QQQ Options History — March 2022

In March 2022, QQQ traded between $318.44 and $371.49. ATM implied volatility averaged 28.6%, placing in the 66.6% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 4.1% (HV 20d: 32.7%). Max pain ranged from $340.00 to $360.00. Net GEX was positive for 2 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.50.

Notable Days

  • 2022-03-30: Highest Volume — 3,127,005 contracts
  • 2022-03-16: Largest IV drop — 13.7% change
  • 2022-03-07: Highest IV Rank — 100.0%
  • 2022-03-07: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$344.74$318.44$371.49$340.03$364.36
Max Pain$353.43$340.00$360.00$360.00$360.00
ATM IV28.6%21.8%36.6%33.7%23.8%
Expected Move8.7%6.5%11.9%10.5%7.1%
HV 20d32.7%29.9%35.2%31.0%31.5%
HV 60d28.4%26.1%30.2%26.7%30.1%
IV Rank66.6%35.5%100.0%96.2%43.9%
IV Percentile87.2%67.1%100.0%99.2%77.4%
Term Structure-0.2%-1.2%0.8%0.0%-0.5%
VWIV32.0%26.1%40.8%36.8%27.2%
Skew 25d9.1%6.3%11.7%11.7%7.0%
Skew 10d16.5%12.5%20.3%20.3%13.3%
Call IV 25d24.5%18.8%30.8%28.1%21.0%
Put IV 25d33.5%25.2%41.8%39.8%28.0%
Bid-Ask Spread %1.621.162.381.731.29
Gamma HHI0.040.030.070.040.03
Net GEX-2.19B-4.47B556.1M-2.82B-2.05B
Net DEX32.32B-26.38B87.22B51.46B-2.26B
Net VEX-380.7M-413.0M-345.0M-404.9M-413.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.501.192.241.271.43
Total Volume2,306,351.871,577,8983,127,0051,577,8982,011,056
Total OI9,906,589.7398,651,11811,028,1539,645,33810,146,434

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$340.03$360.0033.7%10.5%31.0%96.2%36.8%11.7%0.0%-2.82B51.46B-404.9M1.271.73N/AN/A695,043882,8553,217,1436,428,195
2022-03-02$348.13$360.0029.8%9.0%32.1%77.5%35.2%10.8%-0.7%-1.71B32.61B-403.5M1.591.50N/AN/A814,3391,293,9793,326,7486,552,257
2022-03-03$340.72$360.0031.5%9.7%32.5%85.7%35.3%11.6%-0.9%-3.11B51.12B-398.9M1.301.51N/AN/A803,0501,043,8423,317,8236,559,179
2022-03-04$336.26$360.0032.9%10.3%29.9%92.2%36.0%11.5%0.4%-4.03B62.13B-392.3M1.561.59N/AN/A871,5001,362,3483,398,2366,694,208
2022-03-07$326.20$360.0036.6%11.9%30.8%100.0%40.8%11.4%-0.1%-3.89B78.09B-369.0M1.461.39N/AN/A904,2091,320,3883,232,7956,520,959
2022-03-08$324.37$360.0036.5%11.8%30.7%99.7%40.7%11.0%0.1%-3.85B79.66B-369.4M1.441.79N/AN/A1,083,5131,558,1083,331,9226,590,419
2022-03-09$335.73$358.0032.8%10.4%33.4%83.4%38.3%11.1%-0.8%-2.78B54.16B-384.8M1.832.38N/AN/A772,5841,416,9833,512,8756,734,190
2022-03-10$331.06$356.0032.6%10.3%32.4%82.7%37.0%10.3%-1.1%-3.79B66.32B-375.3M1.392.32N/AN/A728,3751,009,5743,471,9176,743,952
2022-03-11$325.43$355.0032.8%10.7%32.0%83.3%36.7%9.3%0.3%-4.47B78.36B-362.7M1.192.21N/AN/A899,7331,072,0903,610,9636,810,016
2022-03-14$318.44$341.0035.2%9.7%31.3%94.0%30.5%9.1%0.1%-4.26B87.22B-345.0M1.731.41N/AN/A965,7621,666,7243,533,7016,611,257
2022-03-15$327.75$340.0032.8%9.1%33.4%83.5%37.7%9.6%-1.2%-3.29B66.02B-363.4M1.681.46N/AN/A740,3021,243,9343,600,9056,589,646
2022-03-16$337.83$343.0028.3%8.2%34.3%63.9%30.6%8.9%-1.0%-2.01B42.03B-371.7M1.652.32N/AN/A1,146,8411,889,7793,777,8486,849,336
2022-03-17$343.93$342.0025.5%7.6%35.0%51.5%27.5%8.5%-0.9%-1.48B28.16B-374.3M1.461.68N/AN/A895,5241,305,5353,790,9536,865,866
2022-03-18$351.15$345.0023.8%7.2%34.6%44.0%27.4%7.3%0.1%-1.69B7.68B-371.9M1.211.85N/AN/A1,336,0821,619,2333,858,1307,170,023
2022-03-21$348.23$345.0025.7%7.6%34.4%52.5%28.6%8.5%0.2%-1.52B15.05B-377.4M1.361.62N/AN/A1,192,7941,622,2072,885,9385,765,180
2022-03-22$357.14$346.0024.0%7.2%35.2%44.9%27.6%7.3%0.5%-363.7M-3.44B-376.2M1.551.57N/AN/A839,6491,300,1072,919,5745,920,127
2022-03-23$353.63$349.0025.1%7.4%33.8%50.1%26.3%8.0%-0.5%-1.74B7.01B-385.5M1.421.45N/AN/A969,8311,375,3603,037,6616,272,464
2022-03-24$358.54$355.0023.9%7.1%32.8%44.4%28.2%7.4%-0.5%-449.4M-4.46B-387.0M1.431.16N/AN/A777,8621,108,7283,060,9056,307,962
2022-03-25$357.83$356.0023.3%7.1%32.4%41.9%27.3%7.3%0.4%-531.3M-2.51B-386.5M1.341.23N/AN/A1,055,2811,415,6743,153,0716,526,502
2022-03-28$364.15$358.0022.8%6.9%32.8%39.9%26.7%7.3%0.8%95.3M-13.51B-377.4M1.331.25N/AN/A1,042,7691,390,0783,067,6136,376,048
2022-03-29$371.49$360.0021.8%6.5%32.8%35.5%26.9%6.3%0.8%556.1M-26.38B-372.9M1.601.36N/AN/A951,1381,524,3253,094,4226,481,807
2022-03-30$366.54$360.0023.2%6.9%32.6%41.5%26.1%7.0%-0.4%-1.14B-11.04B-392.6M2.241.27N/AN/A964,7582,162,2473,217,5356,916,859
2022-03-31$364.36$360.0023.8%7.1%31.5%43.9%27.2%7.0%-0.5%-2.05B-2.26B-413.0M1.431.29N/AN/A827,1951,183,8613,203,9956,942,439