QQQJ Options History — December 2023

In December 2023, QQQJ traded between $25.34 and $27.16. ATM implied volatility averaged 14.9%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 0.5% (HV 20d: 15.3%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 2.23.

Notable Days

  • 2023-12-14: Highest Volume — 496 contracts
  • 2023-12-11: Largest IV spike — 60.0% change
  • 2023-12-20: Highest IV Rank — 19.3%
  • 2023-12-05: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.31$25.34$27.16$25.55$26.98
Max Pain$24.90$23.00$25.00$25.00$25.00
ATM IV14.9%11.1%18.1%12.7%14.4%
Expected Move4.3%3.7%4.8%3.7%4.1%
HV 20d15.3%12.4%18.5%18.5%16.1%
HV 60d17.4%16.8%18.1%16.9%17.7%
IV Rank11.0%0.0%19.3%0.0%12.5%
IV Percentile7.9%0.0%33.3%0.0%3.6%
Term Structure1.6%0.2%2.8%1.0%1.4%
VWIV15.0%10.8%17.2%13.9%14.4%
Skew 25d1.4%-1.7%3.0%1.8%1.1%
Skew 10d2.1%-3.7%10.7%2.1%1.8%
Call IV 25d14.5%12.6%15.8%13.6%15.1%
Put IV 25d15.9%11.8%17.6%15.4%16.2%
Bid-Ask Spread %20.3916.7224.5521.3224.21
Gamma HHI0.280.210.340.340.27
Net GEX-12.3K-82.4K78.7K-82.4K9.0K
Net DEX-1.9M-3.6M-1.3M-1.3M-2.0M
Net VEX-11.3K-13.6K-8.4K-11.4K-13.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.230.0018.670.040.22
Total Volume155.2349631811
Total OI3,689.652,6574,5943,9553,386

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$25.55$25.0012.7%3.7%18.5%0.0%13.9%1.8%1.0%-82.4K-1.3M-11.4K0.0421.32N/AN/A306121,9082,047
2023-12-04$25.59$25.0012.8%4.6%17.0%0.3%17.2%2.1%1.1%-34.9K-1.5M-11.4K0.4019.01N/AN/A2601032,0642,054
2023-12-05$25.34$25.0018.1%4.8%16.8%13.9%16.7%2.0%1.8%10.1K-1.4M-11.5K18.6721.96N/AN/A3562,2411,954
2023-12-06$25.36$25.0016.2%4.6%16.7%9.1%16.0%1.2%2.8%-13.5K-1.3M-11.2K0.6519.78N/AN/A83542,2412,008
2023-12-07$25.41$23.0016.2%4.7%16.5%8.9%16.6%1.9%1.6%-17.2K-1.4M-11.1K1.3319.56N/AN/A1862482,2562,010
2023-12-08$25.48$25.0011.1%4.5%15.4%0.0%15.1%1.3%2.7%-23.2K-1.4M-10.5K0.5023.82N/AN/A212,2072,017
2023-12-11$25.69$25.0017.8%4.2%15.1%16.6%15.2%1.2%2.8%-24.4K-1.8M-10.5K0.0017.57N/AN/A20402,2092,017
2023-12-12$25.80$25.0015.0%4.1%15.0%9.5%15.7%0.7%1.4%-78.5K-2.0M-9.8K0.0016.72N/AN/A4502,1152,017
2023-12-13$26.30$25.0014.2%4.1%12.4%7.5%14.4%2.5%2.5%-44.1K-3.1M-9.2K0.1423.04N/AN/A3752,1352,017
2023-12-14$26.79$25.0014.3%4.1%13.5%11.0%14.4%1.8%1.5%78.7K-3.6M-8.4K3.9123.32N/AN/A1013952,1452,017
2023-12-15$26.64$25.0014.2%4.1%13.0%11.7%13.4%-0.5%1.1%-4.0K-3.0M-10.9K0.2324.55N/AN/A100232,1872,407
2023-12-18$26.70$25.0013.8%3.9%13.0%10.1%15.0%1.7%1.8%-4.8K-1.5M-10.5K0.0117.47N/AN/A7311,3201,337
2023-12-19$27.02$25.0014.5%4.2%13.1%12.9%14.0%1.5%1.9%3.2K-1.8M-10.4K0.2217.43N/AN/A93201,3871,335
2023-12-20$26.46$25.0016.2%4.6%15.6%19.3%16.4%1.4%0.9%9.7K-1.4M-11.8K13.6722.72N/AN/A212871,4741,347
2023-12-21$26.82$25.0014.7%4.2%15.9%13.6%16.1%0.3%1.9%-15.5K-1.4M-12.7K0.3220.22N/AN/A2271,4681,609
2023-12-22$26.90$25.0015.0%4.3%15.9%14.7%15.0%1.4%1.4%-14.2K-1.5M-12.5K3.7519.21N/AN/A4151,4791,611
2023-12-26$27.12$25.0015.5%4.4%15.8%16.7%15.7%3.0%0.2%-11.7K-1.7M-12.1K0.0316.77N/AN/A21161,4811,622
2023-12-27$27.06$25.0015.4%4.4%15.7%16.6%13.5%2.5%0.6%1.3K-1.9M-13.5K0.1922.08N/AN/A57111,6821,627
2023-12-28$27.16$25.0015.1%4.3%15.6%15.3%10.8%-1.7%1.5%11.1K-2.1M-13.5K0.3217.07N/AN/A31101,7261,629
2023-12-29$26.98$25.0014.4%4.1%16.1%12.5%14.4%1.1%1.4%9.0K-2.0M-13.6K0.2224.21N/AN/A921,7551,631