TQQQ Options History — August 2015

In August 2015, TQQQ traded between $1.73 and $2.53. ATM implied volatility averaged 59.0%, placing in the 48.5% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 6.8% (HV 20d: 52.2%). Max pain ranged from $1.98 to $2.40. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2015-08-21: Highest Volume — 817,152 contracts
  • 2015-08-24: Largest IV spike — 35.9% change
  • 2015-08-21: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 33.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.25$1.73$2.53$2.49$1.99
Max Pain$2.12$1.98$2.40$2.40$1.98
ATM IV59.0%39.6%109.5%40.2%79.8%
Expected Move17.3%10.3%33.3%11.8%24.4%
HV 20d52.2%35.0%83.9%43.6%83.9%
HV 60d44.9%38.0%59.1%38.6%59.1%
IV Rank48.5%21.8%100.0%23.2%62.2%
IV Percentile74.3%36.9%100.0%41.7%98.4%
Term Structure-0.8%-6.9%3.1%0.4%-0.3%
VWIV60.4%39.4%113.0%43.2%84.5%
Skew 25d19.6%11.1%43.6%12.8%32.0%
Skew 10d34.8%19.8%59.6%21.6%57.4%
Call IV 25d49.2%33.2%89.7%34.3%64.0%
Put IV 25d68.9%47.0%133.3%47.1%96.0%
Bid-Ask Spread %51.7637.8269.4758.9146.61
Gamma HHI0.040.020.150.050.02
Net GEX544.6K-841.8K2.0M1.3M649.8K
Net DEX-29.8M-78.6M46.7M-63.4M-14.6M
Net VEX-449.4K-552.3K-395.2K-395.2K-542.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.532.652.650.93
Total Volume563,456153,120817,152153,120653,568
Total OI1,681,371.4291,371,9842,124,1921,371,9841,866,672

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$2.49$2.4040.2%11.8%43.6%23.2%43.2%12.8%0.4%1.3M-63.4M-395.2K2.6558.91N/AN/A41,904111,216702,000669,984
2015-08-04$2.46$2.4041.0%11.7%44.0%25.1%41.4%15.3%0.4%506.7K-55.9M-407.4K1.0863.69N/AN/A223,008239,856720,336749,712
2015-08-05$2.53$2.4039.6%10.3%39.8%21.8%39.4%13.8%0.5%1.8M-78.6M-407.1K1.1461.57N/AN/A224,976256,080749,568766,080
2015-08-06$2.42$2.0845.1%13.8%44.0%34.6%46.3%12.2%-2.4%-841.8K-38.1M-405.5K1.0637.82N/AN/A266,784281,952769,008791,376
2015-08-07$2.39$2.0845.9%13.4%41.9%36.4%47.2%14.7%-1.6%-723.3K-28.9M-413.5K1.0638.59N/AN/A278,448295,488826,464850,128
2015-08-10$2.48$2.0842.6%12.1%40.4%28.8%45.7%11.3%-1.5%636.6K-60.6M-409.1K0.9343.46N/AN/A240,912224,880695,760709,968
2015-08-11$2.39$2.0846.1%14.1%42.2%36.9%46.4%13.4%2.0%-52.8K-40.7M-415.6K0.5345.14N/AN/A114,19260,096747,648736,224
2015-08-12$2.41$2.1045.6%13.8%42.3%35.8%49.1%12.7%2.2%401.0K-46.9M-430.4K0.9239.48N/AN/A314,928290,400796,512769,008
2015-08-13$2.40$2.1045.2%13.4%39.2%34.8%47.7%16.4%2.6%449.9K-46.0M-469.1K0.9546.64N/AN/A318,528301,632841,392846,480
2015-08-14$2.41$2.1043.9%13.1%35.5%31.9%45.0%11.1%2.2%1.3M-50.5M-461.2K0.9946.82N/AN/A298,896295,728891,648860,208
2015-08-17$2.47$2.1042.4%12.3%36.3%28.4%43.2%13.3%1.7%2.0M-65.1M-449.9K0.9149.67N/AN/A295,920269,904814,992756,288
2015-08-18$2.43$2.1343.7%12.6%36.5%31.3%49.3%14.5%3.1%1.6M-57.2M-460.0K1.0953.44N/AN/A237,552259,344834,960788,448
2015-08-19$2.38$2.1349.1%14.1%35.0%43.7%49.3%15.9%-2.4%1.1M-46.4M-457.3K0.6555.15N/AN/A146,92895,904856,704794,640
2015-08-20$2.20$2.1359.5%17.0%44.7%67.9%58.9%18.6%1.2%-551.4K-213.4K-466.5K0.8848.70N/AN/A385,584338,064905,088848,064
2015-08-21$1.92$2.1380.6%23.0%63.0%100.0%77.1%28.7%3.0%29.9K46.7M-428.7K0.9247.48N/AN/A424,752392,400995,904879,552
2015-08-24$1.75$2.10109.5%33.3%69.6%100.0%113.0%43.6%-5.9%19.2K28.7M-427.2K0.8267.36N/AN/A403,728332,640863,856773,472
2015-08-25$1.73$2.0094.5%28.6%67.7%81.1%95.3%24.0%-5.7%104.0K25.0M-433.0K0.8769.47N/AN/A366,288319,536980,400822,960
2015-08-26$1.91$1.9887.5%24.1%79.0%72.4%84.5%33.3%-4.0%331.7K10.9M-482.7K0.9066.24N/AN/A373,344337,3921,047,888859,920
2015-08-27$2.04$1.9878.6%22.9%83.4%61.1%78.5%27.3%-6.9%699.5K-16.3M-523.6K0.7851.98N/AN/A423,168330,1921,090,320914,976
2015-08-28$2.05$1.9878.1%23.5%83.7%60.4%82.4%27.7%-4.5%642.4K-27.4M-552.3K0.9648.77N/AN/A390,768375,6961,168,944955,248
2015-08-31$1.99$1.9879.8%24.4%83.9%62.2%84.5%32.0%-0.3%649.8K-14.6M-542.4K0.9346.61N/AN/A337,824315,7441,016,688849,984