QQQ Options History — February 2022

In February 2022, QQQ traded between $330.08 and $368.49. ATM implied volatility averaged 28.2%, placing in the 69.7% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 2.0% (HV 20d: 30.2%). Max pain ranged from $360.00 to $375.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.50.

Notable Days

2022-02-24: Highest Volume — 3,437,045 contracts
2022-02-03: Largest IV spike — 22.4% change
2022-02-23: Highest IV Rank — 95.2%
2022-02-23: Largest Expected Move — 9.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$351.45	$330.08	$368.49	$365.24	$344.72
Max Pain	$368.68	$360.00	$375.00	$372.00	$360.00
ATM IV	28.2%	23.1%	33.5%	24.4%	30.3%
Expected Move	8.3%	6.9%	9.9%	7.3%	9.4%
HV 20d	30.2%	25.8%	34.1%	25.8%	33.6%
HV 60d	24.7%	21.9%	26.6%	21.9%	26.6%
IV Rank	69.7%	45.5%	95.2%	51.5%	80.0%
IV Percentile	91.3%	74.6%	99.2%	82.5%	95.2%
Term Structure	-0.1%	-1.1%	0.8%	0.3%	0.1%
VWIV	30.3%	26.4%	34.5%	27.0%	34.5%
Skew 25d	9.7%	8.0%	11.1%	8.2%	10.6%
Skew 10d	17.5%	14.9%	20.0%	14.9%	18.7%
Call IV 25d	23.7%	19.9%	28.4%	20.8%	25.5%
Put IV 25d	33.4%	27.8%	38.3%	29.0%	36.1%
Bid-Ask Spread %	1.59	1.33	2.59	1.63	1.35
Gamma HHI	0.04	0.03	0.06	0.03	0.04
Net GEX	-3.01B	-4.92B	-555.7M	-1.26B	-2.50B
Net DEX	44.21B	9.68B	77.36B	16.42B	41.29B
Net VEX	-389.0M	-401.3M	-370.8M	-384.8M	-398.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.50	1.18	1.80	1.19	1.50
Total Volume	2,475,642.737	1,618,141	3,437,045	1,724,286	2,471,952
Total OI	9,495,971	8,719,765	10,375,912	8,719,765	9,653,678

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$365.24	$372.00	24.4%	7.3%	25.8%	51.5%	27.0%	8.2%	0.3%	-1.26B	16.42B	-384.8M	1.19	1.63	N/A	N/A	787,992	936,294	2,999,807	5,719,958
2022-02-02	$368.49	$372.00	24.0%	7.1%	26.1%	49.5%	26.4%	8.8%	-0.5%	-555.7M	9.68B	-389.0M	1.27	1.86	N/A	N/A	1,084,834	1,381,813	3,143,447	5,931,253
2022-02-03	$354.19	$375.00	29.4%	8.4%	27.8%	75.4%	31.3%	10.4%	-0.8%	-3.07B	44.34B	-397.4M	1.71	1.49	N/A	N/A	857,984	1,470,740	3,056,126	6,032,498
2022-02-04	$359.21	$375.00	25.9%	7.7%	28.6%	59.0%	28.5%	9.1%	0.6%	-2.23B	32.14B	-395.2M	1.25	1.41	N/A	N/A	1,062,657	1,323,691	3,222,280	6,211,987
2022-02-07	$355.36	$375.00	26.7%	7.8%	28.6%	62.6%	28.5%	9.2%	0.3%	-3.19B	39.66B	-386.8M	1.18	1.56	N/A	N/A	941,217	1,113,404	3,022,650	6,004,488
2022-02-08	$358.61	$374.00	25.1%	7.4%	29.0%	55.1%	28.3%	8.6%	0.4%	-2.57B	32.44B	-385.1M	1.39	1.36	N/A	N/A	735,029	1,018,793	3,066,127	6,084,632
2022-02-09	$365.91	$372.00	23.1%	6.9%	29.3%	45.5%	27.4%	8.0%	-0.4%	-927.2M	14.65B	-387.8M	1.63	1.44	N/A	N/A	934,593	1,527,107	3,179,569	6,267,649
2022-02-10	$357.33	$372.00	26.9%	8.0%	30.0%	63.4%	29.2%	8.7%	-0.4%	-3.53B	38.97B	-395.5M	1.77	1.73	N/A	N/A	977,876	1,730,402	3,184,844	6,399,108
2022-02-11	$347.03	$371.00	30.7%	9.0%	30.5%	81.9%	31.4%	10.9%	0.8%	-4.92B	67.14B	-394.3M	1.73	2.59	N/A	N/A	1,244,188	2,147,225	3,278,208	6,572,245
2022-02-14	$347.11	$370.00	31.1%	9.0%	30.4%	84.0%	32.9%	11.1%	0.3%	-4.01B	60.05B	-387.5M	1.80	1.93	N/A	N/A	923,994	1,661,431	3,157,466	6,414,970
2022-02-15	$354.99	$370.00	27.8%	8.0%	30.8%	67.9%	29.9%	10.3%	0.4%	-3.07B	41.04B	-390.5M	1.55	1.47	N/A	N/A	634,485	983,656	3,174,557	6,498,961
2022-02-16	$356.34	$370.00	26.4%	7.6%	30.8%	61.4%	28.5%	9.7%	-0.6%	-2.85B	37.41B	-386.3M	1.33	1.56	N/A	N/A	866,002	1,148,379	3,259,589	6,701,114
2022-02-17	$346.82	$369.00	29.4%	8.5%	31.8%	75.8%	30.0%	11.0%	-0.4%	-4.29B	60.47B	-385.7M	1.65	1.57	N/A	N/A	807,538	1,332,514	3,279,951	6,678,719
2022-02-18	$342.61	$365.00	30.0%	8.7%	30.7%	78.4%	31.0%	10.4%	-0.2%	-4.55B	69.80B	-383.9M	1.62	1.45	N/A	N/A	1,140,403	1,843,271	3,513,505	6,862,407
2022-02-22	$339.02	$363.00	31.4%	9.3%	30.7%	85.4%	32.2%	9.9%	0.0%	-4.05B	62.24B	-378.0M	1.39	1.33	N/A	N/A	1,142,595	1,585,313	2,879,657	6,224,650
2022-02-23	$330.08	$360.00	33.5%	9.9%	31.9%	95.2%	32.9%	9.9%	-0.9%	-4.16B	77.36B	-370.8M	1.42	1.57	N/A	N/A	1,236,290	1,760,881	3,015,975	6,307,882
2022-02-24	$339.46	$360.00	30.8%	9.2%	33.6%	82.3%	34.3%	10.5%	-1.1%	-3.23B	55.69B	-392.8M	1.75	1.46	N/A	N/A	1,251,843	2,185,202	3,143,216	6,339,172
2022-02-25	$345.09	$360.00	28.3%	8.4%	34.1%	70.1%	31.7%	9.8%	0.1%	-2.30B	39.25B	-401.3M	1.46	1.40	N/A	N/A	1,131,617	1,654,007	3,371,257	6,569,847
2022-02-28	$344.72	$360.00	30.3%	9.4%	33.6%	80.0%	34.5%	10.6%	0.1%	-2.50B	41.29B	-398.9M	1.50	1.35	N/A	N/A	988,293	1,483,659	3,211,715	6,441,963