QQQ Options History — December 2024

In December 2024, QQQ traded between $511.97 and $538.46. ATM implied volatility averaged 16.2%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded below realized volatility by 0.8% (HV 20d: 17.0%). Max pain ranged from $485.00 to $504.78. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.12.

Notable Days

  • 2024-12-20: Highest Volume — 5,269,389 contracts
  • 2024-12-18: Largest IV spike — 31.8% change
  • 2024-12-18: Highest IV Rank — 33.7%
  • 2024-12-18: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$523.38$511.97$538.46$515.52$511.97
Max Pain$496.16$485.00$504.78$485.00$504.78
ATM IV16.2%13.6%21.4%14.4%19.1%
Expected Move4.7%4.1%6.1%4.3%5.4%
HV 20d17.0%12.3%20.5%17.3%20.4%
HV 60d16.5%15.3%17.9%15.8%17.8%
IV Rank11.0%0.0%33.7%3.0%23.6%
IV Percentile31.4%0.0%86.5%5.2%71.4%
Term Structure0.4%-0.8%1.0%0.2%-0.1%
VWIV17.7%15.5%22.7%16.6%18.8%
Skew 25d4.3%2.6%8.0%3.4%5.1%
Skew 10d9.3%5.7%16.1%8.5%10.0%
Call IV 25d14.3%12.4%18.1%13.2%16.5%
Put IV 25d18.6%15.0%25.5%16.6%21.6%
Bid-Ask Spread %2.001.366.691.482.21
Gamma HHI0.040.020.060.050.04
Net GEX1.35B-4.13B6.31B3.60B-4.13B
Net DEX-56.62B-104.70B-871.4M-64.38B-871.4M
Net VEX-390.3M-443.6M-362.3M-374.4M-390.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.801.521.140.87
Total Volume3,809,508.3332,410,5935,269,3893,890,4073,708,071
Total OI9,610,320.6197,987,76611,147,4499,038,9848,118,978

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$515.52$485.0014.4%4.3%17.3%3.0%16.6%3.4%0.2%3.60B-64.38B-374.4M1.141.48N/AN/A1,815,6492,074,7583,213,4885,825,496
2024-12-03$516.16$490.0014.0%4.2%17.2%1.4%16.2%3.3%0.5%2.63B-64.24B-376.5M1.131.48N/AN/A1,589,0251,803,4293,325,9836,077,926
2024-12-04$523.24$490.0013.9%4.1%17.4%0.9%15.5%2.8%0.5%5.61B-84.52B-362.3M1.251.60N/AN/A1,702,9952,130,3803,398,6856,137,296
2024-12-05$522.17$490.0013.8%4.3%14.5%0.4%16.0%2.9%0.6%1.89B-73.09B-386.4M1.171.36N/AN/A1,454,7901,697,8523,489,1686,383,129
2024-12-06$526.29$490.0013.6%4.2%13.8%0.0%15.9%2.6%0.6%5.36B-86.88B-376.5M1.421.63N/AN/A1,334,7521,898,2023,535,5556,480,629
2024-12-09$521.50$490.0014.9%4.5%14.3%5.8%16.7%3.5%0.6%-739.0M-60.92B-390.4M1.071.41N/AN/A1,836,8491,960,3453,483,4956,379,714
2024-12-10$520.07$490.0014.9%4.4%14.3%5.8%16.4%3.7%0.4%-1.41B-58.76B-388.1M1.101.83N/AN/A1,828,8182,014,7983,558,5766,431,506
2024-12-11$530.25$494.7814.2%4.2%15.8%2.8%16.1%2.8%0.6%6.31B-94.01B-369.4M1.521.70N/AN/A1,702,0642,593,5283,628,7786,574,995
2024-12-12$527.15$495.0014.3%4.3%16.0%3.3%16.5%3.0%0.9%1.49B-76.79B-387.5M1.331.67N/AN/A1,387,4921,850,6473,681,3576,841,497
2024-12-13$530.63$495.0014.3%4.2%15.5%3.0%15.6%3.2%0.8%5.92B-90.02B-376.9M1.111.80N/AN/A2,254,5992,501,8673,691,3186,888,997
2024-12-16$538.46$500.0015.5%4.5%12.3%8.5%16.9%3.4%0.4%4.95B-104.70B-364.0M1.232.17N/AN/A1,809,8022,228,2563,618,0876,830,822
2024-12-17$535.77$500.0016.3%4.7%12.6%11.6%18.4%4.3%0.0%286.0M-85.90B-395.8M1.281.60N/AN/A1,581,1832,019,7503,645,4527,057,077
2024-12-18$516.63$500.0021.4%6.1%18.9%33.7%21.4%6.8%-0.8%-2.67B-22.01B-443.4M1.156.69N/AN/A1,961,9692,259,6303,683,6527,150,397
2024-12-19$515.65$500.0021.2%6.1%18.9%32.6%22.7%8.0%-0.4%-2.83B-21.81B-443.6M1.133.17N/AN/A1,966,3102,230,3623,838,5687,227,636
2024-12-20$520.30$500.0019.0%5.5%19.0%23.1%21.3%6.1%-0.1%-606.6M-45.80B-427.6M1.121.66N/AN/A2,480,4982,788,8913,888,8267,258,623
2024-12-23$522.72$500.0017.5%5.0%19.0%16.8%19.7%5.6%0.6%506.4M-27.89B-398.2M0.961.64N/AN/A1,807,0461,732,7502,827,3355,235,461
2024-12-24$528.26$500.0015.5%4.4%19.2%8.1%16.9%5.1%0.9%3.26B-45.76B-387.5M0.801.55N/AN/A1,337,3101,073,2832,852,4565,269,191
2024-12-26$530.73$500.0015.5%4.3%19.2%8.4%17.1%4.6%1.0%3.72B-50.98B-378.5M1.031.53N/AN/A1,677,5811,731,8402,825,7635,337,628
2024-12-27$520.42$500.0017.7%5.1%20.5%17.8%18.2%5.3%0.8%-2.39B-18.16B-391.0M0.831.92N/AN/A2,449,5242,029,4162,891,6885,243,739
2024-12-30$517.17$504.7818.5%5.3%20.4%21.0%18.9%5.5%0.1%-2.37B-11.45B-388.6M0.931.88N/AN/A1,912,1611,781,2032,872,1185,115,648
2024-12-31$511.97$504.7819.1%5.4%20.4%23.6%18.8%5.1%-0.1%-4.13B-871.4M-390.6M0.872.21N/AN/A1,981,5311,726,5402,988,9965,129,982