TQQQ Options History — January 2020

In January 2020, TQQQ traded between $11.11 and $12.69. ATM implied volatility averaged 45.7%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 17.7% (HV 20d: 28.0%). Max pain ranged from $8.13 to $11.63. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.76.

Notable Days

  • 2020-01-24: Highest Volume — 713,328 contracts
  • 2020-01-31: Largest IV spike — 23.4% change
  • 2020-01-31: Highest IV Rank — 61.6%
  • 2020-01-31: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.94$11.11$12.69$11.28$11.69
Max Pain$10.80$8.13$11.63$8.13$11.63
ATM IV45.7%40.3%58.8%41.4%58.8%
Expected Move13.2%11.0%17.2%11.0%17.2%
HV 20d28.0%22.8%40.0%24.2%40.0%
HV 60d27.9%25.8%31.2%30.5%31.2%
IV Rank29.8%14.7%61.6%14.7%61.6%
IV Percentile35.9%9.9%86.5%13.9%86.5%
Term Structure0.8%-0.8%6.6%1.2%1.9%
VWIV48.5%43.8%58.0%44.6%58.0%
Skew 25d15.5%8.9%21.3%12.6%21.3%
Skew 10d28.6%23.5%36.9%23.5%33.8%
Call IV 25d38.7%35.6%48.7%37.0%48.7%
Put IV 25d54.2%46.0%70.0%49.6%70.0%
Bid-Ask Spread %12.393.8930.334.4520.78
Gamma HHI0.110.030.370.120.18
Net GEX9.2M-8.2M27.8M15.3M-8.2M
Net DEX-575.3M-911.4M-160.9M-720.4M-160.9M
Net VEX-1.9M-2.2M-1.7M-1.7M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.421.050.820.98
Total Volume368,700.19200,744713,328410,080644,344
Total OI1,678,494.4761,179,9442,031,7601,773,0641,678,304

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$11.28$8.1341.4%11.0%24.2%14.7%44.6%12.6%1.2%15.3M-720.4M-1.7M0.824.45N/AN/A225,184184,896899,296873,768
2020-01-03$11.11$8.1345.5%12.3%25.4%21.6%47.8%13.5%0.8%11.4M-633.5M-1.7M0.723.89N/AN/A218,800157,128915,544943,072
2020-01-06$11.20$10.6346.1%13.2%25.4%28.4%47.4%15.6%-0.4%7.9M-587.4M-1.7M0.854.96N/AN/A111,24894,528836,920863,112
2020-01-07$11.29$10.6345.2%13.2%23.8%27.7%48.4%16.2%-0.6%10.7M-625.6M-1.8M0.834.24N/AN/A109,97690,768868,536907,112
2020-01-08$11.61$10.6342.6%12.3%23.7%22.3%47.2%15.3%0.5%12.4M-750.3M-1.7M0.714.36N/AN/A208,192148,728890,624937,712
2020-01-09$11.77$10.6342.5%12.2%22.8%23.1%43.9%14.6%1.1%10.9M-787.6M-1.7M0.897.97N/AN/A207,672184,328908,984971,168
2020-01-10$11.70$10.8843.6%12.5%23.4%25.7%47.6%8.9%1.2%4.5M-754.5M-1.7M0.825.95N/AN/A193,008157,472932,4161,012,736
2020-01-13$12.05$10.8843.6%12.6%24.0%25.8%46.3%15.3%-0.0%7.4M-728.4M-1.7M0.974.10N/AN/A159,480155,304840,672890,480
2020-01-14$12.00$10.8845.0%13.0%24.6%28.9%47.9%15.4%-0.5%6.6M-710.0M-1.7M0.425.43N/AN/A270,856115,024870,448957,264
2020-01-15$11.91$11.0045.6%12.8%24.3%30.5%43.8%15.4%-0.8%9.3M-702.4M-1.8M0.557.47N/AN/A200,640109,824931,384991,008
2020-01-16$12.26$11.0041.6%11.8%25.3%20.9%44.2%13.0%-0.8%19.8M-850.6M-1.8M0.6423.04N/AN/A212,680135,360978,8401,020,968
2020-01-17$12.44$11.0040.3%11.6%25.4%18.0%46.8%12.5%0.2%27.8M-911.4M-1.8M0.5821.55N/AN/A284,448165,680985,0961,046,664
2020-01-21$12.49$11.1343.1%12.3%25.4%24.4%46.0%14.7%0.2%8.7M-469.8M-1.8M0.6516.39N/AN/A172,232111,456624,248555,696
2020-01-22$12.59$11.2543.0%12.3%25.4%24.3%45.4%14.8%-0.1%10.7M-500.9M-1.8M0.686.20N/AN/A210,832143,016665,800612,504
2020-01-23$12.69$11.2542.6%12.2%25.4%23.3%45.2%15.6%0.4%17.7M-541.0M-1.9M0.647.36N/AN/A178,664115,088715,192669,136
2020-01-24$12.33$11.2549.0%14.1%28.5%38.6%50.9%17.9%-0.1%1.4M-388.9M-2.0M1.0420.25N/AN/A350,136363,192738,984698,096
2020-01-27$11.63$11.5055.4%16.2%36.2%53.5%54.5%18.0%-0.5%-58.7K-178.5M-2.1M0.5220.33N/AN/A252,288132,320672,136667,168
2020-01-28$12.16$11.3850.1%14.7%39.1%41.0%54.0%19.7%1.4%5.6M-341.3M-2.2M0.5512.90N/AN/A209,496116,248761,344716,160
2020-01-29$12.23$11.5047.6%14.7%38.1%35.1%54.2%15.6%6.6%6.6M-367.7M-2.2M0.9628.19N/AN/A127,696123,136799,120762,448
2020-01-30$12.26$11.6347.6%14.6%38.1%35.2%54.7%19.1%5.8%6.8M-370.8M-2.2M1.0530.33N/AN/A191,056200,280831,024807,200
2020-01-31$11.69$11.6358.8%17.2%40.0%61.6%58.0%21.3%1.9%-8.2M-160.9M-2.2M0.9820.78N/AN/A325,232319,112844,656833,648