QQQ Options History — September 2024

In September 2024, QQQ traded between $449.83 and $489.57. ATM implied volatility averaged 20.0%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 0.3% (HV 20d: 20.3%). Max pain ranged from $460.00 to $475.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.14.

Notable Days

  • 2024-09-11: Highest Volume — 4,982,098 contracts
  • 2024-09-19: Largest IV drop — 10.7% change
  • 2024-09-06: Highest IV Rank — 45.9%
  • 2024-09-06: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$473.03$449.83$489.57$460.45$486.10
Max Pain$468.25$460.00$475.00$460.00$475.00
ATM IV20.0%17.2%24.4%22.5%18.5%
Expected Move5.7%4.8%6.8%6.7%5.2%
HV 20d20.3%18.8%22.9%22.9%19.5%
HV 60d23.1%22.5%23.5%22.5%23.3%
IV Rank27.0%15.0%45.9%37.6%20.6%
IV Percentile75.8%54.8%97.2%93.3%69.0%
Term Structure0.3%-0.6%2.3%-0.1%2.3%
VWIV20.7%17.9%23.5%23.3%19.0%
Skew 25d5.2%3.4%7.1%7.1%4.6%
Skew 10d10.9%8.6%14.1%14.1%8.9%
Call IV 25d17.7%15.5%21.1%19.2%16.5%
Put IV 25d22.8%19.3%28.2%26.4%21.1%
Bid-Ask Spread %1.671.054.022.131.50
Gamma HHI0.040.030.070.030.03
Net GEX212.4M-4.95B5.14B-3.21B-137.7M
Net DEX-20.18B-66.30B40.66B15.85B-28.71B
Net VEX-448.1M-484.6M-422.9M-474.0M-432.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.781.530.831.30
Total Volume3,623,071.952,590,3154,982,0984,136,7083,587,719
Total OI9,732,289.68,350,82510,907,2129,467,5148,669,748

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$460.45$460.0022.5%6.7%22.9%37.6%23.3%7.1%-0.1%-3.21B15.85B-474.0M0.832.13N/AN/A2,262,7981,873,9103,314,5326,152,982
2024-09-04$461.19$460.0022.4%6.6%21.8%37.4%23.3%7.0%-0.1%-2.04B11.36B-481.8M0.961.62N/AN/A1,675,4451,611,4103,490,4496,339,133
2024-09-05$460.00$470.0022.6%6.4%21.1%38.4%22.9%6.9%-0.2%-2.36B13.15B-478.3M1.051.98N/AN/A1,667,8821,756,2323,488,1806,381,763
2024-09-06$449.83$470.0024.4%6.8%21.3%45.9%23.5%7.1%-0.3%-4.95B40.66B-484.6M0.991.62N/AN/A2,104,5442,085,7803,530,9256,455,410
2024-09-09$453.44$470.0023.3%6.5%21.4%41.1%22.7%6.6%-0.6%-2.74B21.66B-467.4M1.301.28N/AN/A1,516,9211,975,0873,513,0736,383,672
2024-09-10$458.46$470.0022.8%6.3%21.7%39.3%22.8%6.2%-0.6%-1.62B6.96B-465.7M1.271.35N/AN/A1,784,6212,258,3993,543,6556,477,196
2024-09-11$466.82$465.0021.3%6.1%20.7%32.5%21.6%5.9%0.0%562.1M-18.52B-459.0M1.201.89N/AN/A2,262,5152,719,5833,579,3546,549,754
2024-09-12$473.19$465.0020.0%5.6%21.2%27.0%22.1%5.1%-0.4%2.67B-39.03B-451.4M1.121.78N/AN/A1,889,3362,109,8273,686,3376,720,934
2024-09-13$475.57$465.0019.3%5.6%19.1%24.2%20.5%4.8%0.1%2.91B-42.72B-441.5M1.231.47N/AN/A1,456,7071,797,5183,713,6656,771,326
2024-09-16$473.38$465.0019.9%5.7%19.1%26.4%20.8%4.9%0.4%26.2M-31.08B-440.4M1.021.57N/AN/A1,574,5381,606,6563,647,4446,638,199
2024-09-17$472.52$465.0020.0%5.7%18.8%27.1%21.6%4.9%0.5%672.3M-28.56B-444.4M0.951.96N/AN/A1,846,9951,759,8373,703,5386,668,842
2024-09-18$472.28$470.0020.2%5.8%18.8%27.8%20.8%5.0%-0.2%-395.2M-24.71B-443.0M1.134.02N/AN/A1,374,9721,559,3483,691,8326,790,871
2024-09-19$484.24$470.0018.0%5.1%20.9%18.6%20.0%3.5%0.5%5.14B-66.30B-423.2M1.531.78N/AN/A1,698,2202,594,5493,752,8926,865,163
2024-09-20$483.21$470.0017.4%4.9%20.2%15.7%18.8%3.7%0.8%2.48B-57.45B-430.4M1.141.74N/AN/A1,680,2411,923,5763,770,6567,136,556
2024-09-23$482.65$470.0017.4%4.9%20.0%16.1%18.2%4.2%0.7%1.13B-28.85B-423.4M1.161.31N/AN/A1,198,4431,391,8722,781,8565,568,969
2024-09-24$485.25$470.0017.2%4.8%19.7%15.0%17.9%4.1%0.6%2.09B-34.64B-427.6M1.251.22N/AN/A1,439,2531,793,0592,828,0355,665,217
2024-09-25$485.61$470.0017.3%4.9%19.7%15.6%17.9%4.0%0.6%1.26B-35.19B-422.9M1.461.05N/AN/A1,368,2611,991,2222,877,6215,779,524
2024-09-26$489.57$470.0017.4%4.9%19.4%15.7%18.2%3.4%0.5%3.12B-44.08B-431.1M0.781.07N/AN/A2,227,4511,734,6702,921,9555,862,657
2024-09-27$486.75$475.0017.9%5.0%19.5%18.2%18.1%4.0%0.5%-365.4M-33.40B-439.1M1.031.07N/AN/A1,622,7551,679,2872,975,5945,956,283
2024-09-30$486.10$475.0018.5%5.2%19.5%20.6%19.0%4.6%2.3%-137.7M-28.71B-432.8M1.301.50N/AN/A1,558,8602,028,8592,900,3125,769,436