QQQ Options History — July 2014

In July 2014, QQQ traded between $94.37 and $97.15. ATM implied volatility averaged 12.0%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 3.3% (HV 20d: 8.7%). Max pain ranged from $94.00 to $94.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.37.

Notable Days

  • 2014-07-31: Highest Volume — 821,994 contracts
  • 2014-07-31: Largest IV spike — 23.6% change
  • 2014-07-31: Highest IV Rank — 44.8%
  • 2014-07-31: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.79$94.37$97.15$94.93$95.22
Max Pain$94.00$94.00$94.00$94.00$94.00
ATM IV12.0%10.4%15.1%10.5%15.1%
Expected Move4.3%4.1%4.7%4.2%4.7%
HV 20d8.7%5.9%12.3%6.2%12.3%
HV 60d9.9%9.1%12.3%12.3%9.7%
IV Rank15.1%0.0%44.8%0.0%44.8%
IV Percentile18.5%0.0%77.8%0.0%77.8%
Term Structure0.2%-0.6%0.7%0.2%-0.3%
VWIV15.6%14.1%17.0%14.8%16.3%
Skew 25d3.3%2.2%4.4%2.5%4.4%
Skew 10d6.7%4.7%9.1%4.7%9.1%
Call IV 25d10.6%9.2%13.3%9.6%13.3%
Put IV 25d13.9%11.4%17.7%12.1%17.7%
Bid-Ask Spread %10.425.7934.247.6513.06
Gamma HHI0.110.050.240.100.05
Net GEX231.1M-300.7M460.1M255.7M-300.7M
Net DEX-4.71B-6.55B-773.3M-5.27B-773.3M
Net VEX-37.3M-41.2M-34.1M-35.3M-41.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.370.632.041.041.54
Total Volume429,281.273223,828821,994431,611821,994
Total OI4,042,900.3643,614,8134,626,7293,702,2544,140,862

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$94.93$94.0010.5%4.2%6.2%0.0%14.8%2.5%0.2%255.7M-5.27B-35.3M1.047.65N/AN/A211,611220,0001,320,2152,382,039
2014-07-02$95.07$94.0010.4%4.2%6.2%0.0%16.1%2.6%0.2%252.4M-5.46B-35.9M0.877.14N/AN/A130,616113,4921,397,3332,446,986
2014-07-03$95.70$94.0010.4%4.1%5.9%0.2%15.9%2.2%-0.1%330.7M-6.55B-34.1M1.317.81N/AN/A97,020126,8081,430,5432,495,056
2014-07-07$95.40$94.0010.9%4.3%6.0%5.0%14.6%2.7%0.4%285.1M-5.61B-34.9M1.796.22N/AN/A114,487205,0871,384,8472,381,737
2014-07-08$94.37$94.0012.1%4.4%7.3%16.6%15.8%3.3%0.4%65.4M-3.25B-38.0M1.787.80N/AN/A241,733429,5041,405,7202,484,888
2014-07-09$94.97$94.0011.6%4.3%7.6%11.7%14.4%3.1%0.1%378.6M-4.61B-38.0M1.067.64N/AN/A164,903174,4171,501,0782,606,757
2014-07-10$94.66$94.0012.7%4.3%7.7%21.4%15.9%3.5%-0.6%309.6M-3.71B-39.1M2.049.60N/AN/A159,899326,6731,518,3612,662,102
2014-07-11$95.26$94.0012.1%4.4%7.4%16.0%15.8%3.5%0.4%179.2M-5.50B-38.5M0.878.47N/AN/A210,758182,3941,559,1842,752,870
2014-07-14$95.84$94.0011.8%4.3%7.6%13.5%15.2%3.4%0.3%272.0M-5.75B-36.8M1.815.79N/AN/A125,957227,5801,477,6342,684,023
2014-07-15$95.49$94.0012.7%4.4%7.8%21.9%14.1%3.4%0.0%217.7M-5.21B-37.8M1.6923.94N/AN/A222,359375,9201,491,9642,749,636
2014-07-16$95.89$94.0011.8%4.3%7.8%13.8%16.0%3.3%0.4%381.1M-5.95B-37.6M1.638.16N/AN/A105,738171,8391,574,1702,858,594
2014-07-17$94.71$94.0013.7%4.5%9.1%31.2%16.6%4.3%0.7%-29.1M-2.58B-40.0M1.8034.24N/AN/A232,209418,9541,580,1932,878,357
2014-07-18$96.08$94.0011.7%4.3%10.2%12.4%16.7%3.4%0.6%460.1M-6.45B-37.5M0.928.81N/AN/A349,934320,2021,650,1982,976,531
2014-07-21$95.97$94.0012.3%4.3%10.2%18.6%16.4%3.8%0.2%101.6M-3.44B-37.9M1.957.18N/AN/A116,263226,5821,282,8122,332,001
2014-07-22$96.52$94.0011.8%4.3%10.3%13.6%15.0%3.4%0.2%207.7M-4.66B-36.1M0.8614.29N/AN/A227,985195,6741,331,6022,413,669
2014-07-23$97.15$94.0011.5%4.3%10.4%10.2%17.0%3.0%0.3%358.4M-5.96B-35.2M0.6310.16N/AN/A281,683177,2931,402,5022,485,190
2014-07-24$97.09$94.0011.5%4.3%10.3%10.7%15.4%2.9%0.3%450.0M-5.92B-35.9M1.369.49N/AN/A154,477210,3561,486,3102,533,732
2014-07-25$96.68$94.0011.9%4.3%10.6%14.4%14.6%3.3%0.4%263.5M-4.58B-38.1M1.609.97N/AN/A143,440229,4551,520,9262,634,776
2014-07-28$96.73$94.0012.4%4.4%10.5%18.7%15.6%3.3%0.0%189.1M-4.02B-37.5M1.617.63N/AN/A104,460167,6731,386,1132,420,144
2014-07-29$96.59$94.0012.5%4.4%10.6%20.4%16.3%3.5%-0.1%146.2M-3.76B-37.8M1.287.41N/AN/A144,502184,4511,417,6642,490,688
2014-07-30$96.97$94.0012.2%4.4%10.2%17.5%14.3%3.4%0.0%309.7M-4.58B-37.5M0.796.78N/AN/A222,513175,2931,470,5782,543,223
2014-07-31$95.22$94.0015.1%4.7%12.3%44.8%16.3%4.4%-0.3%-300.7M-773.3M-41.2M1.5413.06N/AN/A323,432498,5621,550,5562,590,306