QQQ Options History — March 2026

In March 2026, QQQ traded between $557.15 and $611.64. ATM implied volatility averaged 24.8%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 6.9% (HV 20d: 17.9%). Max pain ranged from $593.00 to $611.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.14.

Notable Days

  • 2026-03-31: Highest Volume — 7,715,346 contracts
  • 2026-03-06: Largest IV spike — 17.5% change
  • 2026-03-27: Highest IV Rank — 42.7%
  • 2026-03-30: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$592.98$557.15$611.64$607.70$577.20
Max Pain$605.73$593.00$611.00$605.00$593.00
ATM IV24.8%21.2%29.9%21.9%25.0%
Expected Move6.9%4.8%8.6%6.6%7.2%
HV 20d17.9%15.5%24.1%18.9%24.1%
HV 60d16.3%15.3%19.3%15.3%19.3%
IV Rank28.3%18.2%42.7%20.2%28.8%
IV Percentile84.4%68.3%94.8%72.6%86.9%
Term Structure-0.2%-0.8%0.3%0.3%0.2%
VWIV25.8%22.8%30.6%24.6%25.8%
Skew 25d9.9%8.6%12.7%9.8%8.6%
Skew 10d19.5%17.3%23.8%18.1%17.4%
Call IV 25d19.9%16.5%25.4%17.3%20.6%
Put IV 25d29.8%25.7%34.7%27.0%29.2%
Bid-Ask Spread %3.612.994.903.353.96
Gamma HHI0.040.030.150.030.03
Net GEX-5.07B-11.32B431.7M-3.87B-833.7M
Net DEX36.10B-1.59B85.53B14.98B25.88B
Net VEX-602.9M-639.1M-571.3M-607.0M-601.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.831.631.631.42
Total Volume5,956,182.4094,749,2347,715,3465,373,8047,715,346
Total OI9,221,752.7278,115,1809,935,5268,845,0749,066,096

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$607.70$605.0021.9%6.6%18.9%20.2%24.6%9.8%0.3%-3.87B14.98B-607.0M1.633.35N/AN/A2,041,5833,332,2213,292,2085,552,866
2026-03-03$602.08$605.0023.7%7.2%18.9%25.1%26.9%10.6%-0.5%-7.37B34.91B-613.6M1.203.73N/AN/A2,878,5963,467,7553,372,6285,785,865
2026-03-04$611.64$605.0021.2%6.3%18.9%18.2%24.6%10.1%-0.1%-978.7M-1.59B-615.7M1.373.46N/AN/A2,208,2933,017,1253,489,3135,890,702
2026-03-05$606.75$611.0023.1%6.5%18.5%23.3%24.1%10.7%-0.3%-5.63B19.51B-624.9M1.053.86N/AN/A3,219,3463,390,2483,538,7736,104,750
2026-03-06$600.25$611.0027.1%7.5%17.8%34.6%28.4%12.7%-0.8%-10.44B39.83B-639.1M1.183.81N/AN/A2,617,1893,094,8943,640,7776,128,908
2026-03-09$606.78$610.0023.6%6.7%16.3%25.0%25.9%11.1%-0.2%-1.92B12.60B-614.3M1.154.90N/AN/A2,843,1643,264,3333,519,2515,712,377
2026-03-10$607.88$610.0023.4%6.6%16.0%24.3%24.5%10.8%-0.2%431.7M5.63B-610.8M1.154.84N/AN/A2,574,0142,951,8123,625,3715,748,035
2026-03-11$607.43$610.0023.2%6.6%15.9%23.7%24.0%10.4%-0.2%-4.15B11.26B-610.5M0.973.06N/AN/A2,607,3722,521,0563,649,0655,841,165
2026-03-12$597.91$610.0025.8%5.2%16.8%31.0%26.2%10.4%-0.4%-6.81B39.45B-615.8M0.832.99N/AN/A3,152,2162,630,5533,695,4595,921,381
2026-03-13$592.77$610.0026.7%4.8%15.5%33.6%26.3%10.4%-0.4%-7.17B50.01B-613.3M0.853.36N/AN/A3,143,5032,680,9173,796,7385,909,473
2026-03-16$599.84$610.0023.3%6.7%16.1%23.9%23.5%9.6%-0.1%-2.19B23.94B-592.4M1.293.51N/AN/A2,400,6873,091,3343,705,9835,753,385
2026-03-17$603.36$609.0021.4%6.2%16.3%18.7%22.8%8.9%-0.0%-2.58B13.95B-590.5M1.353.36N/AN/A2,172,5932,937,5813,752,6825,856,840
2026-03-18$595.54$607.0023.7%6.8%16.7%25.2%24.7%9.6%-0.1%-6.94B41.04B-600.3M1.193.69N/AN/A2,167,4212,581,8133,772,3805,917,847
2026-03-19$593.15$606.0024.0%6.9%16.6%26.0%24.7%8.9%-0.2%-7.95B43.14B-596.8M1.064.17N/AN/A2,913,5053,102,7833,839,3775,969,982
2026-03-20$580.21$605.0027.6%7.9%17.7%36.0%28.0%9.6%-0.4%-11.32B72.87B-594.7M0.864.58N/AN/A3,430,9762,953,9933,958,9835,976,543
2026-03-23$590.60$604.0024.1%6.9%18.6%26.2%25.6%9.3%-0.1%-2.17B30.44B-586.4M1.103.01N/AN/A2,902,2963,206,4483,167,7174,947,463
2026-03-24$584.12$603.0025.4%7.3%18.2%29.8%25.4%9.7%-0.2%-5.79B46.53B-590.5M1.103.18N/AN/A2,830,8353,102,4483,244,3914,994,150
2026-03-25$587.02$602.0024.5%7.0%17.5%27.4%25.4%9.4%-0.1%-3.03B35.83B-596.2M1.203.14N/AN/A2,434,9152,917,3633,342,4075,054,930
2026-03-26$574.18$600.0027.4%7.9%18.6%35.7%25.9%9.3%-0.2%-7.41B66.19B-595.2M0.903.01N/AN/A3,505,0903,158,6173,431,3565,128,986
2026-03-27$562.04$600.0029.9%8.6%19.7%42.7%30.6%9.3%-0.4%-7.19B85.53B-583.6M1.053.22N/AN/A3,340,2693,520,7103,659,2935,142,719
2026-03-30$557.15$600.0029.9%8.6%19.7%42.6%30.6%9.3%-0.2%-6.10B82.33B-571.3M1.183.21N/AN/A3,214,0123,798,7883,915,1455,064,800
2026-03-31$577.20$593.0025.0%7.2%24.1%28.8%25.8%8.6%0.2%-833.7M25.88B-601.2M1.423.96N/AN/A3,187,8054,527,5413,898,1915,167,905