TQQQ Options History — May 2018

In May 2018, TQQQ traded between $6.06 and $7.00. ATM implied volatility averaged 45.7%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 5.3% (HV 20d: 51.1%). Max pain ranged from $5.37 to $18.25. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.74.

Notable Days

2018-05-04: Highest Volume — 682,056 contracts
2018-05-29: Largest IV spike — 15.4% change
2018-05-01: Highest IV Rank — 45.4%
2018-05-01: Largest Expected Move — 16.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.70	$6.06	$7.00	$6.10	$6.99
Max Pain	$6.67	$5.37	$18.25	$6.25	$6.67
ATM IV	45.7%	40.7%	54.6%	54.6%	42.1%
Expected Move	13.3%	11.5%	16.3%	16.3%	12.2%
HV 20d	51.1%	32.7%	67.9%	67.9%	33.5%
HV 60d	69.3%	66.0%	77.4%	77.4%	66.0%
IV Rank	29.0%	19.1%	45.4%	45.4%	20.1%
IV Percentile	64.7%	47.2%	84.1%	84.1%	52.8%
Term Structure	0.3%	-0.7%	1.7%	-0.0%	0.1%
VWIV	47.8%	43.2%	55.7%	54.9%	46.3%
Skew 25d	13.6%	10.2%	16.7%	14.6%	14.9%
Skew 10d	26.5%	19.2%	35.2%	27.4%	35.2%
Call IV 25d	39.7%	35.6%	48.8%	48.8%	35.9%
Put IV 25d	53.3%	46.8%	63.4%	63.4%	50.8%
Bid-Ask Spread %	21.74	14.17	51.45	18.73	20.47
Gamma HHI	0.05	0.03	0.12	0.04	0.04
Net GEX	6.8M	-121.5K	12.8M	3.9M	8.5M
Net DEX	-374.7M	-565.3M	219.9M	-226.0M	-382.1M
Net VEX	-2.3M	-2.6M	-303.0K	-2.2M	-2.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.60	0.86	0.83	0.77
Total Volume	460,076	237,144	682,056	494,184	237,144
Total OI	2,701,525.091	902,208	3,482,496	2,459,544	3,268,264

Daily Data (22 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
2018-05-01	$6.10	$6.25	54.6%	16.3%	67.9%	45.4%	54.9%	14.6%	-0.0%	3.9M	-226.0M	-2.2M	0.83	18.73	N/A	N/A	270,000	224,184	1,402,416	1,057,128
2018-05-02	$6.10	$6.25	53.6%	15.8%	65.0%	43.7%	52.4%	16.2%	-0.5%	5.1M	-249.0M	-2.2M	0.76	51.45	N/A	N/A	280,440	213,408	1,459,368	1,080,456
2018-05-03	$6.06	$5.37	53.3%	15.4%	64.9%	43.2%	55.7%	16.3%	0.0%	4.7M	-232.2M	-2.2M	0.76	22.02	N/A	N/A	310,392	235,848	1,499,304	1,094,736
2018-05-04	$6.41	$5.37	48.8%	14.2%	60.9%	35.5%	50.5%	14.3%	1.3%	9.2M	-377.9M	-2.2M	0.81	18.45	N/A	N/A	376,272	305,784	1,519,368	1,112,880
2018-05-07	$6.55	$6.04	49.5%	14.3%	60.5%	36.6%	49.3%	13.4%	0.3%	5.2M	-363.1M	-2.3M	0.75	23.66	N/A	N/A	317,448	236,976	1,418,760	1,096,464
2018-05-08	$6.51	$6.04	47.9%	14.1%	58.3%	34.0%	49.1%	13.5%	1.7%	5.7M	-355.1M	-2.3M	0.74	21.37	N/A	N/A	276,144	204,936	1,475,544	1,134,576
2018-05-09	$6.72	$6.04	45.6%	13.6%	58.8%	30.0%	48.8%	12.9%	1.6%	8.2M	-459.8M	-2.3M	0.72	22.56	N/A	N/A	282,408	204,456	1,527,576	1,155,504
2018-05-10	$6.93	$6.04	43.0%	12.7%	58.3%	25.7%	45.7%	10.7%	1.2%	9.6M	-565.3M	-2.3M	0.68	20.17	N/A	N/A	327,816	223,320	1,573,968	1,173,840
2018-05-11	$6.92	$6.04	41.6%	12.2%	57.6%	23.3%	44.1%	10.2%	0.9%	10.2M	-561.0M	-2.4M	0.78	26.03	N/A	N/A	290,400	227,784	1,605,744	1,200,504
2018-05-14	$6.97	$6.04	43.1%	12.5%	57.2%	25.8%	44.6%	11.1%	-0.7%	7.9M	-521.4M	-2.3M	0.86	18.75	N/A	N/A	258,552	223,368	1,516,128	1,130,496
2018-05-15	$6.69	$6.04	47.1%	13.5%	55.3%	32.6%	47.9%	13.2%	0.3%	5.6M	-381.6M	-2.3M	0.84	26.97	N/A	N/A	293,592	247,632	1,541,520	1,181,712
2018-05-16	$6.86	$6.04	44.2%	12.7%	55.9%	27.6%	47.0%	12.6%	0.4%	7.0M	-469.5M	-2.4M	0.72	17.02	N/A	N/A	296,088	214,080	1,577,472	1,244,448
2018-05-17	$6.80	$6.04	44.6%	12.8%	55.2%	26.0%	46.5%	13.5%	-0.1%	6.9M	-447.2M	-2.4M	0.66	19.12	N/A	N/A	298,608	196,944	1,624,680	1,259,544
2018-05-18	$6.71	$6.04	44.4%	12.7%	51.1%	25.6%	45.5%	13.8%	0.2%	6.6M	-420.3M	-2.4M	0.69	19.73	N/A	N/A	317,928	218,064	1,672,080	1,273,032
2018-05-21	$6.75	$6.04	44.7%	12.9%	50.8%	26.1%	45.3%	13.9%	0.2%	5.4M	-417.9M	-2.4M	0.66	14.35	N/A	N/A	287,808	190,488	1,430,496	1,037,880
2018-05-22	$6.78	$6.04	44.1%	12.7%	40.4%	25.2%	47.1%	13.4%	-0.0%	6.8M	-440.0M	-2.4M	0.83	14.17	N/A	N/A	224,136	186,168	1,510,800	1,088,016
2018-05-23	$6.90	$6.04	42.8%	12.2%	40.4%	22.8%	44.9%	12.9%	-0.3%	8.6M	-481.4M	-2.4M	0.77	16.03	N/A	N/A	281,304	215,904	1,528,056	1,110,216
2018-05-24	$6.92	$18.25	41.2%	11.8%	32.8%	20.1%	43.6%	13.0%	0.2%	-121.5K	219.9M	-303.0K	0.67	25.65	N/A	N/A	152,576	102,600	521,264	380,944
2018-05-25	$6.93	$6.67	40.7%	11.5%	32.7%	19.1%	43.2%	12.0%	0.7%	12.8M	-377.1M	-2.5M	0.60	20.33	N/A	N/A	213,448	127,592	2,038,000	1,444,496
2018-05-29	$6.83	$6.67	46.9%	14.0%	32.8%	28.8%	50.9%	16.7%	0.4%	5.3M	-365.9M	-2.6M	0.69	21.35	N/A	N/A	165,704	114,384	1,873,200	1,340,672
2018-05-30	$7.00	$6.67	42.2%	12.3%	33.4%	20.4%	47.7%	15.4%	-0.1%	7.2M	-370.3M	-2.4M	0.70	19.82	N/A	N/A	146,512	103,032	1,887,448	1,364,552
2018-05-31	$6.99	$6.67	42.1%	12.2%	33.5%	20.1%	46.3%	14.9%	0.1%	8.5M	-382.1M	-2.5M	0.77	20.47	N/A	N/A	133,976	103,168	1,899,688	1,368,576