QQQ Options History — July 2024

In July 2024, QQQ traded between $457.44 and $502.81. ATM implied volatility averaged 18.3%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 2.8% (HV 20d: 15.5%). Max pain ranged from $470.00 to $485.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.04.

Notable Days

  • 2024-07-11: Highest Volume — 5,552,357 contracts
  • 2024-07-24: Largest IV spike — 15.2% change
  • 2024-07-30: Highest IV Rank — 88.0%
  • 2024-07-30: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$482.54$457.44$502.81$481.00$472.02
Max Pain$476.50$470.00$485.00$470.00$473.00
ATM IV18.3%15.0%23.2%15.1%21.6%
Expected Move5.3%3.9%7.1%4.0%6.4%
HV 20d15.5%10.8%24.1%11.4%24.1%
HV 60d14.6%13.7%16.5%14.6%16.5%
IV Rank42.3%11.9%88.0%13.0%72.9%
IV Percentile59.3%11.5%98.0%14.3%92.5%
Term Structure-0.1%-0.7%0.3%0.1%-0.7%
VWIV18.6%14.1%24.5%14.2%22.6%
Skew 25d3.2%1.9%4.8%2.9%4.1%
Skew 10d6.7%4.4%9.6%6.1%8.0%
Call IV 25d16.8%13.8%20.9%13.9%19.4%
Put IV 25d20.0%16.6%25.2%16.8%23.5%
Bid-Ask Spread %2.001.183.161.732.32
Gamma HHI0.040.020.070.030.02
Net GEX-65.7M-4.92B4.64B501.4M1.91B
Net DEX-30.92B-82.21B28.91B-42.18B-22.25B
Net VEX-414.5M-467.9M-359.4M-385.3M-461.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.811.411.191.17
Total Volume3,691,643.1362,160,9175,552,3572,928,0233,244,663
Total OI9,558,756.5918,551,96910,729,9948,551,9699,837,033

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$481.00$470.0015.1%4.0%11.4%13.0%14.2%2.9%0.1%501.4M-42.18B-385.3M1.191.73N/AN/A1,336,0641,591,9592,874,1725,677,797
2024-07-02$486.07$470.0015.0%3.9%11.7%11.9%14.5%2.8%-0.0%4.54B-58.18B-377.4M1.411.74N/AN/A1,269,2561,788,1422,930,7015,808,837
2024-07-03$489.95$470.0015.3%4.0%11.8%14.3%14.1%2.5%0.1%4.29B-66.19B-372.7M1.301.94N/AN/A941,1971,219,7202,938,9875,939,296
2024-07-05$496.47$470.0015.5%4.5%10.8%16.8%16.1%2.1%0.1%4.64B-77.18B-359.4M1.201.61N/AN/A1,398,3461,681,9132,933,4106,012,186
2024-07-08$496.74$470.0015.7%4.6%10.8%18.7%16.3%2.1%0.2%2.55B-71.82B-360.3M1.071.46N/AN/A1,302,4971,391,0012,931,4686,157,540
2024-07-09$497.49$475.0015.8%4.6%10.8%18.8%16.0%2.2%0.3%2.59B-70.89B-371.1M0.941.71N/AN/A1,592,4791,491,1242,992,2266,328,032
2024-07-10$502.81$475.0016.1%4.6%11.0%21.8%17.6%2.1%-0.2%3.68B-82.21B-371.4M1.272.11N/AN/A1,485,6521,889,2463,091,1236,473,268
2024-07-11$492.79$480.0016.4%4.7%13.9%25.0%17.2%2.4%-0.2%-2.90B-46.38B-401.4M1.012.46N/AN/A2,761,3222,791,0353,237,9826,568,375
2024-07-12$495.77$480.0015.9%4.6%13.5%20.1%16.5%1.9%0.1%2.46B-63.20B-402.7M0.932.51N/AN/A1,808,4211,678,9733,428,7096,718,504
2024-07-15$495.63$480.0016.6%4.8%13.3%26.9%17.2%2.3%-0.1%27.0M-58.68B-391.5M1.043.16N/AN/A1,877,4111,954,8943,279,2556,524,823
2024-07-16$495.75$480.0016.7%4.8%13.3%27.4%17.1%2.4%-0.0%-276.3M-60.19B-388.8M1.151.52N/AN/A1,709,6231,959,6563,390,5236,661,196
2024-07-17$482.63$485.0018.2%5.2%15.7%41.8%18.5%3.6%0.2%-4.08B-9.21B-419.0M0.852.18N/AN/A2,788,5222,356,7143,408,6306,793,059
2024-07-18$479.88$480.0019.1%5.5%15.8%49.7%19.4%4.2%-0.2%-3.38B-8.57B-437.2M1.002.80N/AN/A2,474,1042,486,1453,800,1646,845,425
2024-07-19$475.23$480.0020.2%5.8%16.1%59.7%19.9%4.4%-0.3%-4.92B4.06B-449.3M0.861.85N/AN/A2,236,7781,912,6263,833,9256,896,069
2024-07-22$482.86$480.0018.8%5.4%17.1%46.6%18.8%3.5%0.2%445.9M-26.76B-427.1M1.001.18N/AN/A1,892,8761,890,4143,309,2765,859,904
2024-07-23$481.06$480.0018.9%5.5%16.6%47.9%19.0%3.1%0.2%-593.0M-19.78B-431.8M0.881.52N/AN/A1,356,7011,196,2823,265,6125,907,189
2024-07-24$465.01$480.0021.8%6.4%20.4%74.5%22.1%4.8%0.0%-4.43B26.72B-454.3M0.832.34N/AN/A2,847,7182,364,3593,347,4105,902,884
2024-07-25$461.26$480.0022.6%6.7%20.5%82.0%22.9%4.6%-0.1%-3.59B28.91B-462.0M0.972.14N/AN/A2,579,6292,497,3893,742,5085,997,768
2024-07-26$462.99$475.0021.9%6.4%20.5%75.4%22.4%4.2%-0.0%-569.5M14.15B-467.9M1.001.85N/AN/A1,718,7741,710,8923,844,4365,990,488
2024-07-29$465.12$475.0022.1%6.6%20.7%77.1%23.2%4.0%-0.6%-949.8M4.00B-462.3M0.811.70N/AN/A1,686,4591,370,1473,536,4835,811,507
2024-07-30$457.44$475.0023.2%7.1%21.3%88.0%24.5%4.3%-0.7%-3.40B25.67B-465.3M0.932.09N/AN/A1,912,1091,772,9173,577,3195,887,146
2024-07-31$472.02$473.0021.6%6.4%24.1%72.9%22.6%4.1%-0.7%1.91B-22.25B-461.6M1.172.32N/AN/A1,494,9341,749,7293,814,1656,022,868