QQQ Options History — August 2018

In August 2018, QQQ traded between $177.17 and $186.75. ATM implied volatility averaged 13.7%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.5% (HV 20d: 12.2%). Max pain ranged from $174.00 to $178.00. Net GEX was positive for 11 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 2.12.

Notable Days

  • 2018-08-02: Highest Volume — 1,418,836 contracts
  • 2018-08-15: Largest IV spike — 13.6% change
  • 2018-08-01: Highest IV Rank — 31.6%
  • 2018-08-01: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$181.69$177.17$186.75$177.17$186.49
Max Pain$175.87$174.00$178.00$176.00$178.00
ATM IV13.7%12.3%16.3%16.3%14.1%
Expected Move4.0%3.6%4.7%4.7%3.9%
HV 20d12.2%9.2%14.4%14.3%9.2%
HV 60d12.5%12.2%12.8%12.6%12.4%
IV Rank17.7%10.1%31.6%31.6%19.5%
IV Percentile40.2%22.2%69.4%69.4%45.6%
Term Structure0.3%-0.1%0.8%-0.1%-0.1%
VWIV15.4%13.9%18.3%18.3%14.9%
Skew 25d4.8%3.8%6.1%5.9%4.4%
Skew 10d9.6%7.3%12.1%11.5%8.4%
Call IV 25d11.7%10.5%13.6%13.6%12.2%
Put IV 25d16.5%14.6%19.5%19.5%16.6%
Bid-Ask Spread %2.101.672.992.692.21
Gamma HHI0.040.030.060.040.04
Net GEX-50.4M-1.99B1.10B-1.99B489.3M
Net DEX-10.06B-20.56B1.94B1.94B-17.89B
Net VEX-115.2M-133.0M-100.9M-133.0M-117.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.121.312.982.142.52
Total Volume836,714.174453,5711,418,836940,170750,868
Total OI8,469,2137,397,0349,245,1188,508,0199,044,125

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$177.17$176.0016.3%4.7%14.3%31.6%18.3%5.9%-0.1%-1.99B1.94B-133.0M2.142.69N/AN/A299,844640,3262,755,0305,752,989
2018-08-02$179.47$176.0014.1%3.9%14.4%19.9%16.6%4.8%0.1%-559.9M-7.36B-122.1M2.542.22N/AN/A400,7541,018,0822,822,5735,924,739
2018-08-03$179.91$176.0013.4%3.6%13.5%16.2%14.1%4.7%0.1%-202.7M-9.37B-121.6M1.482.99N/AN/A325,820481,7422,915,2946,165,924
2018-08-06$181.12$174.0013.1%4.0%13.4%14.4%16.2%4.5%0.5%324.1M-12.34B-113.6M1.922.24N/AN/A239,275458,9282,764,4485,615,833
2018-08-07$181.78$174.0012.3%3.8%13.4%10.1%15.3%4.1%0.5%802.4M-15.01B-110.2M1.812.82N/AN/A240,216433,7102,828,6425,719,766
2018-08-08$182.22$175.0012.3%3.8%13.3%10.2%16.0%4.2%0.5%852.2M-15.67B-110.2M2.982.00N/AN/A195,059581,9982,891,6485,799,799
2018-08-09$182.14$175.0012.4%3.8%12.3%10.8%14.4%4.1%0.5%911.9M-15.21B-112.4M1.741.96N/AN/A205,153356,6182,929,7615,949,720
2018-08-10$180.47$175.0013.9%4.2%12.8%18.6%15.5%5.1%0.4%-481.1M-7.83B-120.5M1.812.58N/AN/A309,802562,2712,981,9516,065,430
2018-08-13$180.63$175.0014.7%4.3%12.7%22.8%16.7%5.7%0.1%-478.9M-8.04B-118.2M2.571.88N/AN/A209,610537,8602,883,2365,755,170
2018-08-14$181.60$175.0013.5%3.9%12.6%16.4%15.0%5.0%0.2%103.9M-11.85B-113.1M2.671.82N/AN/A208,611557,6012,906,9095,855,720
2018-08-15$179.26$175.0015.3%4.6%13.4%26.3%16.8%6.1%0.6%-1.25B-2.98B-120.8M2.391.94N/AN/A386,214923,5802,948,9335,904,939
2018-08-16$179.87$175.0014.3%4.2%13.3%21.0%15.9%5.5%0.4%-914.4M-5.58B-121.5M1.311.71N/AN/A307,386401,8283,004,1416,073,407
2018-08-17$180.00$175.0013.8%4.1%13.3%18.2%15.9%5.5%0.5%-579.4M-6.27B-120.0M2.081.78N/AN/A326,762679,8983,053,1086,192,010
2018-08-20$179.89$176.0014.1%4.1%13.3%19.8%15.8%5.3%0.4%-939.3M-1.97B-119.1M2.222.20N/AN/A140,777312,7942,436,0174,961,017
2018-08-21$180.55$176.0014.0%4.0%13.3%19.3%14.9%4.8%0.2%-646.7M-4.42B-116.9M2.071.67N/AN/A219,253454,1012,478,6095,066,235
2018-08-22$181.22$176.0013.7%3.9%12.5%17.4%15.9%4.8%0.5%-304.7M-6.48B-114.3M2.451.75N/AN/A172,043421,6442,554,0575,158,682
2018-08-23$180.89$176.5013.7%3.9%11.6%17.4%14.3%4.8%0.5%-575.4M-5.37B-115.1M2.072.07N/AN/A232,550481,9722,574,3765,250,098
2018-08-24$182.48$177.0013.0%3.7%10.8%14.0%14.5%4.4%0.8%595.9M-11.01B-108.5M1.632.21N/AN/A348,803568,7982,628,6205,394,110
2018-08-27$184.13$177.0013.4%3.7%9.4%16.2%13.9%4.4%0.2%853.9M-14.42B-103.9M1.381.84N/AN/A344,953476,7932,574,9205,198,077
2018-08-28$184.62$177.0013.0%3.6%9.3%14.0%13.9%4.2%0.5%1.00B-15.75B-104.4M2.611.67N/AN/A206,213537,7502,678,9475,379,220
2018-08-29$186.75$177.5013.1%3.7%9.8%14.6%14.9%3.8%0.4%1.10B-20.56B-100.9M1.821.85N/AN/A429,614780,5632,697,8435,571,698
2018-08-30$186.16$178.0014.1%3.9%9.2%19.7%14.5%4.3%0.1%720.5M-17.86B-111.8M2.502.09N/AN/A307,651768,3382,820,7225,863,406
2018-08-31$186.49$178.0014.1%3.9%9.2%19.5%14.9%4.4%-0.1%489.3M-17.89B-117.2M2.522.21N/AN/A213,572537,2962,878,3456,165,780