TQQQ Options History — February 2019

In February 2019, TQQQ traded between $5.80 and $6.46. ATM implied volatility averaged 50.7%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 0.5% (HV 20d: 50.1%). Max pain ranged from $5.00 to $5.56. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2019-02-01: Highest Volume — 256,256 contracts
  • 2019-02-28: Largest IV drop — 12.2% change
  • 2019-02-07: Highest IV Rank — 27.1%
  • 2019-02-07: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.17$5.80$6.46$5.80$6.38
Max Pain$5.19$5.00$5.56$5.00$5.56
ATM IV50.7%45.9%56.0%53.3%45.9%
Expected Move14.4%12.8%16.1%15.8%12.8%
HV 20d50.1%33.2%62.9%62.9%33.2%
HV 60d78.8%73.2%84.4%84.3%73.2%
IV Rank19.7%13.3%27.1%23.4%13.3%
IV Percentile42.1%32.1%52.8%46.0%32.1%
Term Structure0.1%-8.3%1.7%1.2%0.3%
VWIV51.6%45.8%57.1%52.1%46.8%
Skew 25d14.5%12.7%16.5%12.7%15.5%
Skew 10d28.0%22.9%33.3%24.0%29.3%
Call IV 25d43.6%39.0%48.8%47.4%39.0%
Put IV 25d58.1%54.2%65.3%60.1%54.5%
Bid-Ask Spread %14.677.3745.2845.2814.77
Gamma HHI0.110.070.520.100.08
Net GEX7.3M5.0M17.3M7.9M7.8M
Net DEX-211.1M-268.5M-154.8M-194.5M-213.7M
Net VEX-1.6M-1.7M-1.5M-1.5M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.361.080.561.04
Total Volume175,904.42196,048256,256256,256135,496
Total OI1,626,545.6841,477,1681,775,9921,669,1441,711,240

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$5.80$5.0053.3%15.8%62.9%23.4%52.1%12.7%1.2%7.9M-194.5M-1.5M0.5645.28N/AN/A163,97692,2801,110,296558,848
2019-02-04$5.97$5.0052.7%15.4%52.6%22.6%54.3%13.0%1.1%5.3M-184.8M-1.6M0.4440.97N/AN/A82,97636,864994,536482,632
2019-02-05$6.18$5.0052.3%15.1%52.1%22.1%50.0%13.5%0.0%6.5M-238.3M-1.6M0.4213.21N/AN/A167,10470,5281,035,776499,656
2019-02-06$6.12$5.0053.4%15.2%52.5%23.5%55.2%13.4%-0.3%7.3M-231.8M-1.7M0.6210.98N/AN/A67,04841,5921,095,952523,288
2019-02-07$5.86$5.0056.0%16.1%55.6%27.1%57.1%16.5%0.7%6.1M-154.8M-1.6M0.6010.18N/AN/A132,84879,3841,118,720545,224
2019-02-08$5.85$5.0053.9%15.6%55.6%24.2%53.0%14.1%1.4%6.6M-159.6M-1.6M0.639.24N/AN/A118,28874,2641,153,064568,288
2019-02-11$5.89$5.0054.8%15.7%55.3%25.4%53.5%15.6%0.1%5.3M-160.8M-1.6M0.699.52N/AN/A56,76039,2881,076,640512,272
2019-02-12$6.14$5.0051.4%14.8%55.4%20.8%51.5%13.8%0.8%7.0M-228.2M-1.7M0.498.64N/AN/A120,20858,9121,097,264528,032
2019-02-13$6.18$5.1351.4%14.7%53.0%20.8%53.2%13.7%-0.1%7.6M-240.0M-1.7M0.717.64N/AN/A104,88874,2801,128,032546,704
2019-02-14$6.21$5.2549.8%14.2%53.0%18.6%53.3%14.4%1.7%7.9M-243.0M-1.7M0.367.37N/AN/A161,88058,3201,151,360577,736
2019-02-15$6.25$5.2547.7%13.6%52.9%15.7%49.9%13.4%1.5%17.3M-268.5M-1.7M0.648.70N/AN/A116,16874,0241,183,344592,648
2019-02-19$6.32$5.3848.3%13.7%52.4%16.4%51.6%14.0%-0.1%6.0M-213.2M-1.7M0.818.83N/AN/A63,02451,264997,224487,024
2019-02-20$6.28$5.2549.0%13.9%45.4%17.4%55.0%15.1%-0.4%6.2M-205.6M-1.7M1.088.18N/AN/A79,60886,1841,024,024508,840
2019-02-21$6.18$5.2549.9%14.1%46.2%18.7%51.8%15.8%0.5%5.0M-173.1M-1.7M0.998.02N/AN/A121,840120,8721,053,112553,856
2019-02-22$6.31$5.3846.3%13.1%46.4%13.7%50.9%14.5%0.5%6.9M-221.7M-1.7M0.8012.20N/AN/A123,29698,4961,087,992589,464
2019-02-25$6.45$5.3846.7%13.2%45.4%14.3%45.8%14.8%0.0%6.4M-225.7M-1.7M0.4411.42N/AN/A148,32865,4801,011,680517,944
2019-02-26$6.46$5.3847.3%13.2%41.7%15.1%49.0%14.8%0.6%7.4M-235.1M-1.7M0.7130.65N/AN/A65,75246,6321,066,128554,848
2019-02-27$6.40$5.5052.3%13.1%40.4%22.1%46.5%16.3%-8.3%7.5M-219.0M-1.7M0.7013.04N/AN/A84,56859,4641,087,704572,976
2019-02-28$6.38$5.5645.9%12.8%33.2%13.3%46.8%15.5%0.3%7.8M-213.7M-1.7M1.0414.77N/AN/A66,49669,0001,110,352600,888