QQQ Options History — June 2016

In June 2016, QQQ traded between $102.30 and $110.50. ATM implied volatility averaged 16.5%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.1% (HV 20d: 13.4%). Max pain ranged from $108.00 to $108.50. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.40.

Notable Days

  • 2016-06-24: Highest Volume — 687,510 contracts
  • 2016-06-24: Largest IV spike — 29.9% change
  • 2016-06-27: Highest IV Rank — 39.7%
  • 2016-06-27: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.95$102.30$110.50$110.21$107.38
Max Pain$108.02$108.00$108.50$108.00$108.00
ATM IV16.5%13.1%22.0%14.3%15.7%
Expected Move4.7%3.9%6.4%4.0%4.2%
HV 20d13.4%9.4%21.5%12.4%21.5%
HV 60d13.0%11.9%16.1%12.5%15.9%
IV Rank18.4%5.5%39.7%10.1%15.4%
IV Percentile41.5%4.4%77.8%16.3%35.3%
Term Structure0.1%-0.4%0.6%-0.1%0.2%
VWIV17.3%13.8%23.1%14.1%15.6%
Skew 25d5.9%4.3%8.3%4.8%5.5%
Skew 10d12.0%8.8%16.3%9.2%10.8%
Call IV 25d13.9%11.5%18.7%12.1%13.3%
Put IV 25d19.9%15.9%26.4%16.9%18.8%
Bid-Ask Spread %2.421.755.712.152.71
Gamma HHI0.060.050.100.060.05
Net GEX-211.2M-640.5M285.1M215.6M-195.0M
Net DEX1.94B-1.94B8.16B-1.56B804.7M
Net VEX-31.6M-33.7M-29.1M-30.5M-31.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.932.431.531.25
Total Volume415,792.864233,003687,510289,908515,342
Total OI3,421,083.4552,878,6533,904,6223,354,8823,493,647

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-06-01$110.21$108.0014.3%4.0%12.4%10.1%14.1%4.8%-0.1%215.6M-1.56B-30.5M1.532.15N/AN/A114,569175,3391,264,8032,090,079
2016-06-02$110.50$108.0013.7%4.0%12.0%7.7%15.6%4.5%-0.1%285.1M-1.94B-30.2M1.111.75N/AN/A150,424166,6721,288,2072,152,242
2016-06-03$110.13$108.0013.4%3.9%12.1%6.6%15.4%4.4%0.0%60.4M-1.32B-29.8M1.912.04N/AN/A151,944290,5781,308,0692,195,985
2016-06-06$110.50$108.0013.4%4.0%12.1%6.5%13.8%4.4%0.5%173.5M-1.43B-29.1M1.131.94N/AN/A128,101144,3221,205,9852,139,585
2016-06-07$110.16$108.0013.5%3.9%12.2%7.0%14.8%4.3%0.1%154.1M-1.02B-29.5M1.251.90N/AN/A114,399143,0871,256,0152,178,442
2016-06-08$110.35$108.0013.1%3.9%11.4%5.5%14.5%4.4%0.5%169.6M-1.29B-29.4M1.221.88N/AN/A104,786128,2171,285,0412,211,652
2016-06-09$110.24$108.0013.6%3.9%10.8%7.5%16.2%4.4%0.1%63.2M-1.03B-29.7M2.211.82N/AN/A144,435319,5911,311,2862,247,591
2016-06-10$108.85$108.0015.3%4.4%11.7%14.1%16.6%5.5%-0.0%-303.1M1.68B-32.9M1.522.00N/AN/A226,890345,6921,333,8352,423,297
2016-06-13$107.91$108.0017.8%5.1%12.2%23.7%18.8%6.9%0.1%-308.2M3.10B-33.6M1.452.32N/AN/A174,029253,1061,261,3302,394,076
2016-06-14$108.00$108.0017.8%5.1%11.4%23.8%18.7%6.8%0.3%-296.0M3.13B-33.7M0.932.11N/AN/A210,071195,6581,296,6852,463,494
2016-06-15$107.61$108.0017.4%5.0%11.5%21.9%18.6%6.5%0.6%-366.1M3.41B-33.6M1.192.12N/AN/A148,645177,0611,341,7262,461,587
2016-06-16$108.04$108.0017.1%4.9%11.1%20.8%18.9%6.4%0.2%-267.2M2.93B-33.4M1.032.07N/AN/A282,176291,6281,362,1722,520,157
2016-06-17$106.48$108.0018.3%5.3%12.3%25.4%18.3%6.4%-0.4%-619.0M5.78B-33.2M1.262.21N/AN/A219,072276,0611,309,4452,595,177
2016-06-20$107.12$108.0017.0%4.9%12.0%20.4%17.3%6.5%0.3%-365.9M2.81B-32.0M1.332.26N/AN/A134,049177,828962,5201,916,133
2016-06-21$107.53$108.0017.2%5.0%12.1%21.4%17.4%6.9%0.2%-299.3M2.26B-31.7M1.392.13N/AN/A145,834202,263983,4671,910,374
2016-06-22$107.32$108.5018.7%5.5%9.4%27.2%19.2%7.5%-0.0%-317.6M2.86B-33.0M2.432.67N/AN/A92,475224,7021,040,2162,004,166
2016-06-23$108.73$108.0016.2%4.6%10.2%17.5%17.0%6.7%0.3%-179.6M1.18B-31.5M1.175.71N/AN/A189,170222,0881,057,0852,046,443
2016-06-24$104.78$108.0021.1%6.2%16.5%36.2%21.2%8.3%-0.1%-620.0M6.33B-32.8M1.833.97N/AN/A242,653444,8571,115,9412,131,638
2016-06-27$102.30$108.0022.0%6.4%18.0%39.7%23.1%7.7%-0.3%-640.5M8.16B-30.2M1.532.76N/AN/A220,055336,7291,032,5052,051,914
2016-06-28$104.46$108.0018.5%5.2%19.9%26.2%18.5%6.1%0.1%-598.0M5.32B-31.2M1.022.34N/AN/A209,971213,6271,137,7312,120,543
2016-06-29$106.24$108.0017.1%4.7%21.1%20.8%16.9%5.6%0.1%-393.0M2.65B-31.6M1.152.50N/AN/A232,529266,7181,191,0152,170,535
2016-06-30$107.38$108.0015.7%4.2%21.5%15.4%15.6%5.5%0.2%-195.0M804.7M-31.6M1.252.71N/AN/A228,729286,6131,236,7782,256,869