TQQQ Options History — May 2021

In May 2021, TQQQ traded between $22.22 and $26.47. ATM implied volatility averaged 62.9%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 7.0% (HV 20d: 55.9%). Max pain ranged from $20.63 to $25.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.82.

Notable Days

  • 2021-05-07: Highest Volume — 696,416 contracts
  • 2021-05-12: Largest IV spike — 16.0% change
  • 2021-05-12: Highest IV Rank — 45.4%
  • 2021-05-12: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.52$22.22$26.47$26.47$25.75
Max Pain$21.71$20.63$25.00$25.00$21.88
ATM IV62.9%52.0%81.7%58.2%52.0%
Expected Move18.1%14.5%23.1%16.5%14.5%
HV 20d55.9%39.2%64.7%39.2%64.1%
HV 60d66.7%61.5%69.8%63.6%61.5%
IV Rank15.2%0.0%45.4%7.4%0.0%
IV Percentile14.0%0.0%63.9%2.4%0.0%
Term Structure1.1%-0.9%3.5%0.8%1.1%
VWIV64.7%54.7%77.6%60.6%54.7%
Skew 25d20.3%14.6%26.6%18.7%14.6%
Skew 10d36.1%26.9%53.4%31.5%26.9%
Call IV 25d53.9%45.5%69.1%49.7%45.5%
Put IV 25d74.2%60.1%95.6%68.4%60.1%
Bid-Ask Spread %16.852.6032.407.412.60
Gamma HHI0.050.030.110.030.11
Net GEX5.5M-17.8M48.6M6.0M48.6M
Net DEX-709.0M-1.24B59.8M-1.02B-1.24B
Net VEX-5.3M-5.5M-5.0M-5.2M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.571.200.940.84
Total Volume434,168.2218,652696,416354,612445,780
Total OI2,297,186.82,006,3242,562,8002,006,3242,328,128

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$26.47$25.0058.2%16.5%39.2%7.4%60.6%18.7%0.8%6.0M-1.02B-5.2M0.947.41N/AN/A182,404172,208953,1001,053,224
2021-05-04$24.63$25.0064.6%19.1%47.2%17.7%69.9%19.4%0.2%-15.1M-477.1M-5.2M0.8315.48N/AN/A323,228267,7001,009,0321,124,748
2021-05-05$24.89$25.0062.9%18.4%47.2%15.1%67.6%22.1%0.7%-10.8M-570.9M-5.4M0.7112.36N/AN/A188,756133,6561,076,7521,201,044
2021-05-06$25.00$20.6358.5%18.3%46.1%7.9%66.9%22.4%3.5%-12.7M-598.1M-5.4M0.9932.32N/AN/A208,072206,3841,099,3081,231,892
2021-05-07$26.02$20.6355.7%16.7%48.1%3.3%56.3%17.7%1.5%14.4M-1.07B-5.3M0.7432.40N/AN/A400,884295,5321,138,4601,284,548
2021-05-10$24.23$20.6364.1%18.7%54.1%17.0%64.5%21.4%0.9%-8.8M-487.3M-5.3M0.8331.25N/AN/A254,708211,8681,025,2601,108,508
2021-05-11$23.86$20.6370.4%20.3%52.3%27.2%67.6%24.1%1.0%-14.1M-343.6M-5.4M1.1229.87N/AN/A287,064320,9361,093,3761,206,316
2021-05-12$22.22$20.7581.7%23.1%55.8%45.4%77.6%26.6%-0.2%-17.8M59.8M-5.4M0.5718.42N/AN/A334,808190,4641,159,6321,215,236
2021-05-13$22.87$21.1372.4%20.6%53.5%30.4%70.9%24.5%-0.9%-15.7M-161.9M-5.4M0.6217.91N/AN/A282,324176,1201,252,3321,260,628
2021-05-14$24.06$21.1363.3%18.4%57.6%15.6%64.0%20.8%1.1%5.7M-670.4M-5.5M0.7629.46N/AN/A302,892230,2441,287,5921,275,208
2021-05-17$23.48$21.1367.1%19.3%57.2%21.7%67.3%20.8%-0.1%-4.1M-485.3M-5.3M0.8531.12N/AN/A163,252139,3481,098,8081,091,460
2021-05-18$23.46$21.2566.2%19.0%57.1%20.4%70.4%19.9%0.4%-2.6M-511.6M-5.3M0.968.69N/AN/A129,976124,5121,148,0361,152,600
2021-05-19$22.88$21.2570.4%20.2%56.5%27.1%71.3%21.8%2.0%-8.7M-328.0M-5.2M0.7217.73N/AN/A240,920173,7641,171,7961,176,592
2021-05-20$24.62$21.2563.3%18.1%62.9%15.6%63.8%19.3%0.8%18.2M-999.5M-5.4M0.719.42N/AN/A341,496243,0681,221,6081,224,788
2021-05-21$24.11$21.2562.8%17.9%61.1%14.8%64.0%19.9%0.5%17.6M-795.5M-5.3M0.6720.53N/AN/A357,368238,9321,301,1921,238,688
2021-05-24$25.46$21.2556.2%15.9%64.6%4.2%59.4%18.4%2.3%19.0M-1.10B-5.2M0.738.99N/AN/A226,616165,2641,061,8961,012,744
2021-05-25$25.39$21.2558.8%16.5%64.5%8.3%62.2%18.3%1.7%24.6M-1.09B-5.2M1.203.20N/AN/A121,432145,1201,118,1201,037,336
2021-05-26$25.62$21.2555.9%15.8%64.7%3.7%58.0%17.6%3.1%31.2M-1.18B-5.2M0.822.98N/AN/A120,14098,5121,147,7041,081,704
2021-05-27$25.44$21.8854.4%15.2%64.5%1.2%56.3%17.0%0.8%34.3M-1.11B-5.1M0.854.87N/AN/A128,516109,0961,173,9081,100,432
2021-05-28$25.75$21.8852.0%14.5%64.1%0.0%54.7%14.6%1.1%48.6M-1.24B-5.0M0.842.60N/AN/A242,364203,4161,190,9721,137,156