QQQ Options History — August 2023

In August 2023, QQQ traded between $358.31 and $382.99. ATM implied volatility averaged 19.4%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 2.5% (HV 20d: 16.9%). Max pain ranged from $353.00 to $374.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 1.27.

Notable Days

  • 2023-08-25: Highest Volume — 4,491,466 contracts
  • 2023-08-02: Largest IV spike — 13.2% change
  • 2023-08-17: Highest IV Rank — 20.3%
  • 2023-08-17: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$369.15$358.31$382.99$382.99$379.19
Max Pain$360.48$353.00$374.00$374.00$360.00
ATM IV19.4%17.0%21.1%17.8%17.0%
Expected Move5.5%4.7%6.0%4.9%4.7%
HV 20d16.9%14.6%19.3%16.0%17.8%
HV 60d16.9%16.1%17.3%16.5%17.3%
IV Rank12.1%0.8%20.3%4.2%0.8%
IV Percentile22.6%0.8%34.5%6.0%0.8%
Term Structure0.1%-0.4%0.4%-0.3%0.3%
VWIV19.8%16.9%21.8%17.4%16.9%
Skew 25d4.4%3.0%5.2%3.0%3.5%
Skew 10d9.0%5.9%10.6%5.9%7.5%
Call IV 25d17.2%15.4%18.5%16.5%15.4%
Put IV 25d21.7%19.0%23.2%19.5%19.0%
Bid-Ask Spread %1.201.001.651.321.31
Gamma HHI0.030.020.040.030.03
Net GEX-2.41B-5.78B1.80B225.0M1.78B
Net DEX-19.51B-70.60B21.28B-59.66B-70.60B
Net VEX-519.3M-537.9M-465.3M-465.3M-488.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.271.091.631.251.21
Total Volume3,583,513.3482,599,0404,491,4662,599,0402,989,747
Total OI14,384,182.21713,414,38015,248,01313,414,38014,980,014

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$382.99$374.0017.8%4.9%16.0%4.2%17.4%3.0%-0.3%225.0M-59.66B-465.3M1.251.32N/AN/A1,153,0741,445,9664,275,5259,138,855
2023-08-02$374.44$374.0020.1%5.7%18.2%15.4%20.1%4.2%-0.4%-2.92B-23.58B-516.1M1.221.65N/AN/A2,013,7642,450,4664,330,9419,297,031
2023-08-03$373.90$353.0020.1%5.7%17.8%15.4%20.9%4.6%-0.4%-2.57B-24.92B-526.6M1.191.00N/AN/A1,297,8211,546,2884,533,7619,538,533
2023-08-04$371.94$355.0019.9%5.7%18.0%14.3%21.3%4.6%-0.3%-4.06B-15.78B-537.8M1.271.19N/AN/A1,659,7342,103,3504,603,5159,672,589
2023-08-07$374.47$357.0019.1%5.5%18.0%10.8%21.8%4.5%0.2%-1.77B-30.00B-516.0M1.631.13N/AN/A1,081,0761,761,8774,449,9829,489,763
2023-08-08$372.18$359.0019.4%5.6%18.1%11.9%21.1%4.8%0.2%-3.60B-19.68B-526.3M1.151.06N/AN/A1,463,8271,680,7704,509,7749,707,322
2023-08-09$368.83$359.0019.7%5.7%17.7%13.4%20.3%4.9%0.1%-4.04B-8.53B-528.6M1.111.06N/AN/A1,746,2601,940,8314,583,9619,801,821
2023-08-10$368.04$360.0019.5%5.6%16.2%12.6%19.8%4.9%0.1%-3.88B-7.66B-529.7M1.091.13N/AN/A1,988,6662,175,3324,730,1809,873,529
2023-08-11$366.25$360.0019.0%5.5%16.2%10.3%19.3%4.5%0.2%-4.75B-1.46B-527.1M1.201.12N/AN/A1,655,9541,987,0654,798,9869,915,713
2023-08-14$369.93$360.0018.6%5.4%16.1%8.4%19.5%4.5%0.3%-1.46B-22.33B-513.6M1.311.21N/AN/A1,286,9311,685,9034,765,2089,858,620
2023-08-15$366.00$360.0019.8%5.7%15.9%13.7%19.9%4.6%0.3%-4.12B-3.01B-526.0M1.281.21N/AN/A1,434,4101,839,3894,823,1899,984,041
2023-08-16$363.27$360.0020.0%5.7%15.9%14.8%19.8%4.5%0.4%-4.94B6.13B-529.9M1.221.12N/AN/A1,774,6512,161,9684,929,50910,064,286
2023-08-17$358.31$360.0021.1%6.0%14.6%20.3%20.7%4.7%0.3%-5.78B21.28B-536.7M1.101.05N/AN/A1,931,7652,122,5455,038,10810,105,180
2023-08-18$359.02$360.0020.4%5.8%14.7%16.7%20.7%4.4%0.4%-4.79B13.60B-537.9M1.491.07N/AN/A1,684,6162,505,3935,129,50010,118,513
2023-08-21$364.28$360.0020.2%5.7%15.9%15.8%20.9%5.2%0.1%-1.71B-13.63B-525.3M1.431.13N/AN/A1,462,1462,096,9674,427,8809,111,491
2023-08-22$362.89$360.0020.5%5.8%15.4%17.6%20.1%4.8%-0.0%-2.81B-6.64B-531.3M1.161.15N/AN/A1,470,9371,703,7514,527,3349,342,517
2023-08-23$369.67$360.0019.7%5.5%17.0%13.3%20.1%4.7%0.1%-152.9M-33.34B-518.2M1.521.31N/AN/A1,285,5071,950,5884,600,9509,425,367
2023-08-24$361.73$360.0020.9%5.9%18.5%19.1%20.7%4.6%0.0%-4.43B5.01B-537.4M1.251.19N/AN/A1,938,3112,417,6014,681,3849,710,506
2023-08-25$364.71$360.0019.3%5.3%17.0%11.5%19.5%4.3%0.2%-1.98B-12.63B-527.6M1.191.40N/AN/A2,054,9032,436,5634,790,1749,819,934
2023-08-28$366.66$360.0018.9%5.2%17.2%9.8%19.0%4.4%0.2%-615.9M-23.14B-511.6M1.281.30N/AN/A1,400,3461,796,8324,728,3049,530,273
2023-08-29$375.03$360.0017.9%5.0%19.3%5.0%18.1%3.9%0.2%1.18B-56.11B-495.4M1.461.27N/AN/A1,694,0332,473,5804,723,7509,623,773
2023-08-30$376.69$360.0017.3%4.7%17.7%2.1%17.0%3.7%0.3%1.80B-61.99B-492.4M1.301.29N/AN/A1,594,4602,074,8434,868,3529,876,253
2023-08-31$379.19$360.0017.0%4.7%17.8%0.8%16.9%3.5%0.3%1.78B-70.60B-488.1M1.211.31N/AN/A1,355,6341,634,1134,968,91810,011,096