TQQQ Options History — August 2014

In August 2014, TQQQ traded between $1.56 and $1.85. ATM implied volatility averaged 36.6%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 1.9% (HV 20d: 34.7%). Max pain ranged from $1.25 to $1.35. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.35.

Notable Days

  • 2014-08-18: Highest Volume — 220,896 contracts
  • 2014-08-13: Largest IV drop — 24.0% change
  • 2014-08-05: Highest IV Rank — 61.7%
  • 2014-08-06: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.72$1.56$1.85$1.59$1.85
Max Pain$1.29$1.25$1.35$1.25$1.35
ATM IV36.6%30.1%46.3%44.0%30.8%
Expected Move12.7%11.3%13.7%13.4%11.3%
HV 20d34.7%20.8%40.1%39.4%20.8%
HV 60d29.6%28.3%31.4%30.8%28.3%
IV Rank33.1%14.1%61.7%55.1%16.1%
IV Percentile33.4%2.4%84.1%78.2%4.4%
Term Structure3.8%0.4%8.0%0.4%3.8%
VWIV43.5%37.9%52.4%40.5%42.8%
Skew 25d9.9%5.5%15.1%15.1%5.5%
Skew 10d18.2%5.6%25.7%25.7%12.4%
Call IV 25d32.8%26.6%40.6%39.5%26.8%
Put IV 25d42.7%32.4%54.6%54.6%32.4%
Bid-Ask Spread %26.7813.8150.4345.5938.51
Gamma HHI0.050.040.100.040.06
Net GEX372.2K-15.1K1.1M192.3K468.5K
Net DEX-102.7M-128.4M-71.1M-75.8M-128.4M
Net VEX-250.8K-293.5K-224.7K-263.9K-234.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.265.290.481.05
Total Volume82,326.85718,096220,896155,85651,072
Total OI1,626,009.1431,437,6481,737,3601,532,6881,658,592

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$1.59$1.2544.0%13.4%39.4%55.1%40.5%15.1%0.4%192.3K-75.8M-263.9K0.4845.59N/AN/A105,26450,592896,016636,672
2014-08-04$1.62$1.2542.7%13.2%40.1%51.3%52.4%11.1%0.7%439.4K-83.3M-275.8K0.7728.47N/AN/A46,65635,952935,232663,600
2014-08-05$1.58$1.2546.3%13.4%38.9%61.7%46.8%9.8%3.4%156.2K-73.4M-287.7K0.4030.52N/AN/A35,47214,352960,720687,312
2014-08-06$1.58$1.2546.2%13.7%38.0%61.5%0.0%14.0%2.6%172.3K-74.7M-293.5K0.2627.00N/AN/A22,3685,904975,120695,520
2014-08-07$1.56$1.2546.3%13.6%38.0%61.7%0.0%12.1%4.7%-15.1K-71.1M-279.8K0.3127.53N/AN/A34,65610,608971,952697,824
2014-08-08$1.60$1.2543.8%13.7%38.3%54.5%0.0%10.6%4.1%43.4K-76.8M-281.4K0.3032.12N/AN/A36,72011,088984,144703,104
2014-08-11$1.63$1.2539.1%13.5%38.2%40.5%0.0%11.4%3.4%456.7K-87.8M-272.8K0.8821.86N/AN/A22,36819,584991,632708,192
2014-08-12$1.62$1.2542.5%13.3%38.1%50.6%37.9%10.2%1.2%118.9K-85.7M-262.7K0.8018.24N/AN/A10,0328,064996,096723,120
2014-08-13$1.67$1.2532.3%12.9%39.6%20.6%47.5%11.5%5.4%1.1M-104.9M-248.2K1.9126.84N/AN/A43,05682,176998,976726,000
2014-08-14$1.70$1.2536.1%12.7%36.7%31.6%46.5%10.3%8.0%845.7K-111.5M-232.3K0.9614.49N/AN/A59,80857,360968,976720,576
2014-08-15$1.72$1.2534.2%12.5%33.3%26.1%0.0%11.0%5.3%499.6K-111.9M-235.0K0.5220.45N/AN/A120,96062,688996,528740,832
2014-08-18$1.77$1.2533.0%12.2%34.2%22.6%46.5%9.8%2.8%674.1K-112.7M-224.7K5.2928.72N/AN/A35,136185,760885,024552,624
2014-08-19$1.80$1.3531.8%12.1%34.0%19.1%40.3%9.1%3.5%548.0K-116.5M-228.9K1.9622.01N/AN/A29,76058,272892,608594,864
2014-08-20$1.80$1.3533.2%12.2%33.5%23.1%42.2%8.8%4.3%445.0K-115.1M-240.9K2.1815.74N/AN/A35,18476,608901,584627,024
2014-08-21$1.81$1.3531.3%12.1%33.5%17.7%37.9%8.5%4.1%240.4K-115.5M-237.3K1.1921.71N/AN/A31,39237,248905,712658,896
2014-08-22$1.81$1.3532.2%11.9%33.0%20.2%40.3%9.0%3.6%240.0K-117.0M-239.7K1.3715.79N/AN/A23,90432,688914,880667,728
2014-08-25$1.83$1.3530.8%12.0%33.1%16.0%44.3%7.6%4.8%150.6K-122.5M-227.5K4.4550.43N/AN/A19,53686,880924,864690,720
2014-08-26$1.84$1.3531.3%11.8%33.0%17.5%0.0%7.7%4.0%292.2K-123.5M-229.5K0.4327.94N/AN/A28,03211,952928,176689,424
2014-08-27$1.84$1.3530.1%12.1%32.9%14.1%0.0%6.9%4.9%383.3K-124.7M-227.9K2.1013.81N/AN/A19,29640,512937,920691,344
2014-08-28$1.83$1.3530.2%12.1%21.9%14.4%0.0%7.2%4.4%404.0K-123.0M-242.0K0.8334.58N/AN/A16,36813,536951,840694,224
2014-08-29$1.85$1.3530.8%11.3%20.8%16.1%42.8%5.5%3.8%468.5K-128.4M-234.6K1.0538.51N/AN/A24,91226,160956,352702,240