TQQQ Options History — September 2014

In September 2014, TQQQ traded between $1.75 and $1.88. ATM implied volatility averaged 37.8%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 12.7% (HV 20d: 25.2%). Max pain ranged from $1.35 to $1.60. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.92.

Notable Days

  • 2014-09-16: Highest Volume — 165,072 contracts
  • 2014-09-25: Largest IV spike — 16.5% change
  • 2014-09-29: Highest IV Rank — 67.9%
  • 2014-09-25: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.83$1.75$1.88$1.87$1.80
Max Pain$1.48$1.35$1.60$1.35$1.60
ATM IV37.8%31.2%48.4%31.2%45.9%
Expected Move12.7%12.0%13.6%12.0%13.6%
HV 20d25.2%17.7%38.9%20.3%38.5%
HV 60d30.4%27.9%34.4%28.2%34.2%
IV Rank36.8%17.2%67.9%17.2%60.6%
IV Percentile44.4%5.6%90.5%5.6%81.7%
Term Structure2.7%-3.5%6.3%1.9%1.7%
VWIV44.9%36.9%51.1%42.8%47.6%
Skew 25d11.3%7.1%16.0%7.1%14.5%
Skew 10d21.6%12.0%32.3%12.0%31.8%
Call IV 25d33.1%27.2%40.2%27.2%40.2%
Put IV 25d44.4%34.3%55.1%34.3%54.8%
Bid-Ask Spread %27.1313.6760.5922.9147.25
Gamma HHI0.060.040.110.060.04
Net GEX567.0K27.1K1.5M487.8K488.9K
Net DEX-107.9M-133.5M-75.7M-131.4M-86.3M
Net VEX-237.8K-270.0K-218.4K-233.7K-257.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.382.580.490.54
Total Volume64,777.14315,552165,07258,08043,440
Total OI1,589,403.4291,205,5681,833,6961,676,4001,418,256

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$1.87$1.3531.2%12.0%20.3%17.2%42.8%7.1%1.9%487.8K-131.4M-233.7K0.4922.91N/AN/A39,02419,056961,824714,576
2014-09-03$1.84$1.3531.7%12.5%19.1%18.8%38.7%7.6%3.5%401.7K-115.2M-237.8K0.6922.57N/AN/A35,80824,624919,728725,232
2014-09-04$1.83$1.3531.4%12.6%19.2%17.9%37.1%11.2%6.3%390.9K-112.4M-248.2K1.0618.32N/AN/A19,63220,832936,816742,080
2014-09-05$1.86$1.3533.7%12.2%18.3%24.5%36.9%9.6%4.0%432.6K-118.3M-233.7K0.3817.13N/AN/A11,2804,272934,032742,464
2014-09-08$1.87$1.3532.4%12.3%17.7%20.9%43.2%10.5%5.5%527.9K-121.9M-227.1K0.7113.67N/AN/A16,32011,568937,776742,800
2014-09-09$1.82$1.3535.1%12.4%20.7%28.8%45.9%8.6%4.8%335.7K-113.7M-225.6K1.9727.31N/AN/A15,45630,432942,768749,664
2014-09-10$1.87$1.3538.9%12.1%21.3%40.1%43.1%11.3%5.5%497.9K-120.7M-227.6K0.6622.59N/AN/A18,04812,000952,080761,040
2014-09-11$1.86$1.4235.0%12.3%19.3%28.7%45.2%9.6%4.9%455.7K-122.0M-227.9K0.5419.25N/AN/A13,8727,440959,232764,592
2014-09-12$1.83$1.4436.7%12.5%20.3%33.5%47.7%9.2%4.3%401.4K-115.0M-230.2K0.6320.42N/AN/A28,03217,616966,432765,792
2014-09-15$1.78$1.4441.8%13.3%23.3%48.4%47.3%9.5%1.0%27.1K-99.9M-230.9K0.5125.20N/AN/A109,29655,488972,480768,432
2014-09-16$1.83$1.5437.3%13.2%23.7%35.2%46.6%16.0%1.1%953.1K-116.9M-238.7K0.6230.57N/AN/A101,85663,2161,017,024779,136
2014-09-17$1.84$1.5439.2%12.9%23.0%40.9%49.0%7.2%1.1%1.3M-124.4M-225.1K2.1860.59N/AN/A20,83245,5041,040,928792,768
2014-09-18$1.88$1.5434.1%12.5%24.1%25.7%43.9%11.3%4.3%1.5M-132.9M-218.4K1.4224.83N/AN/A31,72844,928997,824758,112
2014-09-19$1.87$1.5433.6%12.2%24.1%24.4%45.8%11.1%5.1%1.3M-133.5M-226.6K0.4122.73N/AN/A95,80839,6001,005,552764,592
2014-09-22$1.82$1.5438.1%12.7%26.2%37.6%48.2%11.7%2.6%385.3K-84.6M-241.6K1.1431.86N/AN/A39,93645,456753,840451,728
2014-09-23$1.81$1.5839.6%12.8%26.1%42.2%51.1%13.3%1.3%373.3K-84.5M-235.8K2.5837.39N/AN/A9,69625,008783,504485,280
2014-09-24$1.86$1.5840.0%12.8%28.6%43.2%47.0%13.9%2.4%477.5K-91.4M-239.3K0.8623.68N/AN/A32,40027,840783,120497,376
2014-09-25$1.75$1.5846.6%13.6%37.0%62.6%46.4%15.0%-3.5%262.9K-75.7M-253.7K0.6735.31N/AN/A45,02430,240796,416523,392
2014-09-26$1.80$1.6043.6%13.3%38.9%54.0%42.7%14.3%-0.5%413.6K-82.6M-265.1K0.4623.86N/AN/A44,30420,592829,536539,088
2014-09-29$1.80$1.6048.4%13.5%38.6%67.9%46.8%14.9%-0.6%479.6K-82.4M-270.0K0.8722.24N/AN/A22,89619,920849,120551,040
2014-09-30$1.80$1.6045.9%13.6%38.5%60.6%47.6%14.5%1.7%488.9K-86.3M-257.2K0.5447.25N/AN/A28,27215,168857,136561,120