QQQ Options History — July 2018

In July 2018, QQQ traded between $170.80 and $182.45. ATM implied volatility averaged 16.2%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 2.2% (HV 20d: 14.0%). Max pain ranged from $173.00 to $176.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.91.

Notable Days

2018-07-27: Highest Volume — 1,564,379 contracts
2018-07-26: Largest IV spike — 11.3% change
2018-07-03: Highest IV Rank — 51.1%
2018-07-03: Largest Expected Move — 5.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$177.64	$170.80	$182.45	$172.26	$176.27
Max Pain	$174.76	$173.00	$176.00	$174.00	$176.00
ATM IV	16.2%	14.1%	20.0%	19.2%	17.5%
Expected Move	4.7%	4.1%	5.6%	5.3%	5.1%
HV 20d	14.0%	11.1%	15.6%	12.3%	14.7%
HV 60d	13.7%	11.8%	15.1%	15.0%	12.6%
IV Rank	31.2%	19.7%	51.1%	47.0%	37.8%
IV Percentile	67.8%	48.0%	88.5%	87.3%	75.4%
Term Structure	0.1%	-0.4%	0.6%	-0.0%	-0.3%
VWIV	18.1%	16.0%	21.1%	19.9%	19.4%
Skew 25d	5.9%	5.1%	7.5%	7.0%	6.4%
Skew 10d	11.6%	10.1%	14.0%	13.3%	11.9%
Call IV 25d	13.6%	11.8%	16.7%	16.1%	14.7%
Put IV 25d	19.5%	17.1%	24.2%	23.2%	21.1%
Bid-Ask Spread %	2.43	2.00	3.55	2.54	2.42
Gamma HHI	0.04	0.03	0.05	0.03	0.04
Net GEX	-491.3M	-2.33B	836.2M	-1.40B	-2.17B
Net DEX	-4.00B	-13.66B	11.60B	7.17B	5.53B
Net VEX	-121.4M	-136.3M	-112.4M	-127.9M	-136.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.91	1.24	2.94	2.33	2.21
Total Volume	835,417.143	559,813	1,564,379	703,666	1,027,172
Total OI	7,789,575.762	6,927,594	8,845,353	6,927,594	8,283,333

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
2018-07-02	$172.26	$174.00	19.2%	5.3%	12.3%	47.0%	19.9%	7.0%	-0.0%	-1.40B	7.17B	-127.9M	2.33	2.54	N/A	N/A	211,601	492,065	2,206,178	4,721,416
2018-07-03	$170.80	$174.00	20.0%	5.6%	12.6%	51.1%	21.1%	7.5%	-0.0%	-1.87B	11.60B	-131.6M	2.10	2.84	N/A	N/A	180,797	379,016	2,281,625	4,908,870
2018-07-05	$172.88	$173.00	18.6%	5.4%	13.3%	44.1%	19.6%	7.2%	-0.0%	-1.21B	5.60B	-126.3M	1.32	2.49	N/A	N/A	314,108	416,148	2,342,753	4,977,723
2018-07-06	$175.48	$173.00	16.7%	5.0%	14.3%	33.5%	18.5%	6.4%	0.1%	-40.0M	-2.61B	-121.7M	1.42	2.60	N/A	N/A	361,474	511,517	2,430,709	5,111,580
2018-07-09	$177.02	$173.00	15.8%	4.6%	14.6%	28.8%	18.9%	6.1%	0.2%	-25.9M	-5.46B	-116.0M	1.91	2.08	N/A	N/A	232,684	444,452	2,333,905	4,943,638
2018-07-10	$177.27	$174.00	15.7%	4.7%	14.6%	28.0%	18.7%	6.0%	0.6%	76.9M	-5.99B	-116.3M	2.69	2.61	N/A	N/A	222,627	599,739	2,385,413	5,072,527
2018-07-11	$176.55	$174.00	16.2%	4.6%	14.7%	30.9%	17.3%	6.2%	-0.0%	-410.4M	-3.38B	-119.2M	2.14	2.69	N/A	N/A	187,541	401,607	2,440,056	5,328,816
2018-07-12	$179.24	$175.00	15.1%	4.4%	15.6%	25.2%	17.9%	5.7%	0.3%	718.2M	-11.64B	-112.4M	1.46	2.17	N/A	N/A	353,061	517,160	2,484,331	5,394,179
2018-07-13	$179.65	$175.00	14.8%	4.3%	15.3%	23.6%	18.5%	5.4%	0.1%	836.2M	-12.54B	-114.3M	2.36	2.21	N/A	N/A	281,952	665,302	2,548,830	5,598,939
2018-07-16	$179.21	$175.00	15.5%	4.5%	15.2%	27.2%	17.5%	5.7%	0.1%	47.6M	-9.19B	-117.0M	1.97	2.28	N/A	N/A	250,237	492,231	2,518,659	5,468,009
2018-07-17	$180.63	$175.00	14.6%	4.2%	15.4%	22.5%	16.8%	5.2%	0.4%	545.8M	-13.66B	-115.2M	1.96	2.00	N/A	N/A	263,921	516,156	2,624,474	5,677,802
2018-07-18	$179.97	$175.00	14.8%	4.3%	15.4%	23.8%	17.3%	5.1%	0.1%	281.4M	-11.47B	-117.3M	1.26	2.29	N/A	N/A	257,753	324,838	2,654,302	5,796,109
2018-07-19	$179.24	$175.00	15.6%	4.5%	15.1%	27.6%	16.4%	5.3%	0.1%	-14.9M	-9.12B	-120.1M	1.89	2.08	N/A	N/A	216,331	409,029	2,741,502	5,910,493
2018-07-20	$179.01	$175.00	15.4%	4.4%	14.5%	26.7%	17.1%	5.4%	0.1%	-595.6M	-8.00B	-121.0M	1.63	2.00	N/A	N/A	304,005	496,964	2,785,416	6,059,937
2018-07-23	$179.40	$175.00	15.0%	4.3%	14.5%	24.8%	17.5%	5.7%	0.2%	-414.7M	-5.25B	-118.7M	1.79	2.13	N/A	N/A	202,600	361,692	2,303,664	4,752,097
2018-07-24	$180.06	$175.00	15.3%	4.4%	11.1%	25.9%	16.0%	5.5%	0.1%	-184.2M	-7.10B	-118.6M	1.24	2.51	N/A	N/A	479,172	596,289	2,364,894	4,853,539
2018-07-25	$182.45	$176.00	14.1%	4.1%	11.6%	19.7%	16.0%	5.3%	0.2%	452.8M	-12.87B	-113.9M	1.37	3.55	N/A	N/A	281,605	387,080	2,503,387	5,066,555
2018-07-26	$180.15	$176.00	15.7%	4.6%	12.1%	28.2%	17.7%	5.1%	0.0%	-603.7M	-6.21B	-122.1M	1.56	2.43	N/A	N/A	336,013	525,149	2,586,412	5,217,105
2018-07-27	$177.74	$176.00	17.0%	4.9%	13.4%	35.1%	17.8%	5.9%	0.0%	-2.00B	1.58B	-129.8M	2.94	2.52	N/A	N/A	397,536	1,166,843	2,727,225	5,336,468
2018-07-30	$175.18	$176.00	18.6%	5.5%	14.6%	43.7%	20.9%	6.6%	-0.4%	-2.33B	8.99B	-133.4M	2.60	2.55	N/A	N/A	410,956	1,067,337	2,523,095	5,315,126
2018-07-31	$176.27	$176.00	17.5%	5.1%	14.7%	37.8%	19.4%	6.4%	-0.3%	-2.17B	5.53B	-136.3M	2.21	2.42	N/A	N/A	320,230	706,942	2,687,432	5,595,901