QQQ Options History — April 2015

In April 2015, QQQ traded between $104.96 and $110.52. ATM implied volatility averaged 14.0%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 0.7% (HV 20d: 13.3%). Max pain ranged from $106.00 to $108.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.21.

Notable Days

  • 2015-04-17: Highest Volume — 674,670 contracts
  • 2015-04-13: Largest IV spike — 13.7% change
  • 2015-04-01: Highest IV Rank — 41.2%
  • 2015-04-01: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.64$104.96$110.52$104.96$107.46
Max Pain$107.24$106.00$108.00$106.50$108.00
ATM IV14.0%12.5%16.4%16.4%15.0%
Expected Move4.1%3.6%4.6%4.6%4.5%
HV 20d13.3%11.5%14.7%14.7%13.0%
HV 60d13.2%12.3%14.1%14.0%12.7%
IV Rank24.6%14.8%41.2%41.2%32.0%
IV Percentile49.0%29.0%77.0%77.0%67.1%
Term Structure0.2%-0.3%0.6%0.2%0.2%
VWIV14.6%12.9%16.9%16.3%15.4%
Skew 25d4.3%3.6%5.0%5.0%4.6%
Skew 10d8.3%7.4%9.6%9.6%8.8%
Call IV 25d12.1%10.9%14.1%14.1%13.1%
Put IV 25d16.4%14.6%19.1%19.1%17.7%
Bid-Ask Spread %2.071.842.532.352.53
Gamma HHI0.080.050.170.060.06
Net GEX128.1M-462.7M888.5M-360.9M-303.2M
Net DEX-1.14B-6.19B2.12B2.12B1.38B
Net VEX-26.9M-29.0M-25.5M-28.8M-28.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.681.671.251.08
Total Volume423,119.238234,479674,670543,455668,714
Total OI2,895,488.0482,444,4593,221,7792,775,0423,125,483

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$104.96$106.5016.4%4.6%14.7%41.2%16.3%5.0%0.2%-360.9M2.12B-28.8M1.252.35N/AN/A241,798301,6571,172,8511,602,191
2015-04-02$105.29$106.0015.0%4.5%14.7%31.9%16.9%4.9%0.3%-266.6M1.52B-29.0M1.341.90N/AN/A159,467213,7521,250,8111,682,885
2015-04-06$106.07$106.0015.2%4.5%14.4%33.3%16.6%4.8%0.3%-96.7M344.2M-27.5M1.471.87N/AN/A143,328210,1491,192,2051,646,322
2015-04-07$105.87$107.0015.0%4.4%14.3%31.9%15.4%4.6%0.2%-193.2M749.1M-27.7M1.531.95N/AN/A102,511156,5611,211,9471,714,311
2015-04-08$106.43$107.0014.3%4.3%14.3%26.9%14.5%4.5%0.6%5.4M-453.8M-27.2M1.132.27N/AN/A110,064124,4151,211,5921,748,442
2015-04-09$107.29$107.0013.4%4.0%13.1%21.0%15.0%4.3%0.6%189.5M-1.28B-26.8M1.501.90N/AN/A134,091201,5281,234,4201,781,795
2015-04-10$107.69$107.0012.9%3.7%13.1%17.0%14.3%4.1%0.1%244.0M-1.97B-26.4M1.271.84N/AN/A156,237198,5561,246,9781,839,417
2015-04-13$107.45$107.0014.6%4.2%13.1%29.1%14.5%4.6%-0.3%56.0M-1.09B-26.1M1.362.10N/AN/A161,659219,8241,139,1421,683,607
2015-04-14$107.04$107.0014.5%4.2%12.6%28.2%15.8%4.7%0.1%-53.2M-384.9M-26.4M1.671.94N/AN/A130,526217,5971,199,2181,738,990
2015-04-15$107.81$107.0013.3%3.8%12.8%20.0%14.1%4.2%0.2%169.2M-1.60B-26.0M1.541.90N/AN/A123,248190,3441,222,8101,783,438
2015-04-16$107.69$108.0013.2%3.7%12.1%19.0%14.0%4.0%0.6%180.8M-1.34B-26.0M0.682.02N/AN/A226,486154,8051,253,6711,835,562
2015-04-17$106.00$108.0014.9%4.3%13.4%31.1%14.9%4.5%0.1%-462.7M1.50B-25.8M1.272.00N/AN/A297,691376,9791,357,9411,863,838
2015-04-20$107.63$107.0013.5%3.9%14.5%21.6%14.1%4.3%-0.1%156.9M-1.03B-25.5M1.152.11N/AN/A182,040210,0901,036,9161,407,543
2015-04-21$108.14$107.0013.6%3.9%14.5%21.8%13.8%4.0%-0.0%259.0M-1.71B-26.1M1.132.16N/AN/A164,085185,5841,089,7961,498,478
2015-04-22$108.64$107.0013.1%3.7%14.6%19.0%13.4%4.0%-0.1%459.1M-2.46B-26.1M0.952.23N/AN/A152,516145,0191,152,1711,541,224
2015-04-23$109.11$107.5012.8%3.7%11.6%16.8%13.1%3.9%-0.0%674.7M-3.41B-26.1M0.982.17N/AN/A256,004251,0851,198,1551,576,501
2015-04-24$110.52$108.0012.5%3.6%12.1%14.8%13.3%3.6%-0.0%888.5M-6.19B-26.2M0.771.99N/AN/A345,107266,2311,279,9151,661,632
2015-04-27$110.11$108.0013.5%4.0%12.3%21.3%14.3%4.0%0.3%453.8M-3.61B-26.9M1.122.19N/AN/A208,616232,6351,169,9931,565,583
2015-04-28$109.86$108.0013.0%3.8%11.9%18.2%12.9%3.8%0.4%437.4M-3.13B-27.7M1.182.08N/AN/A248,569293,8321,250,4391,645,594
2015-04-29$109.32$108.0013.4%3.9%11.5%20.4%14.2%4.1%0.3%251.4M-1.97B-28.0M1.092.07N/AN/A250,059272,0451,280,5531,710,889
2015-04-30$107.46$108.0015.0%4.5%13.0%32.0%15.4%4.6%0.2%-303.2M1.38B-28.0M1.082.53N/AN/A321,525347,1891,361,7221,763,761