QQQ Options History — February 2020

In February 2020, QQQ traded between $202.10 and $236.96. ATM implied volatility averaged 21.0%, placing in the 54.7% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 2.9% (HV 20d: 18.1%). Max pain ranged from $217.00 to $223.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.76.

Notable Days

  • 2020-02-27: Highest Volume — 1,773,952 contracts
  • 2020-02-27: Largest IV spike — 26.8% change
  • 2020-02-25: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$226.57$202.10$236.96$222.25$202.10
Max Pain$220.37$217.00$223.00$218.00$221.00
ATM IV21.0%15.7%44.1%18.7%44.1%
Expected Move6.2%4.5%14.1%5.3%14.1%
HV 20d18.1%13.9%27.9%13.9%27.9%
HV 60d13.0%10.7%18.8%10.7%18.8%
IV Rank54.7%29.2%100.0%50.8%100.0%
IV Percentile70.5%44.4%100.0%74.2%100.0%
Term Structure-0.3%-2.0%0.2%-0.2%-2.0%
VWIV23.1%16.7%50.2%20.1%50.2%
Skew 25d7.7%5.2%18.1%7.3%18.1%
Skew 10d14.3%9.9%29.6%13.4%29.6%
Call IV 25d17.7%13.5%36.8%15.4%36.8%
Put IV 25d25.3%18.7%54.9%22.6%54.9%
Bid-Ask Spread %2.071.226.541.416.54
Gamma HHI0.040.030.050.030.04
Net GEX-82.2M-1.71B1.16B-533.7M-1.46B
Net DEX-7.85B-29.60B40.48B-4.47B40.48B
Net VEX-111.0M-134.7M-97.0M-110.3M-134.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.761.252.252.001.89
Total Volume980,547.947507,5131,773,952531,0981,621,384
Total OI6,422,014.0535,610,7367,313,1145,610,7367,173,292

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$222.25$218.0018.7%5.3%13.9%50.8%20.1%7.3%-0.2%-533.7M-4.47B-110.3M2.001.41N/AN/A177,154353,9441,733,7543,876,982
2020-02-04$227.58$218.0016.7%4.6%16.0%36.2%18.4%6.3%-0.1%374.8M-15.49B-100.4M1.701.45N/AN/A315,072536,9331,768,0823,940,117
2020-02-05$228.24$220.0017.0%4.6%16.0%38.4%17.0%5.9%-0.1%350.3M-16.31B-100.1M1.701.22N/AN/A291,041495,2121,818,4394,075,763
2020-02-06$229.88$217.0016.4%4.7%15.8%34.2%18.0%5.5%0.0%611.7M-19.45B-100.8M1.561.52N/AN/A253,545396,2461,908,5254,257,603
2020-02-07$229.28$218.0017.3%5.0%15.9%40.8%20.2%5.9%-0.1%193.2M-17.10B-106.8M2.171.61N/AN/A230,604501,2671,936,9954,399,257
2020-02-10$231.44$218.0017.4%5.0%16.0%41.3%18.9%5.9%-0.0%287.8M-19.53B-100.0M1.281.61N/AN/A222,571284,9421,873,5234,137,694
2020-02-11$232.08$219.0017.4%5.0%15.8%41.8%19.2%6.0%-0.0%421.7M-20.92B-101.3M1.361.85N/AN/A367,979499,6021,969,7954,240,899
2020-02-12$234.12$220.0015.7%4.5%15.9%29.2%18.4%5.2%0.1%1.16B-26.00B-97.0M1.731.51N/AN/A222,352385,2242,117,4784,373,053
2020-02-13$233.78$220.0016.1%4.6%15.8%32.1%16.7%5.4%0.0%770.7M-24.13B-102.3M1.371.47N/AN/A287,711394,2952,155,9004,483,382
2020-02-14$234.21$220.0015.8%4.6%15.6%29.9%18.5%5.4%0.2%1.00B-25.89B-102.3M2.251.28N/AN/A224,591506,0372,246,5524,619,622
2020-02-18$234.88$220.0016.5%4.7%15.6%34.7%18.9%6.0%0.1%706.9M-24.60B-102.8M1.681.49N/AN/A237,866399,0782,164,4974,472,603
2020-02-19$236.96$222.0016.2%4.7%15.8%32.9%18.7%5.5%0.1%933.8M-29.60B-100.6M1.251.57N/AN/A266,558334,3542,253,5904,627,480
2020-02-20$234.62$223.0017.4%5.0%16.4%41.8%19.1%6.5%0.0%465.3M-23.71B-108.9M1.871.82N/AN/A354,561663,5542,311,7784,736,389
2020-02-21$230.00$223.0020.5%5.9%18.2%64.2%21.5%8.0%-0.3%-927.0M-11.02B-118.9M2.081.88N/AN/A503,2641,047,0902,400,3054,912,809
2020-02-24$222.56$223.0025.0%7.4%21.6%96.9%27.5%10.6%-0.9%-1.28B12.26B-128.3M1.782.11N/AN/A533,711952,0421,932,0093,801,676
2020-02-25$216.14$223.0028.7%8.6%23.1%100.0%30.4%10.5%-0.9%-1.48B22.09B-129.2M2.033.00N/AN/A582,8361,182,9992,130,4113,941,191
2020-02-26$216.76$222.0027.6%8.3%22.3%93.7%29.4%9.5%-0.8%-1.45B20.22B-132.1M1.712.66N/AN/A454,141776,6992,330,5814,119,058
2020-02-27$208.03$222.0035.0%10.8%26.4%100.0%38.2%12.2%-1.1%-1.71B34.08B-132.2M1.963.34N/AN/A598,5081,175,4442,484,3764,292,807
2020-02-28$202.10$221.0044.1%14.1%27.9%100.0%50.2%18.1%-2.0%-1.46B40.48B-134.7M1.896.54N/AN/A561,9861,059,3982,715,4694,457,823