QQQ Options History — October 2023

In October 2023, QQQ traded between $343.44 and $370.90. ATM implied volatility averaged 21.6%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 4.2% (HV 20d: 17.4%). Max pain ranged from $360.00 to $368.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.26.

Notable Days

  • 2023-10-26: Highest Volume — 5,099,163 contracts
  • 2023-10-13: Largest IV spike — 11.8% change
  • 2023-10-26: Highest IV Rank — 51.4%
  • 2023-10-26: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$359.43$343.44$370.90$360.08$350.63
Max Pain$364.45$360.00$368.00$368.00$360.00
ATM IV21.6%18.9%24.5%20.9%21.2%
Expected Move6.3%5.5%7.3%6.0%6.4%
HV 20d17.4%14.8%20.6%14.8%19.8%
HV 60d17.1%16.5%17.7%16.8%17.6%
IV Rank29.8%14.4%51.4%23.5%35.3%
IV Percentile47.3%28.2%69.8%44.0%48.0%
Term Structure-0.1%-0.6%0.1%-0.1%0.0%
VWIV22.3%19.9%25.5%21.2%22.7%
Skew 25d5.4%4.4%6.4%4.9%5.0%
Skew 10d10.6%8.8%12.5%9.3%9.8%
Call IV 25d18.8%16.7%21.6%18.3%18.7%
Put IV 25d24.2%21.3%27.3%23.2%23.7%
Bid-Ask Spread %1.120.921.461.460.99
Gamma HHI0.040.030.090.030.04
Net GEX-2.55B-7.15B1.13B-2.04B-2.64B
Net DEX12.18B-29.25B61.64B8.80B25.24B
Net VEX-496.0M-516.0M-461.4M-505.1M-461.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.891.511.411.22
Total Volume4,012,0623,133,6295,099,1633,658,8873,470,949
Total OI12,996,683.81812,198,45513,974,43412,198,45512,684,308

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$360.08$368.0020.9%6.0%14.8%23.5%21.2%4.9%-0.1%-2.04B8.80B-505.1M1.411.46N/AN/A1,520,8322,138,0554,320,9027,877,553
2023-10-03$354.06$367.0023.3%6.8%15.5%34.5%23.6%5.5%-0.3%-4.51B34.01B-516.0M1.171.23N/AN/A1,875,0932,186,0274,417,7878,032,676
2023-10-04$360.19$366.0021.7%6.1%16.8%26.8%21.4%5.3%-0.1%-1.75B7.00B-513.7M1.471.42N/AN/A1,584,4642,327,9684,521,2018,140,180
2023-10-05$359.22$365.0021.7%6.1%16.7%26.9%21.7%5.2%-0.2%-2.84B12.89B-514.2M1.171.02N/AN/A1,727,5142,012,7274,568,5868,276,213
2023-10-06$365.38$364.0020.3%5.8%18.0%20.5%21.4%4.5%-0.1%584.7M-15.24B-510.8M1.421.21N/AN/A2,106,3142,991,9944,648,0558,326,569
2023-10-09$366.15$364.0020.5%5.9%17.2%21.7%21.8%4.9%0.1%-44.2M-13.85B-506.1M1.271.10N/AN/A1,380,4631,753,1664,585,2338,350,287
2023-10-10$369.01$365.0019.6%5.6%17.1%17.5%20.7%4.4%0.1%1.13B-24.05B-498.5M1.361.20N/AN/A1,659,4022,264,0224,616,0348,421,345
2023-10-11$370.90$366.0018.9%5.5%17.2%14.4%19.9%4.5%0.1%863.3M-29.25B-495.6M1.361.15N/AN/A1,536,9722,084,2534,702,9168,574,109
2023-10-12$369.87$366.0018.9%5.5%16.8%14.4%20.1%4.7%0.1%-500.1M-21.50B-496.8M1.451.20N/AN/A1,763,9392,550,6114,782,7558,690,993
2023-10-13$364.74$367.0021.2%6.1%16.2%24.6%21.5%6.1%-0.1%-3.28B4.22B-512.3M1.331.25N/AN/A1,926,6792,558,0124,794,2358,814,298
2023-10-16$369.89$365.0019.6%5.6%17.0%18.1%21.2%5.4%-0.2%471.8M-21.08B-486.0M1.511.10N/AN/A1,386,1782,092,0054,711,8848,573,669
2023-10-17$367.43$365.0020.3%5.8%17.2%22.3%20.5%5.6%-0.4%-2.82B-7.56B-484.0M1.231.04N/AN/A1,687,4702,081,7444,686,3328,752,464
2023-10-18$362.40$365.0022.2%6.4%17.3%32.7%22.9%6.0%-0.5%-4.18B16.00B-498.4M1.191.27N/AN/A1,954,9632,323,3764,736,3758,800,958
2023-10-19$359.33$365.0022.8%6.6%16.3%36.4%23.1%6.4%-0.3%-4.86B26.75B-503.8M1.101.11N/AN/A2,047,4702,255,2814,871,1228,904,149
2023-10-20$354.88$365.0023.5%6.8%16.9%39.8%23.6%6.4%-0.6%-7.15B43.23B-501.4M1.081.03N/AN/A2,130,0702,298,5684,982,1558,992,279
2023-10-23$356.32$365.0022.7%6.7%17.0%36.7%23.5%5.9%-0.0%-2.85B23.78B-490.5M1.340.97N/AN/A1,747,2932,342,4154,430,6057,863,167
2023-10-24$359.48$364.0021.3%6.3%16.5%30.3%22.4%5.6%0.0%-1.59B10.55B-490.9M0.891.01N/AN/A1,772,9721,580,2904,526,7537,999,565
2023-10-25$350.26$364.0023.3%6.9%19.0%40.9%24.1%5.8%-0.1%-5.25B45.24B-487.3M1.110.98N/AN/A1,988,3552,216,5144,552,8438,058,665
2023-10-26$343.44$362.0024.5%7.3%19.7%51.4%25.5%5.7%-0.1%-5.61B61.64B-482.4M1.121.05N/AN/A2,404,3872,694,7764,656,8628,060,867
2023-10-27$344.25$360.0023.7%7.0%19.7%48.5%24.4%5.6%-0.0%-4.46B52.21B-485.5M1.280.92N/AN/A1,759,2862,249,0874,872,5448,103,356
2023-10-30$349.63$360.0022.2%6.7%20.6%39.4%23.4%5.2%0.0%-2.85B28.83B-470.9M1.290.94N/AN/A1,672,3222,161,0864,670,8387,973,357
2023-10-31$350.63$360.0021.2%6.4%19.8%35.3%22.7%5.0%0.0%-2.64B25.24B-461.4M1.220.99N/AN/A1,563,2591,907,6904,715,9617,968,347