TQQQ Options History — February 2024

In February 2024, TQQQ traded between $27.25 and $30.20. ATM implied volatility averaged 48.7%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded below realized volatility by 2.4% (HV 20d: 51.0%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2024-02-22: Highest Volume — 895,804 contracts
  • 2024-02-20: Largest IV spike — 10.8% change
  • 2024-02-20: Highest IV Rank — 35.4%
  • 2024-02-21: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.07$27.25$30.20$27.25$30.18
Max Pain$24.43$23.00$25.00$23.00$25.00
ATM IV48.7%45.8%55.7%47.9%47.1%
Expected Move14.0%13.3%15.7%14.0%13.3%
HV 20d51.0%44.1%59.8%44.7%54.8%
HV 60d43.0%39.4%46.2%41.7%46.2%
IV Rank18.7%11.8%35.4%16.8%14.8%
IV Percentile23.7%11.1%57.9%18.3%17.5%
Term Structure-0.1%-5.7%1.5%-0.2%0.0%
VWIV49.9%46.9%56.0%50.1%47.6%
Skew 25d6.6%3.9%9.2%7.7%6.3%
Skew 10d14.4%10.8%23.2%16.1%13.7%
Call IV 25d46.2%43.3%51.0%44.4%45.0%
Put IV 25d52.7%49.0%60.1%52.2%51.4%
Bid-Ask Spread %5.224.117.124.564.81
Gamma HHI0.160.060.550.070.16
Net GEX33.7M121.6K103.2M9.5M57.0M
Net DEX-1.45B-2.12B-846.0M-1.02B-1.70B
Net VEX-5.3M-5.4M-5.1M-5.1M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.390.950.740.56
Total Volume537,289.1233,084895,804425,566527,934
Total OI1,899,8321,680,0442,078,2481,879,0521,968,114

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$27.25$23.0047.9%14.0%44.7%16.8%50.1%7.7%-0.2%9.5M-1.02B-5.1M0.744.56N/AN/A243,910181,6561,061,828817,224
2024-02-02$28.73$23.0046.5%13.6%46.9%13.4%46.9%6.7%0.5%52.0M-1.71B-5.1M0.507.12N/AN/A545,364273,3841,112,976858,962
2024-02-05$28.52$23.5047.1%13.7%46.9%14.9%48.1%6.9%0.8%20.9M-1.34B-5.3M0.735.48N/AN/A348,884256,420977,506702,538
2024-02-06$28.05$23.5047.2%13.7%44.1%15.0%49.0%6.5%0.5%17.7M-1.20B-5.3M0.405.36N/AN/A375,758151,6121,030,954780,284
2024-02-07$29.20$23.5045.8%13.6%45.6%11.8%48.1%5.6%1.5%76.2M-1.87B-5.4M0.624.93N/AN/A415,982257,7681,188,654820,476
2024-02-08$29.25$24.0046.0%13.5%45.4%12.2%49.8%5.3%1.4%49.3M-1.69B-5.3M0.925.37N/AN/A187,376172,8701,111,718860,992
2024-02-09$30.15$24.0045.8%13.3%46.1%11.8%48.9%5.1%0.8%62.3M-2.12B-5.2M0.955.94N/AN/A320,212303,7701,135,332899,240
2024-02-12$29.83$24.5048.3%13.9%46.6%17.8%50.3%6.0%0.9%22.4M-1.56B-5.2M0.904.11N/AN/A236,010211,436974,590758,972
2024-02-13$28.14$25.0051.8%14.9%52.2%26.2%52.1%7.2%0.1%121.6K-952.1M-5.4M0.764.97N/AN/A387,242293,2561,012,118839,004
2024-02-14$29.25$25.0049.8%14.3%52.7%21.4%47.9%8.1%-0.9%16.8M-1.39B-5.3M0.455.83N/AN/A317,344142,7881,022,400887,048
2024-02-15$29.41$25.0048.2%13.7%50.7%17.4%50.1%7.7%1.5%23.3M-1.46B-5.4M0.485.01N/AN/A255,718121,6201,081,694901,910
2024-02-16$28.77$25.0050.3%14.4%48.1%22.5%51.0%7.2%0.0%16.3M-1.22B-5.4M0.695.30N/AN/A436,042299,0621,153,622924,626
2024-02-20$27.90$25.0055.7%15.6%49.5%35.4%55.8%9.2%-5.7%5.6M-888.9M-5.2M0.514.34N/AN/A388,704199,390954,794773,758
2024-02-21$27.46$25.0054.5%15.7%49.8%32.7%56.0%8.2%-1.4%12.8M-846.0M-5.3M0.595.39N/AN/A243,726144,0981,104,118847,012
2024-02-22$30.20$24.5049.7%14.4%59.7%21.2%51.8%5.8%-0.6%58.2M-2.07B-5.2M0.544.66N/AN/A580,852314,9521,149,140864,170
2024-02-23$29.89$25.0048.5%13.4%59.8%18.1%48.2%5.9%0.6%103.2M-1.70B-5.2M0.884.59N/AN/A314,572275,9881,132,862921,732
2024-02-26$29.91$25.0047.9%13.6%59.4%16.8%49.0%3.9%-0.5%26.2M-1.46B-5.1M0.735.32N/AN/A182,030132,298981,400727,020
2024-02-27$29.97$25.0047.6%13.4%58.7%16.0%48.6%5.3%-0.9%27.7M-1.46B-5.2M0.895.31N/AN/A123,578109,5061,021,756781,818
2024-02-28$29.40$25.0047.8%13.6%58.8%16.6%49.6%6.5%-0.5%17.2M-1.25B-5.2M0.395.99N/AN/A338,870133,8001,042,336811,942
2024-02-29$30.18$25.0047.1%13.3%54.8%14.8%47.6%6.3%0.0%57.0M-1.70B-5.3M0.564.81N/AN/A338,520189,4141,138,226829,888