QQQI Options History — February 2026

In February 2026, QQQI traded between $51.81 and $54.19. ATM implied volatility averaged 17.1%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 2.4% (HV 20d: 14.8%). Max pain ranged from $53.00 to $54.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.13.

Notable Days

  • 2026-02-17: Highest Volume — 9,666 contracts
  • 2026-02-06: Largest IV drop — 20.0% change
  • 2026-02-05: Highest IV Rank — 17.0%
  • 2026-02-23: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.72$51.81$54.19$54.19$52.31
Max Pain$53.53$53.00$54.00$54.00$53.00
ATM IV17.1%14.1%20.0%14.1%18.5%
Expected Move4.9%4.0%5.4%4.0%5.3%
HV 20d14.8%10.2%17.0%10.2%17.0%
HV 60d13.4%12.4%14.0%13.5%13.0%
IV Rank13.6%10.0%17.0%10.0%15.2%
IV Percentile74.4%64.7%84.5%64.7%79.0%
Term Structure-1.2%-5.5%4.1%-0.1%-5.5%
VWIV16.9%13.8%20.6%13.8%16.9%
Skew 25d6.1%3.9%9.1%3.9%7.3%
Skew 10d11.5%7.0%17.9%11.0%12.9%
Call IV 25d13.7%11.7%15.2%11.7%14.2%
Put IV 25d19.8%15.6%24.2%15.6%21.6%
Bid-Ask Spread %75.2759.9489.4782.7569.47
Gamma HHI0.260.150.640.240.16
Net GEX-3.3M-11.8M560.0K560.0K-921.1K
Net DEX20.1M-175.2K41.6M-175.2K11.0M
Net VEX-104.7K-126.2K-75.4K-126.2K-117.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.302.570.731.00
Total Volume3,046.2111,0019,6661,7341,361
Total OI28,608.84218,95536,66025,83325,404

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$54.19$54.0014.1%4.0%10.2%10.0%13.8%3.9%-0.1%560.0K-175.2K-126.2K0.7382.75N/AN/A1,00572913,25712,576
2026-02-03$53.42$54.0016.5%4.7%11.2%12.8%15.3%4.0%-1.0%-1.4M13.6M-115.3K1.4884.59N/AN/A1,1541,71113,34612,773
2026-02-04$52.81$54.0017.1%4.9%11.6%13.6%19.0%4.4%-0.9%-3.0M26.3M-111.1K0.5080.92N/AN/A2,3071,15013,13213,839
2026-02-05$51.97$54.0020.0%5.4%12.6%17.0%18.6%6.2%-1.7%-3.0M38.1M-104.1K1.3775.61N/AN/A7551,03513,48614,597
2026-02-06$53.05$54.0016.0%4.4%15.0%12.3%15.2%4.9%-0.1%-3.6M23.4M-106.2K0.3983.33N/AN/A1,85973113,56214,909
2026-02-09$53.48$54.0015.0%4.3%15.0%11.1%13.8%4.5%-0.3%-3.3M14.9M-108.5K0.5974.91N/AN/A1,11365613,98114,980
2026-02-10$53.30$54.0015.7%4.3%15.0%11.9%14.7%4.9%0.0%-3.5M18.0M-105.8K0.6689.47N/AN/A1,04968914,27815,194
2026-02-11$53.41$54.0015.0%4.3%15.0%11.2%14.5%4.0%0.1%-3.6M15.0M-104.1K1.0686.67N/AN/A48551614,96615,492
2026-02-12$52.44$54.0018.0%5.1%16.1%14.6%15.3%5.1%-1.4%-4.8M31.9M-95.4K0.6275.29N/AN/A1,14870715,10815,679
2026-02-13$52.39$54.0016.9%4.8%16.0%13.3%17.5%5.3%-0.6%-6.1M34.8M-89.2K1.4375.82N/AN/A1,8172,59615,08416,041
2026-02-17$52.47$53.0017.5%5.0%16.0%14.1%17.0%5.4%-0.9%-11.8M32.1M-75.4K0.5072.17N/AN/A6,4253,24115,99517,690
2026-02-18$52.22$53.0018.6%5.3%14.7%15.4%20.2%8.5%-2.4%-6.9M41.6M-85.5K2.5277.85N/AN/A1,2993,27618,57817,162
2026-02-19$51.95$53.0018.3%5.2%14.8%15.0%18.8%7.9%4.1%-7.3M35.8M-97.8K1.8967.80N/AN/A1,5182,87619,64116,982
2026-02-20$52.45$53.0018.5%5.3%15.2%15.2%17.3%7.8%-2.6%-1.3M14.4M-99.0K1.3666.59N/AN/A1,5932,16320,22316,437
2026-02-23$51.81$53.0018.9%5.4%15.5%15.8%20.6%9.1%-3.7%-846.4K14.5M-96.2K1.7859.94N/AN/A1,6372,9219,3849,571
2026-02-24$52.45$53.0018.9%5.4%16.2%15.7%17.5%7.4%-2.8%-1.0M9.3M-113.5K0.7765.12N/AN/A95773410,42711,783
2026-02-25$53.08$53.0016.3%4.7%16.7%12.6%15.5%8.3%-2.0%-235.0K1.1M-115.0K0.3070.79N/AN/A1,95058911,09112,154
2026-02-26$52.53$53.0015.5%4.5%17.0%11.8%19.3%7.5%-0.9%-368.3K7.2M-124.1K2.5771.08N/AN/A5951,53112,56512,201
2026-02-27$52.31$53.0018.5%5.3%17.0%15.2%16.9%7.3%-5.5%-921.1K11.0M-117.3K1.0069.47N/AN/A68168012,71312,691