX-121.3K-195.6K-38.6K-38.6K-119.2K
Net DEX1.2M220.6K2.2M220.6K843.8K
Net VEX-9.6K-10.9K-8.4K-8.6K-10.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.020.0853.004.552.56
Total Volume104.60994336132
Total OI3,398.7832,9303,9112,9303,911

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$26.66$26.0017.0%4.9%13.4%6.2%17.6%3.5%0.8%-38.6K220.6K-8.6K4.5512.57N/AN/A11501,0111,919
2023-08-02$26.21$26.0019.8%5.7%14.7%13.8%14.6%3.4%0.5%-58.7K594.2K-8.9K5.3018.56N/AN/A10531,0111,921
2023-08-03$26.18$27.0020.2%5.7%13.7%14.9%21.1%3.1%1.6%-60.8K638.7K-9.1K0.4414.88N/AN/A45201,0181,923
2023-08-04$26.02$27.0019.4%5.6%13.8%12.9%20.3%4.1%1.0%-66.5K691.1K-9.1K3.4716.40N/AN/A17591,0551,928
2023-08-07$26.12$27.0020.4%5.6%13.2%15.6%19.7%3.3%1.0%-74.7K707.0K-9.0K6.2014.10N/AN/A15931,0672,030
2023-08-08$26.01$27.0018.8%5.6%12.5%11.2%21.6%3.8%0.6%-103.1K899.2K-9.1K0.4712.22N/AN/A45211,0702,098
2023-08-09$26.11$27.0019.7%5.7%12.3%13.8%21.3%3.4%1.3%-95.4K796.4K-9.2K4.2514.87N/AN/A4171,0932,099
2023-08-10$26.02$27.0019.3%5.5%11.8%12.6%18.9%3.6%1.4%-102.6K839.8K-9.0K0.1714.40N/AN/A1831,0972,110
2023-08-11$26.01$27.0018.9%5.4%11.5%11.5%21.1%3.2%1.9%-106.7K847.2K-8.9K0.5514.32N/AN/A1161,1082,109
2023-08-14$26.13$27.0018.7%5.4%11.0%11.0%18.8%3.2%2.1%-103.6K759.3K-8.6K3.5015.40N/AN/A271,1182,113
2023-08-15$25.81$27.0019.8%5.7%11.5%13.9%21.2%4.5%1.0%-123.4K1.1M-8.4K53.0012.61N/AN/A63181,1182,112
2023-08-16$25.57$27.0018.8%5.4%11.7%11.2%21.1%2.7%1.8%-164.0K1.7M-10.1K26.1414.09N/AN/A71831,1142,412
2023-08-17$25.27$27.0021.6%6.2%11.7%18.9%19.7%4.7%0.3%-195.6K2.2M-10.7K7.5017.62N/AN/A8601,1122,579
2023-08-18$25.30$27.0021.0%6.0%11.5%17.2%15.2%4.3%0.9%-182.3K2.2M-10.5K24.4715.73N/AN/A174161,1192,530
2023-08-21$25.41$27.0021.1%6.1%11.7%17.6%21.1%4.1%-1.2%-164.5K1.8M-9.3K0.2917.57N/AN/A110321,0052,299
2023-08-22$25.39$26.0020.8%6.0%11.4%16.7%18.9%3.5%0.2%-150.3K1.6M-9.5K0.0813.26N/AN/A5341,0992,326
2023-08-23$25.68$26.0018.3%5.2%12.4%9.8%18.0%4.1%1.2%-145.4K1.4M-9.3K2.6511.76N/AN/A802121,0862,327
2023-08-24$25.36$26.0021.6%6.2%12.8%19.0%19.2%2.3%-0.1%-157.2K1.8M-10.6K13.8815.90N/AN/A81111,1622,534
2023-08-25$25.54$26.0017.8%5.1%12.3%8.5%19.5%2.1%1.9%-162.4K1.9M-10.9K1.3112.63N/AN/A16211,1692,645
2023-08-28$25.64$26.0017.0%4.9%12.2%6.3%24.9%2.6%1.5%-160.8K1.8M-10.6K0.1914.33N/AN/A112211,1842,658
2023-08-29$26.05$26.0017.1%4.9%13.6%6.5%20.4%3.4%1.8%-132.4K1.2M-10.5K0.4212.62N/AN/A40171,2302,642
2023-08-30$26.23$26.0017.3%5.0%12.5%7.1%16.2%4.2%0.7%-122.1K889.4K-10.4K0.1521.70N/AN/A1321,2472,654
2023-08-31$26.24$26.0016.2%4.6%12.4%4.2%15.8%-1.2%2.1%-119.2K843.8K-10.5K2.5614.57N/AN/A9231,2572,654