TQQQ Options History — January 2026

In January 2026, TQQQ traded between $50.64 and $57.11. ATM implied volatility averaged 53.3%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 13.6% (HV 20d: 39.7%). Max pain ranged from $42.50 to $53.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.73.

Notable Days

2026-01-30: Highest Volume — 405,974 contracts
2026-01-20: Largest IV spike — 26.6% change
2026-01-20: Highest IV Rank — 22.4%
2026-01-20: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.49	$50.64	$57.11	$52.42	$53.97
Max Pain	$50.92	$42.50	$53.00	$42.50	$53.00
ATM IV	53.3%	50.0%	64.1%	52.1%	58.4%
Expected Move	15.2%	14.2%	18.3%	14.2%	16.3%
HV 20d	39.7%	31.9%	42.6%	39.4%	42.6%
HV 60d	49.3%	48.1%	52.6%	52.5%	48.8%
IV Rank	11.9%	8.7%	22.4%	10.7%	16.8%
IV Percentile	41.1%	23.8%	75.8%	35.3%	66.7%
Term Structure	1.1%	-2.2%	4.3%	3.9%	-0.1%
VWIV	54.5%	49.5%	67.7%	49.5%	56.6%
Skew 25d	16.8%	9.7%	24.6%	12.6%	20.2%
Skew 10d	31.3%	22.6%	43.4%	26.8%	38.7%
Call IV 25d	45.4%	41.1%	51.8%	45.8%	49.7%
Put IV 25d	62.2%	56.2%	76.4%	58.4%	69.9%
Bid-Ask Spread %	14.14	8.78	31.88	31.88	18.30
Gamma HHI	0.08	0.04	0.31	0.08	0.07
Net GEX	35.1M	-6.1M	101.7M	186.8K	-6.1M
Net DEX	-1.77B	-2.54B	-695.3M	-1.49B	-1.11B
Net VEX	-8.6M	-8.9M	-8.1M	-8.4M	-8.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.50	0.99	0.74	0.74
Total Volume	268,059.7	176,382	405,974	373,236	405,974
Total OI	1,418,559.05	1,071,021	1,651,385	1,535,416	1,367,770

Daily Data (20 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
2026-01-02	$52.42	$42.50	52.1%	14.2%	39.4%	10.7%	49.5%	12.6%	3.9%	186.8K	-1.49B	-8.4M	0.74	31.88	N/A	N/A	214,769	158,467	860,503	674,913
2026-01-05	$53.73	$51.00	51.5%	14.9%	40.4%	10.2%	55.7%	17.5%	1.7%	19.2M	-1.85B	-8.5M	0.52	10.38	N/A	N/A	149,091	76,786	793,222	639,505
2026-01-06	$55.08	$51.00	51.6%	14.7%	40.9%	10.3%	52.4%	16.1%	2.0%	52.1M	-2.23B	-8.6M	0.71	10.77	N/A	N/A	103,761	73,642	860,065	662,940
2026-01-07	$55.14	$51.00	52.0%	14.8%	40.7%	10.7%	51.2%	13.9%	0.7%	63.0M	-2.30B	-8.7M	0.75	10.75	N/A	N/A	114,606	86,116	885,756	674,504
2026-01-08	$54.16	$50.00	53.0%	15.0%	40.9%	11.6%	53.9%	15.6%	0.8%	44.3M	-1.97B	-8.6M	0.81	10.36	N/A	N/A	115,180	93,361	904,336	690,761
2026-01-09	$55.92	$50.00	50.0%	14.2%	42.2%	8.7%	51.9%	13.7%	2.4%	101.7M	-2.54B	-8.5M	0.68	9.59	N/A	N/A	181,373	123,013	914,950	714,763
2026-01-12	$56.06	$50.00	50.4%	14.3%	41.6%	9.1%	52.3%	9.7%	-1.5%	39.0M	-2.28B	-8.4M	0.76	10.07	N/A	N/A	124,614	94,969	819,717	640,998
2026-01-13	$55.17	$50.00	51.8%	14.8%	36.2%	10.4%	53.2%	19.5%	0.1%	36.1M	-2.10B	-8.5M	0.84	11.88	N/A	N/A	98,490	83,004	876,059	666,789
2026-01-14	$53.48	$51.00	54.1%	15.9%	37.8%	12.7%	55.3%	18.1%	0.6%	9.5M	-1.68B	-8.4M	0.68	15.59	N/A	N/A	180,156	121,686	886,334	691,175
2026-01-15	$54.36	$52.00	51.9%	15.0%	38.2%	10.5%	49.9%	15.6%	0.4%	17.7M	-1.94B	-8.6M	0.61	14.10	N/A	N/A	148,803	91,471	905,651	731,282
2026-01-16	$54.27	$52.00	50.6%	14.7%	31.9%	9.3%	54.3%	17.7%	1.0%	7.0M	-1.89B	-8.4M	0.61	11.25	N/A	N/A	184,123	112,290	918,832	732,553
2026-01-20	$50.64	$52.00	64.1%	18.3%	38.0%	22.4%	67.7%	24.6%	-2.2%	-3.8M	-695.3M	-8.1M	0.99	14.02	N/A	N/A	169,872	168,723	598,005	473,016
2026-01-21	$52.78	$51.00	54.9%	15.8%	39.8%	13.5%	57.5%	18.3%	2.5%	8.0M	-1.09B	-8.6M	0.50	21.50	N/A	N/A	254,048	125,767	654,189	553,690
2026-01-22	$53.69	$51.50	53.1%	15.2%	39.9%	11.7%	52.7%	17.1%	1.1%	38.2M	-1.36B	-8.7M	0.71	18.11	N/A	N/A	134,982	96,438	700,922	567,792
2026-01-23	$54.36	$52.00	51.8%	14.6%	39.9%	10.4%	54.7%	17.6%	2.7%	83.5M	-1.58B	-8.7M	0.82	14.64	N/A	N/A	189,227	155,427	727,696	578,576
2026-01-26	$55.38	$52.00	51.9%	14.4%	40.4%	10.5%	56.1%	15.3%	4.3%	35.0M	-1.59B	-8.7M	0.89	8.78	N/A	N/A	93,302	83,080	657,354	515,912
2026-01-27	$56.63	$52.00	52.1%	14.9%	41.2%	10.7%	53.3%	15.3%	1.4%	49.8M	-1.93B	-8.8M	0.65	10.58	N/A	N/A	107,515	69,779	697,244	537,882
2026-01-28	$57.11	$52.00	53.6%	15.1%	40.8%	12.2%	54.2%	19.0%	0.0%	59.3M	-2.09B	-8.9M	0.87	15.51	N/A	N/A	102,144	88,799	732,059	551,111
2026-01-29	$55.53	$52.50	57.0%	16.3%	42.1%	15.4%	57.7%	17.9%	-0.8%	48.3M	-1.60B	-8.8M	0.76	14.72	N/A	N/A	219,535	166,811	745,990	566,365
2026-01-30	$53.97	$53.00	58.4%	16.3%	42.6%	16.8%	56.6%	20.2%	-0.1%	-6.1M	-1.11B	-8.7M	0.74	18.30	N/A	N/A	233,363	172,611	754,449	613,321