TQQQ Options History — August 2023

In August 2023, TQQQ traded between $18.25 and $22.51. ATM implied volatility averaged 56.9%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 6.1% (HV 20d: 50.9%). Max pain ranged from $15.50 to $21.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-08-25: Highest Volume — 816,550 contracts
  • 2023-08-02: Largest IV spike — 12.5% change
  • 2023-08-17: Highest IV Rank — 21.1%
  • 2023-08-17: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.98$18.25$22.51$22.51$21.40
Max Pain$16.61$15.50$21.00$21.00$17.50
ATM IV56.9%48.3%62.7%52.4%49.9%
Expected Move16.2%13.7%18.0%14.7%13.7%
HV 20d50.9%43.9%58.2%47.7%53.4%
HV 60d50.4%48.3%52.0%48.9%52.0%
IV Rank12.1%0.0%21.1%4.7%2.5%
IV Percentile22.6%0.0%33.7%7.5%0.8%
Term Structure-0.3%-5.4%2.3%-0.9%0.4%
VWIV55.9%49.1%59.7%51.8%49.1%
Skew 25d12.5%8.2%15.0%8.2%10.2%
Skew 10d24.4%17.3%27.7%17.3%21.4%
Call IV 25d51.0%44.4%55.2%49.2%45.7%
Put IV 25d63.6%55.9%68.8%57.4%55.9%
Bid-Ask Spread %2.091.406.072.391.66
Gamma HHI0.060.040.160.050.08
Net GEX15.3M-4.7M50.7M21.4M50.7M
Net DEX-989.5M-1.87B-430.2M-1.45B-1.87B
Net VEX-5.3M-5.7M-4.8M-5.7M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.501.080.900.67
Total Volume517,764.348221,966816,550221,966529,568
Total OI2,669,260.9572,425,0402,953,9922,425,0402,953,992

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$22.51$21.0052.4%14.7%47.7%4.7%51.8%8.2%-0.9%21.4M-1.45B-5.7M0.902.39N/AN/A116,546105,4201,571,576853,464
2023-08-02$20.99$21.0059.0%16.7%54.5%15.2%58.0%9.0%-1.7%2.4M-932.5M-5.4M0.593.49N/AN/A410,378242,0841,599,466900,344
2023-08-03$20.89$15.5058.7%16.6%53.5%14.7%58.4%12.3%-1.4%4.0M-958.0M-5.7M0.602.56N/AN/A251,450151,4181,725,180942,098
2023-08-04$20.55$16.0058.6%16.7%53.8%14.5%56.6%12.8%-1.1%-4.7M-812.7M-5.6M0.642.32N/AN/A414,500263,1921,774,920971,176
2023-08-07$20.96$15.5055.8%16.1%54.0%10.1%57.1%12.9%0.6%12.4M-1.10B-5.7M0.522.01N/AN/A229,594119,2461,619,654850,082
2023-08-08$20.57$15.5056.9%16.4%54.3%11.9%57.6%13.6%0.3%12.1M-983.1M-5.5M0.532.62N/AN/A276,952147,5701,691,178875,800
2023-08-09$20.00$16.0057.8%16.7%52.9%13.4%56.6%13.2%0.7%6.5M-814.4M-5.4M0.552.08N/AN/A288,718158,7481,733,550916,226
2023-08-10$19.86$16.0057.4%16.3%48.8%12.6%54.2%13.7%-0.5%4.8M-766.9M-5.4M0.512.17N/AN/A444,570227,6961,774,068925,786
2023-08-11$19.55$16.0056.0%16.1%48.9%10.4%55.6%12.7%0.4%-3.7M-671.1M-5.2M0.652.13N/AN/A370,176240,2761,845,416931,196
2023-08-14$20.13$16.0054.9%15.7%48.7%8.7%55.9%12.9%1.4%14.9M-985.3M-5.2M0.651.60N/AN/A239,470154,9821,651,234821,442
2023-08-15$19.48$16.0058.0%16.6%47.8%13.6%57.8%12.8%1.1%10.4M-790.1M-5.2M1.081.63N/AN/A174,852188,5481,727,742863,510
2023-08-16$19.05$16.0058.9%16.9%48.1%15.0%57.0%12.6%0.9%4.4M-650.8M-5.0M0.521.77N/AN/A327,458170,7661,760,538895,174
2023-08-17$18.25$16.0062.7%18.0%43.9%21.1%59.2%13.7%-0.1%-2.7M-430.2M-4.8M0.601.68N/AN/A374,650222,9861,831,038909,830
2023-08-18$18.34$16.0059.8%16.9%44.1%16.6%59.6%12.7%2.3%1.8M-512.5M-4.8M0.501.64N/AN/A491,970246,1721,887,066920,038
2023-08-21$19.14$16.0059.0%16.6%47.5%15.2%57.1%15.0%-0.4%18.0M-915.2M-5.1M0.501.51N/AN/A313,508156,8761,698,858803,202
2023-08-22$18.90$16.0060.6%17.0%46.0%17.7%59.7%14.1%-0.7%20.9M-868.5M-5.1M0.601.40N/AN/A207,274123,3821,794,452840,538
2023-08-23$19.98$16.0058.2%16.4%51.0%14.0%54.3%13.7%-0.2%32.6M-1.30B-5.4M0.601.44N/AN/A339,292204,2661,829,624876,620
2023-08-24$18.67$16.5061.0%17.3%55.7%18.5%58.7%13.6%-5.4%14.6M-732.9M-5.0M0.671.59N/AN/A393,614264,8501,862,868925,878
2023-08-25$19.13$16.5057.4%15.9%51.5%12.6%55.5%12.3%-0.1%24.1M-927.0M-5.0M0.611.44N/AN/A505,792310,7581,942,582955,600
2023-08-28$19.42$17.0055.6%15.5%52.2%9.7%53.6%13.0%0.5%21.1M-980.7M-5.0M0.701.43N/AN/A228,040160,3241,726,566831,180
2023-08-29$20.73$17.0052.7%14.8%58.2%5.1%52.8%11.3%0.2%38.5M-1.56B-5.3M0.571.47N/AN/A408,954233,1841,826,714902,116
2023-08-30$21.02$17.0048.3%14.1%53.0%0.0%49.9%12.3%-2.5%47.5M-1.74B-5.4M0.756.07N/AN/A273,638204,8721,903,712949,708
2023-08-31$21.40$17.5049.9%13.7%53.4%2.5%49.1%10.2%0.4%50.7M-1.87B-5.4M0.671.66N/AN/A317,860211,7081,923,3141,030,678