TQQQ Options History — March 2018

In March 2018, TQQQ traded between $5.71 and $7.79. ATM implied volatility averaged 58.0%, placing in the 56.3% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded below realized volatility by 5.0% (HV 20d: 63.0%). Max pain ranged from $5.87 to $6.79. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2018-03-28: Highest Volume — 677,904 contracts
2018-03-19: Largest IV spike — 28.2% change
2018-03-28: Highest IV Rank — 100.0%
2018-03-28: Largest Expected Move — 25.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.87	$5.71	$7.79	$6.61	$6.01
Max Pain	$6.58	$5.87	$6.79	$5.87	$6.62
ATM IV	58.0%	42.8%	86.8%	63.2%	74.9%
Expected Move	17.0%	12.6%	25.9%	19.9%	21.5%
HV 20d	63.0%	45.1%	82.1%	81.5%	80.2%
HV 60d	56.9%	52.4%	67.8%	52.8%	67.8%
IV Rank	56.3%	30.5%	100.0%	66.0%	80.7%
IV Percentile	92.2%	75.8%	100.0%	98.4%	98.0%
Term Structure	0.3%	-6.5%	2.5%	-0.9%	-0.0%
VWIV	58.4%	47.1%	83.1%	70.9%	69.0%
Skew 25d	17.1%	9.9%	26.9%	16.2%	23.8%
Skew 10d	34.7%	17.6%	50.8%	33.8%	36.5%
Call IV 25d	50.0%	38.1%	72.8%	57.1%	62.4%
Put IV 25d	67.1%	48.0%	95.9%	73.3%	86.2%
Bid-Ask Spread %	32.95	16.05	59.68	54.03	29.79
Gamma HHI	0.04	0.03	0.07	0.03	0.03
Net GEX	2.5M	-214.8K	7.9M	2.3M	1.0M
Net DEX	-327.0M	-638.1M	-48.6M	-273.2M	-137.5M
Net VEX	-1.8M	-2.1M	-1.7M	-1.7M	-2.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.58	1.08	0.78	0.62
Total Volume	512,800	417,840	677,904	569,352	570,336
Total OI	2,138,174.857	1,740,720	2,371,872	2,173,008	2,371,872

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
2018-03-01	$6.61	$5.87	63.2%	19.9%	81.5%	66.0%	70.9%	16.2%	-0.9%	2.3M	-273.2M	-1.7M	0.78	54.03	N/A	N/A	319,320	250,032	1,206,000	967,008
2018-03-02	$6.79	$5.96	54.5%	16.2%	82.1%	50.8%	57.4%	16.4%	1.1%	2.5M	-323.8M	-1.7M	0.91	58.70	N/A	N/A	309,696	280,776	1,262,544	1,020,816
2018-03-05	$7.00	$6.54	49.8%	14.9%	79.6%	42.7%	53.2%	18.2%	1.6%	3.7M	-390.8M	-1.7M	0.79	22.71	N/A	N/A	254,496	200,064	1,105,512	952,440
2018-03-06	$7.05	$6.54	50.6%	14.9%	69.8%	44.1%	54.9%	16.8%	1.2%	5.4M	-421.1M	-1.7M	0.79	23.48	N/A	N/A	241,272	189,936	1,150,392	976,128
2018-03-07	$7.12	$6.58	50.8%	14.7%	68.2%	44.5%	54.6%	15.3%	0.0%	6.5M	-440.7M	-1.7M	0.82	26.21	N/A	N/A	243,360	199,248	1,172,304	991,584
2018-03-08	$7.21	$6.58	48.2%	14.1%	67.3%	39.9%	53.5%	15.5%	1.1%	7.9M	-472.3M	-1.7M	0.77	30.25	N/A	N/A	253,440	196,128	1,190,304	1,024,752
2018-03-09	$7.64	$6.58	42.8%	12.6%	47.8%	30.5%	47.1%	9.9%	-0.4%	3.8M	-638.1M	-1.7M	0.64	25.90	N/A	N/A	354,888	227,232	1,211,904	1,035,792
2018-03-12	$7.79	$6.62	46.0%	13.7%	47.3%	36.1%	50.2%	11.7%	1.7%	4.8M	-578.1M	-1.7M	0.82	21.92	N/A	N/A	290,280	236,928	1,095,072	948,480
2018-03-13	$7.47	$6.62	51.9%	15.0%	49.8%	46.4%	54.5%	17.9%	0.9%	3.8M	-482.8M	-1.7M	0.92	26.77	N/A	N/A	269,448	248,928	1,150,824	1,007,160
2018-03-14	$7.46	$6.67	50.6%	14.7%	50.0%	44.1%	51.8%	13.9%	0.4%	1.8M	-471.8M	-1.7M	0.87	21.49	N/A	N/A	248,448	216,360	1,181,016	1,085,904
2018-03-15	$7.45	$6.67	47.9%	14.2%	47.2%	39.4%	51.4%	12.7%	2.5%	1.2M	-468.8M	-1.7M	0.76	22.40	N/A	N/A	241,776	183,360	1,211,352	1,105,200
2018-03-16	$7.43	$6.67	43.9%	12.9%	45.1%	32.4%	47.7%	12.0%	2.0%	1.0M	-459.0M	-1.7M	1.08	27.23	N/A	N/A	322,392	348,048	1,208,640	1,114,752
2018-03-19	$6.91	$6.67	56.3%	16.1%	52.6%	53.9%	53.8%	19.9%	1.5%	966.8K	-248.5M	-1.7M	0.66	27.33	N/A	N/A	313,944	206,016	973,344	767,376
2018-03-20	$6.97	$6.79	54.7%	15.7%	52.6%	51.3%	53.3%	20.1%	0.7%	1.7M	-270.5M	-1.9M	0.69	16.05	N/A	N/A	247,488	170,352	1,067,736	851,184
2018-03-21	$6.86	$6.77	56.1%	16.1%	52.9%	53.5%	54.7%	14.0%	1.2%	2.0M	-260.2M	-1.8M	0.74	42.24	N/A	N/A	245,688	182,064	1,105,464	865,920
2018-03-22	$6.38	$6.71	65.8%	18.7%	59.1%	70.4%	62.5%	26.9%	2.0%	-214.8K	-145.4M	-1.8M	0.78	36.55	N/A	N/A	275,976	216,024	1,146,456	893,568
2018-03-23	$5.90	$6.67	76.2%	21.9%	60.9%	88.5%	70.2%	20.1%	1.0%	639.1K	-48.6M	-1.8M	0.92	46.23	N/A	N/A	298,296	275,136	1,196,472	937,512
2018-03-26	$6.53	$6.67	64.8%	18.9%	70.7%	68.6%	61.9%	18.1%	-0.3%	1.3M	-203.8M	-2.0M	0.62	33.10	N/A	N/A	308,088	190,512	1,093,680	910,224
2018-03-27	$5.89	$6.67	81.7%	23.3%	78.6%	98.0%	70.4%	16.5%	-6.5%	344.1K	-77.3M	-1.9M	0.79	59.68	N/A	N/A	260,472	204,648	1,184,136	943,608
2018-03-28	$5.71	$6.67	86.8%	25.9%	78.9%	100.0%	83.1%	23.1%	-3.5%	37.6K	-54.8M	-1.9M	0.58	39.78	N/A	N/A	429,336	248,568	1,230,624	986,616
2018-03-29	$6.01	$6.62	74.9%	21.5%	80.2%	80.7%	69.0%	23.8%	-0.0%	1.0M	-137.5M	-2.1M	0.62	29.79	N/A	N/A	352,080	218,256	1,343,760	1,028,112