TQQQ Options History — November 2019

In November 2019, TQQQ traded between $8.85 and $9.83. ATM implied volatility averaged 39.9%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 12.3% (HV 20d: 27.6%). Max pain ranged from $8.00 to $8.38. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.23.

Notable Days

  • 2019-11-07: Highest Volume — 351,168 contracts
  • 2019-11-07: Largest IV drop — 10.9% change
  • 2019-11-13: Highest IV Rank — 8.0%
  • 2019-11-05: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.30$8.85$9.83$8.85$9.72
Max Pain$8.13$8.00$8.38$8.00$8.38
ATM IV39.9%36.6%42.6%39.9%38.8%
Expected Move11.8%10.5%12.8%10.7%11.2%
HV 20d27.6%21.4%38.6%38.4%22.2%
HV 60d44.1%37.4%52.7%52.7%37.4%
IV Rank3.9%0.0%8.0%1.8%3.0%
IV Percentile3.8%0.0%9.5%0.4%2.8%
Term Structure0.7%-2.7%5.0%1.3%0.3%
VWIV44.5%41.1%49.2%41.1%43.4%
Skew 25d13.0%9.2%15.1%13.5%13.4%
Skew 10d26.4%21.5%37.7%24.8%25.9%
Call IV 25d35.1%31.5%37.3%34.8%33.1%
Put IV 25d48.1%43.5%50.8%48.3%46.5%
Bid-Ask Spread %4.953.4510.063.454.44
Gamma HHI0.100.050.470.130.08
Net GEX7.3M548.9K18.5M11.2M4.9M
Net DEX-429.4M-539.0M-337.5M-437.4M-489.0M
Net VEX-1.8M-1.9M-1.7M-1.9M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.712.250.800.91
Total Volume223,647.2135,304351,168332,664176,888
Total OI1,849,082.41,665,4961,983,4241,982,0401,878,992

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$8.85$8.0039.9%10.7%38.4%1.8%41.1%13.5%1.3%11.2M-437.4M-1.9M0.803.45N/AN/A185,200147,4641,004,136977,904
2019-11-04$9.05$8.0038.3%12.8%38.6%0.0%47.2%12.3%5.0%7.9M-419.4M-1.9M1.354.20N/AN/A114,440154,560897,992842,176
2019-11-05$9.10$8.0041.6%12.8%33.3%4.7%49.2%11.8%1.6%7.0M-422.7M-1.9M2.253.78N/AN/A76,368172,024925,760901,456
2019-11-06$8.98$8.0041.3%12.6%33.9%4.4%43.7%11.3%0.8%2.4M-362.1M-1.9M0.714.61N/AN/A115,12081,512939,0161,006,832
2019-11-07$9.05$8.0036.8%12.8%33.8%0.0%45.3%10.7%1.7%3.4M-396.2M-1.9M1.426.46N/AN/A145,216205,952958,9841,024,440
2019-11-08$9.18$8.1338.9%12.3%30.0%2.9%44.7%14.7%-2.4%13.8M-466.2M-1.9M0.976.38N/AN/A89,92886,944981,568975,136
2019-11-11$9.15$8.1342.3%12.6%29.7%7.5%47.2%15.1%1.3%7.5M-408.2M-1.8M1.534.71N/AN/A53,38481,920911,920870,560
2019-11-12$9.22$8.1341.9%12.3%27.4%6.9%47.8%12.3%0.9%8.4M-437.9M-1.8M1.094.70N/AN/A111,432121,944936,264911,944
2019-11-13$9.23$8.1342.6%12.5%26.8%8.0%44.5%13.7%0.5%8.3M-434.4M-1.8M1.373.92N/AN/A68,57693,824951,304951,760
2019-11-14$9.22$8.1341.5%12.2%26.9%6.5%45.2%14.1%0.9%8.7M-429.5M-1.8M0.814.89N/AN/A83,36867,848969,272981,104
2019-11-15$9.36$8.1338.5%11.3%24.9%2.3%43.2%11.9%1.5%18.5M-501.8M-1.8M0.945.21N/AN/A144,648135,728967,880998,016
2019-11-18$9.44$8.1339.3%11.3%24.6%3.4%46.9%12.5%0.1%6.5M-422.1M-1.8M1.954.35N/AN/A65,328127,352840,752824,744
2019-11-19$9.52$8.1339.6%11.4%22.3%3.8%44.0%12.8%-0.2%6.5M-445.5M-1.8M1.614.01N/AN/A71,648115,224869,216886,088
2019-11-20$9.28$8.1341.7%12.0%25.2%6.8%42.6%14.4%-0.4%3.7M-358.8M-1.8M1.195.36N/AN/A120,112143,288888,624920,104
2019-11-21$9.24$8.1341.8%12.2%24.4%6.9%42.1%14.8%-2.7%1.6M-337.5M-1.8M0.926.69N/AN/A84,64877,528893,104943,016
2019-11-22$9.25$8.1341.2%11.8%23.4%6.0%42.2%14.7%0.8%548.9K-348.7M-1.7M0.983.68N/AN/A129,528127,512914,000956,336
2019-11-25$9.57$8.1338.5%11.1%23.8%2.3%45.8%13.8%0.8%7.3M-447.7M-1.7M1.294.46N/AN/A109,848141,752846,584831,680
2019-11-26$9.67$8.2536.7%10.5%21.4%0.0%43.5%13.2%1.3%8.0M-484.4M-1.7M1.373.65N/AN/A83,952114,616876,216890,184
2019-11-27$9.83$8.3836.6%10.5%21.6%0.0%41.4%9.2%0.8%10.6M-539.0M-1.7M1.0810.06N/AN/A118,280128,040899,744936,840
2019-11-29$9.72$8.3838.8%11.2%22.2%3.0%43.4%13.4%0.3%4.9M-489.0M-1.7M0.914.44N/AN/A92,65684,232911,672967,320