QQQ Options History — September 2015

In September 2015, QQQ traded between $99.51 and $107.10. ATM implied volatility averaged 24.0%, placing in the 48.4% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 5.6% (HV 20d: 29.6%). Max pain ranged from $106.00 to $109.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.77.

Notable Days

  • 2015-09-01: Highest Volume — 846,744 contracts
  • 2015-09-28: Largest IV spike — 17.2% change
  • 2015-09-01: Highest IV Rank — 77.3%
  • 2015-09-01: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.93$99.51$107.10$101.24$101.80
Max Pain$107.81$106.00$109.00$108.00$106.00
ATM IV24.0%19.7%31.6%31.6%24.9%
Expected Move7.0%5.6%9.7%9.7%7.3%
HV 20d29.6%22.5%33.5%30.4%23.1%
HV 60d22.3%20.9%23.6%20.9%23.6%
IV Rank48.4%31.8%77.3%77.3%51.4%
IV Percentile94.1%88.1%99.2%99.2%94.0%
Term Structure-0.0%-0.6%0.6%0.3%-0.4%
VWIV25.7%21.4%33.0%33.0%26.4%
Skew 25d8.1%7.1%10.5%10.5%7.6%
Skew 10d16.5%13.8%20.8%20.8%15.8%
Call IV 25d20.4%16.6%26.4%26.4%21.5%
Put IV 25d28.5%23.9%36.9%36.9%29.1%
Bid-Ask Spread %2.771.944.984.042.37
Gamma HHI0.060.040.140.040.06
Net GEX-379.7M-496.5M-241.0M-399.5M-342.3M
Net DEX5.68B1.94B9.26B9.26B6.26B
Net VEX-33.8M-37.7M-30.8M-36.6M-33.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.771.462.311.751.57
Total Volume640,255.952321,775846,744846,744652,442
Total OI4,013,132.4763,089,5514,564,9104,015,7423,838,972

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$101.24$108.0031.6%9.7%30.4%77.3%33.0%10.5%0.3%-399.5M9.26B-36.6M1.754.04N/AN/A307,748538,9961,574,3382,441,404
2015-09-02$103.61$108.0026.7%7.9%31.7%58.8%29.4%9.1%-0.2%-380.9M6.88B-37.7M1.962.78N/AN/A233,072457,3241,651,4382,542,521
2015-09-03$103.57$108.0026.0%7.3%31.5%56.2%28.8%8.5%-0.1%-422.0M7.06B-37.6M2.011.94N/AN/A232,171467,3551,703,5212,680,236
2015-09-04$102.45$108.0026.8%7.8%31.6%59.1%28.5%8.7%0.1%-470.2M8.67B-36.7M1.712.39N/AN/A302,788518,0271,731,4472,753,087
2015-09-08$105.01$109.0023.9%6.9%32.7%47.8%26.1%8.3%0.0%-358.4M5.07B-35.5M1.464.41N/AN/A251,278366,8691,567,7872,590,581
2015-09-09$103.71$109.0025.4%7.1%32.7%53.7%26.1%8.7%-0.6%-438.6M6.90B-35.2M1.592.24N/AN/A262,649417,5371,639,0092,691,906
2015-09-10$104.85$109.0024.0%6.9%33.0%48.2%25.9%8.3%0.0%-411.6M5.47B-35.4M1.742.25N/AN/A243,850423,4871,673,0962,753,905
2015-09-11$105.41$109.0022.9%6.7%33.2%44.1%24.7%8.2%0.6%-321.1M4.55B-35.4M1.822.19N/AN/A232,802422,6781,710,2392,854,671
2015-09-14$105.13$108.0023.5%6.7%33.1%46.1%24.4%8.4%-0.0%-390.4M5.09B-34.1M1.472.06N/AN/A130,415191,3601,605,7122,666,054
2015-09-15$106.52$108.0021.2%6.1%33.4%37.6%24.3%8.0%0.4%-296.6M2.93B-33.6M1.694.98N/AN/A140,081236,5421,636,1412,695,829
2015-09-16$107.10$108.0020.5%5.9%33.5%35.0%23.6%7.7%-0.2%-275.9M2.15B-32.9M1.782.47N/AN/A185,431330,8171,648,4562,751,739
2015-09-17$107.08$108.0019.7%5.6%33.5%31.8%22.4%7.3%-0.1%-298.0M1.94B-31.4M1.953.57N/AN/A268,139522,9541,651,4812,815,310
2015-09-18$105.40$108.0021.8%6.3%31.9%39.8%23.4%7.9%-0.5%-474.4M6.45B-31.5M1.782.80N/AN/A286,522508,9661,572,3922,899,249
2015-09-21$105.58$108.0020.6%5.9%27.8%35.3%21.4%7.3%0.3%-241.0M2.93B-30.8M1.502.68N/AN/A197,329295,9511,079,7382,009,813
2015-09-22$103.26$108.0023.1%6.7%26.7%44.9%23.9%8.0%0.1%-351.0M5.28B-31.1M1.902.51N/AN/A148,151280,9051,133,7552,070,276
2015-09-23$104.25$107.0021.8%6.2%26.8%40.0%23.2%7.1%0.3%-322.0M4.33B-31.5M2.312.33N/AN/A148,076341,8981,179,2622,142,784
2015-09-24$103.85$107.0022.5%6.4%23.8%42.6%23.3%7.2%0.1%-363.4M4.93B-32.3M1.792.85N/AN/A245,424438,7791,211,3332,245,853
2015-09-25$103.00$107.0023.3%6.7%22.5%45.4%23.4%7.3%0.1%-435.3M5.85B-32.9M1.612.44N/AN/A294,057474,6851,287,2692,337,808
2015-09-28$100.19$107.0027.3%8.1%24.3%60.5%28.0%8.3%-0.5%-484.8M8.32B-32.1M1.822.61N/AN/A254,545463,5721,226,7612,315,630
2015-09-29$99.51$106.0027.2%8.1%24.2%60.5%28.7%8.1%-0.4%-496.5M8.88B-31.6M1.922.30N/AN/A250,125479,5781,322,2682,372,711
2015-09-30$101.80$106.0024.9%7.3%23.1%51.4%26.4%7.6%-0.4%-342.3M6.26B-33.1M1.572.37N/AN/A253,930398,5121,382,8332,456,139