TQQQ Options History — May 2019

In May 2019, TQQQ traded between $6.30 and $8.44. ATM implied volatility averaged 56.7%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 5.6% (HV 20d: 51.1%). Max pain ranged from $6.25 to $7.25. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-05-10: Highest Volume — 460,592 contracts
  • 2019-05-07: Largest IV spike — 32.5% change
  • 2019-05-29: Highest IV Rank — 42.2%
  • 2019-05-31: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.32$6.30$8.44$8.25$6.30
Max Pain$6.50$6.25$7.25$7.13$6.50
ATM IV56.7%41.4%67.0%42.7%66.5%
Expected Move16.1%11.3%19.1%12.4%19.1%
HV 20d51.1%20.0%65.4%20.0%65.4%
HV 60d42.4%33.4%48.8%33.4%48.8%
IV Rank28.0%7.0%42.2%8.8%41.5%
IV Percentile61.1%13.5%77.0%19.8%75.4%
Term Structure-0.3%-2.7%1.4%0.6%0.1%
VWIV55.1%40.1%63.7%43.5%63.7%
Skew 25d16.5%3.1%23.1%3.1%16.9%
Skew 10d30.9%20.4%42.4%23.8%27.9%
Call IV 25d48.5%36.8%58.0%43.2%58.0%
Put IV 25d65.0%46.2%77.9%46.2%74.8%
Bid-Ask Spread %10.083.4034.357.056.99
Gamma HHI0.070.030.230.050.07
Net GEX4.6M-814.7K14.3M7.2M-814.7K
Net DEX-173.6M-444.1M11.9M-372.0M11.9M
Net VEX-1.8M-2.0M-1.6M-1.9M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.430.800.800.56
Total Volume305,601.091171,448460,592204,616332,912
Total OI1,768,739.6361,592,9281,998,4321,609,8801,850,992

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$8.25$7.1342.7%12.4%20.0%8.8%43.5%3.1%0.6%7.2M-372.0M-1.9M0.807.05N/AN/A113,76890,848978,736631,144
2019-05-02$8.04$7.2545.2%13.1%22.5%12.2%45.3%12.6%1.1%2.4M-290.3M-1.9M0.645.10N/AN/A175,952111,936999,840664,264
2019-05-03$8.44$7.2541.4%11.3%27.7%7.0%40.1%10.3%1.4%14.3M-444.1M-2.0M0.689.35N/AN/A209,296141,9681,038,168683,456
2019-05-06$8.28$6.2547.8%13.9%28.7%15.8%50.2%14.3%-0.3%8.0M-365.8M-1.9M0.694.49N/AN/A175,792121,960975,560617,368
2019-05-07$7.70$6.2563.3%17.5%39.6%37.2%60.6%23.1%-1.4%4.0M-206.8M-1.9M0.746.01N/AN/A260,464193,7601,028,504674,792
2019-05-08$7.82$6.2558.6%16.4%39.7%30.7%59.7%20.5%-1.1%4.6M-244.3M-2.0M0.617.06N/AN/A147,83289,5441,083,792731,312
2019-05-09$7.63$6.2560.7%16.7%40.4%33.6%55.9%19.8%-1.7%3.0M-181.3M-1.9M0.576.49N/AN/A248,776141,0401,102,040743,344
2019-05-10$7.61$6.2552.8%15.0%40.3%22.7%53.1%18.0%-1.0%1.3M-186.8M-1.9M0.6017.38N/AN/A287,208173,3841,149,928771,128
2019-05-13$6.83$6.2566.8%18.9%55.1%41.9%61.7%21.9%-0.1%2.1M-65.2M-1.7M0.4919.92N/AN/A267,536132,368985,696630,864
2019-05-14$7.08$6.3860.1%16.9%57.1%32.8%56.0%19.4%-0.9%4.0M-119.1M-1.8M0.5032.67N/AN/A269,392135,9041,101,984694,632
2019-05-15$7.38$6.3854.3%15.5%59.3%24.7%53.9%17.8%-0.0%8.5M-213.3M-1.9M0.516.25N/AN/A177,04890,8321,178,600721,688
2019-05-16$7.57$6.3851.0%14.5%60.0%20.2%50.7%16.3%-0.5%10.6M-285.3M-1.9M0.5634.35N/AN/A194,888108,7921,196,008737,088
2019-05-17$7.37$6.3852.7%15.1%60.6%22.5%52.4%16.4%-0.0%10.7M-200.5M-1.9M0.707.78N/AN/A205,192143,1841,231,552766,880
2019-05-20$7.00$6.3860.8%17.4%62.5%33.7%57.5%17.6%0.3%2.6M-100.6M-1.8M0.695.66N/AN/A145,61699,760980,056640,288
2019-05-21$7.19$6.5055.6%15.9%62.0%26.6%55.5%16.1%0.9%3.9M-150.0M-1.8M0.434.03N/AN/A138,20858,9521,013,904679,864
2019-05-22$7.15$6.5055.3%15.9%61.9%26.1%59.9%15.5%1.1%4.2M-139.7M-1.8M0.8010.04N/AN/A95,44876,0001,056,400689,120
2019-05-23$6.72$6.5061.8%17.9%64.2%35.0%59.7%17.9%-2.7%806.9K-46.4M-1.7M0.5514.73N/AN/A230,544126,6721,092,872705,120
2019-05-24$6.76$6.5058.6%16.8%64.5%30.6%57.0%15.7%-0.3%5.7M-71.2M-1.7M0.704.18N/AN/A179,912126,8081,162,616723,088
2019-05-28$6.69$6.5061.1%18.1%64.0%34.1%59.1%17.4%1.3%1.6M-66.8M-1.7M0.634.87N/AN/A108,60068,392993,056672,840
2019-05-29$6.52$6.5067.0%18.5%64.0%42.2%59.7%16.3%-2.6%420.0K-29.6M-1.6M0.714.02N/AN/A173,648123,8401,035,760697,568
2019-05-30$6.60$6.5062.5%17.5%64.3%36.0%58.1%16.6%-0.5%1.5M-52.3M-1.7M0.583.40N/AN/A145,12084,1281,082,672717,688
2019-05-31$6.30$6.5066.5%19.1%65.4%41.5%63.7%16.9%0.1%-814.7K11.9M-1.6M0.566.99N/AN/A213,264119,6481,119,208731,784