TQQQ Options History — January 2019

In January 2019, TQQQ traded between $4.28 and $5.86. ATM implied volatility averaged 68.4%, placing in the 44.3% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded below realized volatility by 20.3% (HV 20d: 88.8%). Max pain ranged from $3.96 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2019-01-04: Highest Volume — 365,152 contracts
  • 2019-01-22: Largest IV spike — 14.1% change
  • 2019-01-03: Highest IV Rank — 76.4%
  • 2019-01-03: Largest Expected Move — 25.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.23$4.28$5.86$4.66$5.86
Max Pain$4.87$3.96$5.00$3.96$5.00
ATM IV68.4%55.5%91.6%86.8%55.5%
Expected Move20.0%16.1%25.9%25.6%16.1%
HV 20d88.8%63.7%103.5%94.9%71.9%
HV 60d89.9%83.0%95.7%91.2%84.3%
IV Rank44.3%26.4%76.4%70.0%26.4%
IV Percentile73.5%52.0%98.0%96.0%52.0%
Term Structure-0.4%-3.5%2.5%2.5%0.2%
VWIV70.7%56.1%95.3%90.1%56.1%
Skew 25d19.8%14.0%23.4%20.4%14.0%
Skew 10d40.0%26.0%48.9%42.1%26.0%
Call IV 25d58.6%49.2%79.1%74.3%49.2%
Put IV 25d78.4%63.2%102.5%94.7%63.2%
Bid-Ask Spread %35.5123.3461.6661.6641.27
Gamma HHI0.060.030.210.040.06
Net GEX4.0M1.2M8.1M2.9M7.2M
Net DEX-156.2M-287.4M-35.2M-95.7M-214.1M
Net VEX-1.3M-1.6M-1.0M-1.2M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.380.930.460.56
Total Volume185,226.66752,384365,152193,960258,592
Total OI2,129,599.6191,377,9282,607,2402,498,2641,601,968

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$4.66$3.9686.8%25.6%94.9%70.0%90.1%20.4%2.5%2.9M-95.7M-1.2M0.4661.66N/AN/A133,09660,8641,693,648804,616
2019-01-03$4.28$4.7591.6%25.9%92.0%76.4%95.3%23.4%1.6%1.2M-35.2M-1.0M0.6630.01N/AN/A144,77695,3681,703,336798,896
2019-01-04$4.77$4.6379.8%23.0%102.2%60.6%78.4%22.4%-0.0%2.1M-146.9M-1.2M0.3827.77N/AN/A263,992101,1601,739,488820,552
2019-01-07$4.97$4.6377.8%22.5%103.5%57.1%82.1%21.9%1.2%3.0M-163.9M-1.3M0.8429.25N/AN/A45,75238,5601,637,928770,664
2019-01-08$5.07$4.6376.8%21.6%102.3%55.7%75.7%22.1%-2.6%3.7M-192.7M-1.3M0.7131.29N/AN/A123,10487,7521,669,216793,576
2019-01-09$5.19$4.7571.2%20.6%102.8%47.9%73.0%22.6%0.6%4.4M-220.7M-1.4M0.6236.88N/AN/A129,61680,2881,703,320826,440
2019-01-10$5.25$4.8871.3%20.7%102.6%48.1%71.5%21.5%-0.8%4.8M-225.4M-1.4M0.6838.03N/AN/A115,74478,3281,718,088859,384
2019-01-11$5.20$5.0067.4%19.5%101.8%42.7%70.1%19.9%0.6%3.9M-210.2M-1.3M0.5540.26N/AN/A108,07259,3761,734,336872,904
2019-01-14$5.07$5.0068.4%19.5%102.0%44.1%66.4%20.8%1.6%3.0M-156.5M-1.3M0.4941.27N/AN/A82,08040,4241,636,608822,192
2019-01-15$5.34$5.0064.8%18.6%99.9%39.1%64.6%19.9%-1.7%4.1M-216.0M-1.4M0.5434.62N/AN/A97,65653,2161,668,568844,232
2019-01-16$5.35$5.0064.2%18.4%94.4%38.4%65.0%20.4%-2.7%4.9M-223.9M-1.4M0.6335.05N/AN/A91,52057,2801,697,008856,448
2019-01-17$5.44$5.0061.4%17.6%92.7%34.4%64.7%19.0%-0.1%5.9M-244.6M-1.4M0.5741.09N/AN/A84,64048,2001,716,240869,808
2019-01-18$5.59$5.0059.7%17.3%87.2%32.1%60.5%18.4%-3.5%7.7M-287.4M-1.4M0.4840.63N/AN/A207,272100,3681,714,184874,584
2019-01-22$5.24$5.0068.1%20.3%88.8%43.7%69.0%19.8%-2.1%1.9M-61.0M-1.3M0.7123.34N/AN/A100,91271,184912,136465,792
2019-01-23$5.29$5.0066.6%19.8%80.6%41.7%72.0%19.9%-0.3%2.2M-67.0M-1.3M0.7533.09N/AN/A86,66464,712948,344492,104
2019-01-24$5.39$5.0062.8%18.6%75.8%36.5%68.8%18.6%-0.1%3.1M-86.0M-1.4M0.5832.06N/AN/A85,34449,184979,104514,800
2019-01-25$5.59$5.0057.7%17.3%63.7%29.4%60.7%17.1%-3.5%8.1M-143.7M-1.5M0.3825.35N/AN/A195,20873,5281,007,720521,680
2019-01-28$5.37$5.0063.3%19.2%66.4%37.1%70.3%18.1%-0.7%3.1M-83.4M-1.4M0.9333.63N/AN/A27,20025,184952,792461,936
2019-01-29$5.24$5.0064.3%19.8%67.5%38.5%69.4%19.1%0.3%2.5M-62.8M-1.4M0.6733.63N/AN/A62,84042,128990,616500,448
2019-01-30$5.63$5.0057.9%17.6%71.1%29.7%61.5%16.2%0.9%4.7M-142.8M-1.5M0.4035.55N/AN/A156,24862,3281,011,608514,280
2019-01-31$5.86$5.0055.5%16.1%71.9%26.4%56.1%14.0%0.2%7.2M-214.1M-1.6M0.5641.27N/AN/A165,83292,7601,073,576528,392