TQQQ Options History — August 2018

In August 2018, TQQQ traded between $7.79 and $9.06. ATM implied volatility averaged 40.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 3.9% (HV 20d: 36.6%). Max pain ranged from $6.67 to $7.38. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 0.89.

Notable Days

2018-08-24: Highest Volume — 243,128 contracts
2018-08-15: Largest IV spike — 16.6% change
2018-08-01: Highest IV Rank — 30.2%
2018-08-01: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.37	$7.79	$9.06	$7.79	$9.02
Max Pain	$6.87	$6.67	$7.38	$7.33	$7.00
ATM IV	40.6%	36.3%	47.7%	47.7%	41.2%
Expected Move	11.7%	10.7%	13.7%	13.7%	11.5%
HV 20d	36.6%	27.4%	43.0%	42.8%	27.4%
HV 60d	37.4%	36.5%	38.3%	37.7%	37.1%
IV Rank	17.4%	9.8%	30.2%	30.2%	18.6%
IV Percentile	39.7%	21.0%	68.3%	68.3%	43.3%
Term Structure	1.0%	-0.9%	2.5%	-0.9%	1.3%
VWIV	45.2%	39.9%	49.8%	47.6%	45.4%
Skew 25d	13.4%	9.8%	16.9%	16.3%	11.8%
Skew 10d	26.2%	20.3%	33.8%	32.9%	23.1%
Call IV 25d	34.7%	31.1%	40.4%	40.4%	36.3%
Put IV 25d	48.1%	42.5%	56.7%	56.7%	48.1%
Bid-Ask Spread %	14.21	8.70	36.30	16.09	36.11
Gamma HHI	0.05	0.03	0.11	0.03	0.09
Net GEX	5.2M	1.1M	9.7M	2.3M	7.0M
Net DEX	-554.4M	-732.4M	-396.6M	-396.6M	-714.6M
Net VEX	-1.8M	-2.0M	-1.6M	-2.0M	-1.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.56	1.18	1.06	0.89
Total Volume	185,349.565	134,616	243,128	154,016	207,360
Total OI	2,030,800.348	1,917,832	2,148,880	2,103,800	2,106,208

Daily Data (23 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
2018-08-01	$7.79	$7.33	47.7%	13.7%	42.8%	30.2%	47.6%	16.3%	-0.9%	2.3M	-396.6M	-2.0M	1.06	16.09	N/A	N/A	74,888	79,128	1,146,768	957,032
2018-08-02	$8.09	$7.33	42.5%	12.1%	43.0%	20.9%	43.3%	14.8%	0.5%	6.1M	-523.3M	-1.9M	0.74	15.03	N/A	N/A	116,608	85,896	1,157,040	968,112
2018-08-03	$8.15	$7.38	40.5%	11.0%	40.6%	17.3%	42.3%	13.8%	0.5%	3.8M	-492.9M	-1.9M	0.74	16.08	N/A	N/A	123,560	92,032	1,175,904	972,976
2018-08-06	$8.31	$6.67	38.5%	11.5%	40.2%	13.7%	46.7%	12.8%	1.7%	5.1M	-559.0M	-1.8M	1.08	9.60	N/A	N/A	80,808	87,296	1,078,200	867,872
2018-08-07	$8.40	$6.67	37.5%	11.4%	40.2%	12.0%	47.3%	11.7%	0.9%	6.0M	-591.9M	-1.7M	1.05	11.32	N/A	N/A	87,008	91,120	1,099,560	880,512
2018-08-08	$8.46	$6.67	36.4%	10.9%	39.8%	9.9%	48.5%	11.7%	1.6%	5.9M	-602.7M	-1.8M	0.93	9.20	N/A	N/A	73,920	68,848	1,116,752	900,256
2018-08-09	$8.45	$6.67	36.3%	10.8%	37.0%	9.8%	46.8%	11.3%	1.0%	8.0M	-603.1M	-1.8M	0.90	10.85	N/A	N/A	70,976	63,640	1,131,352	907,056
2018-08-10	$8.21	$6.67	41.7%	12.3%	38.4%	19.4%	45.2%	14.0%	0.4%	6.1M	-523.2M	-1.8M	1.02	12.22	N/A	N/A	101,904	104,416	1,135,152	909,096
2018-08-13	$8.23	$6.67	42.9%	12.4%	38.3%	21.6%	46.1%	15.8%	0.2%	3.4M	-509.7M	-1.8M	1.04	9.60	N/A	N/A	79,200	82,240	1,076,184	883,904
2018-08-14	$8.37	$6.67	39.3%	11.8%	37.8%	15.1%	43.5%	13.7%	2.3%	4.6M	-549.4M	-1.8M	1.09	8.70	N/A	N/A	75,256	81,752	1,092,272	904,072
2018-08-15	$8.04	$6.75	45.8%	13.4%	40.2%	26.8%	47.7%	16.9%	0.8%	1.6M	-446.3M	-1.9M	0.82	12.23	N/A	N/A	131,768	108,320	1,102,256	929,336
2018-08-16	$8.12	$6.75	42.6%	12.4%	40.1%	21.1%	44.6%	15.3%	1.1%	3.1M	-471.4M	-1.9M	0.99	10.48	N/A	N/A	94,528	93,232	1,138,480	972,576
2018-08-17	$8.13	$6.83	40.7%	12.0%	40.1%	17.7%	48.6%	15.0%	1.5%	1.1M	-476.0M	-1.9M	0.71	14.85	N/A	N/A	112,616	80,416	1,150,832	970,400
2018-08-20	$8.12	$6.88	41.4%	12.0%	40.0%	19.0%	49.8%	15.3%	1.4%	3.7M	-464.7M	-1.9M	0.80	13.08	N/A	N/A	78,688	63,088	1,058,888	858,944
2018-08-21	$8.21	$6.88	41.4%	11.9%	40.0%	19.0%	44.3%	13.7%	0.7%	4.7M	-496.7M	-1.8M	0.75	11.83	N/A	N/A	80,816	60,528	1,080,912	878,000
2018-08-22	$8.29	$6.88	40.2%	11.5%	37.6%	16.7%	41.3%	13.7%	0.7%	6.5M	-526.3M	-1.8M	0.87	9.96	N/A	N/A	72,344	62,976	1,104,904	894,288
2018-08-23	$8.25	$6.88	40.1%	11.4%	34.9%	16.7%	45.9%	14.0%	2.5%	8.2M	-527.1M	-1.7M	0.73	11.81	N/A	N/A	100,536	73,760	1,119,632	901,568
2018-08-24	$8.46	$6.88	38.8%	11.0%	32.3%	14.4%	39.9%	12.8%	0.7%	9.7M	-603.7M	-1.7M	0.56	9.10	N/A	N/A	155,624	87,504	1,124,512	906,432
2018-08-27	$8.69	$6.88	39.3%	11.0%	27.9%	15.2%	43.6%	12.2%	0.7%	5.9M	-608.9M	-1.7M	1.18	13.65	N/A	N/A	103,448	122,040	1,072,336	865,240
2018-08-28	$8.76	$6.92	38.8%	10.7%	27.6%	14.3%	44.4%	11.6%	1.2%	5.6M	-634.9M	-1.7M	0.73	13.15	N/A	N/A	110,200	80,616	1,102,304	897,080
2018-08-29	$9.06	$6.92	38.6%	11.0%	29.1%	14.0%	41.5%	9.8%	1.0%	6.2M	-732.4M	-1.6M	0.93	15.55	N/A	N/A	124,152	114,840	1,123,160	906,304
2018-08-30	$8.97	$6.92	40.6%	11.6%	27.5%	17.5%	44.6%	10.5%	1.2%	6.1M	-696.0M	-1.8M	0.91	36.30	N/A	N/A	116,704	106,440	1,142,960	940,784
2018-08-31	$9.02	$7.00	41.2%	11.5%	27.4%	18.6%	45.4%	11.8%	1.3%	7.0M	-714.6M	-1.7M	0.89	36.11	N/A	N/A	109,640	97,720	1,154,696	951,512