QQQ Options History — June 2020

In June 2020, QQQ traded between $234.04 and $249.27. ATM implied volatility averaged 27.1%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 5.5% (HV 20d: 21.7%). Max pain ranged from $215.00 to $237.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.72.

Notable Days

  • 2020-06-11: Highest Volume — 1,481,410 contracts
  • 2020-06-11: Largest IV spike — 31.1% change
  • 2020-06-11: Highest IV Rank — 32.2%
  • 2020-06-11: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$241.30$234.04$249.27$234.04$246.86
Max Pain$230.82$215.00$237.00$215.00$237.00
ATM IV27.1%22.0%32.6%24.8%27.1%
Expected Move7.7%6.3%9.2%7.2%7.2%
HV 20d21.7%18.1%25.3%18.2%25.3%
HV 60d36.6%28.2%47.8%47.8%28.2%
IV Rank23.7%15.8%32.2%20.2%23.7%
IV Percentile75.3%67.5%83.3%73.0%72.6%
Term Structure0.2%-0.6%0.9%0.3%-0.0%
VWIV29.2%24.3%33.9%28.9%28.1%
Skew 25d8.9%6.6%11.1%8.9%9.4%
Skew 10d16.8%12.2%21.1%16.9%17.2%
Call IV 25d23.4%19.5%28.4%20.7%23.2%
Put IV 25d32.3%26.1%38.8%29.7%32.6%
Bid-Ask Spread %2.111.254.431.251.77
Gamma HHI0.030.020.050.020.03
Net GEX47.7M-688.2M790.1M94.8M244.5M
Net DEX-16.74B-30.71B-3.09B-15.57B-12.62B
Net VEX-170.2M-189.2M-147.6M-149.3M-179.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.721.122.582.581.69
Total Volume870,833.682486,7001,481,410593,118636,899
Total OI7,416,833.9095,783,7748,700,9656,956,3996,401,757

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$234.04$215.0024.8%7.2%18.2%20.2%28.9%8.9%0.3%94.8M-15.57B-149.3M2.581.25N/AN/A165,514427,6042,223,6894,732,710
2020-06-02$234.49$215.0024.1%7.0%18.1%19.2%26.4%8.7%-0.0%17.1M-15.79B-150.3M2.211.42N/AN/A151,529335,1712,247,2694,937,799
2020-06-03$237.07$215.0022.7%6.4%18.1%17.0%25.4%8.1%0.1%247.1M-19.69B-148.5M2.561.58N/AN/A177,917455,2532,288,7105,025,515
2020-06-04$234.30$225.0023.9%7.0%18.9%18.9%26.6%7.9%-0.0%-189.2M-14.67B-154.3M2.121.61N/AN/A298,510632,2322,322,2455,190,024
2020-06-05$239.22$227.0022.0%6.3%19.7%15.8%24.3%6.6%-0.1%516.5M-23.17B-147.6M1.782.07N/AN/A393,440698,9882,389,8975,361,254
2020-06-08$241.00$228.0022.7%6.5%19.4%16.9%26.4%6.7%0.2%285.3M-23.69B-148.6M1.491.60N/AN/A261,134388,2752,332,6625,244,609
2020-06-09$243.62$228.0024.3%7.0%19.4%19.4%27.0%7.3%0.1%413.9M-27.12B-151.6M2.041.82N/AN/A448,732914,4222,425,9125,325,555
2020-06-10$246.84$230.0024.9%7.1%18.1%20.3%27.5%7.2%0.1%464.5M-30.71B-156.7M1.694.43N/AN/A464,050784,8002,536,9925,569,106
2020-06-11$235.52$234.0032.6%9.2%23.8%32.2%33.7%10.4%-0.6%-688.2M-8.03B-187.4M1.752.41N/AN/A539,528941,8822,653,3125,792,261
2020-06-12$235.14$235.0031.3%8.9%23.6%30.1%33.9%11.1%-0.3%-663.3M-9.05B-186.5M1.902.84N/AN/A445,269845,7372,774,1235,758,073
2020-06-15$237.78$235.0029.6%8.5%23.8%27.6%33.0%10.2%0.6%-146.9M-15.05B-179.2M1.122.00N/AN/A360,890405,0372,639,7025,595,133
2020-06-16$241.81$235.0028.7%8.2%22.7%26.1%30.5%9.2%0.4%148.5M-22.27B-179.0M1.392.75N/AN/A345,761479,6202,717,8475,660,413
2020-06-17$243.55$235.0028.6%8.2%22.8%26.0%31.4%9.1%0.5%262.6M-25.27B-177.5M1.512.06N/AN/A242,104365,4192,756,3785,728,343
2020-06-18$243.88$235.0027.4%7.8%22.5%24.1%29.6%8.3%0.9%322.4M-25.81B-175.3M1.522.24N/AN/A244,969372,3122,762,7625,794,565
2020-06-19$244.45$235.0027.0%7.7%22.0%23.6%28.4%8.6%0.8%790.1M-26.90B-176.0M1.352.29N/AN/A422,795570,3102,808,1375,892,828
2020-06-22$246.45$235.0028.0%7.9%22.1%25.1%29.4%9.2%0.3%106.2M-12.24B-175.5M1.671.87N/AN/A211,853353,2691,934,5173,849,257
2020-06-23$249.27$235.0027.4%7.6%22.2%24.1%28.6%9.1%0.5%193.5M-14.97B-175.6M1.861.89N/AN/A333,282620,9571,995,4803,989,440
2020-06-24$244.58$236.0029.6%8.3%23.6%27.6%30.3%9.7%0.2%-269.3M-7.72B-186.8M1.572.11N/AN/A411,725645,3002,077,1004,182,222
2020-06-25$245.35$236.0029.0%8.1%23.6%26.7%31.1%9.4%0.3%-107.8M-9.43B-186.6M1.372.00N/AN/A307,006421,8242,163,4004,278,250
2020-06-26$241.46$236.0031.2%8.7%24.4%30.0%31.3%10.4%0.2%-645.4M-3.09B-189.2M1.282.22N/AN/A428,835550,4832,212,0964,338,062
2020-06-29$241.81$236.0029.7%8.2%24.4%27.7%30.4%10.2%-0.1%-348.0M-5.37B-182.9M1.312.08N/AN/A284,929372,7752,114,1944,146,746
2020-06-30$246.86$237.0027.1%7.2%25.3%23.7%28.1%9.4%-0.0%244.5M-12.62B-179.1M1.691.77N/AN/A237,210399,6892,162,3314,239,426