TQQQ Options History — November 2024

In November 2024, TQQQ traded between $35.20 and $41.38. ATM implied volatility averaged 51.6%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 3.3% (HV 20d: 54.9%). Max pain ranged from $32.50 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.70.

Notable Days

  • 2024-11-15: Highest Volume — 851,530 contracts
  • 2024-11-06: Largest IV drop — 19.6% change
  • 2024-11-04: Highest IV Rank — 46.0%
  • 2024-11-01: Largest Expected Move — 21.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.02$35.20$41.38$35.56$39.95
Max Pain$34.15$32.50$35.00$35.00$35.00
ATM IV51.6%40.1%69.4%66.8%42.7%
Expected Move14.9%12.5%21.2%21.2%12.5%
HV 20d54.9%44.8%61.3%48.5%51.2%
HV 60d52.2%49.2%53.9%52.3%49.7%
IV Rank18.0%0.0%46.0%41.9%4.1%
IV Percentile51.3%0.0%96.4%95.2%4.8%
Term Structure-0.5%-3.5%1.0%-0.4%0.1%
VWIV53.5%45.0%70.7%70.7%45.0%
Skew 25d10.9%5.8%18.2%11.3%5.8%
Skew 10d23.5%14.5%42.7%35.9%21.7%
Call IV 25d46.2%38.2%56.1%55.9%40.2%
Put IV 25d57.1%46.0%72.5%67.3%46.0%
Bid-Ask Spread %5.793.448.306.028.24
Gamma HHI0.090.040.420.060.42
Net GEX46.6M14.8M133.6M19.6M133.6M
Net DEX-1.86B-3.13B-839.7M-1.04B-2.15B
Net VEX-6.4M-6.7M-6.0M-6.6M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.441.050.640.52
Total Volume415,455.7251,076851,530553,730316,930
Total OI1,804,647.81,630,6161,966,1541,958,2841,873,950

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$35.56$35.0066.8%21.2%48.5%41.9%70.7%11.3%-0.4%19.6M-1.04B-6.6M0.646.02N/AN/A337,406216,3241,201,446756,838
2024-11-04$35.20$32.5069.4%18.9%46.9%46.0%65.1%16.4%0.4%20.2M-1.09B-6.4M0.643.44N/AN/A163,086103,8941,014,116641,912
2024-11-05$36.31$32.5064.0%17.6%44.8%37.5%63.5%18.2%-3.5%32.6M-1.40B-6.5M0.964.03N/AN/A149,860144,1141,070,952671,884
2024-11-06$39.52$32.5051.4%14.9%53.6%17.7%54.5%10.0%0.5%72.3M-2.50B-6.5M0.794.42N/AN/A370,558290,9661,121,918712,910
2024-11-07$41.38$32.5050.1%14.4%55.6%15.6%53.1%9.1%-2.3%64.7M-3.13B-6.3M0.875.05N/AN/A336,842291,7481,145,390742,106
2024-11-08$41.31$33.0047.8%14.1%55.7%11.9%52.8%7.6%0.8%52.3M-2.99B-6.4M0.574.17N/AN/A315,270180,3721,162,790803,364
2024-11-11$41.15$33.5048.9%14.3%55.3%13.8%52.5%7.3%1.0%44.2M-2.34B-6.5M0.814.30N/AN/A201,506163,4421,017,856638,924
2024-11-12$41.16$34.0048.9%14.2%51.4%13.6%52.6%8.3%0.7%47.6M-2.35B-6.5M1.054.93N/AN/A131,852137,9101,072,338680,798
2024-11-13$41.19$34.5046.4%13.6%51.4%9.8%48.8%8.3%0.9%49.9M-2.34B-6.5M1.025.16N/AN/A136,896139,8241,088,002715,414
2024-11-14$39.92$34.0046.4%13.5%53.1%9.8%48.4%9.4%0.4%26.3M-1.85B-6.4M0.785.85N/AN/A190,982149,3681,103,270733,900
2024-11-15$36.92$34.5053.9%15.5%60.4%21.7%53.6%11.6%0.1%14.8M-839.7M-6.1M0.576.02N/AN/A541,668309,8621,127,502752,462
2024-11-18$37.91$34.5052.0%14.9%61.1%18.6%53.0%11.3%-1.5%24.3M-1.32B-6.5M0.446.76N/AN/A211,30693,4921,012,290655,926
2024-11-19$38.56$35.0052.3%15.0%61.3%19.1%53.3%11.6%-1.3%36.1M-1.55B-6.6M0.675.63N/AN/A150,246100,8301,074,820688,384
2024-11-20$38.33$35.0055.1%15.8%58.4%23.4%55.5%13.1%-2.2%35.4M-1.51B-6.6M0.606.40N/AN/A206,594123,1281,103,566705,502
2024-11-21$39.12$35.0051.9%15.0%58.2%18.5%54.4%12.8%-1.4%62.7M-1.81B-6.7M0.565.77N/AN/A329,174182,7281,149,572737,816
2024-11-22$38.99$35.0048.1%13.9%57.9%12.5%49.3%11.8%-0.8%71.1M-1.81B-6.5M0.727.03N/AN/A264,934189,4601,179,676764,624
2024-11-25$39.20$35.0046.0%13.5%57.9%9.2%48.6%12.9%-0.0%38.9M-1.68B-6.3M0.606.99N/AN/A232,666139,5441,001,018629,598
2024-11-26$39.81$35.0049.3%12.9%57.2%14.4%48.5%8.5%-1.8%52.2M-1.89B-6.4M0.618.30N/AN/A169,368103,2401,060,608672,994
2024-11-27$38.84$35.0040.1%12.9%57.2%0.0%46.4%11.6%0.5%32.6M-1.52B-6.2M0.517.26N/AN/A326,522165,2021,111,770694,750
2024-11-29$39.95$35.0042.7%12.5%51.2%4.1%45.0%5.8%0.1%133.6M-2.15B-6.0M0.528.24N/AN/A208,142108,7881,148,436725,514