QQQ Options History — April 2013

In April 2013, QQQ traded between $67.35 and $70.75. ATM implied volatility averaged 14.1%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.0% (HV 20d: 13.0%). Max pain ranged from $67.00 to $70.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.32.

Notable Days

  • 2013-04-18: Highest Volume — 724,290 contracts
  • 2013-04-15: Largest IV spike — 28.3% change
  • 2013-04-18: Highest IV Rank — 38.4%
  • 2013-04-18: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.97$67.35$70.75$68.46$70.75
Max Pain$68.69$67.00$70.00$68.50$70.00
ATM IV14.1%12.4%17.5%13.4%13.7%
Expected Move4.0%3.6%5.0%3.8%3.9%
HV 20d13.0%6.4%18.0%8.3%18.0%
HV 60d11.8%9.9%13.5%10.1%13.4%
IV Rank17.8%8.0%38.4%13.8%15.4%
IV Percentile27.3%7.9%65.1%18.7%23.8%
Term Structure0.2%-0.2%0.8%0.6%0.3%
VWIV14.7%12.8%17.0%15.1%13.5%
Skew 25d3.8%2.7%5.3%3.9%3.5%
Skew 10d7.7%5.6%9.6%7.9%7.6%
Call IV 25d12.5%10.8%15.3%11.8%12.0%
Put IV 25d16.3%14.2%20.6%15.7%15.5%
Bid-Ask Spread %12.063.8844.2014.155.94
Gamma HHI0.130.090.260.110.16
Net GEX68.4M-241.4M355.6M9.3M196.4M
Net DEX-301.4M-2.58B3.15B202.5M-2.15B
Net VEX-25.4M-27.8M-24.1M-24.5M-27.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.722.151.350.72
Total Volume422,883.455178,126724,290240,545549,102
Total OI3,160,299.5912,720,8773,722,4812,720,8773,255,953

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$68.46$68.5013.4%3.8%8.3%13.8%15.1%3.9%0.6%9.3M202.5M-24.5M1.3514.15N/AN/A102,343138,2021,180,3941,540,483
2013-04-02$68.49$68.0013.0%3.7%8.1%11.2%14.7%4.2%0.8%112.1M-775.9M-24.6M1.489.26N/AN/A105,307155,6491,229,2891,566,973
2013-04-03$68.44$68.5013.7%3.9%6.5%15.6%15.6%3.9%0.3%-3.9M253.1M-24.7M1.987.86N/AN/A102,899203,7041,240,8151,600,581
2013-04-04$68.46$68.5013.9%4.0%6.4%16.9%16.1%3.9%0.3%-37.9M341.2M-25.0M0.909.93N/AN/A124,066112,2561,256,0811,655,130
2013-04-05$67.86$68.5014.2%4.1%7.0%18.7%14.3%3.9%-0.2%-116.5M1.26B-24.5M1.396.92N/AN/A158,447220,0171,305,8901,666,331
2013-04-08$68.30$68.5013.6%3.9%7.4%15.0%14.6%3.7%0.3%44.3M233.4M-24.2M1.647.41N/AN/A67,426110,7001,283,9161,605,081
2013-04-09$68.48$68.5013.5%3.9%7.4%14.3%13.8%3.8%0.2%93.2M-422.6M-24.1M0.936.69N/AN/A227,686210,8171,293,2181,653,248
2013-04-10$69.96$68.5012.5%3.6%10.6%8.6%13.5%2.8%-0.2%320.0M-2.58B-24.4M1.036.85N/AN/A295,108303,6501,389,0721,726,020
2013-04-11$70.02$0.0012.8%3.7%10.6%10.0%12.8%2.9%-0.1%285.5M-2.50B-25.0M1.458.83N/AN/A136,789197,8901,449,5831,823,910
2013-04-12$69.90$70.0012.4%3.6%10.6%8.0%13.2%2.7%-0.1%355.6M-2.20B-25.4M1.775.81N/AN/A117,855208,3921,501,3651,867,322
2013-04-15$68.23$68.0015.9%4.5%13.7%28.9%15.3%3.7%0.3%-30.8M988.4M-25.4M2.1544.20N/AN/A212,026455,8951,436,9441,809,349
2013-04-16$69.44$69.0014.3%4.1%15.1%19.3%14.5%3.4%0.5%144.9M-1.09B-26.0M1.233.88N/AN/A147,754181,4861,485,0481,942,954
2013-04-17$68.10$69.0016.4%4.7%16.7%31.7%16.1%4.1%-0.2%-125.1M1.64B-25.7M1.6310.36N/AN/A250,577407,2431,500,0511,974,180
2013-04-18$67.35$69.0017.5%5.0%17.1%38.4%17.0%5.3%-0.1%-241.4M3.15B-25.5M1.4525.57N/AN/A295,715428,5751,540,4952,014,474
2013-04-19$68.03$68.0015.2%4.3%17.4%24.7%15.5%4.5%0.4%-33.6M1.71B-25.8M1.176.75N/AN/A262,914307,9551,630,8412,091,640
2013-04-22$68.78$67.0014.2%4.1%17.6%18.9%15.3%4.2%0.5%-20.5M253.2M-25.3M1.2216.06N/AN/A153,331187,5021,247,9411,681,421
2013-04-23$69.32$68.0014.3%4.1%17.7%19.3%14.3%3.6%0.6%53.0M-593.8M-25.4M1.0433.35N/AN/A303,709316,6411,273,5691,720,563
2013-04-24$69.36$69.0014.1%4.1%17.6%18.1%13.7%3.7%0.3%78.7M-558.9M-25.7M0.767.49N/AN/A251,146191,5941,361,1961,833,180
2013-04-25$69.82$69.0013.6%3.9%17.7%14.8%16.7%3.7%-0.1%227.0M-1.47B-26.4M1.3012.56N/AN/A124,769161,9521,453,3971,882,987
2013-04-26$69.52$69.0013.5%3.8%17.8%14.2%13.5%3.8%0.5%61.8M-883.7M-26.2M1.156.15N/AN/A196,753226,2811,475,9331,935,129
2013-04-29$70.21$70.0013.8%3.9%17.8%16.0%14.6%3.6%0.4%132.2M-1.43B-27.4M1.339.25N/AN/A167,690223,6231,360,0521,784,592
2013-04-30$70.75$70.0013.7%3.9%18.0%15.4%13.5%3.5%0.3%196.4M-2.15B-27.8M0.725.94N/AN/A318,494230,6081,401,0821,854,871