TQQQ Options History — February 2021

In February 2021, TQQQ traded between $22.10 and $27.36. ATM implied volatility averaged 71.2%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 6.1% (HV 20d: 65.2%). Max pain ranged from $19.38 to $21.88. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.86.

Notable Days

  • 2021-02-25: Highest Volume — 1,108,444 contracts
  • 2021-02-25: Largest IV spike — 23.3% change
  • 2021-02-25: Highest IV Rank — 21.4%
  • 2021-02-25: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.64$22.10$27.36$24.44$23.03
Max Pain$20.65$19.38$21.88$21.75$21.88
ATM IV71.2%60.8%94.5%81.6%83.4%
Expected Move20.6%18.1%28.7%22.6%24.5%
HV 20d65.2%57.2%72.7%72.7%64.5%
HV 60d52.0%49.0%59.2%59.2%56.1%
IV Rank12.6%8.5%21.4%21.0%14.3%
IV Percentile21.8%2.4%68.7%47.2%50.8%
Term Structure1.1%-4.5%3.2%0.1%1.5%
VWIV77.0%71.6%92.4%81.0%82.5%
Skew 25d24.0%15.3%30.9%30.9%26.2%
Skew 10d43.4%34.3%56.4%56.4%44.9%
Call IV 25d60.1%43.1%82.4%68.3%75.7%
Put IV 25d84.1%69.7%111.4%99.1%101.9%
Bid-Ask Spread %19.815.1338.835.6333.93
Gamma HHI0.080.030.340.050.05
Net GEX15.8M-3.6M54.6M9.3M1.3M
Net DEX-1.22B-1.72B-269.6M-1.07B-534.9M
Net VEX-5.0M-5.5M-4.8M-5.2M-5.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.391.200.830.81
Total Volume476,096.842205,3361,108,444475,352963,212
Total OI2,024,201.0531,761,9122,559,0201,880,2842,559,020

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$24.44$21.7581.6%22.6%72.7%21.0%81.0%30.9%0.1%9.3M-1.07B-5.2M0.835.63N/AN/A259,220216,132996,608883,676
2021-02-02$25.60$21.8872.1%19.0%72.4%15.5%72.9%25.5%1.3%22.2M-1.45B-5.2M0.685.95N/AN/A253,804171,3961,075,304927,512
2021-02-03$25.44$21.8869.6%18.1%72.4%14.0%71.6%22.7%2.1%25.0M-1.39B-5.1M1.205.13N/AN/A166,936200,6921,083,984954,372
2021-02-04$25.86$19.3865.6%20.0%70.8%11.7%76.8%20.3%1.5%32.3M-1.55B-5.0M0.867.44N/AN/A153,064132,0161,113,320994,724
2021-02-05$26.27$19.3862.6%19.2%67.2%10.0%76.0%15.3%2.7%54.6M-1.72B-4.9M0.8315.13N/AN/A257,096214,4961,128,6521,017,052
2021-02-08$26.66$20.0062.6%18.6%66.6%10.0%74.8%19.1%1.7%19.4M-1.47B-4.9M1.049.66N/AN/A136,508141,312975,300859,348
2021-02-09$26.98$20.0062.2%18.7%64.2%9.7%72.3%19.6%2.8%21.8M-1.57B-4.9M0.6812.20N/AN/A121,96083,3761,003,260913,132
2021-02-10$26.53$20.0066.3%19.8%64.7%12.2%75.3%21.8%2.5%16.8M-1.42B-4.9M0.9723.64N/AN/A171,428166,3241,021,772940,300
2021-02-11$26.94$20.0064.4%19.1%64.6%11.0%78.1%27.9%2.8%21.6M-1.55B-4.9M1.0129.13N/AN/A142,080143,6881,036,624984,036
2021-02-12$27.36$20.0060.8%18.1%64.2%8.5%75.1%20.2%3.2%40.5M-1.69B-4.8M1.0626.82N/AN/A186,208197,4561,042,1281,017,044
2021-02-16$27.32$20.0070.5%20.3%62.6%14.1%81.8%25.2%0.5%14.6M-1.46B-4.8M1.1325.07N/AN/A176,412199,576941,172880,836
2021-02-17$26.89$20.0068.8%19.7%62.1%12.3%72.9%24.9%1.2%11.7M-1.36B-4.8M0.6812.49N/AN/A226,384153,492986,708945,496
2021-02-18$26.68$20.6367.8%19.4%57.2%11.7%74.3%23.7%2.5%11.0M-1.29B-4.9M0.8120.12N/AN/A227,664185,3361,017,568986,180
2021-02-19$26.25$20.6367.6%19.3%57.2%9.5%72.3%24.2%1.1%-3.0M-1.17B-4.9M0.9429.54N/AN/A251,256235,6521,044,9121,033,372
2021-02-22$24.31$21.2577.1%22.0%63.7%10.8%78.4%27.4%0.3%-1.8M-694.1M-4.9M0.7913.52N/AN/A293,488231,376887,440874,472
2021-02-23$24.17$21.2579.3%22.1%63.5%11.7%81.7%27.7%-1.0%-2.1M-654.9M-5.1M0.5627.69N/AN/A512,456284,724985,776973,508
2021-02-24$24.42$21.2576.7%21.9%63.4%10.1%72.9%24.7%-1.3%9.0M-898.6M-5.5M0.3934.48N/AN/A346,584134,5921,127,8321,029,136
2021-02-25$22.10$21.2594.5%28.7%63.9%21.4%92.4%29.0%-4.5%-3.6M-269.6M-5.3M0.9738.83N/AN/A562,968545,4761,164,3721,053,872
2021-02-26$23.03$21.8883.4%24.5%64.5%14.3%82.5%26.2%1.5%1.3M-534.9M-5.5M0.8133.93N/AN/A531,008432,2041,273,7201,285,300