QQQ Options History — October 2020

In October 2020, QQQ traded between $268.24 and $295.54. ATM implied volatility averaged 33.6%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 6.6% (HV 20d: 27.0%). Max pain ranged from $276.00 to $280.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.42.

Notable Days

  • 2020-10-02: Highest Volume — 1,715,563 contracts
  • 2020-10-28: Largest IV spike — 15.6% change
  • 2020-10-28: Highest IV Rank — 41.5%
  • 2020-10-28: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$283.09$268.24$295.54$281.49$268.24
Max Pain$279.00$276.00$280.00$278.00$280.00
ATM IV33.6%30.5%38.6%32.0%38.2%
Expected Move9.7%8.3%11.7%8.3%11.6%
HV 20d27.0%22.4%37.2%37.2%28.7%
HV 60d27.4%26.5%29.1%26.5%29.1%
IV Rank33.8%28.9%41.5%31.2%40.8%
IV Percentile78.1%67.9%88.5%75.4%87.3%
Term Structure-0.1%-1.0%2.9%2.9%-0.1%
VWIV35.0%30.3%41.2%30.5%40.9%
Skew 25d8.5%7.3%10.7%7.7%10.7%
Skew 10d15.0%13.0%19.2%13.7%19.2%
Call IV 25d29.4%26.7%33.5%27.7%32.4%
Put IV 25d37.9%34.7%43.4%35.3%43.1%
Bid-Ask Spread %1.831.372.252.252.16
Gamma HHI0.030.020.060.020.03
Net GEX-316.4M-1.79B1.25B40.8M-1.79B
Net DEX-11.08B-32.64B16.39B-13.71B16.39B
Net VEX-266.1M-275.0M-255.2M-267.1M-270.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.421.081.861.191.68
Total Volume949,773565,0701,715,563921,1231,552,530
Total OI8,362,700.3647,511,0959,332,3128,126,6288,371,448

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$281.49$278.0032.0%8.3%37.2%31.2%30.5%7.7%2.9%40.8M-13.71B-267.1M1.192.25N/AN/A421,475499,6482,983,8745,142,754
2020-10-02$275.51$278.0033.0%8.4%32.4%32.8%30.3%7.3%2.9%-770.1M-2.44B-271.6M1.432.19N/AN/A704,6991,010,8643,105,6465,240,467
2020-10-05$280.04$276.0033.5%9.8%33.0%33.5%36.0%8.6%0.1%-75.9M-10.68B-274.0M1.281.51N/AN/A256,760327,7753,078,1405,261,817
2020-10-06$275.10$276.0035.7%10.2%28.2%37.0%36.3%9.1%-0.3%-698.8M-1.74B-274.4M1.521.69N/AN/A360,291549,3563,115,1215,344,327
2020-10-07$280.26$276.0034.5%9.8%27.3%35.1%34.7%9.2%-0.1%-84.0M-10.48B-271.2M1.261.44N/AN/A300,649379,7833,149,2865,462,497
2020-10-08$281.24$276.0033.0%9.5%26.3%32.8%35.6%8.3%0.1%170.9M-13.14B-265.5M1.691.57N/AN/A269,551454,3063,186,1245,526,648
2020-10-09$285.35$279.0030.5%8.8%26.3%28.9%32.5%8.0%0.2%1.25B-20.74B-261.4M1.121.64N/AN/A467,008525,1963,223,2595,655,056
2020-10-12$294.68$279.0032.3%9.1%27.6%31.8%35.0%8.2%-0.4%909.1M-32.64B-255.2M1.312.16N/AN/A664,368867,2313,088,6645,440,250
2020-10-13$295.54$280.0032.7%9.2%27.5%32.4%34.5%7.8%-0.6%536.5M-32.42B-256.1M1.731.90N/AN/A393,949680,7493,110,1265,718,582
2020-10-14$292.96$280.0032.5%9.1%27.5%32.1%34.1%7.6%-0.7%268.2M-27.47B-261.5M1.481.72N/AN/A311,711462,0133,172,6265,923,260
2020-10-15$290.40$280.0032.8%9.3%26.2%32.5%34.0%7.4%-0.6%6.9M-22.78B-261.1M1.441.83N/AN/A405,364583,5903,208,9525,983,370
2020-10-16$289.83$280.0032.4%9.2%25.9%31.9%34.3%7.9%-0.5%26.3M-22.13B-263.8M1.242.16N/AN/A431,903534,0683,277,7096,054,603
2020-10-19$283.90$280.0034.2%9.8%27.3%34.7%34.2%8.4%-0.9%-590.8M-8.28B-267.8M1.452.14N/AN/A335,413484,7742,692,3994,818,696
2020-10-20$285.46$280.0033.1%9.5%26.1%33.0%33.6%8.3%-0.8%-525.6M-10.59B-265.5M1.082.01N/AN/A345,396373,8052,782,8054,915,883
2020-10-21$284.78$280.0032.7%9.4%23.2%32.3%33.3%8.6%-1.0%-637.8M-9.54B-265.3M1.671.79N/AN/A211,658353,4122,828,4524,982,046
2020-10-22$284.40$280.0032.2%9.3%23.2%31.6%33.1%8.0%-0.9%-752.8M-8.97B-263.9M1.431.53N/AN/A307,184438,2982,854,7095,080,708
2020-10-23$284.45$280.0031.3%9.0%22.4%30.2%33.3%8.0%-0.8%-577.7M-9.23B-262.4M1.201.66N/AN/A316,047379,0282,916,1305,168,288
2020-10-26$279.18$280.0035.4%10.5%22.6%36.6%37.8%9.0%-0.3%-876.5M-2.05B-263.1M1.391.83N/AN/A412,197573,7662,755,8184,971,935
2020-10-27$283.10$280.0033.4%10.0%23.0%33.5%35.7%9.3%-0.2%-573.8M-8.17B-265.0M1.861.37N/AN/A226,401422,2252,889,6605,086,327
2020-10-28$273.57$280.0038.6%11.7%26.1%41.5%41.2%9.9%-0.4%-1.32B7.85B-275.0M1.332.06N/AN/A533,216707,8942,915,9595,202,881
2020-10-29$278.43$280.0036.2%11.0%26.5%37.7%39.7%10.4%-0.3%-894.9M-772.9M-273.6M1.451.60N/AN/A432,630626,8252,999,2415,292,865
2020-10-30$268.24$280.0038.2%11.6%28.7%40.8%40.9%10.7%-0.1%-1.79B16.39B-270.8M1.682.16N/AN/A578,439974,0913,012,1355,359,313