TQQQ Options History — April 2016

In April 2016, TQQQ traded between $1.93 and $2.25. ATM implied volatility averaged 46.4%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 9.1% (HV 20d: 37.4%). Max pain ranged from $1.92 to $2.19. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.15.

Notable Days

2016-04-29: Highest Volume — 791,808 contracts
2016-04-29: Largest IV spike — 9.8% change
2016-04-29: Highest IV Rank — 24.7%
2016-04-29: Largest Expected Move — 15.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.14	$1.93	$2.25	$2.20	$1.93
Max Pain	$2.10	$1.92	$2.19	$1.92	$2.13
ATM IV	46.4%	42.3%	53.3%	43.6%	53.3%
Expected Move	13.1%	9.4%	15.9%	9.4%	15.9%
HV 20d	37.4%	32.2%	41.1%	32.2%	38.7%
HV 60d	57.8%	50.0%	66.9%	66.9%	50.0%
IV Rank	15.5%	10.0%	24.7%	11.7%	24.7%
IV Percentile	40.8%	21.0%	61.1%	28.6%	61.1%
Term Structure	0.1%	-4.4%	5.0%	0.5%	-2.2%
VWIV	47.8%	39.6%	53.8%	39.6%	49.4%
Skew 25d	13.1%	9.6%	20.3%	20.3%	9.6%
Skew 10d	26.0%	21.5%	31.2%	22.6%	24.3%
Call IV 25d	40.4%	34.3%	49.1%	34.3%	49.1%
Put IV 25d	53.4%	48.1%	60.7%	54.6%	58.7%
Bid-Ask Spread %	36.92	22.65	78.14	78.14	51.93
Gamma HHI	0.07	0.03	0.49	0.05	0.03
Net GEX	1.0M	-4.0M	2.9M	1.5M	312.2K
Net DEX	-85.9M	-135.9M	8.1M	-135.9M	8.1M
Net VEX	-910.2K	-939.5K	-857.7K	-889.2K	-857.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.15	0.90	1.42	1.16	0.90
Total Volume	632,987.429	553,728	791,808	655,632	791,808
Total OI	2,637,924.571	2,400,672	2,884,896	2,632,848	2,884,896

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-04-01	$2.20	$1.92	43.6%	9.4%	32.2%	11.7%	39.6%	20.3%	0.5%	1.5M	-135.9M	-889.2K	1.16	78.14	N/A	N/A	303,984	351,648	1,403,616	1,229,232
2016-04-04	$2.17	$2.08	44.5%	13.0%	32.9%	12.8%	47.8%	13.5%	0.3%	1.7M	-109.6M	-903.9K	1.10	23.93	N/A	N/A	286,704	314,112	1,291,488	1,109,184
2016-04-05	$2.11	$2.08	48.6%	14.3%	33.5%	18.4%	51.1%	15.2%	-0.3%	1.3M	-90.8M	-923.8K	1.16	22.65	N/A	N/A	284,112	330,048	1,332,240	1,149,744
2016-04-06	$2.22	$2.08	45.6%	13.0%	34.6%	14.4%	48.4%	11.3%	-2.3%	2.6M	-120.2M	-907.8K	1.27	33.57	N/A	N/A	275,040	350,640	1,369,872	1,192,368
2016-04-07	$2.12	$2.08	49.7%	13.7%	39.4%	19.9%	52.6%	11.6%	4.1%	909.8K	-85.7M	-934.4K	1.08	31.39	N/A	N/A	313,920	339,408	1,382,736	1,231,536
2016-04-08	$2.11	$2.08	51.0%	14.0%	39.4%	21.6%	53.8%	12.7%	0.4%	274.4K	-80.3M	-938.3K	1.09	29.78	N/A	N/A	302,064	330,480	1,406,832	1,282,512
2016-04-11	$2.11	$2.08	50.0%	13.8%	35.6%	20.3%	52.7%	13.8%	-4.4%	1.1M	-85.0M	-926.5K	1.19	27.70	N/A	N/A	253,008	300,720	1,306,800	1,195,632
2016-04-12	$2.15	$2.08	48.2%	14.0%	36.0%	17.8%	52.9%	18.4%	-0.2%	1.4M	-87.2M	-921.4K	1.11	26.74	N/A	N/A	284,976	316,800	1,335,120	1,231,008
2016-04-13	$2.23	$2.08	45.0%	12.5%	37.7%	13.6%	50.4%	14.0%	-0.2%	2.5M	-123.8M	-925.1K	1.16	24.22	N/A	N/A	297,744	345,984	1,364,688	1,260,720
2016-04-14	$2.23	$2.08	45.2%	12.8%	37.1%	13.9%	51.2%	14.3%	-0.5%	2.9M	-130.9M	-939.5K	1.14	22.86	N/A	N/A	287,616	328,224	1,401,408	1,296,288
2016-04-15	$2.22	$2.08	44.2%	12.4%	37.3%	12.5%	47.7%	14.9%	-1.2%	1.1M	-123.6M	-930.1K	1.18	24.57	N/A	N/A	269,520	316,752	1,419,648	1,337,328
2016-04-18	$2.25	$2.08	44.6%	12.8%	37.4%	13.1%	45.4%	10.3%	-1.5%	1.4M	-110.0M	-904.1K	1.03	31.52	N/A	N/A	287,376	295,008	1,274,016	1,188,384
2016-04-19	$2.20	$2.08	42.6%	12.3%	38.4%	10.4%	44.7%	13.4%	0.1%	1.7M	-105.2M	-919.4K	1.11	43.67	N/A	N/A	294,720	327,648	1,335,312	1,230,480
2016-04-20	$2.22	$2.08	42.3%	12.1%	38.4%	10.0%	44.0%	13.1%	3.1%	1.8M	-107.3M	-919.8K	1.18	36.42	N/A	N/A	283,152	333,024	1,375,536	1,296,528
2016-04-21	$2.21	$2.19	43.8%	12.5%	37.3%	11.9%	44.2%	12.7%	0.4%	1.3M	-100.1M	-931.9K	1.42	40.11	N/A	N/A	248,400	351,888	1,375,872	1,343,904
2016-04-22	$2.11	$2.19	45.3%	12.7%	41.1%	14.0%	46.6%	11.7%	5.0%	-4.0M	-46.5M	-893.0K	1.23	44.22	N/A	N/A	341,520	421,392	1,388,784	1,364,928
2016-04-25	$2.10	$2.17	46.4%	13.2%	41.1%	15.4%	46.6%	13.4%	-0.8%	1.1M	-62.5M	-906.1K	1.11	29.68	N/A	N/A	291,744	323,184	1,321,584	1,257,216
2016-04-26	$2.08	$2.17	47.0%	13.2%	38.1%	16.3%	44.3%	10.0%	0.9%	1.1M	-59.6M	-900.9K	1.19	42.26	N/A	N/A	283,008	335,712	1,370,016	1,291,440
2016-04-27	$2.03	$2.15	45.6%	13.7%	38.2%	14.4%	45.3%	10.1%	1.4%	389.3K	-31.7M	-870.3K	1.11	56.36	N/A	N/A	308,016	341,232	1,409,232	1,333,872
2016-04-28	$1.95	$2.13	48.6%	13.1%	40.3%	18.4%	44.9%	10.5%	-0.3%	-577.1K	-15.6M	-871.8K	1.29	53.55	N/A	N/A	283,968	366,432	1,444,944	1,379,472
2016-04-29	$1.93	$2.13	53.3%	15.9%	38.7%	24.7%	49.4%	9.6%	-2.2%	312.2K	8.1M	-857.7K	0.90	51.93	N/A	N/A	416,400	375,408	1,473,120	1,411,776