QQQJ Options History — February 2024

In February 2024, QQQJ traded between $26.57 and $28.18. ATM implied volatility averaged 16.5%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 0.5% (HV 20d: 16.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-02-15: Highest Volume — 653 contracts
  • 2024-02-22: Largest IV drop — 16.2% change
  • 2024-02-21: Highest IV Rank — 35.2%
  • 2024-02-21: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.51$26.57$28.18$26.80$28.18
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV16.5%13.9%20.3%16.3%15.7%
Expected Move4.8%4.5%5.8%4.7%4.5%
HV 20d16.0%13.1%19.2%13.2%18.0%
HV 60d15.7%14.1%16.4%15.8%16.0%
IV Rank20.6%10.5%35.2%19.9%17.7%
IV Percentile27.6%1.6%71.8%24.2%17.5%
Term Structure-0.2%-7.4%1.6%0.5%0.4%
VWIV16.4%13.2%19.4%18.1%13.2%
Skew 25d1.8%-1.3%7.0%3.0%-1.3%
Skew 10d3.7%-1.5%9.9%7.5%-1.5%
Call IV 25d16.1%14.4%19.3%15.5%15.1%
Put IV 25d17.9%13.8%22.0%18.6%13.8%
Bid-Ask Spread %21.6519.1925.2619.2622.12
Gamma HHI0.300.210.410.240.28
Net GEX25.6K-38.1K196.8K52.4K14.8K
Net DEX-3.5M-4.7M-2.2M-2.5M-4.3M
Net VEX-13.3K-15.6K-11.8K-12.9K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.320.210.01
Total Volume146.853865317779
Total OI4,502.53,9895,0513,9894,762

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$26.80$25.0016.3%4.7%13.2%19.9%18.1%3.0%0.5%52.4K-2.5M-12.9K0.2119.26N/AN/A146312,3081,681
2024-02-02$26.70$25.0016.5%4.7%13.3%20.5%16.8%1.7%0.9%48.2K-2.4M-12.9K0.0221.68N/AN/A9222,3191,706
2024-02-05$26.57$25.0013.9%4.7%13.4%10.5%16.6%2.2%1.6%53.1K-2.2M-12.8K0.0219.60N/AN/A13832,3581,708
2024-02-06$26.88$25.0015.9%4.6%13.2%18.4%13.2%2.0%1.1%50.4K-2.9M-12.7K0.5920.99N/AN/A29172,4151,711
2024-02-07$27.01$25.0016.5%4.7%13.1%20.7%18.4%1.1%0.7%44.4K-3.1M-12.2K0.2821.14N/AN/A139392,3931,721
2024-02-08$27.23$25.0016.2%4.7%13.3%19.5%15.7%2.5%1.2%47.2K-3.7M-12.4K0.0024.53N/AN/A4802,5181,732
2024-02-09$27.46$25.0016.0%4.6%13.4%18.9%15.9%1.3%0.9%41.9K-4.1M-12.1K0.1120.31N/AN/A129142,5461,732
2024-02-12$27.66$25.0015.9%4.6%13.3%18.3%16.2%1.2%0.9%45.2K-4.5M-11.8K0.0123.61N/AN/A16222,6201,742
2024-02-13$27.09$25.0018.1%5.2%15.1%26.9%16.2%1.8%1.4%55.0K-2.9M-15.6K0.3724.22N/AN/A180662,6712,104
2024-02-14$27.69$25.0016.1%4.6%16.1%19.1%16.2%2.3%1.1%-1.4K-4.1M-14.4K0.0922.45N/AN/A176152,6762,147
2024-02-15$28.16$25.0016.5%4.7%16.6%20.6%16.1%3.4%-7.4%17.1K-4.7M-13.5K0.0021.20N/AN/A65122,6672,162
2024-02-16$27.84$25.0016.5%4.7%17.3%20.5%16.2%0.5%-4.4%196.8K-4.2M-14.4K0.1721.05N/AN/A256442,8872,164
2024-02-20$27.54$25.0018.9%5.4%17.6%29.7%19.4%2.7%-1.0%-24.2K-3.0M-14.9K1.3219.19N/AN/A28372,5072,110
2024-02-21$27.42$25.0020.3%5.8%17.6%35.2%18.9%7.0%-1.7%-38.1K-2.8M-14.8K0.1920.25N/AN/A3772,4972,136
2024-02-22$28.05$25.0017.0%4.9%19.1%22.6%17.3%0.9%-0.6%-10.1K-4.0M-13.4K0.3424.22N/AN/A50172,5232,131
2024-02-23$27.95$25.0015.7%4.5%19.2%17.5%15.7%0.1%0.8%-20.5K-3.8M-13.5K0.5820.66N/AN/A24142,5042,148
2024-02-26$27.97$25.0016.1%4.6%19.1%19.1%14.5%0.8%0.2%-24.7K-3.8M-12.9K0.0625.26N/AN/A7952,5072,157
2024-02-27$28.05$25.0015.9%4.6%18.9%18.5%16.1%1.0%0.5%-15.9K-4.0M-12.9K0.2319.24N/AN/A44102,5282,162
2024-02-28$27.95$25.0015.8%4.5%18.9%18.0%16.7%1.2%-0.7%-19.1K-3.8M-13.0K0.0122.11N/AN/A12412,5222,168
2024-02-29$28.18$25.0015.7%4.5%18.0%17.7%13.2%-1.3%0.4%14.8K-4.3M-12.5K0.0122.12N/AN/A7812,5932,169