TQQQ Options History — March 2015

In March 2015, TQQQ traded between $2.11 and $2.38. ATM implied volatility averaged 43.6%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 7.1% (HV 20d: 36.5%). Max pain ranged from $1.73 to $2.19. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2015-03-26: Highest Volume — 327,984 contracts
  • 2015-03-25: Largest IV spike — 20.8% change
  • 2015-03-26: Highest IV Rank — 53.7%
  • 2015-03-11: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.23$2.11$2.38$2.38$2.15
Max Pain$2.08$1.73$2.19$1.73$2.15
ATM IV43.6%35.7%51.2%35.7%47.7%
Expected Move12.4%9.8%14.3%9.8%13.2%
HV 20d36.5%28.2%45.8%28.2%45.8%
HV 60d45.4%42.9%47.0%46.1%45.8%
IV Rank37.9%21.5%53.7%21.5%46.6%
IV Percentile57.5%22.2%84.9%22.2%72.6%
Term Structure0.7%-3.3%3.4%2.6%0.8%
VWIV42.9%33.3%48.2%33.3%43.6%
Skew 25d12.8%6.9%24.4%11.8%13.0%
Skew 10d25.2%17.5%36.5%29.8%23.3%
Call IV 25d37.8%31.0%44.0%33.3%40.6%
Put IV 25d50.6%42.8%58.4%45.2%53.6%
Bid-Ask Spread %53.3925.5076.1776.1766.58
Gamma HHI0.050.020.280.050.04
Net GEX1.0M169.2K1.8M1.4M338.7K
Net DEX-81.5M-128.4M-26.9M-120.8M-40.0M
Net VEX-259.1K-275.3K-237.2K-237.2K-275.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.231.411.070.91
Total Volume154,994.18235,808327,984282,960298,320
Total OI1,101,453.818736,0321,327,8721,118,256914,112

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$2.38$1.7335.7%9.8%28.2%21.5%33.3%11.8%2.6%1.4M-120.8M-237.2K1.0776.17N/AN/A136,368146,592710,256408,000
2015-03-03$2.35$1.7536.5%10.5%29.1%23.2%36.1%10.3%-0.0%1.3M-114.2M-246.8K1.0974.75N/AN/A136,416149,136720,960422,208
2015-03-04$2.32$1.7339.3%11.5%29.1%29.0%40.1%6.9%3.4%1.1M-110.1M-247.9K1.1373.59N/AN/A137,712155,088731,184432,528
2015-03-05$2.34$2.0839.5%11.6%28.6%29.5%44.1%11.8%2.7%1.2M-114.4M-247.0K1.0030.17N/AN/A155,328155,568739,104443,568
2015-03-06$2.25$2.1043.4%12.9%32.1%37.6%45.9%15.7%2.5%1.2M-98.6M-264.2K0.9733.70N/AN/A158,592153,264760,752448,800
2015-03-09$2.27$2.1942.7%12.5%30.6%36.2%46.7%14.5%0.6%1.3M-103.2M-255.5K0.6025.50N/AN/A46,27227,648744,960418,272
2015-03-10$2.15$2.1948.5%13.6%37.9%48.2%48.2%12.6%1.1%1.2M-80.2M-263.9K0.9435.73N/AN/A50,78447,712779,664438,912
2015-03-11$2.11$2.1549.6%14.3%35.6%50.5%45.4%15.4%0.3%851.3K-69.9M-265.3K0.3936.68N/AN/A69,16827,120786,192468,096
2015-03-12$2.15$2.1348.1%13.5%36.1%47.3%45.5%14.1%-3.3%951.7K-79.6M-271.3K0.2343.42N/AN/A53,56812,096825,168490,416
2015-03-13$2.12$2.1348.1%13.9%34.1%47.4%46.9%10.8%1.2%1.4M-75.5M-272.3K0.3748.46N/AN/A36,19213,440835,824492,048
2015-03-16$2.20$2.1345.6%13.2%35.7%42.2%46.9%10.3%0.9%1.2M-94.6M-261.3K0.3249.60N/AN/A56,06418,000777,984440,016
2015-03-17$2.22$2.1347.9%13.8%35.8%46.9%46.8%14.8%-1.9%1.5M-97.6M-261.3K0.6649.67N/AN/A25,72816,992789,936451,200
2015-03-18$2.28$2.1341.6%11.9%37.2%33.7%43.8%24.4%-2.9%1.6M-106.6M-261.7K0.8568.44N/AN/A37,29631,680780,576464,544
2015-03-19$2.29$2.1540.6%11.5%36.7%31.6%41.9%10.7%1.6%1.8M-113.4M-259.6K0.4755.89N/AN/A30,19214,256797,280483,600
2015-03-20$2.34$2.1537.8%10.7%36.8%25.9%38.0%11.8%0.8%1.7M-128.4M-248.2K0.3765.16N/AN/A62,30423,040800,640489,792
2015-03-23$2.32$2.1538.5%10.6%36.9%27.3%37.9%13.7%2.4%639.5K-56.1M-246.6K1.4154.61N/AN/A14,88020,928426,960309,072
2015-03-24$2.29$2.1538.3%10.9%37.1%27.0%39.6%13.5%1.7%598.6K-53.1M-253.9K0.8755.91N/AN/A34,94430,288437,856322,560
2015-03-25$2.13$2.1546.3%12.3%45.0%43.6%42.9%8.2%0.2%241.7K-32.3M-252.9K0.8561.51N/AN/A56,30448,096466,704347,280
2015-03-26$2.12$2.1551.2%14.3%44.3%53.7%46.9%13.7%-0.2%169.2K-26.9M-265.0K0.9849.53N/AN/A165,552162,432492,768375,936
2015-03-27$2.14$2.1547.2%13.6%44.4%45.5%42.5%11.5%-0.3%316.8K-32.1M-272.5K0.2961.33N/AN/A56,16016,032527,280395,232
2015-03-30$2.21$2.1544.6%11.8%45.1%40.1%41.7%12.4%1.4%651.9K-46.2M-271.1K1.0858.07N/AN/A154,944167,376488,736355,008
2015-03-31$2.15$2.1547.7%13.2%45.8%46.6%43.6%13.0%0.8%338.7K-40.0M-275.3K0.9166.58N/AN/A156,240142,080522,816391,296