TQQQ Options History — April 2021

In April 2021, TQQQ traded between $23.89 and $27.91. ATM implied volatility averaged 59.6%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 6.0% (HV 20d: 53.6%). Max pain ranged from $21.50 to $25.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.82.

Notable Days

2021-04-01: Highest Volume — 608,656 contracts
2021-04-19: Largest IV spike — 15.0% change
2021-04-22: Highest IV Rank — 16.7%
2021-04-22: Largest Expected Move — 18.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.73	$23.89	$27.91	$23.89	$26.73
Max Pain	$24.00	$21.50	$25.00	$22.50	$25.00
ATM IV	59.6%	53.6%	63.9%	59.5%	58.5%
Expected Move	17.1%	15.8%	18.4%	16.2%	16.7%
HV 20d	53.6%	44.1%	75.0%	74.3%	44.3%
HV 60d	68.9%	63.4%	72.2%	71.6%	63.7%
IV Rank	5.0%	0.0%	16.7%	0.0%	7.8%
IV Percentile	1.9%	0.0%	8.3%	0.0%	2.8%
Term Structure	0.5%	-1.2%	2.7%	0.8%	-0.1%
VWIV	63.5%	55.4%	71.8%	58.9%	62.1%
Skew 25d	16.6%	13.1%	21.3%	14.5%	19.2%
Skew 10d	30.0%	25.9%	37.4%	25.9%	33.0%
Call IV 25d	52.2%	47.3%	56.4%	53.9%	49.9%
Put IV 25d	68.8%	61.9%	74.4%	68.3%	69.2%
Bid-Ask Spread %	9.24	2.64	17.57	2.64	6.90
Gamma HHI	0.09	0.03	0.30	0.17	0.05
Net GEX	25.3M	-400.7K	62.3M	48.9M	2.0M
Net DEX	-1.45B	-1.87B	-1.02B	-1.34B	-1.06B
Net VEX	-5.4M	-5.6M	-5.3M	-5.3M	-5.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.64	1.20	0.68	0.74
Total Volume	392,338.857	221,744	608,656	608,656	573,592
Total OI	2,151,752.381	1,875,944	2,362,240	2,227,440	2,362,240

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-04-01	$23.89	$22.50	59.5%	16.2%	74.3%	0.0%	58.9%	14.5%	0.8%	48.9M	-1.34B	-5.3M	0.68	2.64	N/A	N/A	362,092	246,564	1,220,728	1,006,712
2021-04-05	$25.41	$21.50	62.8%	17.7%	75.0%	4.7%	71.8%	14.2%	-1.2%	25.8M	-1.48B	-5.4M	1.20	7.21	N/A	N/A	154,720	185,684	1,103,520	829,284
2021-04-06	$25.34	$21.75	62.7%	17.9%	67.6%	4.8%	66.4%	14.3%	-1.1%	24.6M	-1.42B	-5.6M	0.90	5.50	N/A	N/A	169,768	152,956	1,149,332	953,816
2021-04-07	$25.57	$22.25	60.7%	17.5%	59.4%	1.9%	62.8%	13.1%	0.2%	26.2M	-1.48B	-5.4M	0.66	9.14	N/A	N/A	167,284	110,228	1,170,924	989,868
2021-04-08	$26.27	$22.25	60.5%	17.4%	59.5%	1.5%	64.3%	14.0%	-0.0%	33.9M	-1.74B	-5.5M	0.76	4.00	N/A	N/A	213,048	162,744	1,193,112	1,023,204
2021-04-09	$26.68	$22.50	60.0%	17.6%	56.1%	0.8%	65.2%	13.7%	-0.2%	33.3M	-1.87B	-5.4M	0.80	4.28	N/A	N/A	285,040	229,240	1,208,720	1,059,964
2021-04-12	$26.75	$23.50	60.1%	17.6%	54.3%	1.0%	64.9%	14.5%	1.5%	21.3M	-1.53B	-5.3M	0.98	7.26	N/A	N/A	142,812	139,644	1,086,876	939,164
2021-04-13	$27.66	$24.00	60.2%	17.3%	54.8%	1.1%	62.8%	14.5%	0.3%	29.9M	-1.79B	-5.4M	0.64	6.86	N/A	N/A	222,188	142,200	1,119,860	992,364
2021-04-14	$26.55	$24.00	60.9%	17.8%	57.1%	2.2%	66.5%	14.4%	1.3%	18.9M	-1.39B	-5.4M	0.91	12.17	N/A	N/A	253,876	230,100	1,131,376	1,020,172
2021-04-15	$27.88	$24.75	55.9%	16.4%	59.0%	0.0%	60.7%	14.0%	2.1%	46.9M	-1.87B	-5.4M	0.82	11.09	N/A	N/A	207,324	169,588	1,183,816	1,088,956
2021-04-16	$27.91	$25.00	53.6%	15.8%	46.1%	0.0%	55.4%	14.3%	2.0%	47.4M	-1.83B	-5.3M	0.76	10.59	N/A	N/A	271,460	205,728	1,182,292	1,124,944
2021-04-19	$27.01	$25.00	61.7%	17.7%	48.9%	11.2%	66.7%	19.3%	0.4%	7.6M	-1.22B	-5.4M	1.12	10.00	N/A	N/A	183,260	205,092	926,848	949,096
2021-04-20	$26.63	$25.00	63.4%	18.1%	47.4%	13.6%	63.9%	21.3%	1.1%	748.0K	-1.08B	-5.6M	0.72	11.47	N/A	N/A	196,196	142,024	978,824	1,056,424
2021-04-21	$27.20	$25.00	59.0%	16.9%	46.7%	7.5%	63.6%	18.6%	0.8%	18.0M	-1.32B	-5.5M	0.85	12.70	N/A	N/A	134,740	114,104	1,034,204	1,081,160
2021-04-22	$26.37	$25.00	63.9%	18.4%	45.6%	16.7%	66.5%	20.4%	0.0%	-400.7K	-1.02B	-5.4M	0.65	17.57	N/A	N/A	286,224	187,224	1,056,368	1,105,484
2021-04-23	$27.41	$25.00	56.6%	16.0%	46.0%	4.8%	60.2%	19.7%	2.7%	62.3M	-1.47B	-5.4M	0.76	13.82	N/A	N/A	291,376	221,396	1,109,304	1,137,688
2021-04-26	$27.77	$25.00	58.2%	16.4%	46.0%	7.4%	64.6%	18.3%	0.3%	16.5M	-1.43B	-5.3M	0.78	11.23	N/A	N/A	188,748	146,616	976,140	1,026,196
2021-04-27	$27.52	$25.00	57.7%	16.3%	46.6%	6.5%	64.2%	18.0%	-0.4%	18.6M	-1.37B	-5.4M	0.94	5.84	N/A	N/A	114,024	107,720	1,035,596	1,093,892
2021-04-28	$27.26	$25.00	57.6%	16.1%	46.4%	6.4%	62.3%	18.7%	-0.2%	19.6M	-1.30B	-5.4M	0.84	10.80	N/A	N/A	134,912	112,824	1,073,280	1,136,172
2021-04-29	$27.48	$25.00	57.1%	16.0%	44.1%	5.7%	59.2%	18.9%	0.5%	28.4M	-1.38B	-5.3M	0.81	12.93	N/A	N/A	262,860	211,896	1,100,208	1,168,672
2021-04-30	$26.73	$25.00	58.5%	16.7%	44.3%	7.8%	62.1%	19.2%	-0.1%	2.0M	-1.06B	-5.3M	0.74	6.90	N/A	N/A	330,132	243,460	1,131,016	1,231,224