QQQ Options History — May 2020

In May 2020, QQQ traded between $212.79 and $232.79. ATM implied volatility averaged 28.3%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 0.1% (HV 20d: 28.4%). Max pain ranged from $209.00 to $215.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 1.87.

Notable Days

  • 2020-05-13: Highest Volume — 1,214,116 contracts
  • 2020-05-13: Largest IV spike — 16.4% change
  • 2020-05-13: Highest IV Rank — 33.5%
  • 2020-05-01: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$224.57$212.79$232.79$212.79$232.79
Max Pain$211.60$209.00$215.00$209.00$215.00
ATM IV28.3%24.4%33.4%33.3%24.4%
Expected Move8.2%7.1%9.9%9.9%7.1%
HV 20d28.4%21.2%39.1%39.1%21.2%
HV 60d50.5%48.1%51.6%50.8%48.1%
IV Rank25.5%19.6%33.5%33.3%19.6%
IV Percentile79.3%72.6%84.9%84.9%72.6%
Term Structure0.1%-0.4%0.8%0.1%-0.4%
VWIV31.4%27.4%41.7%36.7%27.5%
Skew 25d10.0%8.4%12.2%12.2%8.5%
Skew 10d18.7%16.3%22.1%22.1%17.0%
Call IV 25d23.8%21.2%27.8%27.8%21.2%
Put IV 25d33.8%29.7%40.0%40.0%29.7%
Bid-Ask Spread %1.791.432.661.902.18
Gamma HHI0.030.020.060.060.05
Net GEX11.8M-722.4M470.5M-722.4M466.2M
Net DEX-9.78B-17.45B1.60B1.60B-15.36B
Net VEX-147.5M-154.5M-138.3M-149.8M-150.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.871.203.902.011.99
Total Volume769,919.05534,8861,214,116871,126862,144
Total OI6,855,377.16,185,1597,633,4886,672,4167,257,428

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$212.79$209.0033.3%9.9%39.1%33.3%36.7%12.2%0.1%-722.4M1.60B-149.8M2.011.90N/AN/A289,319581,8072,200,5264,471,890
2020-05-04$214.99$210.0032.6%9.5%38.1%32.3%41.7%11.9%0.3%-284.9M-1.54B-146.7M3.901.47N/AN/A157,372613,8992,088,4264,181,351
2020-05-05$217.38$210.0030.6%9.0%30.4%29.1%38.1%11.0%0.4%-148.1M-4.71B-146.6M2.741.86N/AN/A213,861585,1492,136,0694,288,053
2020-05-06$219.28$210.0030.4%9.0%30.2%28.9%33.9%11.0%0.5%-80.7M-6.76B-148.2M1.641.74N/AN/A216,271354,8862,181,2034,614,850
2020-05-07$221.58$210.0029.0%8.6%30.2%26.7%33.2%10.5%0.7%105.5M-10.04B-147.5M1.311.59N/AN/A286,547376,5462,244,4064,618,773
2020-05-08$224.64$210.0025.8%7.7%30.4%21.7%30.2%9.1%0.8%470.5M-15.45B-144.0M1.991.67N/AN/A290,540579,0782,350,3614,717,517
2020-05-11$227.25$210.0025.8%7.5%30.4%21.7%28.7%9.2%0.4%439.5M-17.45B-138.3M1.381.93N/AN/A249,680344,6732,292,5104,706,322
2020-05-12$223.46$210.0028.7%8.3%27.7%26.2%30.4%10.1%0.1%28.0M-11.13B-145.2M1.882.66N/AN/A254,763479,0592,313,3834,810,802
2020-05-13$218.01$210.0033.4%9.5%29.1%33.5%34.0%12.1%-0.1%-451.4M-1.91B-154.5M1.952.10N/AN/A411,139802,9772,362,9884,956,760
2020-05-14$220.72$210.0030.6%8.8%29.0%29.1%32.7%11.7%0.0%-239.8M-6.46B-153.4M1.501.94N/AN/A390,921587,7202,455,6465,054,065
2020-05-15$222.32$210.0030.0%8.6%29.0%28.1%32.9%11.0%0.2%9.8M-9.64B-152.2M1.331.68N/AN/A366,716489,0452,496,2515,137,237
2020-05-18$228.28$210.0026.1%7.5%30.1%22.2%30.5%9.3%0.2%189.9M-11.82B-142.8M1.891.43N/AN/A256,168484,6292,017,6394,167,520
2020-05-19$228.36$212.0027.0%7.7%26.3%23.5%29.4%9.0%0.2%116.8M-11.43B-145.6M2.001.99N/AN/A183,969367,8412,057,5044,323,797
2020-05-20$231.37$213.0026.0%7.5%25.0%22.0%27.4%8.5%0.2%266.1M-15.18B-143.1M1.801.48N/AN/A191,340343,5462,105,4254,423,975
2020-05-21$229.25$213.0027.2%7.8%25.3%23.8%29.2%8.7%0.2%-3.1M-11.64B-149.4M1.931.78N/AN/A237,676458,4812,154,4864,560,616
2020-05-22$229.39$215.0026.6%7.6%25.1%22.9%27.9%8.4%0.3%38.7M-11.71B-151.4M1.201.59N/AN/A279,553334,1322,227,6094,675,907
2020-05-26$229.12$215.0025.9%7.4%25.1%21.8%27.4%8.9%-0.4%39.3M-11.49B-142.4M1.561.56N/AN/A252,196393,9692,137,0924,460,708
2020-05-27$230.03$215.0025.5%7.3%24.1%21.2%27.8%8.9%-0.4%984.3K-11.77B-146.1M1.751.56N/AN/A360,643630,2762,218,4134,576,891
2020-05-28$230.39$215.0026.4%7.6%21.3%22.6%27.5%9.5%-0.4%-4.6M-11.81B-151.7M1.601.78N/AN/A322,712517,1382,281,7884,781,355
2020-05-29$232.79$215.0024.4%7.1%21.2%19.6%27.5%8.5%-0.4%466.2M-15.36B-150.7M1.992.18N/AN/A288,725573,4192,334,9644,922,464