QQQ Options History — April 2024

In April 2024, QQQ traded between $413.57 and $446.19. ATM implied volatility averaged 19.0%, placing in the 47.8% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 4.0% (HV 20d: 15.0%). Max pain ranged from $429.00 to $440.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.22.

Notable Days

  • 2024-04-19: Highest Volume — 5,334,290 contracts
  • 2024-04-12: Largest IV spike — 11.5% change
  • 2024-04-19: Highest IV Rank — 74.8%
  • 2024-04-19: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$432.82$413.57$446.19$444.56$427.50
Max Pain$435.13$429.00$440.00$437.00$429.78
ATM IV19.0%16.5%21.9%16.5%19.1%
Expected Move5.4%4.5%6.2%4.5%5.7%
HV 20d15.0%10.5%19.5%15.0%19.5%
HV 60d17.0%16.1%18.0%16.2%17.5%
IV Rank47.8%24.6%74.8%24.6%49.4%
IV Percentile67.8%29.0%95.2%29.0%75.4%
Term Structure-0.1%-0.6%0.3%-0.0%-0.1%
VWIV19.4%16.6%22.0%16.6%19.9%
Skew 25d3.6%2.8%5.0%2.8%3.2%
Skew 10d7.6%6.1%10.0%6.1%6.3%
Call IV 25d17.1%15.4%19.9%15.4%17.3%
Put IV 25d20.8%18.2%24.0%18.2%20.5%
Bid-Ask Spread %1.290.962.051.070.96
Gamma HHI0.030.020.090.030.03
Net GEX-2.35B-9.92B3.28B-658.6M-2.09B
Net DEX-10.19B-46.83B52.26B-34.29B-9.37B
Net VEX-441.2M-455.7M-420.2M-420.2M-435.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.981.621.061.19
Total Volume3,696,817.5452,554,3755,334,2903,163,7972,554,375
Total OI10,311,517.2739,480,65111,121,7509,480,65110,318,900

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$444.56$437.0016.5%4.5%15.0%24.6%16.6%2.8%-0.0%-658.6M-34.29B-420.2M1.061.07N/AN/A1,538,4271,625,3703,328,9336,151,718
2024-04-02$440.99$438.0017.1%4.7%15.3%29.8%17.1%3.1%0.0%-3.04B-20.98B-429.4M1.101.17N/AN/A1,544,1691,694,4323,376,5736,291,675
2024-04-03$442.01$436.0017.0%4.6%13.0%29.5%17.9%3.1%-0.0%-251.8M-29.01B-430.9M1.621.18N/AN/A1,332,8402,161,4113,486,1106,457,342
2024-04-04$436.23$435.0018.8%5.4%13.5%46.3%18.6%3.8%-0.3%-4.90B-4.98B-447.2M1.472.05N/AN/A1,908,1642,796,8513,521,4136,604,862
2024-04-05$440.44$439.7818.2%5.2%12.6%40.6%18.5%3.8%-0.1%-696.7M-23.66B-440.9M1.611.35N/AN/A1,643,5852,650,4193,620,5916,709,433
2024-04-08$440.80$439.7817.7%5.1%11.5%36.2%18.5%3.7%0.2%-1.40B-25.03B-427.7M1.241.27N/AN/A1,194,4921,485,9263,562,6236,631,667
2024-04-09$440.87$439.7817.9%5.1%11.4%37.3%18.3%3.8%0.1%-1.17B-24.83B-436.3M1.201.31N/AN/A1,564,6491,870,2123,599,7756,636,902
2024-04-10$438.50$439.7818.0%5.1%10.5%38.9%18.9%3.8%-0.2%-2.89B-18.02B-435.8M1.141.26N/AN/A1,712,8821,948,9583,679,0596,748,608
2024-04-11$446.19$439.7817.4%5.0%11.9%32.7%18.0%3.7%0.2%3.28B-46.83B-424.4M1.431.24N/AN/A1,645,1602,344,8443,766,5206,777,150
2024-04-12$438.42$440.0019.4%5.5%13.4%51.5%20.0%4.4%-0.3%-3.81B-13.75B-447.4M1.071.47N/AN/A1,884,4342,018,0323,804,2626,940,511
2024-04-15$430.99$439.7821.2%6.1%14.5%68.9%21.7%5.0%-0.1%-4.68B7.22B-455.7M1.051.50N/AN/A2,181,1072,297,0043,815,0666,587,088
2024-04-16$432.13$439.7820.4%5.8%13.9%61.1%20.2%4.5%-0.1%-3.65B277.8M-449.0M0.981.51N/AN/A1,741,8421,704,9293,979,6466,784,439
2024-04-17$426.57$435.0020.8%6.0%14.6%64.6%20.0%4.2%-0.1%-6.82B17.17B-446.1M1.011.50N/AN/A2,375,0092,408,3754,044,7746,804,243
2024-04-18$424.02$435.0020.5%5.9%13.9%62.5%21.8%3.8%0.3%-6.56B16.97B-449.0M1.041.29N/AN/A1,911,1241,995,7914,247,0436,740,771
2024-04-19$413.57$430.0021.9%6.2%15.6%74.8%22.0%4.1%0.3%-9.92B52.26B-452.1M1.201.74N/AN/A2,429,6042,904,6864,360,4126,761,338
2024-04-22$419.07$430.0020.5%5.8%16.7%62.1%20.6%3.5%-0.5%-2.01B10.41B-443.8M1.081.04N/AN/A1,931,6182,095,0773,802,9015,905,842
2024-04-23$425.38$430.0019.3%5.4%17.9%50.8%19.6%3.2%-0.5%-18.9M-11.14B-448.8M1.391.02N/AN/A1,412,7901,962,3973,933,8976,086,110
2024-04-24$426.60$430.0019.2%5.4%18.0%50.1%19.1%3.2%-0.5%-700.0M-11.55B-453.2M1.251.14N/AN/A1,498,9001,870,2223,933,8506,178,342
2024-04-25$423.88$429.7819.8%5.7%18.0%55.7%20.2%3.3%-0.6%-2.23B-1.32B-448.8M1.191.23N/AN/A1,560,2051,862,8884,004,1596,279,281
2024-04-26$431.63$429.0018.3%5.1%19.4%41.4%19.2%3.1%-0.4%2.68B-30.52B-445.8M1.391.16N/AN/A1,411,8741,969,2324,067,0396,385,817
2024-04-29$431.70$429.7818.5%5.4%19.4%43.2%19.6%3.2%-0.0%-211.5M-23.18B-439.1M1.231.02N/AN/A1,206,8641,478,8163,854,1626,282,533
2024-04-30$427.50$429.7819.1%5.7%19.5%49.4%19.9%3.2%-0.1%-2.09B-9.37B-435.6M1.190.96N/AN/A1,167,9471,386,4283,927,6236,391,277