TQQQ Options History — March 2021

In March 2021, TQQQ traded between $19.48 and $24.19. ATM implied volatility averaged 77.4%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 22.2%. IV traded below realized volatility by 4.4% (HV 20d: 81.7%). Max pain ranged from $21.25 to $22.50. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.67.

Notable Days

  • 2021-03-05: Highest Volume — 1,077,208 contracts
  • 2021-03-18: Largest IV spike — 15.0% change
  • 2021-03-04: Highest IV Rank — 21.1%
  • 2021-03-04: Largest Expected Move — 26.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.03$19.48$24.19$24.19$22.93
Max Pain$22.31$21.25$22.50$21.88$22.50
ATM IV77.4%61.1%94.0%72.3%61.1%
Expected Move22.2%18.0%26.1%20.5%18.0%
HV 20d81.7%58.3%93.8%62.2%78.6%
HV 60d66.8%56.4%71.2%56.4%71.2%
IV Rank11.8%0.4%21.1%7.3%0.4%
IV Percentile36.3%0.4%69.0%23.0%0.4%
Term Structure-0.1%-5.8%4.0%-0.2%-0.2%
VWIV77.3%65.0%87.2%71.6%65.0%
Skew 25d23.1%16.3%33.9%24.8%16.7%
Skew 10d39.4%25.5%58.8%48.0%28.6%
Call IV 25d66.7%58.0%76.9%61.9%58.0%
Put IV 25d89.8%74.7%110.8%86.7%74.7%
Bid-Ask Spread %11.693.4231.7210.046.83
Gamma HHI0.050.030.110.050.04
Net GEX10.4M-9.2M29.2M11.4M25.4M
Net DEX-667.4M-1.19B883.8K-968.6M-973.1M
Net VEX-5.4M-5.8M-4.9M-5.5M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.401.100.620.71
Total Volume577,374.783239,2601,077,208482,056515,136
Total OI2,347,586.4351,957,6842,803,5002,049,6962,136,480

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$24.19$21.8872.3%20.5%62.2%7.3%71.6%24.8%-0.2%11.4M-968.6M-5.5M0.6210.04N/AN/A297,440184,6161,084,668965,028
2021-03-02$23.39$21.8877.1%22.2%58.3%10.4%77.1%26.2%0.9%10.8M-780.1M-5.4M0.6117.59N/AN/A228,344139,7681,162,088980,460
2021-03-03$21.43$21.8886.3%25.8%62.7%16.2%84.4%28.5%1.3%-2.1M-277.4M-5.0M0.5519.76N/AN/A464,368256,9041,203,7041,017,328
2021-03-04$19.95$22.5094.0%26.1%66.5%21.1%87.2%33.9%-1.6%-5.2M883.8K-4.9M0.6419.78N/AN/A655,680421,4961,292,3361,064,072
2021-03-05$21.07$22.5085.1%23.4%70.0%15.4%82.3%29.1%-4.7%5.0M-247.0M-5.2M0.6914.76N/AN/A638,848438,3601,421,9201,140,720
2021-03-08$19.48$22.5093.2%25.0%73.3%20.6%86.6%26.4%-5.8%-574.4K-138.7M-4.9M0.7511.81N/AN/A375,832281,3801,228,7761,075,244
2021-03-09$21.52$22.5083.4%23.9%83.3%14.3%79.7%28.7%-0.2%11.0M-645.7M-5.5M0.404.73N/AN/A471,136190,2481,323,5201,148,572
2021-03-10$21.37$22.5084.0%23.8%82.9%14.7%75.8%33.1%-1.5%11.6M-594.8M-5.5M0.808.15N/AN/A347,192279,0361,381,4201,187,148
2021-03-11$22.78$21.2577.6%22.5%87.1%10.7%76.3%23.2%0.8%28.7M-1.09B-5.8M0.563.42N/AN/A366,512203,4561,423,6841,294,728
2021-03-12$22.11$22.5080.3%22.7%87.0%12.4%78.6%24.0%-2.0%18.3M-766.9M-5.6M0.593.65N/AN/A404,848240,7281,464,2881,327,392
2021-03-15$22.64$21.2576.2%21.9%87.3%9.8%76.8%22.0%-0.5%14.8M-893.9M-5.6M0.785.78N/AN/A195,924153,4401,299,3441,096,300
2021-03-16$23.33$22.5074.0%21.2%88.4%8.4%76.3%22.0%1.6%24.0M-1.16B-5.7M0.497.41N/AN/A379,136186,4961,361,7521,141,980
2021-03-17$23.43$22.5073.6%21.1%88.5%8.1%77.7%24.2%4.0%29.2M-1.19B-5.7M0.6631.72N/AN/A293,204192,5601,410,3161,167,600
2021-03-18$21.40$22.5084.7%24.3%93.3%15.1%83.4%21.9%-0.5%4.7M-517.9M-5.4M0.5010.91N/AN/A467,768233,5121,424,9721,208,444
2021-03-19$21.73$22.5077.8%22.5%93.8%14.3%79.5%18.3%-1.4%9.2M-620.4M-5.5M0.5610.14N/AN/A480,172270,4761,535,6201,267,880
2021-03-22$22.84$22.5070.6%20.3%92.5%9.1%72.7%17.0%1.0%14.7M-899.2M-5.5M0.574.70N/AN/A282,460160,7401,103,084869,992
2021-03-23$22.44$22.5073.0%21.2%92.6%11.5%74.0%18.4%0.6%18.2M-820.5M-5.5M0.847.90N/AN/A180,684152,3681,185,876897,476
2021-03-24$21.58$22.5075.5%22.1%93.3%14.1%77.6%19.1%2.4%8.5M-560.7M-5.3M0.806.47N/AN/A248,344198,8841,210,160907,232
2021-03-25$21.37$22.5073.6%21.6%86.5%12.3%76.2%17.4%1.1%-3.8M-397.9M-5.2M0.5813.40N/AN/A373,188214,6881,227,6281,006,900
2021-03-26$21.71$22.5068.3%19.9%85.3%7.6%71.1%16.3%-0.5%-9.2M-529.7M-5.2M0.7017.47N/AN/A360,924254,0081,266,8401,035,428
2021-03-29$22.09$22.5068.2%20.8%83.4%7.5%73.9%20.2%3.5%8.4M-680.2M-5.2M1.1019.12N/AN/A171,260188,7961,083,368874,316
2021-03-30$21.82$22.5069.4%20.1%82.8%9.9%73.2%19.7%-0.4%5.7M-596.9M-5.2M0.8013.37N/AN/A132,900106,3601,135,240953,164
2021-03-31$22.93$22.5061.1%18.0%78.6%0.4%65.0%16.7%-0.2%25.4M-973.1M-5.3M0.716.83N/AN/A301,368213,7681,159,116977,364