SQQQ Options History — May 2018

In May 2018, SQQQ traded between $37275.00 and $43425.00. ATM implied volatility averaged 47.2%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 4.2% (HV 20d: 51.5%). Max pain ranged from $37500.00 to $45000.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2018-05-04: Highest Volume — 6 contracts
  • 2018-05-15: Largest IV spike — 13.3% change
  • 2018-05-01: Highest IV Rank — 43.6%
  • 2018-05-01: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39145.45$37275.00$43425.00$43200.00$37375.00
Max Pain$40340.91$37500.00$45000.00$42500.00$37500.00
ATM IV47.2%42.3%57.1%57.1%43.3%
Expected Move13.6%12.1%16.4%16.4%12.4%
HV 20d51.5%33.5%67.9%67.9%34.2%
HV 60d69.1%65.8%76.5%76.5%65.8%
IV Rank28.0%20.4%43.6%43.6%20.9%
IV Percentile64.5%51.6%84.5%84.5%53.6%
Term Structure1.4%-1.2%2.6%-1.2%1.9%
VWIV51.0%43.1%61.2%61.2%43.1%
Skew 25d-15.7%-20.2%-10.4%-19.2%-10.4%
Skew 10d-34.5%-52.9%-22.9%-26.5%-27.8%
Call IV 25d58.0%49.3%69.5%69.5%49.3%
Put IV 25d42.3%37.5%50.3%50.3%38.9%
Bid-Ask Spread %17.036.7551.659.7511.29
Gamma HHI0.160.110.310.120.17
Net GEX1.1M869.6K1.7M1.2M1.1M
Net DEX-14.1M-36.0M-1.8M-33.7M-12.8M
Net VEX-359.5K-429.2K-251.7K-429.2K-344.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.240.650.650.45
Total Volume43633
Total OI53.13647625052

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$43200.00$42500.0057.1%16.4%67.9%43.6%61.2%-19.2%-1.2%1.2M-33.7M-429.2K0.659.75N/AN/A213614
2018-05-02$43175.00$42500.0053.6%15.4%64.9%38.2%56.1%-15.5%1.5%1.3M-30.0M-403.1K0.5751.65N/AN/A213614
2018-05-03$43425.00$45000.0055.6%15.9%64.8%41.3%57.5%-19.8%1.2%1.2M-36.0M-424.3K0.4117.75N/AN/A313614
2018-05-04$40900.00$45000.0050.0%14.6%61.6%32.7%57.9%-20.2%2.3%1.1M-17.5M-389.0K0.4218.12N/AN/A423615
2018-05-07$40075.00$45000.0051.7%14.6%61.1%35.3%55.5%-17.4%1.2%1.1M-15.7M-380.3K0.4815.17N/AN/A313715
2018-05-08$40300.00$42500.0049.3%14.6%58.7%31.6%53.7%-19.0%2.3%1.2M-15.4M-379.4K0.3915.11N/AN/A313815
2018-05-09$39000.00$42500.0051.1%14.7%59.1%34.1%55.3%-16.4%1.2%1.0M-7.7M-360.6K0.2936.93N/AN/A413915
2018-05-10$37750.00$42500.0045.7%13.1%58.7%25.6%52.8%-15.9%2.0%1.0M-2.5M-343.1K0.5112.80N/AN/A324015
2018-05-11$37825.00$42500.0043.6%12.5%57.8%22.4%49.6%-13.2%2.6%1.2M-4.4M-348.4K0.6013.94N/AN/A214215
2018-05-14$37550.00$40000.0044.5%12.8%57.5%23.8%47.7%-13.8%2.1%1.2M-1.8M-336.9K0.3722.61N/AN/A314315
2018-05-15$39075.00$40000.0050.4%14.5%55.1%33.0%47.5%-14.7%1.6%1.7M-14.0M-343.0K0.2419.09N/AN/A514415
2018-05-16$38125.00$40000.0044.5%12.7%55.7%23.7%49.7%-13.4%1.8%1.5M-8.4M-350.2K0.3116.91N/AN/A314515
2018-05-17$38450.00$40000.0045.3%13.0%55.0%25.0%45.0%-17.0%1.2%1.7M-11.9M-360.0K0.2915.29N/AN/A514615
2018-05-18$38950.00$37500.0047.1%13.5%51.1%27.8%49.2%-17.2%2.4%879.2K-15.9M-368.9K0.4413.45N/AN/A314715
2018-05-21$38725.00$37500.0043.1%12.4%50.8%21.7%49.2%-13.8%1.6%869.6K-16.1M-364.8K0.4712.70N/AN/A313413
2018-05-22$38525.00$37500.0043.8%12.6%41.8%22.7%48.7%-14.4%1.9%897.7K-14.2M-356.0K0.4914.20N/AN/A213513
2018-05-23$37875.00$37500.0042.9%12.3%41.9%21.3%50.9%-16.7%0.8%926.7K-11.3M-344.1K0.2714.84N/AN/A313613
2018-05-24$37750.00$37500.0042.3%12.1%33.6%20.4%46.9%-13.4%1.0%991.5K-12.1M-349.4K0.4212.44N/AN/A213613
2018-05-25$37675.00$37500.0042.5%12.2%33.5%20.7%44.3%-11.8%1.7%973.9K-1.8M-251.7K0.3912.38N/AN/A213713
2018-05-29$38200.00$37500.0048.0%13.8%33.5%29.2%54.5%-16.6%-0.5%1.1M-17.7M-359.7K0.2711.57N/AN/A313713
2018-05-30$37275.00$37500.0043.9%12.6%34.1%21.9%46.4%-15.8%0.5%1.0M-9.3M-323.1K0.326.75N/AN/A213814
2018-05-31$37375.00$37500.0043.3%12.4%34.2%20.9%43.1%-10.4%1.9%1.1M-12.8M-344.4K0.4511.29N/AN/A213814