TQQQ Options History — May 2024

In May 2024, TQQQ traded between $26.47 and $32.74. ATM implied volatility averaged 46.0%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 1.3% (HV 20d: 47.2%). Max pain ranged from $24.50 to $27.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2024-05-03: Highest Volume — 872,596 contracts
  • 2024-05-03: Largest IV drop — 10.4% change
  • 2024-05-02: Highest IV Rank — 46.3%
  • 2024-05-01: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.49$26.47$32.74$26.47$30.70
Max Pain$25.36$24.50$27.00$27.00$26.50
ATM IV46.0%40.2%55.1%54.0%47.3%
Expected Move13.2%11.4%16.1%16.1%13.2%
HV 20d47.2%30.5%62.0%58.7%34.9%
HV 60d49.9%45.2%53.7%52.6%45.2%
IV Rank17.0%0.0%46.3%42.9%22.7%
IV Percentile17.7%0.0%70.6%64.7%27.0%
Term Structure-0.6%-5.2%2.8%-3.0%-5.2%
VWIV47.6%43.5%56.0%55.9%45.8%
Skew 25d7.2%4.9%10.8%7.3%9.6%
Skew 10d15.0%11.6%20.6%16.4%18.5%
Call IV 25d42.6%36.8%50.7%47.9%41.6%
Put IV 25d49.9%44.9%59.9%55.3%51.2%
Bid-Ask Spread %7.885.3722.7110.078.44
Gamma HHI0.140.050.420.050.13
Net GEX47.5M-23.2M97.6M20.7M-23.2M
Net DEX-1.53B-2.15B-619.1M-619.1M-860.7M
Net VEX-5.1M-5.3M-4.7M-5.1M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.410.930.520.68
Total Volume472,030.182190,586872,596597,582865,894
Total OI1,874,224.1821,552,7262,319,7622,107,8901,799,892

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$26.47$27.0054.0%16.1%58.7%42.9%55.9%7.3%-3.0%20.7M-619.1M-5.1M0.5210.07N/AN/A393,306204,2761,413,456694,434
2024-05-02$26.67$27.0055.1%16.1%57.5%46.3%56.0%9.2%-0.7%30.5M-786.5M-5.1M0.418.38N/AN/A377,692153,8441,470,184714,332
2024-05-03$28.38$27.0049.4%14.1%61.2%27.7%49.6%4.9%0.2%65.5M-1.63B-5.2M0.549.00N/AN/A568,484304,1121,582,212737,550
2024-05-06$29.07$24.5049.2%14.1%61.9%27.1%50.0%6.7%0.9%54.9M-1.40B-5.2M0.785.83N/AN/A211,798166,0141,187,310599,086
2024-05-07$29.27$24.5047.4%13.6%62.0%21.3%49.9%7.6%1.6%61.5M-1.44B-5.2M0.886.09N/AN/A166,442146,5901,226,898664,070
2024-05-08$29.24$24.5046.4%13.5%61.7%17.8%47.9%7.2%2.1%57.3M-1.40B-5.1M0.465.98N/AN/A264,430121,0061,245,690699,274
2024-05-09$29.32$24.5046.4%13.4%58.8%17.9%49.1%7.2%-1.0%97.3M-1.49B-5.2M0.656.30N/AN/A220,584144,0841,378,184715,442
2024-05-10$29.57$24.5046.0%13.2%55.8%16.5%46.7%7.1%1.8%95.0M-1.59B-5.0M0.525.59N/AN/A432,182225,4661,370,232726,386
2024-05-13$29.75$24.5048.8%13.7%52.1%25.8%50.6%7.2%-1.9%49.5M-1.43B-5.0M0.486.14N/AN/A216,900103,5201,156,652618,222
2024-05-14$30.40$24.5047.5%13.4%52.5%21.4%48.4%7.3%-0.9%60.7M-1.70B-5.0M0.476.07N/AN/A279,286130,3421,182,824652,830
2024-05-15$31.73$24.5044.9%12.3%51.6%13.2%46.0%5.5%-2.0%63.0M-2.15B-4.7M0.765.91N/AN/A361,572273,4861,145,610665,608
2024-05-16$31.58$24.5043.9%12.0%50.8%9.9%44.5%5.2%-2.3%66.0M-2.08B-5.2M0.727.27N/AN/A229,776165,7661,208,318737,082
2024-05-17$31.42$25.0042.5%12.0%39.9%5.1%45.0%5.3%-1.1%77.1M-2.02B-5.0M0.637.06N/AN/A276,432173,5481,229,814768,516
2024-05-20$32.08$25.0043.1%12.2%38.7%7.1%44.6%6.0%-1.0%30.6M-1.74B-4.9M0.845.37N/AN/A204,152170,528926,790625,936
2024-05-21$32.22$25.0042.0%12.0%36.8%3.7%43.8%5.7%-1.1%34.4M-1.77B-5.1M0.935.91N/AN/A98,50692,080988,206684,386
2024-05-22$32.02$25.0043.7%12.5%37.3%9.1%46.3%6.3%0.2%32.2M-1.69B-5.3M0.729.94N/AN/A182,604131,0061,010,126698,612
2024-05-23$31.73$25.5042.9%12.3%36.3%6.4%43.5%7.9%1.1%33.6M-1.58B-5.1M0.659.01N/AN/A367,480239,0601,056,760738,560
2024-05-24$32.66$25.5040.2%11.4%33.2%0.0%45.1%8.1%1.1%97.6M-2.02B-5.1M0.6322.71N/AN/A477,812303,3361,133,516766,002
2024-05-28$32.74$26.0042.9%12.3%33.2%8.7%43.8%10.8%-0.6%26.4M-1.62B-5.1M0.747.27N/AN/A192,494142,290924,786654,770
2024-05-29$32.47$26.5043.9%12.9%30.5%11.9%46.7%9.9%2.8%20.3M-1.52B-5.3M0.936.92N/AN/A117,052109,096987,928705,644
2024-05-30$31.24$26.5043.9%13.7%33.7%11.7%47.3%7.1%-3.5%-6.3M-1.08B-5.2M0.588.03N/AN/A240,764139,5721,011,600729,202
2024-05-31$30.70$26.5047.3%13.2%34.9%22.7%45.8%9.6%-5.2%-23.2M-860.7M-5.2M0.688.44N/AN/A514,262351,6321,052,152747,740