QQQ Options History — April 2022

In April 2022, QQQ traded between $314.83 and $368.51. ATM implied volatility averaged 28.2%, placing in the 63.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 0.8% (HV 20d: 29.1%). Max pain ranged from $345.00 to $360.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 1.44.

Notable Days

2022-04-25: Highest Volume — 3,261,846 contracts
2022-04-11: Largest IV spike — 14.7% change
2022-04-29: Highest IV Rank — 98.1%
2022-04-29: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$340.47	$314.83	$368.51	$359.38	$314.83
Max Pain	$354.25	$345.00	$360.00	$360.00	$345.00
ATM IV	28.2%	21.4%	36.1%	22.9%	36.1%
Expected Move	8.3%	6.4%	11.0%	7.0%	11.0%
HV 20d	29.1%	26.6%	33.1%	31.5%	33.1%
HV 60d	30.9%	29.8%	32.6%	29.8%	32.6%
IV Rank	63.6%	33.6%	98.1%	40.1%	98.1%
IV Percentile	86.3%	62.3%	99.2%	72.2%	99.2%
Term Structure	-0.2%	-1.5%	0.7%	0.7%	-1.5%
VWIV	29.8%	25.1%	37.8%	26.1%	37.8%
Skew 25d	9.2%	6.5%	12.4%	6.7%	11.5%
Skew 10d	16.2%	12.2%	21.3%	12.5%	19.9%
Call IV 25d	23.9%	18.9%	30.7%	19.9%	30.7%
Put IV 25d	33.1%	25.4%	42.2%	26.6%	42.2%
Bid-Ask Spread %	1.51	1.20	1.75	1.33	1.63
Gamma HHI	0.05	0.03	0.10	0.05	0.05
Net GEX	-3.34B	-4.76B	-662.0M	-3.37B	-3.83B
Net DEX	45.79B	-12.07B	82.28B	11.23B	82.28B
Net VEX	-401.7M	-420.8M	-382.0M	-409.5M	-388.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.44	1.04	1.91	1.43	1.58
Total Volume	2,603,302.5	1,637,401	3,261,846	2,321,651	2,977,938
Total OI	9,897,839	8,992,768	10,771,430	9,769,325	10,771,430

Daily Data (20 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
2022-04-01	$359.38	$360.00	22.9%	7.0%	31.5%	40.1%	26.1%	6.7%	0.7%	-3.37B	11.23B	-409.5M	1.43	1.33	N/A	N/A	955,875	1,365,776	3,085,698	6,683,627
2022-04-04	$368.51	$360.00	21.4%	6.4%	29.8%	33.6%	25.1%	6.5%	0.4%	-662.0M	-12.07B	-391.5M	1.54	1.20	N/A	N/A	868,908	1,334,604	2,977,809	6,474,906
2022-04-05	$360.75	$360.00	24.2%	7.1%	31.1%	45.8%	26.2%	7.4%	0.3%	-2.63B	11.47B	-415.3M	1.82	1.56	N/A	N/A	801,063	1,456,975	2,978,136	6,655,981
2022-04-06	$353.93	$360.00	26.3%	7.5%	30.2%	54.9%	27.8%	8.5%	-0.6%	-4.24B	31.74B	-420.8M	1.56	1.67	N/A	N/A	1,253,441	1,953,814	3,100,293	6,934,464
2022-04-07	$355.72	$360.00	25.1%	7.3%	29.6%	49.7%	26.5%	8.0%	-0.6%	-3.14B	22.65B	-420.2M	1.24	1.43	N/A	N/A	979,779	1,217,301	3,141,591	6,988,414
2022-04-08	$350.17	$360.00	24.9%	7.3%	29.4%	48.8%	26.0%	7.8%	0.4%	-4.47B	37.63B	-414.1M	1.14	1.31	N/A	N/A	1,117,032	1,273,709	3,276,813	7,088,367
2022-04-11	$341.08	$360.00	28.5%	8.2%	30.0%	64.7%	31.5%	9.1%	0.5%	-4.37B	56.00B	-399.1M	1.91	1.50	N/A	N/A	976,328	1,868,367	3,195,525	6,814,165
2022-04-12	$339.29	$360.00	28.8%	8.2%	28.6%	66.1%	29.1%	8.9%	0.5%	-4.40B	58.48B	-401.2M	1.39	1.39	N/A	N/A	988,510	1,375,013	3,214,763	6,926,312
2022-04-13	$347.22	$360.00	25.1%	7.2%	27.7%	50.0%	26.6%	8.2%	-0.9%	-2.87B	34.02B	-404.8M	1.37	1.71	N/A	N/A	1,073,737	1,473,934	3,422,138	7,112,978
2022-04-14	$339.21	$355.00	26.7%	7.7%	28.3%	56.7%	26.6%	8.6%	-0.9%	-4.76B	57.00B	-399.3M	1.34	1.50	N/A	N/A	1,181,368	1,583,954	3,451,307	7,055,990
2022-04-18	$337.32	$352.00	28.1%	8.1%	27.2%	62.9%	27.8%	8.7%	0.2%	-3.65B	51.40B	-398.9M	1.46	1.27	N/A	N/A	883,119	1,287,896	2,929,280	6,063,488
2022-04-19	$345.58	$351.00	25.5%	7.4%	28.6%	51.8%	26.6%	8.2%	0.2%	-2.15B	31.49B	-405.9M	1.32	1.44	N/A	N/A	704,800	932,601	2,976,347	6,132,248
2022-04-20	$342.13	$351.00	26.5%	7.6%	27.1%	55.9%	28.5%	8.7%	-0.7%	-3.07B	40.08B	-404.2M	1.40	1.38	N/A	N/A	957,315	1,337,188	3,086,127	6,311,195
2022-04-21	$334.11	$351.00	29.0%	8.4%	28.1%	66.8%	29.9%	9.7%	-0.8%	-3.86B	58.70B	-399.4M	1.54	1.61	N/A	N/A	1,001,594	1,546,649	3,091,364	6,293,567
2022-04-22	$327.33	$350.00	31.2%	9.1%	28.0%	76.6%	31.7%	9.9%	0.2%	-4.21B	74.11B	-392.7M	1.45	1.75	N/A	N/A	1,244,492	1,798,240	3,226,999	6,462,418
2022-04-25	$328.59	$350.00	31.7%	9.4%	28.2%	78.7%	32.9%	11.0%	0.1%	-3.43B	62.83B	-393.2M	1.21	1.66	N/A	N/A	1,473,091	1,788,755	3,157,668	6,281,208
2022-04-26	$318.68	$350.00	36.0%	10.8%	28.4%	97.5%	36.6%	12.0%	-0.3%	-3.16B	77.19B	-382.0M	1.04	1.62	N/A	N/A	1,534,217	1,601,778	3,412,745	6,317,027
2022-04-27	$317.30	$345.00	35.4%	10.6%	26.6%	95.0%	37.0%	12.4%	-0.5%	-2.93B	78.47B	-383.6M	1.45	1.73	N/A	N/A	1,248,972	1,810,413	4,014,226	6,480,799
2022-04-28	$328.33	$345.00	31.8%	9.5%	30.4%	79.1%	35.5%	11.6%	-1.3%	-1.71B	51.03B	-409.2M	1.63	1.49	N/A	N/A	1,077,808	1,759,696	3,913,068	6,456,299
2022-04-29	$314.83	$345.00	36.1%	11.0%	33.1%	98.1%	37.8%	11.5%	-1.5%	-3.83B	82.28B	-388.5M	1.58	1.63	N/A	N/A	1,154,921	1,823,017	4,030,866	6,740,564