TQQQ Options History — January 2021

In January 2021, TQQQ traded between $21.45 and $25.96. ATM implied volatility averaged 75.7%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 27.4% (HV 20d: 48.3%). Max pain ranged from $20.00 to $32.50. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.91.

Notable Days

  • 2021-01-08: Highest Volume — 876,720 contracts
  • 2021-01-27: Largest IV spike — 25.5% change
  • 2021-01-27: Highest IV Rank — 27.9%
  • 2021-01-27: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.54$21.45$25.96$21.72$22.80
Max Pain$21.03$20.00$32.50$20.00$21.50
ATM IV75.7%66.4%93.6%79.1%93.6%
Expected Move21.6%19.0%28.7%22.3%26.7%
HV 20d48.3%38.8%68.4%38.8%68.4%
HV 60d63.5%57.5%65.4%65.3%59.6%
IV Rank19.1%13.5%27.9%21.8%27.9%
IV Percentile34.0%12.7%67.1%44.0%66.7%
Term Structure0.3%-1.6%2.2%-0.7%0.4%
VWIV79.2%68.9%93.5%83.1%92.8%
Skew 25d24.5%19.8%33.6%28.0%33.6%
Skew 10d44.7%38.9%60.6%47.1%60.6%
Call IV 25d64.2%57.1%78.8%65.8%74.6%
Put IV 25d88.7%78.0%111.6%93.7%108.3%
Bid-Ask Spread %10.506.0522.158.2812.90
Gamma HHI0.070.030.260.050.05
Net GEX13.9M-5.0M57.1M10.0M-5.0M
Net DEX-1.36B-2.35B18.6M-1.42B-547.8M
Net VEX-4.5M-5.2M-1.3M-4.3M-5.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.611.330.970.65
Total Volume532,149.474208,972876,720807,776742,684
Total OI2,247,834.737283,1802,883,5922,387,1922,106,144

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$21.72$20.0079.1%22.3%38.8%21.8%83.1%28.0%-0.7%10.0M-1.42B-4.3M0.978.28N/AN/A409,856397,9201,290,3521,096,840
2021-01-05$22.20$20.0074.8%21.3%39.3%19.3%79.8%26.1%-0.1%11.9M-1.59B-4.5M1.059.62N/AN/A187,248196,0481,371,8561,243,952
2021-01-06$21.45$20.0076.9%21.6%41.2%20.6%79.2%24.5%-0.3%4.8M-1.33B-4.5M0.9612.73N/AN/A347,776334,6001,408,0161,283,696
2021-01-07$23.01$20.0070.0%20.2%47.7%16.7%72.2%23.6%0.8%34.7M-2.02B-4.5M0.946.66N/AN/A341,760321,8881,455,0321,345,264
2021-01-08$23.75$20.0071.0%20.2%40.3%17.2%76.2%20.8%1.5%57.1M-2.35B-4.4M1.026.05N/AN/A433,408443,3121,496,6161,386,976
2021-01-11$22.78$20.0079.0%22.3%43.9%21.7%83.7%25.2%-1.6%12.4M-1.65B-4.6M1.226.87N/AN/A245,272299,1281,317,7201,198,392
2021-01-12$22.71$20.0075.9%21.5%43.0%20.0%80.1%24.0%-1.1%10.5M-1.61B-4.7M0.768.58N/AN/A215,712163,8161,357,7281,313,464
2021-01-13$23.22$20.0072.9%20.7%42.4%18.3%77.2%22.9%-0.4%19.7M-1.74B-4.6M0.8911.23N/AN/A176,792156,5041,348,9761,372,600
2021-01-14$22.92$20.0074.1%21.2%42.3%19.0%77.2%23.2%-0.3%16.0M-1.59B-4.6M1.079.00N/AN/A196,968210,4321,361,5441,398,440
2021-01-15$22.23$20.0075.3%21.4%43.1%19.6%79.2%27.3%-1.0%-4.1M-1.26B-4.6M1.049.66N/AN/A368,032384,4001,400,1761,450,496
2021-01-19$23.20$20.0069.9%20.0%45.5%16.6%76.0%23.3%1.3%12.9M-996.6M-4.5M1.339.76N/AN/A235,416312,256896,000852,944
2021-01-20$24.94$20.0066.4%19.0%50.8%13.5%72.3%19.9%1.6%24.2M-1.57B-4.7M0.968.24N/AN/A398,960383,336994,584973,768
2021-01-21$25.48$32.5066.8%19.0%51.1%13.8%68.9%19.8%2.2%-2.0M18.6M-1.3M0.6513.09N/AN/A194,540126,140104,968178,212
2021-01-22$25.36$20.6367.8%19.3%51.3%14.4%72.5%20.2%1.8%26.6M-1.61B-4.9M0.927.51N/AN/A203,084187,5081,052,4561,064,028
2021-01-25$25.62$20.8872.5%20.5%51.2%15.7%76.3%22.0%1.3%12.2M-1.33B-4.8M0.6714.24N/AN/A289,604194,596903,704838,672
2021-01-26$25.96$21.2574.6%20.8%51.1%16.9%79.6%20.2%0.8%15.7M-1.42B-4.9M0.918.47N/AN/A109,63699,336967,052900,836
2021-01-27$23.56$21.2593.6%28.7%62.5%27.9%93.5%32.9%-0.7%2.3M-809.1M-5.0M0.6122.15N/AN/A302,924185,356984,696926,444
2021-01-28$24.39$21.5084.3%24.1%63.6%22.6%85.5%28.2%0.7%5.3M-1.04B-5.2M0.6414.37N/AN/A192,224122,3681,067,336998,880
2021-01-29$22.80$21.5093.6%26.7%68.4%27.9%92.8%33.6%0.4%-5.0M-547.8M-5.1M0.6512.90N/AN/A449,448293,2361,088,7321,017,412