QQQJ Options History — March 2024

In March 2024, QQQJ traded between $28.18 and $28.96. ATM implied volatility averaged 16.1%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 0.5% (HV 20d: 16.6%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2024-03-01: Highest Volume — 380 contracts
  • 2024-03-18: Largest IV spike — 31.5% change
  • 2024-03-18: Highest IV Rank — 42.1%
  • 2024-03-05: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.65$28.18$28.96$28.55$28.94
Max Pain$26.90$25.00$27.00$25.00$27.00
ATM IV16.1%12.6%21.4%12.6%14.4%
Expected Move4.3%2.8%5.1%3.6%4.1%
HV 20d16.6%13.8%19.4%18.0%13.8%
HV 60d16.0%15.1%16.7%16.1%15.1%
IV Rank25.7%5.6%42.1%5.6%22.2%
IV Percentile28.5%0.4%83.3%0.4%6.0%
Term Structure1.4%-5.2%6.6%1.2%1.1%
VWIV16.1%12.6%18.7%17.3%15.0%
Skew 25d2.1%-5.9%6.0%5.1%0.9%
Skew 10d2.4%-3.0%8.8%2.8%1.5%
Call IV 25d14.9%11.3%17.8%12.4%14.2%
Put IV 25d17.0%10.5%19.6%17.5%15.1%
Bid-Ask Spread %28.4316.0742.9821.7121.97
Gamma HHI0.250.180.290.280.23
Net GEX19.4K-21.8K62.8K23.9K5.9K
Net DEX-2.9M-4.7M-868.4K-4.6M-1.6M
Net VEX-11.0K-13.3K-9.2K-13.1K-10.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.003.640.010.22
Total Volume112338038055
Total OI3,785.52,4844,9364,9362,610

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$28.55$25.0012.6%3.6%18.0%5.6%17.3%5.1%1.2%23.9K-4.6M-13.1K0.0121.71N/AN/A37552,5762,360
2024-03-04$28.70$27.0014.6%4.6%17.8%13.5%17.9%1.1%1.8%62.1K-4.7M-12.3K0.1926.09N/AN/A64122,5532,360
2024-03-05$28.24$27.0018.5%5.1%18.9%28.3%16.1%3.4%1.2%9.0K-4.0M-13.3K0.0027.46N/AN/A12102,5492,380
2024-03-06$28.61$27.0014.2%2.8%19.0%11.9%18.7%1.8%5.7%40.4K-4.4M-12.4K0.2036.19N/AN/A239482,5282,380
2024-03-07$28.96$27.0016.6%3.5%19.3%21.1%15.2%1.5%6.6%59.1K-4.7M-11.6K0.0340.80N/AN/A21872,4432,425
2024-03-08$28.86$27.0017.7%4.7%19.4%25.1%15.3%3.0%0.7%49.4K-4.1M-11.3K0.9639.88N/AN/A1381322,2872,432
2024-03-11$28.79$27.0021.4%3.4%19.3%39.5%15.5%1.8%4.7%45.0K-4.1M-10.8K0.0735.53N/AN/A2922,2702,479
2024-03-12$28.93$27.0020.0%5.1%19.3%34.0%13.9%-5.9%0.4%60.7K-4.3M-10.5K0.1240.94N/AN/A92112,2832,480
2024-03-13$28.94$27.0014.0%4.0%17.3%10.9%15.2%2.5%3.1%62.8K-4.0M-10.7K0.0139.97N/AN/A11012,2512,475
2024-03-14$28.45$27.0017.0%4.9%17.2%31.2%12.6%6.0%0.2%35.5K-3.5M-10.9K0.1331.95N/AN/A78102,2212,475
2024-03-15$28.37$27.0013.4%3.8%16.3%14.7%18.2%2.1%-5.2%16.3K-3.4M-10.4K0.0142.98N/AN/A28022,1702,483
2024-03-18$28.27$27.0017.6%5.1%15.8%42.1%17.5%2.7%0.8%-17.3K-959.2K-10.9K1.8318.68N/AN/A6111,2601,224
2024-03-19$28.18$27.0017.5%5.0%15.2%41.4%16.8%2.1%0.2%-21.8K-868.4K-11.0K0.1120.82N/AN/A3641,2651,234
2024-03-20$28.45$27.0017.2%4.9%15.4%38.9%15.8%3.2%1.3%-8.8K-1.2M-10.6K0.5724.63N/AN/A23131,2891,234
2024-03-21$28.79$27.0015.2%4.4%13.8%27.1%16.1%3.4%0.6%-5.9K-1.4M-10.2K3.6417.16N/AN/A11401,2861,242
2024-03-22$28.62$27.0014.6%4.2%14.0%23.4%14.6%1.2%2.0%-9.6K-1.4M-10.3K0.1120.53N/AN/A1921,2931,238
2024-03-25$28.69$27.0015.3%4.4%14.0%28.1%17.2%1.3%0.4%-7.5K-1.4M-10.2K0.1716.07N/AN/A1221,3121,240
2024-03-26$28.70$27.0015.2%4.4%13.9%27.8%0.0%3.6%1.3%-10.2K-1.4M-9.9K0.0020.43N/AN/A301,3181,242
2024-03-27$28.91$27.0015.0%4.3%14.0%26.4%0.0%1.1%-0.2%-1.5K-1.7M-9.2K0.0024.88N/AN/A2901,3211,242
2024-03-28$28.94$27.0014.4%4.1%13.8%22.2%15.0%0.9%1.1%5.9K-1.6M-10.0K0.2221.97N/AN/A45101,3681,242