TQQQ Options History — October 2023

In October 2023, TQQQ traded between $15.38 and $19.63. ATM implied volatility averaged 63.3%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 10.3% (HV 20d: 53.0%). Max pain ranged from $17.50 to $18.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2023-10-06: Highest Volume — 832,430 contracts
  • 2023-10-13: Largest IV spike — 12.5% change
  • 2023-10-26: Highest IV Rank — 49.1%
  • 2023-10-26: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.82$15.38$19.63$18.07$16.35
Max Pain$17.72$17.50$18.50$18.50$17.50
ATM IV63.3%55.4%71.5%61.3%62.9%
Expected Move18.4%15.9%21.4%17.7%19.1%
HV 20d53.0%45.3%62.5%45.3%60.0%
HV 60d51.6%49.9%53.6%50.6%53.4%
IV Rank28.8%13.6%49.1%22.6%35.1%
IV Percentile47.3%27.8%68.3%43.3%48.8%
Term Structure-0.7%-3.4%0.6%-0.2%-0.1%
VWIV62.9%55.8%72.6%59.6%65.0%
Skew 25d15.3%12.2%18.4%13.9%14.3%
Skew 10d28.3%24.0%34.6%25.1%26.7%
Call IV 25d55.4%49.3%63.6%53.9%55.2%
Put IV 25d70.7%61.9%80.0%67.8%69.6%
Bid-Ask Spread %1.951.583.211.921.87
Gamma HHI0.070.050.200.050.05
Net GEX20.3M347.6K55.2M14.2M16.0M
Net DEX-665.1M-1.27B-89.1M-618.3M-449.0M
Net VEX-4.5M-5.1M-3.8M-4.6M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.380.720.480.54
Total Volume517,081.091304,186832,430406,116336,920
Total OI2,747,8362,426,4423,037,8102,426,4422,787,078

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$18.07$18.5061.3%17.7%45.3%22.6%59.6%13.9%-0.2%14.2M-618.3M-4.6M0.481.92N/AN/A274,842131,2741,655,896770,546
2023-10-03$17.14$18.5067.9%20.1%47.3%32.8%67.1%15.2%-0.9%8.7M-382.9M-4.4M0.521.74N/AN/A332,694171,7081,770,892808,836
2023-10-04$18.02$18.2563.4%18.0%51.1%25.9%63.2%15.1%-0.6%25.6M-726.7M-4.8M0.551.86N/AN/A262,858144,6361,874,392850,206
2023-10-05$17.85$17.5063.8%17.9%50.9%26.5%62.9%14.6%-0.2%22.9M-642.5M-4.7M0.441.76N/AN/A288,854128,0181,907,694873,636
2023-10-06$18.77$17.5059.2%16.8%54.8%19.5%61.8%13.1%-0.2%55.2M-1.13B-4.9M0.591.68N/AN/A524,700307,7301,952,870882,056
2023-10-09$18.90$17.5059.7%17.1%52.5%20.2%60.1%14.1%0.0%25.4M-949.5M-5.0M0.651.70N/AN/A275,720178,0001,764,510796,476
2023-10-10$19.33$17.5057.7%16.3%52.2%17.2%58.1%12.3%-0.7%34.2M-1.14B-5.1M0.721.65N/AN/A297,086213,7801,850,706857,034
2023-10-11$19.63$17.5055.8%16.1%52.4%14.1%58.2%12.2%0.6%41.0M-1.27B-5.1M0.611.84N/AN/A280,880170,1321,907,524884,722
2023-10-12$19.44$17.5055.4%15.9%51.3%13.6%56.7%13.2%0.0%41.9M-1.17B-5.0M0.661.82N/AN/A335,390222,7661,949,638910,172
2023-10-13$18.63$17.5062.3%17.7%49.4%24.5%61.6%16.9%-0.8%18.3M-754.8M-4.8M0.673.21N/AN/A380,498256,0161,989,418937,968
2023-10-16$19.41$17.5056.9%16.3%51.8%16.3%55.8%16.2%-1.2%27.9M-1.04B-4.9M0.521.96N/AN/A275,172142,4781,792,888796,710
2023-10-17$19.02$17.5059.3%17.0%52.2%20.5%57.9%16.0%-1.2%30.2M-929.0M-4.9M0.651.58N/AN/A200,828131,1821,912,974839,530
2023-10-18$18.23$18.0065.5%18.8%52.4%31.5%62.3%16.8%-3.4%17.8M-653.7M-4.6M0.512.99N/AN/A249,252127,7001,948,856859,044
2023-10-19$17.75$18.0068.0%19.6%49.3%36.6%64.8%17.9%-2.3%9.8M-483.3M-4.5M0.441.86N/AN/A453,246198,6042,007,176886,798
2023-10-20$17.09$18.0069.2%20.0%51.0%38.5%65.6%18.4%-2.0%1.5M-266.3M-4.2M0.581.86N/AN/A486,862282,2002,048,270906,100
2023-10-23$17.27$18.0066.2%19.2%51.3%34.6%65.6%16.7%-0.5%11.8M-479.5M-4.3M0.591.66N/AN/A307,144179,9501,766,510737,662
2023-10-24$17.73$17.5062.1%18.3%49.8%28.9%60.4%16.5%-0.2%20.8M-639.3M-4.4M0.421.78N/AN/A213,71290,4741,879,548809,686
2023-10-25$16.36$17.5068.8%20.1%57.7%41.3%67.8%16.4%-1.4%5.1M-261.4M-4.0M0.451.80N/AN/A419,976189,6961,912,830817,658
2023-10-26$15.38$17.5071.5%21.4%59.9%49.1%72.6%16.4%-0.8%347.6K-89.1M-3.8M0.382.25N/AN/A544,004205,6482,027,314843,108
2023-10-27$15.49$17.5069.6%20.7%60.0%46.5%69.9%15.7%-0.2%6.9M-162.8M-3.8M0.632.28N/AN/A425,896270,0482,165,932871,878
2023-10-30$16.23$17.5065.2%19.7%62.5%37.6%67.0%15.2%-0.0%10.6M-397.2M-4.0M0.411.93N/AN/A332,380134,8301,867,858771,792
2023-10-31$16.35$17.5062.9%19.1%60.0%35.1%65.0%14.3%-0.1%16.0M-449.0M-4.0M0.541.87N/AN/A219,334117,5861,969,246817,832