QQQJ Options History — January 2025

In January 2025, QQQJ traded between $30.85 and $32.38. ATM implied volatility averaged 15.2%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 0.1% (HV 20d: 15.4%). Max pain ranged from $31.00 to $33.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.86.

Notable Days

  • 2025-01-23: Highest Volume — 897 contracts
  • 2025-01-31: Largest IV spike — 54.8% change
  • 2025-01-13: Highest IV Rank — 56.0%
  • 2025-01-10: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.80$30.85$32.38$30.85$32.22
Max Pain$31.20$31.00$33.00$33.00$31.00
ATM IV15.2%11.1%21.3%15.4%17.2%
Expected Move4.5%3.2%5.7%4.4%4.9%
HV 20d15.4%12.3%17.8%16.3%12.4%
HV 60d16.0%15.6%16.2%15.6%15.8%
IV Rank30.3%12.8%56.0%31.0%38.7%
IV Percentile45.0%7.9%92.5%47.2%67.1%
Term Structure1.4%-0.2%7.3%6.0%0.9%
VWIV14.7%8.9%19.8%13.9%17.7%
Skew 25d3.1%-2.6%11.2%1.6%7.4%
Skew 10d4.2%0.3%9.7%2.6%3.8%
Call IV 25d11.8%8.6%16.0%10.8%9.7%
Put IV 25d14.9%9.6%20.9%12.4%17.1%
Bid-Ask Spread %31.2318.1445.6030.1429.66
Gamma HHI0.390.260.690.290.60
Net GEX98.2K-15.4K352.6K48.3K237.6K
Net DEX-322.1K-1.6M587.9K587.9K-1.3M
Net VEX-6.3K-8.3K-5.1K-5.8K-7.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.860.0012.0010.000.00
Total Volume68.90897228
Total OI2,111.051,2102,3552,2702,180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$30.85$33.0015.4%4.4%16.3%31.0%13.9%1.6%6.0%48.3K587.9K-5.8K10.0030.14N/AN/A2201,477793
2025-01-03$31.36$33.0016.9%4.9%17.2%37.5%14.3%0.6%0.9%67.0K332.1K-6.3K1.8018.14N/AN/A591,482793
2025-01-06$31.65$31.0013.7%4.7%17.6%23.9%16.4%5.9%0.9%94.3K100.4K-6.1K0.2236.88N/AN/A2761,484793
2025-01-07$31.48$31.0015.1%4.1%17.5%29.8%0.0%2.1%2.7%51.4K271.9K-5.8K0.1342.10N/AN/A811,500799
2025-01-08$31.55$31.0012.4%5.1%17.5%18.1%19.1%0.6%0.1%51.6K263.1K-5.9K0.0929.15N/AN/A1111,503802
2025-01-10$31.21$31.0014.7%5.7%17.3%28.1%19.2%11.2%-0.2%30.3K478.1K-5.5K12.0042.81N/AN/A1121,501803
2025-01-13$31.14$31.0021.3%5.7%17.0%56.0%19.8%3.1%0.4%37.5K526.2K-5.5K0.0041.04N/AN/A2901,512813
2025-01-14$31.17$31.0018.6%5.6%17.0%44.5%10.4%9.7%-0.1%50.3K451.1K-5.5K0.0035.50N/AN/A2801,520813
2025-01-15$31.57$31.0016.0%4.6%17.6%33.4%15.9%-2.1%0.6%14.1K250.7K-5.3K1.0024.03N/AN/A111,542813
2025-01-16$31.80$31.0015.8%4.5%17.8%32.8%15.6%-2.6%1.1%-7.7K137.3K-5.3K0.0025.15N/AN/A3101,542812
2025-01-17$31.83$31.0015.7%4.5%17.8%32.3%15.5%2.1%1.2%-15.4K119.1K-5.3K9.2623.63N/AN/A191761,542812
2025-01-21$32.22$31.0015.9%4.6%13.2%33.2%15.3%7.1%0.8%-5.3K-489.9K-5.1K0.0624.85N/AN/A161613597
2025-01-22$32.35$31.0012.0%3.5%13.2%16.7%15.1%-2.1%1.3%-4.9K-587.9K-5.1K0.0629.09N/AN/A352623598
2025-01-23$32.38$31.0011.8%3.4%12.8%15.4%9.0%4.1%0.9%-1.5K-641.5K-5.4K0.0533.55N/AN/A85443668600
2025-01-24$32.36$31.0012.0%3.4%12.8%16.5%9.5%0.8%1.0%254.3K-1.6M-8.3K0.1337.74N/AN/A811,522648
2025-01-27$31.99$31.0018.3%5.3%13.4%43.5%0.0%3.1%0.4%200.8K-1.1M-7.9K0.0022.78N/AN/A001,530648
2025-01-28$32.36$31.0013.1%3.8%13.9%21.2%8.9%5.2%2.8%279.0K-1.6M-8.1K0.0034.00N/AN/A1601,530648
2025-01-29$32.17$31.0017.8%5.1%12.7%41.3%17.7%3.4%-0.1%230.7K-1.4M-7.9K0.5018.85N/AN/A211,534648
2025-01-30$32.36$31.0011.1%3.2%12.3%12.8%0.0%1.1%7.3%352.6K-1.4M-7.6K0.0045.60N/AN/A301,535648
2025-01-31$32.22$31.0017.2%4.9%12.4%38.7%0.0%7.4%0.9%237.6K-1.3M-7.6K0.0029.66N/AN/A801,532648