QQQ Options History — June 2014

In June 2014, QQQ traded between $91.14 and $94.04. ATM implied volatility averaged 11.8%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 3.8% (HV 20d: 8.0%). Max pain ranged from $88.00 to $95.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.47.

Notable Days

  • 2014-06-19: Highest Volume — 623,330 contracts
  • 2014-06-18: Largest IV drop — 8.3% change
  • 2014-06-03: Highest IV Rank — 18.6%
  • 2014-06-02: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$92.63$91.14$94.04$91.14$94.04
Max Pain$91.38$88.00$95.00$89.00$95.00
ATM IV11.8%10.6%13.2%13.1%10.8%
Expected Move4.5%4.3%4.7%4.7%4.3%
HV 20d8.0%5.5%10.9%10.9%5.5%
HV 60d14.6%13.4%15.5%15.5%13.4%
IV Rank6.8%0.0%18.6%17.1%2.4%
IV Percentile10.2%0.0%38.1%35.3%1.6%
Term Structure0.3%-0.1%1.1%0.0%0.2%
VWIV15.8%11.8%18.0%16.4%16.9%
Skew 25d2.8%2.1%3.2%3.1%3.1%
Skew 10d5.7%4.1%6.5%6.3%6.1%
Call IV 25d10.6%9.4%12.0%12.0%9.7%
Put IV 25d13.5%12.1%15.1%15.1%12.7%
Bid-Ask Spread %10.167.6912.987.6910.20
Gamma HHI0.060.050.120.050.12
Net GEX123.4M-198.8M333.9M142.9M224.3M
Net DEX-4.38B-6.97B-592.4M-3.78B-3.92B
Net VEX-38.4M-42.3M-35.5M-42.0M-35.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.542.292.100.83
Total Volume340,473.095203,346623,330304,335276,744
Total OI4,442,810.6673,364,3975,096,9944,406,3553,641,387

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$91.14$89.0013.1%4.7%10.9%17.1%16.4%3.1%0.0%142.9M-3.78B-42.0M2.107.69N/AN/A98,246206,0891,791,0052,615,350
2014-06-03$91.22$89.0013.2%4.7%10.9%18.6%17.0%3.2%0.2%115.8M-3.81B-42.3M1.559.70N/AN/A99,356153,9791,815,0822,695,422
2014-06-04$91.53$89.0013.1%4.6%9.8%17.0%17.0%3.2%0.1%153.6M-4.34B-41.6M1.748.54N/AN/A109,186189,6031,822,9792,756,488
2014-06-05$92.33$89.0012.4%4.6%9.8%10.3%18.0%2.9%0.1%271.6M-5.77B-40.4M1.0612.66N/AN/A204,281216,2441,865,1912,809,328
2014-06-06$92.85$89.0011.9%4.5%9.7%4.9%16.6%2.5%0.4%333.9M-6.97B-39.2M1.1412.98N/AN/A203,121232,5231,923,2382,882,714
2014-06-09$92.74$90.0012.5%4.5%9.8%11.2%11.8%2.6%-0.1%255.6M-6.22B-37.9M1.3411.39N/AN/A145,047194,1521,854,6592,774,216
2014-06-10$92.91$93.0012.0%4.5%8.6%6.2%14.7%2.7%0.2%276.4M-6.36B-38.2M1.7911.24N/AN/A73,753132,0301,879,3562,835,540
2014-06-11$92.86$93.0011.7%4.5%8.6%2.9%14.8%2.7%0.4%242.2M-6.05B-38.5M1.419.02N/AN/A111,541157,2241,892,6312,888,009
2014-06-12$92.25$94.0012.3%4.6%8.9%8.7%15.4%2.8%0.3%40.7M-4.57B-40.0M2.299.55N/AN/A146,771335,3771,912,9812,941,021
2014-06-13$92.32$92.0011.9%4.6%7.9%4.6%18.0%3.2%0.7%116.7M-4.94B-39.3M1.609.38N/AN/A144,971232,0861,943,2223,008,518
2014-06-16$92.40$92.0012.4%4.6%7.9%10.2%16.2%3.1%0.2%97.0M-4.77B-38.6M1.739.46N/AN/A119,242206,6471,900,0602,960,503
2014-06-17$92.42$92.0012.2%4.6%7.7%7.9%15.0%3.1%0.4%55.6M-4.71B-38.7M1.199.74N/AN/A92,713110,6331,925,0823,054,154
2014-06-18$93.01$92.0011.2%4.5%7.4%0.0%16.2%2.8%0.7%113.8M-5.98B-37.1M1.3312.50N/AN/A142,076188,5991,948,6873,087,055
2014-06-19$92.88$88.0010.7%4.4%7.5%0.0%15.3%2.1%0.8%57.9M-6.17B-36.5M0.549.29N/AN/A403,541219,7891,967,3163,129,678
2014-06-20$92.70$92.0010.6%4.5%7.1%0.0%16.0%2.8%1.1%-198.8M-592.4M-36.4M1.5112.84N/AN/A136,214206,2391,445,2983,202,019
2014-06-23$92.75$92.0011.0%4.4%6.9%4.2%16.1%2.8%0.3%-1.8M-2.05B-35.9M2.139.76N/AN/A85,262181,8831,160,4232,203,974
2014-06-24$92.71$90.0011.3%4.4%5.5%6.9%14.5%3.0%0.2%-53.7M-1.91B-36.6M1.229.00N/AN/A196,306238,8801,197,5522,315,198
2014-06-25$93.24$92.0011.2%4.4%5.7%6.2%16.3%2.7%0.3%10.0M-2.60B-37.3M1.518.04N/AN/A129,876196,0941,252,5752,385,775
2014-06-26$93.32$92.0010.8%4.4%5.5%1.7%15.8%2.8%0.3%57.2M-2.80B-37.1M1.4410.83N/AN/A129,045186,0021,300,7522,466,133
2014-06-27$93.70$95.0010.8%4.3%5.5%2.1%14.7%2.5%0.3%279.3M-3.69B-36.5M1.389.65N/AN/A133,967184,6031,348,9672,499,486
2014-06-30$94.04$95.0010.8%4.3%5.5%2.4%16.9%3.1%0.2%224.3M-3.92B-35.5M0.8310.20N/AN/A150,883125,8611,285,0462,356,341