TQQQ Options History — August 2019

In August 2019, TQQQ traded between $6.94 and $8.15. ATM implied volatility averaged 61.4%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded below realized volatility by 3.5% (HV 20d: 65.0%). Max pain ranged from $7.13 to $8.50. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2019-08-01: Highest Volume — 771,648 contracts
  • 2019-08-05: Largest IV spike — 28.5% change
  • 2019-08-05: Highest IV Rank — 53.2%
  • 2019-08-14: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.45$6.94$8.15$8.15$7.53
Max Pain$7.35$7.13$8.50$8.50$7.25
ATM IV61.4%53.5%75.0%53.5%60.2%
Expected Move17.8%15.5%20.4%16.2%17.7%
HV 20d65.0%29.3%81.3%29.3%79.2%
HV 60d55.0%50.7%59.4%50.7%54.7%
IV Rank33.0%21.4%53.2%23.6%29.1%
IV Percentile65.6%48.8%89.3%53.2%63.1%
Term Structure-0.9%-9.3%2.5%-2.1%-0.2%
VWIV60.8%52.0%69.2%52.0%58.4%
Skew 25d21.6%10.5%33.9%18.1%22.1%
Skew 10d40.4%28.0%46.7%33.6%44.6%
Call IV 25d50.2%36.2%65.3%45.5%48.3%
Put IV 25d71.8%60.4%83.8%63.6%70.5%
Bid-Ask Spread %6.482.3933.557.192.39
Gamma HHI0.050.030.160.050.16
Net GEX3.8M-1.2M11.2M-48.3K11.2M
Net DEX-113.6M-224.5M37.5M-135.3M-183.8M
Net VEX-1.9M-2.0M-1.7M-2.0M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.440.950.810.65
Total Volume333,644133,920771,648771,648317,784
Total OI1,877,008.3641,664,3282,091,1761,784,9362,091,176

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$8.15$8.5053.5%16.2%29.3%23.6%52.0%18.1%-2.1%-48.3K-135.3M-2.0M0.817.19N/AN/A426,040345,608950,536834,400
2019-08-02$7.72$8.2558.4%17.9%34.9%30.3%58.7%18.2%-2.5%-1.2M-10.5M-1.9M0.6133.55N/AN/A277,216169,9281,020,784854,456
2019-08-05$6.94$7.3875.0%19.9%50.4%53.2%67.3%22.5%-1.5%304.5K37.5M-1.7M0.476.40N/AN/A319,280149,224911,408752,920
2019-08-06$7.17$7.1370.9%18.7%52.0%47.5%63.3%24.7%-2.0%1.9M-27.3M-1.8M0.619.87N/AN/A202,664122,768999,160791,568
2019-08-07$7.30$7.1364.1%18.3%51.1%38.2%62.9%27.6%0.1%2.9M-62.2M-1.9M0.755.95N/AN/A175,968132,0481,044,704828,432
2019-08-08$7.76$7.1354.6%15.9%56.6%25.1%56.8%33.9%1.8%6.4M-213.9M-1.9M0.564.87N/AN/A220,376122,5041,084,848846,208
2019-08-09$7.64$7.2557.7%16.5%56.2%29.4%58.6%23.2%0.6%5.8M-172.9M-1.9M0.614.08N/AN/A220,848134,2321,103,344891,192
2019-08-12$7.30$7.2567.7%19.3%57.4%41.3%64.8%26.6%0.4%1.4M-60.8M-1.9M0.763.52N/AN/A152,408115,784947,880798,704
2019-08-13$7.76$7.2558.4%17.0%62.4%28.1%60.7%12.4%1.3%5.0M-190.2M-1.9M0.654.77N/AN/A199,984129,736992,480826,808
2019-08-14$7.10$7.2568.3%20.4%69.2%42.0%69.2%16.6%2.5%562.1K-20.1M-1.9M0.4411.85N/AN/A262,544116,3441,038,056852,560
2019-08-15$7.08$7.2568.2%19.6%69.2%42.0%65.0%25.6%0.2%834.6K-29.5M-1.9M0.6210.62N/AN/A167,872104,8001,103,888869,704
2019-08-16$7.39$7.1359.5%17.2%71.4%29.6%58.2%21.6%0.5%3.9M-126.4M-1.9M0.643.47N/AN/A220,432142,0881,143,680892,776
2019-08-19$7.74$7.2553.7%15.5%73.4%21.4%56.6%20.4%-0.5%4.6M-203.6M-1.9M0.633.96N/AN/A153,64896,176930,288751,472
2019-08-20$7.62$7.3856.6%16.3%73.0%25.6%59.4%20.5%0.0%5.6M-180.5M-2.0M0.653.10N/AN/A81,29652,624991,664782,544
2019-08-21$7.74$7.3854.0%15.5%72.8%21.9%55.2%19.4%-9.3%7.5M-220.0M-2.0M0.704.81N/AN/A101,38471,0721,016,064798,712
2019-08-22$7.72$7.3856.0%16.0%72.4%24.7%55.6%20.9%1.2%8.3M-208.4M-2.0M0.954.33N/AN/A167,712159,5201,053,384831,528
2019-08-23$6.99$7.3864.5%19.3%78.4%36.7%60.1%22.7%-6.4%-496.6K22.4M-1.8M0.556.23N/AN/A429,464236,6801,072,920883,696
2019-08-26$7.16$7.2563.5%19.4%79.4%35.3%66.3%25.1%-0.2%2.0M-80.0M-1.9M0.513.35N/AN/A93,02447,4481,010,616800,224
2019-08-27$7.24$7.1365.2%19.1%79.7%37.7%64.8%20.4%0.2%3.2M-101.0M-1.9M0.692.79N/AN/A123,69685,2961,067,416841,464
2019-08-28$7.28$7.2564.4%18.7%79.5%36.6%65.5%22.7%-0.8%3.8M-108.3M-1.9M0.712.73N/AN/A112,67279,9361,098,312877,552
2019-08-29$7.61$7.2557.0%16.5%81.3%26.2%57.5%10.5%-2.7%9.5M-224.5M-2.0M0.572.84N/AN/A190,624109,4161,121,232893,424
2019-08-30$7.53$7.2560.2%17.7%79.2%29.1%58.4%22.1%-0.2%11.2M-183.8M-2.0M0.652.39N/AN/A193,088124,6961,160,064931,112