TQQQ Options History — February 2020

In February 2020, TQQQ traded between $8.94 and $14.76. ATM implied volatility averaged 61.6%, placing in the 56.2% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 6.7% (HV 20d: 54.9%). Max pain ranged from $11.25 to $12.50. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.77.

Notable Days

  • 2020-02-28: Highest Volume — 947,208 contracts
  • 2020-02-28: Largest IV spike — 28.4% change
  • 2020-02-25: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 44.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.94$8.94$14.76$12.23$8.94
Max Pain$11.98$11.25$12.50$11.63$11.88
ATM IV61.6%45.3%131.0%54.0%131.0%
Expected Move18.3%13.3%44.1%15.7%44.1%
HV 20d54.9%42.3%86.1%42.3%86.1%
HV 60d39.1%32.3%57.9%32.3%57.9%
IV Rank56.2%29.7%100.0%50.2%100.0%
IV Percentile70.1%37.3%100.0%71.8%100.0%
Term Structure-0.9%-12.8%2.3%-0.6%-12.8%
VWIV63.9%47.6%146.5%56.7%146.5%
Skew 25d20.6%12.8%50.0%20.5%50.0%
Skew 10d38.2%27.2%75.7%36.0%75.7%
Call IV 25d51.8%39.8%104.2%44.8%104.2%
Put IV 25d72.3%54.2%154.2%65.4%154.2%
Bid-Ask Spread %13.326.2634.7918.2334.79
Gamma HHI0.070.030.160.040.04
Net GEX7.5M-1.6M21.7M4.0M-1.0M
Net DEX-473.9M-888.9M287.2M-352.8M287.2M
Net VEX-2.3M-2.6M-2.1M-2.2M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.481.240.650.91
Total Volume595,543.158357,008947,208374,720947,208
Total OI1,882,694.7371,435,0002,588,4881,435,0002,588,488

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$12.23$11.6354.0%15.7%42.3%50.2%56.7%20.5%-0.6%4.0M-352.8M-2.2M0.6518.23N/AN/A227,008147,712716,776718,224
2020-02-04$13.11$11.6348.4%13.5%48.0%37.1%52.8%18.5%0.4%9.7M-615.0M-2.1M0.6818.02N/AN/A304,584206,792768,984765,456
2020-02-05$13.23$11.7549.2%13.5%48.0%39.0%51.0%12.8%0.7%12.4M-665.6M-2.2M0.7822.87N/AN/A249,640194,544820,512825,016
2020-02-06$13.51$11.2548.5%13.9%47.7%37.3%48.2%14.5%-0.4%13.6M-766.2M-2.2M0.667.34N/AN/A215,624141,384873,624887,712
2020-02-07$13.40$11.5050.6%14.5%47.9%42.4%51.0%15.3%-0.5%9.8M-715.9M-2.3M1.047.20N/AN/A250,408260,680905,000928,376
2020-02-10$13.77$11.8850.8%14.5%48.2%42.7%51.3%16.3%-0.2%3.9M-622.0M-2.2M1.246.39N/AN/A208,744259,400765,536847,512
2020-02-11$13.88$11.8851.2%14.6%47.5%43.7%51.8%16.6%-0.4%6.0M-657.1M-2.3M0.9412.93N/AN/A257,944241,664788,256892,232
2020-02-12$14.25$11.8845.3%13.3%47.8%29.7%47.7%14.1%0.7%10.4M-804.0M-2.2M0.8317.13N/AN/A209,280173,184858,328956,368
2020-02-13$14.17$11.8847.8%13.9%47.7%35.7%47.6%14.6%1.7%13.3M-779.2M-2.3M0.8211.69N/AN/A226,720186,984902,544979,848
2020-02-14$14.25$11.8846.2%13.4%47.1%31.9%51.7%15.4%0.7%21.7M-842.3M-2.3M0.956.26N/AN/A251,888238,072955,1921,003,816
2020-02-18$14.38$12.1348.3%13.9%47.0%36.9%50.1%17.1%0.2%11.9M-736.5M-2.3M0.828.50N/AN/A217,600178,944849,264846,216
2020-02-19$14.76$12.2547.9%13.7%47.5%35.8%52.3%15.7%0.4%15.3M-888.9M-2.2M0.669.29N/AN/A314,624208,920901,904911,488
2020-02-20$14.32$12.5051.8%14.8%49.4%45.1%50.8%18.1%2.3%8.3M-673.9M-2.4M0.5017.24N/AN/A472,104234,304946,712965,712
2020-02-21$13.47$12.5060.0%17.2%55.0%64.5%59.8%22.3%0.9%2.2M-358.1M-2.6M0.4810.60N/AN/A627,416301,7281,108,5761,011,824
2020-02-24$12.14$12.5073.5%21.7%66.0%96.4%75.5%28.0%-1.2%-505.4K-90.3M-2.4M0.7310.66N/AN/A446,712325,272988,632783,416
2020-02-25$11.11$12.5081.5%24.7%70.3%100.0%82.4%27.2%-2.5%-1.6M80.2M-2.4M0.698.22N/AN/A516,776355,0641,110,504887,984
2020-02-26$11.18$12.1381.6%24.6%68.1%100.0%81.7%26.9%-3.8%4.5M-26.0M-2.6M0.547.98N/AN/A529,696284,4801,368,680947,240
2020-02-27$9.84$12.13102.0%31.5%80.8%100.0%105.5%27.0%-3.7%-1.3M222.4M-2.4M0.6817.72N/AN/A536,680365,5361,406,832988,416
2020-02-28$8.94$11.88131.0%44.1%86.1%100.0%146.5%50.0%-12.8%-1.0M287.2M-2.3M0.9134.79N/AN/A495,040452,1681,550,0881,038,400