QQQ Options History — August 2015

In August 2015, QQQ traded between $99.37 and $112.21. ATM implied volatility averaged 19.8%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 2.1% (HV 20d: 17.7%). Max pain ranged from $108.00 to $112.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.66.

Notable Days

  • 2015-08-21: Highest Volume — 1,478,510 contracts
  • 2015-08-24: Largest IV spike — 41.9% change
  • 2015-08-21: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.07$99.37$112.21$111.51$104.55
Max Pain$110.43$108.00$112.00$112.00$108.00
ATM IV19.8%13.5%37.7%13.5%26.2%
Expected Move5.9%3.7%11.2%3.7%8.1%
HV 20d17.7%11.6%28.6%14.7%28.6%
HV 60d15.1%12.8%20.0%13.0%20.0%
IV Rank44.9%19.0%100.0%19.0%57.0%
IV Percentile74.5%41.7%100.0%41.7%98.0%
Term Structure-0.1%-2.5%1.4%0.1%0.6%
VWIV21.2%12.8%39.4%13.5%29.6%
Skew 25d6.8%3.7%14.3%4.3%10.1%
Skew 10d13.1%6.8%23.6%8.3%19.6%
Call IV 25d16.9%11.6%30.9%11.7%22.2%
Put IV 25d23.7%15.8%45.3%16.0%32.3%
Bid-Ask Spread %3.412.0015.422.692.84
Gamma HHI0.060.030.100.050.04
Net GEX-332.7M-847.6M27.6M-139.7M-328.6M
Net DEX4.05B-847.9M13.70B261.3M5.61B
Net VEX-35.0M-40.8M-30.6M-33.2M-38.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.661.272.211.742.03
Total Volume719,832.619333,5351,478,510367,310540,546
Total OI3,910,910.1433,404,8534,319,2533,528,3213,918,171

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$111.51$112.0013.5%3.7%14.7%19.0%13.5%4.3%0.1%-139.7M261.3M-33.2M1.742.69N/AN/A134,098233,2121,328,4562,199,865
2015-08-04$111.27$112.0013.7%3.8%14.7%20.7%13.7%4.4%0.1%-273.2M1.05B-34.3M1.512.09N/AN/A166,202251,0021,366,8982,281,573
2015-08-05$112.21$112.0013.5%3.7%13.4%19.2%12.8%4.3%0.2%27.6M-847.9M-34.7M1.932.14N/AN/A187,273361,5191,427,7132,331,127
2015-08-06$110.58$111.0015.2%4.4%14.8%31.3%16.5%4.8%-0.1%-535.3M2.86B-35.7M1.452.00N/AN/A353,245511,6651,439,5352,432,689
2015-08-07$110.21$111.0015.4%4.7%14.0%32.5%17.1%4.7%-0.1%-582.9M3.40B-36.6M1.612.06N/AN/A267,251429,0091,596,4002,505,077
2015-08-10$111.48$111.0014.0%4.4%13.5%22.7%16.5%4.4%1.2%-88.1M365.7M-35.5M1.732.24N/AN/A147,822256,0221,472,1192,302,154
2015-08-11$110.12$111.0015.7%4.7%14.1%34.3%17.5%4.9%0.8%-490.3M3.17B-35.8M1.392.96N/AN/A262,849364,5511,490,1992,354,622
2015-08-12$110.48$111.0015.5%4.8%14.2%33.0%17.9%5.0%1.2%-348.2M2.26B-36.1M1.772.16N/AN/A349,909618,0851,548,9412,391,159
2015-08-13$110.40$111.0015.2%4.7%13.1%30.8%16.7%4.7%1.4%-408.4M2.37B-35.9M1.872.12N/AN/A232,693435,0821,585,8702,492,695
2015-08-14$110.57$111.0014.8%4.4%11.9%28.1%18.1%4.7%0.9%-245.6M1.94B-35.5M2.212.17N/AN/A165,353364,6401,618,5052,444,284
2015-08-17$111.41$111.0014.8%4.4%12.2%28.0%16.7%5.2%-0.4%-186.6M311.0M-33.6M2.002.21N/AN/A131,160261,7121,506,5292,331,705
2015-08-18$110.85$111.0015.0%4.3%12.2%29.8%16.0%5.1%-0.1%-328.9M1.41B-33.6M1.622.27N/AN/A127,226206,3091,534,3182,373,165
2015-08-19$110.87$111.0015.0%4.3%11.6%29.7%15.8%3.7%-0.0%-562.3M1.58B-30.6M1.533.52N/AN/A248,848381,9661,557,4782,409,209
2015-08-20$107.24$111.0020.1%5.8%16.3%65.5%19.1%6.3%-0.6%-847.6M8.48B-33.6M1.272.30N/AN/A417,360531,2881,611,0232,470,037
2015-08-21$102.80$111.0026.6%7.8%21.6%100.0%26.5%9.2%-1.5%-482.1M13.70B-31.6M1.733.62N/AN/A541,090937,4201,758,8572,515,737
2015-08-24$99.70$110.0037.7%11.2%23.5%100.0%39.4%14.3%-2.5%-323.3M10.43B-32.1M1.6315.42N/AN/A426,709697,1121,372,0262,032,827
2015-08-25$99.37$109.0032.6%10.0%22.9%81.1%33.6%12.2%-0.6%-331.2M10.87B-31.5M1.324.20N/AN/A383,779505,9171,540,4702,163,292
2015-08-26$102.97$108.0028.4%8.6%27.0%65.5%30.7%10.7%-0.8%-294.4M7.49B-36.8M1.325.05N/AN/A401,418531,0121,684,3082,267,176
2015-08-27$105.29$108.0026.0%7.8%28.5%56.6%28.6%9.8%-0.2%-139.4M4.25B-39.0M1.494.03N/AN/A409,082611,1231,778,5252,375,126
2015-08-28$105.59$108.0026.6%8.1%28.5%58.8%29.7%10.5%-1.0%-78.4M4.20B-40.8M1.793.50N/AN/A263,443470,4831,791,6932,527,560
2015-08-31$104.55$108.0026.2%8.1%28.6%57.0%29.6%10.1%0.6%-328.6M5.61B-38.9M2.032.84N/AN/A178,447362,0991,551,8302,366,341