QQQ Options History — August 2014

In August 2014, QQQ traded between $94.28 and $99.73. ATM implied volatility averaged 12.7%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 1.6% (HV 20d: 11.1%). Max pain ranged from $93.00 to $94.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.57.

Notable Days

  • 2014-08-15: Highest Volume — 737,753 contracts
  • 2014-08-13: Largest IV drop — 9.2% change
  • 2014-08-07: Highest IV Rank — 50.0%
  • 2014-08-07: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.16$94.28$99.73$94.64$99.73
Max Pain$93.71$93.00$94.00$94.00$93.00
ATM IV12.7%10.8%15.7%15.4%11.0%
Expected Move4.5%4.2%4.9%4.7%4.2%
HV 20d11.1%7.1%12.6%12.2%7.1%
HV 60d9.4%8.9%10.1%9.8%8.9%
IV Rank22.4%3.9%50.0%47.9%5.7%
IV Percentile33.7%2.4%82.1%80.2%5.6%
Term Structure0.2%-0.1%0.6%-0.1%-0.1%
VWIV17.1%12.8%22.7%18.0%14.2%
Skew 25d3.6%2.9%4.7%4.7%3.0%
Skew 10d7.1%5.3%9.4%9.4%6.1%
Call IV 25d11.3%9.4%13.9%13.4%9.8%
Put IV 25d14.9%12.3%18.4%18.1%12.8%
Bid-Ask Spread %8.875.8419.6612.538.25
Gamma HHI0.060.040.100.050.04
Net GEX93.5M-310.4M387.2M-249.4M190.5M
Net DEX-4.26B-7.47B368.1M10.6M-7.47B
Net VEX-39.9M-43.2M-36.8M-42.2M-39.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.942.221.831.03
Total Volume415,185.238244,651737,753612,530358,002
Total OI4,367,951.2383,739,3924,726,5514,263,6624,726,551

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$94.64$94.0015.4%4.7%12.2%47.9%18.0%4.7%-0.1%-249.4M10.6M-42.2M1.8312.53N/AN/A216,581395,9491,629,5892,634,073
2014-08-04$95.23$94.0014.3%4.7%12.4%37.5%18.2%4.1%0.1%-115.0M-1.61B-40.7M1.957.18N/AN/A137,237267,0581,499,0412,526,164
2014-08-05$94.31$94.0015.2%4.9%12.3%45.9%18.4%4.7%0.2%-284.7M-313.5M-41.5M1.587.44N/AN/A230,056362,5951,525,9842,603,351
2014-08-06$94.58$94.0015.4%4.8%12.1%47.5%19.6%4.5%0.1%-256.7M-309.1M-42.4M1.6319.66N/AN/A138,443225,4941,586,1752,664,177
2014-08-07$94.28$94.0015.7%4.9%12.1%50.0%19.3%4.5%0.0%-310.4M368.1M-42.7M1.428.74N/AN/A248,719352,2741,631,9032,710,776
2014-08-08$94.73$94.0015.6%4.9%12.0%49.0%19.0%4.2%0.2%-201.8M-672.7M-43.2M1.669.97N/AN/A202,547335,2131,691,4912,776,944
2014-08-11$95.46$94.0014.4%4.8%12.1%37.9%18.7%3.9%0.2%-52.6M-2.22B-41.1M2.106.30N/AN/A119,820252,1201,633,9652,747,898
2014-08-12$95.37$94.0014.2%4.8%12.0%36.2%17.2%3.7%0.2%-93.0M-2.09B-41.6M1.527.06N/AN/A125,666190,9991,679,0672,842,940
2014-08-13$96.46$94.0012.9%4.6%12.6%23.9%20.1%3.4%0.3%258.3M-4.66B-39.3M1.548.48N/AN/A169,838260,7311,728,5572,837,705
2014-08-14$96.99$94.0012.1%4.4%11.8%16.5%22.7%3.4%0.6%352.1M-5.80B-37.7M1.507.37N/AN/A143,756215,2351,724,8512,872,284
2014-08-15$97.39$94.0012.0%4.4%10.8%15.8%15.7%3.8%0.1%289.9M-6.61B-37.9M1.2910.33N/AN/A322,215415,5381,745,6692,950,187
2014-08-18$98.10$94.0011.6%4.3%11.0%11.2%14.3%3.5%0.3%175.6M-5.26B-36.8M1.206.54N/AN/A238,026285,3821,403,0402,336,352
2014-08-19$98.62$94.0011.3%4.2%11.0%8.4%15.1%3.3%0.4%280.3M-5.93B-38.4M1.698.19N/AN/A146,470247,9591,534,7142,497,290
2014-08-20$98.73$94.0011.3%4.3%10.8%8.4%15.5%3.1%0.4%215.8M-5.84B-39.4M1.366.13N/AN/A139,806189,9931,562,8192,669,021
2014-08-21$98.93$93.0011.1%4.3%10.8%6.5%17.8%2.9%0.3%270.8M-6.19B-40.3M1.648.71N/AN/A95,480156,9661,633,4282,735,370
2014-08-22$99.05$93.0010.8%4.3%10.6%3.9%17.6%3.0%0.2%387.2M-6.74B-39.4M1.349.68N/AN/A150,926202,1661,663,1402,777,609
2014-08-25$99.35$93.0010.9%4.3%10.7%4.5%15.9%3.0%-0.0%288.3M-6.86B-38.0M0.9415.58N/AN/A187,317175,2991,618,7272,658,500
2014-08-26$99.50$93.0010.9%4.3%10.6%4.6%14.2%3.0%-0.1%328.6M-7.29B-38.4M1.726.09N/AN/A105,868181,7661,703,5852,752,822
2014-08-27$99.52$93.0010.8%4.2%10.6%3.9%14.8%2.9%-0.1%269.7M-7.19B-38.5M2.226.12N/AN/A76,044168,6071,739,9862,839,171
2014-08-28$99.47$94.0010.9%4.3%7.7%4.6%12.8%3.2%-0.1%220.7M-6.83B-40.0M1.825.84N/AN/A101,096183,6331,756,5972,875,463
2014-08-29$99.73$93.0011.0%4.2%7.1%5.7%14.2%3.0%-0.1%190.5M-7.47B-39.6M1.038.25N/AN/A176,077181,9251,793,0812,933,470