QQQI Options History — December 2025

In December 2025, QQQI traded between $53.33 and $55.17. ATM implied volatility averaged 11.7%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded below realized volatility by 3.0% (HV 20d: 14.7%). Max pain ranged from $54.00 to $54.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.03.

Notable Days

  • 2025-12-19: Highest Volume — 4,529 contracts
  • 2025-12-19: Largest IV drop — 28.8% change
  • 2025-12-03: Highest IV Rank — 11.5%
  • 2025-12-03: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.49$53.33$55.17$54.30$53.95
Max Pain$54.00$54.00$54.00$54.00$54.00
ATM IV11.7%7.5%15.3%15.0%12.1%
Expected Move3.3%2.2%4.4%4.3%3.5%
HV 20d14.7%11.1%18.8%18.6%11.6%
HV 60d14.8%14.4%15.3%14.4%15.3%
IV Rank7.3%2.4%11.5%11.1%7.7%
IV Percentile38.9%5.6%62.3%61.9%46.0%
Term Structure1.0%-1.4%2.4%-0.4%2.4%
VWIV11.7%8.1%15.4%14.8%12.2%
Skew 25d3.9%1.6%6.9%4.4%1.9%
Skew 10d8.5%0.5%17.0%12.0%5.9%
Call IV 25d9.8%6.3%13.1%13.1%11.5%
Put IV 25d13.7%10.9%17.5%17.5%13.5%
Bid-Ask Spread %83.0354.50106.7077.7771.83
Gamma HHI0.370.240.490.310.26
Net GEX2.3M-1.6M5.4M2.1M727.0K
Net DEX-9.3M-24.8M11.4M-10.2M1.4M
Net VEX-72.8K-98.9K-49.6K-72.3K-92.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.243.280.972.28
Total Volume1,723.5917374,5291,0691,859
Total OI16,994.40911,45121,17714,62716,375

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$54.30$54.0015.0%4.3%18.6%11.1%14.8%4.4%-0.4%2.1M-10.2M-72.3K0.9777.77N/AN/A5445258,4016,226
2025-12-02$54.66$54.0013.5%3.9%18.8%9.4%13.9%3.8%-1.4%2.5M-13.3M-71.3K0.3280.53N/AN/A9513048,6776,483
2025-12-03$54.78$54.0015.3%4.4%18.2%11.5%15.4%3.8%-0.9%2.9M-15.3M-76.8K2.4676.32N/AN/A4411,0849,3166,492
2025-12-04$54.63$54.0013.5%3.1%18.0%9.3%11.1%6.9%1.3%3.0M-14.6M-74.3K1.1094.81N/AN/A6877569,5686,907
2025-12-05$54.89$54.0012.4%3.5%17.0%8.1%13.0%4.9%-0.2%3.8M-18.7M-76.5K0.5784.78N/AN/A65137210,0127,092
2025-12-08$54.73$54.0012.9%3.1%16.9%8.6%11.8%4.1%1.8%4.1M-17.3M-69.5K0.93106.70N/AN/A48545310,2727,110
2025-12-09$54.91$54.0013.4%3.4%15.1%9.2%11.2%4.8%1.8%4.3M-18.5M-69.2K0.4186.88N/AN/A59424210,4807,295
2025-12-10$55.17$54.0012.7%3.6%15.1%8.4%12.3%2.4%1.2%5.4M-24.8M-69.2K3.2890.55N/AN/A17256510,8737,329
2025-12-11$54.95$54.0011.5%3.3%15.2%6.9%10.5%3.2%1.5%5.2M-20.1M-67.6K0.5792.06N/AN/A74542510,9347,604
2025-12-12$54.15$54.0012.3%3.5%14.8%8.0%13.5%6.9%2.4%3.1M-7.4M-67.2K0.6684.80N/AN/A1,15376311,0767,769
2025-12-15$54.03$54.0011.9%3.4%14.8%7.5%12.5%3.1%0.4%2.1M-3.0M-56.3K0.8389.54N/AN/A1,3311,10210,8597,956
2025-12-16$54.17$54.0011.7%3.3%14.2%7.2%11.2%2.1%0.5%1.3M-4.2M-57.5K0.4098.83N/AN/A1,12244511,2548,822
2025-12-17$53.33$54.0010.8%3.1%15.2%6.2%10.4%1.6%2.4%-693.8K11.4M-49.6K0.4692.37N/AN/A1,18554811,4399,063
2025-12-18$54.05$54.0010.6%3.0%15.9%6.0%11.5%2.9%0.9%-1.6M-2.2M-56.9K1.6290.62N/AN/A7781,26311,4529,135
2025-12-19$54.53$54.007.5%2.2%13.6%2.4%8.1%2.7%0.6%2.0M-11.8M-51.9K2.0488.74N/AN/A1,4893,04011,5489,629
2025-12-22$54.80$54.008.4%2.4%13.4%3.3%9.0%4.3%1.4%660.7K-5.9M-58.7K0.3883.73N/AN/A2,2308455,6125,839
2025-12-23$55.05$54.009.0%2.6%11.1%4.1%10.4%5.0%1.1%2.2M-11.8M-75.0K0.2475.17N/AN/A3,5508427,1886,512
2025-12-24$54.53$54.009.0%2.6%11.6%4.1%10.1%4.2%0.6%2.1M-5.8M-98.9K0.6969.64N/AN/A5994167,7626,828
2025-12-26$54.58$54.0010.5%3.0%11.6%5.9%10.9%2.4%1.8%2.1M-6.1M-97.7K1.4168.42N/AN/A4326108,2376,780
2025-12-29$54.34$54.0012.0%3.4%11.6%7.6%11.1%5.1%1.4%1.9M-3.8M-95.5K0.3568.01N/AN/A1,0103548,4847,166
2025-12-30$54.30$54.0011.7%3.4%11.6%7.3%11.6%4.7%1.0%1.8M-3.1M-97.2K0.6354.50N/AN/A5863718,6137,408
2025-12-31$53.95$54.0012.1%3.5%11.6%7.7%12.2%1.9%2.4%727.0K1.4M-92.2K2.2871.83N/AN/A5661,2938,7837,592