TQQQ Options History — March 2017

In March 2017, TQQQ traded between $3.48 and $3.70. ATM implied volatility averaged 30.8%, placing in the 4.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 8.1% (HV 20d: 22.7%). Max pain ranged from $2.92 to $3.46. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.27.

Notable Days

  • 2017-03-31: Highest Volume — 315,912 contracts
  • 2017-03-21: Largest IV spike — 16.9% change
  • 2017-03-24: Highest IV Rank — 13.3%
  • 2017-03-01: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.58$3.48$3.70$3.60$3.70
Max Pain$3.35$2.92$3.46$2.92$3.46
ATM IV30.8%25.1%35.1%32.2%29.6%
Expected Move8.6%7.1%9.9%9.9%7.6%
HV 20d22.7%19.1%27.0%19.1%22.2%
HV 60d23.3%20.9%25.5%24.9%20.9%
IV Rank4.4%0.0%13.3%2.9%5.9%
IV Percentile4.9%0.0%17.9%4.8%2.8%
Term Structure0.7%-8.5%5.1%0.8%0.3%
VWIV30.6%21.7%35.3%34.3%25.6%
Skew 25d7.2%1.1%11.3%7.8%9.2%
Skew 10d14.6%7.6%21.6%14.7%12.0%
Call IV 25d28.7%22.8%43.3%28.2%26.4%
Put IV 25d35.9%29.8%44.3%36.0%35.6%
Bid-Ask Spread %63.1445.4089.8885.2571.88
Gamma HHI0.070.030.230.100.11
Net GEX931.1K-433.8K3.4M1.3M1.7M
Net DEX-117.3M-139.4M-89.5M-135.0M-131.8M
Net VEX-716.6K-737.8K-694.1K-706.4K-700.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.821.781.371.50
Total Volume230,707.826183,144315,912216,552315,912
Total OI1,506,073.0431,286,1841,669,5841,529,0401,480,248

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$3.60$2.9232.2%9.9%19.1%2.9%34.3%7.8%0.8%1.3M-135.0M-706.4K1.3785.25N/AN/A91,320125,232707,496821,544
2017-03-02$3.53$2.9232.8%8.6%20.6%3.8%32.7%3.8%2.4%1.4M-121.9M-727.0K1.7882.44N/AN/A72,528128,928726,048835,056
2017-03-03$3.55$2.9230.3%7.6%20.2%0.2%28.3%5.2%2.0%2.0M-123.9M-733.3K1.6389.88N/AN/A79,272128,832730,584848,736
2017-03-06$3.54$3.2930.0%9.1%20.4%0.0%35.3%6.1%1.2%316.4K-113.2M-718.6K1.5047.22N/AN/A75,672113,496704,904827,256
2017-03-07$3.50$3.2931.6%9.3%21.3%2.2%33.9%6.2%0.1%-60.6K-107.5M-716.0K1.5945.40N/AN/A71,784113,904714,408837,192
2017-03-08$3.53$3.2931.1%8.8%21.3%1.5%34.3%6.9%1.0%226.1K-110.4M-712.3K1.1647.89N/AN/A98,712114,240713,400844,536
2017-03-09$3.54$3.3332.1%8.9%21.2%2.9%33.7%8.3%-6.4%918.3K-114.1M-716.6K1.2153.43N/AN/A94,008114,000731,520848,664
2017-03-10$3.57$3.2929.3%8.6%21.2%0.0%31.2%7.6%1.3%3.4M-125.6M-720.3K1.4552.38N/AN/A86,328124,776750,240851,280
2017-03-13$3.60$3.3729.4%8.8%21.1%0.1%32.5%7.3%0.7%564.1K-124.1M-722.1K1.7347.09N/AN/A67,056116,088723,888834,648
2017-03-14$3.57$3.4632.1%9.2%21.1%4.0%34.4%7.0%-0.5%146.0K-119.0M-719.7K1.4755.96N/AN/A80,208117,528733,392849,120
2017-03-15$3.65$3.4627.7%7.1%22.2%0.0%31.8%7.8%-8.5%1.5M-138.9M-711.3K0.8287.06N/AN/A142,464116,616749,016851,928
2017-03-16$3.63$3.4629.3%8.8%21.8%2.2%30.2%7.0%1.4%2.0M-139.4M-719.7K1.0154.09N/AN/A117,648119,328802,008862,056
2017-03-17$3.63$3.4628.2%7.9%21.7%0.7%27.8%5.1%-1.9%2.7M-137.3M-714.0K0.9662.13N/AN/A130,368125,736801,240868,344
2017-03-20$3.63$3.4625.1%7.1%21.5%0.0%21.7%7.0%4.3%495.9K-111.6M-694.1K0.8647.68N/AN/A105,26490,504596,592689,592
2017-03-21$3.48$3.4629.4%8.4%26.1%5.7%26.9%11.3%5.1%-192.4K-94.8M-701.0K1.1579.95N/AN/A114,960131,640602,616701,712
2017-03-22$3.54$3.4231.5%9.0%26.8%8.5%32.9%10.4%1.0%-433.8K-89.5M-725.9K1.2853.13N/AN/A109,536140,472627,240750,792
2017-03-23$3.51$3.4234.3%9.7%26.5%12.2%31.5%8.4%3.6%-388.8K-90.2M-736.1K1.1950.07N/AN/A114,312136,464635,520771,816
2017-03-24$3.55$3.4635.1%9.8%26.7%13.3%32.1%9.1%4.2%-82.5K-95.5M-737.8K1.2459.32N/AN/A118,728146,952646,416787,920
2017-03-27$3.56$3.4633.9%9.6%26.7%11.7%33.1%10.2%-0.3%20.9K-97.3M-722.9K0.9670.81N/AN/A132,792127,080633,552770,928
2017-03-28$3.63$3.4631.6%8.7%27.0%8.6%24.7%1.1%3.5%929.9K-118.0M-717.9K1.0667.81N/AN/A124,512132,048659,640786,312
2017-03-29$3.66$3.4630.7%7.9%23.5%7.4%28.0%6.8%0.6%1.4M-126.2M-704.9K1.1276.98N/AN/A114,552128,160666,192794,688
2017-03-30$3.68$3.4630.5%7.6%22.2%7.1%26.8%5.5%-0.4%1.5M-132.1M-702.4K1.1764.35N/AN/A118,248138,072668,520800,880
2017-03-31$3.70$3.4629.6%7.6%22.2%5.9%25.6%9.2%0.3%1.7M-131.8M-700.7K1.5071.88N/AN/A126,168189,744665,928814,320