TQQQ Options History — February 2018

In February 2018, TQQQ traded between $5.51 and $7.31. ATM implied volatility averaged 58.6%, placing in the 65.6% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 10.2% (HV 20d: 68.8%). Max pain ranged from $5.83 to $5.83. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.72.

Notable Days

2018-02-09: Highest Volume — 580,344 contracts
2018-02-08: Largest IV spike — 38.5% change
2018-02-02: Highest IV Rank — 100.0%
2018-02-08: Largest Expected Move — 23.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.54	$5.51	$7.31	$7.21	$6.96
Max Pain	$5.83	$5.83	$5.83	$5.83	$5.83
ATM IV	58.6%	46.4%	82.8%	50.8%	56.1%
Expected Move	16.7%	12.8%	23.3%	14.0%	16.7%
HV 20d	68.8%	29.4%	79.9%	29.4%	79.7%
HV 60d	47.1%	30.3%	52.3%	30.3%	51.7%
IV Rank	65.6%	36.8%	100.0%	91.6%	53.7%
IV Percentile	96.7%	86.1%	100.0%	98.4%	96.8%
Term Structure	-1.4%	-5.8%	2.2%	-1.3%	-1.9%
VWIV	61.0%	49.7%	87.3%	52.5%	57.8%
Skew 25d	18.6%	9.7%	43.3%	17.3%	18.4%
Skew 10d	34.0%	21.0%	71.8%	30.8%	28.1%
Call IV 25d	48.9%	40.6%	67.3%	44.0%	45.3%
Put IV 25d	67.5%	53.7%	98.0%	61.4%	63.7%
Bid-Ask Spread %	46.21	33.76	65.18	47.62	53.52
Gamma HHI	0.08	0.03	0.59	0.03	0.06
Net GEX	4.3M	78.8K	21.0M	2.7M	6.1M
Net DEX	-291.0M	-488.8M	-55.2M	-381.9M	-405.9M
Net VEX	-1.7M	-1.8M	-1.5M	-1.5M	-1.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.53	1.05	0.82	0.81
Total Volume	473,109.474	394,368	580,344	397,752	466,272
Total OI	1,963,045.895	1,672,800	2,131,752	1,799,040	2,082,408

Daily Data (19 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
2018-02-01	$7.21	$5.83	50.8%	14.0%	29.4%	91.6%	52.5%	17.3%	-1.3%	2.7M	-381.9M	-1.5M	0.82	47.62	N/A	N/A	218,904	178,848	985,536	813,504
2018-02-02	$6.76	$5.83	54.7%	16.1%	38.8%	100.0%	56.0%	9.7%	0.8%	78.8K	-264.1M	-1.5M	0.82	42.00	N/A	N/A	281,088	231,192	1,011,792	830,352
2018-02-05	$6.11	$5.83	72.2%	20.3%	52.5%	100.0%	67.3%	15.7%	-1.5%	1.2M	-157.8M	-1.5M	0.81	64.03	N/A	N/A	319,368	259,704	919,488	753,312
2018-02-06	$6.41	$5.83	64.9%	17.7%	55.2%	84.6%	63.4%	22.4%	-4.7%	1.1M	-190.1M	-1.7M	0.72	65.18	N/A	N/A	268,512	193,440	997,704	856,584
2018-02-07	$6.25	$5.83	59.8%	16.9%	55.9%	73.8%	58.6%	14.9%	0.4%	1.6M	-188.2M	-1.7M	0.73	51.95	N/A	N/A	268,752	195,672	1,046,112	862,248
2018-02-08	$5.51	$5.83	82.8%	23.3%	71.1%	100.0%	80.7%	25.4%	2.2%	503.7K	-55.2M	-1.6M	0.70	50.01	N/A	N/A	267,336	187,896	1,087,776	895,632
2018-02-09	$5.70	$5.83	76.9%	21.1%	72.1%	89.8%	87.3%	43.3%	-5.8%	1.4M	-65.0M	-1.7M	1.05	48.28	N/A	N/A	283,032	297,312	1,147,368	907,944
2018-02-12	$5.98	$5.83	63.2%	18.0%	74.0%	65.9%	69.2%	27.5%	-0.6%	2.0M	-166.4M	-1.7M	0.73	43.59	N/A	N/A	271,056	196,656	1,067,088	886,200
2018-02-13	$6.08	$5.83	59.3%	16.9%	74.5%	59.1%	65.8%	19.6%	-0.1%	2.7M	-183.5M	-1.7M	0.80	34.89	N/A	N/A	218,640	175,728	1,101,720	907,344
2018-02-14	$6.42	$5.83	55.2%	15.8%	76.6%	52.0%	58.1%	18.7%	-3.6%	4.1M	-281.2M	-1.7M	0.63	52.24	N/A	N/A	280,896	177,816	1,117,248	915,936
2018-02-15	$6.73	$5.83	54.3%	15.7%	78.7%	50.5%	56.8%	12.8%	-4.0%	4.1M	-395.5M	-1.7M	0.60	40.45	N/A	N/A	319,896	190,896	1,159,824	941,136
2018-02-16	$6.71	$5.83	52.6%	15.0%	78.6%	47.6%	56.0%	16.0%	-0.4%	21.0M	-389.4M	-1.8M	0.53	39.23	N/A	N/A	347,112	185,328	1,169,904	961,848
2018-02-20	$6.73	$5.83	52.9%	15.7%	77.5%	48.2%	55.6%	15.6%	0.2%	3.9M	-343.2M	-1.7M	0.64	33.76	N/A	N/A	264,456	169,776	1,070,136	822,528
2018-02-21	$6.68	$5.83	56.2%	16.1%	76.8%	53.8%	55.8%	16.4%	-2.3%	4.0M	-352.2M	-1.7M	0.75	43.07	N/A	N/A	254,832	191,904	1,094,592	862,536
2018-02-22	$6.66	$5.83	55.2%	16.1%	76.6%	52.1%	59.7%	18.8%	-3.5%	3.6M	-316.6M	-1.7M	0.62	41.12	N/A	N/A	254,640	158,616	1,129,800	909,720
2018-02-23	$7.04	$5.83	46.9%	12.8%	79.5%	37.7%	49.7%	13.3%	-0.2%	11.7M	-462.8M	-1.7M	0.74	36.08	N/A	N/A	303,384	225,624	1,164,648	924,936
2018-02-26	$7.31	$5.83	46.4%	13.2%	79.3%	36.8%	51.3%	13.1%	0.1%	4.7M	-488.8M	-1.6M	0.62	39.04	N/A	N/A	257,040	160,392	1,063,416	854,184
2018-02-27	$7.10	$5.83	53.2%	15.1%	79.9%	48.7%	56.8%	15.2%	-1.3%	5.0M	-440.3M	-1.7M	0.62	51.87	N/A	N/A	287,640	179,424	1,097,424	877,944
2018-02-28	$6.96	$5.83	56.1%	16.7%	79.7%	53.7%	57.8%	18.4%	-1.9%	6.1M	-405.9M	-1.7M	0.81	53.52	N/A	N/A	257,808	208,464	1,162,584	919,824