QQQI Options History — August 2025

In August 2025, QQQI traded between $51.79 and $53.89. ATM implied volatility averaged 9.4%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded below realized volatility by 2.3% (HV 20d: 11.7%). Max pain ranged from $53.00 to $53.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.47.

Notable Days

  • 2025-08-01: Highest Volume — 1,078 contracts
  • 2025-08-18: Largest IV spike — 50.6% change
  • 2025-08-05: Highest IV Rank — 8.2%
  • 2025-08-21: Largest Expected Move — 3.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.01$51.79$53.89$51.79$52.75
Max Pain$53.00$53.00$53.00$53.00$53.00
ATM IV9.4%5.9%12.5%9.3%9.7%
Expected Move2.7%1.7%3.4%2.7%2.8%
HV 20d11.7%8.9%13.6%8.9%12.3%
HV 60d10.5%9.6%11.6%11.2%10.5%
IV Rank4.5%0.5%8.2%4.5%4.9%
IV Percentile19.0%1.0%40.2%15.5%20.8%
Term Structure1.9%0.1%6.5%0.2%0.7%
VWIV10.2%7.5%12.1%10.2%10.7%
Skew 25d3.1%-0.2%6.6%-0.2%3.1%
Skew 10d6.4%0.2%9.7%2.4%7.7%
Call IV 25d8.5%6.8%10.4%10.3%8.7%
Put IV 25d11.6%9.9%14.1%10.1%11.9%
Bid-Ask Spread %87.8061.70110.2999.5961.78
Gamma HHI0.270.170.560.230.23
Net GEX229.0K-407.1K2.1M-352.7K-358.0K
Net DEX-1.2M-7.6M3.8M2.5M1.7M
Net VEX-27.7K-36.4K-16.5K-22.5K-34.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.344.113.380.58
Total Volume557.5711451,0781,078701
Total OI6,216.3334,9757,5645,1506,963

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$51.79$53.009.3%2.7%8.9%4.5%10.2%-0.2%0.2%-352.7K2.5M-22.5K3.3899.59N/AN/A2468322,2562,894
2025-08-04$52.56$53.009.1%2.8%10.1%4.2%12.0%6.6%2.9%-36.7K-333.7K-23.4K0.34103.28N/AN/A3281112,2713,189
2025-08-05$52.36$53.0012.5%3.3%10.2%8.2%10.9%5.5%1.6%-145.0K407.1K-25.5K2.39103.44N/AN/A1172802,4843,278
2025-08-06$52.89$53.007.1%2.8%10.7%1.9%10.7%3.5%1.9%109.9K-2.3M-23.7K0.79108.28N/AN/A2542012,5423,492
2025-08-07$52.95$53.008.8%2.8%10.7%3.8%10.6%5.6%1.8%321.2K-2.6M-23.5K1.34106.31N/AN/A2162892,6763,531
2025-08-08$53.39$53.009.9%2.2%11.0%5.1%7.8%2.7%1.7%675.9K-4.9M-22.2K0.44110.29N/AN/A157692,7493,605
2025-08-11$53.34$53.0010.8%2.9%11.0%6.2%10.3%2.9%2.0%666.9K-4.3M-23.6K1.45102.42N/AN/A2012912,8253,559
2025-08-12$53.81$53.007.3%2.5%11.3%2.1%9.0%1.4%1.0%1.4M-7.6M-16.5K1.0899.06N/AN/A4554922,8543,604
2025-08-13$53.84$53.007.2%2.1%11.3%2.0%8.7%3.2%6.5%1.3M-7.4M-20.4K1.27106.97N/AN/A2162743,1543,992
2025-08-14$53.89$53.008.4%2.4%11.2%3.4%8.5%2.5%3.7%2.1M-7.2M-22.0K2.65107.56N/AN/A2115603,2234,065
2025-08-15$53.73$53.005.9%1.7%11.3%0.5%7.5%3.2%4.1%891.0K-4.0M-25.8K0.85101.36N/AN/A2972512,9614,603
2025-08-18$53.73$53.009.0%2.6%11.2%4.0%9.6%1.0%2.2%192.4K-1.9M-27.1K1.4182.86N/AN/A2603672,1192,856
2025-08-19$53.19$53.009.6%2.8%11.8%4.8%9.7%0.2%1.3%-220.3K485.4K-29.7K0.6989.67N/AN/A3752572,2873,158
2025-08-20$52.34$53.0010.3%2.9%12.6%5.6%10.7%3.0%3.1%-349.8K3.3M-32.4K1.4366.00N/AN/A3124472,2253,370
2025-08-21$52.09$53.0011.7%3.4%12.6%7.2%12.1%3.1%0.1%-407.1K3.8M-34.4K4.1165.47N/AN/A1104522,2613,519
2025-08-22$52.77$53.009.9%2.8%13.5%5.1%10.5%2.3%1.9%-262.9K1.5M-34.6K0.7770.06N/AN/A2852202,2693,699
2025-08-25$52.78$53.009.5%2.7%13.4%4.7%11.9%3.7%0.7%-132.0K1.2M-34.9K2.7762.73N/AN/A2085772,4513,633
2025-08-26$52.78$53.0010.2%2.9%13.4%5.5%11.1%3.8%1.0%-335.4K1.7M-36.4K0.8267.22N/AN/A101832,4784,082
2025-08-27$52.91$53.0010.7%3.1%13.5%6.1%11.5%3.7%1.0%-271.7K696.6K-35.8K1.7467.69N/AN/A53922,5134,135
2025-08-28$53.22$53.0010.0%2.9%13.6%5.2%9.9%3.5%0.1%-78.6K-871.6K-32.4K0.5261.70N/AN/A3041572,5404,178
2025-08-29$52.75$53.009.7%2.8%12.3%4.9%10.7%3.1%0.7%-358.0K1.7M-34.5K0.5861.78N/AN/A4452562,7134,250