TQQQ Options History — August 2020

In August 2020, TQQQ traded between $14.87 and $20.50. ATM implied volatility averaged 75.7%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 16.7% (HV 20d: 58.9%). Max pain ranged from $9.38 to $13.81. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.84.

Notable Days

  • 2020-08-07: Highest Volume — 1,198,696 contracts
  • 2020-08-27: Largest IV spike — 10.9% change
  • 2020-08-31: Highest IV Rank — 29.4%
  • 2020-08-31: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.06$14.87$20.50$15.59$20.50
Max Pain$10.96$9.38$13.81$13.75$12.13
ATM IV75.7%69.8%87.4%77.3%87.4%
Expected Move21.6%19.9%23.9%21.7%23.9%
HV 20d58.9%47.6%68.5%62.0%47.6%
HV 60d63.1%62.0%65.3%65.3%62.3%
IV Rank23.1%20.0%29.4%24.0%29.4%
IV Percentile60.1%51.6%78.2%63.1%78.2%
Term Structure1.6%-1.2%3.8%-1.2%0.9%
VWIV77.9%71.4%87.8%83.4%87.8%
Skew 25d22.0%19.1%24.9%22.5%20.9%
Skew 10d39.5%34.1%43.7%39.3%41.3%
Call IV 25d65.3%60.0%78.3%66.1%78.3%
Put IV 25d87.3%79.6%99.2%88.6%99.2%
Bid-Ask Spread %32.074.8650.007.3941.24
Gamma HHI0.070.040.170.070.06
Net GEX21.2M4.1M44.2M18.9M14.8M
Net DEX-1.92B-2.59B-1.10B-1.68B-2.36B
Net VEX-5.0M-5.2M-4.7M-5.2M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.541.050.540.99
Total Volume692,842.667463,3281,198,696897,632541,208
Total OI3,917,183.6193,359,6244,266,6083,823,6083,418,832

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$15.59$13.7577.3%21.7%62.0%24.0%83.4%22.5%-1.2%18.9M-1.68B-5.2M0.547.39N/AN/A581,912315,7201,869,6721,953,936
2020-08-04$15.54$13.7575.8%21.1%62.0%23.2%78.0%21.8%-1.1%19.4M-1.61B-5.1M0.964.86N/AN/A254,376244,2321,841,0002,080,640
2020-08-05$15.75$13.8172.6%20.1%61.8%21.5%72.3%21.4%-0.2%24.8M-1.71B-5.1M0.907.25N/AN/A253,000227,2801,878,8082,134,776
2020-08-06$16.40$9.3871.9%21.5%62.5%21.1%76.6%22.1%-0.1%30.3M-2.03B-5.0M0.7219.98N/AN/A488,648353,0961,911,9442,189,168
2020-08-07$15.89$9.6374.5%22.6%63.7%22.5%82.0%24.1%3.1%27.6M-1.73B-5.0M0.9129.51N/AN/A627,792570,9041,941,6882,253,928
2020-08-10$15.52$9.7574.5%22.1%62.6%22.5%79.1%23.4%3.8%9.6M-1.36B-5.0M0.8126.68N/AN/A355,232289,5041,708,3601,994,560
2020-08-11$14.87$9.7580.3%23.1%64.6%25.6%82.5%24.9%-0.6%4.1M-1.10B-5.0M0.8028.36N/AN/A361,984289,6481,795,7522,103,136
2020-08-12$15.92$10.0074.1%22.3%68.5%22.3%77.0%24.2%3.7%20.2M-1.63B-5.0M0.5936.96N/AN/A504,576299,0001,885,7842,170,976
2020-08-13$16.02$10.0075.8%22.0%67.8%23.2%77.3%21.8%0.6%23.4M-1.70B-5.0M0.8435.49N/AN/A409,088345,3761,939,1602,250,128
2020-08-14$15.82$10.0074.8%22.1%68.1%22.7%76.3%20.1%3.0%15.5M-1.57B-4.9M0.8232.04N/AN/A420,632343,7761,972,6722,293,936
2020-08-17$16.53$10.0073.2%21.2%63.6%21.8%72.6%22.0%0.2%19.2M-1.82B-4.8M0.9324.67N/AN/A276,392256,2641,745,4881,987,064
2020-08-18$17.01$10.0069.9%20.1%62.8%20.0%71.4%19.1%1.8%26.6M-2.06B-4.9M0.8425.64N/AN/A294,616246,3441,861,4882,114,488
2020-08-19$16.70$10.0071.2%20.4%63.5%20.7%79.0%22.6%2.6%23.9M-1.87B-5.0M0.8645.93N/AN/A266,072229,9041,880,7282,186,600
2020-08-20$17.38$10.0069.8%19.9%55.7%20.0%73.5%22.1%2.8%31.9M-2.21B-4.9M0.8733.20N/AN/A277,392242,2161,913,1842,242,824
2020-08-21$17.60$10.3872.1%20.5%53.0%21.2%75.4%21.4%1.7%44.2M-2.35B-4.9M0.7441.45N/AN/A485,768359,9521,933,5362,304,088
2020-08-24$17.91$10.6375.0%21.2%50.4%22.8%73.8%22.1%2.7%15.6M-1.88B-4.7M1.0344.66N/AN/A325,760335,5441,571,0881,788,536
2020-08-25$18.40$11.5073.6%20.5%47.7%22.0%75.6%22.3%2.4%18.4M-2.09B-4.9M0.8850.00N/AN/A246,720216,6081,669,2561,942,432
2020-08-26$19.53$11.6376.7%22.0%50.1%23.7%78.4%21.2%1.9%17.2M-2.48B-4.8M0.7747.90N/AN/A499,456384,0961,704,1601,994,440
2020-08-27$19.56$12.0085.0%23.7%50.3%28.2%83.4%22.3%2.0%17.5M-2.46B-5.0M0.8244.92N/AN/A497,928406,3521,756,6802,091,976
2020-08-28$19.80$12.1383.1%22.4%49.4%27.1%80.9%19.6%3.0%22.3M-2.59B-5.0M1.0545.45N/AN/A304,944320,3841,830,3042,153,640
2020-08-31$20.50$12.1387.4%23.9%47.6%29.4%87.8%20.9%0.9%14.8M-2.36B-5.0M0.9941.24N/AN/A271,328269,8801,593,4321,825,400