TQQQ Options History — July 2014

In July 2014, TQQQ traded between $1.57 and $1.72. ATM implied volatility averaged 33.9%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 5.9% (HV 20d: 28.0%). Max pain ranged from $0.96 to $1.62. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.18.

Notable Days

  • 2014-07-18: Highest Volume — 239,952 contracts
  • 2014-07-31: Largest IV spike — 25.5% change
  • 2014-07-31: Highest IV Rank — 56.8%
  • 2014-07-31: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.65$1.57$1.72$1.61$1.61
Max Pain$1.16$0.96$1.62$0.96$1.44
ATM IV33.9%25.3%44.6%26.8%44.6%
Expected Move12.5%11.8%13.0%12.4%13.0%
HV 20d28.0%19.0%39.9%19.8%39.9%
HV 60d31.1%28.6%38.4%38.4%30.7%
IV Rank25.1%0.0%56.8%0.0%56.8%
IV Percentile21.4%0.0%81.0%0.0%81.0%
Term Structure3.0%-0.5%6.3%5.8%0.4%
VWIV48.0%39.5%57.1%47.4%52.9%
Skew 25d8.7%2.5%14.4%8.5%10.1%
Skew 10d16.2%8.3%22.2%17.5%18.2%
Call IV 25d30.9%23.4%40.0%23.4%40.0%
Put IV 25d39.5%27.7%50.1%32.0%50.1%
Bid-Ask Spread %22.2311.9549.2311.9532.75
Gamma HHI0.070.040.190.070.04
Net GEX619.7K185.9K1.9M542.9K185.9K
Net DEX-97.2M-115.4M-78.0M-95.5M-78.0M
Net VEX-236.5K-265.1K-213.7K-236.7K-265.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.363.611.730.39
Total Volume96,580.36429,952239,952148,464178,320
Total OI1,447,544.7271,300,4161,635,0721,343,1361,446,624

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$1.61$0.9626.8%12.4%19.8%0.0%47.4%8.5%5.8%542.9K-95.5M-236.7K1.7311.95N/AN/A54,43294,032788,592554,544
2014-07-02$1.62$0.9625.7%12.7%19.8%0.0%46.1%6.2%6.3%499.3K-97.2M-228.0K2.4918.97N/AN/A15,55238,784796,848562,656
2014-07-03$1.65$0.9625.3%12.9%19.0%0.0%45.0%2.5%5.5%582.6K-102.9M-223.3K2.2516.50N/AN/A22,94451,696807,504567,744
2014-07-07$1.63$0.9628.6%12.7%19.3%9.7%46.0%7.8%1.1%330.3K-97.5M-238.7K0.3615.41N/AN/A62,16022,512813,696597,792
2014-07-08$1.57$0.9633.3%12.7%23.9%23.5%47.2%6.8%2.8%225.7K-83.2M-242.9K0.5518.85N/AN/A91,92050,784815,856611,520
2014-07-09$1.61$0.9633.0%12.3%24.9%22.7%46.5%11.7%2.2%669.0K-94.3M-234.9K0.7527.10N/AN/A30,62422,848857,808618,192
2014-07-10$1.60$0.9638.5%12.7%25.3%38.9%39.5%7.4%-0.5%543.7K-88.8M-254.0K0.7816.75N/AN/A36,28828,272864,192631,536
2014-07-11$1.62$0.9636.1%12.7%23.2%31.8%50.8%7.6%1.4%795.3K-99.3M-243.8K0.7022.25N/AN/A25,00817,616882,816640,272
2014-07-14$1.65$0.9635.7%12.5%23.7%30.6%52.4%9.0%2.2%1.1M-109.2M-236.3K0.9013.61N/AN/A68,59261,824896,928647,472
2014-07-15$1.64$0.9635.9%12.7%24.4%31.0%48.4%7.4%3.5%784.9K-102.6M-238.8K1.7522.37N/AN/A62,304109,296911,904668,304
2014-07-16$1.66$0.9635.1%12.7%24.4%28.9%52.0%8.8%2.5%1.0M-111.5M-245.6K2.8216.55N/AN/A39,216110,592926,400708,672
2014-07-17$1.59$0.9640.3%12.9%29.0%44.1%52.6%8.7%4.7%264.5K-80.9M-257.4K0.6926.15N/AN/A82,03256,352923,520697,488
2014-07-18$1.66$0.9633.8%12.7%32.7%24.9%51.7%12.7%1.2%1.9M-115.4M-228.7K0.5418.86N/AN/A156,24083,712933,792691,200
2014-07-21$1.66$0.0035.2%12.0%32.8%29.2%44.7%10.7%2.5%416.2K-89.3M-231.6K0.6527.28N/AN/A21,16813,824768,000532,416
2014-07-22$1.69$1.6233.1%11.8%33.2%22.9%41.5%9.0%3.5%529.7K-96.2M-225.7K1.1916.21N/AN/A35,95242,816780,816538,608
2014-07-23$1.72$1.6233.7%11.8%33.3%24.8%45.5%7.3%3.0%595.8K-102.9M-218.1K3.6115.15N/AN/A21,36077,136788,976548,304
2014-07-24$1.72$1.4634.2%12.0%33.2%26.2%0.0%14.4%2.6%460.2K-100.5M-225.8K1.0730.00N/AN/A14,49615,456791,424578,976
2014-07-25$1.70$1.4632.7%12.1%33.8%21.6%57.1%7.5%4.7%384.9K-96.0M-229.0K0.5620.02N/AN/A40,46422,464791,712578,208
2014-07-28$1.70$1.4636.6%12.4%33.8%33.2%47.2%7.5%1.2%510.6K-99.3M-213.7K0.6549.23N/AN/A25,15216,272816,048590,832
2014-07-29$1.69$1.4432.5%12.3%34.0%21.1%0.0%8.8%6.1%654.8K-97.6M-243.4K0.8122.67N/AN/A25,72820,784834,864596,256
2014-07-30$1.71$1.4435.5%12.1%32.4%30.0%46.0%10.2%2.5%644.4K-100.7M-242.7K0.6330.49N/AN/A35,37622,368842,832603,840
2014-07-31$1.61$1.4444.6%13.0%39.9%56.8%52.9%10.1%0.4%185.9K-78.0M-265.1K0.3932.75N/AN/A128,11250,208834,768611,856