TQQQ Options History — March 2022

In March 2022, TQQQ traded between $19.98 and $31.39. ATM implied volatility averaged 84.6%, placing in the 66.9% IV rank vs the trailing year. The 30-day expected move averaged 25.1%. IV traded below realized volatility by 13.1% (HV 20d: 97.8%). Max pain ranged from $24.00 to $30.25. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.66.

Notable Days

  • 2022-03-18: Highest Volume — 810,338 contracts
  • 2022-03-16: Largest IV drop — 15.1% change
  • 2022-03-07: Highest IV Rank — 100.0%
  • 2022-03-07: Largest Expected Move — 35.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.44$19.98$31.39$24.66$29.60
Max Pain$27.91$24.00$30.25$30.00$27.50
ATM IV84.6%65.8%107.3%99.4%70.5%
Expected Move25.1%19.0%35.0%30.7%20.5%
HV 20d97.8%89.8%104.8%93.8%93.7%
HV 60d85.3%78.6%90.6%80.3%90.4%
IV Rank66.9%37.0%100.0%95.9%44.1%
IV Percentile88.1%69.8%100.0%99.2%77.8%
Term Structure-0.8%-17.4%7.4%-2.6%1.3%
VWIV86.5%69.3%112.2%94.9%73.4%
Skew 25d24.9%17.7%33.4%27.6%18.7%
Skew 10d43.3%31.8%55.8%51.0%33.5%
Call IV 25d71.3%58.2%88.6%81.1%61.6%
Put IV 25d96.2%75.9%117.1%108.6%80.3%
Bid-Ask Spread %6.502.0426.896.267.86
Gamma HHI0.050.030.090.030.04
Net GEX10.5M-6.1M26.0M5.3M19.0M
Net DEX-210.4M-1.26B501.4M135.0M-771.6M
Net VEX-6.3M-7.8M-4.7M-6.0M-7.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.411.021.020.79
Total Volume482,831.739288,060810,338352,176288,060
Total OI2,015,947.6521,686,7362,290,7381,961,1441,983,702

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$24.66$30.0099.4%30.7%93.8%95.9%94.9%27.6%-2.6%5.3M135.0M-6.0M1.026.26N/AN/A174,548177,6281,161,720799,424
2022-03-02$26.43$30.0086.2%25.9%97.2%74.0%90.2%29.5%-0.8%12.8M-89.5M-6.5M0.762.79N/AN/A222,636169,6501,189,178840,948
2022-03-03$24.77$30.0092.5%27.7%98.2%84.4%97.6%29.2%7.4%2.0M201.4M-6.0M0.863.46N/AN/A212,518182,6421,229,434867,194
2022-03-04$23.79$30.0098.7%29.8%89.8%94.7%99.5%33.4%2.7%-6.1M387.1M-5.7M0.713.64N/AN/A325,178229,3421,252,618904,790
2022-03-07$21.64$30.00106.5%35.0%92.7%100.0%111.4%24.1%-1.0%-3.1M487.5M-5.1M0.603.64N/AN/A312,976188,3041,073,966816,008
2022-03-08$21.25$30.00107.3%33.9%92.5%100.0%112.2%33.2%-2.4%-2.8M501.4M-5.1M0.475.03N/AN/A414,742196,1121,160,940857,736
2022-03-09$23.48$29.2595.8%30.2%100.2%82.5%101.5%30.4%-2.4%6.7M171.2M-5.8M0.533.71N/AN/A298,262156,9001,237,986865,394
2022-03-10$22.50$28.0095.9%30.1%97.1%82.6%102.9%27.7%-2.1%1.5M325.3M-5.5M0.784.33N/AN/A235,886184,6601,274,608892,268
2022-03-11$21.36$26.5096.7%31.7%95.7%83.9%105.0%25.1%-2.7%-4.4M481.4M-5.1M0.492.04N/AN/A411,440201,7121,305,320904,576
2022-03-14$19.98$30.25103.6%27.0%93.6%94.3%85.1%26.0%-2.1%-2.1M490.3M-4.7M0.4617.54N/AN/A334,188152,9381,154,288809,396
2022-03-15$21.72$30.0096.7%25.6%99.8%84.0%81.9%26.5%-2.9%7.4M175.3M-5.3M0.4119.22N/AN/A290,804119,6421,288,030823,570
2022-03-16$23.73$30.0082.1%23.3%102.4%61.8%77.2%24.8%-17.4%15.2M-194.5M-5.8M0.6426.89N/AN/A393,224252,7721,348,812841,660
2022-03-17$24.98$0.0076.0%21.9%104.4%52.5%87.2%23.9%-1.6%19.3M-437.1M-6.2M0.595.73N/AN/A358,224210,9501,378,954882,422
2022-03-18$26.57$24.0071.7%20.9%103.0%46.1%82.6%20.5%-0.4%21.8M-728.5M-6.6M0.562.88N/AN/A520,922289,4161,368,100922,638
2022-03-21$26.00$24.5076.1%21.6%102.4%52.6%76.6%23.4%0.7%8.3M-270.7M-6.6M0.654.32N/AN/A275,068177,520933,302753,434
2022-03-22$28.01$24.5070.8%20.6%104.8%44.6%76.4%21.4%0.4%17.5M-719.5M-7.2M0.743.47N/AN/A275,470203,3761,013,432810,614
2022-03-23$27.19$25.0073.6%21.5%100.5%48.9%76.3%22.2%2.4%16.5M-500.7M-7.1M0.734.75N/AN/A213,208155,3101,046,730859,340
2022-03-24$28.29$26.0072.0%20.5%97.6%46.5%75.4%20.5%-0.3%22.6M-783.7M-7.3M0.703.18N/AN/A236,294164,5181,073,658892,614
2022-03-25$28.10$26.5071.1%20.7%96.5%45.2%70.6%21.8%2.4%19.5M-739.5M-7.2M0.564.34N/AN/A393,980219,9521,101,280929,048
2022-03-28$29.61$27.0068.9%20.1%97.9%41.8%71.2%23.8%1.5%13.8M-764.3M-7.5M0.693.62N/AN/A241,046165,804939,094802,794
2022-03-29$31.39$27.5065.8%19.0%97.7%37.0%69.3%17.7%0.0%23.8M-1.26B-7.8M0.782.48N/AN/A268,352209,7461,017,432831,302
2022-03-30$30.15$27.5068.6%20.1%96.9%41.3%70.9%20.1%1.2%26.0M-938.4M-7.7M0.758.27N/AN/A227,970171,2401,063,012864,030
2022-03-31$29.60$27.5070.5%20.5%93.7%44.1%73.4%18.7%1.3%19.0M-771.6M-7.6M0.797.86N/AN/A160,900127,1601,080,184903,518