TQQQ Options History — July 2020

In July 2020, TQQQ traded between $12.79 and $15.22. ATM implied volatility averaged 84.0%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 23.7%. IV traded above realized volatility by 20.6% (HV 20d: 63.4%). Max pain ranged from $10.75 to $13.75. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2020-07-24: Highest Volume — 1,543,800 contracts
  • 2020-07-13: Largest IV spike — 18.7% change
  • 2020-07-14: Highest IV Rank — 34.7%
  • 2020-07-14: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.04$12.79$15.22$12.79$14.75
Max Pain$12.95$10.75$13.75$10.75$13.75
ATM IV84.0%73.6%97.1%76.4%76.3%
Expected Move23.7%18.9%28.1%19.6%21.3%
HV 20d63.4%49.5%78.4%78.4%62.5%
HV 60d69.1%64.5%75.1%74.7%64.7%
IV Rank27.6%22.0%34.7%23.5%23.5%
IV Percentile74.1%61.9%84.1%70.2%61.9%
Term Structure-0.5%-4.4%3.6%0.5%3.6%
VWIV85.9%65.1%101.4%73.1%75.4%
Skew 25d23.1%15.2%25.9%25.0%22.5%
Skew 10d41.7%30.7%49.3%49.2%49.3%
Call IV 25d72.5%63.2%88.0%63.5%64.5%
Put IV 25d95.6%82.3%113.1%88.4%86.9%
Bid-Ask Spread %3.801.747.383.225.22
Gamma HHI0.060.040.090.070.08
Net GEX15.8M-11.7M35.8M22.3M35.8M
Net DEX-1.31B-1.83B-607.7M-1.34B-1.57B
Net VEX-5.0M-5.2M-4.8M-4.9M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.461.160.650.78
Total Volume874,416489,7361,543,800751,5521,432,768
Total OI4,008,789.4553,353,7524,484,0324,002,1924,484,032

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$12.79$10.7576.4%19.6%78.4%23.5%73.1%25.0%0.5%22.3M-1.34B-4.9M0.653.22N/AN/A454,752296,8001,897,2562,104,936
2020-07-02$13.01$11.0073.6%18.9%76.7%22.0%65.1%21.8%0.2%23.1M-1.46B-4.8M0.664.33N/AN/A632,688416,8881,910,8082,213,176
2020-07-06$13.80$11.7578.5%22.1%76.6%24.6%88.3%15.2%-1.2%14.9M-1.41B-4.9M0.711.74N/AN/A535,520377,6081,706,2161,938,496
2020-07-07$13.73$11.8882.2%23.3%76.7%26.6%83.7%22.6%-0.1%14.9M-1.37B-4.9M0.711.82N/AN/A364,944259,1521,758,6402,032,392
2020-07-08$14.02$11.8882.9%23.3%76.3%27.0%89.0%21.9%-1.5%17.8M-1.47B-5.0M0.731.93N/AN/A336,448246,8321,816,2162,093,352
2020-07-09$14.42$13.1386.4%24.2%75.9%28.9%88.1%25.4%-4.2%22.2M-1.67B-5.1M0.872.75N/AN/A479,600416,6161,879,6962,180,896
2020-07-10$14.72$13.1381.7%23.2%49.5%26.4%90.8%25.9%3.1%24.3M-1.83B-5.0M0.812.87N/AN/A499,624403,0721,909,3202,255,016
2020-07-13$14.16$13.1397.0%27.1%52.6%34.6%99.6%25.5%-1.5%13.3M-1.36B-5.0M0.653.10N/AN/A655,568424,8241,729,5282,003,280
2020-07-14$13.97$13.0097.1%28.1%53.1%34.7%101.4%23.3%0.6%11.6M-1.24B-5.1M0.562.37N/AN/A655,168369,8481,862,3602,124,568
2020-07-15$14.23$13.0095.3%26.3%51.3%33.7%96.2%25.3%-4.4%18.2M-1.39B-5.2M0.592.39N/AN/A454,344266,3042,000,0882,199,648
2020-07-16$13.94$13.0090.3%25.6%52.4%31.0%89.3%21.1%-1.6%18.3M-1.28B-5.0M0.765.14N/AN/A446,504337,2722,092,6722,260,192
2020-07-17$14.02$13.0081.5%23.4%52.3%26.3%82.3%22.6%-0.4%17.6M-1.30B-4.9M0.835.40N/AN/A464,520384,0402,145,7602,332,896
2020-07-20$15.22$13.0079.6%22.7%58.4%25.2%82.7%20.6%0.2%15.8M-1.50B-4.9M0.724.18N/AN/A500,120358,3921,653,4801,700,272
2020-07-21$14.77$13.7582.7%23.7%60.0%26.9%91.8%22.4%0.6%15.4M-1.36B-5.1M0.933.00N/AN/A473,808442,5841,795,4881,872,528
2020-07-22$14.83$13.7579.7%22.8%59.3%25.3%89.1%21.5%1.8%17.3M-1.38B-5.2M0.814.35N/AN/A307,000249,5681,876,7121,992,864
2020-07-23$13.69$13.7584.3%24.3%63.2%27.8%83.2%24.5%-3.4%1.4M-853.2M-5.0M0.595.06N/AN/A726,424429,3761,921,3202,064,264
2020-07-24$13.23$13.7587.1%24.9%64.9%29.3%85.6%24.5%0.5%-11.7M-607.7M-5.0M0.764.90N/AN/A877,160666,6402,013,5602,171,328
2020-07-27$14.02$13.7583.5%23.9%64.1%27.4%83.9%23.6%-1.2%11.2M-1.10B-5.2M0.464.63N/AN/A488,952224,1921,891,7681,934,800
2020-07-28$13.57$13.5085.2%24.6%65.9%28.3%84.9%23.5%-0.9%11.8M-961.0M-5.1M0.723.53N/AN/A283,936205,8002,011,5521,994,432
2020-07-29$13.96$13.6381.9%23.4%63.4%26.5%81.8%24.3%-1.2%15.4M-1.12B-5.2M0.824.25N/AN/A270,480222,3762,053,3522,078,048
2020-07-30$14.13$13.6385.0%24.0%61.1%28.2%85.3%25.4%-1.4%17.5M-1.21B-5.2M1.167.38N/AN/A415,848482,7922,092,9762,143,184
2020-07-31$14.75$13.7576.3%21.3%62.5%23.5%75.4%22.5%3.6%35.8M-1.57B-5.2M0.785.22N/AN/A805,128627,6402,142,0722,341,960