QQQ Options History — April 2021

In April 2021, QQQ traded between $324.12 and $341.82. ATM implied volatility averaged 20.4%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 2.5% (HV 20d: 17.8%). Max pain ranged from $319.00 to $330.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.64.

Notable Days

  • 2021-04-29: Highest Volume — 1,295,175 contracts
  • 2021-04-19: Largest IV spike — 15.5% change
  • 2021-04-22: Highest IV Rank — 16.1%
  • 2021-04-20: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$336.89$324.12$341.82$324.12$337.32
Max Pain$327.86$319.00$330.00$319.00$330.00
ATM IV20.4%18.4%21.8%20.6%19.7%
Expected Move5.8%5.3%6.3%5.6%5.7%
HV 20d17.8%14.7%25.1%24.8%14.7%
HV 60d22.8%20.9%23.9%23.7%21.0%
IV Rank4.6%0.0%16.1%0.0%6.3%
IV Percentile1.8%0.0%7.5%0.0%1.6%
Term Structure0.1%-0.9%0.8%0.2%-0.8%
VWIV22.3%20.5%24.8%22.5%21.4%
Skew 25d6.2%5.1%7.5%5.6%7.2%
Skew 10d11.3%10.1%12.7%10.4%12.3%
Call IV 25d17.9%16.3%19.3%18.4%17.1%
Put IV 25d24.0%21.8%26.0%24.0%24.4%
Bid-Ask Spread %1.531.241.801.801.52
Gamma HHI0.030.020.070.030.04
Net GEX-194.3M-2.50B1.10B-313.5M-2.50B
Net DEX-20.99B-37.67B-7.78B-9.36B-7.78B
Net VEX-319.8M-341.7M-304.7M-328.5M-341.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.641.172.011.801.43
Total Volume895,476.714485,5521,295,1751,285,1891,277,265
Total OI8,681,091.6677,565,0399,707,8398,666,1848,946,371

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$324.12$319.0020.6%5.6%24.8%0.0%22.5%5.6%0.2%-313.5M-9.36B-328.5M1.801.80N/AN/A458,710826,4792,697,1365,969,048
2021-04-05$331.02$321.0021.1%6.1%25.1%2.3%23.0%5.5%0.1%79.3M-20.30B-313.5M1.591.63N/AN/A187,639297,9132,625,0415,874,480
2021-04-06$330.77$324.0021.3%6.1%22.8%2.9%23.9%5.5%0.0%172.4M-19.80B-315.2M1.911.53N/AN/A246,732470,8392,712,6616,024,269
2021-04-07$331.73$324.0020.7%5.9%19.8%0.6%22.0%5.1%-0.1%208.3M-20.91B-316.1M1.561.43N/AN/A248,227387,1012,753,0816,118,125
2021-04-08$334.80$325.0020.8%6.0%19.8%0.9%21.5%5.3%0.0%804.3M-27.68B-311.9M1.511.24N/AN/A337,026509,6212,785,4436,199,880
2021-04-09$336.55$325.0020.5%6.0%18.6%0.0%22.3%5.3%0.3%1.10B-30.98B-309.3M1.691.52N/AN/A381,834646,3712,817,9476,317,115
2021-04-12$336.86$327.0020.5%6.0%18.0%0.0%22.2%5.3%0.3%569.8M-28.29B-306.4M1.171.48N/AN/A322,914377,1472,711,4296,142,988
2021-04-13$340.68$330.0020.4%5.9%18.1%0.0%21.8%5.2%0.2%957.8M-35.32B-305.5M1.291.38N/AN/A378,867489,1322,784,9626,267,337
2021-04-14$336.19$330.0021.2%6.1%18.9%3.8%23.4%5.7%0.1%434.6M-25.79B-314.0M1.441.72N/AN/A469,598675,1472,859,7346,393,881
2021-04-15$341.65$330.0019.3%5.6%19.5%0.0%20.8%5.4%0.1%1.01B-37.55B-304.7M1.441.38N/AN/A397,451574,1652,900,6066,556,637
2021-04-16$341.82$330.0018.4%5.3%15.2%0.0%20.5%5.5%0.3%612.1M-37.67B-305.9M1.631.66N/AN/A379,163616,2102,935,1986,772,641
2021-04-19$338.20$330.0021.3%6.1%16.1%12.1%23.6%7.1%0.2%-841.9M-14.68B-321.1M1.901.24N/AN/A298,118567,0552,391,4185,173,621
2021-04-20$336.67$330.0021.8%6.3%15.8%14.3%24.8%7.5%0.1%-1.26B-11.05B-328.7M1.821.32N/AN/A318,487578,3182,481,3775,446,772
2021-04-21$339.01$330.0020.4%5.8%15.5%8.3%22.3%6.9%0.3%-863.0M-16.36B-324.9M1.681.44N/AN/A251,671423,3372,558,9455,562,227
2021-04-22$335.54$330.0021.7%6.2%15.2%16.1%22.3%7.5%0.2%-1.65B-8.76B-332.9M1.411.77N/AN/A413,266581,6442,618,3005,656,301
2021-04-23$340.02$330.0019.2%5.6%15.4%3.7%21.2%6.8%0.8%1.8M-19.99B-324.0M1.421.59N/AN/A396,496563,1922,691,7935,754,464
2021-04-26$341.48$330.0020.0%5.7%15.3%7.6%22.6%6.5%0.4%-535.6M-19.28B-321.3M1.911.60N/AN/A235,720451,1182,555,3495,604,582
2021-04-27$340.49$330.0019.8%5.6%15.5%6.6%22.9%6.7%0.3%-663.2M-17.10B-325.9M2.011.57N/AN/A246,509495,5632,625,7335,740,308
2021-04-28$339.48$330.0019.8%5.6%15.5%6.8%21.9%6.8%-0.9%-756.6M-15.22B-331.4M1.871.59N/AN/A255,493478,2982,724,9305,838,153
2021-04-29$340.38$330.0019.4%5.5%14.7%4.9%21.3%6.8%-0.6%-647.9M-16.91B-333.7M1.981.62N/AN/A434,298860,8772,744,1765,968,466
2021-04-30$337.32$330.0019.7%5.7%14.7%6.3%21.4%7.2%-0.8%-2.50B-7.78B-341.7M1.431.52N/AN/A525,004752,2612,799,3236,147,048