TQQQ Options History — September 2024

In September 2024, TQQQ traded between $28.68 and $36.63. ATM implied volatility averaged 58.2%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 3.3% (HV 20d: 61.5%). Max pain ranged from $31.50 to $33.25. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2024-09-06: Highest Volume — 687,964 contracts
  • 2024-09-19: Largest IV drop — 8.7% change
  • 2024-09-06: Highest IV Rank — 46.9%
  • 2024-09-06: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.26$28.68$36.63$30.90$35.81
Max Pain$32.31$31.50$33.25$32.00$33.25
ATM IV58.2%49.9%70.0%64.3%53.5%
Expected Move16.7%14.1%19.9%19.5%15.4%
HV 20d61.5%57.2%68.1%68.1%59.3%
HV 60d69.7%67.7%71.0%67.7%70.3%
IV Rank28.4%15.3%46.9%38.0%21.0%
IV Percentile75.0%52.8%96.4%90.5%65.9%
Term Structure0.4%-4.2%7.1%2.7%7.1%
VWIV58.6%52.0%65.8%65.2%54.5%
Skew 25d14.4%9.1%21.0%17.5%12.9%
Skew 10d29.5%19.3%40.6%40.3%25.5%
Call IV 25d51.5%46.1%61.1%59.1%48.6%
Put IV 25d65.9%56.8%81.1%76.6%61.5%
Bid-Ask Spread %7.243.4415.5713.485.23
Gamma HHI0.080.040.350.050.05
Net GEX32.5M-2.8M71.1M8.7M25.6M
Net DEX-1.16B-1.95B-33.9M-532.9M-1.35B
Net VEX-6.3M-6.8M-5.5M-5.9M-6.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.410.960.720.76
Total Volume400,051.4221,372687,964529,678299,288
Total OI1,699,178.41,381,4561,898,8001,629,6581,460,426

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$30.90$32.0064.3%19.5%68.1%38.0%65.2%17.5%2.7%8.7M-532.9M-5.9M0.7213.48N/AN/A307,962221,7161,062,038567,620
2024-09-04$31.00$31.5068.6%19.5%64.7%44.8%65.8%16.4%-2.6%8.1M-562.2M-6.1M0.547.00N/AN/A195,968106,5341,136,202646,932
2024-09-05$30.77$32.5065.7%18.3%62.8%40.1%62.2%15.3%-4.2%8.0M-519.9M-6.1M0.8413.70N/AN/A208,936175,7621,177,600665,156
2024-09-06$28.68$32.5070.0%19.9%64.3%46.9%65.6%19.9%-1.0%-2.8M-33.9M-5.5M0.5712.17N/AN/A438,204249,7601,218,426674,220
2024-09-09$29.35$31.5066.6%19.0%64.5%41.6%64.0%20.6%-1.0%9.9M-454.5M-5.6M0.417.29N/AN/A227,17694,0161,077,560572,852
2024-09-10$30.32$32.0064.2%18.5%65.5%37.9%63.6%17.9%-0.1%21.2M-710.2M-5.9M0.577.21N/AN/A168,28295,3901,142,658588,240
2024-09-11$31.99$32.0058.7%17.6%62.8%29.2%62.7%21.0%-2.6%37.9M-1.16B-6.3M0.5410.04N/AN/A314,646168,8521,171,000607,502
2024-09-12$33.25$31.5059.5%16.8%64.2%30.3%59.3%13.4%-2.0%51.7M-1.58B-6.5M0.588.57N/AN/A294,910171,6121,198,320631,000
2024-09-13$33.73$32.0056.7%16.3%58.2%26.0%59.9%13.9%0.3%52.2M-1.74B-6.4M0.613.98N/AN/A310,610188,4181,229,638650,642
2024-09-16$33.23$32.0058.9%16.9%58.4%29.5%59.2%14.2%-0.1%30.3M-1.20B-6.3M0.754.14N/AN/A156,248116,9701,091,404563,244
2024-09-17$33.08$32.5059.5%17.0%57.4%30.4%59.4%14.4%0.0%28.5M-1.16B-6.3M0.643.44N/AN/A160,968102,5681,114,124601,426
2024-09-18$32.97$32.5058.1%16.7%57.2%28.2%59.3%15.5%1.6%30.4M-1.12B-6.3M0.6415.57N/AN/A221,654140,7721,148,272625,892
2024-09-19$35.48$32.5053.0%15.1%63.4%20.2%55.0%10.8%1.0%66.7M-1.95B-6.5M0.654.88N/AN/A376,258246,3981,175,854651,434
2024-09-20$35.23$32.5051.6%14.7%61.2%17.9%52.9%10.8%1.2%71.1M-1.78B-6.5M0.615.67N/AN/A327,582198,9001,196,792702,008
2024-09-23$35.27$32.5050.9%14.4%60.5%16.9%53.0%11.4%1.8%26.9M-1.33B-6.4M0.964.53N/AN/A144,528138,660889,176492,280
2024-09-24$35.80$32.5049.9%14.1%59.8%15.3%52.1%11.4%1.5%33.6M-1.47B-6.6M0.814.83N/AN/A159,464128,546941,114545,242
2024-09-25$35.77$32.5050.5%14.4%59.6%16.3%52.2%11.1%1.5%34.9M-1.41B-6.6M0.764.02N/AN/A125,96495,408950,896583,270
2024-09-26$36.63$33.0051.2%14.4%58.8%17.4%52.0%9.1%1.3%55.0M-1.69B-6.8M0.584.78N/AN/A283,542164,166980,020603,274
2024-09-27$35.97$33.0052.8%14.8%59.3%19.8%53.3%11.0%1.2%51.9M-1.46B-6.8M0.464.18N/AN/A324,812149,5781,020,108629,706
2024-09-30$35.81$33.2553.5%15.4%59.3%21.0%54.5%12.9%7.1%25.6M-1.35B-6.7M0.765.23N/AN/A169,696129,592922,636537,790