QQQ Options History — September 2016

In September 2016, QQQ traded between $114.67 and $119.15. ATM implied volatility averaged 13.7%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 2.4% (HV 20d: 11.3%). Max pain ranged from $114.00 to $117.50. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.83.

Notable Days

  • 2016-09-09: Highest Volume — 835,035 contracts
  • 2016-09-09: Largest IV spike — 32.1% change
  • 2016-09-13: Highest IV Rank — 29.7%
  • 2016-09-13: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$117.38$114.67$119.15$116.66$118.93
Max Pain$116.69$114.00$117.50$114.00$117.50
ATM IV13.7%11.6%16.9%13.3%12.8%
Expected Move3.9%3.1%4.8%3.7%3.4%
HV 20d11.3%4.9%14.9%5.9%14.9%
HV 60d12.9%10.5%15.0%14.1%10.6%
IV Rank13.4%2.5%29.7%11.0%8.9%
IV Percentile21.0%0.4%56.0%12.3%10.3%
Term Structure0.4%-0.2%0.8%0.6%0.5%
VWIV14.4%10.8%17.2%13.2%12.7%
Skew 25d5.1%4.2%6.2%5.1%4.9%
Skew 10d10.0%8.6%11.9%9.9%9.8%
Call IV 25d11.5%9.9%14.2%11.3%10.6%
Put IV 25d16.6%14.1%20.4%16.4%15.4%
Bid-Ask Spread %1.771.481.981.671.74
Gamma HHI0.080.050.280.050.26
Net GEX61.7M-385.5M925.3M-54.1M925.3M
Net DEX-867.1M-4.10B3.74B-1.66B-2.09B
Net VEX-39.5M-42.7M-37.2M-40.8M-41.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.831.013.001.232.01
Total Volume508,734.095331,039835,035404,849499,075
Total OI4,107,066.6673,304,6954,669,8064,298,1064,131,648

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-09-01$116.66$114.0013.3%3.7%5.9%11.0%13.2%5.1%0.6%-54.1M-1.66B-40.8M1.231.67N/AN/A181,893222,9561,583,5102,714,596
2016-09-02$117.05$114.5012.3%3.1%4.9%5.7%10.8%4.5%0.4%897.7M-2.89B-39.0M1.131.48N/AN/A293,773333,3741,615,3782,775,957
2016-09-06$117.76$116.0012.0%3.7%5.3%4.3%15.0%4.8%0.4%225.0M-4.00B-37.6M1.651.57N/AN/A125,044205,9951,539,2872,718,197
2016-09-07$117.86$117.0011.6%3.5%5.2%2.5%15.0%4.5%0.3%180.2M-4.10B-37.2M2.331.67N/AN/A118,148274,9031,570,4222,774,857
2016-09-08$117.29$117.0011.9%3.7%5.5%4.2%14.0%4.6%0.2%-58.8M-2.51B-37.5M1.511.87N/AN/A135,367204,8121,591,7722,823,039
2016-09-09$114.67$117.0015.8%4.4%9.5%24.0%16.0%5.7%-0.2%-385.5M3.74B-38.8M1.521.64N/AN/A330,919504,1161,626,5512,866,407
2016-09-12$116.38$116.0014.1%4.2%11.1%15.2%15.5%5.4%0.6%-64.9M-565.3M-37.2M1.571.86N/AN/A234,767369,5611,549,4742,772,251
2016-09-13$115.11$116.0016.9%4.8%11.5%29.7%16.7%6.2%0.0%-270.4M2.28B-38.7M2.131.84N/AN/A170,385362,7471,594,7622,834,792
2016-09-14$115.86$117.0016.2%4.7%11.7%26.3%17.2%6.1%0.0%-120.2M866.5M-38.7M1.571.96N/AN/A192,611302,3461,637,8122,896,834
2016-09-15$117.73$117.0014.6%4.1%13.1%17.9%16.4%5.5%-0.2%245.9M-3.06B-39.7M1.011.72N/AN/A341,266345,4991,675,6832,994,123
2016-09-16$117.39$117.0014.0%4.1%13.2%14.9%13.7%5.1%0.5%164.0M883.6M-38.9M1.261.73N/AN/A239,495301,1521,419,5553,083,010
2016-09-19$116.86$117.0014.6%4.2%13.3%17.7%15.1%5.5%0.4%-188.4M660.1M-38.7M1.931.72N/AN/A144,024277,7621,142,3892,162,306
2016-09-20$117.16$117.0015.1%4.3%13.3%20.6%15.3%5.6%0.4%-189.2M475.3M-39.4M1.761.67N/AN/A123,994218,2521,173,8622,249,467
2016-09-21$118.25$117.0013.4%3.9%13.7%11.9%14.6%5.0%0.5%-10.0M-1.19B-38.7M2.281.95N/AN/A175,281399,2771,191,9712,318,661
2016-09-22$119.15$117.0012.0%3.4%13.7%4.7%12.8%4.3%0.8%328.4M-2.88B-39.0M1.301.98N/AN/A269,047349,0901,258,1502,484,813
2016-09-23$118.35$117.0012.2%3.4%13.9%5.4%12.3%4.2%0.8%-41.0M-1.12B-40.8M3.001.98N/AN/A131,596394,7691,325,1552,597,554
2016-09-26$117.37$117.5014.5%4.1%14.3%17.7%15.5%5.3%0.4%-302.2M1.20B-42.5M2.611.76N/AN/A132,984347,1511,248,2702,519,156
2016-09-27$118.51$117.0013.4%3.7%14.6%11.5%13.5%4.7%0.4%41.9M-1.07B-41.2M2.501.73N/AN/A119,946299,7401,301,2912,540,484
2016-09-28$118.64$117.5013.3%3.6%14.5%11.1%12.5%4.7%0.5%139.1M-1.25B-41.2M1.841.76N/AN/A160,258294,9021,328,5722,576,515
2016-09-29$118.00$117.5014.4%4.0%14.7%17.0%15.4%5.4%0.3%-166.8M68.8M-42.7M2.321.93N/AN/A166,994388,1451,396,5992,643,268
2016-09-30$118.93$117.5012.8%3.4%14.9%8.9%12.7%4.9%0.5%925.3M-2.09B-41.6M2.011.74N/AN/A165,685333,3901,416,2192,715,429