TQQQ Options History — March 2012

In March 2012, TQQQ traded between $0.52 and $0.64. ATM implied volatility averaged 43.0%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 9.5% (HV 20d: 33.6%). Max pain ranged from $0.47 to $0.57. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2012-03-13: Highest Volume — 346,176 contracts
  • 2012-03-06: Largest IV spike — 15.6% change
  • 2012-03-06: Highest IV Rank — 14.1%
  • 2012-03-06: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.59$0.52$0.64$0.55$0.62
Max Pain$0.54$0.47$0.57$0.48$0.57
ATM IV43.0%38.3%50.4%43.4%43.1%
Expected Move12.8%11.5%15.0%12.4%12.4%
HV 20d33.6%29.5%36.6%29.5%35.2%
HV 60d35.1%29.5%41.5%40.5%29.7%
IV Rank7.4%3.1%14.1%7.7%7.5%
IV Percentile10.9%0.4%32.5%8.7%12.7%
Term Structure5.0%2.7%7.7%4.3%2.7%
VWIV47.1%41.7%55.6%45.3%42.7%
Skew 25d12.0%8.5%16.8%9.0%10.7%
Skew 10d24.8%17.2%35.3%20.6%23.0%
Call IV 25d39.7%36.3%45.8%39.5%38.7%
Put IV 25d51.7%46.3%62.6%48.6%49.5%
Bid-Ask Spread %30.3817.7167.2867.2836.32
Gamma HHI0.070.040.190.120.05
Net GEX195.9K-205.5K421.6K-51.4K314.5K
Net DEX-22.5M-37.1M-11.9M-20.5M-20.7M
Net VEX-69.7K-80.1K-62.0K-68.4K-80.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.182.371.350.80
Total Volume154,010.18253,568346,176177,02453,568
Total OI1,709,044.3641,143,1682,304,5761,769,0881,602,816

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-03-01$0.55$0.4843.4%12.4%29.5%7.7%45.3%9.0%4.3%-51.4K-20.5M-68.4K1.3567.28N/AN/A75,264101,760752,2561,016,832
2012-03-02$0.55$0.4740.9%11.7%29.8%5.4%41.7%8.5%5.7%149.9K-23.1M-66.0K0.6361.46N/AN/A59,13637,056791,424984,768
2012-03-05$0.53$0.5343.6%14.1%30.8%7.9%49.5%14.6%5.2%47.2K-17.1M-66.0K1.6028.35N/AN/A45,50472,768772,4161,002,816
2012-03-06$0.52$0.5350.4%15.0%33.0%14.1%55.6%16.8%5.4%-7.0K-11.9M-68.8K2.3729.47N/AN/A42,240100,224795,2641,028,928
2012-03-07$0.53$0.5348.1%14.5%33.7%11.9%52.7%15.5%6.4%21.7K-15.7M-67.2K0.5924.68N/AN/A104,06461,248806,5921,052,352
2012-03-08$0.55$0.5343.7%13.7%34.8%7.9%49.8%14.4%6.0%137.3K-20.4M-70.4K0.7822.46N/AN/A111,16886,208859,7761,089,792
2012-03-09$0.55$0.5240.3%13.3%34.3%4.8%48.3%13.8%7.1%141.8K-23.1M-70.6K0.9528.22N/AN/A92,92888,512901,8241,137,024
2012-03-12$0.55$0.5242.3%13.2%32.9%6.7%51.5%13.8%7.6%243.6K-24.8M-65.7K0.7223.46N/AN/A93,12067,200934,4641,155,840
2012-03-13$0.59$0.5238.3%12.5%36.6%3.1%48.8%12.9%5.0%320.3K-33.9M-62.3K1.5023.56N/AN/A138,624207,552882,0481,210,176
2012-03-14$0.59$0.5341.3%13.3%36.6%5.8%47.0%12.2%5.3%279.6K-34.3M-62.0K0.4917.71N/AN/A159,36077,952875,1361,273,536
2012-03-15$0.60$0.5445.4%13.0%34.9%9.5%49.5%12.0%6.8%329.0K-37.1M-63.6K1.7218.93N/AN/A68,160117,312943,2961,307,520
2012-03-16$0.60$0.5443.5%12.5%32.9%7.8%43.1%11.5%7.7%-205.5K-33.2M-65.5K0.3723.18N/AN/A226,36883,136917,9521,386,624
2012-03-19$0.61$0.5442.9%12.3%32.8%7.2%43.7%11.6%5.0%192.3K-16.3M-65.9K0.4423.84N/AN/A97,15243,008567,744575,424
2012-03-20$0.61$0.5542.3%12.1%32.8%6.7%45.7%11.1%4.5%216.8K-16.5M-70.2K1.0325.01N/AN/A38,20839,360588,288602,880
2012-03-21$0.61$0.5542.0%12.0%32.0%6.4%47.7%11.4%3.9%236.2K-17.2M-69.5K1.2327.43N/AN/A70,08086,208604,416618,048
2012-03-22$0.61$0.5544.1%12.6%32.2%8.3%47.9%11.8%3.8%243.1K-16.8M-74.9K0.9026.33N/AN/A70,65663,936654,144659,712
2012-03-23$0.61$0.5642.5%12.2%32.3%6.9%43.8%10.8%3.7%286.8K-17.2M-77.6K0.7233.06N/AN/A40,89629,568694,848675,264
2012-03-26$0.64$0.5639.9%11.5%35.9%4.6%42.9%10.0%3.5%421.6K-25.5M-70.4K1.1031.16N/AN/A48,00052,800715,776688,512
2012-03-27$0.64$0.5742.2%12.1%35.1%6.6%46.9%10.6%3.3%372.8K-25.2M-72.5K1.2833.45N/AN/A48,38461,824714,816715,968
2012-03-28$0.63$0.5743.6%12.5%35.0%7.9%48.5%10.9%3.2%328.4K-23.0M-76.2K1.7033.53N/AN/A52,41689,280727,680748,416
2012-03-29$0.63$0.5743.3%12.4%35.0%7.6%43.4%10.3%3.1%291.2K-21.4M-79.6K0.1829.60N/AN/A72,76813,248753,984811,584
2012-03-30$0.62$0.5743.1%12.4%35.2%7.5%42.7%10.7%2.7%314.5K-20.7M-80.1K0.8036.32N/AN/A29,76023,808788,736814,080