TQQQ Options History — February 2012

In February 2012, TQQQ traded between $0.46 and $0.55. ATM implied volatility averaged 46.5%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 19.2% (HV 20d: 27.3%). Max pain ranged from $0.40 to $0.48. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 1.31.

Notable Days

  • 2012-02-15: Highest Volume — 593,280 contracts
  • 2012-02-09: Largest IV spike — 11.5% change
  • 2012-02-15: Highest IV Rank — 18.7%
  • 2012-02-15: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.51$0.46$0.55$0.46$0.54
Max Pain$0.43$0.40$0.48$0.40$0.48
ATM IV46.5%40.1%55.6%45.7%45.4%
Expected Move13.7%12.5%15.9%13.1%13.0%
HV 20d27.3%24.1%30.1%24.1%29.5%
HV 60d53.2%40.4%62.0%61.7%40.5%
IV Rank10.5%4.7%18.7%9.8%9.5%
IV Percentile18.5%2.4%42.9%15.5%14.3%
Term Structure5.9%2.8%9.1%4.4%4.0%
VWIV50.8%45.3%57.6%52.2%49.8%
Skew 25d12.6%9.4%16.7%9.9%11.3%
Skew 10d26.9%19.4%43.0%19.4%23.6%
Call IV 25d42.3%34.6%48.7%41.8%42.0%
Put IV 25d54.9%48.4%65.4%51.7%53.3%
Bid-Ask Spread %39.5524.9061.5850.9059.23
Gamma HHI0.110.050.470.060.18
Net GEX149.6K-462.2K374.6K374.6K-140.2K
Net DEX-22.0M-29.9M-15.9M-17.8M-16.5M
Net VEX-60.9K-68.4K-56.4K-59.7K-66.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.174.521.410.87
Total Volume162,729.668,928593,280153,408235,392
Total OI1,650,355.21,283,9042,442,0481,418,3041,609,728

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-02-01$0.46$0.4045.7%13.1%24.1%9.8%52.2%9.9%4.4%374.6K-17.8M-59.7K1.4150.90N/AN/A63,55289,856780,480637,824
2012-02-02$0.46$0.4045.2%13.0%24.1%9.4%48.6%9.9%5.0%367.3K-18.7M-60.6K2.0953.63N/AN/A35,13673,344790,080684,096
2012-02-03$0.48$0.4140.1%13.7%25.8%4.7%52.3%12.1%6.7%355.2K-23.0M-59.1K1.1627.72N/AN/A60,67270,080799,488723,456
2012-02-06$0.48$0.4142.2%14.1%26.1%6.6%50.7%12.3%5.2%326.1K-21.9M-58.0K0.1726.93N/AN/A77,76013,248789,120760,320
2012-02-07$0.49$0.4141.7%13.9%25.3%6.1%50.5%12.9%5.6%357.6K-23.9M-57.5K0.8428.48N/AN/A63,93653,568821,184764,544
2012-02-08$0.49$0.4242.8%13.9%25.1%7.2%51.7%12.3%6.4%328.6K-25.9M-59.4K0.4527.04N/AN/A89,47240,704860,928800,256
2012-02-09$0.50$0.4247.7%13.7%25.4%11.6%49.7%12.4%6.7%230.5K-28.8M-56.4K0.8429.82N/AN/A78,91266,432857,472819,072
2012-02-10$0.49$0.4251.5%14.8%28.0%15.0%56.4%14.1%5.2%225.0K-23.9M-65.2K0.9524.90N/AN/A48,19245,696873,408868,416
2012-02-13$0.51$0.4250.2%14.4%27.4%13.8%49.5%13.2%7.6%168.1K-28.5M-59.8K0.3231.75N/AN/A102,33632,640886,848880,320
2012-02-14$0.51$0.4251.0%14.6%26.8%14.6%56.8%14.0%7.8%246.3K-29.9M-58.2K1.7829.44N/AN/A83,712148,800902,400894,144
2012-02-15$0.50$0.4355.6%15.9%27.2%18.7%57.6%16.7%5.3%344.6K-24.5M-63.6K1.7832.39N/AN/A213,120380,160960,000989,760
2012-02-16$0.52$0.4350.5%14.5%29.4%14.1%53.0%15.1%8.0%-293.0K-25.6M-68.4K0.5032.22N/AN/A177,98489,2801,115,5201,326,528
2012-02-17$0.52$0.4447.8%13.7%29.6%11.7%49.3%13.6%9.1%-462.2K-24.6M-64.7K1.4939.53N/AN/A51,64877,1841,122,0481,247,232
2012-02-21$0.52$0.4447.3%13.6%29.5%11.3%52.6%12.9%4.8%135.1K-16.7M-56.5K0.5236.98N/AN/A83,13642,816606,720677,184
2012-02-22$0.51$0.4446.2%13.3%30.1%10.3%51.0%12.4%7.0%123.5K-15.9M-62.0K4.5241.43N/AN/A12,48056,448640,512704,832
2012-02-23$0.52$0.4543.7%12.5%28.4%8.0%46.1%10.3%5.9%118.1K-17.6M-58.1K0.8346.82N/AN/A40,70433,600643,008746,304
2012-02-24$0.53$0.4543.5%12.5%27.6%7.8%45.3%9.8%5.2%113.3K-18.2M-60.8K1.5054.09N/AN/A29,37644,160652,032762,048
2012-02-27$0.53$0.4546.4%13.3%27.6%10.4%45.7%9.4%2.8%102.6K-18.6M-59.8K2.8656.10N/AN/A46,464132,864662,208781,824
2012-02-28$0.55$0.4745.0%12.9%28.4%9.2%46.2%16.7%4.6%-29.4K-19.6M-62.9K1.3961.58N/AN/A71,04098,688667,392898,368
2012-02-29$0.54$0.4845.4%13.0%29.5%9.5%49.8%11.3%4.0%-140.2K-16.5M-66.8K0.8759.23N/AN/A125,568109,824659,904949,824