QQQ Options History — March 2019

In March 2019, QQQ traded between $170.93 and $182.68. ATM implied volatility averaged 16.1%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.7% (HV 20d: 12.4%). Max pain ranged from $168.00 to $178.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.39.

Notable Days

  • 2019-03-22: Highest Volume — 1,143,350 contracts
  • 2019-03-22: Largest IV spike — 20.8% change
  • 2019-03-25: Highest IV Rank — 27.6%
  • 2019-03-25: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$176.88$170.93$182.68$174.62$179.62
Max Pain$173.95$168.00$178.00$168.00$178.00
ATM IV16.1%14.0%18.9%14.0%15.7%
Expected Move4.7%3.7%5.5%3.7%4.7%
HV 20d12.4%9.6%15.2%10.5%15.0%
HV 60d21.2%17.4%24.4%24.4%17.4%
IV Rank15.9%7.1%27.6%7.1%14.4%
IV Percentile35.0%11.1%56.3%11.1%36.9%
Term Structure0.2%-0.3%0.7%0.5%0.7%
VWIV17.1%13.8%19.0%13.8%16.3%
Skew 25d5.0%3.6%6.7%5.1%4.7%
Skew 10d9.7%7.3%12.4%10.4%9.0%
Call IV 25d13.9%12.0%16.3%12.0%13.2%
Put IV 25d18.9%16.3%21.9%17.1%17.9%
Bid-Ask Spread %2.021.552.331.911.55
Gamma HHI0.050.030.080.050.08
Net GEX680.2M-708.2M1.64B1.02B771.5M
Net DEX-9.49B-20.30B1.01B-12.15B-8.41B
Net VEX-117.5M-134.2M-98.7M-98.7M-130.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.390.721.931.151.04
Total Volume752,772.286489,4001,143,350670,456657,743
Total OI6,961,700.195,740,1718,208,1846,827,0327,082,002

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$174.62$168.0014.0%3.7%10.5%7.1%13.8%5.1%0.5%1.02B-12.15B-98.7M1.151.91N/AN/A312,068358,3882,754,9004,072,132
2019-03-04$174.25$168.0015.6%4.4%10.5%13.9%16.2%5.9%0.1%515.8M-9.57B-101.9M1.751.89N/AN/A301,571529,1902,675,7123,943,365
2019-03-05$175.00$169.0015.0%4.2%10.1%11.5%15.3%5.6%0.1%800.8M-11.39B-104.5M1.811.93N/AN/A174,043315,3572,806,7494,168,474
2019-03-06$173.56$169.0016.6%4.8%10.0%18.2%17.6%5.9%-0.1%280.7M-6.94B-107.7M1.752.09N/AN/A210,324367,1032,865,2604,223,056
2019-03-07$171.35$169.0018.0%5.3%11.1%23.9%18.8%6.5%-0.1%-454.8M-236.0M-111.6M1.751.93N/AN/A344,356601,7572,904,4424,340,497
2019-03-08$170.93$169.0017.8%4.9%9.6%23.2%17.6%6.7%-0.0%-708.2M1.01B-113.0M1.452.01N/AN/A373,328541,2052,948,3544,483,933
2019-03-11$174.69$173.0015.7%4.7%12.1%14.4%16.9%5.5%-0.3%819.4M-10.69B-110.5M0.722.13N/AN/A414,475297,8112,896,4364,442,757
2019-03-12$175.83$173.0014.7%4.5%12.2%10.2%18.9%5.1%0.0%1.35B-14.50B-110.7M1.732.32N/AN/A243,164421,7333,018,2834,538,330
2019-03-13$177.39$173.0014.4%4.5%11.7%8.6%16.6%4.5%0.3%1.64B-18.43B-109.9M1.192.08N/AN/A407,544482,9533,063,9164,668,609
2019-03-14$176.93$173.0014.4%4.5%11.8%9.0%15.5%4.2%0.1%1.30B-15.99B-112.9M1.082.01N/AN/A273,098294,7463,191,8884,869,879
2019-03-15$178.32$174.0014.2%4.5%12.0%7.8%15.9%3.7%0.3%1.56B-20.30B-113.7M0.782.04N/AN/A496,508389,4743,261,4984,946,686
2019-03-18$178.50$176.0015.2%4.7%12.0%12.0%16.2%4.0%0.3%916.9M-9.09B-115.5M1.172.10N/AN/A297,230348,4652,352,9353,387,236
2019-03-19$178.53$176.0015.8%4.7%12.0%14.7%17.2%4.3%0.2%837.2M-8.63B-119.5M1.931.89N/AN/A260,617503,2052,447,7603,524,531
2019-03-20$180.01$178.0015.3%4.6%12.1%12.8%17.4%4.1%0.3%1.06B-11.38B-121.4M1.362.09N/AN/A325,109441,0072,494,9693,742,871
2019-03-21$182.68$177.0015.4%4.6%12.5%13.2%17.2%3.6%0.2%1.40B-17.43B-121.8M1.061.92N/AN/A519,896552,0962,544,7673,868,033
2019-03-22$178.76$178.0018.6%5.3%15.2%26.8%17.7%5.3%-0.1%108.2M-5.57B-134.2M1.022.29N/AN/A565,842577,5082,607,6914,035,813
2019-03-25$178.44$178.0018.9%5.5%15.1%27.6%19.0%5.4%0.3%244.5M-4.78B-134.2M1.532.25N/AN/A262,343400,7862,610,7373,940,416
2019-03-26$178.39$178.0017.9%5.3%15.1%23.5%18.6%5.2%0.4%297.2M-4.95B-132.3M1.551.95N/AN/A274,310426,3252,672,3213,996,005
2019-03-27$178.33$178.0017.4%5.2%15.1%21.5%18.8%5.0%0.5%243.9M-4.74B-132.3M1.532.33N/AN/A262,114400,2342,735,0104,111,235
2019-03-28$178.44$178.0017.0%5.1%15.0%19.6%17.9%5.0%0.6%276.0M-5.03B-132.0M1.931.79N/AN/A199,139384,0532,779,8404,176,376
2019-03-29$179.62$178.0015.7%4.7%15.0%14.4%16.3%4.7%0.7%771.5M-8.41B-130.1M1.041.55N/AN/A322,438335,3052,808,0374,273,965