QQQ Options History — July 2020

In July 2020, QQQ traded between $251.39 and $267.04. ATM implied volatility averaged 28.6%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 7.5% (HV 20d: 21.0%). Max pain ranged from $237.00 to $256.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.91.

Notable Days

  • 2020-07-24: Highest Volume — 1,700,356 contracts
  • 2020-07-13: Largest IV spike — 17.1% change
  • 2020-07-14: Highest IV Rank — 34.5%
  • 2020-07-14: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$259.85$251.39$267.04$251.39$264.79
Max Pain$249.45$237.00$256.00$237.00$256.00
ATM IV28.6%24.8%34.1%25.7%25.5%
Expected Move8.1%6.3%9.5%6.7%7.1%
HV 20d21.0%16.5%25.7%25.7%20.8%
HV 60d22.9%21.3%25.0%24.9%21.4%
IV Rank26.0%20.2%34.5%21.5%21.2%
IV Percentile73.4%60.3%84.9%68.7%60.3%
Term Structure-0.1%-0.7%0.5%0.1%0.5%
VWIV30.4%25.6%37.0%25.9%26.6%
Skew 25d8.6%7.8%9.9%8.9%8.0%
Skew 10d16.0%14.3%18.1%17.2%14.3%
Call IV 25d24.8%21.6%29.8%21.9%21.9%
Put IV 25d33.5%29.8%39.5%30.8%29.8%
Bid-Ask Spread %2.091.623.251.991.89
Gamma HHI0.030.020.060.030.06
Net GEX-324.7M-1.87B506.3M411.9M506.3M
Net DEX-15.02B-25.18B705.4M-15.86B-18.26B
Net VEX-208.2M-229.8M-172.2M-177.1M-223.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.911.342.721.691.34
Total Volume1,017,782.636599,1501,700,356733,5991,350,389
Total OI7,416,893.5456,136,2478,455,0646,136,2478,455,064

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$251.39$237.0025.7%6.7%25.7%21.5%25.9%8.9%0.1%411.9M-15.86B-177.1M1.691.99N/AN/A272,811460,7882,050,4934,085,754
2020-07-02$252.81$238.0024.8%6.3%25.2%20.2%25.6%8.3%0.2%504.8M-17.43B-177.5M1.731.84N/AN/A342,581592,6832,094,3174,210,842
2020-07-06$257.96$240.0026.4%7.6%25.1%22.6%30.1%8.0%-0.0%279.1M-20.84B-172.2M1.641.62N/AN/A371,513607,6172,050,7144,222,870
2020-07-07$257.53$240.0028.1%7.9%25.1%25.2%29.8%8.2%-0.1%84.8M-19.04B-182.0M1.841.62N/AN/A334,286616,2682,150,4204,408,715
2020-07-08$259.36$245.0027.7%7.9%25.0%24.6%28.9%8.3%-0.2%62.7M-20.97B-185.4M1.981.82N/AN/A231,355458,9022,255,2554,605,974
2020-07-09$261.90$245.0029.5%8.3%24.9%27.5%31.4%9.6%-0.4%195.6M-23.29B-191.4M2.202.15N/AN/A390,264859,3682,313,7394,751,892
2020-07-10$263.67$247.0028.5%8.1%16.5%25.9%31.7%9.3%-0.4%354.1M-25.18B-194.2M2.722.51N/AN/A278,208756,8722,400,7705,061,206
2020-07-13$260.44$250.0033.4%9.4%17.5%33.4%35.3%9.9%-0.4%-306.5M-17.18B-205.9M2.033.25N/AN/A506,8811,029,4462,346,0894,976,957
2020-07-14$259.29$250.0034.1%9.5%17.7%34.5%37.0%9.7%-0.6%-547.2M-14.25B-221.1M2.402.13N/AN/A361,827867,7882,554,4785,254,014
2020-07-15$260.87$250.0032.4%9.1%17.1%31.9%33.8%9.5%-0.7%-517.9M-16.46B-218.6M1.651.86N/AN/A388,410640,7862,587,6015,376,653
2020-07-16$259.23$250.0030.7%8.6%17.4%29.3%31.4%8.6%-0.7%-748.1M-14.62B-219.0M1.582.05N/AN/A351,092554,5972,669,0175,534,453
2020-07-17$259.62$250.0027.4%7.8%17.4%24.2%28.9%8.1%-0.2%-561.9M-16.43B-215.1M1.542.46N/AN/A349,244538,4082,747,0475,658,890
2020-07-20$267.04$252.0026.8%7.6%19.5%23.2%28.2%7.8%-0.0%101.6M-20.51B-204.9M1.862.26N/AN/A326,485605,9602,355,2784,417,700
2020-07-21$264.39$253.0028.2%8.1%20.1%25.5%30.3%7.9%-0.0%-274.1M-16.01B-214.1M2.171.99N/AN/A277,059600,3032,443,8144,627,115
2020-07-22$264.81$255.0027.1%7.8%19.9%23.7%30.0%7.8%0.1%-293.3M-15.96B-216.9M1.642.09N/AN/A246,623403,8692,513,4244,791,894
2020-07-23$258.04$255.0028.9%8.3%21.0%26.5%29.9%8.8%-0.0%-1.33B-4.56B-227.0M1.682.25N/AN/A525,721884,2812,577,0974,928,629
2020-07-24$255.14$255.0029.8%8.5%21.6%27.8%32.5%8.8%-0.0%-1.87B705.4M-229.8M2.082.22N/AN/A552,1071,148,2492,738,8165,084,498
2020-07-27$260.15$255.0028.3%8.1%21.4%25.6%30.5%8.7%0.1%-649.8M-9.66B-225.9M1.971.80N/AN/A297,861586,3152,664,3745,023,666
2020-07-28$257.35$255.0029.1%8.4%22.0%26.7%29.7%8.3%-0.1%-1.04B-4.71B-227.5M1.622.04N/AN/A242,772393,0472,753,1125,117,860
2020-07-29$259.92$255.0027.6%7.9%21.1%24.4%30.1%8.3%-0.0%-755.9M-9.42B-225.4M2.081.82N/AN/A194,254404,8962,813,5115,265,041
2020-07-30$261.01$255.0028.3%8.2%20.3%25.6%30.4%8.8%0.0%-741.9M-10.57B-225.3M2.672.27N/AN/A324,352864,6802,834,3935,398,212
2020-07-31$264.79$256.0025.5%7.1%20.8%21.2%26.6%8.0%0.5%506.3M-18.26B-223.5M1.341.89N/AN/A578,065772,3242,893,9965,561,068