QQQ Options History — April 2018

In April 2018, QQQ traded between $155.43 and $166.61. ATM implied volatility averaged 21.7%, placing in the 62.6% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 7.5% (HV 20d: 29.2%). Max pain ranged from $161.00 to $167.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.80.

Notable Days

2018-04-02: Highest Volume — 1,553,889 contracts
2018-04-26: Largest IV drop — 11.3% change
2018-04-02: Highest IV Rank — 95.5%
2018-04-02: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$161.03	$155.43	$166.61	$155.43	$161.50
Max Pain	$162.71	$161.00	$167.00	$167.00	$162.00
ATM IV	21.7%	17.6%	28.2%	28.2%	18.7%
Expected Move	6.3%	5.1%	8.6%	8.6%	5.6%
HV 20d	29.2%	22.9%	31.3%	28.7%	22.9%
HV 60d	24.8%	23.3%	26.1%	23.3%	26.1%
IV Rank	62.6%	41.8%	95.5%	95.5%	47.5%
IV Percentile	92.1%	84.1%	99.2%	99.2%	86.1%
Term Structure	-0.3%	-0.7%	0.3%	-0.6%	-0.0%
VWIV	23.3%	19.5%	29.4%	29.4%	20.6%
Skew 25d	6.6%	5.2%	8.1%	8.1%	6.1%
Skew 10d	12.5%	10.3%	15.0%	15.0%	11.7%
Call IV 25d	18.7%	15.4%	24.0%	24.0%	15.9%
Put IV 25d	25.3%	20.6%	32.1%	32.1%	22.0%
Bid-Ask Spread %	2.74	1.80	5.24	2.13	2.53
Gamma HHI	0.05	0.04	0.16	0.05	0.05
Net GEX	-1.36B	-2.09B	-409.3M	-1.86B	-1.49B
Net DEX	13.02B	-2.31B	28.94B	28.94B	10.21B
Net VEX	-127.9M	-138.4M	-116.9M	-129.2M	-122.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.80	1.28	2.50	1.72	2.24
Total Volume	999,395.095	676,200	1,553,889	1,553,889	676,200
Total OI	8,159,080.19	7,122,927	9,023,002	7,419,863	7,632,127

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-04-02	$155.43	$167.00	28.2%	8.6%	28.7%	95.5%	29.4%	8.1%	-0.6%	-1.86B	28.94B	-129.2M	1.72	2.13	N/A	N/A	570,550	983,339	2,358,721	5,061,142
2018-04-03	$157.16	$166.00	26.0%	8.0%	28.7%	84.2%	27.8%	7.5%	-0.2%	-1.81B	25.17B	-136.7M	1.45	1.88	N/A	N/A	361,284	523,142	2,604,586	5,364,915
2018-04-04	$160.22	$166.00	24.2%	7.4%	29.7%	75.1%	27.7%	6.9%	-0.6%	-1.52B	16.98B	-138.4M	1.36	1.80	N/A	N/A	477,979	649,782	2,712,308	5,436,577
2018-04-05	$160.85	$162.00	22.8%	6.4%	29.8%	68.3%	24.1%	7.2%	-0.3%	-1.42B	14.97B	-138.1M	1.58	2.23	N/A	N/A	327,429	516,765	2,844,770	5,520,604
2018-04-06	$156.85	$162.00	25.4%	7.1%	30.7%	81.4%	25.7%	7.8%	-0.5%	-1.86B	26.44B	-136.2M	1.60	3.15	N/A	N/A	428,475	686,202	2,914,515	5,614,823
2018-04-09	$158.50	$162.00	24.9%	7.0%	29.9%	78.7%	24.9%	7.7%	-0.2%	-1.70B	20.78B	-133.9M	1.28	2.21	N/A	N/A	355,078	454,601	2,692,297	5,406,143
2018-04-10	$161.27	$162.00	23.2%	6.6%	30.7%	70.2%	25.3%	7.2%	-0.0%	-1.30B	13.24B	-133.6M	1.80	2.75	N/A	N/A	337,415	607,906	2,805,179	5,466,947
2018-04-11	$160.54	$161.00	22.9%	6.4%	30.5%	68.8%	23.5%	7.0%	-0.5%	-1.43B	15.00B	-132.6M	1.75	5.13	N/A	N/A	261,376	458,092	2,873,011	5,555,936
2018-04-12	$162.60	$161.00	21.1%	6.0%	31.0%	59.4%	23.2%	6.3%	-0.3%	-979.2M	8.66B	-129.2M	1.67	2.03	N/A	N/A	282,022	469,795	2,951,827	5,578,078
2018-04-13	$161.42	$161.00	20.8%	6.0%	31.0%	58.1%	23.4%	6.3%	0.3%	-1.31B	12.44B	-127.1M	1.77	2.69	N/A	N/A	432,819	765,625	3,014,683	5,648,408
2018-04-16	$162.77	$161.00	19.1%	5.5%	31.3%	49.1%	20.6%	6.1%	0.0%	-1.22B	8.39B	-120.7M	2.50	2.39	N/A	N/A	222,774	556,226	2,814,099	5,393,789
2018-04-17	$166.29	$162.00	17.8%	5.1%	31.2%	42.8%	20.1%	5.2%	-0.2%	-426.2M	-1.81B	-116.9M	1.73	2.24	N/A	N/A	377,216	652,848	2,854,032	5,539,164
2018-04-18	$166.61	$163.00	17.6%	5.1%	31.2%	41.8%	20.8%	5.4%	0.2%	-409.3M	-2.31B	-119.3M	2.33	2.09	N/A	N/A	307,929	716,127	2,926,062	5,733,982
2018-04-19	$165.26	$163.00	18.5%	5.3%	31.3%	46.1%	19.5%	5.6%	-0.4%	-946.4M	2.27B	-123.3M	1.94	2.88	N/A	N/A	278,818	539,703	2,999,265	5,935,590
2018-04-20	$162.24	$164.00	20.3%	5.8%	30.8%	55.2%	21.4%	6.2%	-0.2%	-2.09B	11.60B	-124.8M	1.82	2.20	N/A	N/A	387,516	703,513	3,010,902	6,012,100
2018-04-23	$161.71	$163.00	20.9%	6.1%	29.4%	58.2%	22.0%	6.6%	-0.6%	-1.16B	9.96B	-123.7M	1.53	1.97	N/A	N/A	304,191	466,308	2,360,805	4,762,122
2018-04-24	$157.68	$163.00	22.9%	6.7%	27.8%	68.6%	22.9%	7.0%	-0.6%	-1.84B	19.63B	-125.3M	1.91	2.14	N/A	N/A	496,281	945,695	2,463,889	4,931,583
2018-04-25	$158.27	$162.00	22.0%	6.5%	25.2%	64.1%	23.2%	6.6%	-0.7%	-1.99B	18.57B	-127.9M	2.07	5.15	N/A	N/A	313,959	648,825	2,580,462	5,168,310
2018-04-26	$162.29	$162.00	19.5%	5.7%	26.5%	51.5%	21.5%	6.3%	-0.4%	-962.2M	7.05B	-124.9M	1.51	5.24	N/A	N/A	461,328	696,714	2,631,635	5,185,815
2018-04-27	$162.22	$162.00	19.1%	5.6%	25.8%	49.3%	20.8%	6.0%	-0.3%	-929.1M	7.30B	-122.8M	2.20	2.67	N/A	N/A	401,535	883,915	2,717,857	5,261,624
2018-04-30	$161.50	$162.00	18.7%	5.6%	22.9%	47.5%	20.6%	6.1%	-0.0%	-1.49B	10.21B	-122.4M	2.24	2.53	N/A	N/A	208,956	467,244	2,479,284	5,152,843