QQQ Options History — July 2021

In July 2021, QQQ traded between $352.77 and $368.23. ATM implied volatility averaged 17.5%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 6.1% (HV 20d: 11.4%). Max pain ranged from $342.00 to $355.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.37.

Notable Days

  • 2021-07-19: Highest Volume — 1,672,910 contracts
  • 2021-07-19: Largest IV spike — 17.5% change
  • 2021-07-19: Highest IV Rank — 27.3%
  • 2021-07-19: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$361.58$352.77$368.23$354.21$364.29
Max Pain$349.76$342.00$355.00$342.00$355.00
ATM IV17.5%15.2%21.6%16.4%17.2%
Expected Move5.0%3.8%6.2%4.2%4.7%
HV 20d11.4%9.2%14.2%10.1%14.2%
HV 60d15.6%15.1%16.0%15.7%15.2%
IV Rank10.2%0.5%27.3%5.7%9.0%
IV Percentile8.7%0.4%27.4%3.6%10.3%
Term Structure0.1%-0.5%0.9%-0.3%0.4%
VWIV19.0%15.8%21.8%16.3%18.0%
Skew 25d6.0%4.8%7.9%5.4%6.1%
Skew 10d12.5%9.6%16.0%12.0%13.1%
Call IV 25d15.1%13.2%18.1%14.5%14.6%
Put IV 25d21.1%18.3%26.1%19.9%20.7%
Bid-Ask Spread %1.371.071.831.831.51
Gamma HHI0.030.020.060.040.03
Net GEX367.2M-1.74B2.31B611.9M-421.0M
Net DEX-28.62B-40.57B443.5M-26.14B-22.67B
Net VEX-328.3M-351.3M-311.1M-324.1M-331.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.371.021.771.421.23
Total Volume1,248,164.714744,0041,672,910893,0601,294,475
Total OI8,242,131.9527,659,7049,308,2257,751,4928,365,291

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$354.21$342.0016.4%4.2%10.1%5.7%16.3%5.4%-0.3%611.9M-26.14B-324.1M1.421.83N/AN/A368,922524,1382,698,3865,053,106
2021-07-02$358.57$343.0015.6%3.8%9.2%2.2%15.8%4.8%0.4%2.31B-38.25B-318.4M1.591.79N/AN/A492,749783,5482,793,3935,230,092
2021-07-06$360.29$345.0017.2%5.1%9.2%8.9%19.8%5.0%0.3%1.32B-37.24B-311.1M1.561.07N/AN/A543,686846,9262,700,3715,153,854
2021-07-07$360.89$345.0017.7%5.2%9.2%11.2%21.3%5.3%-0.2%659.6M-35.32B-321.7M1.631.27N/AN/A556,415907,8302,792,9655,381,749
2021-07-08$358.01$349.0019.7%5.7%10.0%19.4%21.8%6.6%-0.5%-448.7M-26.07B-339.8M1.761.36N/AN/A503,802888,3802,846,6215,532,132
2021-07-09$360.93$350.0017.4%5.1%9.9%9.7%19.4%5.4%0.3%-83.9M-33.69B-328.9M1.531.27N/AN/A449,927688,1392,879,3875,730,969
2021-07-12$362.10$350.0017.1%5.0%9.9%8.5%20.3%5.0%0.3%825.8M-37.41B-321.7M1.181.31N/AN/A401,098472,1522,864,7065,687,438
2021-07-13$362.71$350.0018.1%5.2%9.8%12.8%21.3%5.8%0.1%488.3M-36.02B-322.0M1.771.19N/AN/A542,807961,1562,852,5715,680,775
2021-07-14$363.65$350.0017.4%5.1%9.5%9.9%18.8%5.7%-0.3%625.7M-37.51B-324.2M1.211.18N/AN/A612,672741,2542,949,4675,951,093
2021-07-15$360.11$350.0018.0%5.2%10.4%12.4%19.8%5.8%-0.3%-359.9M-27.86B-332.8M1.681.16N/AN/A573,380965,5182,980,5905,985,327
2021-07-16$357.51$350.0018.4%5.3%10.2%13.9%19.5%6.3%0.2%-994.1M-19.49B-341.1M1.241.30N/AN/A675,490840,6793,090,1796,218,046
2021-07-19$352.77$350.0021.6%6.2%11.2%27.3%21.6%7.9%0.2%-1.74B443.5M-351.3M1.141.24N/AN/A780,890892,0202,674,9225,085,255
2021-07-20$359.90$350.0018.0%5.2%13.0%12.4%19.2%6.8%0.3%366.9M-19.62B-338.7M1.161.17N/AN/A489,207567,9652,738,1575,120,771
2021-07-21$360.58$350.0017.2%4.9%12.6%8.9%18.4%6.5%-0.2%946.8M-21.81B-335.3M1.401.31N/AN/A391,150547,9952,797,2485,251,728
2021-07-22$363.55$350.0016.6%4.8%12.7%6.4%17.6%6.6%-0.3%1.37B-29.34B-332.8M1.551.26N/AN/A373,352580,4892,790,4565,222,323
2021-07-23$368.23$351.0015.2%4.4%13.2%0.5%17.1%5.2%0.5%1.54B-40.57B-321.4M1.081.55N/AN/A659,811709,3732,822,8465,388,737
2021-07-26$368.10$351.0016.4%4.7%13.2%5.7%17.7%5.9%0.8%833.4M-33.77B-315.3M1.021.46N/AN/A439,078448,7342,569,0265,090,678
2021-07-27$363.43$354.0018.5%5.2%13.8%14.4%20.6%6.9%0.9%-669.2M-21.17B-333.5M1.171.43N/AN/A750,166879,9502,601,0875,232,774
2021-07-28$366.43$355.0017.2%4.7%14.0%9.0%17.9%6.5%-0.2%-378.0M-27.57B-325.7M1.241.58N/AN/A589,220732,9122,706,2985,357,035
2021-07-29$366.82$355.0016.5%4.4%14.0%6.0%17.3%6.0%0.1%914.9M-29.88B-323.9M1.281.47N/AN/A326,099417,9052,774,7515,442,171
2021-07-30$364.29$355.0017.2%4.7%14.2%9.0%18.0%6.1%0.4%-421.0M-22.67B-331.2M1.231.51N/AN/A581,286713,1892,826,9075,538,384