QQQJ Options History — May 2024

In May 2024, QQQJ traded between $27.11 and $28.41. ATM implied volatility averaged 12.6%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 0.9% (HV 20d: 13.5%). Max pain ranged from $24.00 to $28.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2024-05-22: Highest Volume — 544 contracts
  • 2024-05-31: Largest IV spike — 41.7% change
  • 2024-05-01: Highest IV Rank — 60.0%
  • 2024-05-01: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.84$27.11$28.41$27.11$27.55
Max Pain$27.45$24.00$28.00$24.00$28.00
ATM IV12.6%8.7%19.9%19.9%13.6%
Expected Move4.0%2.5%5.7%5.7%3.9%
HV 20d13.5%10.1%16.9%16.2%11.7%
HV 60d14.7%13.3%16.2%16.2%13.3%
IV Rank16.4%0.0%60.0%60.0%28.7%
IV Percentile8.9%0.0%84.5%84.5%7.1%
Term Structure0.8%-6.1%5.7%-1.4%-6.1%
VWIV14.2%8.7%18.2%18.2%12.4%
Skew 25d1.4%-4.3%6.6%1.9%0.9%
Skew 10d1.2%-4.6%10.7%4.3%-4.6%
Call IV 25d14.1%9.3%18.8%18.8%15.7%
Put IV 25d15.5%9.9%20.7%20.7%16.6%
Bid-Ask Spread %25.9919.7532.9927.5520.17
Gamma HHI0.320.270.390.310.31
Net GEX-33.0K-68.9K52.7K-38.6K-62.8K
Net DEX-769.9K-1.7M-62.7K-62.7K-87.2K
Net VEX-6.5K-7.9K-5.2K-7.9K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.002.380.360.00
Total Volume73.13625441914
Total OI2,893.1822,6513,3962,6523,387

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$27.11$24.0019.9%5.7%16.2%60.0%0.0%1.9%-1.4%-38.6K-62.7K-7.9K0.3627.55N/AN/A1451,4621,190
2024-05-02$27.19$24.0017.1%4.9%16.0%40.7%18.2%-3.2%0.9%-48.2K-132.3K-7.6K0.5021.97N/AN/A211,4761,188
2024-05-03$27.46$24.0011.3%3.2%16.4%1.0%13.4%1.5%3.4%-49.1K-465.0K-7.4K0.0732.26N/AN/A1511,4761,188
2024-05-06$27.76$28.0012.8%4.8%16.9%11.4%16.4%1.5%2.3%-45.5K-711.8K-7.0K0.5321.53N/AN/A19101,4621,189
2024-05-07$27.77$28.0010.6%4.7%16.8%0.0%15.5%-4.3%0.8%-54.0K-765.2K-7.1K0.1226.04N/AN/A1721,4681,192
2024-05-08$27.62$28.0010.7%4.2%16.4%0.7%14.9%1.0%1.1%-68.9K-522.6K-6.7K0.1823.04N/AN/A55101,4641,192
2024-05-09$27.80$28.0011.8%4.5%16.6%7.9%10.0%-4.3%-1.0%-54.4K-826.6K-6.8K0.0032.99N/AN/A2801,4871,205
2024-05-10$27.76$28.0010.1%4.5%14.4%0.0%15.6%1.0%1.8%-54.4K-767.4K-6.7K0.1024.39N/AN/A4141,5051,205
2024-05-13$27.81$28.0013.6%4.6%13.1%22.0%0.0%3.1%1.7%-54.4K-861.2K-6.5K0.0021.80N/AN/A2201,5201,206
2024-05-14$28.05$28.0013.5%4.4%13.4%21.4%16.1%2.0%1.3%-50.3K-1.1M-6.3K0.0020.70N/AN/A401,5211,206
2024-05-15$28.41$28.0014.1%4.0%13.6%25.4%13.8%3.6%4.9%-34.8K-1.7M-5.6K0.0025.25N/AN/A3801,5201,206
2024-05-16$28.34$28.0012.2%3.5%13.4%13.5%14.9%6.6%0.1%-39.6K-1.6M-5.9K2.3823.96N/AN/A21501,5341,206
2024-05-17$28.24$28.0011.9%3.4%11.8%11.4%15.5%-0.1%-4.6%-54.2K-1.3M-6.0K0.0032.01N/AN/A49201,5351,156
2024-05-20$28.32$28.0013.8%4.0%11.3%23.7%0.0%1.4%-0.7%-24.4K-1.1M-5.8K0.0023.21N/AN/A1001,6231,129
2024-05-21$28.19$28.0013.8%3.9%10.3%23.2%13.1%3.1%2.4%-37.3K-1.0M-5.8K0.0126.85N/AN/A8211,6331,129
2024-05-22$28.20$28.0013.7%3.9%10.1%23.0%12.7%3.6%-2.9%-21.0K-1.1M-5.9K0.0022.22N/AN/A54401,7151,129
2024-05-23$27.76$28.0013.7%3.9%11.9%22.6%12.9%2.2%1.4%6.4K-525.8K-6.6K0.0728.99N/AN/A2822,2591,129
2024-05-24$28.02$28.0013.2%3.8%12.0%19.8%0.0%2.6%-0.4%52.7K-1.0M-6.8K1.0019.75N/AN/A442,2601,129
2024-05-28$27.89$28.008.7%2.5%12.1%0.0%16.8%1.5%5.2%37.3K-781.3K-6.4K0.1032.65N/AN/A4952,2641,132
2024-05-29$27.64$28.008.7%2.5%11.7%0.0%8.7%3.0%5.7%-4.0K-376.1K-6.2K0.8632.19N/AN/A762,2481,137
2024-05-30$27.51$28.009.6%2.7%11.7%5.3%15.7%2.6%0.9%-25.9K-158.0K-5.9K0.0032.21N/AN/A202,2471,141
2024-05-31$27.55$28.0013.6%3.9%11.7%28.7%12.4%0.9%-6.1%-62.8K-87.2K-5.2K0.0020.17N/AN/A0142,2461,141