TQQQ Options History — July 2019

In July 2019, TQQQ traded between $8.02 and $8.78. ATM implied volatility averaged 44.6%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 10.9% (HV 20d: 33.7%). Max pain ranged from $7.25 to $8.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.67.

Notable Days

  • 2019-07-31: Highest Volume — 353,728 contracts
  • 2019-07-26: Largest IV drop — 9.0% change
  • 2019-07-31: Highest IV Rank — 16.8%
  • 2019-07-31: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.41$8.02$8.78$8.02$8.33
Max Pain$7.99$7.25$8.50$7.25$8.50
ATM IV44.6%40.2%48.5%46.1%48.5%
Expected Move12.7%11.0%14.3%13.0%14.3%
HV 20d33.7%26.3%45.0%45.0%29.3%
HV 60d53.1%52.6%53.7%52.8%52.8%
IV Rank11.5%5.4%16.8%13.5%16.8%
IV Percentile25.5%5.2%42.9%33.3%42.9%
Term Structure-0.1%-2.2%1.0%-1.9%-2.2%
VWIV46.3%42.3%50.3%47.6%48.3%
Skew 25d13.2%10.5%14.9%11.2%14.7%
Skew 10d26.8%20.2%40.7%40.7%33.0%
Call IV 25d38.6%35.1%42.4%41.7%42.4%
Put IV 25d51.9%46.8%57.1%52.9%57.1%
Bid-Ask Spread %4.072.326.824.035.78
Gamma HHI0.100.060.380.060.06
Net GEX10.2M2.8M27.1M7.5M2.9M
Net DEX-336.7M-442.2M-193.6M-287.7M-193.6M
Net VEX-1.9M-2.0M-1.9M-2.0M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.430.960.620.61
Total Volume231,597.091146,680353,728268,656353,728
Total OI1,620,325.0911,457,8641,745,7361,510,9761,708,080

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$8.02$7.2546.1%13.0%45.0%13.5%47.6%11.2%-1.9%7.5M-287.7M-2.0M0.624.03N/AN/A165,496103,160860,864650,112
2019-07-02$8.09$7.2545.4%11.6%38.8%12.5%42.6%14.6%0.3%10.1M-311.4M-2.0M0.593.15N/AN/A92,08854,592915,336695,968
2019-07-03$8.27$7.2544.4%11.0%38.7%11.1%42.3%13.1%-0.2%12.4M-377.9M-2.0M0.942.76N/AN/A85,13680,168931,584708,592
2019-07-05$8.26$8.0044.5%12.7%38.5%11.3%43.6%12.7%0.1%19.4M-377.9M-1.9M0.523.08N/AN/A208,600108,184943,992731,192
2019-07-08$8.09$8.0048.2%13.4%36.1%16.3%48.1%14.9%-1.0%7.0M-270.0M-1.9M0.643.47N/AN/A118,69675,872854,696638,952
2019-07-09$8.18$8.0047.0%13.5%34.7%14.8%47.2%14.9%0.2%8.5M-304.8M-1.9M0.434.09N/AN/A138,89659,760888,200675,736
2019-07-10$8.43$8.1344.1%12.7%35.7%10.7%45.3%12.1%0.5%12.6M-402.4M-1.9M0.434.25N/AN/A189,49680,744937,440699,528
2019-07-11$8.39$8.0044.8%12.9%34.5%11.7%45.4%10.5%0.3%14.7M-393.3M-1.9M0.793.34N/AN/A143,656113,664961,632712,648
2019-07-12$8.54$8.1342.9%12.5%34.6%9.1%44.8%13.1%0.8%14.6M-441.5M-1.9M0.586.62N/AN/A192,952111,200985,584731,400
2019-07-15$8.64$8.1343.5%12.5%34.4%9.9%49.0%13.2%-0.2%8.5M-399.0M-1.9M0.774.26N/AN/A100,68077,920888,576668,800
2019-07-16$8.53$8.1344.0%12.6%35.1%10.5%45.6%13.3%0.1%8.7M-363.5M-2.0M0.845.64N/AN/A101,97685,344912,576705,992
2019-07-17$8.44$8.1344.5%12.7%32.8%11.2%50.3%14.1%1.0%7.8M-334.8M-2.0M0.724.38N/AN/A87,13662,440936,408733,880
2019-07-18$8.39$8.1345.6%13.1%32.8%12.8%47.1%14.1%-0.2%7.1M-314.6M-2.0M0.594.39N/AN/A147,21686,168950,808757,360
2019-07-19$8.27$8.0046.6%13.4%32.7%14.1%46.8%14.2%-0.5%2.8M-270.1M-1.9M0.656.82N/AN/A182,664119,048971,640774,096
2019-07-22$8.40$8.1345.9%13.3%33.1%13.2%47.6%14.7%0.5%5.5M-263.4M-1.9M0.453.31N/AN/A136,36861,560809,272648,592
2019-07-23$8.56$8.1342.6%12.3%33.4%8.7%46.1%13.1%0.1%9.1M-326.0M-2.0M0.672.60N/AN/A103,90469,368874,272684,680
2019-07-24$8.74$8.1341.3%11.9%26.3%6.8%45.4%11.5%0.2%11.8M-392.1M-1.9M0.622.84N/AN/A129,86480,904903,112708,752
2019-07-25$8.52$8.1344.2%12.9%28.5%10.8%48.5%12.2%0.5%11.1M-318.3M-1.9M0.834.41N/AN/A143,144119,424933,056724,328
2019-07-26$8.78$8.1340.2%11.3%29.8%5.4%43.2%11.7%0.6%27.1M-442.2M-1.9M0.543.56N/AN/A222,728119,968975,656749,712
2019-07-29$8.69$8.1342.4%12.3%30.1%8.4%45.0%12.9%-0.1%8.3M-327.7M-1.9M0.902.32N/AN/A106,36895,480849,368657,680
2019-07-30$8.55$8.1345.2%13.7%27.5%12.2%48.2%13.8%-0.2%7.3M-296.4M-1.9M0.964.49N/AN/A91,34488,032889,720707,280
2019-07-31$8.33$8.5048.5%14.3%29.3%16.8%48.3%14.7%-2.2%2.9M-193.6M-2.0M0.615.78N/AN/A220,144133,584916,888791,192