QQQ Options History — November 2019

In November 2019, QQQ traded between $198.46 and $205.92. ATM implied volatility averaged 13.8%, placing in the 2.0% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 4.5% (HV 20d: 9.3%). Max pain ranged from $191.50 to $197.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.94.

Notable Days

  • 2019-11-07: Highest Volume — 629,609 contracts
  • 2019-11-15: Largest IV drop — 8.5% change
  • 2019-11-21: Highest IV Rank — 5.5%
  • 2019-11-05: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$201.91$198.46$205.92$198.46$205.11
Max Pain$194.43$191.50$197.00$191.50$197.00
ATM IV13.8%12.3%14.7%13.7%13.3%
Expected Move4.0%3.5%4.4%3.7%3.8%
HV 20d9.3%7.2%13.1%13.0%7.5%
HV 60d14.7%12.5%17.5%17.5%12.5%
IV Rank2.0%0.0%5.5%0.0%4.0%
IV Percentile3.4%0.0%11.1%0.4%1.6%
Term Structure0.3%-0.2%0.8%0.4%0.0%
VWIV15.5%13.2%17.0%13.2%14.2%
Skew 25d4.5%3.9%5.3%4.0%4.8%
Skew 10d9.0%7.3%10.2%8.5%9.6%
Call IV 25d11.9%10.7%12.6%11.7%11.4%
Put IV 25d16.3%15.1%17.5%15.7%16.2%
Bid-Ask Spread %1.611.431.961.561.96
Gamma HHI0.060.040.080.070.08
Net GEX425.0M-729.9M1.34B1.34B386.6M
Net DEX-11.68B-15.35B-5.91B-11.56B-12.34B
Net VEX-90.7M-94.5M-85.6M-93.4M-90.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.823.401.132.44
Total Volume463,384.6226,578629,609608,965271,242
Total OI5,978,738.755,299,4276,613,8936,008,4896,187,681

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$198.46$191.5013.7%3.7%13.0%0.0%13.2%4.0%0.4%1.34B-11.56B-93.4M1.131.56N/AN/A285,526323,4392,034,8283,973,661
2019-11-04$200.03$193.0014.0%4.3%13.1%1.4%16.2%4.2%0.5%870.6M-12.89B-90.7M1.051.66N/AN/A298,717314,3941,930,5273,745,306
2019-11-05$200.36$193.0014.4%4.4%11.4%2.9%15.7%4.3%0.5%872.7M-13.09B-93.3M1.561.89N/AN/A127,600198,6622,078,8023,862,500
2019-11-06$199.53$193.0013.9%4.3%11.5%0.7%15.2%4.1%0.8%640.9M-11.25B-93.2M1.241.50N/AN/A196,386243,1502,082,7003,950,822
2019-11-07$200.08$193.0014.2%4.3%11.5%2.2%16.0%4.0%0.6%1.07B-12.28B-94.5M0.821.57N/AN/A345,834283,7752,146,0394,044,352
2019-11-08$201.00$193.0013.6%4.2%10.1%0.0%16.2%3.9%0.7%1.03B-14.12B-92.2M2.081.44N/AN/A157,204326,3872,161,7634,126,991
2019-11-11$200.81$193.0014.2%4.2%10.0%2.5%16.9%4.5%0.4%639.5M-12.45B-91.6M1.861.54N/AN/A79,346147,2322,088,1234,045,963
2019-11-12$201.33$194.0014.4%4.2%9.2%3.4%16.3%4.3%0.4%741.8M-13.45B-90.5M1.481.54N/AN/A149,692221,6712,111,1444,100,231
2019-11-13$201.40$194.0014.7%4.3%9.0%4.8%16.9%4.5%0.4%550.5M-13.14B-91.6M2.631.49N/AN/A108,266285,1262,135,9474,196,329
2019-11-14$201.38$194.0014.4%4.2%9.0%3.4%16.1%4.6%0.3%210.4M-12.51B-91.2M1.731.55N/AN/A168,614291,8162,146,5314,314,737
2019-11-15$202.39$194.0013.2%3.9%8.4%0.0%14.8%4.1%0.7%472.2M-15.35B-88.5M1.371.54N/AN/A194,070266,1422,173,3254,440,568
2019-11-18$202.97$195.0013.4%3.9%8.3%1.0%15.3%4.4%0.1%109.3M-10.06B-86.4M2.211.43N/AN/A131,271289,7201,684,0613,615,366
2019-11-19$203.50$195.0013.6%3.9%7.5%2.0%15.6%4.6%0.1%128.9M-10.87B-87.8M2.431.53N/AN/A123,278299,8981,749,7823,739,050
2019-11-20$201.86$195.0014.0%4.0%8.4%3.7%16.0%5.1%0.0%-355.5M-7.05B-91.4M2.031.81N/AN/A166,498337,7371,781,0153,810,718
2019-11-21$201.61$196.0014.4%4.1%8.2%5.5%17.0%5.3%-0.1%-420.5M-6.51B-92.9M3.401.52N/AN/A135,310460,3491,820,8813,890,233
2019-11-22$201.64$196.0013.9%4.0%7.8%3.3%16.1%5.2%0.1%-729.9M-5.91B-94.3M2.161.56N/AN/A171,434369,5931,858,5974,035,117
2019-11-25$204.03$196.0013.1%3.7%8.0%0.0%15.0%4.9%0.1%105.6M-11.33B-88.1M3.051.60N/AN/A127,992390,1391,818,8893,899,955
2019-11-26$204.75$196.0012.7%3.6%7.2%0.0%13.5%4.7%-0.2%298.4M-12.57B-86.5M2.301.80N/AN/A109,969252,7941,864,9293,956,008
2019-11-27$205.92$197.0012.3%3.5%7.2%0.0%13.7%4.3%0.1%541.9M-14.86B-85.6M1.861.67N/AN/A216,157401,2621,915,2874,056,017
2019-11-29$205.11$197.0013.3%3.8%7.5%4.0%14.2%4.8%0.0%386.6M-12.34B-90.5M2.441.96N/AN/A78,842192,4002,017,7434,169,938