QQQJ Options History — January 2024

In January 2024, QQQJ traded between $25.74 and $26.95. ATM implied volatility averaged 16.1%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 0.5% (HV 20d: 15.6%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-01-31: Highest Volume — 154 contracts
  • 2024-01-10: Largest IV spike — 16.2% change
  • 2024-01-31: Highest IV Rank — 32.3%
  • 2024-01-31: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.40$25.74$26.95$26.55$26.46
Max Pain$25.90$25.00$26.00$25.00$26.00
ATM IV16.1%14.3%19.5%15.2%19.5%
Expected Move4.7%4.3%5.6%4.4%5.6%
HV 20d15.6%13.5%17.8%16.4%13.6%
HV 60d17.2%16.0%18.3%18.0%16.3%
IV Rank19.1%12.0%32.3%15.6%32.3%
IV Percentile19.9%2.4%62.7%9.1%62.7%
Term Structure0.5%-2.4%1.9%1.2%-2.4%
VWIV16.2%13.4%20.0%14.1%20.0%
Skew 25d1.8%-2.2%5.8%2.0%2.8%
Skew 10d5.0%-4.0%12.8%2.2%3.0%
Call IV 25d15.5%12.1%17.1%13.7%14.9%
Put IV 25d17.3%13.7%19.5%15.7%17.7%
Bid-Ask Spread %21.8614.5128.3419.3828.34
Gamma HHI0.270.250.290.280.27
Net GEX20.8K2.9K46.1K6.1K36.3K
Net DEX-1.6M-2.7M-678.0K-1.5M-1.9M
Net VEX-13.4K-14.0K-12.6K-13.9K-13.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.004.170.310.06
Total Volume69.191315434154
Total OI3,659.9053,3863,9823,3863,915

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$26.55$25.0015.2%4.4%16.4%15.6%14.1%2.0%1.2%6.1K-1.5M-13.9K0.3119.38N/AN/A2681,7571,629
2024-01-03$26.16$25.0015.5%4.4%17.4%16.6%15.2%-2.2%1.8%6.6K-1.1M-13.9K0.1920.97N/AN/A89171,7751,631
2024-01-04$26.16$26.0015.5%5.0%17.0%16.9%17.7%2.3%0.6%12.1K-1.1M-14.0K2.5327.32N/AN/A15381,8191,639
2024-01-05$26.12$26.0015.2%4.9%17.0%15.4%0.0%2.1%0.3%2.9K-1.0M-13.8K0.8124.62N/AN/A16131,8311,654
2024-01-08$26.49$26.0016.8%4.8%17.6%21.8%16.2%2.4%1.9%6.8K-1.5M-13.7K0.1522.12N/AN/A1321,8471,652
2024-01-09$26.36$26.0014.3%4.8%17.8%12.0%16.4%2.7%0.8%21.2K-1.5M-13.8K0.1422.60N/AN/A1421,9211,656
2024-01-10$26.36$26.0016.6%4.7%17.6%20.9%14.9%2.5%0.2%19.4K-1.5M-13.6K1.6021.63N/AN/A581,9311,658
2024-01-11$26.32$26.0016.2%4.6%17.6%19.3%15.9%5.8%0.7%16.2K-1.4M-13.7K0.2821.74N/AN/A2981,9361,666
2024-01-12$26.21$26.0016.0%4.6%16.3%18.7%0.0%3.6%0.7%10.3K-1.3M-13.5K0.0021.44N/AN/A10201,9461,672
2024-01-16$25.95$26.0016.4%4.7%15.0%20.1%16.4%1.7%0.6%31.9K-968.7K-13.4K0.2817.72N/AN/A2982,0051,672
2024-01-17$25.74$26.0016.6%4.8%15.2%21.0%19.4%2.7%0.5%36.1K-678.0K-13.4K2.7519.87N/AN/A4112,0281,672
2024-01-18$26.02$26.0016.6%4.7%15.8%20.8%16.6%2.1%1.0%38.5K-1.1M-13.3K1.5823.76N/AN/A36572,0301,691
2024-01-19$26.30$26.0016.2%4.6%15.6%19.3%16.5%2.6%1.0%12.0K-1.5M-13.6K0.4824.98N/AN/A50242,0591,745
2024-01-22$26.62$26.0015.3%4.4%14.5%15.9%16.7%1.7%0.7%15.3K-1.8M-13.0K1.2914.51N/AN/A28361,9441,602
2024-01-23$26.76$26.0015.1%4.3%13.8%15.3%16.4%1.7%0.7%8.7K-2.0M-12.6K0.0821.39N/AN/A120101,9431,637
2024-01-24$26.66$26.0015.2%4.3%13.8%15.4%13.4%0.3%0.7%15.8K-2.1M-12.7K0.0322.79N/AN/A13942,0541,637
2024-01-25$26.73$26.0016.2%4.6%13.5%19.5%16.2%0.4%0.1%28.9K-2.3M-13.2K0.2517.44N/AN/A84212,1761,637
2024-01-26$26.66$26.0015.9%4.5%13.5%18.2%0.0%0.4%0.7%35.5K-2.3M-13.3K4.1721.85N/AN/A6252,2341,656
2024-01-29$26.95$26.0017.1%4.9%14.0%22.9%15.6%1.1%-0.4%30.2K-2.7M-12.9K0.0523.77N/AN/A8542,2381,681
2024-01-30$26.84$26.0017.0%4.9%13.9%22.7%13.7%0.2%-0.6%46.1K-2.6M-13.1K0.0320.81N/AN/A11032,3051,677
2024-01-31$26.46$26.0019.5%5.6%13.6%32.3%20.0%2.8%-2.4%36.3K-1.9M-13.1K0.0628.34N/AN/A14592,2351,680