TQQQ Options History — January 2024

In January 2024, TQQQ traded between $22.92 and $28.45. ATM implied volatility averaged 47.2%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 4.3% (HV 20d: 42.9%). Max pain ranged from $18.75 to $25.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-01-24: Highest Volume — 1,066,760 contracts
  • 2024-01-16: Largest IV spike — 7.8% change
  • 2024-01-17: Highest IV Rank — 22.1%
  • 2024-01-30: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.79$22.92$28.45$23.77$26.41
Max Pain$22.98$18.75$25.00$18.75$25.00
ATM IV47.2%44.5%50.1%48.5%49.8%
Expected Move13.6%12.9%14.8%13.1%14.7%
HV 20d42.9%39.2%47.3%40.3%44.7%
HV 60d46.0%40.5%49.7%49.1%41.9%
IV Rank15.0%8.6%22.1%17.2%21.3%
IV Percentile13.2%6.0%23.0%13.1%23.0%
Term Structure0.1%-0.8%1.1%-0.1%-0.1%
VWIV48.9%45.3%52.7%47.3%52.2%
Skew 25d7.6%5.3%10.3%8.8%7.1%
Skew 10d15.7%11.1%21.0%17.1%15.2%
Call IV 25d44.3%41.7%47.0%44.9%47.0%
Put IV 25d51.9%49.1%55.8%53.7%54.0%
Bid-Ask Spread %3.622.406.705.164.99
Gamma HHI0.150.060.430.070.07
Net GEX29.9M-7.9M87.4M12.5M2.2M
Net DEX-1.36B-2.31B-737.6M-986.9M-746.4M
Net VEX-4.6M-5.1M-4.3M-4.3M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.360.960.760.62
Total Volume540,447.619334,5541,066,760580,248756,660
Total OI2,170,791.7141,406,4242,684,3942,181,8161,804,164

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$23.77$18.7548.5%13.1%40.3%17.2%47.3%8.8%-0.1%12.5M-986.9M-4.3M0.765.16N/AN/A328,800251,4481,471,006710,810
2024-01-03$23.33$19.0049.4%13.0%39.2%19.3%46.3%9.0%-0.2%5.8M-852.4M-4.4M0.624.28N/AN/A245,646152,6701,538,012812,962
2024-01-04$23.08$23.0049.1%14.2%39.5%18.6%49.1%8.8%0.2%5.5M-785.0M-4.4M0.712.40N/AN/A221,698158,1661,599,708839,436
2024-01-05$22.92$23.0047.3%13.8%39.4%14.8%48.5%7.6%0.6%-7.9M-737.6M-4.4M0.673.79N/AN/A378,536254,3741,642,828883,826
2024-01-08$24.33$22.5046.8%13.4%42.6%13.5%48.1%7.9%0.3%28.6M-1.31B-4.5M0.593.35N/AN/A285,328167,9021,527,956782,682
2024-01-09$24.42$22.5045.6%13.2%42.5%11.3%46.0%7.9%0.3%35.7M-1.39B-4.5M0.513.00N/AN/A220,928113,6261,595,880821,934
2024-01-10$24.94$22.5045.5%13.1%42.4%11.0%46.7%7.4%0.2%53.5M-1.64B-4.6M0.543.53N/AN/A337,498181,0661,657,772842,282
2024-01-11$25.05$23.0045.1%13.0%41.8%10.1%49.3%7.4%0.2%53.7M-1.66B-4.6M0.443.03N/AN/A444,462196,3901,668,146878,868
2024-01-12$25.16$22.5044.5%12.9%40.2%8.6%45.3%7.4%0.7%73.3M-1.80B-4.5M0.553.17N/AN/A465,748255,6641,782,302902,092
2024-01-16$25.05$22.5048.0%13.7%40.3%16.9%49.5%9.1%-0.8%26.3M-1.42B-4.4M0.663.83N/AN/A253,618167,4081,522,306797,912
2024-01-17$24.61$22.5050.1%14.4%40.5%22.1%51.1%10.3%-0.8%21.4M-1.29B-4.6M0.622.88N/AN/A238,914147,3081,606,282872,344
2024-01-18$25.77$23.0047.8%13.7%43.1%16.5%50.7%9.7%0.1%45.7M-1.84B-4.6M0.603.65N/AN/A361,266215,0641,644,994911,958
2024-01-19$27.27$23.0046.8%13.5%47.3%14.1%50.3%7.6%-0.6%40.0M-2.31B-4.5M0.663.45N/AN/A471,576309,9501,656,062944,170
2024-01-22$27.41$23.0046.6%13.5%44.8%13.7%49.3%7.0%1.1%21.6M-1.33B-4.5M0.843.80N/AN/A288,362241,868834,678571,746
2024-01-23$27.61$23.5045.2%13.2%44.4%10.4%47.4%6.5%0.4%21.8M-1.36B-4.7M0.362.78N/AN/A331,710120,120890,918652,292
2024-01-24$28.32$23.5045.3%13.3%44.9%10.6%48.3%5.7%0.2%70.5M-1.79B-4.9M0.966.70N/AN/A545,572521,1881,078,606682,320
2024-01-25$28.08$24.7547.0%13.8%44.9%14.5%50.2%6.1%0.3%87.4M-1.55B-5.0M0.823.03N/AN/A286,400233,9921,189,180767,908
2024-01-26$27.66$25.0046.7%13.6%45.4%14.0%48.2%5.3%-0.1%3.8M-1.22B-4.9M0.773.63N/AN/A278,430214,2821,220,026798,688
2024-01-29$28.45$25.0047.6%14.1%46.2%16.1%50.4%6.0%-0.0%14.4M-1.35B-5.0M0.712.42N/AN/A216,598153,746877,184648,604
2024-01-30$27.98$25.0049.0%14.8%46.2%19.5%52.7%6.0%-0.5%12.8M-1.22B-5.1M0.433.02N/AN/A235,258100,160932,086723,696
2024-01-31$26.41$25.0049.8%14.7%44.7%21.3%52.2%7.1%-0.1%2.2M-746.4M-5.0M0.624.99N/AN/A467,214289,4461,059,988744,176