QQQJ Options History — September 2024

In September 2024, QQQJ traded between $27.95 and $30.36. ATM implied volatility averaged 16.3%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 0.5% (HV 20d: 15.8%). Max pain ranged from $26.00 to $30.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 5.85.

Notable Days

  • 2024-09-13: Highest Volume — 582 contracts
  • 2024-09-23: Largest IV spike — 61.3% change
  • 2024-09-06: Highest IV Rank — 66.5%
  • 2024-09-09: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.14$27.95$30.36$28.34$30.27
Max Pain$28.65$26.00$30.00$29.00$30.00
ATM IV16.3%9.8%23.9%21.3%14.0%
Expected Move4.6%2.8%6.1%6.1%4.0%
HV 20d15.8%14.1%19.2%19.2%15.9%
HV 60d17.8%17.4%18.4%17.5%18.4%
IV Rank33.3%5.1%66.5%55.0%23.2%
IV Percentile46.7%2.0%95.6%88.9%24.2%
Term Structure1.4%-4.1%8.7%-2.2%2.1%
VWIV16.9%9.5%46.8%21.1%9.5%
Skew 25d3.6%-4.4%9.6%2.6%7.3%
Skew 10d5.0%-0.2%11.0%1.4%8.1%
Call IV 25d12.9%9.7%21.3%21.3%10.2%
Put IV 25d16.5%10.5%23.9%23.9%17.5%
Bid-Ask Spread %37.6017.9371.2717.9332.26
Gamma HHI0.540.310.850.360.78
Net GEX12.3K-228.1K200.7K136.1K-210.2K
Net DEX-482.6K-2.8M942.2K-444.0K310.8K
Net VEX-5.2K-5.9K-4.4K-5.5K-5.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.850.0071.750.330.13
Total Volume82.83582818
Total OI2,250.651,3553,2822,2201,718

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$28.34$29.0021.3%6.1%19.2%55.0%21.1%2.6%-2.2%136.1K-444.0K-5.5K0.3317.93N/AN/A621,564656
2024-09-04$28.41$29.0016.9%4.8%18.5%36.0%21.2%-1.8%-4.1%137.6K-461.2K-5.4K0.0030.16N/AN/A4101,568658
2024-09-05$28.30$29.0020.7%5.7%18.1%52.4%46.8%9.6%-1.6%143.7K-467.4K-5.3K0.0058.40N/AN/A5501,599658
2024-09-06$27.95$26.0023.9%5.7%16.3%66.5%0.0%4.2%-3.6%119.5K-67.5K-5.1K1.0052.60N/AN/A13131,639658
2024-09-09$28.11$26.0021.9%6.1%16.4%57.8%19.8%0.3%-1.4%136.7K-91.1K-4.7K0.0044.76N/AN/A1401,629660
2024-09-10$28.12$26.0018.8%5.8%16.2%44.1%16.4%2.0%1.2%129.4K74.2K-4.4K0.3346.28N/AN/A931,630660
2024-09-11$28.51$26.0014.5%4.2%15.8%25.6%9.7%7.6%8.7%166.2K-554.6K-4.8K0.0046.59N/AN/A701,637662
2024-09-12$28.70$26.0018.5%5.3%15.9%42.7%0.0%4.6%-0.7%192.9K-822.9K-4.8K3.0023.70N/AN/A10301,641662
2024-09-13$29.06$26.0017.6%5.0%14.9%39.0%11.1%8.2%2.3%200.7K-1.5M-4.9K71.7535.59N/AN/A85741,640691
2024-09-16$29.14$30.0018.4%5.3%14.9%42.3%0.0%9.2%2.0%109.1K-833.3K-5.8K0.5033.68N/AN/A211,6411,235
2024-09-17$29.31$30.0013.8%4.0%14.5%22.4%10.3%5.8%2.6%97.0K-1.5M-5.5K0.1041.59N/AN/A3131,6421,236
2024-09-18$29.32$30.0012.6%3.6%14.4%17.1%11.1%4.5%-0.9%110.2K-1.5M-5.2K0.1371.27N/AN/A2431,6681,239
2024-09-19$29.74$30.0012.7%3.6%14.9%17.7%15.6%-4.4%6.4%35.4K-2.8M-4.5K30.5039.61N/AN/A123661,6731,241
2024-09-20$29.57$30.009.8%2.8%14.8%5.1%16.9%4.6%7.2%-177.2K-2.0M-5.2K0.1234.96N/AN/A2631,6761,606
2024-09-23$29.62$30.0015.9%4.5%14.1%31.4%15.9%0.5%2.6%-212.2K942.2K-5.2K7.9625.85N/AN/A28223405950
2024-09-24$29.95$30.0013.4%3.8%14.6%20.8%17.7%0.4%-0.0%-200.3K771.0K-5.8K0.0524.63N/AN/A2114331,173
2024-09-25$29.68$30.0015.8%4.5%15.0%31.2%16.6%1.9%2.4%-223.0K848.8K-5.9K0.1418.31N/AN/A2134521,173
2024-09-26$30.26$30.0013.0%3.7%15.9%18.7%10.4%5.2%1.3%-216.5K396.0K-5.7K0.8042.63N/AN/A25204711,176
2024-09-27$30.36$30.0012.6%3.6%15.9%17.0%9.5%0.6%3.0%-228.1K104.2K-5.6K0.0831.22N/AN/A3734971,196
2024-09-30$30.27$30.0014.0%4.0%15.9%23.2%0.0%7.3%2.1%-210.2K310.8K-5.7K0.1332.26N/AN/A1625201,198