QQQ Options History — February 2019

In February 2019, QQQ traded between $167.44 and $173.89. ATM implied volatility averaged 17.1%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 0.3% (HV 20d: 16.8%). Max pain ranged from $165.00 to $168.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.52.

Notable Days

  • 2019-02-05: Highest Volume — 890,713 contracts
  • 2019-02-07: Largest IV spike — 8.0% change
  • 2019-02-07: Highest IV Rank — 29.4%
  • 2019-02-07: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$171.08$167.44$173.89$167.44$173.22
Max Pain$165.89$165.00$168.00$165.00$168.00
ATM IV17.1%15.5%19.3%18.1%15.7%
Expected Move4.9%4.3%5.6%5.4%4.3%
HV 20d16.8%11.1%21.5%21.5%11.1%
HV 60d26.4%24.6%28.3%28.2%24.6%
IV Rank20.3%13.6%29.4%24.5%14.1%
IV Percentile42.0%30.6%56.0%46.8%32.5%
Term Structure0.2%-0.2%0.4%0.3%0.1%
VWIV18.2%15.8%20.0%20.0%16.7%
Skew 25d5.2%4.6%5.8%4.8%5.6%
Skew 10d10.2%9.0%11.2%9.0%11.1%
Call IV 25d14.7%13.1%16.6%15.8%13.1%
Put IV 25d20.0%18.5%22.2%20.6%18.7%
Bid-Ask Spread %2.031.683.901.951.89
Gamma HHI0.040.030.060.040.04
Net GEX510.6M-21.9M842.3M526.2M415.2M
Net DEX-9.29B-14.42B-4.87B-6.87B-8.12B
Net VEX-98.3M-101.2M-93.7M-96.5M-100.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.521.012.151.912.15
Total Volume598,478.053340,129890,713730,954522,618
Total OI6,483,148.6325,819,1697,221,0046,290,3966,659,602

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$167.44$165.0018.1%5.4%21.5%24.5%20.0%4.8%0.3%526.2M-6.87B-96.5M1.911.95N/AN/A251,337479,6172,591,1353,699,261
2019-02-04$169.08$165.0018.0%5.3%17.6%24.1%18.6%4.6%0.3%531.5M-8.89B-95.0M1.011.87N/AN/A251,748255,1102,484,7253,552,143
2019-02-05$171.03$165.0017.6%5.1%17.5%22.2%19.8%4.7%0.3%842.3M-13.10B-93.7M1.791.81N/AN/A318,828571,8852,584,1953,649,934
2019-02-06$170.53$165.0017.9%5.2%17.6%23.4%19.0%4.8%0.1%755.0M-11.64B-96.8M1.752.17N/AN/A173,824304,4672,651,4353,884,586
2019-02-07$168.04$165.0019.3%5.6%18.6%29.4%19.6%5.6%0.3%5.0M-4.87B-100.8M1.812.08N/AN/A297,269538,1672,714,3023,943,189
2019-02-08$168.03$165.0018.5%5.4%18.6%26.1%19.6%5.4%0.4%150.2M-5.08B-100.3M1.481.96N/AN/A301,555447,5972,782,4524,088,515
2019-02-11$168.42$165.0018.7%5.4%18.5%26.8%19.4%5.4%-0.1%174.0M-6.21B-98.0M1.241.68N/AN/A152,292188,3822,718,6993,888,987
2019-02-12$170.86$165.0017.3%5.0%18.5%21.2%19.4%5.0%0.2%679.4M-12.01B-95.8M1.223.90N/AN/A259,656317,3782,745,3503,939,947
2019-02-13$171.14$165.0017.4%5.0%17.7%21.5%18.6%5.0%0.3%721.8M-12.72B-97.1M1.571.76N/AN/A219,177344,5312,803,9904,004,330
2019-02-14$171.46$165.0017.4%5.0%17.7%21.5%19.0%5.2%0.0%706.2M-13.11B-98.8M1.271.73N/AN/A303,962384,8002,876,3494,140,048
2019-02-15$171.89$165.0016.3%4.6%17.7%16.8%18.1%4.8%0.3%818.9M-14.42B-100.2M1.691.84N/AN/A302,770512,2462,927,9524,293,052
2019-02-19$172.53$166.0016.5%4.7%17.5%17.9%17.8%5.6%-0.1%574.3M-8.62B-97.9M1.691.76N/AN/A126,422213,7072,485,1893,333,980
2019-02-20$172.12$166.0016.6%4.7%15.4%18.3%16.6%5.8%0.2%422.2M-7.59B-98.4M1.042.22N/AN/A342,331356,1622,526,4153,436,534
2019-02-21$171.26$167.0016.9%4.8%15.6%19.2%17.7%5.8%0.3%-21.9M-5.11B-101.2M1.432.31N/AN/A216,416309,1082,633,7433,627,431
2019-02-22$172.53$167.0015.5%4.4%15.7%13.6%16.8%5.2%-0.0%662.8M-8.46B-99.5M1.471.94N/AN/A241,256355,5222,680,7853,727,264
2019-02-25$173.78$167.0015.7%4.4%15.3%14.2%16.2%5.3%0.1%713.6M-10.65B-97.3M1.401.79N/AN/A265,354370,4732,599,4643,602,068
2019-02-26$173.89$168.0015.8%4.5%14.1%14.8%15.8%5.5%0.1%656.3M-10.48B-98.7M1.422.05N/AN/A149,162211,5352,669,3783,732,729
2019-02-27$173.35$168.0016.2%4.4%13.7%16.5%17.5%5.7%-0.2%367.8M-8.44B-100.6M1.481.86N/AN/A207,828306,5912,688,6093,812,057
2019-02-28$173.22$168.0015.7%4.3%11.1%14.1%16.7%5.6%0.1%415.2M-8.12B-100.6M2.151.89N/AN/A166,007356,6112,722,0173,937,585