QQQ Options History — December 2019

In December 2019, QQQ traded between $201.06 and $213.47. ATM implied volatility averaged 13.9%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 4.3% (HV 20d: 9.5%). Max pain ranged from $195.00 to $205.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.82.

Notable Days

  • 2019-12-03: Highest Volume — 663,138 contracts
  • 2019-12-27: Largest IV spike — 11.7% change
  • 2019-12-03: Highest IV Rank — 19.0%
  • 2019-12-03: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$207.95$201.06$213.47$203.15$212.49
Max Pain$198.33$195.00$205.00$197.00$205.00
ATM IV13.9%11.7%16.8%15.1%14.8%
Expected Move4.0%3.3%5.0%4.4%4.0%
HV 20d9.5%8.1%10.4%8.1%8.5%
HV 60d12.1%10.0%12.9%12.7%10.0%
IV Rank8.0%0.0%19.0%11.6%16.1%
IV Percentile14.1%0.0%42.9%20.6%23.0%
Term Structure0.5%0.1%1.1%0.2%0.3%
VWIV15.4%12.7%19.1%17.3%14.6%
Skew 25d5.2%4.0%6.3%5.7%5.5%
Skew 10d10.4%8.7%12.3%10.9%11.0%
Call IV 25d11.7%10.3%14.1%12.6%12.6%
Put IV 25d16.9%14.4%20.4%18.3%18.2%
Bid-Ask Spread %1.801.582.241.731.63
Gamma HHI0.070.040.120.040.05
Net GEX566.8M-635.2M1.63B-257.6M208.9M
Net DEX-12.43B-24.08B-1.92B-6.66B-8.95B
Net VEX-82.5M-96.3M-71.0M-92.0M-84.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.821.052.941.612.29
Total Volume457,334.714150,046663,138503,514405,787
Total OI6,089,469.0954,986,4647,092,4485,836,5205,525,714

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$203.15$197.0015.1%4.4%8.1%11.6%17.3%5.7%0.2%-257.6M-6.66B-92.0M1.611.73N/AN/A192,861310,6531,913,2373,923,283
2019-12-03$201.06$197.0016.8%5.0%8.6%19.0%19.1%6.3%0.3%-635.2M-1.92B-96.3M1.881.77N/AN/A230,492432,6461,999,7304,023,802
2019-12-04$202.61$197.0016.0%4.7%9.0%15.5%17.6%6.0%0.4%-167.5M-6.26B-93.7M1.321.88N/AN/A159,304210,3542,062,8744,080,272
2019-12-05$202.85$195.0015.5%4.7%8.8%13.5%16.8%5.9%0.5%-162.6M-6.54B-92.8M1.711.99N/AN/A112,824193,3602,124,9724,146,086
2019-12-06$205.10$195.0014.0%4.3%9.5%6.9%17.2%5.2%0.7%750.2M-13.06B-87.2M1.731.86N/AN/A177,859307,6152,161,6474,224,618
2019-12-09$204.32$195.0015.2%4.6%9.6%12.0%17.6%6.0%0.6%176.1M-9.51B-85.8M2.071.68N/AN/A110,130228,1522,065,8974,080,998
2019-12-10$203.74$195.0015.9%4.6%9.7%14.9%17.7%6.2%0.1%-185.4M-7.48B-88.1M1.981.79N/AN/A103,922205,5342,105,0994,165,391
2019-12-11$204.90$195.0014.9%4.4%9.8%10.9%17.6%6.0%0.5%257.5M-10.76B-83.9M2.941.69N/AN/A86,506254,2352,130,3604,216,686
2019-12-12$206.51$195.0014.0%4.1%10.1%6.9%16.2%5.5%0.3%880.5M-14.84B-80.3M1.892.24N/AN/A209,114394,6352,154,2964,278,448
2019-12-13$207.25$195.0012.6%3.7%10.1%1.3%14.8%4.9%0.6%1.32B-17.14B-75.7M1.562.09N/AN/A235,472366,8212,194,0084,354,342
2019-12-16$209.15$195.0011.9%3.5%10.4%0.0%13.7%4.2%0.4%1.52B-20.17B-71.0M1.421.74N/AN/A257,870365,4752,136,8194,255,489
2019-12-17$209.28$195.0012.1%3.5%10.4%0.9%12.7%4.3%0.3%1.44B-20.04B-73.2M1.361.65N/AN/A146,820200,0812,216,8554,392,209
2019-12-18$209.76$197.0012.0%3.4%10.4%0.3%13.9%4.3%0.3%1.50B-20.88B-74.2M2.631.65N/AN/A130,966344,5712,271,9264,469,184
2019-12-19$210.68$198.0011.7%3.3%9.8%0.0%13.9%4.1%0.4%1.63B-22.27B-76.7M2.001.95N/AN/A132,063263,5562,300,3564,634,040
2019-12-20$211.57$199.0011.7%3.3%9.8%0.0%13.4%4.0%0.4%1.41B-24.08B-76.6M1.701.95N/AN/A216,450367,2772,337,3074,755,141
2019-12-23$211.74$202.0012.3%3.5%9.7%2.3%13.3%4.7%1.0%530.2M-9.10B-77.9M1.091.58N/AN/A225,520244,9241,473,0063,513,458
2019-12-24$211.79$204.0012.3%3.4%9.1%2.3%13.3%4.8%1.1%413.8M-9.05B-81.8M2.501.83N/AN/A42,901107,1451,577,7023,634,198
2019-12-26$213.47$204.0012.7%3.4%9.4%4.3%13.3%4.5%1.1%800.6M-12.95B-75.2M2.151.70N/AN/A137,993296,6271,586,5763,683,293
2019-12-27$213.39$205.0014.1%3.8%9.3%11.1%14.7%5.0%0.9%529.9M-11.51B-82.3M1.271.72N/AN/A260,908330,8981,622,4753,790,381
2019-12-30$212.15$205.0015.6%4.3%9.5%18.9%15.2%5.8%0.2%-58.5M-7.85B-84.5M1.051.63N/AN/A294,995308,7131,601,4183,695,258
2019-12-31$212.49$205.0014.8%4.0%8.5%16.1%14.6%5.5%0.3%208.9M-8.95B-84.0M2.291.63N/AN/A123,509282,2781,724,8213,800,893