TQQQ Options History — July 2018

In July 2018, TQQQ traded between $7.05 and $8.54. ATM implied volatility averaged 47.4%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 5.3% (HV 20d: 42.1%). Max pain ranged from $6.25 to $7.33. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.03.

Notable Days

2018-07-27: Highest Volume — 275,512 contracts
2018-07-26: Largest IV spike — 10.9% change
2018-07-03: Highest IV Rank — 49.1%
2018-07-03: Largest Expected Move — 16.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.90	$7.05	$8.54	$7.24	$7.67
Max Pain	$7.07	$6.25	$7.33	$6.25	$7.33
ATM IV	47.4%	40.9%	58.3%	56.1%	50.9%
Expected Move	13.7%	11.9%	16.3%	15.5%	15.1%
HV 20d	42.1%	32.8%	46.5%	37.2%	44.0%
HV 60d	40.9%	35.2%	45.0%	44.8%	37.8%
IV Rank	29.6%	18.1%	49.1%	45.3%	35.9%
IV Percentile	66.1%	42.9%	88.5%	85.3%	74.6%
Term Structure	0.3%	-1.4%	1.5%	0.3%	-0.5%
VWIV	52.2%	48.3%	56.7%	53.6%	54.1%
Skew 25d	16.5%	13.7%	19.8%	19.4%	17.6%
Skew 10d	32.1%	27.2%	42.7%	37.9%	32.6%
Call IV 25d	39.9%	34.1%	48.8%	47.8%	43.1%
Put IV 25d	56.4%	48.9%	67.4%	67.2%	60.7%
Bid-Ask Spread %	10.60	8.24	16.03	12.73	10.91
Gamma HHI	0.04	0.02	0.08	0.03	0.03
Net GEX	4.4M	-420.4K	7.2M	2.6M	1.6M
Net DEX	-513.5M	-669.9M	-314.6M	-361.4M	-372.9M
Net VEX	-2.0M	-2.2M	-1.8M	-2.2M	-2.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.03	0.71	1.34	1.14	1.01
Total Volume	188,706.667	139,280	275,512	182,712	180,480
Total OI	2,085,114.286	1,916,864	2,190,200	2,015,968	2,059,648

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
2018-07-02	$7.24	$6.25	56.1%	15.5%	37.2%	45.3%	53.6%	19.4%	0.3%	2.6M	-361.4M	-2.2M	1.14	12.73	N/A	N/A	85,328	97,384	1,121,360	894,608
2018-07-03	$7.05	$6.25	58.3%	16.3%	37.9%	49.1%	55.3%	18.6%	0.2%	2.7M	-314.6M	-2.2M	1.23	16.03	N/A	N/A	72,272	89,000	1,157,952	915,256
2018-07-05	$7.30	$7.13	54.5%	15.7%	40.0%	42.3%	55.8%	19.8%	0.3%	3.9M	-379.1M	-2.2M	1.08	11.06	N/A	N/A	88,032	94,736	1,169,128	931,000
2018-07-06	$7.63	$7.13	49.0%	14.3%	42.9%	32.6%	53.3%	18.1%	0.2%	5.2M	-507.0M	-2.1M	1.02	9.75	N/A	N/A	113,128	115,856	1,191,144	945,344
2018-07-09	$7.83	$7.13	46.4%	13.4%	43.8%	27.9%	52.2%	17.3%	1.5%	5.0M	-528.0M	-2.1M	0.99	10.36	N/A	N/A	96,360	95,328	1,158,248	909,288
2018-07-10	$7.86	$7.13	45.5%	13.4%	43.7%	26.2%	52.5%	16.5%	0.9%	6.4M	-549.9M	-2.1M	1.05	9.63	N/A	N/A	91,872	96,424	1,184,192	931,144
2018-07-11	$7.76	$7.08	46.8%	13.7%	44.0%	28.6%	53.1%	17.1%	1.1%	7.2M	-517.9M	-2.1M	1.15	10.15	N/A	N/A	82,704	95,488	1,199,136	940,304
2018-07-12	$8.11	$7.08	44.0%	12.9%	46.5%	23.7%	53.1%	15.9%	1.0%	7.2M	-636.5M	-2.1M	0.71	8.52	N/A	N/A	129,704	91,480	1,212,640	947,528
2018-07-13	$8.17	$7.08	44.0%	12.8%	45.7%	23.6%	53.1%	17.8%	1.0%	7.0M	-669.9M	-2.0M	0.78	8.26	N/A	N/A	113,136	87,728	1,226,896	959,872
2018-07-16	$8.11	$7.13	44.9%	12.9%	45.6%	25.2%	51.8%	16.2%	0.1%	5.5M	-591.6M	-2.0M	1.34	8.24	N/A	N/A	71,248	95,248	1,161,320	900,952
2018-07-17	$8.30	$7.13	43.7%	12.6%	46.2%	23.0%	51.9%	15.0%	-0.3%	5.0M	-639.7M	-2.0M	1.02	10.91	N/A	N/A	83,240	84,872	1,173,168	938,472
2018-07-18	$8.21	$7.13	43.1%	12.4%	46.1%	22.0%	50.4%	13.7%	-0.1%	5.4M	-626.2M	-1.9M	1.14	8.86	N/A	N/A	65,024	74,256	1,191,032	954,424
2018-07-19	$8.10	$7.13	45.2%	13.0%	45.4%	25.7%	51.6%	14.6%	-0.3%	4.7M	-583.9M	-2.0M	1.04	10.90	N/A	N/A	84,144	87,640	1,196,592	969,040
2018-07-20	$8.07	$7.13	44.1%	12.6%	43.6%	23.7%	50.3%	15.0%	0.7%	4.9M	-568.7M	-1.9M	1.09	9.45	N/A	N/A	98,440	107,568	1,196,040	994,160
2018-07-23	$8.12	$7.13	43.9%	12.8%	43.6%	23.4%	50.2%	15.5%	0.5%	2.9M	-502.4M	-2.0M	1.01	9.24	N/A	N/A	84,032	84,728	1,050,216	866,648
2018-07-24	$8.21	$7.21	44.5%	13.0%	32.8%	24.4%	49.5%	15.8%	1.1%	3.9M	-532.5M	-2.0M	0.94	9.74	N/A	N/A	86,912	81,360	1,080,944	896,152
2018-07-25	$8.54	$7.21	40.9%	11.9%	34.5%	18.1%	48.3%	13.9%	1.0%	5.3M	-628.6M	-1.8M	0.83	13.88	N/A	N/A	82,424	68,624	1,105,200	914,656
2018-07-26	$8.21	$7.21	45.4%	13.4%	36.2%	26.1%	48.5%	14.4%	1.0%	4.4M	-532.0M	-1.9M	1.05	10.10	N/A	N/A	88,744	93,504	1,123,928	929,024
2018-07-27	$7.88	$7.25	49.4%	14.3%	40.1%	33.2%	51.1%	16.0%	-1.3%	-420.4K	-401.2M	-2.0M	1.15	11.45	N/A	N/A	127,936	147,576	1,151,544	966,624
2018-07-30	$7.54	$7.25	53.7%	15.9%	43.6%	40.9%	56.7%	18.5%	-1.4%	1.2M	-338.7M	-2.0M	0.80	12.34	N/A	N/A	138,120	110,760	1,078,624	893,952
2018-07-31	$7.67	$7.33	50.9%	15.1%	44.0%	35.9%	54.1%	17.6%	-0.5%	1.6M	-372.9M	-2.0M	1.01	10.91	N/A	N/A	89,704	90,776	1,121,912	937,736