QQQ Options History — January 2019

In January 2019, QQQ traded between $150.25 and $167.92. ATM implied volatility averaged 23.4%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 6.7% (HV 20d: 30.1%). Max pain ranged from $155.00 to $164.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.51.

Notable Days

  • 2019-01-04: Highest Volume — 1,162,997 contracts
  • 2019-01-22: Largest IV spike — 14.2% change
  • 2019-01-03: Highest IV Rank — 79.2%
  • 2019-01-03: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$161.14$150.25$167.92$154.43$167.92
Max Pain$158.00$155.00$164.00$161.00$164.00
ATM IV23.4%18.9%30.9%29.5%18.9%
Expected Move6.8%5.5%8.8%8.6%5.5%
HV 20d30.1%21.4%35.1%31.8%24.3%
HV 60d30.3%27.8%32.3%30.7%28.2%
IV Rank47.0%27.7%79.2%73.4%27.7%
IV Percentile74.1%52.4%97.6%96.8%52.4%
Term Structure-0.1%-0.7%0.4%-0.0%0.2%
VWIV24.9%21.0%30.7%30.7%21.3%
Skew 25d7.0%5.0%8.6%8.5%5.0%
Skew 10d13.2%9.7%15.8%15.8%9.7%
Call IV 25d20.0%16.4%26.4%25.4%16.4%
Put IV 25d27.0%21.4%35.1%33.9%21.4%
Bid-Ask Spread %2.321.883.372.672.23
Gamma HHI0.040.030.050.040.04
Net GEX-339.0M-987.8M717.0M-786.7M717.0M
Net DEX3.05B-8.28B20.25B14.19B-8.28B
Net VEX-88.2M-97.2M-78.4M-83.2M-95.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.542.251.441.44
Total Volume715,280.905180,4521,162,997621,424978,338
Total OI6,372,424.0485,021,5357,791,1206,235,6016,022,866

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$154.43$161.0029.5%8.6%31.8%73.4%30.7%8.5%-0.0%-786.7M14.19B-83.2M1.442.67N/AN/A254,792366,6322,559,7313,675,870
2019-01-03$150.25$155.0030.9%8.8%31.0%79.2%29.3%8.6%-0.2%-987.8M20.25B-78.4M1.673.37N/AN/A289,369483,0112,656,1963,744,041
2019-01-04$156.17$155.0027.2%7.8%34.6%64.1%26.9%7.8%0.2%-619.9M9.77B-83.4M1.453.27N/AN/A474,651688,3462,690,3623,788,267
2019-01-07$158.39$155.0026.7%7.8%35.1%61.3%26.5%7.9%0.3%-571.5M6.67B-84.0M1.312.49N/AN/A88,603115,9692,681,5663,705,737
2019-01-08$159.46$155.0026.1%7.6%34.7%58.3%27.8%7.7%0.3%-514.3M4.78B-84.8M1.852.31N/AN/A224,983415,8882,754,8353,787,850
2019-01-09$160.68$155.0025.0%7.1%34.8%53.6%27.5%7.5%-0.1%-452.9M2.73B-84.9M2.252.20N/AN/A237,173533,5582,803,7213,904,080
2019-01-10$161.33$155.0024.4%7.1%34.8%51.0%26.2%7.3%0.4%-487.9M1.99B-86.5M1.922.11N/AN/A222,291425,9112,848,0334,095,443
2019-01-11$160.78$156.0023.3%6.7%34.5%46.3%24.9%6.9%0.4%-284.7M3.04B-85.8M1.791.88N/AN/A234,845419,9932,919,0984,139,564
2019-01-14$159.47$157.0024.1%6.9%34.6%49.8%26.3%7.4%-0.7%-718.0M5.80B-83.3M1.832.13N/AN/A194,422356,2722,864,1313,995,403
2019-01-15$162.36$157.0021.9%6.3%33.9%40.7%23.9%7.2%-0.6%-234.8M-359.6M-83.6M1.782.04N/AN/A269,292478,6632,938,3464,061,161
2019-01-16$162.47$157.0022.0%6.3%32.2%40.9%23.7%7.2%-0.6%-297.1M-292.1M-84.6M1.452.30N/AN/A314,714455,0862,994,4364,211,787
2019-01-17$163.39$158.0021.3%6.2%31.7%38.2%23.2%7.0%-0.6%-90.0M-2.58B-85.6M1.892.29N/AN/A335,997634,1093,096,0014,342,164
2019-01-18$164.94$158.0020.2%5.8%29.9%33.4%21.7%6.5%-0.4%201.9M-6.45B-87.0M1.262.52N/AN/A508,228640,7943,216,5474,574,573
2019-01-22$161.53$160.0023.1%6.9%30.4%45.5%25.0%7.0%-0.1%-621.1M5.30B-89.1M1.332.52N/AN/A389,270517,9891,897,0323,124,503
2019-01-23$162.03$160.0022.6%6.7%27.8%43.5%24.8%6.9%-0.0%-630.3M4.50B-94.4M2.071.93N/AN/A234,842485,7262,089,1703,277,325
2019-01-24$163.03$160.0021.1%6.3%25.9%37.1%23.5%6.5%0.0%-519.3M2.53B-94.3M1.282.04N/AN/A269,814345,5762,160,8083,411,567
2019-01-25$165.17$160.0019.6%5.8%21.4%30.9%22.2%5.9%0.2%239.2M-2.66B-97.2M1.402.02N/AN/A285,987399,1742,288,7423,518,575
2019-01-28$162.93$160.0021.5%6.5%22.4%38.8%21.0%6.5%0.0%-253.8M2.13B-95.4M0.542.09N/AN/A117,48262,9702,201,8413,292,920
2019-01-29$161.58$160.0021.9%6.7%22.7%40.7%24.2%6.3%0.1%-470.9M4.49B-94.7M0.862.22N/AN/A338,253289,3932,256,3733,350,143
2019-01-30$165.67$160.0019.8%5.9%24.1%31.8%22.3%5.8%0.2%263.0M-3.54B-96.0M0.992.12N/AN/A323,297319,1962,441,4903,438,607
2019-01-31$167.92$164.0018.9%5.5%24.3%27.7%21.3%5.0%0.2%717.0M-8.28B-95.1M1.442.23N/AN/A400,451577,8872,511,6033,511,263