TQQQ Options History — April 2023

In April 2023, TQQQ traded between $12.66 and $14.04. ATM implied volatility averaged 62.8%, placing in the 3.6% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 13.9% (HV 20d: 48.9%). Max pain ranged from $12.25 to $13.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.58.

Notable Days

  • 2023-04-14: Highest Volume — 834,728 contracts
  • 2023-04-25: Largest IV spike — 10.0% change
  • 2023-04-25: Highest IV Rank — 12.3%
  • 2023-04-10: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.54$12.66$14.04$14.01$14.04
Max Pain$12.86$12.25$13.00$12.25$13.00
ATM IV62.8%55.0%68.4%65.4%55.0%
Expected Move17.8%16.0%19.3%17.5%16.0%
HV 20d48.9%41.4%60.8%60.8%47.6%
HV 60d62.6%58.6%65.2%65.2%58.6%
IV Rank3.6%0.0%12.3%2.9%0.0%
IV Percentile1.8%0.0%5.6%1.6%0.0%
Term Structure-0.6%-2.3%0.7%-0.1%-0.1%
VWIV62.9%57.1%69.2%64.9%57.1%
Skew 25d15.4%13.3%19.2%14.9%13.9%
Skew 10d28.8%25.7%34.5%28.0%26.1%
Call IV 25d55.5%48.8%60.7%59.0%48.8%
Put IV 25d70.9%62.7%76.0%73.8%62.7%
Bid-Ask Spread %3.172.234.103.122.23
Gamma HHI0.110.050.380.070.38
Net GEX17.0M5.5M37.1M16.3M37.1M
Net DEX-667.3M-869.8M-295.6M-869.8M-840.0M
Net VEX-4.2M-4.6M-3.8M-4.6M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.390.830.830.75
Total Volume546,007.053313,766834,728558,316687,968
Total OI2,754,122.2112,480,5702,964,5502,607,7462,817,984

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$14.01$12.2565.4%17.5%60.8%2.9%64.9%14.9%-0.1%16.3M-869.8M-4.6M0.833.12N/AN/A304,340253,9761,746,770860,976
2023-04-04$13.74$12.2566.8%17.9%59.1%5.5%65.2%15.1%0.0%14.1M-780.1M-4.5M0.672.62N/AN/A272,206181,2621,793,086907,478
2023-04-05$13.44$12.5066.8%17.8%60.2%5.6%61.9%15.5%0.3%8.4M-653.3M-4.4M0.712.84N/AN/A342,530241,7181,832,418953,260
2023-04-06$13.73$13.0065.4%19.0%55.0%2.9%67.8%14.2%0.3%17.9M-821.0M-4.5M0.563.39N/AN/A523,390293,9581,911,356981,012
2023-04-10$13.62$13.0068.4%19.3%50.6%8.4%66.9%15.4%-1.0%13.8M-702.0M-4.4M0.653.78N/AN/A290,590188,9161,760,560879,072
2023-04-11$13.44$13.0067.1%18.9%49.8%6.1%69.2%15.0%-0.6%14.3M-659.4M-4.3M0.683.49N/AN/A186,422127,3441,811,126917,654
2023-04-12$13.12$13.0068.0%19.2%50.6%7.7%67.5%15.7%-1.2%11.0M-515.8M-4.1M0.403.55N/AN/A419,610166,9941,847,330943,992
2023-04-13$13.86$12.5064.3%17.9%53.1%0.8%65.5%14.5%-2.3%26.0M-863.0M-4.3M0.593.32N/AN/A339,656199,7101,894,522967,014
2023-04-14$13.74$13.0061.5%17.8%44.9%0.0%61.5%13.3%0.7%31.9M-794.6M-4.2M0.594.10N/AN/A524,640310,0881,911,9441,001,366
2023-04-17$13.69$13.0060.6%17.4%44.4%0.0%61.6%13.4%-1.2%15.7M-695.1M-4.2M0.633.50N/AN/A285,174179,1321,766,482856,652
2023-04-18$13.74$13.0060.0%17.2%44.4%0.0%59.9%13.9%-1.3%17.3M-725.3M-4.2M0.583.85N/AN/A271,096156,3281,830,138918,476
2023-04-19$13.74$13.0059.2%17.0%41.4%0.0%60.7%14.2%-1.6%19.5M-728.7M-4.2M0.483.30N/AN/A239,652115,9921,876,222939,598
2023-04-20$13.31$13.0059.4%17.0%42.5%0.4%60.7%16.5%0.6%13.6M-547.7M-4.1M0.563.53N/AN/A347,734195,1061,910,288969,832
2023-04-21$13.38$13.0057.7%16.5%42.5%0.0%58.1%15.6%-0.1%16.9M-570.2M-4.0M0.393.40N/AN/A478,310184,3081,964,2341,000,316
2023-04-24$13.34$13.0059.2%17.1%42.5%2.5%58.2%16.5%-0.6%12.5M-505.2M-4.0M0.552.76N/AN/A277,350151,7841,690,204790,366
2023-04-25$12.66$13.0065.1%19.0%46.4%12.3%65.2%19.0%-1.6%5.5M-295.6M-3.8M0.542.86N/AN/A342,150183,9041,756,282849,638
2023-04-26$12.81$13.0064.7%18.8%45.3%11.7%62.6%19.2%-1.5%7.4M-341.9M-3.9M0.422.26N/AN/A306,416127,2581,814,116904,366
2023-04-27$13.86$12.7558.4%17.1%48.0%1.1%60.4%16.5%-0.6%24.2M-769.0M-4.2M0.532.29N/AN/A442,692234,4301,824,786927,406
2023-04-28$14.04$13.0055.0%16.0%47.6%0.0%57.1%13.9%-0.1%37.1M-840.0M-4.2M0.752.23N/AN/A394,088293,8801,848,398969,586