QQQ Options History — August 2016

In August 2016, QQQ traded between $115.00 and $117.71. ATM implied volatility averaged 12.5%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 5.2% (HV 20d: 7.3%). Max pain ranged from $110.00 to $114.50. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.67.

Notable Days

  • 2016-08-26: Highest Volume — 672,605 contracts
  • 2016-08-05: Largest IV drop — 10.1% change
  • 2016-08-25: Highest IV Rank — 12.5%
  • 2016-08-25: Largest Expected Move — 3.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.72$115.00$117.71$115.79$116.49
Max Pain$112.24$110.00$114.50$112.00$114.50
ATM IV12.5%11.1%13.7%12.2%13.7%
Expected Move3.5%3.2%3.8%3.3%3.6%
HV 20d7.3%6.0%9.1%9.1%6.0%
HV 60d14.6%14.1%15.4%15.3%14.1%
IV Rank5.2%0.0%12.5%1.6%12.4%
IV Percentile5.2%0.0%18.7%0.8%18.7%
Term Structure0.3%-0.6%0.9%0.3%-0.3%
VWIV13.7%12.0%16.1%12.3%13.3%
Skew 25d4.5%3.5%5.4%4.2%5.0%
Skew 10d9.3%7.4%10.7%7.7%9.9%
Call IV 25d10.6%9.7%11.5%10.7%11.3%
Put IV 25d15.1%13.3%16.8%14.9%16.3%
Bid-Ask Spread %1.891.584.081.591.58
Gamma HHI0.060.050.070.060.05
Net GEX114.8M-225.4M356.1M326.5M-214.9M
Net DEX-3.96B-6.73B-1.04B-5.10B-1.15B
Net VEX-38.3M-41.7M-34.3M-34.5M-40.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.671.072.181.731.73
Total Volume377,917.261245,130672,605372,961328,241
Total OI4,083,763.3043,596,0394,642,4513,678,9974,133,002

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$115.79$112.0012.2%3.3%9.1%1.6%12.3%4.2%0.3%326.5M-5.10B-34.5M1.731.59N/AN/A136,687236,2741,344,9822,334,015
2016-08-02$115.00$112.0013.3%3.7%9.0%6.2%13.0%4.7%0.1%139.5M-3.57B-36.3M1.571.66N/AN/A170,963267,6111,379,4102,428,236
2016-08-03$115.29$113.0012.8%3.4%8.8%4.1%13.0%4.5%0.2%186.2M-4.04B-36.7M1.071.70N/AN/A146,027156,5431,431,3592,501,149
2016-08-04$115.64$110.0012.4%3.7%8.8%2.6%16.1%4.3%0.3%254.9M-4.72B-35.9M1.661.76N/AN/A104,284173,3701,458,3252,546,491
2016-08-05$116.78$110.0011.1%3.5%7.9%0.0%14.1%3.5%0.4%294.3M-6.73B-34.3M1.251.76N/AN/A197,382247,2141,473,5672,599,618
2016-08-08$116.58$110.0011.7%3.5%7.9%2.1%14.3%3.9%0.4%265.9M-5.20B-34.3M1.341.92N/AN/A138,663185,3661,388,6132,475,473
2016-08-09$116.90$110.0011.7%3.6%7.9%1.9%13.7%4.0%0.7%356.1M-5.77B-34.8M1.981.60N/AN/A118,629234,8841,454,5642,544,919
2016-08-10$116.59$111.0012.3%3.6%8.0%4.2%14.5%4.2%0.4%150.5M-4.69B-37.4M1.941.66N/AN/A160,161310,5171,486,3352,651,793
2016-08-11$117.20$111.0012.0%3.6%7.9%3.3%13.6%4.0%0.8%247.5M-5.52B-39.5M1.871.66N/AN/A119,811224,2291,496,7072,814,025
2016-08-12$117.18$112.0011.7%3.5%7.8%2.2%13.7%4.0%0.8%93.3M-5.29B-40.1M1.851.95N/AN/A161,197298,0481,533,1972,882,457
2016-08-15$117.71$112.0011.9%3.5%7.6%3.0%14.8%4.3%0.9%286.9M-5.97B-39.1M2.181.77N/AN/A102,000222,8291,508,0382,798,948
2016-08-16$117.11$112.0013.0%3.7%7.7%6.9%13.9%4.5%0.5%101.5M-4.69B-40.0M1.561.68N/AN/A131,958205,7941,519,0922,870,312
2016-08-17$117.21$112.0013.0%3.7%6.5%6.9%14.1%4.4%0.5%168.8M-4.83B-40.0M1.782.95N/AN/A128,399228,6451,555,8352,891,003
2016-08-18$117.31$112.0012.4%3.5%6.2%4.9%15.1%4.2%0.4%204.1M-5.11B-39.9M1.584.08N/AN/A113,293179,4361,598,0032,948,362
2016-08-19$117.26$113.0011.7%3.3%6.2%2.0%12.3%4.1%0.4%94.1M-5.04B-38.9M1.531.82N/AN/A172,108263,9981,612,2673,030,184
2016-08-22$117.28$113.0011.8%3.2%6.2%2.7%12.0%4.7%0.7%66.3M-2.66B-38.3M1.541.58N/AN/A140,670217,1871,261,9062,334,133
2016-08-23$117.57$113.0012.2%3.3%6.2%3.9%13.1%4.7%-0.2%155.5M-3.32B-37.9M2.081.83N/AN/A106,668222,3331,309,3892,385,099
2016-08-24$116.78$113.0013.1%3.6%6.5%9.2%12.4%5.2%0.1%-68.1M-1.81B-39.4M1.552.02N/AN/A196,837304,9451,338,3272,442,945
2016-08-25$116.56$114.0013.7%3.8%6.5%12.5%14.3%5.3%-0.6%-90.7M-1.12B-41.7M1.701.67N/AN/A155,419264,9781,452,3502,544,595
2016-08-26$116.79$114.0013.1%3.6%6.5%9.7%14.3%5.4%0.1%-86.0M-1.69B-41.6M1.401.60N/AN/A280,477392,1281,514,5682,621,653
2016-08-29$116.96$114.0012.7%3.5%6.4%7.6%13.4%5.1%0.3%-67.1M-2.01B-39.9M1.891.67N/AN/A84,718160,4121,427,4162,556,873
2016-08-30$116.49$114.0013.3%3.5%6.0%10.4%12.8%5.0%-0.2%-225.4M-1.04B-40.1M1.691.89N/AN/A111,981188,7831,446,4162,600,605
2016-08-31$116.49$114.5013.7%3.6%6.0%12.4%13.3%5.0%-0.3%-214.9M-1.15B-40.1M1.731.58N/AN/A120,406207,8351,483,5442,649,458