QQQ Options History — March 2017

In March 2017, QQQ traded between $129.89 and $132.63. ATM implied volatility averaged 10.2%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 2.5% (HV 20d: 7.7%). Max pain ranged from $128.00 to $132.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 1.83.

Notable Days

  • 2017-03-21: Highest Volume — 847,904 contracts
  • 2017-03-21: Largest IV spike — 24.8% change
  • 2017-03-23: Highest IV Rank — 23.0%
  • 2017-03-23: Largest Expected Move — 3.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.29$129.89$132.63$131.61$132.63
Max Pain$130.22$128.00$132.00$128.00$132.00
ATM IV10.2%8.6%11.7%10.5%10.8%
Expected Move2.9%2.5%3.3%3.2%2.5%
HV 20d7.7%6.5%9.1%6.5%7.5%
HV 60d7.9%7.1%8.7%8.5%7.1%
IV Rank7.5%0.0%23.0%2.6%16.7%
IV Percentile5.0%0.0%17.5%2.8%13.5%
Term Structure0.4%-0.1%1.3%0.5%-0.1%
VWIV10.6%9.1%12.3%12.3%9.3%
Skew 25d2.9%2.3%3.4%2.5%3.1%
Skew 10d5.8%4.5%7.7%4.7%5.8%
Call IV 25d9.2%7.9%10.3%9.7%9.6%
Put IV 25d12.0%10.3%13.7%12.2%12.7%
Bid-Ask Spread %1.701.234.141.371.69
Gamma HHI0.070.050.140.060.09
Net GEX19.4M-602.5M562.9M162.2M468.9M
Net DEX-2.86B-6.43B2.15B-5.89B-3.64B
Net VEX-41.0M-47.2M-36.0M-36.0M-43.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.830.823.072.422.52
Total Volume496,616.522298,890847,904563,916622,883
Total OI3,977,009.5223,415,6984,408,7983,648,4104,249,877

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$131.61$128.0010.5%3.2%6.5%2.6%12.3%2.5%0.5%162.2M-5.89B-36.0M2.421.37N/AN/A164,806399,1101,135,5842,512,826
2017-03-02$130.72$128.0010.5%3.1%7.0%2.8%11.3%2.7%0.7%-151.8M-3.96B-37.6M1.011.31N/AN/A252,979255,8111,165,2332,618,292
2017-03-03$130.92$128.009.8%2.7%6.9%0.0%10.0%2.3%0.5%334.5M-4.93B-38.5M1.361.23N/AN/A223,431304,6391,296,1942,652,903
2017-03-06$130.90$130.009.8%3.0%6.9%0.3%11.4%2.5%0.3%-117.1M-4.18B-37.5M1.851.48N/AN/A120,410222,9371,196,0822,507,605
2017-03-07$130.35$130.0010.0%3.1%7.3%1.5%10.9%2.7%0.4%-349.5M-3.20B-38.0M1.741.59N/AN/A136,005237,0331,240,7032,570,909
2017-03-08$130.69$130.0010.1%3.0%7.2%2.6%11.1%2.7%0.3%-253.8M-3.76B-38.5M2.091.37N/AN/A163,417341,5171,288,9952,630,361
2017-03-09$130.90$130.0010.2%3.0%7.2%3.0%10.5%2.7%0.2%-187.3M-4.08B-40.0M2.121.50N/AN/A170,384360,7241,333,6542,804,834
2017-03-10$131.29$130.009.6%3.0%7.2%0.0%10.8%3.3%0.3%192.4M-4.89B-40.2M2.411.45N/AN/A167,647404,0991,398,8142,902,464
2017-03-13$131.64$130.009.8%2.9%7.2%1.4%11.2%2.9%0.2%204.1M-5.02B-38.7M1.881.50N/AN/A103,651195,2391,322,2982,770,559
2017-03-14$131.25$130.0010.3%3.0%7.2%5.5%11.0%3.1%0.3%6.6M-4.13B-39.6M1.771.54N/AN/A150,992266,5201,347,6282,824,132
2017-03-15$132.27$130.009.5%2.9%7.5%0.0%9.9%2.9%0.7%562.9M-6.43B-38.6M0.981.37N/AN/A291,327285,8501,395,2842,859,952
2017-03-16$131.99$130.009.3%2.8%7.4%0.0%9.5%2.5%0.4%285.2M-6.03B-38.0M0.821.53N/AN/A317,952260,2701,450,1122,958,686
2017-03-17$131.69$130.009.1%2.6%7.5%0.0%10.0%2.6%0.1%-58.4M-1.26B-40.5M1.581.44N/AN/A215,907340,5921,232,1643,047,396
2017-03-20$131.76$131.008.6%2.5%7.4%0.0%9.7%2.3%1.3%204.2M-1.67B-40.4M3.071.58N/AN/A106,657327,7651,139,6342,276,064
2017-03-21$129.89$131.0010.7%3.1%8.9%15.9%11.1%3.1%0.7%-602.5M2.15B-42.4M2.082.40N/AN/A275,065572,8391,162,3432,361,015
2017-03-22$130.63$131.0010.9%3.1%9.1%17.2%11.3%3.3%0.7%-318.9M600.7M-46.0M1.631.97N/AN/A201,588327,7961,291,2562,557,232
2017-03-23$130.30$131.0011.7%3.3%9.0%23.0%11.4%3.4%0.6%-536.3M1.80B-47.2M1.451.67N/AN/A181,140262,9111,319,9412,642,286
2017-03-24$130.77$131.0011.5%3.2%9.1%21.6%10.9%3.3%0.7%-226.3M562.8M-47.2M1.684.14N/AN/A210,953353,8411,377,0582,676,134
2017-03-27$131.01$131.0011.3%3.0%9.1%20.6%11.1%3.3%0.1%-223.9M-52.1M-44.2M2.331.63N/AN/A137,358320,3851,318,6502,553,576
2017-03-28$131.79$131.0010.4%2.7%9.1%13.7%10.1%3.0%0.2%227.2M-1.90B-43.8M1.911.64N/AN/A128,687245,8181,357,2652,593,407
2017-03-29$132.22$131.0010.3%2.6%7.9%12.6%9.8%2.8%0.3%336.6M-2.65B-43.7M1.871.83N/AN/A115,437215,7821,368,7712,664,383
2017-03-30$132.40$131.0010.1%2.5%7.5%11.1%9.1%2.8%0.4%488.2M-3.14B-42.9M1.611.84N/AN/A176,791285,2351,387,9082,710,755
2017-03-31$132.63$132.0010.8%2.5%7.5%16.7%9.3%3.1%-0.1%468.9M-3.64B-43.9M2.521.69N/AN/A176,896445,9871,464,8812,784,996