TQQQ Options History — June 2020

In June 2020, TQQQ traded between $10.48 and $12.55. ATM implied volatility averaged 79.7%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 14.0% (HV 20d: 65.7%). Max pain ranged from $8.75 to $10.75. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.78.

Notable Days

  • 2020-06-12: Highest Volume — 1,455,944 contracts
  • 2020-06-11: Largest IV spike — 27.9% change
  • 2020-06-11: Highest IV Rank — 33.8%
  • 2020-06-11: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.41$10.48$12.55$10.48$12.13
Max Pain$9.95$8.75$10.75$8.75$10.75
ATM IV79.7%65.1%95.4%73.4%79.8%
Expected Move22.6%18.8%27.0%21.2%21.5%
HV 20d65.7%53.8%77.1%54.4%77.1%
HV 60d109.5%83.7%145.0%145.0%83.7%
IV Rank25.3%17.4%33.8%21.9%25.4%
IV Percentile75.7%68.3%83.3%73.0%73.4%
Term Structure0.8%-2.5%5.3%-0.9%-0.5%
VWIV82.9%68.3%100.6%78.3%79.4%
Skew 25d24.3%14.7%30.9%25.3%26.5%
Skew 10d47.1%33.4%60.4%47.7%49.3%
Call IV 25d68.2%56.1%83.6%61.4%66.7%
Put IV 25d92.4%73.8%111.8%86.7%93.2%
Bid-Ask Spread %5.021.6520.9320.932.43
Gamma HHI0.070.040.190.050.05
Net GEX16.1M-2.6M34.9M14.3M17.9M
Net DEX-1.10B-1.72B-622.5M-933.1M-1.03B
Net VEX-5.0M-5.2M-4.8M-4.9M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.561.090.950.63
Total Volume761,675.273422,6241,455,944514,752633,912
Total OI4,450,352.3643,487,0005,100,0164,325,5043,872,832

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$10.48$8.7573.4%21.2%54.4%21.9%78.3%25.3%-0.9%14.3M-933.1M-4.9M0.9520.93N/AN/A263,832250,9202,296,0482,029,456
2020-06-02$10.54$8.7570.1%20.6%54.1%20.1%74.5%24.5%-0.2%17.4M-976.2M-4.9M1.0016.67N/AN/A211,200211,4242,365,8402,114,992
2020-06-03$10.88$8.7567.4%19.0%54.2%18.7%68.3%23.5%2.4%22.3M-1.18B-4.9M0.8315.70N/AN/A318,608265,1602,404,0962,179,360
2020-06-04$10.51$9.3871.2%20.5%56.4%20.7%78.2%21.5%0.8%19.1M-935.0M-4.8M0.793.66N/AN/A405,784319,1762,421,6242,222,512
2020-06-05$11.16$9.3865.1%18.8%58.9%17.4%69.7%15.6%1.3%34.9M-1.41B-4.8M0.842.77N/AN/A562,376471,5842,492,6242,321,360
2020-06-08$11.42$9.6366.8%19.6%58.0%18.3%73.1%16.0%2.0%17.1M-1.27B-4.8M0.881.65N/AN/A322,568282,6242,275,9922,140,656
2020-06-09$11.80$9.6372.0%20.7%57.9%21.1%75.8%20.0%1.1%18.8M-1.47B-5.0M0.671.74N/AN/A406,360273,1042,342,5842,237,848
2020-06-10$12.25$9.7574.6%20.7%53.8%22.5%74.7%14.7%-1.3%21.5M-1.72B-5.2M0.742.26N/AN/A502,248373,1202,413,8082,322,384
2020-06-11$10.59$9.8895.4%27.0%72.2%33.8%100.6%28.2%-2.5%7.1M-747.2M-5.1M0.873.26N/AN/A669,080579,2962,467,6162,429,576
2020-06-12$10.51$9.8891.5%26.1%71.8%31.7%96.5%30.9%-2.0%5.6M-674.1M-5.0M0.943.95N/AN/A752,368703,5762,562,8562,537,160
2020-06-15$10.86$10.0087.3%24.9%72.2%29.4%96.8%27.6%0.9%10.5M-965.5M-5.0M1.092.55N/AN/A384,840420,9922,298,6242,388,552
2020-06-16$11.42$10.0086.0%24.7%69.3%28.7%87.1%25.3%-0.8%16.0M-1.27B-5.1M0.584.81N/AN/A453,064262,5202,379,6722,430,152
2020-06-17$11.65$10.2583.0%23.8%69.4%27.1%85.0%24.9%2.7%20.0M-1.40B-5.2M0.743.98N/AN/A287,936213,1842,419,3122,500,016
2020-06-18$11.70$10.2580.1%22.8%68.5%25.5%85.2%23.2%2.8%24.7M-1.44B-4.9M0.792.34N/AN/A240,592189,4882,438,4722,569,656
2020-06-19$11.78$10.2579.6%22.4%67.4%25.3%86.1%24.6%3.6%30.9M-1.48B-5.0M0.733.53N/AN/A603,896438,1362,456,0402,610,328
2020-06-22$12.13$10.2581.6%23.0%67.7%26.3%84.3%26.7%0.2%10.1M-971.0M-5.0M0.802.88N/AN/A311,008247,8881,651,7201,835,280
2020-06-23$12.55$10.6378.1%22.3%68.0%24.4%82.4%27.4%5.3%15.6M-1.17B-5.1M0.692.58N/AN/A434,032301,0401,769,6001,950,488
2020-06-24$11.85$10.6386.6%24.5%72.3%29.0%87.5%25.5%0.5%11.0M-857.9M-5.0M0.793.99N/AN/A519,008411,1841,835,9362,032,272
2020-06-25$11.95$10.7584.7%23.7%72.2%28.0%83.1%26.3%1.3%15.3M-930.0M-5.1M0.632.71N/AN/A368,872231,6961,935,8082,142,776
2020-06-26$11.37$10.7591.2%25.4%74.6%31.5%89.0%27.6%1.0%-2.6M-622.5M-4.9M0.653.24N/AN/A657,360428,8321,967,5442,182,960
2020-06-29$11.41$10.7587.0%24.4%74.4%29.2%87.5%28.5%-0.9%7.0M-683.2M-4.8M0.562.82N/AN/A368,152204,8161,728,5361,932,784
2020-06-30$12.13$10.7579.8%21.5%77.1%25.4%79.4%26.5%-0.5%17.9M-1.03B-5.0M0.632.43N/AN/A389,528244,3841,852,9922,019,840