QQQ Options History — May 2022

In May 2022, QQQ traded between $286.67 and $329.08. ATM implied volatility averaged 34.9%, placing in the 83.2% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 6.0% (HV 20d: 41.0%). Max pain ranged from $325.00 to $350.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.11.

Notable Days

  • 2022-05-11: Highest Volume — 3,580,287 contracts
  • 2022-05-18: Largest IV spike — 15.4% change
  • 2022-05-04: Highest IV Rank — 100.0%
  • 2022-05-04: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$301.23$286.67$329.08$316.48$309.67
Max Pain$336.81$325.00$350.00$345.00$325.00
ATM IV34.9%29.6%40.1%35.2%30.6%
Expected Move10.3%8.8%12.7%11.1%9.2%
HV 20d41.0%31.4%45.3%33.3%43.3%
HV 60d34.8%31.5%36.6%31.7%36.3%
IV Rank83.2%60.4%100.0%94.2%64.1%
IV Percentile93.9%80.2%100.0%98.0%82.1%
Term Structure-0.3%-1.5%0.4%0.2%0.1%
VWIV35.7%32.1%42.7%39.5%33.3%
Skew 25d9.1%7.0%10.6%10.3%7.5%
Skew 10d15.9%12.8%18.4%18.4%13.7%
Call IV 25d30.3%26.2%35.4%29.8%27.3%
Put IV 25d39.4%33.2%44.9%40.1%34.8%
Bid-Ask Spread %1.620.972.431.521.17
Gamma HHI0.050.030.070.050.04
Net GEX-2.03B-3.46B52.3M-2.68B-278.9M
Net DEX73.71B30.51B100.36B70.61B31.94B
Net VEX-378.4M-411.6M-350.3M-390.3M-404.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.661.331.291.09
Total Volume2,715,168.7141,888,2403,580,2872,997,2622,413,279
Total OI11,391,483.23810,226,00812,462,17310,226,00811,500,776

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$316.48$345.0035.2%11.1%33.3%94.2%39.5%10.3%0.2%-2.68B70.61B-390.3M1.291.52N/AN/A1,309,7171,687,5453,715,4306,510,578
2022-05-03$317.58$344.0033.8%10.6%31.4%87.8%36.6%9.5%0.1%-2.35B65.00B-391.9M1.281.42N/AN/A826,7521,061,4883,866,7536,566,808
2022-05-04$329.08$342.0038.5%12.7%34.4%100.0%42.7%10.6%0.0%-1.44B46.09B-402.3M0.662.16N/AN/A1,306,065863,3974,011,8546,674,995
2022-05-05$311.96$350.0035.9%10.1%38.3%89.5%34.7%9.4%-0.6%-2.59B75.27B-386.9M1.142.38N/AN/A1,389,6231,589,7824,062,3476,644,099
2022-05-06$308.90$350.0034.3%9.9%38.0%83.0%34.6%9.7%-0.0%-3.46B82.66B-377.2M1.132.43N/AN/A1,650,1951,872,8664,338,5706,818,625
2022-05-09$297.35$348.0038.8%11.1%39.5%100.0%38.0%10.4%-0.2%-2.91B95.44B-352.2M1.131.84N/AN/A1,636,6411,845,7514,209,0746,674,063
2022-05-10$300.55$345.0038.3%10.9%39.4%98.1%36.8%10.3%-0.6%-2.39B84.96B-379.0M1.071.54N/AN/A1,282,5611,370,4514,507,2096,756,407
2022-05-11$291.85$345.0039.0%11.1%40.3%100.0%36.8%9.3%-0.4%-2.84B100.36B-359.0M0.991.51N/AN/A1,795,6561,784,6314,763,8446,927,739
2022-05-12$288.95$340.0040.1%11.5%38.6%100.0%40.4%9.5%-0.6%-2.55B99.30B-360.6M1.111.80N/AN/A1,487,1771,655,4344,943,2956,868,032
2022-05-13$301.96$338.0035.2%10.1%42.5%81.7%36.1%9.2%-0.3%-1.26B71.12B-399.5M1.181.80N/AN/A1,262,6941,485,4015,318,3287,013,272
2022-05-16$298.24$338.0034.9%10.1%42.6%80.6%35.0%9.0%0.4%-2.40B81.79B-375.9M1.071.35N/AN/A1,099,9341,172,4764,737,1416,947,958
2022-05-17$305.32$335.0031.7%9.1%42.5%68.3%32.6%8.3%0.3%-1.65B64.80B-388.2M1.091.63N/AN/A973,5731,063,0214,818,6496,873,256
2022-05-18$291.02$335.0036.6%10.5%45.1%86.8%36.5%9.3%-0.9%-2.65B94.06B-363.1M1.141.73N/AN/A1,515,9271,726,4675,007,8087,049,243
2022-05-19$290.99$332.0033.9%9.8%44.7%76.8%33.3%9.5%-1.3%-2.47B91.09B-360.9M1.091.87N/AN/A1,201,4801,305,3145,131,2137,050,669
2022-05-20$286.67$330.0034.2%10.0%44.6%77.7%33.9%9.7%-1.5%-2.73B97.75B-350.3M1.161.83N/AN/A1,540,6881,780,9735,330,6327,131,541
2022-05-23$291.92$329.0033.5%10.0%45.3%75.0%34.3%8.6%0.2%-1.59B69.76B-363.8M1.131.26N/AN/A1,123,9101,264,6854,388,4486,427,295
2022-05-24$288.07$327.0034.4%10.2%44.5%78.8%36.2%8.3%0.2%-2.10B76.56B-356.6M1.331.29N/AN/A1,051,3771,401,2584,410,5236,528,801
2022-05-25$291.18$325.0033.9%10.0%44.8%76.5%34.4%8.1%-0.8%-1.53B68.83B-375.9M1.011.25N/AN/A1,224,0551,233,6314,627,7366,785,914
2022-05-26$299.89$325.0031.4%9.3%44.3%67.4%32.9%7.3%-0.7%-725.5M50.00B-395.6M1.071.30N/AN/A1,088,1681,168,6064,673,3906,741,801
2022-05-27$308.20$325.0029.6%8.8%43.3%60.4%32.1%7.0%0.4%52.3M30.51B-411.6M1.170.97N/AN/A1,154,0391,351,8554,841,1867,025,846
2022-05-31$309.67$325.0030.6%9.2%43.3%64.1%33.3%7.5%0.1%-278.9M31.94B-404.5M1.091.17N/AN/A1,153,5481,259,7314,662,1646,838,612