QQQ Options History — May 2018

In May 2018, QQQ traded between $161.86 and $170.19. ATM implied volatility averaged 15.5%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 1.6% (HV 20d: 17.1%). Max pain ranged from $162.00 to $166.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.80.

Notable Days

  • 2018-05-04: Highest Volume — 1,185,896 contracts
  • 2018-05-29: Largest IV spike — 15.7% change
  • 2018-05-01: Highest IV Rank — 45.0%
  • 2018-05-01: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.53$161.86$170.19$162.14$170.10
Max Pain$164.00$162.00$166.00$162.00$166.00
ATM IV15.5%13.7%18.4%18.4%14.3%
Expected Move4.5%4.0%5.6%5.6%4.1%
HV 20d17.1%11.0%22.7%22.7%11.2%
HV 60d23.2%22.1%25.8%25.8%22.1%
IV Rank28.2%17.8%45.0%45.0%20.8%
IV Percentile65.9%47.6%84.1%84.1%55.2%
Term Structure0.1%-0.3%0.8%-0.0%-0.2%
VWIV17.2%14.7%21.2%21.2%15.5%
Skew 25d4.9%3.5%6.2%5.9%5.6%
Skew 10d9.9%6.5%13.2%11.2%12.0%
Call IV 25d13.4%11.9%15.6%15.6%12.0%
Put IV 25d18.3%15.9%21.5%21.5%17.6%
Bid-Ask Spread %2.541.636.026.022.33
Gamma HHI0.050.030.070.060.03
Net GEX-498.7M-1.52B698.5M-1.42B-462.5M
Net DEX-2.62B-12.10B8.69B8.66B-3.87B
Net VEX-109.0M-122.8M-99.2M-121.3M-99.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.801.152.652.271.51
Total Volume736,909.818538,0601,185,896776,466609,703
Total OI7,904,589.9096,934,9699,147,2227,804,7547,395,332

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$162.14$162.0018.4%5.6%22.7%45.0%21.2%5.9%-0.0%-1.42B8.66B-121.3M2.276.02N/AN/A237,430539,0362,536,7045,268,050
2018-05-02$162.14$162.0017.8%5.3%21.7%42.2%19.4%5.1%0.1%-1.47B7.84B-121.3M2.222.62N/AN/A244,654542,1382,608,1415,360,587
2018-05-03$161.86$162.0018.0%5.2%21.7%43.0%20.3%5.8%0.1%-1.52B8.69B-122.8M2.102.84N/AN/A290,170609,6912,672,7035,425,341
2018-05-04$165.01$162.0016.5%4.9%20.5%35.2%19.4%5.2%0.2%-172.7M-1.06B-118.0M1.501.84N/AN/A474,272711,6242,725,4685,478,330
2018-05-07$166.15$162.0016.4%4.9%20.3%35.0%18.9%5.1%0.6%-257.5M-2.66B-112.9M1.931.91N/AN/A289,798560,2802,548,2815,155,600
2018-05-08$165.84$162.0016.5%4.8%19.6%35.6%19.3%5.1%0.2%-423.5M-1.60B-114.1M2.652.14N/AN/A185,046489,4872,625,1025,348,048
2018-05-09$167.67$163.0015.6%4.5%19.7%30.0%17.5%4.4%0.2%104.4M-6.80B-111.0M1.552.83N/AN/A282,109437,4282,659,1115,481,402
2018-05-10$169.44$163.0014.7%4.4%19.6%25.3%16.6%3.9%0.6%546.7M-11.83B-105.9M1.414.86N/AN/A348,555492,8522,696,0775,598,669
2018-05-11$169.31$164.0014.1%4.2%19.3%21.0%15.9%3.5%0.8%698.5M-12.10B-102.5M1.702.48N/AN/A323,385550,0132,761,1815,730,145
2018-05-14$169.77$164.0014.4%4.2%19.2%21.7%15.2%3.8%0.0%366.6M-10.62B-105.1M1.152.37N/AN/A291,979335,9632,680,7265,599,604
2018-05-15$167.50$164.0016.0%4.6%18.5%30.3%17.5%4.6%-0.3%-599.2M-2.81B-111.0M1.702.09N/AN/A372,058630,9092,752,3485,730,296
2018-05-16$168.88$165.0015.0%4.3%18.7%24.7%17.4%4.8%-0.0%178.4M-8.02B-106.6M2.122.00N/AN/A211,984448,5572,817,0835,834,340
2018-05-17$168.40$165.0015.3%4.4%18.5%26.3%16.1%4.8%-0.3%-231.5M-5.67B-109.2M2.182.89N/AN/A237,685517,9052,858,5836,022,468
2018-05-18$167.69$165.0015.1%4.3%17.1%25.2%16.8%4.8%0.3%-1.36B-2.29B-109.9M1.871.75N/AN/A234,588438,4252,918,6876,228,535
2018-05-21$168.06$165.0015.3%4.4%17.0%25.9%15.9%5.0%-0.1%-1.00B463.1M-106.5M1.591.63N/AN/A232,559369,5952,094,6964,840,273
2018-05-22$168.31$165.0015.0%4.3%13.7%24.4%16.5%4.8%0.1%-954.8M-73.2M-107.2M2.062.38N/AN/A175,985362,0752,175,6414,909,584
2018-05-23$169.25$165.0014.5%4.2%13.7%21.8%15.0%4.8%0.1%-637.4M-2.87B-102.4M1.542.17N/AN/A235,206362,4012,219,9594,989,494
2018-05-24$169.49$165.0014.0%4.0%11.0%19.0%14.7%4.8%0.4%-477.6M-3.26B-103.9M1.452.16N/AN/A247,168357,9782,252,5925,047,613
2018-05-25$169.59$165.0013.7%4.0%11.0%17.8%15.2%4.9%-0.2%-550.9M-3.53B-102.6M1.612.10N/AN/A245,148393,7552,291,8805,106,749
2018-05-29$168.80$166.0015.9%4.7%11.0%29.4%17.9%6.2%-0.3%-897.3M-33.5M-104.1M1.492.34N/AN/A279,236416,8932,181,9314,960,868
2018-05-30$170.19$166.0014.5%4.2%11.2%21.6%16.3%5.5%-0.1%-427.8M-4.18B-99.7M1.942.05N/AN/A202,911393,3822,259,0315,053,725
2018-05-31$170.10$166.0014.3%4.1%11.2%20.8%15.5%5.6%-0.2%-462.5M-3.87B-99.2M1.512.33N/AN/A243,185366,5182,298,0505,097,282