TQQQ Options History — April 2013

In April 2013, TQQQ traded between $0.58 and $0.68. ATM implied volatility averaged 39.8%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 0.7% (HV 20d: 40.5%). Max pain ranged from $0.54 to $0.61. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.81.

Notable Days

2013-04-19: Highest Volume — 285,024 contracts
2013-04-15: Largest IV spike — 21.1% change
2013-04-18: Highest IV Rank — 43.7%
2013-04-18: Largest Expected Move — 14.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.63	$0.58	$0.68	$0.62	$0.68
Max Pain	$0.58	$0.54	$0.61	$0.57	$0.58
ATM IV	39.8%	31.8%	51.2%	35.6%	39.4%
Expected Move	11.6%	9.8%	14.7%	10.2%	11.3%
HV 20d	40.5%	25.1%	52.9%	26.9%	52.9%
HV 60d	37.1%	31.7%	41.7%	31.7%	41.4%
IV Rank	19.1%	2.0%	43.7%	10.1%	18.3%
IV Percentile	27.1%	0.8%	67.5%	7.9%	28.6%
Term Structure	1.2%	-1.9%	4.8%	3.3%	1.1%
VWIV	42.0%	35.3%	53.8%	36.0%	41.5%
Skew 25d	10.0%	8.1%	13.6%	9.2%	9.5%
Skew 10d	20.4%	16.6%	29.4%	18.3%	21.4%
Call IV 25d	36.1%	30.2%	45.9%	32.5%	35.0%
Put IV 25d	46.1%	39.1%	58.6%	41.6%	44.5%
Bid-Ask Spread %	22.60	17.55	30.32	23.99	20.08
Gamma HHI	0.11	0.07	0.38	0.15	0.07
Net GEX	556.0K	-113.3K	876.3K	629.1K	699.6K
Net DEX	-15.3M	-26.2M	295.1K	-13.5M	-24.4M
Net VEX	-70.3K	-83.3K	-59.8K	-70.9K	-83.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.08	3.19	0.48	0.76
Total Volume	136,852.364	52,608	285,024	123,168	100,704
Total OI	1,159,409.455	877,344	1,330,176	1,078,176	1,280,928

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-04-01	$0.62	$0.57	35.6%	10.2%	26.9%	10.1%	36.0%	9.2%	3.3%	629.1K	-13.5M	-70.9K	0.48	23.99	N/A	N/A	83,040	40,128	658,080	420,096
2013-04-02	$0.64	$0.57	34.1%	9.8%	27.5%	7.0%	35.3%	8.9%	4.8%	658.1K	-18.0M	-68.7K	0.28	25.96	N/A	N/A	124,704	35,136	660,192	428,832
2013-04-03	$0.62	$0.57	37.9%	10.9%	25.2%	15.2%	38.9%	9.5%	2.0%	473.6K	-13.2M	-69.9K	0.67	29.10	N/A	N/A	38,208	25,536	650,880	437,184
2013-04-04	$0.62	$0.57	38.1%	10.9%	25.1%	15.5%	39.2%	8.9%	2.6%	540.6K	-13.4M	-69.2K	1.51	22.68	N/A	N/A	37,440	56,544	666,624	431,328
2013-04-05	$0.60	$0.61	39.1%	11.8%	26.4%	17.7%	41.5%	13.6%	1.9%	392.4K	-8.9M	-66.7K	1.07	19.32	N/A	N/A	62,592	66,816	678,816	451,200
2013-04-08	$0.61	$0.60	37.8%	11.4%	27.0%	14.8%	41.8%	11.4%	2.1%	509.9K	-12.2M	-64.6K	3.19	19.38	N/A	N/A	17,184	54,816	695,616	463,584
2013-04-09	$0.63	$0.60	36.6%	11.2%	27.7%	12.3%	40.4%	10.2%	1.9%	660.1K	-16.2M	-64.7K	0.08	25.02	N/A	N/A	91,200	7,008	697,632	452,832
2013-04-10	$0.66	$0.60	31.8%	10.5%	34.0%	2.0%	40.0%	10.3%	2.6%	875.3K	-25.9M	-59.8K	1.04	18.57	N/A	N/A	79,200	82,560	683,040	451,296
2013-04-11	$0.66	$0.60	36.7%	10.5%	34.0%	12.5%	39.4%	8.3%	2.2%	843.5K	-26.1M	-62.8K	0.53	21.36	N/A	N/A	81,120	43,296	696,768	478,080
2013-04-12	$0.66	$0.61	37.1%	10.7%	33.9%	13.5%	37.8%	8.4%	1.1%	876.3K	-26.2M	-64.6K	0.32	21.58	N/A	N/A	68,352	21,696	712,992	499,392
2013-04-15	$0.62	$0.61	45.0%	12.9%	40.9%	30.4%	47.0%	10.4%	-0.8%	499.1K	-13.3M	-68.8K	0.73	19.40	N/A	N/A	93,888	68,928	734,688	506,976
2013-04-16	$0.65	$0.58	41.4%	11.9%	43.3%	22.7%	45.2%	8.1%	0.8%	845.4K	-22.0M	-71.3K	1.27	19.47	N/A	N/A	28,320	35,904	761,568	542,880
2013-04-17	$0.61	$0.58	47.9%	13.7%	48.7%	36.7%	47.5%	10.9%	-1.2%	384.4K	-7.8M	-70.8K	0.51	19.85	N/A	N/A	153,696	78,048	758,880	561,984
2013-04-18	$0.58	$0.56	51.2%	14.7%	50.4%	43.7%	53.8%	12.7%	-1.9%	-113.3K	295.1K	-66.0K	1.19	26.74	N/A	N/A	121,728	144,576	731,904	567,168
2013-04-19	$0.61	$0.57	44.5%	12.8%	51.6%	29.3%	46.8%	12.0%	0.2%	702.0K	-6.3M	-66.8K	0.34	21.04	N/A	N/A	212,160	72,864	736,032	594,144
2013-04-22	$0.63	$0.54	43.0%	12.3%	51.8%	26.1%	46.5%	10.5%	0.2%	374.4K	-9.7M	-67.5K	0.92	23.58	N/A	N/A	102,240	94,560	518,208	359,136
2013-04-23	$0.64	$0.57	40.1%	11.5%	52.6%	19.8%	42.3%	9.4%	0.8%	428.7K	-13.8M	-73.5K	0.86	30.32	N/A	N/A	76,224	65,856	574,848	426,528
2013-04-24	$0.64	$0.57	40.2%	11.5%	52.4%	20.0%	42.4%	9.7%	0.6%	422.9K	-13.7M	-76.1K	0.23	28.41	N/A	N/A	59,808	13,632	595,488	451,776
2013-04-25	$0.65	$0.57	39.2%	11.2%	52.7%	17.9%	44.0%	9.0%	1.1%	512.3K	-17.2M	-77.9K	1.22	17.55	N/A	N/A	74,400	91,104	632,544	457,248
2013-04-26	$0.65	$0.57	39.4%	11.3%	52.8%	18.4%	38.4%	9.1%	0.9%	460.8K	-15.4M	-82.7K	0.20	23.92	N/A	N/A	43,680	8,928	666,624	526,368
2013-04-29	$0.66	$0.57	38.8%	11.1%	52.9%	17.0%	38.7%	9.7%	1.2%	556.1K	-19.9M	-79.8K	0.50	19.97	N/A	N/A	102,144	50,784	676,128	530,496
2013-04-30	$0.68	$0.58	39.4%	11.3%	52.9%	18.3%	41.5%	9.5%	1.1%	699.6K	-24.4M	-83.3K	0.76	20.08	N/A	N/A	57,120	43,584	732,096	548,832