TQQQ Options History — September 2020

In September 2020, TQQQ traded between $14.20 and $21.91. ATM implied volatility averaged 98.7%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded below realized volatility by 1.8% (HV 20d: 100.5%). Max pain ranged from $12.38 to $18.75. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2020-09-04: Highest Volume — 1,589,984 contracts
  • 2020-09-03: Largest IV spike — 17.1% change
  • 2020-09-03: Highest IV Rank — 44.6%
  • 2020-09-03: Largest Expected Move — 33.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.33$14.20$21.91$21.14$16.39
Max Pain$15.95$12.38$18.75$12.38$15.25
ATM IV98.7%89.3%115.5%89.3%91.0%
Expected Move27.8%24.0%33.3%24.0%24.4%
HV 20d100.5%47.6%116.5%47.6%114.8%
HV 60d76.4%62.4%81.7%62.4%81.0%
IV Rank35.5%30.4%44.6%30.4%31.4%
IV Percentile81.0%72.2%90.1%79.0%72.2%
Term Structure1.6%-4.3%8.0%2.4%6.5%
VWIV95.7%85.0%110.7%87.6%85.0%
Skew 25d23.2%20.2%29.3%20.2%22.9%
Skew 10d40.7%26.5%60.3%38.9%40.6%
Call IV 25d86.1%78.1%100.8%81.3%78.3%
Put IV 25d109.4%100.3%128.7%101.5%101.2%
Bid-Ask Spread %17.156.8349.9749.9715.39
Gamma HHI0.050.030.090.060.04
Net GEX8.4M-4.2M23.8M17.1M22.7M
Net DEX-1.13B-2.82B-537.3M-2.61B-1.24B
Net VEX-4.9M-5.4M-4.5M-5.1M-4.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.420.940.760.69
Total Volume782,962.667278,9761,589,984532,616668,320
Total OI3,476,329.1432,449,2404,213,9923,593,9442,818,968

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$21.14$12.3889.3%24.0%47.6%30.4%87.6%20.2%2.4%17.1M-2.61B-5.1M0.7649.97N/AN/A303,480229,1361,666,6081,927,336
2020-09-02$21.91$12.5098.6%26.6%48.1%35.5%96.1%22.4%1.2%17.8M-2.82B-5.1M0.7242.70N/AN/A450,368323,4481,713,0482,003,168
2020-09-03$18.28$18.75115.5%33.3%84.2%44.6%110.7%27.9%0.2%-3.9M-1.37B-5.4M0.779.57N/AN/A820,136627,5121,756,3122,098,936
2020-09-04$17.98$18.75108.4%30.7%83.5%40.8%106.0%29.3%-1.9%-4.2M-1.23B-5.4M0.8417.05N/AN/A864,272725,7121,981,1682,209,680
2020-09-08$15.37$18.00113.4%32.0%101.4%43.5%103.0%26.5%0.4%3.3M-830.2M-4.9M0.4817.54N/AN/A529,328253,4161,763,7041,919,464
2020-09-09$16.60$17.50103.7%29.8%103.6%38.2%101.3%24.6%2.5%7.8M-1.22B-5.1M0.4311.80N/AN/A487,904209,0961,906,9041,982,064
2020-09-10$15.67$16.88105.2%30.2%103.1%39.0%100.3%21.4%2.2%5.2M-914.8M-4.9M0.7615.59N/AN/A489,248372,3361,992,2962,013,584
2020-09-11$15.11$16.8899.7%28.1%103.8%36.1%93.6%20.2%-4.3%-1.5M-687.9M-4.7M0.9419.40N/AN/A474,224443,3762,051,9922,107,664
2020-09-14$16.10$16.2592.0%26.3%106.4%32.0%93.7%21.8%1.5%7.1M-1.12B-4.8M0.6812.96N/AN/A317,712216,6481,826,7761,918,352
2020-09-15$16.52$16.2594.3%27.0%105.6%33.2%92.9%23.4%0.8%11.1M-1.29B-4.8M0.4215.65N/AN/A393,720166,1121,889,8081,955,136
2020-09-16$16.07$16.2595.1%27.3%105.5%33.6%94.7%24.5%1.3%9.9M-1.14B-4.8M0.6425.63N/AN/A295,736188,2241,992,9361,992,928
2020-09-17$14.98$15.88100.8%28.9%108.1%36.7%98.4%22.1%1.1%-262.0K-695.9M-4.6M0.6320.12N/AN/A545,296345,7682,008,7282,044,040
2020-09-18$14.62$15.8898.8%28.4%106.9%35.6%95.4%22.5%-0.9%-2.1M-581.8M-4.6M0.637.34N/AN/A649,040406,1842,102,1762,111,816
2020-09-21$14.51$15.63100.1%28.5%106.6%36.3%98.1%22.8%1.3%4.9M-583.6M-4.5M0.6314.70N/AN/A409,584258,5921,500,848948,392
2020-09-22$15.61$15.6393.4%26.2%110.3%32.7%94.2%20.5%-0.2%12.0M-946.7M-4.8M0.4711.16N/AN/A422,984198,1121,605,8161,026,360
2020-09-23$14.20$15.2598.2%28.4%113.8%35.3%95.9%24.3%2.0%5.7M-537.3M-4.6M0.6115.09N/AN/A470,624285,5041,715,6561,077,464
2020-09-24$14.40$15.25100.7%28.6%111.0%36.6%97.9%24.6%0.0%6.3M-571.8M-4.6M0.6815.99N/AN/A507,776343,8721,802,1441,162,792
2020-09-25$15.29$15.2591.7%25.5%114.1%31.8%89.9%22.7%2.0%23.8M-977.6M-4.8M0.737.41N/AN/A538,392395,3921,871,0241,237,304
2020-09-28$16.19$15.2590.6%24.9%116.5%31.2%87.3%20.6%8.0%16.1M-1.14B-4.9M0.788.18N/AN/A301,648235,0081,590,544971,208
2020-09-29$16.05$15.2591.6%25.5%115.3%31.7%88.0%22.8%6.5%17.6M-1.12B-5.0M0.806.83N/AN/A155,024123,9521,682,7441,055,024
2020-09-30$16.39$15.2591.0%24.4%114.8%31.4%85.0%22.9%6.5%22.7M-1.24B-4.9M0.6915.39N/AN/A395,848272,4721,717,6401,101,328