TQQQ Options History — December 2024

In December 2024, TQQQ traded between $39.74 and $46.72. ATM implied volatility averaged 46.6%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded below realized volatility by 5.0% (HV 20d: 51.5%). Max pain ranged from $25.00 to $35.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.71.

Notable Days

2024-12-27: Highest Volume — 813,076 contracts
2024-12-18: Largest IV spike — 30.9% change
2024-12-18: Highest IV Rank — 35.9%
2024-12-18: Largest Expected Move — 17.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.88	$39.74	$46.72	$41.30	$39.74
Max Pain	$29.88	$25.00	$35.50	$35.00	$32.50
ATM IV	46.6%	38.3%	61.8%	42.8%	55.5%
Expected Move	13.7%	12.0%	17.7%	12.7%	16.0%
HV 20d	51.5%	37.0%	62.3%	52.1%	62.0%
HV 60d	49.6%	45.9%	54.0%	47.5%	54.0%
IV Rank	12.2%	0.0%	35.9%	4.2%	26.4%
IV Percentile	28.5%	0.0%	86.1%	5.6%	69.8%
Term Structure	1.3%	-1.9%	2.9%	1.9%	0.7%
VWIV	49.8%	43.3%	61.1%	46.3%	53.6%
Skew 25d	11.8%	6.6%	21.2%	6.6%	14.9%
Skew 10d	22.1%	-3.8%	40.7%	-3.8%	29.3%
Call IV 25d	42.0%	36.9%	52.4%	38.9%	48.7%
Put IV 25d	53.8%	43.8%	72.6%	45.6%	63.6%
Bid-Ask Spread %	12.58	5.65	30.53	6.88	9.37
Gamma HHI	0.09	0.05	0.28	0.07	0.05
Net GEX	52.5M	1.9M	106.4M	57.1M	1.9M
Net DEX	-2.19B	-3.19B	-805.5M	-2.25B	-805.5M
Net VEX	-6.2M	-6.6M	-5.9M	-6.0M	-6.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.71	0.46	0.92	0.66	0.46
Total Volume	469,779.524	266,950	813,076	453,534	381,280
Total OI	1,778,553.714	1,494,626	2,061,154	1,624,214	1,661,480

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$41.30	$35.00	42.8%	12.7%	52.1%	4.2%	46.3%	6.6%	1.9%	57.1M	-2.25B	-6.0M	0.66	6.88	N/A	N/A	273,578	179,956	1,005,536	618,678
2024-12-03	$41.44	$35.00	40.5%	12.3%	51.7%	0.7%	45.3%	12.6%	1.8%	66.7M	-2.29B	-6.1M	0.92	7.41	N/A	N/A	139,334	127,616	1,082,932	680,480
2024-12-04	$43.13	$35.50	40.8%	12.2%	52.3%	1.1%	45.3%	7.9%	2.1%	82.6M	-2.92B	-6.0M	0.73	7.31	N/A	N/A	268,406	196,924	1,109,476	715,950
2024-12-05	$42.84	$25.00	38.3%	12.1%	44.2%	0.0%	43.3%	8.1%	2.3%	81.2M	-2.76B	-6.0M	0.65	18.29	N/A	N/A	207,886	135,192	1,126,118	760,332
2024-12-06	$43.83	$25.50	39.3%	12.0%	42.0%	1.5%	45.6%	6.9%	1.6%	106.4M	-3.19B	-5.9M	0.87	21.96	N/A	N/A	283,490	246,556	1,143,080	781,286
2024-12-09	$42.62	$26.00	40.9%	12.9%	43.4%	3.9%	49.1%	9.0%	0.9%	41.4M	-2.20B	-6.0M	0.92	26.68	N/A	N/A	215,834	198,770	990,910	653,596
2024-12-10	$42.24	$27.00	39.5%	13.0%	43.5%	1.8%	45.5%	7.1%	2.4%	35.0M	-2.02B	-6.2M	0.66	30.53	N/A	N/A	220,334	144,404	1,037,754	706,242
2024-12-11	$44.73	$27.00	41.6%	12.4%	47.8%	5.1%	45.2%	7.0%	1.9%	71.8M	-3.01B	-6.0M	0.74	24.96	N/A	N/A	264,218	194,886	1,072,950	731,856
2024-12-12	$43.92	$27.50	41.6%	12.3%	48.5%	5.0%	45.5%	8.6%	2.1%	55.1M	-2.59B	-6.2M	0.73	22.44	N/A	N/A	206,350	151,152	1,108,636	793,940
2024-12-13	$44.75	$27.50	41.8%	12.4%	47.0%	5.3%	47.9%	8.7%	2.2%	101.3M	-3.06B	-6.1M	0.64	6.47	N/A	N/A	429,922	275,636	1,136,636	815,942
2024-12-16	$46.72	$27.50	45.8%	13.2%	37.0%	11.4%	49.0%	9.8%	0.7%	53.9M	-3.19B	-6.2M	0.66	6.13	N/A	N/A	284,162	188,840	1,028,752	689,554
2024-12-17	$46.00	$27.50	47.2%	13.6%	37.7%	13.6%	50.9%	11.3%	0.5%	55.9M	-2.97B	-6.6M	0.91	5.65	N/A	N/A	142,446	129,820	1,083,574	745,486
2024-12-18	$41.06	$28.00	61.8%	17.7%	57.6%	35.9%	61.1%	19.5%	-1.2%	17.0M	-1.31B	-6.6M	0.60	10.37	N/A	N/A	428,060	255,268	1,111,460	778,370
2024-12-19	$40.80	$29.00	60.4%	17.3%	57.6%	33.7%	60.7%	21.2%	-0.4%	13.5M	-1.19B	-6.5M	0.63	8.81	N/A	N/A	381,834	239,036	1,179,800	822,196
2024-12-20	$41.86	$29.50	54.4%	15.6%	57.9%	24.7%	56.4%	16.9%	-0.5%	29.1M	-1.69B	-6.6M	0.64	10.49	N/A	N/A	436,684	280,926	1,235,710	825,444
2024-12-23	$42.50	$32.50	50.4%	14.5%	58.0%	18.5%	54.0%	15.9%	2.5%	38.7M	-1.59B	-6.5M	0.54	7.27	N/A	N/A	231,946	125,334	935,146	621,246
2024-12-24	$43.81	$32.50	44.8%	12.7%	58.7%	9.8%	48.0%	13.1%	2.9%	74.4M	-2.10B	-6.6M	0.73	6.20	N/A	N/A	164,012	119,432	988,832	654,920
2024-12-26	$44.41	$32.50	45.3%	12.7%	58.7%	10.7%	48.0%	12.9%	2.8%	87.7M	-2.33B	-6.5M	0.61	6.23	N/A	N/A	182,266	110,782	1,003,900	682,446
2024-12-27	$41.81	$32.50	51.6%	14.8%	62.3%	20.3%	50.7%	13.7%	1.9%	7.9M	-1.29B	-6.2M	0.74	10.18	N/A	N/A	467,308	345,768	1,036,816	697,540
2024-12-30	$40.99	$32.50	53.5%	15.4%	62.1%	23.3%	53.8%	15.3%	-1.9%	23.0M	-1.23B	-6.2M	0.92	10.46	N/A	N/A	318,050	291,672	894,434	600,192
2024-12-31	$39.74	$32.50	55.5%	16.0%	62.0%	26.4%	53.6%	14.9%	0.7%	1.9M	-805.5M	-6.2M	0.46	9.37	N/A	N/A	261,336	119,944	964,742	696,738