TQQQ Options History — November 2018

In November 2018, TQQQ traded between $5.30 and $7.14. ATM implied volatility averaged 70.9%, placing in the 66.7% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded below realized volatility by 22.8% (HV 20d: 93.7%). Max pain ranged from $6.88 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2018-11-02: Highest Volume — 401,040 contracts
2018-11-12: Largest IV spike — 17.0% change
2018-11-20: Highest IV Rank — 82.8%
2018-11-02: Largest Expected Move — 23.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.18	$5.30	$7.14	$6.78	$6.33
Max Pain	$7.20	$6.88	$7.50	$7.13	$6.88
ATM IV	70.9%	59.9%	80.6%	71.3%	67.8%
Expected Move	20.8%	17.3%	23.8%	23.2%	21.0%
HV 20d	93.7%	81.5%	100.7%	97.6%	81.5%
HV 60d	69.1%	62.6%	75.9%	62.6%	75.5%
IV Rank	66.7%	48.3%	82.8%	67.3%	61.4%
IV Percentile	89.6%	82.1%	97.2%	92.1%	83.7%
Term Structure	-1.3%	-10.2%	0.8%	-1.3%	-0.2%
VWIV	70.7%	61.9%	79.4%	75.0%	71.7%
Skew 25d	19.2%	13.8%	23.7%	22.9%	14.9%
Skew 10d	34.4%	24.8%	42.3%	41.6%	26.2%
Call IV 25d	61.0%	50.9%	70.1%	59.3%	60.6%
Put IV 25d	80.2%	69.1%	90.0%	82.2%	75.5%
Bid-Ask Spread %	13.66	9.66	27.59	12.75	27.30
Gamma HHI	0.05	0.03	0.16	0.04	0.12
Net GEX	3.8M	778.6K	8.8M	5.0M	8.8M
Net DEX	-163.8M	-379.5M	-5.6M	-274.5M	-291.7M
Net VEX	-1.7M	-1.9M	-1.4M	-1.9M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.49	1.05	0.69	0.63
Total Volume	332,977.143	251,432	401,040	341,288	341,456
Total OI	2,483,088.381	2,281,560	2,660,536	2,513,760	2,605,016

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
2018-11-01	$6.78	$7.13	71.3%	23.2%	97.6%	67.3%	75.0%	22.9%	-1.3%	5.0M	-274.5M	-1.9M	0.69	12.75	N/A	N/A	201,880	139,408	1,476,840	1,036,920
2018-11-02	$6.50	$7.13	72.8%	23.8%	98.0%	69.9%	79.4%	23.3%	-1.6%	6.4M	-188.8M	-1.8M	0.78	15.34	N/A	N/A	224,976	176,064	1,516,296	1,060,040
2018-11-05	$6.41	$7.50	73.3%	20.7%	98.0%	70.6%	71.6%	23.4%	-0.2%	2.6M	-164.0M	-1.8M	0.88	11.14	N/A	N/A	134,200	118,480	1,384,480	990,640
2018-11-06	$6.53	$7.50	71.2%	20.0%	98.4%	67.1%	68.9%	21.5%	0.4%	3.5M	-199.6M	-1.8M	1.05	9.66	N/A	N/A	122,808	128,624	1,416,528	1,002,208
2018-11-07	$7.14	$7.50	59.9%	17.4%	95.0%	48.3%	62.4%	18.3%	0.2%	6.6M	-379.5M	-1.9M	0.69	10.66	N/A	N/A	192,136	132,000	1,437,304	1,016,848
2018-11-08	$6.99	$7.50	60.2%	17.3%	94.1%	48.8%	61.9%	19.1%	0.2%	6.6M	-330.3M	-1.8M	0.92	14.86	N/A	N/A	132,264	121,384	1,458,208	1,024,512
2018-11-09	$6.74	$7.50	63.5%	18.4%	92.7%	54.3%	62.2%	21.2%	0.0%	5.3M	-237.6M	-1.8M	0.83	11.46	N/A	N/A	176,136	145,848	1,465,696	1,038,960
2018-11-12	$6.15	$7.50	74.3%	21.1%	97.8%	72.3%	73.8%	23.7%	-0.2%	1.5M	-99.8M	-1.6M	0.93	12.77	N/A	N/A	191,888	178,264	1,362,288	976,232
2018-11-13	$6.11	$7.50	74.5%	21.2%	93.7%	72.7%	73.6%	22.7%	0.7%	1.9M	-97.5M	-1.6M	0.69	12.03	N/A	N/A	209,528	143,880	1,441,992	1,018,680
2018-11-14	$6.02	$7.50	76.4%	21.7%	93.6%	75.9%	77.8%	21.6%	-0.0%	2.0M	-85.3M	-1.6M	1.04	10.78	N/A	N/A	151,448	157,768	1,490,000	1,033,888
2018-11-15	$6.24	$7.38	71.8%	20.6%	92.8%	68.2%	70.5%	19.7%	0.7%	3.0M	-134.3M	-1.7M	0.78	14.17	N/A	N/A	194,312	152,096	1,525,848	1,061,408
2018-11-16	$6.26	$7.29	67.8%	19.6%	92.9%	61.6%	67.9%	18.1%	0.8%	4.8M	-145.1M	-1.7M	0.73	11.86	N/A	N/A	205,056	150,504	1,568,864	1,091,672
2018-11-19	$5.58	$7.25	77.8%	22.2%	100.0%	78.2%	72.3%	18.1%	-3.9%	1.1M	-46.5M	-1.5M	0.71	12.16	N/A	N/A	233,576	165,840	1,330,704	950,856
2018-11-20	$5.32	$7.00	80.6%	23.0%	100.7%	82.8%	74.5%	19.9%	-3.3%	778.6K	-5.6M	-1.4M	0.62	12.45	N/A	N/A	241,896	150,384	1,433,528	981,424
2018-11-21	$5.44	$6.88	75.5%	21.6%	96.6%	74.3%	70.6%	17.4%	-3.0%	1.4M	-36.5M	-1.5M	0.79	11.34	N/A	N/A	198,368	156,600	1,504,376	1,010,312
2018-11-23	$5.30	$6.88	77.4%	22.5%	94.2%	77.5%	72.8%	17.9%	-4.6%	1.1M	-7.4M	-1.4M	1.00	13.98	N/A	N/A	143,232	142,648	1,546,256	1,030,352
2018-11-26	$5.65	$6.88	72.5%	21.3%	93.2%	69.3%	71.1%	16.7%	-1.8%	2.4M	-85.0M	-1.5M	0.74	11.57	N/A	N/A	187,304	139,360	1,425,704	952,840
2018-11-27	$5.71	$6.88	67.5%	20.1%	86.6%	61.1%	67.1%	15.4%	0.5%	3.5M	-104.2M	-1.5M	0.79	10.92	N/A	N/A	151,704	120,256	1,486,456	970,448
2018-11-28	$6.23	$6.88	66.3%	19.8%	88.3%	59.0%	69.1%	13.8%	-0.8%	5.5M	-252.5M	-1.7M	0.49	11.99	N/A	N/A	255,480	126,440	1,503,264	975,752
2018-11-29	$6.28	$6.88	66.9%	20.4%	82.0%	60.1%	71.3%	14.0%	-10.2%	6.8M	-273.8M	-1.7M	0.61	27.59	N/A	N/A	221,424	135,600	1,548,552	992,664
2018-11-30	$6.33	$6.88	67.8%	21.0%	81.5%	61.4%	71.7%	14.9%	-0.2%	8.8M	-291.7M	-1.8M	0.63	27.30	N/A	N/A	208,952	132,504	1,584,608	1,020,408