QQQ Options History — July 2019

In July 2019, QQQ traded between $189.12 and $195.43. ATM implied volatility averaged 15.3%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 4.0% (HV 20d: 11.4%). Max pain ranged from $184.00 to $190.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.96.

Notable Days

  • 2019-07-10: Highest Volume — 743,635 contracts
  • 2019-07-26: Largest IV drop — 8.8% change
  • 2019-07-01: Highest IV Rank — 18.4%
  • 2019-07-31: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.44$189.12$195.43$189.12$192.03
Max Pain$187.73$184.00$190.00$185.00$190.00
ATM IV15.3%13.7%16.7%16.7%16.6%
Expected Move4.4%3.7%4.9%4.5%4.9%
HV 20d11.4%8.8%15.3%15.3%9.9%
HV 60d17.6%17.4%17.8%17.5%17.5%
IV Rank12.7%5.9%18.4%18.4%18.0%
IV Percentile27.1%4.8%43.3%41.7%43.3%
Term Structure0.0%-0.2%0.4%-0.2%-0.2%
VWIV16.7%14.1%18.4%16.3%17.5%
Skew 25d4.8%4.1%5.5%5.2%5.5%
Skew 10d9.4%8.2%10.5%10.1%10.5%
Call IV 25d13.1%11.9%14.3%14.3%14.1%
Put IV 25d17.9%16.0%19.6%19.5%19.6%
Bid-Ask Spread %1.651.342.421.622.42
Gamma HHI0.050.040.090.040.04
Net GEX552.4M-599.3M1.86B831.0M-599.3M
Net DEX-9.33B-14.88B-1.78B-7.94B-1.78B
Net VEX-114.8M-122.1M-107.8M-115.3M-120.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.961.423.321.551.84
Total Volume510,284.455295,568743,635706,107713,294
Total OI6,431,487.0455,896,7087,293,6606,145,9166,401,448

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$189.12$185.0016.7%4.5%15.3%18.4%16.3%5.2%-0.2%831.0M-7.94B-115.3M1.551.62N/AN/A276,461429,6462,311,7933,834,123
2019-07-02$189.71$185.0015.6%4.0%13.1%14.0%14.1%5.0%-0.0%1.02B-8.36B-113.6M1.481.68N/AN/A155,713230,4492,327,1653,932,880
2019-07-03$191.17$185.0015.4%3.7%13.1%13.0%14.2%4.7%-0.0%1.62B-12.35B-112.1M2.011.81N/AN/A98,195197,3732,376,4124,037,990
2019-07-05$191.07$184.0015.3%4.4%13.0%12.5%16.1%4.5%-0.0%1.86B-11.91B-110.5M1.421.49N/AN/A212,516302,2762,394,0004,145,033
2019-07-08$189.81$185.0016.4%4.7%12.1%17.1%17.8%5.4%-0.1%462.6M-7.10B-111.0M2.131.56N/AN/A169,427360,1872,225,8423,856,660
2019-07-09$190.50$186.0016.1%4.6%11.7%16.1%18.4%5.1%0.1%657.0M-8.55B-112.0M1.781.69N/AN/A139,309248,1152,285,5583,985,068
2019-07-10$192.43$186.0015.0%4.4%12.0%11.4%17.3%4.7%0.2%1.36B-13.54B-107.8M2.611.64N/AN/A206,156537,4792,297,3984,085,992
2019-07-11$192.22$187.0015.5%4.4%11.6%13.4%17.6%4.8%0.0%1.03B-11.94B-113.6M1.621.87N/AN/A246,277399,3182,334,0034,299,129
2019-07-12$193.32$188.0014.8%4.3%11.7%10.4%17.1%4.7%0.3%1.08B-14.62B-112.0M1.911.85N/AN/A198,040377,4912,371,2054,397,187
2019-07-15$194.11$188.0014.8%4.3%11.6%10.7%18.1%4.7%0.1%1.13B-14.88B-111.7M1.821.64N/AN/A143,842262,3952,275,7404,306,123
2019-07-16$193.33$188.0015.1%4.3%11.9%11.6%16.0%4.7%0.0%862.9M-12.33B-114.3M1.611.49N/AN/A180,363291,0052,290,6094,456,816
2019-07-17$192.64$188.0015.3%4.4%11.0%12.5%18.0%5.0%0.4%472.7M-9.90B-119.2M3.321.54N/AN/A116,321386,1392,318,3954,610,912
2019-07-18$192.29$189.0015.7%4.5%11.0%14.1%17.4%5.0%-0.0%-41.5M-8.16B-121.3M1.711.34N/AN/A266,484455,5192,320,7454,768,840
2019-07-19$191.36$189.0015.8%4.5%11.0%14.7%16.1%5.0%-0.1%-373.2M-5.67B-122.1M1.951.75N/AN/A224,115437,9832,379,8414,913,819
2019-07-22$192.47$189.0015.6%4.5%11.1%14.0%16.7%5.1%0.1%-317.8M-4.54B-118.8M1.811.50N/AN/A128,014231,1601,899,0243,997,684
2019-07-23$193.68$189.0014.7%4.2%11.1%10.1%16.8%4.6%0.1%40.0M-7.47B-116.1M2.221.66N/AN/A110,916246,7531,976,0354,052,684
2019-07-24$195.06$189.0014.1%4.1%8.8%7.5%16.2%4.3%0.1%340.6M-10.55B-113.1M2.551.54N/AN/A133,976341,0862,003,9564,118,479
2019-07-25$193.43$190.0015.0%4.3%9.6%11.5%16.2%4.4%0.1%-145.1M-6.53B-117.1M1.651.67N/AN/A188,171310,8112,026,2744,182,723
2019-07-26$195.43$190.0013.7%3.9%10.0%5.9%14.3%4.1%0.3%704.6M-12.07B-112.6M1.741.50N/AN/A167,758292,2642,097,6484,252,398
2019-07-29$194.75$190.0014.6%4.2%10.1%9.7%16.8%4.6%-0.1%242.3M-8.89B-113.2M1.941.62N/AN/A147,597286,3952,024,1434,059,887
2019-07-30$193.72$190.0015.6%4.7%9.2%13.8%18.0%5.0%-0.2%-77.4M-6.18B-117.4M2.421.51N/AN/A111,098268,3712,070,8794,190,175
2019-07-31$192.03$190.0016.6%4.9%9.9%18.0%17.5%5.5%-0.2%-599.3M-1.78B-120.8M1.842.42N/AN/A251,093462,2012,105,2404,296,208