QQQI Options History — January 2026

In January 2026, QQQI traded between $53.38 and $54.75. ATM implied volatility averaged 13.2%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 2.4% (HV 20d: 10.8%). Max pain ranged from $54.00 to $55.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.80.

Notable Days

  • 2026-01-20: Highest Volume — 4,421 contracts
  • 2026-01-09: Largest IV drop — 28.5% change
  • 2026-01-21: Highest IV Rank — 12.2%
  • 2026-01-21: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.17$53.38$54.75$53.78$53.85
Max Pain$54.05$54.00$55.00$55.00$54.00
ATM IV13.2%9.1%15.9%12.0%14.9%
Expected Move3.9%3.4%4.6%3.4%4.3%
HV 20d10.8%9.5%12.0%11.6%10.0%
HV 60d14.2%13.7%15.3%15.3%13.8%
IV Rank9.0%4.2%12.2%7.6%11.0%
IV Percentile55.3%14.7%71.0%44.8%68.3%
Term Structure0.3%-5.0%1.9%1.6%0.3%
VWIV13.4%11.9%15.3%11.9%14.6%
Skew 25d3.6%1.7%5.5%2.9%5.3%
Skew 10d9.1%1.8%16.0%7.8%11.6%
Call IV 25d11.8%11.1%13.4%11.2%12.2%
Put IV 25d15.4%13.3%17.8%14.1%17.6%
Bid-Ask Spread %83.4070.8595.4577.7990.15
Gamma HHI0.240.170.390.210.22
Net GEX880.9K-1.3M4.5M-135.4K-95.4K
Net DEX851.4K-11.2M12.6M7.8M5.3M
Net VEX-113.9K-137.9K-93.3K-95.7K-130.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.261.331.330.73
Total Volume2,100.41,1604,4212,3991,333
Total OI22,625.217,32925,70417,94525,651

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$53.78$55.0012.0%3.4%11.6%7.6%11.9%2.9%1.6%-135.4K7.8M-95.7K1.3377.79N/AN/A1,0291,3709,1018,844
2026-01-05$54.11$54.0011.8%4.1%11.8%7.4%13.7%3.8%1.0%100.9K4.5M-93.3K0.5895.45N/AN/A1,5138739,2329,523
2026-01-06$54.41$54.0013.0%3.9%11.8%8.8%12.5%2.0%-5.0%1.1M-2.1M-93.9K0.4689.10N/AN/A1,22756410,25210,088
2026-01-07$54.44$54.0012.8%4.1%11.8%8.6%13.9%3.0%-0.2%1.9M-3.0M-102.6K0.2687.39N/AN/A2,69771410,92110,190
2026-01-08$54.25$54.0012.7%3.8%11.8%8.4%12.8%2.7%0.9%1.7M930.0K-116.9K0.6782.56N/AN/A94763412,82210,562
2026-01-09$54.69$54.009.1%3.5%12.0%4.2%12.5%1.7%1.5%3.5M-11.2M-113.0K1.1883.12N/AN/A79694212,56510,938
2026-01-12$54.75$54.0011.3%3.4%12.0%6.7%12.4%2.8%1.9%4.5M-10.3M-111.0K0.7880.96N/AN/A70554712,87510,969
2026-01-13$54.55$54.0010.8%3.6%10.8%6.1%12.7%2.9%1.1%3.9M-3.6M-109.9K1.0184.41N/AN/A1,2691,27813,22711,194
2026-01-14$54.16$54.0013.6%3.9%11.1%9.5%13.6%3.7%0.6%-283.0K5.9M-104.8K1.1487.74N/AN/A1,0581,20913,47611,527
2026-01-15$54.39$54.0012.6%3.6%11.2%8.3%12.6%2.7%0.6%167.1K3.3M-105.2K0.5587.06N/AN/A86647413,29912,026
2026-01-16$54.39$54.0012.2%3.5%9.5%7.9%12.5%1.8%1.0%-359.7K-2.4M-100.5K1.0384.03N/AN/A57158913,48311,200
2026-01-20$53.38$54.0015.7%4.5%10.7%11.9%15.3%4.1%0.0%-1.3M11.6M-95.3K1.1287.31N/AN/A2,0852,3368,8958,434
2026-01-21$53.41$54.0015.9%4.6%10.1%12.2%14.2%5.4%0.1%-1.2M12.6M-118.9K0.4586.89N/AN/A1,9488849,60410,529
2026-01-22$53.67$54.0013.7%3.9%10.1%9.6%13.6%4.1%1.0%-703.0K8.2M-124.4K0.5382.41N/AN/A81843410,32810,817
2026-01-23$53.86$54.0013.9%4.0%10.0%9.8%12.6%4.1%0.4%-380.6K4.4M-119.6K0.3476.79N/AN/A1,96765910,85110,877
2026-01-26$54.14$54.0014.0%4.0%9.7%10.0%15.0%5.5%-0.4%916.1K992.7K-132.5K1.3076.99N/AN/A9651,25412,10311,179
2026-01-27$54.41$54.0014.7%4.2%9.9%10.8%12.8%4.3%-0.0%1.3M-5.4M-137.1K0.4673.94N/AN/A1,34662012,54811,560
2026-01-28$54.50$54.0014.7%4.2%9.8%10.7%14.2%4.4%-0.0%1.9M-8.6M-137.9K1.0770.85N/AN/A75080413,33911,771
2026-01-29$54.20$54.0014.4%4.1%10.0%10.4%13.5%4.6%0.0%1.1M-2.1M-134.8K1.0783.00N/AN/A93699713,61612,088
2026-01-30$53.85$54.0014.9%4.3%10.0%11.0%14.6%5.3%0.3%-95.4K5.3M-130.2K0.7390.15N/AN/A77256113,27212,379