TQQQ Options History — May 2017

In May 2017, TQQQ traded between $4.00 and $4.44. ATM implied volatility averaged 31.3%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 4.2% (HV 20d: 27.1%). Max pain ranged from $2.60 to $3.62. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.80.

Notable Days

  • 2017-05-18: Highest Volume — 383,976 contracts
  • 2017-05-17: Largest IV spike — 48.6% change
  • 2017-05-17: Highest IV Rank — 21.8%
  • 2017-05-17: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.19$4.00$4.44$4.09$4.41
Max Pain$2.82$2.60$3.62$3.58$2.81
ATM IV31.3%27.9%41.5%28.3%33.4%
Expected Move9.2%8.0%11.9%9.0%9.2%
HV 20d27.1%20.7%34.4%24.2%31.3%
HV 60d24.0%21.8%26.7%22.1%25.8%
IV Rank8.3%3.7%21.8%4.2%11.0%
IV Percentile15.3%1.6%68.3%2.4%25.0%
Term Structure1.4%-0.9%3.5%0.9%-0.0%
VWIV36.8%32.5%43.1%32.5%36.8%
Skew 25d8.7%6.2%13.7%7.3%7.6%
Skew 10d18.2%7.7%32.7%7.7%17.2%
Call IV 25d28.2%25.6%35.6%26.9%30.9%
Put IV 25d36.9%32.9%46.9%34.3%38.5%
Bid-Ask Spread %61.3440.2177.0972.7642.85
Gamma HHI0.130.040.320.100.08
Net GEX2.1M-50.1K4.5M2.5M48.9K
Net DEX-177.3M-214.4M-125.3M-180.7M-181.7M
Net VEX-713.0K-775.3K-663.6K-663.6K-727.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.822.582.411.38
Total Volume289,984.364226,128383,976270,264246,600
Total OI1,693,0081,601,5201,835,0401,601,5201,702,200

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$4.09$3.5828.3%9.0%24.2%4.2%32.5%7.3%0.9%2.5M-180.7M-663.6K2.4172.76N/AN/A79,248191,016679,056922,464
2017-05-02$4.09$3.5829.8%8.5%23.9%6.2%33.4%7.5%0.8%2.4M-180.0M-684.0K2.3269.21N/AN/A84,024194,904693,120939,504
2017-05-03$4.05$3.6230.5%8.8%24.5%7.2%34.0%8.9%-0.3%2.6M-166.7M-726.0K2.5872.48N/AN/A75,048193,680698,664955,584
2017-05-04$4.06$2.6029.2%9.1%24.2%5.5%35.5%6.5%1.0%2.9M-168.4M-702.8K2.3968.82N/AN/A77,952186,648695,784973,536
2017-05-05$4.09$2.6028.8%9.2%23.8%4.9%38.3%6.9%3.5%4.5M-179.8M-706.5K2.0868.85N/AN/A94,320196,080702,912980,448
2017-05-08$4.11$2.6028.4%9.1%23.8%4.3%37.7%7.4%2.9%2.2M-174.7M-690.3K2.4662.64N/AN/A83,376205,464671,952943,248
2017-05-09$4.16$2.6029.6%9.2%23.8%5.9%35.2%7.7%2.9%2.1M-184.9M-681.2K1.8567.68N/AN/A113,352209,976674,664966,216
2017-05-10$4.16$2.6029.3%8.9%21.9%5.6%37.0%6.2%1.9%2.4M-184.7M-698.9K2.1057.28N/AN/A105,864222,192692,976988,200
2017-05-11$4.17$2.6930.0%9.3%21.3%6.5%38.2%7.2%3.2%2.9M-182.7M-708.4K2.3168.15N/AN/A99,456229,776700,8241,021,680
2017-05-12$4.19$2.7130.1%9.1%20.9%6.7%38.1%7.8%2.6%3.0M-188.1M-718.9K2.3475.67N/AN/A103,080241,536705,6481,034,040
2017-05-15$4.23$2.7130.6%9.0%20.7%7.3%37.0%7.9%0.6%3.0M-192.7M-687.8K2.2359.62N/AN/A99,024220,560682,224997,032
2017-05-16$4.28$2.7127.9%8.0%20.7%3.7%38.0%8.1%2.6%3.0M-199.0M-673.2K2.2755.73N/AN/A94,800215,064676,2481,010,832
2017-05-17$4.00$2.7141.5%11.9%34.4%21.8%43.1%11.1%-0.9%926.7K-125.3M-750.7K1.6677.09N/AN/A139,224231,096681,0721,022,520
2017-05-18$4.07$2.7138.7%11.0%33.4%18.1%40.3%13.7%2.6%1.3M-130.9M-775.3K1.3866.96N/AN/A161,616222,360707,2801,062,288
2017-05-19$4.11$2.7135.6%10.3%33.1%14.0%42.0%12.6%-0.5%1.8M-153.0M-750.4K1.4773.94N/AN/A112,560165,624758,5201,076,520
2017-05-22$4.22$2.7131.6%8.9%32.0%8.7%34.8%11.4%1.0%-50.1K-159.2M-721.0K1.0749.82N/AN/A124,464133,752652,656989,832
2017-05-23$4.22$2.7332.2%9.0%31.4%9.4%36.4%10.8%1.6%1.7M-167.6M-738.3K1.2449.62N/AN/A103,032127,392693,0721,001,232
2017-05-24$4.29$2.7330.1%8.4%31.5%6.6%34.1%10.6%1.1%2.4M-181.8M-731.5K1.0656.51N/AN/A110,616117,744703,6081,017,912
2017-05-25$4.41$2.7329.8%8.6%32.4%6.2%34.7%8.2%3.0%1.8M-214.4M-706.5K0.8240.21N/AN/A151,056123,216715,4401,023,048
2017-05-26$4.41$2.7531.3%8.5%32.5%8.2%35.6%8.2%1.0%1.6M-212.6M-720.3K1.0151.35N/AN/A132,960133,776720,4321,036,392
2017-05-30$4.44$2.7532.5%9.0%31.1%9.9%37.8%8.3%0.2%886.6K-192.0M-723.0K1.2342.25N/AN/A101,376124,752673,5121,001,784
2017-05-31$4.41$2.8133.4%9.2%31.3%11.0%36.8%7.6%-0.0%48.9K-181.7M-727.9K1.3842.85N/AN/A103,776142,824676,7041,025,496