QQQ Options History — October 2016

In October 2016, QQQ traded between $116.89 and $119.43. ATM implied volatility averaged 14.7%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 3.4% (HV 20d: 11.3%). Max pain ranged from $117.50 to $119.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.96.

Notable Days

  • 2016-10-28: Highest Volume — 743,258 contracts
  • 2016-10-11: Largest IV spike — 16.0% change
  • 2016-10-31: Highest IV Rank — 29.9%
  • 2016-10-31: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.06$116.89$119.43$118.60$117.04
Max Pain$118.17$117.50$119.00$117.50$118.00
ATM IV14.7%13.0%16.9%13.6%16.9%
Expected Move4.3%3.4%5.3%3.6%5.3%
HV 20d11.3%9.5%15.0%15.0%9.5%
HV 60d10.4%10.1%10.7%10.2%10.5%
IV Rank18.3%9.4%29.9%12.5%29.9%
IV Percentile36.7%10.7%66.3%21.0%66.3%
Term Structure0.3%-0.6%1.6%1.2%-0.1%
VWIV15.6%12.9%18.9%14.5%18.9%
Skew 25d5.2%4.5%5.9%5.2%5.9%
Skew 10d10.1%9.1%11.1%10.4%10.6%
Call IV 25d12.4%10.9%14.4%11.3%14.4%
Put IV 25d17.6%15.5%20.3%16.5%20.3%
Bid-Ask Spread %1.611.451.971.971.46
Gamma HHI0.060.050.120.050.05
Net GEX-242.0M-872.2M176.9M1.0M-389.7M
Net DEX629.0M-1.85B3.16B-800.9M2.33B
Net VEX-38.0M-41.4M-33.4M-41.1M-36.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.961.482.892.891.53
Total Volume400,140.524251,972743,258391,017251,972
Total OI3,845,270.193,285,2554,128,2803,682,1833,513,208

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-10-03$118.60$117.5013.6%3.6%15.0%12.5%14.5%5.2%1.2%1.0M-800.9M-41.1M2.891.97N/AN/A100,584290,4331,263,5352,418,648
2016-10-04$118.37$117.5014.1%3.8%14.8%15.1%14.1%5.3%1.2%-87.5M-363.7M-41.4M2.291.95N/AN/A148,986341,7001,284,4432,488,962
2016-10-05$118.81$117.5013.3%3.4%14.9%11.2%12.9%5.0%1.5%60.8M-1.19B-40.9M2.661.80N/AN/A112,303299,1791,328,8572,547,923
2016-10-06$118.80$118.0013.2%4.2%14.8%10.6%15.5%4.8%1.5%15.5M-930.7M-41.0M2.341.54N/AN/A105,483246,5001,365,9582,641,835
2016-10-07$118.49$118.0013.7%4.3%12.1%13.3%15.0%4.8%1.6%-135.9M-285.2M-41.4M2.051.45N/AN/A147,487301,7831,387,1382,677,470
2016-10-10$119.28$119.0013.6%4.1%11.2%12.5%14.4%5.2%0.5%176.9M-1.85B-39.3M2.371.61N/AN/A89,678212,3141,327,0042,547,765
2016-10-11$117.43$119.0015.7%4.6%12.0%23.8%16.4%5.8%0.3%-474.6M2.25B-40.6M1.801.59N/AN/A174,933314,9341,324,8052,610,068
2016-10-12$117.53$119.0015.9%4.4%11.8%24.8%15.5%5.8%-0.6%-334.8M1.75B-40.4M2.011.54N/AN/A89,928181,0761,389,8952,645,997
2016-10-13$117.03$119.0016.5%4.7%10.4%27.9%17.4%5.4%-0.2%-540.1M2.74B-40.1M1.931.68N/AN/A149,852289,3111,404,7682,656,051
2016-10-14$117.34$119.0015.7%4.5%10.4%23.4%15.9%5.4%0.3%-356.4M1.93B-39.1M1.641.52N/AN/A187,293307,5651,418,6642,696,201
2016-10-17$116.89$118.0016.2%4.6%10.4%26.3%17.0%5.8%-0.5%-536.0M2.67B-37.7M1.581.52N/AN/A100,869159,0581,318,9782,574,291
2016-10-18$117.99$118.0015.3%4.4%10.9%21.7%14.7%5.3%-0.4%-111.3M360.6M-36.5M1.481.46N/AN/A134,753199,5641,357,6392,583,128
2016-10-19$117.92$118.0014.7%4.2%10.3%18.3%14.6%5.1%-0.4%-222.6M611.9M-36.0M1.691.49N/AN/A116,667197,3401,395,4312,637,101
2016-10-20$117.71$118.0014.4%4.1%9.9%16.8%15.4%4.8%-0.0%-392.3M1.19B-35.8M1.991.67N/AN/A117,885234,1391,438,6562,667,945
2016-10-21$118.11$118.0013.8%4.0%9.8%13.9%16.5%4.6%-0.3%-244.0M-73.2M-34.5M2.181.48N/AN/A155,029337,5541,454,3302,673,950
2016-10-24$119.43$118.0013.0%3.8%10.0%9.4%15.0%4.5%0.4%76.7M-1.33B-33.4M1.871.53N/AN/A120,705226,1181,099,7732,185,482
2016-10-25$119.05$118.0013.6%4.0%9.6%12.6%15.1%4.6%0.3%-7.9M-769.8M-34.1M1.911.77N/AN/A125,500240,1371,150,2912,276,546
2016-10-26$118.52$118.0014.0%4.2%9.7%14.7%16.1%4.7%0.3%-224.3M254.5M-34.9M1.551.74N/AN/A166,948258,7041,225,9342,332,961
2016-10-27$117.86$118.0014.8%4.5%9.7%19.0%15.6%4.9%0.3%-483.3M1.57B-35.8M1.491.52N/AN/A170,961254,4681,243,4482,411,966
2016-10-28$117.09$118.0016.1%4.9%9.5%25.8%17.3%5.5%0.0%-872.2M3.16B-36.5M1.871.56N/AN/A258,568484,6901,311,8742,471,755
2016-10-31$117.04$118.0016.9%5.3%9.5%29.9%18.9%5.9%-0.1%-389.7M2.33B-36.8M1.531.46N/AN/A99,658152,3141,214,1252,299,083