SQQQ Options History — November 2018

In November 2018, SQQQ traded between $31375.00 and $41125.00. ATM implied volatility averaged 79.3%, placing in the 60.0% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded below realized volatility by 16.4% (HV 20d: 95.7%). Max pain ranged from $30000.00 to $35000.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-11-07: Highest Volume — 14 contracts
  • 2018-11-12: Largest IV spike — 48.7% change
  • 2018-11-12: Highest IV Rank — 81.9%
  • 2018-11-02: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35917.86$31375.00$41125.00$33375.00$33900.00
Max Pain$32500.00$30000.00$35000.00$32500.00$35000.00
ATM IV79.3%65.4%97.2%81.0%77.7%
Expected Move21.8%18.7%25.0%23.2%22.3%
HV 20d95.7%81.5%102.7%99.5%81.5%
HV 60d69.6%63.1%76.5%63.1%76.1%
IV Rank60.0%42.9%81.9%62.0%58.0%
IV Percentile89.9%81.7%98.8%93.3%88.5%
Term Structure-4.6%-12.0%0.8%-9.0%-7.3%
VWIV79.0%64.6%88.6%88.6%77.4%
Skew 25d-22.0%-28.9%-13.9%-26.5%-14.2%
Skew 10d-37.9%-66.4%-24.4%-38.1%-27.3%
Call IV 25d89.7%79.0%100.6%99.9%83.9%
Put IV 25d67.8%54.3%75.8%73.3%69.7%
Bid-Ask Spread %18.9810.8953.5312.1746.62
Gamma HHI0.190.140.270.180.20
Net GEX1.3M864.0K1.9M1.1M864.0K
Net DEX-57.3M-91.1M-15.9M-45.2M-15.9M
Net VEX-472.1K-549.0K-366.4K-416.6K-530.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.291.490.400.92
Total Volume10.524814108
Total OI88.3337710079100

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$33375.00$32500.0081.0%23.2%99.5%62.0%88.6%-26.5%-9.0%1.1M-45.2M-416.6K0.4012.17N/AN/A735821
2018-11-02$34750.00$32500.0087.1%25.0%99.9%69.5%86.4%-26.0%-12.0%1.3M-59.0M-452.9K0.3917.57N/AN/A836123
2018-11-05$35200.00$30000.0089.8%21.7%99.9%72.8%88.2%-25.8%-3.1%1.4M-66.2M-445.1K0.3713.28N/AN/A726123
2018-11-06$34550.00$30000.0086.8%21.6%100.2%69.1%88.0%-28.5%-4.6%1.3M-51.4M-423.3K0.5413.26N/AN/A536123
2018-11-07$31375.00$30000.0071.6%18.9%98.5%50.5%70.1%-24.7%-3.2%871.9K-18.7M-366.4K0.2916.56N/AN/A1136323
2018-11-08$32000.00$30000.0066.4%18.7%97.8%44.2%64.6%-24.3%-2.3%1.2M-29.4M-390.6K0.3217.71N/AN/A726624
2018-11-09$33125.00$30000.0065.4%18.8%96.5%42.9%72.5%-24.6%0.8%1.5M-46.2M-427.0K0.4016.02N/AN/A836824
2018-11-12$36025.00$30000.0097.2%22.0%101.0%81.9%82.7%-25.4%-6.2%1.8M-78.8M-455.8K0.4315.79N/AN/A946724
2018-11-13$36225.00$30000.0093.7%21.5%96.6%77.5%79.2%-28.9%-4.7%1.8M-77.6M-465.8K0.7116.73N/AN/A646625
2018-11-14$36725.00$32500.0080.9%23.2%96.6%61.9%79.9%-22.4%-5.5%1.9M-82.1M-463.5K0.4315.73N/AN/A736726
2018-11-15$35425.00$32500.0075.9%21.7%95.8%55.7%76.8%-22.3%-5.9%1.7M-65.1M-452.7K0.4121.65N/AN/A946626
2018-11-16$35250.00$32500.0070.8%20.3%95.8%49.5%73.4%-21.3%-2.9%974.2K-64.1M-448.5K0.5116.61N/AN/A846727
2018-11-19$39125.00$32500.0084.2%24.1%101.9%65.9%82.1%-20.7%-7.7%1.2M-76.1M-498.9K0.6713.16N/AN/A755621
2018-11-20$40975.00$32500.0083.6%24.0%102.7%65.2%82.1%-22.4%-4.8%1.2M-90.7M-527.9K0.3210.89N/AN/A1135723
2018-11-21$40025.00$35000.0078.1%22.4%99.0%58.5%77.8%-18.5%-2.1%1.3M-80.7M-529.2K0.5811.42N/AN/A635825
2018-11-23$41125.00$35000.0079.9%22.9%94.7%60.6%80.8%-18.2%-3.4%1.2M-91.1M-549.0K1.3810.95N/AN/A356026
2018-11-26$38400.00$35000.0075.3%21.6%94.0%55.1%79.3%-19.2%-2.9%1.2M-65.0M-525.1K1.4914.75N/AN/A576027
2018-11-27$37975.00$35000.0071.9%20.6%86.7%50.9%76.8%-17.7%-0.7%1.1M-56.5M-542.7K1.3625.34N/AN/A456230
2018-11-28$34500.00$35000.0072.6%20.8%88.9%51.8%75.8%-13.9%-3.9%921.2K-23.3M-490.1K0.6618.83N/AN/A746231
2018-11-29$34225.00$35000.0076.1%21.8%81.9%56.0%77.0%-15.6%-5.2%923.4K-21.1M-511.4K0.8653.53N/AN/A446433
2018-11-30$33900.00$35000.0077.7%22.3%81.5%58.0%77.4%-14.2%-7.3%864.0K-15.9M-530.7K0.9246.62N/AN/A446535