QQQ Options History — June 2023

In June 2023, QQQ traded between $348.45 and $370.93. ATM implied volatility averaged 17.9%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 0.8% (HV 20d: 17.1%). Max pain ranged from $317.00 to $355.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.36.

Notable Days

  • 2023-06-15: Highest Volume — 3,780,139 contracts
  • 2023-06-12: Largest IV spike — 7.7% change
  • 2023-06-26: Highest IV Rank — 8.5%
  • 2023-06-01: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$360.85$348.45$370.93$351.62$369.92
Max Pain$345.86$317.00$355.00$317.00$355.00
ATM IV17.9%16.9%18.7%18.6%17.8%
Expected Move5.1%4.6%5.6%5.6%4.6%
HV 20d17.1%15.6%18.8%17.1%17.0%
HV 60d16.7%16.2%17.7%17.7%16.7%
IV Rank4.8%0.0%8.5%6.2%4.3%
IV Percentile5.2%0.0%11.5%4.8%5.6%
Term Structure0.3%-0.2%1.3%-0.1%0.0%
VWIV18.6%17.1%20.4%20.4%17.1%
Skew 25d2.7%2.0%3.4%3.4%2.2%
Skew 10d6.1%4.4%7.4%7.4%5.4%
Call IV 25d16.9%15.8%18.0%17.3%17.0%
Put IV 25d19.7%18.6%20.9%20.7%19.2%
Bid-Ask Spread %1.411.071.651.541.35
Gamma HHI0.040.020.080.040.08
Net GEX611.8M-2.69B3.18B1.55B3.18B
Net DEX-73.32B-122.65B-28.70B-76.85B-72.13B
Net VEX-414.6M-434.8M-386.7M-421.3M-408.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.361.091.901.171.38
Total Volume2,831,116.4291,794,6893,780,1392,742,9512,856,059
Total OI14,391,966.38112,519,86716,862,70214,387,85813,474,198

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$351.62$317.0018.6%5.6%17.1%6.2%20.4%3.4%-0.1%1.55B-76.85B-421.3M1.171.54N/AN/A1,262,6481,480,3034,728,8269,659,032
2023-06-02$354.69$318.0017.8%5.3%16.7%2.4%19.6%2.7%-0.1%2.27B-87.18B-406.6M1.271.33N/AN/A1,162,0691,481,4244,799,6709,837,672
2023-06-05$355.01$338.0017.8%5.2%15.6%2.6%19.1%2.9%0.2%1.17B-83.11B-406.4M1.341.56N/AN/A1,274,1391,711,9434,754,4569,720,518
2023-06-06$354.82$340.0016.9%4.9%15.7%0.0%18.5%2.8%0.2%432.5M-81.54B-407.1M1.311.23N/AN/A999,2281,309,4724,899,5739,937,221
2023-06-07$348.45$340.0017.6%5.1%17.2%3.4%18.5%2.9%0.2%-1.28B-57.33B-426.4M1.391.46N/AN/A954,4241,325,9284,958,89210,007,992
2023-06-08$353.03$340.0017.0%4.9%17.2%0.6%18.2%3.1%0.2%1.03B-76.02B-426.3M1.811.52N/AN/A638,7141,155,9755,127,75710,197,990
2023-06-09$354.65$341.0017.2%4.9%17.2%1.5%18.4%2.7%0.0%2.27B-82.22B-421.4M1.441.32N/AN/A884,1281,269,1575,182,89510,436,401
2023-06-12$359.95$343.0018.5%5.2%17.3%7.6%19.4%3.1%-0.2%1.78B-94.04B-413.1M1.471.45N/AN/A1,043,8481,537,2795,094,29210,308,486
2023-06-13$362.86$345.0018.2%5.2%17.3%6.0%19.1%2.9%-0.2%2.22B-103.88B-386.7M1.381.07N/AN/A1,444,6892,000,3515,183,91610,569,881
2023-06-14$364.63$349.0017.8%5.1%17.3%4.1%19.0%2.6%-0.1%1.72B-107.54B-398.1M1.901.65N/AN/A1,225,2922,326,7025,308,71710,847,973
2023-06-15$370.93$350.0018.6%5.3%17.8%8.1%19.7%2.1%-0.1%2.22B-122.65B-396.3M1.341.55N/AN/A1,613,2362,166,9035,422,80811,077,358
2023-06-16$368.83$350.0018.1%5.2%17.6%5.6%18.7%2.0%0.1%197.1M-113.80B-411.8M1.341.44N/AN/A1,328,9561,778,1535,520,97411,341,728
2023-06-20$367.28$353.0018.3%5.2%17.8%6.7%19.3%2.3%1.1%-233.1M-55.10B-419.8M1.391.42N/AN/A1,169,9231,628,9503,961,8658,558,002
2023-06-21$362.50$354.0017.7%5.1%18.8%4.0%18.2%2.4%1.2%-1.83B-40.94B-433.3M1.251.49N/AN/A1,454,9171,819,8474,093,0588,641,384
2023-06-22$365.70$355.0017.3%4.9%18.1%2.0%17.7%2.3%1.3%840.9M-57.55B-409.0M1.131.33N/AN/A1,336,4611,515,6304,141,5188,732,407
2023-06-23$363.12$355.0017.8%5.0%18.2%4.5%18.1%2.8%1.3%-1.64B-45.52B-426.6M1.401.38N/AN/A1,134,2711,592,4374,191,7568,913,085
2023-06-26$358.65$355.0018.7%5.1%17.2%8.5%18.1%3.3%0.1%-2.69B-28.70B-434.8M1.091.46N/AN/A1,510,5301,647,9234,125,6848,771,224
2023-06-27$364.31$355.0018.4%5.0%16.1%7.5%18.0%3.0%0.0%457.7M-52.95B-421.5M1.221.35N/AN/A1,349,2401,650,6624,212,0318,899,697
2023-06-28$363.88$355.0018.4%4.9%16.1%7.5%17.5%2.9%-0.0%-265.4M-53.22B-410.1M1.241.38N/AN/A1,314,0101,631,9764,272,1538,999,871
2023-06-29$363.06$355.0018.4%4.9%16.0%7.4%17.7%2.8%-0.0%-540.3M-47.47B-421.8M1.181.29N/AN/A1,129,0901,336,5584,302,5349,015,799
2023-06-30$369.92$355.0017.8%4.6%17.0%4.3%17.1%2.2%0.0%3.18B-72.13B-408.8M1.381.35N/AN/A1,199,5521,656,5074,319,3709,154,828