QQQ Options History — February 2018

In February 2018, QQQ traded between $154.42 and $170.12. ATM implied volatility averaged 20.0%, placing in the 62.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 2.6% (HV 20d: 22.6%). Max pain ranged from $163.00 to $165.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.97.

Notable Days

  • 2018-02-09: Highest Volume — 1,916,528 contracts
  • 2018-02-05: Largest IV spike — 40.6% change
  • 2018-02-02: Highest IV Rank — 100.0%
  • 2018-02-08: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$163.52$154.42$170.12$168.05$167.40
Max Pain$164.05$163.00$165.00$165.00$164.00
ATM IV20.0%15.6%29.1%16.7%19.1%
Expected Move5.7%4.5%8.3%4.8%5.7%
HV 20d22.6%9.9%26.3%9.9%26.2%
HV 60d15.5%10.1%17.2%10.1%17.0%
IV Rank62.9%34.3%100.0%88.0%51.4%
IV Percentile96.6%86.9%100.0%97.6%96.8%
Term Structure-0.2%-0.9%0.4%0.1%-0.4%
VWIV21.2%17.4%28.9%17.8%20.7%
Skew 25d7.1%4.0%12.7%4.0%6.3%
Skew 10d14.0%7.6%24.4%7.6%12.3%
Call IV 25d17.1%13.3%24.7%15.0%16.6%
Put IV 25d24.2%18.5%36.7%19.0%22.9%
Bid-Ask Spread %7.201.8149.564.344.70
Gamma HHI0.040.030.070.030.04
Net GEX-1.35B-2.67B164.2M-1.18B-1.03B
Net DEX7.13B-10.83B33.66B-3.30B-845.6M
Net VEX-115.9M-127.4M-99.7M-115.3M-120.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.971.432.741.671.82
Total Volume1,274,299.737864,6071,916,5281,098,604869,399
Total OI7,873,339.3166,828,3598,881,5828,045,9827,808,847

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$168.05$165.0016.7%4.8%9.9%88.0%17.8%4.0%0.1%-1.18B-3.30B-115.3M1.674.34N/AN/A412,240686,3642,417,2515,628,731
2018-02-02$164.58$165.0018.4%5.2%12.9%100.0%18.7%5.4%-0.0%-2.67B10.43B-121.3M2.442.45N/AN/A522,8421,276,9662,513,6935,845,898
2018-02-05$159.34$165.0025.8%7.2%17.2%100.0%24.4%12.7%0.4%-2.13B23.88B-127.4M2.7449.56N/AN/A502,9541,377,0512,279,4005,382,726
2018-02-06$162.06$165.0022.9%6.4%18.2%83.0%24.9%7.9%-0.7%-1.95B14.43B-126.7M2.2922.75N/AN/A410,837942,0602,427,4005,414,259
2018-02-07$160.75$165.0020.9%5.7%18.5%71.6%22.3%7.4%-0.9%-2.27B17.66B-120.6M2.235.65N/AN/A348,852779,5452,546,6325,436,702
2018-02-08$154.42$165.0029.1%8.3%23.2%100.0%28.9%12.0%-0.2%-2.00B33.66B-124.3M2.187.43N/AN/A464,2661,010,6482,640,1615,469,143
2018-02-09$156.35$164.0025.9%7.3%23.6%84.7%27.1%10.5%-0.7%-2.28B29.90B-123.1M2.135.07N/AN/A611,4491,305,0792,765,8995,595,355
2018-02-12$158.84$163.0021.3%6.1%24.2%61.8%23.2%8.6%-0.4%-2.05B19.97B-118.8M1.442.42N/AN/A504,155727,9432,654,0345,550,468
2018-02-13$159.75$163.0020.2%5.8%24.4%56.5%22.5%7.5%-0.2%-1.92B16.12B-115.4M1.504.56N/AN/A346,252518,3552,758,5375,481,718
2018-02-14$162.76$163.0017.9%5.1%25.1%45.3%19.5%5.5%-0.1%-1.20B4.18B-110.6M1.542.92N/AN/A522,546804,5092,843,0875,528,733
2018-02-15$165.38$163.0018.3%5.3%25.8%47.4%19.4%5.5%-0.3%-582.2M-6.15B-111.1M1.432.27N/AN/A549,846788,9562,971,1505,743,379
2018-02-16$165.24$163.0017.5%5.0%25.8%43.6%18.4%5.8%0.4%-1.11B-5.75B-107.9M1.694.64N/AN/A567,778961,9792,995,8515,885,731
2018-02-20$165.40$164.0018.7%5.4%25.5%49.5%20.1%6.7%0.2%-751.5M461.7M-112.9M1.571.81N/AN/A390,095613,0392,176,3264,652,033
2018-02-21$165.04$164.0019.1%5.6%25.2%51.5%20.9%6.5%-0.3%-841.6M1.13B-113.1M2.352.28N/AN/A285,832672,4142,223,1154,763,603
2018-02-22$164.87$164.0018.4%5.4%25.2%47.8%19.5%6.5%-0.3%-1.11B2.30B-114.1M1.862.22N/AN/A340,499633,0762,274,9354,962,167
2018-02-23$167.99$164.0015.6%4.5%26.1%34.4%18.4%5.7%0.1%-184.9M-6.44B-109.3M1.795.06N/AN/A409,398731,8152,352,4765,068,640
2018-02-26$170.12$164.0015.6%4.5%26.1%34.3%17.4%4.9%0.0%164.2M-10.83B-99.7M2.194.48N/AN/A347,452762,0502,249,1194,880,334
2018-02-27$168.54$164.0017.5%5.3%26.3%43.6%19.2%5.7%0.1%-472.3M-5.34B-110.5M2.582.07N/AN/A338,858874,2962,293,8825,112,032
2018-02-28$167.40$164.0019.1%5.7%26.2%51.4%20.7%6.3%-0.4%-1.03B-845.6M-120.1M1.824.70N/AN/A307,982561,4172,364,3025,444,545