TQQQ Options History — April 2014

In April 2014, TQQQ traded between $1.12 and $1.36. ATM implied volatility averaged 50.4%, placing in the 69.6% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded below realized volatility by 7.8% (HV 20d: 58.2%). Max pain ranged from $1.03 to $1.04. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2014-04-07: Highest Volume — 380,256 contracts
  • 2014-04-04: Largest IV spike — 25.2% change
  • 2014-04-11: Highest IV Rank — 100.0%
  • 2014-04-14: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.23$1.12$1.36$1.35$1.25
Max Pain$1.04$1.03$1.04$1.04$1.03
ATM IV50.4%41.0%59.2%41.0%47.7%
Expected Move14.6%13.8%15.2%14.1%14.5%
HV 20d58.2%40.2%66.0%40.2%63.0%
HV 60d48.3%43.0%50.9%43.1%47.5%
IV Rank69.6%37.0%100.0%37.0%60.2%
IV Percentile90.2%69.8%100.0%69.8%86.9%
Term Structure-1.8%-6.0%2.2%2.1%-0.8%
VWIV53.3%44.5%61.2%52.0%54.7%
Skew 25d11.3%7.0%15.3%8.1%10.5%
Skew 10d21.9%12.1%33.2%17.7%20.7%
Call IV 25d44.9%37.9%53.4%39.0%43.3%
Put IV 25d56.2%45.7%67.2%47.1%53.9%
Bid-Ask Spread %16.6410.3028.5313.8920.80
Gamma HHI0.080.040.480.050.05
Net GEX1.5M865.7K4.1M1.6M1.5M
Net DEX-49.2M-83.6M-14.7M-80.0M-59.9M
Net VEX-333.5K-362.4K-320.3K-332.0K-330.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.172.470.970.73
Total Volume156,614.85728,080380,256135,93628,080
Total OI2,003,204.5711,676,8802,535,6481,688,2561,819,968

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$1.35$1.0441.0%14.1%40.2%37.0%0.0%8.1%2.1%1.6M-80.0M-332.0K0.9713.89N/AN/A68,92867,0081,190,208498,048
2014-04-02$1.36$1.0441.6%13.8%40.2%39.1%52.0%7.9%0.8%1.6M-83.6M-331.2K2.4712.09N/AN/A45,600112,6081,208,064528,000
2014-04-03$1.33$1.0442.7%14.8%40.9%43.1%56.5%7.0%2.2%1.5M-71.4M-340.7K0.7613.42N/AN/A33,98425,9681,224,384576,576
2014-04-04$1.22$1.0453.5%14.7%49.6%80.5%49.0%11.9%-0.4%865.7K-41.4M-338.1K0.2919.15N/AN/A262,60875,2161,238,496590,784
2014-04-07$1.19$1.0457.0%14.5%50.1%92.7%51.1%11.3%-2.1%1.1M-31.0M-336.6K0.2410.30N/AN/A305,90474,3521,405,392613,824
2014-04-08$1.22$1.0450.7%14.9%51.7%70.8%51.4%11.8%-2.5%1.8M-42.6M-351.0K0.5317.97N/AN/A62,59233,4561,578,144655,872
2014-04-09$1.28$1.0446.4%14.4%55.2%55.9%0.0%10.6%-1.2%2.7M-70.4M-362.4K0.2617.54N/AN/A106,94427,7441,595,664662,928
2014-04-10$1.16$1.0455.6%15.0%62.9%88.1%55.8%12.9%-4.4%1.0M-24.8M-336.2K0.2113.70N/AN/A232,32049,8241,575,648669,216
2014-04-11$1.12$1.0459.2%15.1%63.5%100.0%52.4%13.8%-5.8%899.8K-14.7M-330.9K0.4019.08N/AN/A130,32052,3201,674,960687,552
2014-04-14$1.15$1.0457.1%15.2%63.2%92.5%52.8%15.3%-3.7%908.6K-18.2M-320.3K0.5220.63N/AN/A91,92048,2401,709,808698,736
2014-04-15$1.16$1.0359.0%15.2%61.5%99.3%61.2%13.5%-6.0%1.2M-23.0M-324.8K0.5723.03N/AN/A175,34499,2161,734,576714,816
2014-04-16$1.20$1.0354.1%14.6%63.7%82.3%56.4%12.6%-4.4%2.0M-44.9M-332.5K0.5113.99N/AN/A106,89654,8161,748,640759,024
2014-04-17$1.20$1.0349.8%15.1%63.6%67.4%54.8%11.6%-1.2%4.1M-49.7M-323.5K0.9511.39N/AN/A174,864166,1281,765,056770,592
2014-04-21$1.23$1.0349.4%14.5%63.4%66.0%60.2%11.9%-1.0%1.3M-52.1M-326.2K0.1713.03N/AN/A74,40012,4801,173,600503,280
2014-04-22$1.26$1.0345.5%14.4%63.6%52.6%50.0%10.7%-0.6%1.5M-61.7M-330.6K0.8612.63N/AN/A70,32060,3361,190,688510,768
2014-04-23$1.23$1.0448.1%14.5%64.1%61.3%44.5%11.2%-1.4%1.3M-52.4M-330.0K1.1320.66N/AN/A24,76828,0321,179,936525,072
2014-04-24$1.26$1.0446.4%14.2%63.7%55.7%51.6%11.3%-0.5%1.4M-60.1M-329.5K0.5028.53N/AN/A45,07222,3681,188,528542,544
2014-04-25$1.20$1.0450.9%14.9%65.8%71.1%0.0%11.0%-1.4%1.2M-45.6M-331.3K0.3114.99N/AN/A65,80820,4961,210,368549,072
2014-04-28$1.22$1.0453.0%14.3%65.9%78.4%53.4%10.6%-4.3%1.3M-49.1M-330.5K0.3919.04N/AN/A69,21626,7361,236,288555,696
2014-04-29$1.24$1.0349.6%14.4%66.0%66.8%50.8%11.9%-1.2%1.5M-57.1M-335.0K0.5513.66N/AN/A35,85619,8241,244,016562,464
2014-04-30$1.25$1.0347.7%14.5%63.0%60.2%54.7%10.5%-0.8%1.5M-59.9M-330.9K0.7320.80N/AN/A16,22411,8561,247,520572,448