QQQ Options History — November 2015

In November 2015, QQQ traded between $109.96 and $115.34. ATM implied volatility averaged 15.4%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 0.5% (HV 20d: 15.0%). Max pain ranged from $110.00 to $112.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.50.

Notable Days

  • 2015-11-13: Highest Volume — 975,499 contracts
  • 2015-11-30: Largest IV spike — 33.1% change
  • 2015-11-13: Highest IV Rank — 29.2%
  • 2015-11-13: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.60$109.96$115.34$114.52$114.11
Max Pain$111.00$110.00$112.00$110.00$112.00
ATM IV15.4%11.7%19.0%14.1%15.6%
Expected Move4.6%3.9%5.6%4.1%4.7%
HV 20d15.0%13.4%17.9%14.2%13.4%
HV 60d22.0%17.8%24.4%24.4%17.8%
IV Rank15.7%1.7%29.2%10.8%15.2%
IV Percentile55.0%1.6%83.3%39.7%59.9%
Term Structure0.1%-6.5%1.3%0.4%0.4%
VWIV17.1%14.8%19.3%14.9%18.4%
Skew 25d5.0%4.1%5.8%4.6%5.3%
Skew 10d9.7%8.1%11.1%9.4%10.7%
Call IV 25d13.4%12.0%16.1%12.3%13.4%
Put IV 25d18.5%16.1%21.9%16.9%18.7%
Bid-Ask Spread %2.622.243.242.383.10
Gamma HHI0.070.040.210.050.08
Net GEX136.5M-511.0M981.1M214.8M133.8M
Net DEX-3.54B-6.92B3.38B-5.94B-2.57B
Net VEX-33.2M-35.8M-29.1M-32.1M-29.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.752.291.371.79
Total Volume399,351.15187,758975,499385,132215,762
Total OI4,458,716.153,758,2765,237,0604,110,2783,758,276

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-11-02$114.52$110.0014.1%4.1%14.2%10.8%14.9%4.6%0.4%214.8M-5.94B-32.1M1.372.38N/AN/A162,312222,8201,536,0842,574,194
2015-11-03$115.34$110.0013.9%3.9%14.0%9.8%14.8%4.4%0.2%264.4M-6.92B-33.0M1.082.36N/AN/A167,974182,1761,583,3972,657,613
2015-11-04$114.85$110.0014.8%4.2%14.3%13.3%16.2%4.8%0.1%197.7M-6.15B-34.0M1.892.49N/AN/A127,691240,8181,650,7072,733,626
2015-11-05$114.80$110.0014.6%4.6%14.4%12.5%16.9%4.4%0.3%166.0M-5.85B-34.6M2.002.24N/AN/A135,606271,8791,669,3232,796,501
2015-11-06$114.82$110.0013.9%4.4%14.5%9.9%15.3%4.1%0.5%208.9M-5.99B-33.8M1.732.95N/AN/A201,998349,3211,698,2672,848,273
2015-11-09$113.53$110.0015.8%4.7%15.4%16.9%17.6%5.0%0.6%42.4M-3.37B-35.8M1.763.11N/AN/A125,878221,7101,666,1412,739,425
2015-11-10$113.13$110.0015.4%4.7%15.3%15.7%18.1%4.8%1.0%-20.8M-2.74B-35.4M1.602.40N/AN/A147,555235,5511,700,5322,791,293
2015-11-11$113.46$111.0015.0%4.7%15.1%14.1%19.3%4.7%1.3%35.8M-3.41B-34.7M2.292.48N/AN/A70,013160,3311,726,4692,816,249
2015-11-12$112.04$111.0016.7%5.0%15.2%20.5%17.4%5.0%0.9%-260.5M-539.7M-35.8M1.462.29N/AN/A172,893252,1911,750,2502,866,367
2015-11-13$109.96$111.0019.0%5.6%16.8%29.2%18.9%5.8%0.9%-511.0M3.38B-35.8M1.962.40N/AN/A329,386646,1131,782,0342,891,147
2015-11-16$111.32$111.0017.6%5.1%17.3%23.8%18.4%5.8%-0.4%-338.9M318.8M-33.8M1.212.73N/AN/A204,969248,1031,824,1382,960,638
2015-11-17$111.56$111.0017.6%5.1%17.0%24.0%17.6%5.6%0.1%-286.7M-311.5M-34.4M0.972.29N/AN/A236,347228,2931,898,1583,030,710
2015-11-18$113.71$111.0016.0%4.6%17.9%18.0%17.7%5.1%0.2%388.0M-5.52B-32.8M0.752.40N/AN/A290,490218,2832,000,7433,063,375
2015-11-19$113.78$112.0016.2%4.7%16.9%18.8%18.8%5.5%0.0%579.9M-5.67B-33.4M1.172.37N/AN/A222,523260,0722,061,0893,133,309
2015-11-20$114.34$112.0015.3%4.4%13.6%15.4%17.5%5.2%-0.1%981.1M-6.71B-32.0M1.422.57N/AN/A195,378276,7442,048,1983,188,862
2015-11-23$114.15$112.0015.5%4.5%13.7%16.1%16.9%5.1%0.1%264.2M-3.22B-31.0M1.372.86N/AN/A111,727152,5201,582,3912,237,791
2015-11-24$114.05$112.0015.3%4.4%13.7%15.1%16.9%5.2%0.0%227.4M-2.83B-31.9M1.613.00N/AN/A114,588184,0731,627,6352,285,890
2015-11-25$114.13$112.0014.9%4.3%13.4%13.6%15.6%5.3%1.2%224.4M-3.17B-30.4M1.392.76N/AN/A90,138125,0391,645,7142,325,237
2015-11-27$114.31$112.0011.7%4.3%13.4%1.7%14.8%5.2%-6.5%219.8M-3.62B-29.5M1.223.24N/AN/A84,565103,1931,662,7922,361,485
2015-11-30$114.11$112.0015.6%4.7%13.4%15.2%18.4%5.3%0.4%133.8M-2.57B-29.1M1.793.10N/AN/A77,278138,4841,538,2272,220,049