TQQQ Options History — May 2013

In May 2013, TQQQ traded between $0.67 and $0.79. ATM implied volatility averaged 37.4%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 0.8% (HV 20d: 36.6%). Max pain ranged from $0.58 to $0.67. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.89.

Notable Days

2013-05-14: Highest Volume — 270,912 contracts
2013-05-13: Largest IV spike — 18.7% change
2013-05-31: Highest IV Rank — 24.5%
2013-05-31: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.75	$0.67	$0.79	$0.67	$0.75
Max Pain	$0.63	$0.58	$0.67	$0.58	$0.67
ATM IV	37.4%	32.1%	42.3%	40.8%	42.3%
Expected Move	11.1%	10.1%	12.1%	11.7%	12.1%
HV 20d	36.6%	22.9%	53.2%	52.1%	26.2%
HV 60d	38.5%	36.2%	40.2%	40.0%	36.7%
IV Rank	14.1%	2.6%	24.5%	21.4%	24.5%
IV Percentile	21.6%	1.6%	45.6%	34.1%	45.6%
Term Structure	3.5%	0.3%	6.7%	0.3%	1.4%
VWIV	40.5%	37.5%	44.0%	42.3%	42.4%
Skew 25d	6.9%	4.9%	9.5%	9.5%	9.1%
Skew 10d	15.6%	11.8%	25.4%	19.5%	19.3%
Call IV 25d	36.1%	33.4%	38.6%	36.3%	38.6%
Put IV 25d	43.0%	38.9%	47.8%	45.8%	47.8%
Bid-Ask Spread %	28.16	17.74	44.27	23.48	37.52
Gamma HHI	0.16	0.07	0.57	0.07	0.11
Net GEX	537.6K	116.0K	956.7K	655.6K	116.0K
Net DEX	-30.7M	-44.0M	-16.6M	-21.7M	-16.6M
Net VEX	-76.7K	-87.7K	-65.8K	-84.4K	-80.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.14	2.57	0.74	1.89
Total Volume	127,282.909	21,120	270,912	88,992	49,440
Total OI	1,328,356.364	1,015,488	1,557,696	1,299,936	1,208,352

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
2013-05-01	$0.67	$0.58	40.8%	11.7%	52.1%	21.4%	42.3%	9.5%	0.3%	655.6K	-21.7M	-84.4K	0.74	23.48	N/A	N/A	51,072	37,920	733,536	566,400
2013-05-02	$0.69	$0.59	37.5%	10.8%	53.2%	14.2%	42.1%	7.8%	2.4%	714.4K	-29.2M	-83.2K	0.83	17.87	N/A	N/A	79,104	65,952	750,528	583,392
2013-05-03	$0.72	$0.59	35.4%	10.1%	52.9%	9.7%	40.3%	5.6%	3.4%	680.7K	-35.2M	-76.8K	1.71	19.30	N/A	N/A	98,400	167,808	751,296	607,584
2013-05-06	$0.73	$0.60	37.0%	11.1%	52.8%	13.1%	41.9%	9.0%	3.6%	640.2K	-37.0M	-74.5K	0.41	19.85	N/A	N/A	97,536	40,224	759,264	605,952
2013-05-07	$0.73	$0.60	34.9%	10.9%	52.8%	8.7%	41.0%	8.0%	3.5%	817.7K	-37.3M	-74.8K	0.94	17.74	N/A	N/A	51,936	48,960	826,464	611,904
2013-05-08	$0.74	$0.60	34.5%	11.2%	49.6%	7.8%	40.0%	8.0%	4.1%	868.0K	-39.9M	-74.7K	0.67	20.42	N/A	N/A	76,032	50,784	839,904	631,296
2013-05-09	$0.74	$0.60	34.7%	11.2%	49.6%	8.3%	38.4%	7.8%	4.1%	852.7K	-37.2M	-77.2K	1.07	20.94	N/A	N/A	38,304	40,992	830,400	668,640
2013-05-10	$0.75	$0.61	32.1%	11.1%	49.7%	2.6%	42.6%	7.1%	5.1%	810.9K	-40.7M	-75.8K	0.51	20.52	N/A	N/A	67,776	34,848	836,448	691,872
2013-05-13	$0.75	$0.60	38.1%	11.6%	42.6%	15.5%	40.3%	6.3%	4.8%	731.8K	-42.0M	-71.0K	0.27	21.79	N/A	N/A	74,688	20,256	836,736	705,888
2013-05-14	$0.76	$0.61	34.9%	11.1%	41.0%	8.7%	41.6%	5.5%	5.0%	767.3K	-44.0M	-68.7K	0.57	28.50	N/A	N/A	172,320	98,592	820,416	714,048
2013-05-15	$0.77	$0.62	36.0%	10.9%	32.2%	11.0%	38.5%	6.0%	5.7%	738.2K	-42.6M	-71.2K	0.53	31.43	N/A	N/A	77,952	41,280	799,296	758,400
2013-05-16	$0.76	$0.62	37.1%	10.7%	25.3%	13.5%	39.3%	5.2%	6.2%	709.8K	-41.6M	-70.2K	0.29	31.45	N/A	N/A	94,368	26,976	792,768	740,256
2013-05-17	$0.79	$0.62	37.6%	10.8%	23.9%	14.4%	37.5%	5.1%	6.7%	956.7K	-41.7M	-65.8K	0.24	27.04	N/A	N/A	152,640	37,152	720,576	739,968
2013-05-20	$0.78	$0.62	36.9%	10.6%	23.7%	12.9%	39.6%	4.9%	4.2%	283.5K	-24.7M	-71.7K	1.01	24.36	N/A	N/A	40,512	40,800	543,264	472,224
2013-05-21	$0.79	$0.62	39.1%	11.2%	22.9%	17.6%	42.6%	5.7%	2.3%	267.3K	-25.3M	-73.8K	2.57	29.72	N/A	N/A	21,216	54,528	555,264	492,288
2013-05-22	$0.77	$0.64	39.2%	11.2%	25.7%	18.0%	39.2%	5.2%	2.8%	217.2K	-21.7M	-77.1K	0.42	33.64	N/A	N/A	178,656	75,936	561,120	514,752
2013-05-23	$0.76	$0.67	38.3%	11.0%	26.4%	16.0%	38.8%	5.9%	3.5%	124.2K	-17.6M	-87.7K	0.40	31.74	N/A	N/A	186,240	74,208	597,888	580,608
2013-05-24	$0.76	$0.67	37.6%	10.8%	25.9%	14.5%	38.1%	7.0%	3.5%	241.2K	-18.4M	-87.1K	0.14	39.23	N/A	N/A	91,392	12,576	643,392	559,104
2013-05-28	$0.77	$0.67	39.0%	11.2%	25.5%	17.5%	40.7%	7.5%	2.4%	240.4K	-21.4M	-79.8K	1.44	38.32	N/A	N/A	23,136	33,312	613,920	563,424
2013-05-29	$0.76	$0.67	40.5%	11.6%	26.1%	20.6%	44.0%	8.0%	0.8%	175.6K	-18.8M	-81.0K	1.97	44.27	N/A	N/A	17,952	35,328	613,344	574,272
2013-05-30	$0.77	$0.67	39.7%	11.4%	25.4%	18.9%	40.8%	7.8%	0.3%	217.7K	-21.5M	-80.3K	1.04	40.35	N/A	N/A	10,368	10,752	618,048	589,344
2013-05-31	$0.75	$0.67	42.3%	12.1%	26.2%	24.5%	42.4%	9.1%	1.4%	116.0K	-16.6M	-80.4K	1.89	37.52	N/A	N/A	17,088	32,352	615,264	593,088