QQQI Options History — February 2025

In February 2025, QQQI traded between $50.72 and $54.34. ATM implied volatility averaged 12.0%. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 1.3% (HV 20d: 13.4%). Max pain ranged from $53.00 to $54.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 3.62.

Notable Days

  • 2025-02-19: Highest Volume — 272 contracts
  • 2025-02-12: Largest IV spike — 89.3% change
  • 2025-02-11: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.11$50.72$54.34$52.63$50.90
Max Pain$53.53$53.00$54.00$53.00$54.00
ATM IV12.0%7.5%22.3%12.4%22.3%
Expected Move4.0%2.1%6.9%3.6%6.4%
HV 20d13.4%10.9%16.0%16.0%13.4%
HV 60d12.9%12.2%13.9%13.4%13.8%
Term Structure2.1%-14.7%14.6%2.3%-14.7%
VWIV14.0%7.9%26.8%13.5%16.3%
Skew 25d0.3%-15.4%11.2%6.5%4.3%
Skew 10d6.7%-9.2%38.7%9.5%21.4%
Call IV 25d13.1%6.0%22.3%7.5%14.1%
Put IV 25d13.4%6.9%24.7%14.0%18.4%
Bid-Ask Spread %128.75115.38138.26120.28123.81
Gamma HHI0.430.190.850.330.19
Net GEX80.4K-57.7K354.1K40.1K-52.0K
Net DEX-231.0K-1.4M790.8K43.4K790.8K
Net VEX-2.4K-3.6K-1.3K-3.0K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.620.4421.500.440.45
Total Volume74.474102722674
Total OI847.7894151,267873642

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$52.63$53.0012.4%3.6%16.0%0.0%13.5%6.5%2.3%40.1K43.4K-3.0K0.44120.28N/AN/A188414459
2025-02-04$53.06$53.0011.8%3.4%15.5%0.0%12.5%2.9%-2.0%49.0K-49.8K-3.6K0.00125.03N/AN/A010417466
2025-02-05$53.16$53.0011.2%3.2%15.3%0.0%10.6%5.2%-2.4%73.4K-114.4K-3.3K5.50126.86N/AN/A422418462
2025-02-06$53.41$53.009.1%3.9%14.6%0.0%14.5%1.6%11.5%79.3K-421.8K-3.0K0.44136.55N/AN/A167418480
2025-02-07$53.04$54.0010.4%4.4%14.8%0.0%18.0%-8.6%0.5%54.8K-43.1K-2.9K1.56132.00N/AN/A1828419478
2025-02-10$53.56$53.009.0%5.4%14.4%0.0%15.0%-7.6%-3.0%102.5K-481.1K-2.5K0.85138.26N/AN/A2017424471
2025-02-11$53.45$53.008.8%6.9%14.4%0.0%26.8%-4.7%-2.4%98.6K-445.5K-2.5K21.50137.56N/AN/A243418478
2025-02-12$53.48$53.0016.7%4.8%14.3%0.0%0.0%-3.4%-0.6%91.2K-416.6K-2.4K7.50137.63N/AN/A215419485
2025-02-13$53.97$53.0011.1%3.2%12.3%0.0%16.1%2.6%8.0%190.1K-1.0M-1.9K2.14129.81N/AN/A715419481
2025-02-14$54.20$53.009.9%2.8%12.2%0.0%10.5%3.6%1.2%230.0K-1.4M-1.5K11.31132.90N/AN/A16181421480
2025-02-18$54.23$54.0010.6%3.0%11.8%0.0%10.6%0.6%7.2%146.3K-1.3M-1.4K1.27131.93N/AN/A1114419538
2025-02-19$54.34$54.009.7%2.8%11.7%0.0%13.9%-15.4%6.9%135.5K-1.2M-1.3K0.84134.31N/AN/A148124420546
2025-02-20$54.21$54.009.5%2.7%11.7%0.0%9.5%-8.6%7.1%354.1K-1.1M-1.5K1.69136.96N/AN/A3254539670
2025-02-21$53.41$54.007.5%2.1%12.9%0.0%7.9%3.0%14.6%103.2K544.4K-2.1K0.98126.93N/AN/A5958551716
2025-02-24$53.12$54.0011.5%3.3%13.1%0.0%14.9%8.2%-3.4%-12.7K165.7K-1.9K1.98123.52N/AN/A4079127288
2025-02-25$52.38$54.0012.8%3.7%11.5%0.0%13.5%3.2%8.1%-54.6K558.5K-2.3K0.90120.24N/AN/A3027156365
2025-02-26$51.88$54.0013.4%3.8%10.9%0.0%13.3%0.4%6.7%-57.7K736.1K-2.3K1.47115.38N/AN/A4769166392
2025-02-27$50.72$54.0020.9%6.0%13.4%0.0%15.3%11.2%-5.1%-44.2K771.6K-3.0K4.26116.22N/AN/A1981213433
2025-02-28$50.90$54.0022.3%6.4%13.4%0.0%16.3%4.3%-14.7%-52.0K790.8K-3.2K0.45123.81N/AN/A5123200442