TQQQ Options History — November 2020

In November 2020, TQQQ traded between $14.48 and $19.65. ATM implied volatility averaged 76.1%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded below realized volatility by 15.4% (HV 20d: 91.4%). Max pain ranged from $15.00 to $16.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.70.

Notable Days

  • 2020-11-04: Highest Volume — 997,888 contracts
  • 2020-11-04: Largest IV drop — 12.1% change
  • 2020-11-02: Highest IV Rank — 41.4%
  • 2020-11-02: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.06$14.48$19.65$14.48$19.65
Max Pain$15.39$15.00$16.25$15.75$16.25
ATM IV76.1%61.9%109.5%109.5%67.0%
Expected Move22.3%17.7%34.7%34.7%19.6%
HV 20d91.4%67.7%98.0%84.1%67.7%
HV 60d92.7%85.4%94.5%88.7%85.4%
IV Rank23.3%15.7%41.4%41.4%18.5%
IV Percentile39.7%23.4%85.7%85.7%25.4%
Term Structure0.2%-2.4%3.6%-2.4%3.6%
VWIV80.4%63.1%115.6%115.6%70.1%
Skew 25d20.2%14.7%29.0%27.7%15.0%
Skew 10d36.6%18.6%50.7%47.3%28.7%
Call IV 25d66.1%55.7%92.7%92.7%60.0%
Put IV 25d86.3%71.0%120.4%120.4%75.0%
Bid-Ask Spread %36.7311.3747.9913.8938.24
Gamma HHI0.070.030.120.030.07
Net GEX21.8M4.1M43.0M4.1M20.9M
Net DEX-1.42B-2.19B-498.7M-498.7M-1.65B
Net VEX-5.0M-5.3M-4.7M-4.7M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.481.080.570.88
Total Volume567,284351,776997,888549,712442,912
Total OI2,920,783.22,561,4003,286,5842,697,2962,613,408

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$14.48$15.75109.5%34.7%84.1%41.4%115.6%27.7%-2.4%4.1M-498.7M-4.7M0.5713.89N/AN/A351,208198,5041,555,2241,142,072
2020-11-03$15.64$15.7598.3%31.1%87.2%35.3%109.1%29.0%-1.6%7.4M-767.0M-4.8M0.6911.37N/AN/A304,264209,8321,555,2241,142,072
2020-11-04$17.48$15.7586.5%26.0%93.9%28.9%92.7%22.1%0.2%22.6M-1.51B-5.2M0.5714.16N/AN/A634,576363,3121,752,5281,232,664
2020-11-05$18.68$15.0084.0%24.4%96.6%27.6%88.6%22.1%0.9%32.7M-2.05B-5.3M0.5839.28N/AN/A558,992324,8241,852,5441,287,088
2020-11-06$19.04$15.0077.8%22.7%95.8%24.3%81.7%19.1%-0.6%37.7M-2.19B-5.3M0.6638.59N/AN/A456,056301,2401,916,0481,370,536
2020-11-09$18.34$15.0078.2%23.1%90.7%24.5%82.5%19.1%2.8%16.3M-1.47B-5.1M0.7340.59N/AN/A365,208267,0321,589,7601,144,480
2020-11-10$16.90$15.6382.5%23.8%94.7%26.8%83.6%21.6%0.3%5.4M-888.9M-5.0M0.7438.36N/AN/A427,560315,1921,651,7521,249,432
2020-11-11$17.93$15.6377.8%22.3%97.3%24.3%85.2%18.2%-0.1%13.2M-1.31B-5.1M0.5841.66N/AN/A328,464191,5841,742,5921,325,384
2020-11-12$17.56$15.0081.3%23.6%97.1%26.2%83.6%25.7%2.1%10.1M-1.18B-5.2M0.8245.95N/AN/A280,696228,8961,790,3761,357,904
2020-11-13$18.20$15.0074.4%21.6%98.0%22.4%77.5%19.8%1.5%24.9M-1.47B-5.1M0.6547.99N/AN/A359,416235,0801,824,6481,406,216
2020-11-16$18.39$15.0071.7%20.7%95.1%21.0%76.4%20.1%-1.0%18.6M-1.41B-5.0M0.9144.77N/AN/A206,488188,3201,596,8001,192,808
2020-11-17$18.39$15.0071.1%20.5%94.9%20.7%76.8%20.0%-1.0%21.6M-1.43B-5.0M1.0842.15N/AN/A177,784191,4641,651,7121,255,880
2020-11-18$18.15$15.0069.6%20.0%95.0%19.9%74.2%20.8%1.3%19.5M-1.32B-4.9M0.7944.69N/AN/A196,504155,2721,676,7601,288,264
2020-11-19$18.41$15.0068.7%19.8%95.1%19.4%74.6%19.9%-1.5%26.8M-1.43B-4.9M0.6241.16N/AN/A277,848171,6321,696,2081,335,360
2020-11-20$18.21$15.0066.3%19.1%95.2%18.1%70.9%18.3%-0.8%25.4M-1.35B-4.8M0.8346.44N/AN/A252,008208,2401,761,8241,330,976
2020-11-23$18.08$15.6366.2%18.9%92.8%18.0%68.2%19.7%-0.8%15.1M-1.21B-4.7M0.5633.46N/AN/A372,992209,2081,490,0481,071,352
2020-11-24$18.80$15.6364.6%18.5%92.7%17.2%67.2%15.5%0.2%28.6M-1.54B-4.8M0.5335.38N/AN/A368,352195,8961,580,9521,166,288
2020-11-25$19.22$15.6361.9%17.7%82.9%15.7%67.3%15.3%0.8%41.6M-1.76B-4.9M0.6839.62N/AN/A272,184183,8641,656,7121,211,168
2020-11-27$19.59$16.2563.9%18.3%81.8%16.8%63.1%14.7%0.7%43.0M-1.98B-4.7M0.4836.80N/AN/A386,112186,6641,694,1601,256,440
2020-11-30$19.65$16.2567.0%19.6%67.7%18.5%70.1%15.0%3.6%20.9M-1.65B-4.7M0.8838.24N/AN/A235,248207,6641,520,4001,093,008