QQQ Options History — August 2011

In August 2011, QQQ traded between $50.03 and $57.73. ATM implied volatility averaged 34.5%. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 5.0% (HV 20d: 39.6%). Max pain ranged from $53.00 to $58.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 1.48.

Notable Days

  • 2011-08-05: Highest Volume — 1,866,181 contracts
  • 2011-08-08: Largest IV spike — 73.2% change
  • 2011-08-19: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.37$50.03$57.73$57.73$55.06
Max Pain$55.35$53.00$58.00$58.00$53.00
ATM IV34.5%26.9%66.9%28.7%28.2%
Expected Move8.9%6.3%11.2%6.5%8.1%
HV 20d39.6%17.8%50.4%17.8%49.7%
HV 60d27.5%17.5%32.3%17.5%32.3%
Term Structure-1.0%-4.5%0.1%-1.5%-0.7%
VWIV31.8%22.7%38.5%23.4%29.4%
Skew 25d10.2%5.0%15.1%6.2%8.8%
Skew 10d19.7%9.0%29.5%11.7%17.9%
Call IV 25d26.4%20.5%33.8%20.5%24.2%
Put IV 25d36.7%25.5%47.1%26.7%33.0%
Bid-Ask Spread %9.323.8121.823.815.26
Gamma HHI0.090.070.150.080.07
Net GEX-160.8M-278.8M-23.7M-205.3M-23.7M
Net DEX3.95B-469.1M8.76B820.6M-469.1M
Net VEX-32.7M-37.5M-27.3M-31.8M-37.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.480.873.531.303.53
Total Volume833,089.739478,1381,866,181709,8611,134,346
Total OI5,314,683.1744,389,9106,241,2854,389,9105,794,436

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-08-01$57.73$58.0028.7%6.5%17.8%0.0%23.4%6.2%-1.5%-205.3M820.6M-31.8M1.303.81N/AN/A308,559401,3021,637,8072,752,103
2011-08-02$56.27$58.0032.9%7.2%19.8%0.0%24.3%6.1%-1.7%-278.8M2.94B-31.9M0.8711.71N/AN/A320,388279,3991,717,7612,811,749
2011-08-03$56.81$58.0027.5%6.3%20.1%0.0%22.7%5.0%-0.1%-252.3M1.84B-32.6M1.423.82N/AN/A220,240312,3911,854,4752,798,477
2011-08-04$54.17$58.0039.5%9.5%25.2%0.0%31.8%9.5%-4.5%-262.8M5.01B-31.8M1.5414.26N/AN/A450,729693,5511,886,3762,833,813
2011-08-05$53.83$57.0038.6%8.5%25.2%0.0%30.4%9.5%-0.4%-204.0M5.38B-31.5M1.4517.85N/AN/A760,9041,105,2772,008,2812,791,503
2011-08-08$50.59$57.0066.9%11.0%32.2%0.0%38.0%12.2%-1.9%-190.6M8.30B-27.3M1.708.49N/AN/A519,517883,2362,017,2412,934,336
2011-08-09$53.03$56.0040.7%8.6%37.4%0.0%32.4%10.9%-0.9%-217.3M5.87B-31.7M1.0411.75N/AN/A652,141677,0002,181,1733,075,475
2011-08-10$50.86$56.0047.3%10.7%39.6%0.0%37.9%12.6%-1.3%-180.5M7.08B-30.7M1.1714.23N/AN/A417,335486,3342,300,6933,128,597
2011-08-11$53.10$55.0033.5%9.6%43.2%0.0%34.2%11.7%-1.1%-152.6M4.76B-34.8M1.119.73N/AN/A455,530506,3392,467,9363,275,624
2011-08-12$53.57$55.0031.2%8.9%43.0%0.0%33.5%10.3%-0.8%-145.9M3.98B-35.2M1.498.08N/AN/A219,412326,7422,558,2933,342,195
2011-08-15$54.36$55.0027.9%8.0%43.5%0.0%28.7%8.0%-0.6%-147.2M3.37B-33.1M1.3421.82N/AN/A232,426312,5922,484,5323,214,066
2011-08-16$53.90$55.0028.4%8.1%42.5%0.0%29.9%8.8%-0.1%-154.1M3.81B-32.8M1.808.36N/AN/A171,023307,1152,507,7313,254,104
2011-08-17$53.58$55.0026.9%7.7%42.5%0.0%28.0%9.1%0.1%-167.8M4.79B-31.9M1.427.56N/AN/A331,537470,2612,514,5673,337,174
2011-08-18$50.95$55.0036.0%10.3%45.2%0.0%36.7%14.1%-1.4%-248.9M7.67B-30.8M1.984.66N/AN/A367,973729,8542,546,6123,467,455
2011-08-19$50.03$55.0039.2%11.2%44.9%0.0%36.8%15.1%-0.6%-243.9M8.76B-30.7M1.7419.94N/AN/A318,670555,2272,629,4913,611,794
2011-08-22$50.21$55.0038.3%11.0%45.0%0.0%38.5%13.8%-1.2%-147.1M5.21B-30.2M1.116.49N/AN/A253,121280,2531,974,8772,764,707
2011-08-23$52.28$55.0031.7%9.1%48.2%0.0%32.6%10.6%-0.2%-122.3M3.44B-32.5M1.216.06N/AN/A291,333351,7712,082,6952,848,265
2011-08-24$52.69$55.0030.6%8.8%47.8%0.0%32.9%10.5%-0.3%-111.4M2.85B-33.5M1.317.51N/AN/A268,805352,0502,147,7222,945,280
2011-08-25$51.83$53.0034.8%9.8%47.9%0.0%37.8%12.5%-1.7%-119.3M3.59B-34.4M1.785.21N/AN/A212,458377,5212,224,6033,068,650
2011-08-26$53.13$53.0030.6%8.8%49.2%0.0%32.8%11.4%-1.2%-61.7M1.98B-35.2M0.876.93N/AN/A379,472328,9812,268,0163,170,368
2011-08-29$54.61$53.0027.2%7.8%50.4%0.0%30.2%10.1%-0.5%-31.3M187.7M-35.8M0.984.65N/AN/A286,224281,5182,315,0973,079,365
2011-08-30$54.97$53.0028.0%8.0%49.8%0.0%29.3%8.9%-0.9%-29.3M-256.1M-35.7M1.896.18N/AN/A197,640372,5672,405,8933,206,305
2011-08-31$55.06$53.0028.2%8.1%49.7%0.0%29.4%8.8%-0.7%-23.7M-469.1M-37.5M3.535.26N/AN/A250,616883,7302,421,0993,373,337