QQQ Options History — December 2021

In December 2021, QQQ traded between $379.96 and $403.03. ATM implied volatility averaged 21.5%, placing in the 39.3% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 0.5% (HV 20d: 21.9%). Max pain ranged from $371.00 to $380.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.43.

Notable Days

  • 2021-12-03: Highest Volume — 2,477,851 contracts
  • 2021-12-03: Largest IV spike — 21.5% change
  • 2021-12-03: Highest IV Rank — 81.3%
  • 2021-12-03: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$393.22$379.96$403.03$390.47$398.88
Max Pain$376.18$371.00$380.00$380.00$380.00
ATM IV21.5%17.4%29.8%25.6%17.4%
Expected Move6.2%4.7%9.4%7.8%4.7%
HV 20d21.9%15.8%25.3%16.2%23.4%
HV 60d17.9%16.2%18.9%16.3%17.5%
IV Rank39.3%18.7%81.3%60.3%18.8%
IV Percentile59.0%30.6%98.0%86.9%31.3%
Term Structure-0.0%-0.8%0.6%-0.6%0.5%
VWIV24.3%18.0%35.3%28.3%18.0%
Skew 25d7.9%5.7%12.3%9.2%5.7%
Skew 10d15.0%10.2%23.2%17.3%11.7%
Call IV 25d18.3%15.2%24.2%21.5%15.2%
Put IV 25d26.2%20.9%36.4%30.7%20.9%
Bid-Ask Spread %2.031.583.142.831.98
Gamma HHI0.030.020.050.030.05
Net GEX-677.9M-3.63B1.43B-2.57B-1.10B
Net DEX-17.74B-39.79B16.09B-10.65B-21.47B
Net VEX-367.5M-390.3M-349.2M-375.0M-354.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.851.961.871.12
Total Volume1,666,643.182981,5902,477,8512,437,5751,202,921
Total OI9,208,487.8647,909,68510,867,3779,452,2568,567,908

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$390.47$380.0025.6%7.8%16.2%60.3%28.3%9.2%-0.6%-2.57B-10.65B-375.0M1.872.83N/AN/A850,6491,586,9263,186,4556,265,801
2021-12-02$390.87$380.0024.5%7.3%15.8%54.7%27.7%10.0%-0.5%-1.91B-12.45B-375.3M1.702.21N/AN/A639,0871,089,1473,153,5346,238,151
2021-12-03$380.13$380.0029.8%9.4%17.9%81.3%35.3%12.3%0.3%-3.63B16.09B-389.8M1.662.24N/AN/A932,5341,545,3173,231,9956,375,555
2021-12-06$386.08$371.0025.9%7.5%19.0%61.7%27.8%11.2%0.3%-1.40B-6.50B-368.7M1.361.75N/AN/A745,8261,011,1583,195,7026,236,397
2021-12-07$396.73$371.0021.4%6.4%21.5%39.1%26.2%8.9%0.5%405.2M-34.60B-352.4M1.541.59N/AN/A635,341981,4873,218,0526,330,477
2021-12-08$398.83$372.0020.3%6.1%21.5%33.6%23.8%7.9%-0.3%716.2M-39.79B-349.2M1.281.63N/AN/A587,284750,6893,297,5516,672,294
2021-12-09$395.04$373.0021.8%6.4%20.9%40.8%24.5%8.4%-0.4%-455.3M-28.42B-357.6M1.961.58N/AN/A559,7471,095,6793,321,1066,394,682
2021-12-10$397.34$373.0019.8%5.9%20.9%30.9%22.6%7.5%0.5%252.1M-35.87B-357.7M1.681.79N/AN/A683,1741,148,5513,405,9676,576,177
2021-12-13$393.92$374.0021.2%6.2%20.9%37.7%23.9%8.0%0.4%-1.26B-24.23B-362.1M1.721.82N/AN/A633,3751,087,6923,278,2066,537,728
2021-12-14$387.78$374.0023.2%6.6%21.6%47.8%25.4%8.3%0.3%-1.83B-7.02B-376.2M1.711.86N/AN/A612,3261,045,5333,298,2636,593,342
2021-12-15$394.95$374.0021.0%6.0%22.4%36.7%25.6%7.4%-0.6%26.9M-27.98B-371.5M1.483.14N/AN/A799,4731,179,4483,396,0826,868,734
2021-12-16$387.25$375.0022.5%6.4%23.4%44.3%23.5%8.3%-0.8%-1.72B-5.82B-382.8M0.852.36N/AN/A1,253,8471,069,5283,395,1156,955,588
2021-12-17$385.50$375.0023.2%6.7%23.1%48.0%24.8%8.0%-0.8%-2.87B1.06B-390.3M1.102.65N/AN/A965,9131,063,7793,711,7657,155,612
2021-12-20$379.96$378.0024.8%7.2%23.3%56.3%26.5%8.4%0.3%-2.71B14.08B-388.5M1.231.81N/AN/A730,491898,5062,638,2545,271,431
2021-12-21$387.80$376.0021.7%6.3%24.8%40.7%25.5%7.7%0.4%-725.8M-4.26B-382.6M1.171.87N/AN/A669,265780,2102,712,9495,318,492
2021-12-22$392.86$376.0019.5%5.6%24.9%29.5%21.6%6.9%-0.3%758.6M-15.92B-376.7M1.231.97N/AN/A697,516858,8392,810,2245,505,588
2021-12-23$398.12$378.0017.4%5.0%25.3%18.7%20.2%6.0%-0.1%1.25B-25.83B-367.9M1.162.09N/AN/A574,744664,9052,765,7485,610,110
2021-12-27$403.03$378.0017.8%5.0%25.0%20.9%19.7%6.0%0.6%1.43B-33.65B-350.3M1.081.93N/AN/A659,532712,6642,667,6945,424,370
2021-12-28$402.44$380.0018.1%5.0%24.2%22.2%22.5%5.9%0.5%866.2M-30.61B-350.1M1.242.07N/AN/A550,782681,1372,689,6555,469,841
2021-12-29$402.13$378.0017.8%4.8%23.5%20.9%19.4%6.0%-0.2%1.03B-30.22B-350.6M1.721.71N/AN/A533,039916,4992,792,5705,653,108
2021-12-30$400.69$380.0017.7%4.8%23.3%20.1%23.0%6.0%-0.2%541.6M-26.21B-355.8M1.601.80N/AN/A378,237603,3532,766,0985,632,362
2021-12-31$398.88$380.0017.4%4.7%23.4%18.8%18.0%5.7%0.5%-1.10B-21.47B-354.7M1.121.98N/AN/A568,699634,2222,821,6585,746,250