QQQ Options History — August 2012

In August 2012, QQQ traded between $64.35 and $68.42. ATM implied volatility averaged 15.3%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 0.4% (HV 20d: 14.8%). Max pain ranged from $63.00 to $66.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 1.56.

Notable Days

  • 2012-08-03: Highest Volume — 461,243 contracts
  • 2012-08-02: Largest IV drop — 32.9% change
  • 2012-08-01: Highest IV Rank — 25.3%
  • 2012-08-01: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.28$64.35$68.42$64.57$68.16
Max Pain$64.91$63.00$66.00$63.00$65.00
ATM IV15.3%11.4%27.1%27.1%16.5%
Expected Move4.5%4.0%5.2%5.2%4.7%
HV 20d14.8%7.7%19.5%18.6%7.7%
HV 60d18.7%16.9%20.2%19.7%16.9%
IV Rank7.1%0.0%25.3%25.3%11.8%
IV Percentile15.1%0.0%71.0%71.0%26.6%
Term Structure0.7%0.2%2.2%0.2%0.8%
VWIV16.6%14.4%19.8%19.4%17.6%
Skew 25d3.8%2.3%5.0%3.1%4.8%
Skew 10d7.7%4.1%10.1%6.4%9.3%
Call IV 25d13.9%12.4%17.1%17.1%14.5%
Put IV 25d17.7%15.8%20.2%20.2%19.3%
Bid-Ask Spread %3.892.178.543.493.30
Gamma HHI0.120.090.200.100.10
Net GEX101.2M-37.7M230.2M53.5M-32.7M
Net DEX-2.98B-5.19B-571.4M-893.6M-2.59B
Net VEX-26.5M-28.3M-24.7M-28.0M-27.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.742.841.600.98
Total Volume312,664.957178,918461,243393,615385,391
Total OI3,856,868.3043,321,9844,362,0743,780,8873,913,969

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-08-01$64.57$63.0027.1%5.2%18.6%25.3%19.4%3.1%0.2%53.5M-893.6M-28.0M1.603.49N/AN/A151,543242,0721,661,4512,119,436
2012-08-02$64.35$64.0018.2%4.9%18.7%8.6%16.9%3.1%1.2%31.7M-571.4M-27.4M1.392.51N/AN/A186,809259,0921,687,5842,148,389
2012-08-03$65.65$64.0014.5%4.1%19.4%1.7%15.1%2.3%2.2%152.4M-2.54B-26.8M1.085.86N/AN/A221,694239,5491,695,3612,193,754
2012-08-06$66.12$64.0016.9%4.7%19.5%6.3%17.8%4.0%0.5%173.0M-2.76B-26.3M2.294.80N/AN/A112,057256,6581,651,2662,170,964
2012-08-07$66.59$64.0016.6%4.6%19.1%5.7%17.0%3.9%0.3%179.0M-3.33B-26.4M1.433.92N/AN/A96,163137,8361,670,2482,234,444
2012-08-08$66.56$65.0013.2%4.5%18.9%0.0%17.4%3.8%0.3%159.2M-3.14B-26.3M2.843.14N/AN/A83,686237,2821,684,2012,278,395
2012-08-09$66.82$65.0012.3%4.4%18.3%0.0%16.5%3.5%0.4%183.9M-3.51B-26.0M2.344.91N/AN/A53,489125,4291,701,9262,333,038
2012-08-10$66.90$65.0011.4%4.3%17.7%0.0%15.4%3.5%0.4%211.9M-3.66B-25.6M1.793.70N/AN/A67,325120,7521,711,2492,365,469
2012-08-13$67.04$65.0012.4%4.3%17.6%2.3%16.6%3.4%0.3%209.5M-3.82B-24.7M1.902.59N/AN/A91,426173,6451,691,7742,331,157
2012-08-14$67.00$65.0013.1%4.4%17.6%3.8%16.1%3.6%0.3%187.6M-3.61B-25.3M1.555.63N/AN/A142,411221,0031,704,2452,385,464
2012-08-15$67.34$65.0011.4%4.3%17.2%0.0%15.4%3.6%0.5%169.8M-4.02B-25.4M0.748.15N/AN/A186,622138,4141,722,8462,457,604
2012-08-16$67.97$65.0014.6%4.2%17.1%7.5%16.3%3.6%0.5%230.2M-4.91B-25.2M1.358.54N/AN/A194,262262,2291,750,3362,461,045
2012-08-17$68.23$65.0013.9%4.0%17.1%5.9%14.4%3.4%0.6%170.8M-5.19B-25.6M1.024.07N/AN/A130,362133,0461,800,6692,561,405
2012-08-20$68.34$65.0014.0%4.0%13.1%6.0%15.2%3.6%0.7%70.7M-2.94B-25.3M1.942.17N/AN/A81,484157,6801,420,6931,901,291
2012-08-21$68.42$66.0014.1%4.0%12.5%6.3%14.5%3.5%0.7%49.3M-2.82B-25.6M1.752.64N/AN/A157,875276,3821,445,8091,978,979
2012-08-22$68.38$66.0014.6%4.2%12.1%7.4%15.0%3.7%0.8%22.3M-2.80B-26.8M1.452.37N/AN/A109,274158,5601,485,4292,060,475
2012-08-23$67.85$66.0014.9%4.3%12.5%8.1%16.0%3.8%0.7%-29.6M-2.17B-27.7M1.403.81N/AN/A160,607224,0431,525,7962,094,579
2012-08-24$68.27$66.0015.2%4.3%9.3%8.8%15.0%4.1%0.9%27.9M-2.92B-27.3M1.174.08N/AN/A144,623169,9151,567,4382,155,647
2012-08-27$68.37$65.0016.0%4.7%9.2%10.7%15.4%4.5%0.8%62.1M-2.97B-27.3M1.332.50N/AN/A88,497117,6761,550,9692,116,703
2012-08-28$68.40$65.0016.3%4.7%9.2%11.3%19.8%4.8%0.8%41.6M-2.82B-27.5M1.332.42N/AN/A77,671103,1211,565,6202,161,699
2012-08-29$68.37$65.0016.9%4.8%8.9%12.6%18.3%4.9%0.6%42.0M-2.79B-27.6M1.582.49N/AN/A70,532111,3601,583,0432,182,189
2012-08-30$67.66$65.0017.0%4.9%9.9%12.9%19.7%5.0%0.8%-37.7M-1.82B-28.3M1.592.47N/AN/A128,001203,7461,599,1072,224,816
2012-08-31$68.16$65.0016.5%4.7%7.7%11.8%17.6%4.8%0.8%-32.7M-2.59B-27.6M0.983.30N/AN/A194,785190,6061,639,5562,274,413