QQQ Options History — July 2011

In July 2011, QQQ traded between $57.09 and $59.63. ATM implied volatility averaged 18.5%. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.0% (HV 20d: 18.6%). Max pain ranged from $56.00 to $58.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.99.

Notable Days

  • 2011-07-27: Highest Volume — 760,015 contracts
  • 2011-07-11: Largest IV spike — 38.1% change
  • 2011-07-29: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.39$57.09$59.63$57.91$58.00
Max Pain$57.90$56.00$58.00$56.00$58.00
ATM IV18.5%13.1%30.3%13.1%30.3%
Expected Move5.3%3.9%7.0%3.9%7.0%
HV 20d18.6%16.3%19.6%18.9%18.5%
HV 60d16.5%15.7%17.6%15.7%17.6%
Term Structure0.5%-2.0%2.1%2.1%-2.0%
VWIV19.6%14.8%25.2%14.8%25.2%
Skew 25d5.4%3.0%7.7%3.0%7.7%
Skew 10d11.0%5.6%15.3%5.6%15.3%
Call IV 25d16.2%12.7%20.9%12.7%20.9%
Put IV 25d21.7%15.7%28.6%15.7%28.6%
Bid-Ask Spread %3.532.288.376.714.57
Gamma HHI0.090.080.200.080.20
Net GEX-150.6M-358.2M-36.8M-52.8M-358.2M
Net DEX-910.8M-3.00B613.0M-2.13B544.9M
Net VEX-30.8M-33.7M-27.8M-27.9M-33.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.991.133.091.772.58
Total Volume483,532.45297,892760,015621,330631,341
Total OI4,366,932.053,734,6124,896,8054,291,3034,463,042

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-07-01$57.91$56.0013.1%3.9%18.9%0.0%14.8%3.0%2.1%-52.8M-2.13B-27.9M1.776.71N/AN/A223,966397,3641,716,8932,574,410
2011-07-05$58.20$58.0017.5%4.6%18.6%0.0%17.0%4.3%0.9%-107.3M-1.56B-28.2M2.442.66N/AN/A124,986304,7231,591,3832,598,592
2011-07-06$58.39$58.0014.6%4.6%18.6%0.0%16.6%4.3%0.9%-119.5M-1.63B-28.8M2.592.73N/AN/A114,168296,1741,623,7882,734,302
2011-07-07$59.19$58.0015.0%4.6%18.6%0.0%16.8%4.0%1.0%-36.8M-3.00B-27.8M1.822.58N/AN/A190,561347,4891,637,1082,800,965
2011-07-08$59.03$58.0013.7%4.5%18.7%0.0%16.9%4.1%1.2%-189.9M-2.46B-28.9M2.182.60N/AN/A142,086309,6921,662,7102,920,563
2011-07-11$57.96$58.0018.9%5.3%19.2%0.0%19.1%5.6%1.0%-188.5M-695.5M-30.6M1.622.67N/AN/A192,573311,3651,661,0022,879,477
2011-07-12$57.52$58.0019.4%5.5%19.5%0.0%20.5%5.9%0.6%-221.4M213.6M-31.5M2.332.29N/AN/A164,643384,2081,709,8172,942,267
2011-07-13$57.76$58.0017.8%5.4%19.1%0.0%19.7%5.5%0.5%-249.4M43.1M-31.4M1.983.19N/AN/A130,520258,6631,733,5593,028,776
2011-07-14$57.09$58.0019.9%5.7%18.2%0.0%19.4%6.1%0.8%-277.3M613.0M-32.0M1.473.79N/AN/A245,394360,3751,773,3763,060,199
2011-07-15$57.85$58.0018.3%5.2%18.4%0.0%20.3%5.9%0.9%-242.9M-248.5M-31.5M1.302.38N/AN/A232,321301,4921,816,1583,080,647
2011-07-18$57.54$58.0019.0%5.4%18.4%0.0%20.7%6.0%0.7%-156.7M567.6M-31.4M1.293.29N/AN/A149,698193,7001,381,5662,353,046
2011-07-19$58.85$58.0017.6%5.0%19.6%0.0%19.6%5.3%1.2%-79.9M-1.14B-30.6M1.138.37N/AN/A221,075250,1981,443,6102,410,631
2011-07-20$58.60$58.0018.1%5.2%18.8%0.0%19.9%5.8%0.7%-94.7M-737.8M-31.9M2.263.65N/AN/A112,182253,6431,512,6612,579,284
2011-07-21$58.99$58.0017.7%5.1%18.4%0.0%18.4%5.5%0.7%-37.2M-1.61B-31.0M1.924.46N/AN/A136,482262,5871,529,6782,658,242
2011-07-22$59.60$58.0016.6%4.8%18.5%0.0%19.2%4.6%0.6%-61.5M-2.25B-30.6M3.092.35N/AN/A118,626366,0401,555,1192,723,783
2011-07-25$59.48$58.0019.4%5.5%16.8%0.0%20.0%5.4%-0.1%-73.4M-1.74B-30.9M1.614.75N/AN/A147,135237,3561,514,4122,644,079
2011-07-26$59.63$58.0018.3%5.3%16.3%0.0%22.7%5.6%0.4%-76.2M-1.76B-31.4M2.912.97N/AN/A76,128221,7641,549,2722,684,713
2011-07-27$58.09$58.0022.6%6.5%18.9%0.0%22.6%6.7%-0.9%-192.9M418.6M-32.8M1.672.28N/AN/A284,727475,2881,575,8462,701,351
2011-07-28$58.19$58.0023.0%6.6%18.9%0.0%22.9%7.1%-0.9%-195.3M350.7M-33.7M1.762.31N/AN/A181,265318,6511,666,6152,845,699
2011-07-29$58.00$58.0030.3%7.0%18.5%0.0%25.2%7.7%-2.0%-358.2M544.9M-33.2M2.584.57N/AN/A176,353454,9881,681,8582,781,184