TQQQ Options History — December 2019

In December 2019, TQQQ traded between $9.14 and $10.97. ATM implied volatility averaged 40.6%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 12.1% (HV 20d: 28.5%). Max pain ranged from $6.88 to $8.38. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.20.

Notable Days

  • 2019-12-17: Highest Volume — 478,368 contracts
  • 2019-12-12: Largest IV drop — 17.2% change
  • 2019-12-30: Highest IV Rank — 19.9%
  • 2019-12-03: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.12$9.14$10.97$9.44$10.80
Max Pain$7.53$6.88$8.38$8.38$8.13
ATM IV40.6%32.8%49.5%44.5%43.3%
Expected Move11.8%10.0%14.7%13.0%11.6%
HV 20d28.5%24.1%31.3%24.1%25.4%
HV 60d36.0%29.6%38.5%38.0%29.6%
IV Rank7.6%0.0%19.9%11.0%17.9%
IV Percentile14.4%0.0%43.3%22.6%23.0%
Term Structure1.8%-0.2%10.7%1.2%1.0%
VWIV44.8%38.3%53.6%46.4%49.1%
Skew 25d14.7%6.8%25.6%11.9%15.0%
Skew 10d30.2%23.1%44.4%26.5%29.6%
Call IV 25d34.5%28.3%41.0%39.5%37.4%
Put IV 25d49.2%42.0%60.1%51.5%52.4%
Bid-Ask Spread %21.613.5173.084.553.51
Gamma HHI0.130.050.400.050.08
Net GEX9.5M-2.7M23.6M4.0M10.0M
Net DEX-532.1M-756.0M-260.5M-356.8M-529.6M
Net VEX-1.7M-1.8M-1.6M-1.7M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.495.880.760.58
Total Volume262,465.143129,312478,368320,760151,608
Total OI1,869,282.2861,578,8562,228,8241,680,2081,727,832

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$9.44$8.3844.5%13.0%24.1%11.0%46.4%11.9%1.2%4.0M-356.8M-1.7M0.764.55N/AN/A182,072138,688842,016838,192
2019-12-03$9.14$8.3849.5%14.7%25.9%17.9%53.6%18.0%0.7%2.6M-260.5M-1.8M0.7113.59N/AN/A133,24095,056927,392901,504
2019-12-04$9.35$8.3846.9%13.7%27.0%14.2%48.0%17.2%1.4%8.0M-356.0M-1.8M0.913.85N/AN/A77,10470,072963,736926,384
2019-12-05$9.38$6.8848.1%14.3%26.5%15.9%45.7%25.6%0.3%9.4M-365.8M-1.7M1.0161.24N/AN/A71,59272,296983,016948,680
2019-12-06$9.70$6.8841.1%12.3%28.6%6.3%49.9%15.4%2.0%20.7M-560.1M-1.7M0.7926.48N/AN/A178,664140,7121,001,232966,480
2019-12-09$9.58$7.0845.1%13.3%28.8%11.8%48.5%17.6%1.0%6.9M-418.2M-1.7M1.1424.71N/AN/A83,23294,616883,064864,752
2019-12-10$9.50$7.0846.6%13.4%29.0%13.8%44.7%16.9%0.3%5.6M-386.5M-1.7M0.7434.72N/AN/A74,32854,984910,600916,048
2019-12-11$9.67$7.0844.0%13.2%29.5%10.3%49.5%17.3%1.9%9.2M-457.5M-1.7M0.9024.48N/AN/A78,53670,288951,104940,512
2019-12-12$9.89$7.0836.5%13.1%30.3%0.0%47.0%6.8%10.7%14.0M-559.2M-1.7M1.0173.08N/AN/A175,808177,248972,960956,464
2019-12-13$9.99$7.2937.1%11.0%30.4%0.9%42.0%15.4%1.8%23.6M-628.5M-1.6M0.7127.43N/AN/A249,472177,4321,002,432990,160
2019-12-16$10.27$7.2935.8%10.4%31.3%0.0%43.3%11.7%0.2%11.0M-646.0M-1.6M0.8620.77N/AN/A157,968136,392920,552896,880
2019-12-17$10.29$7.5036.3%10.5%31.3%0.7%41.6%12.0%-0.2%11.9M-646.6M-1.6M5.8824.42N/AN/A69,488408,880956,720949,664
2019-12-18$10.36$7.5035.4%10.2%31.3%0.0%38.8%11.9%1.8%-2.7M-650.9M-1.6M0.6225.84N/AN/A144,97690,440970,1121,170,296
2019-12-19$10.49$7.5036.0%10.3%29.4%0.8%41.4%12.1%-0.1%6.0M-706.0M-1.6M0.7514.39N/AN/A117,70488,552984,0481,207,328
2019-12-20$10.62$7.5035.2%10.0%29.2%0.0%40.6%11.7%1.1%18.9M-756.0M-1.6M0.704.54N/AN/A218,672153,888995,5841,233,240
2019-12-23$10.71$7.5035.6%10.0%29.1%0.6%39.8%12.9%3.0%9.0M-568.6M-1.6M0.9425.06N/AN/A117,784110,352802,592776,264
2019-12-24$10.71$7.5032.8%10.0%27.3%0.0%41.3%20.4%3.3%10.7M-546.6M-1.7M4.0010.91N/AN/A45,880183,304831,304832,808
2019-12-26$10.97$7.5036.9%10.0%28.0%6.3%38.3%12.4%2.7%3.5M-634.8M-1.6M0.6812.77N/AN/A190,568129,736832,416966,672
2019-12-27$10.95$7.7140.8%11.2%27.9%12.2%42.7%13.1%2.5%9.6M-626.6M-1.7M0.4911.36N/AN/A236,448116,368869,3201,005,520
2019-12-30$10.75$7.9245.4%12.5%28.5%19.9%49.1%14.0%0.9%7.6M-513.3M-1.8M0.936.02N/AN/A128,088119,232838,600800,448
2019-12-31$10.80$8.1343.3%11.6%25.4%17.9%49.1%15.0%1.0%10.0M-529.6M-1.8M0.583.51N/AN/A95,72055,888875,752852,080