TQQQ Options History — August 2016

In August 2016, TQQQ traded between $2.44 and $2.62. ATM implied volatility averaged 36.9%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 15.1% (HV 20d: 21.8%). Max pain ranged from $1.92 to $2.19. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 1.63.

Notable Days

  • 2016-08-02: Highest Volume — 611,328 contracts
  • 2016-08-24: Largest IV spike — 10.8% change
  • 2016-08-25: Highest IV Rank — 10.7%
  • 2016-08-04: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.55$2.44$2.62$2.50$2.53
Max Pain$2.02$1.92$2.19$2.17$2.02
ATM IV36.9%33.8%40.5%36.0%39.7%
Expected Move10.4%9.5%11.6%10.0%10.0%
HV 20d21.8%17.9%27.2%27.2%17.9%
HV 60d44.0%42.4%46.2%45.9%42.6%
IV Rank4.1%0.0%10.7%0.0%9.5%
IV Percentile4.4%0.0%13.9%0.0%13.1%
Term Structure1.4%-1.6%6.5%0.4%0.7%
VWIV40.2%36.7%44.0%41.6%37.9%
Skew 25d12.7%5.2%20.3%15.6%15.5%
Skew 10d20.2%-0.2%31.6%10.4%23.6%
Call IV 25d32.7%28.5%39.0%31.4%33.8%
Put IV 25d45.4%39.5%53.5%47.0%49.3%
Bid-Ask Spread %61.4945.6076.1270.0673.26
Gamma HHI0.100.070.310.090.09
Net GEX2.9M1.0M8.1M2.8M1.7M
Net DEX-209.6M-245.0M-180.1M-201.2M-181.4M
Net VEX-1.0M-1.1M-973.0K-1.1M-973.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.631.352.001.371.62
Total Volume486,609.39171,040611,328601,248489,264
Total OI3,346,071.6523,135,2643,481,3923,135,2643,328,176

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$2.50$2.1736.0%10.0%27.2%0.0%41.6%15.6%0.4%2.8M-201.2M-1.1M1.3770.06N/AN/A254,160347,0881,633,0081,502,256
2016-08-02$2.44$2.1938.3%10.9%26.9%3.1%44.0%15.8%0.7%2.6M-180.1M-1.1M1.5168.20N/AN/A243,600367,7281,679,7601,542,432
2016-08-03$2.46$2.1938.4%10.4%26.4%3.4%37.5%14.7%0.4%2.9M-184.7M-1.1M1.4373.42N/AN/A239,328342,1921,698,0481,606,848
2016-08-04$2.48$1.9236.5%11.6%26.3%0.7%40.4%14.9%0.9%3.6M-199.7M-1.1M1.5145.60N/AN/A238,512359,8561,715,2801,623,936
2016-08-05$2.56$1.9633.8%10.4%23.7%0.0%40.7%10.9%0.0%3.3M-245.0M-1.1M1.6152.21N/AN/A219,648352,7521,736,0641,653,360
2016-08-08$2.54$1.9636.8%10.4%23.8%4.0%40.1%5.2%-1.6%3.3M-224.0M-1.1M1.4452.65N/AN/A234,432337,4401,678,5121,594,608
2016-08-09$2.57$1.9834.5%10.5%23.7%1.0%42.1%8.5%1.3%3.8M-231.7M-1.1M1.7952.78N/AN/A197,664353,3281,738,8001,615,440
2016-08-10$2.54$1.9836.5%10.8%23.9%3.6%42.8%11.2%0.0%3.5M-219.2M-1.1M1.8453.97N/AN/A195,312358,4161,736,4961,640,112
2016-08-11$2.58$1.9834.8%10.3%23.6%1.3%42.7%12.7%0.7%5.7M-231.8M-1.1M1.7252.70N/AN/A188,304324,0481,742,5441,677,744
2016-08-12$2.58$1.9833.8%10.1%23.3%0.1%40.6%7.4%2.3%8.1M-232.0M-1.1M1.5452.43N/AN/A225,072346,2721,752,8641,694,064
2016-08-15$2.62$1.9835.4%10.3%22.8%2.2%41.1%13.1%3.8%2.5M-238.4M-1.0M1.3556.62N/AN/A235,728317,8081,709,6641,666,080
2016-08-16$2.58$1.9837.8%10.9%22.9%5.4%42.4%12.8%3.0%2.6M-221.2M-1.1M1.4655.20N/AN/A217,632316,8961,718,7361,688,880
2016-08-17$2.59$1.9837.6%10.8%19.4%5.0%41.8%11.1%6.5%2.8M-214.6M-1.1M1.4166.54N/AN/A31,15243,8241,714,0801,705,200
2016-08-18$2.59$2.0035.9%10.1%18.7%2.7%37.4%12.1%2.9%3.4M-218.2M-1.1M1.7757.86N/AN/A27,74449,1521,724,9761,727,760
2016-08-19$2.59$2.0234.4%9.5%18.7%0.8%37.4%9.9%3.8%1.8M-219.6M-1.0M1.5261.23N/AN/A232,368352,8961,729,3921,752,000
2016-08-22$2.59$2.0236.0%9.6%18.6%2.9%37.2%12.4%2.2%2.4M-209.7M-1.0M1.7760.51N/AN/A180,432319,8721,648,7041,622,064
2016-08-23$2.61$2.0235.4%9.5%18.6%2.1%38.0%12.3%1.0%2.3M-222.6M-1.0M1.8361.99N/AN/A176,208322,0321,658,1121,647,072
2016-08-24$2.55$2.0239.2%10.7%19.6%8.7%41.8%20.3%0.5%1.7M-193.4M-1.0M2.0068.04N/AN/A23,66447,3761,663,6801,662,864
2016-08-25$2.54$2.0240.5%11.1%19.5%10.7%41.9%13.0%0.3%1.4M-182.8M-1.0M1.8358.63N/AN/A187,200343,3921,681,1521,684,848
2016-08-26$2.55$2.0238.3%10.5%19.5%7.2%38.8%12.1%3.2%1.0M-189.0M-1.0M1.6976.12N/AN/A211,200356,1121,690,5121,704,384
2016-08-29$2.56$2.0239.6%10.2%19.2%9.3%39.9%16.2%0.0%2.1M-198.0M-994.9K1.8572.01N/AN/A173,040319,5361,652,9761,609,248
2016-08-30$2.53$2.0239.9%9.9%18.0%9.8%36.7%14.0%-0.4%1.6M-183.2M-992.4K1.6372.27N/AN/A187,392304,9441,668,2401,638,672
2016-08-31$2.53$2.0239.7%10.0%17.9%9.5%37.9%15.5%0.7%1.7M-181.4M-973.0K1.6273.26N/AN/A186,672302,5921,681,0081,647,168