TQQQ Options History — September 2019

In September 2019, TQQQ traded between $7.36 and $8.31. ATM implied volatility averaged 51.9%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 3.8% (HV 20d: 55.7%). Max pain ranged from $7.25 to $7.75. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2019-09-24: Highest Volume — 416,080 contracts
  • 2019-09-27: Largest IV spike — 17.1% change
  • 2019-09-03: Highest IV Rank — 35.1%
  • 2019-09-03: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.92$7.36$8.31$7.36$7.69
Max Pain$7.60$7.25$7.75$7.38$7.63
ATM IV51.9%45.4%64.4%64.4%56.5%
Expected Move14.9%13.2%19.0%19.0%15.5%
HV 20d55.7%37.8%71.8%69.4%45.9%
HV 60d54.6%53.6%55.7%53.7%55.7%
IV Rank17.0%7.6%35.1%35.1%23.7%
IV Percentile39.5%21.8%70.2%70.2%52.4%
Term Structure0.9%-4.4%10.2%-0.3%-1.9%
VWIV52.8%47.7%61.8%61.8%54.1%
Skew 25d17.6%11.5%23.9%17.7%20.1%
Skew 10d34.9%22.2%50.8%50.8%33.2%
Call IV 25d43.8%37.6%54.6%51.8%47.0%
Put IV 25d61.4%50.8%69.5%69.5%67.0%
Bid-Ask Spread %5.852.3013.247.453.09
Gamma HHI0.070.030.120.030.03
Net GEX7.1M-3.8M16.3M2.7M3.9M
Net DEX-239.1M-393.7M-45.4M-114.1M-148.1M
Net VEX-1.9M-2.0M-1.9M-1.9M-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.421.140.560.52
Total Volume275,889.6131,120416,080343,344198,208
Total OI1,892,390.81,567,8002,072,6561,806,8961,677,896

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$7.36$7.3864.4%19.0%69.4%35.1%61.8%17.7%-0.3%2.7M-114.1M-1.9M0.567.45N/AN/A220,752122,592986,936819,960
2019-09-04$7.66$7.2557.0%16.9%69.8%24.4%59.2%21.9%-0.2%7.1M-213.2M-2.0M0.532.30N/AN/A144,50476,7441,061,248860,312
2019-09-05$8.07$7.3851.5%14.8%71.8%16.5%53.2%20.5%-0.0%11.2M-373.7M-2.0M0.735.95N/AN/A234,136172,0641,105,240876,400
2019-09-06$8.07$7.5048.3%14.0%68.7%11.8%50.8%17.1%1.4%10.6M-376.8M-2.0M0.903.67N/AN/A149,208134,0881,155,336917,320
2019-09-09$7.97$7.5049.9%14.6%68.6%14.1%52.0%19.3%0.8%6.6M-244.9M-2.0M1.146.08N/AN/A111,648127,3041,003,944805,248
2019-09-10$7.83$7.5052.5%14.8%66.8%17.9%54.9%17.5%-0.8%5.3M-201.5M-1.9M0.633.57N/AN/A158,51299,3601,036,056860,104
2019-09-11$8.09$7.5049.5%14.0%64.3%13.5%52.4%16.4%-1.4%9.3M-300.3M-2.0M0.429.41N/AN/A166,34470,6641,058,280886,456
2019-09-12$8.31$7.5045.4%13.4%55.0%7.7%48.9%13.2%1.4%13.2M-393.7M-2.0M0.669.92N/AN/A180,680118,4321,098,440897,776
2019-09-13$8.18$7.6347.9%13.9%55.6%11.2%50.8%11.5%1.4%11.9M-334.4M-2.0M0.856.80N/AN/A156,256132,3441,125,400936,200
2019-09-16$8.04$7.7551.6%14.8%54.7%16.6%53.9%17.7%0.5%7.6M-256.4M-2.0M0.753.58N/AN/A108,49681,2321,036,648824,840
2019-09-17$8.15$7.7550.3%14.4%52.5%14.8%51.3%17.2%1.1%9.6M-298.5M-2.0M0.464.26N/AN/A89,84041,2801,070,400862,272
2019-09-18$8.14$7.6349.8%14.3%52.1%13.9%52.8%15.8%-3.4%11.5M-293.7M-1.9M0.657.43N/AN/A124,61681,0961,088,480875,000
2019-09-19$8.20$7.7545.4%13.2%51.9%7.6%47.7%14.6%-0.1%16.3M-335.1M-1.9M0.515.40N/AN/A213,144109,4641,124,472899,600
2019-09-20$7.95$7.7551.0%14.5%53.2%15.8%49.8%16.5%2.0%1.8M-214.9M-1.9M0.5213.24N/AN/A266,192139,5121,143,376924,768
2019-09-23$7.97$7.7549.2%14.2%37.8%13.2%50.0%18.2%2.8%5.2M-193.5M-1.9M0.783.29N/AN/A134,288105,040878,992688,808
2019-09-24$7.58$7.7555.0%16.2%42.1%21.5%53.1%23.9%10.2%2.0M-97.0M-1.9M0.587.25N/AN/A262,512153,568937,672744,408
2019-09-25$7.89$7.7549.1%14.5%44.0%13.0%54.3%20.9%7.7%5.6M-185.1M-2.0M0.673.49N/AN/A163,168109,520990,640820,616
2019-09-26$7.80$7.6951.9%14.5%44.4%17.1%48.4%18.6%-4.4%4.6M-161.2M-1.9M0.745.15N/AN/A128,80894,8481,021,120841,984
2019-09-27$7.46$7.6960.8%17.0%44.7%30.0%56.5%12.7%2.2%-3.8M-45.4M-1.9M0.615.66N/AN/A209,416127,9121,047,232857,936
2019-09-30$7.69$7.6356.5%15.5%45.9%23.7%54.1%20.1%-1.9%3.9M-148.1M-1.9M0.523.09N/AN/A130,61667,592924,224753,672