QQQ Options History — September 2021

In September 2021, QQQ traded between $359.08 and $382.32. ATM implied volatility averaged 18.0%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 5.6% (HV 20d: 12.4%). Max pain ranged from $360.00 to $375.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.59.

Notable Days

  • 2021-09-28: Highest Volume — 2,417,039 contracts
  • 2021-09-20: Largest IV spike — 39.3% change
  • 2021-09-20: Highest IV Rank — 40.2%
  • 2021-09-20: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$373.38$359.08$382.32$380.98$359.08
Max Pain$372.86$360.00$375.00$360.00$370.00
ATM IV18.0%14.7%23.7%15.2%23.3%
Expected Move5.2%4.0%6.9%4.0%6.8%
HV 20d12.4%9.8%16.7%10.0%16.6%
HV 60d11.9%10.8%13.9%11.1%13.9%
IV Rank17.2%4.0%40.2%5.8%38.5%
IV Percentile23.8%1.6%60.3%3.2%60.3%
Term Structure0.0%-0.5%0.7%0.0%-0.5%
VWIV19.9%17.1%25.6%17.1%24.3%
Skew 25d7.9%6.0%11.2%6.0%9.4%
Skew 10d15.9%12.6%22.2%14.7%17.4%
Call IV 25d14.8%12.4%18.9%13.2%18.9%
Put IV 25d22.7%18.6%30.2%19.2%28.4%
Bid-Ask Spread %1.651.122.571.372.12
Gamma HHI0.030.030.060.030.04
Net GEX-1.95B-4.94B475.5M475.5M-4.32B
Net DEX-12.31B-42.10B29.83B-42.10B29.26B
Net VEX-339.3M-364.6M-305.5M-305.5M-364.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.591.112.111.891.52
Total Volume1,478,186.19958,0072,417,0391,331,6421,693,809
Total OI8,812,089.5717,651,16610,053,7168,477,3418,941,813

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$380.98$360.0015.2%4.0%10.0%5.8%17.1%6.0%0.0%475.5M-42.10B-305.5M1.891.37N/AN/A460,415871,2272,730,5785,746,763
2021-09-02$380.02$370.0015.3%4.6%10.1%6.3%18.6%6.4%-0.2%352.4M-39.02B-313.2M1.811.12N/AN/A387,310700,4832,742,5405,820,271
2021-09-03$381.57$370.0014.7%4.4%9.9%4.0%18.3%6.2%0.4%-814.7K-40.13B-318.4M1.461.27N/AN/A503,878735,0142,822,8436,090,100
2021-09-07$382.32$370.0015.8%4.6%9.9%8.2%17.6%7.4%-0.3%-387.9M-40.86B-306.7M1.631.21N/AN/A437,131714,4292,739,2445,865,877
2021-09-08$380.43$371.0016.2%4.8%9.8%10.0%18.9%6.8%-0.2%-590.8M-34.18B-319.9M2.111.43N/AN/A542,4291,143,1662,798,2996,004,900
2021-09-09$380.18$374.0016.4%4.8%9.8%11.0%18.0%7.2%-0.3%-877.5M-32.06B-324.3M1.751.47N/AN/A348,105609,9022,847,2076,084,746
2021-09-10$376.90$373.0017.9%5.3%10.4%16.7%19.3%8.0%0.3%-2.86B-19.43B-351.1M2.022.13N/AN/A527,8051,065,7892,939,0266,577,906
2021-09-13$375.65$373.0017.5%5.1%10.5%15.3%20.3%8.3%0.3%-2.15B-15.88B-345.3M1.581.72N/AN/A667,4871,055,9522,908,9216,500,097
2021-09-14$374.68$375.0017.4%5.0%10.6%14.8%19.3%8.0%0.3%-2.53B-15.06B-346.3M1.521.25N/AN/A445,155674,7592,966,5986,616,519
2021-09-15$378.32$375.0015.7%4.5%10.2%8.1%17.4%7.1%-0.2%-1.11B-28.54B-333.2M1.591.40N/AN/A557,575886,0653,042,5586,760,376
2021-09-16$378.51$375.0015.3%4.4%10.1%6.5%17.2%7.0%-0.2%-1.18B-28.39B-333.9M1.301.55N/AN/A535,506698,1613,048,7906,782,884
2021-09-17$373.79$375.0017.0%4.9%11.3%13.3%18.4%7.8%0.3%-3.80B-12.17B-346.4M1.111.45N/AN/A800,582885,0493,124,7816,928,935
2021-09-20$363.55$375.0023.7%6.9%14.9%40.2%25.6%11.2%0.2%-3.00B17.50B-362.4M1.492.07N/AN/A927,2791,376,9742,411,0355,240,131
2021-09-21$366.86$375.0021.5%6.2%14.2%31.2%23.0%9.6%-0.1%-3.15B11.55B-357.1M1.561.78N/AN/A465,508726,2692,489,1665,333,283
2021-09-22$370.20$375.0019.0%5.4%14.6%21.3%20.3%8.5%-0.4%-2.39B-223.8M-352.2M1.481.74N/AN/A534,129792,2482,652,0135,515,404
2021-09-23$373.35$375.0016.8%4.7%14.9%12.3%18.4%7.3%-0.2%-1.20B-10.11B-345.9M1.381.56N/AN/A551,901762,1542,701,0465,539,070
2021-09-24$373.64$375.0015.6%4.3%14.7%7.7%19.0%6.9%0.7%-943.5M-11.48B-343.2M1.581.85N/AN/A459,826727,3822,761,6785,656,278
2021-09-27$370.62$375.0017.4%4.8%14.5%14.9%18.5%7.5%0.4%-2.46B-2.49B-342.0M1.321.76N/AN/A640,244848,3422,662,1925,563,201
2021-09-28$360.45$375.0023.2%6.8%16.7%37.9%24.3%9.1%0.3%-3.99B25.47B-356.0M1.742.57N/AN/A881,5271,535,5122,716,2365,702,316
2021-09-29$359.93$374.0023.2%6.7%16.7%38.0%24.6%9.6%-0.5%-4.94B29.83B-356.9M1.481.89N/AN/A751,8291,113,6032,797,6915,880,569
2021-09-30$359.08$370.0023.3%6.8%16.6%38.5%24.3%9.4%-0.5%-4.32B29.26B-364.6M1.522.12N/AN/A673,1841,020,6252,907,0166,034,797