QQQ Options History — November 2024

In November 2024, QQQ traded between $486.33 and $513.99. ATM implied volatility averaged 17.6%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 0.7% (HV 20d: 18.3%). Max pain ranged from $470.00 to $485.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.17.

Notable Days

  • 2024-11-15: Highest Volume — 5,644,760 contracts
  • 2024-11-06: Largest IV drop — 20.0% change
  • 2024-11-04: Highest IV Rank — 41.3%
  • 2024-11-01: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$504.45$486.33$513.99$487.91$509.78
Max Pain$478.23$470.00$485.00$485.00$485.00
ATM IV17.6%14.3%23.3%22.9%14.3%
Expected Move5.1%4.3%7.2%7.2%4.3%
HV 20d18.3%14.8%20.4%16.1%17.1%
HV 60d17.3%16.3%17.9%17.4%16.5%
IV Rank16.5%2.6%41.3%39.3%2.6%
IV Percentile51.3%4.4%96.0%94.8%4.4%
Term Structure-0.1%-0.6%0.4%-0.2%-0.1%
VWIV18.9%15.6%26.0%26.0%15.6%
Skew 25d4.2%2.8%6.5%6.5%3.6%
Skew 10d8.9%6.0%13.2%12.6%7.8%
Call IV 25d15.6%13.1%19.7%19.5%13.1%
Put IV 25d19.9%16.7%26.1%26.0%16.7%
Bid-Ask Spread %1.551.192.091.561.34
Gamma HHI0.040.020.100.030.07
Net GEX1.03B-3.11B4.45B-531.1M4.45B
Net DEX-45.48B-81.72B-7.10B-15.31B-54.64B
Net VEX-410.9M-452.3M-382.0M-452.3M-394.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.811.541.191.35
Total Volume3,892,320.82,275,4875,644,7603,866,0422,275,487
Total OI9,364,433.458,727,54810,050,6219,157,6189,387,063

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$487.91$485.0022.9%7.2%16.1%39.3%26.0%6.5%-0.2%-531.1M-15.31B-452.3M1.191.56N/AN/A1,767,8602,098,1823,222,3915,935,227
2024-11-04$486.33$470.0023.3%6.6%15.6%41.3%24.3%6.5%-0.3%-2.91B-10.75B-444.9M1.301.44N/AN/A1,653,6312,157,4933,048,4825,679,066
2024-11-05$491.49$470.0021.9%6.1%14.8%35.0%21.5%6.0%-0.3%800.6M-26.33B-435.8M1.541.98N/AN/A1,506,6042,319,7803,093,5865,759,115
2024-11-06$505.96$470.0017.5%5.1%17.9%16.2%19.8%3.7%0.1%4.11B-67.35B-385.7M1.391.78N/AN/A1,901,5942,635,9733,171,6645,855,293
2024-11-07$513.99$470.0016.7%4.9%18.6%12.9%18.2%3.0%0.2%4.23B-81.72B-382.0M1.351.69N/AN/A1,733,6492,334,7133,211,2196,068,193
2024-11-08$513.88$475.0016.3%4.8%18.6%11.2%18.0%2.8%0.3%2.87B-78.95B-386.2M1.271.51N/AN/A1,289,7431,631,8753,335,6746,349,086
2024-11-11$513.23$475.0016.7%4.9%18.5%12.9%18.3%2.9%0.2%1.56B-70.16B-396.3M1.181.34N/AN/A1,408,7811,660,8473,265,1106,189,965
2024-11-12$513.25$475.0016.7%4.8%17.2%12.9%17.8%3.2%0.2%1.46B-69.15B-396.9M1.271.37N/AN/A1,724,4392,185,8813,318,0806,339,452
2024-11-13$513.48$479.7815.7%4.6%17.2%8.7%17.2%3.1%0.4%2.18B-70.51B-391.7M1.181.40N/AN/A1,671,1871,966,9113,358,1096,479,914
2024-11-14$508.23$480.0016.0%4.6%17.8%9.8%16.3%3.5%0.2%-1.58B-53.09B-397.0M1.151.57N/AN/A1,907,7242,184,7663,374,6186,589,184
2024-11-15$495.68$480.0018.5%5.3%20.1%20.4%18.7%4.4%0.1%-3.11B-7.10B-432.2M0.851.48N/AN/A3,048,3302,596,4303,464,3116,586,310
2024-11-18$500.11$480.0017.9%5.1%20.3%18.1%19.1%4.3%-0.5%1.73B-28.35B-423.1M1.161.32N/AN/A1,734,8352,013,3863,301,1495,828,183
2024-11-19$503.04$480.0017.9%5.1%20.4%18.2%19.1%4.3%-0.5%547.9M-35.93B-424.5M1.131.19N/AN/A1,788,5602,012,1903,258,4045,903,554
2024-11-20$502.16$480.0018.9%5.4%19.4%22.2%19.7%4.8%-0.6%-1.04B-30.55B-432.3M1.062.09N/AN/A1,742,7521,855,7673,288,6256,000,579
2024-11-21$505.52$480.0017.7%5.1%19.3%17.1%18.8%4.7%-0.5%1.43B-42.03B-426.7M0.971.65N/AN/A2,422,3012,352,2093,342,2816,167,626
2024-11-22$505.07$480.0016.6%4.8%19.2%12.3%18.6%4.6%-0.3%1.86B-41.39B-416.1M1.111.40N/AN/A1,787,2411,992,5153,379,0426,146,622
2024-11-25$506.11$480.0015.8%4.6%19.2%8.8%16.8%4.5%-0.2%879.9M-41.17B-405.4M0.811.69N/AN/A2,198,1751,783,2713,187,7965,886,648
2024-11-26$508.83$484.7814.9%4.4%19.0%5.3%16.9%4.1%-0.1%3.23B-49.07B-394.7M1.231.54N/AN/A1,820,2972,236,8343,275,9055,942,088
2024-11-27$504.89$485.0014.9%4.4%19.0%5.3%16.2%4.1%-0.1%-1.54B-36.03B-399.1M0.831.70N/AN/A2,430,9942,013,2093,318,1995,980,856
2024-11-29$509.78$485.0014.3%4.3%17.1%2.6%15.6%3.6%-0.1%4.45B-54.64B-394.3M1.351.34N/AN/A969,2211,306,2663,394,7705,992,293