TQQQ Options History — April 2018

In April 2018, TQQQ traded between $5.46 and $6.66. ATM implied volatility averaged 64.6%, placing in the 62.5% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded below realized volatility by 22.8% (HV 20d: 87.4%). Max pain ranged from $6.25 to $6.62. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.76.

Notable Days

2018-04-02: Highest Volume — 618,384 contracts
2018-04-26: Largest IV drop — 13.0% change
2018-04-02: Highest IV Rank — 98.0%
2018-04-02: Largest Expected Move — 26.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.02	$5.46	$6.66	$5.46	$6.03
Max Pain	$6.43	$6.25	$6.62	$6.62	$6.25
ATM IV	64.6%	51.6%	85.5%	85.5%	56.6%
Expected Move	18.7%	14.8%	26.1%	26.1%	17.0%
HV 20d	87.4%	68.6%	93.7%	85.5%	68.6%
HV 60d	74.7%	70.3%	78.4%	70.3%	78.4%
IV Rank	62.5%	40.3%	98.0%	98.0%	48.7%
IV Percentile	92.3%	82.9%	99.6%	99.6%	88.1%
Term Structure	-1.5%	-5.5%	0.3%	-5.5%	-1.4%
VWIV	61.1%	50.0%	84.1%	84.1%	56.0%
Skew 25d	18.7%	13.3%	25.1%	23.2%	16.9%
Skew 10d	34.7%	25.0%	46.1%	42.4%	32.8%
Call IV 25d	55.4%	45.3%	73.9%	73.9%	47.9%
Put IV 25d	74.2%	60.4%	97.0%	97.0%	64.8%
Bid-Ask Spread %	27.23	13.06	43.20	42.42	23.74
Gamma HHI	0.04	0.02	0.07	0.03	0.03
Net GEX	3.2M	69.5K	7.0M	313.6K	3.2M
Net DEX	-190.6M	-390.1M	-41.1M	-41.1M	-206.4M
Net VEX	-2.1M	-2.2M	-1.9M	-1.9M	-2.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.62	0.98	0.96	0.93
Total Volume	502,210.286	424,968	618,384	618,384	512,304
Total OI	2,449,690.286	2,175,912	2,620,560	2,175,912	2,339,544

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
2018-04-02	$5.46	$6.62	85.5%	26.1%	85.5%	98.0%	84.1%	23.2%	-5.5%	313.6K	-41.1M	-1.9M	0.96	42.42	N/A	N/A	315,384	303,000	1,225,416	950,496
2018-04-03	$5.64	$6.54	77.9%	23.1%	85.6%	85.6%	74.7%	24.3%	-1.1%	69.5K	-62.2M	-2.0M	0.72	41.49	N/A	N/A	309,480	223,176	1,290,744	1,041,816
2018-04-04	$5.97	$6.46	73.0%	23.1%	88.7%	77.7%	73.8%	13.3%	-2.2%	1.7M	-146.5M	-2.2M	0.78	43.20	N/A	N/A	314,760	244,872	1,357,008	1,056,240
2018-04-05	$6.04	$6.46	68.0%	18.8%	88.7%	69.6%	64.5%	19.7%	-2.7%	3.2M	-181.2M	-2.2M	0.82	17.20	N/A	N/A	270,528	220,848	1,428,504	1,104,240
2018-04-06	$5.59	$6.46	76.9%	20.8%	91.7%	83.2%	69.5%	22.1%	-2.6%	1.1M	-51.9M	-2.1M	0.98	21.91	N/A	N/A	299,520	292,296	1,465,632	1,124,064
2018-04-09	$5.76	$6.46	73.1%	20.3%	89.4%	76.9%	60.3%	25.1%	0.2%	1.2M	-116.2M	-2.1M	0.65	26.83	N/A	N/A	297,720	194,640	1,352,376	1,019,568
2018-04-10	$6.06	$6.46	69.4%	19.4%	91.5%	70.6%	60.7%	20.0%	-1.2%	2.8M	-195.4M	-2.2M	0.62	20.14	N/A	N/A	305,448	189,096	1,405,896	1,048,200
2018-04-11	$5.97	$6.46	69.1%	19.2%	90.9%	70.1%	60.5%	20.2%	-1.9%	3.6M	-179.2M	-2.1M	0.77	21.06	N/A	N/A	246,744	189,456	1,464,216	1,068,936
2018-04-12	$6.20	$6.46	62.4%	17.7%	92.5%	58.6%	57.5%	17.5%	-0.2%	6.2M	-258.2M	-2.2M	0.85	20.79	N/A	N/A	257,136	217,896	1,482,312	1,083,192
2018-04-13	$6.07	$6.46	61.8%	17.5%	92.5%	57.6%	56.8%	18.9%	-1.2%	6.8M	-190.9M	-2.1M	0.72	33.28	N/A	N/A	288,504	207,744	1,497,168	1,116,504
2018-04-16	$6.22	$6.46	56.5%	16.1%	93.3%	48.6%	52.6%	16.7%	0.3%	2.1M	-216.0M	-2.1M	0.79	22.52	N/A	N/A	240,696	189,816	1,353,864	1,016,424
2018-04-17	$6.62	$6.46	51.6%	14.8%	93.5%	40.3%	50.0%	15.1%	-0.9%	5.3M	-364.3M	-2.2M	0.65	22.48	N/A	N/A	309,984	201,048	1,393,440	1,040,544
2018-04-18	$6.66	$6.42	52.2%	15.0%	93.5%	41.3%	52.6%	15.5%	-0.8%	7.0M	-390.1M	-2.2M	0.68	21.85	N/A	N/A	268,728	182,256	1,450,656	1,068,336
2018-04-19	$6.49	$6.46	54.3%	15.6%	93.7%	44.9%	51.9%	15.0%	-2.4%	5.8M	-322.8M	-2.2M	0.72	30.66	N/A	N/A	268,800	194,304	1,491,768	1,084,968
2018-04-20	$6.14	$6.46	59.8%	17.3%	92.3%	54.2%	56.4%	17.4%	-1.5%	467.1K	-177.3M	-2.1M	0.64	25.40	N/A	N/A	312,816	201,480	1,522,392	1,098,168
2018-04-23	$6.08	$6.42	60.5%	17.7%	87.9%	55.5%	56.4%	17.9%	-2.0%	3.2M	-210.9M	-2.1M	0.65	13.06	N/A	N/A	257,136	167,832	1,310,112	915,360
2018-04-24	$5.62	$6.42	67.4%	20.0%	83.8%	67.1%	65.8%	20.8%	-1.1%	1.3M	-108.6M	-2.0M	0.74	36.12	N/A	N/A	280,776	209,088	1,366,512	952,704
2018-04-25	$5.69	$6.29	66.0%	19.7%	75.8%	64.8%	66.6%	19.1%	-0.3%	1.3M	-111.9M	-2.0M	0.84	28.73	N/A	N/A	236,256	199,512	1,403,160	1,005,696
2018-04-26	$6.12	$6.29	57.5%	16.8%	79.4%	50.2%	57.0%	17.8%	-1.8%	4.5M	-236.1M	-2.1M	0.70	25.99	N/A	N/A	306,360	213,768	1,444,704	1,035,672
2018-04-27	$6.11	$6.25	57.0%	16.3%	77.3%	49.4%	55.0%	17.0%	-1.1%	5.0M	-236.1M	-2.1M	0.81	32.92	N/A	N/A	334,296	270,912	1,490,232	1,076,712
2018-04-30	$6.03	$6.25	56.6%	17.0%	68.6%	48.7%	56.0%	16.9%	-1.4%	3.2M	-206.4M	-2.1M	0.93	23.74	N/A	N/A	265,848	246,456	1,343,232	996,312