TQQQ Options History — November 2025

In November 2025, TQQQ traded between $46.65 and $59.11. ATM implied volatility averaged 66.6%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 8.0% (HV 20d: 58.6%). Max pain ranged from $43.50 to $80.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-11-07: Highest Volume — 699,542 contracts
  • 2025-11-20: Largest IV spike — 15.9% change
  • 2025-11-20: Highest IV Rank — 45.5%
  • 2025-11-20: Largest Expected Move — 25.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.02$46.65$59.11$59.11$54.05
Max Pain$47.42$43.50$80.00$51.50$45.00
ATM IV66.6%55.4%86.4%57.8%55.4%
Expected Move19.3%16.4%25.1%16.6%16.9%
HV 20d58.6%52.4%63.8%54.0%62.9%
HV 60d45.7%39.5%49.8%39.5%49.3%
IV Rank26.7%16.1%45.5%18.4%16.1%
IV Percentile78.0%52.0%94.4%64.7%52.0%
Term Structure-1.1%-5.7%2.4%2.4%0.5%
VWIV67.7%59.4%81.5%60.9%65.3%
Skew 25d18.7%12.2%28.7%13.5%16.7%
Skew 10d34.9%27.5%48.6%27.7%28.3%
Call IV 25d56.8%47.5%67.6%52.3%48.3%
Put IV 25d75.5%65.0%96.3%65.9%65.0%
Bid-Ask Spread %35.9716.9948.0616.9939.56
Gamma HHI0.060.030.120.070.12
Net GEX21.3M-15.3M86.2M36.7M86.2M
Net DEX-2.13B-3.42B417.1M-3.42B-3.02B
Net VEX-10.5M-11.5M-2.5M-11.0M-10.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.460.870.860.75
Total Volume394,358.053198,874699,542282,688213,972
Total OI1,859,281.105362,5652,133,5221,731,4681,961,029

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$59.11$51.5057.8%16.6%54.0%18.4%60.9%13.5%2.4%36.7M-3.42B-11.0M0.8616.99N/AN/A151,828130,860968,762762,706
2025-11-04$55.97$52.5061.9%18.0%57.6%22.3%62.0%12.4%-1.2%14.6M-2.53B-11.1M0.8417.49N/AN/A247,760208,5281,007,834805,726
2025-11-05$57.08$52.5058.5%16.4%57.2%19.1%59.4%14.6%1.0%24.8M-2.89B-11.4M0.5618.95N/AN/A203,926114,7741,046,310864,474
2025-11-06$53.70$43.5065.3%19.4%61.5%25.5%64.7%12.2%1.0%-3.3M-1.90B-11.2M0.5936.93N/AN/A354,068208,5461,067,644886,078
2025-11-07$52.59$44.0067.7%19.5%52.4%27.8%68.4%22.8%-1.5%-15.3M-1.55B-11.1M0.7341.10N/AN/A404,304295,2381,123,970908,788
2025-11-10$56.47$43.5061.4%17.4%56.1%21.8%62.1%18.6%-1.9%33.6M-2.94B-11.1M0.4641.22N/AN/A333,044152,4621,017,632822,320
2025-11-11$55.98$43.5061.4%18.0%55.1%21.8%61.7%15.0%0.1%41.5M-2.92B-11.5M0.6034.47N/AN/A136,59082,6221,098,842856,368
2025-11-12$55.72$44.0062.7%18.1%54.8%23.0%65.3%15.6%-0.8%41.5M-2.87B-11.5M0.6140.22N/AN/A123,81475,0601,121,838877,280
2025-11-13$52.47$44.0071.1%20.2%59.0%31.0%70.7%16.2%0.6%5.8M-1.87B-11.2M0.6444.93N/AN/A302,048192,0761,139,702887,372
2025-11-14$52.48$44.0068.3%19.4%58.2%28.3%65.6%22.4%0.5%-1.7M-1.89B-11.2M0.6640.30N/AN/A363,744240,5261,186,506916,660
2025-11-17$50.49$44.0076.1%21.8%58.0%35.8%73.1%22.3%-5.7%8.3M-1.61B-10.9M0.6642.39N/AN/A214,688140,9321,044,602825,426
2025-11-18$49.63$44.5078.2%22.4%58.2%37.7%77.3%23.2%-1.9%5.1M-1.46B-10.8M0.6038.89N/AN/A273,522164,4601,101,660868,888
2025-11-19$50.08$44.5074.6%21.4%57.2%34.3%72.1%22.5%-1.3%12.4M-1.61B-11.1M0.5642.55N/AN/A202,702113,6901,159,456909,548
2025-11-20$46.65$80.0086.4%25.1%60.8%45.5%81.5%28.7%-5.6%-1.8M417.1M-2.5M0.6248.06N/AN/A264,873164,635140,325222,240
2025-11-21$47.95$45.0075.6%22.2%60.3%35.2%73.8%23.9%-5.1%-6.2M-1.08B-10.5M0.7838.36N/AN/A352,874275,9771,217,690915,832
2025-11-24$51.28$45.0066.3%19.5%63.3%26.5%72.7%18.1%-2.2%18.6M-2.04B-10.6M0.5827.90N/AN/A196,564114,6301,027,374767,019
2025-11-25$52.00$45.0059.6%18.3%62.4%20.1%64.3%18.0%0.5%35.7M-2.30B-10.5M0.8036.89N/AN/A116,43092,9541,079,424794,836
2025-11-26$53.66$45.0057.1%16.8%63.8%17.7%64.5%17.9%-1.2%68.5M-2.92B-10.5M0.8736.26N/AN/A143,598124,4841,111,514812,666
2025-11-28$54.05$45.0055.4%16.9%62.9%16.1%65.3%16.7%0.5%86.2M-3.02B-10.2M0.7539.56N/AN/A122,21491,7581,128,126832,903