TQQQ Options History — June 2023

In June 2023, TQQQ traded between $17.44 and $20.90. ATM implied volatility averaged 53.0%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 2.4% (HV 20d: 50.6%). Max pain ranged from $13.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-06-15: Highest Volume — 773,288 contracts
  • 2023-06-12: Largest IV spike — 10.5% change
  • 2023-06-26: Highest IV Rank — 9.6%
  • 2023-06-01: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.28$17.44$20.90$17.95$20.58
Max Pain$16.88$13.00$18.00$13.00$18.00
ATM IV53.0%49.5%55.5%54.5%52.9%
Expected Move15.0%13.8%16.6%16.6%13.8%
HV 20d50.6%45.9%55.8%50.2%50.7%
HV 60d49.3%48.0%52.4%52.3%49.3%
IV Rank5.2%0.0%9.6%6.6%5.5%
IV Percentile6.0%0.0%12.3%4.8%7.1%
Term Structure-0.3%-19.3%4.0%0.1%-0.1%
VWIV54.3%50.3%59.2%59.2%50.3%
Skew 25d7.2%4.5%10.4%10.4%5.7%
Skew 10d16.2%9.9%34.4%19.3%11.7%
Call IV 25d50.6%47.0%54.1%50.9%51.0%
Put IV 25d57.8%53.0%61.4%61.3%56.6%
Bid-Ask Spread %3.732.109.982.422.19
Gamma HHI0.150.060.440.120.44
Net GEX21.7M2.4M50.2M21.2M50.2M
Net DEX-1.32B-2.13B-815.9M-1.36B-1.58B
Net VEX-5.1M-5.5M-4.7M-4.8M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.410.810.630.49
Total Volume486,984.571225,420773,288439,816768,002
Total OI2,583,064.8572,156,8662,973,5522,735,2222,475,734

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$17.95$13.0054.5%16.6%50.2%6.6%59.2%10.4%0.1%21.2M-1.36B-4.8M0.632.42N/AN/A269,418170,3981,682,3541,052,868
2023-06-02$18.42$13.0052.1%15.8%49.0%2.9%57.8%7.4%-0.3%39.1M-1.53B-4.9M0.622.30N/AN/A332,340205,3921,725,0281,083,252
2023-06-05$18.45$16.0052.0%15.2%45.9%2.7%55.0%7.8%-19.3%18.4M-1.33B-4.8M0.819.83N/AN/A222,620180,8621,602,782960,876
2023-06-06$18.43$16.0049.9%14.5%46.1%0.0%53.1%7.9%2.8%18.3M-1.29B-4.7M0.724.30N/AN/A131,01494,4061,660,9421,023,956
2023-06-07$17.44$16.5051.2%15.0%50.8%2.0%53.9%8.6%1.9%10.0M-933.0M-4.7M0.719.98N/AN/A199,650141,9501,692,6581,045,392
2023-06-08$18.10$16.5050.1%14.5%50.8%0.3%52.3%8.3%0.7%20.5M-1.22B-5.0M0.612.82N/AN/A143,58488,0001,761,4501,094,722
2023-06-09$18.34$16.5049.5%14.4%50.8%0.0%52.4%4.9%-5.1%26.2M-1.30B-5.0M0.445.83N/AN/A347,422154,4421,783,9581,121,462
2023-06-12$19.16$16.5054.7%15.5%51.0%8.0%56.2%8.3%-0.7%21.4M-1.45B-5.1M0.583.88N/AN/A309,284179,7601,649,542989,438
2023-06-13$19.61$17.0054.1%15.2%51.1%7.1%54.7%7.4%-0.7%26.7M-1.62B-5.2M0.603.14N/AN/A350,978209,6941,712,0961,044,028
2023-06-14$19.89$17.5052.3%15.0%51.1%4.2%55.2%6.5%-0.1%30.7M-1.73B-5.2M0.614.56N/AN/A380,900233,4921,751,6281,075,574
2023-06-15$20.90$17.0054.9%15.6%52.3%8.6%57.4%4.5%-0.7%33.4M-2.13B-5.4M0.633.21N/AN/A474,288299,0001,794,9401,113,202
2023-06-16$20.55$17.5054.0%15.4%51.9%7.2%55.9%5.1%-0.3%32.2M-1.96B-5.5M0.492.90N/AN/A454,898221,8961,813,4181,160,134
2023-06-20$20.38$17.5053.9%15.5%52.0%7.1%57.1%5.8%3.6%15.7M-1.24B-5.5M0.572.37N/AN/A288,428165,4001,420,134758,526
2023-06-21$19.50$18.0052.5%15.1%55.8%4.8%53.9%6.1%3.6%5.3M-919.5M-5.3M0.682.64N/AN/A272,580186,4621,436,732821,402
2023-06-22$20.00$18.0051.6%14.6%53.7%3.3%52.0%6.2%4.0%14.9M-1.14B-5.3M0.572.10N/AN/A267,030151,5081,485,752854,888
2023-06-23$19.55$18.0052.8%14.8%53.8%5.3%52.9%7.5%4.0%2.4M-973.5M-5.3M0.752.43N/AN/A334,428250,1621,510,866872,816
2023-06-26$18.84$18.0055.5%15.1%51.3%9.6%52.5%9.1%-0.2%7.9M-815.9M-5.2M0.662.30N/AN/A285,020186,7421,409,646747,220
2023-06-27$19.70$18.0054.7%14.7%47.9%8.3%52.6%8.1%-0.0%18.3M-1.11B-5.3M0.412.14N/AN/A303,798123,8581,483,406805,666
2023-06-28$19.65$18.0054.3%14.5%48.0%7.7%52.6%7.7%-0.1%21.3M-1.11B-5.2M0.544.83N/AN/A293,280159,1981,528,124830,918
2023-06-29$19.48$18.0054.5%14.5%47.8%8.1%52.8%7.5%-0.2%21.0M-1.04B-5.2M0.512.18N/AN/A262,412132,6801,553,264853,568
2023-06-30$20.58$18.0052.9%13.8%50.7%5.5%50.3%5.7%-0.1%50.2M-1.58B-5.4M0.492.19N/AN/A514,336253,6661,599,118876,616