SQQQ Options History — December 2018

In December 2018, SQQQ traded between $32275.00 and $52375.00. ATM implied volatility averaged 89.1%, placing in the 71.0% IV rank vs the trailing year. The 30-day expected move averaged 25.1%. IV traded above realized volatility by 2.0% (HV 20d: 87.2%). Max pain ranged from $35000.00 to $40000.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.54.

Notable Days

  • 2018-12-06: Highest Volume — 19 contracts
  • 2018-12-04: Largest IV spike — 22.4% change
  • 2018-12-24: Highest IV Rank — 100.0%
  • 2018-12-24: Largest Expected Move — 33.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40322.50$32275.00$52375.00$32275.00$42200.00
Max Pain$37625.00$35000.00$40000.00$35000.00$40000.00
ATM IV89.1%65.3%115.7%65.3%96.7%
Expected Move25.1%18.7%33.2%18.7%27.7%
HV 20d87.2%77.7%106.5%81.9%100.4%
HV 60d83.4%76.8%93.4%76.8%92.8%
IV Rank71.0%42.8%100.0%42.8%77.8%
IV Percentile92.9%75.4%100.0%75.4%96.4%
Term Structure-2.5%-8.1%4.2%-2.6%-3.9%
VWIV88.2%68.1%114.2%68.1%99.5%
Skew 25d-22.4%-28.9%-12.8%-12.8%-25.7%
Skew 10d-37.6%-48.3%-26.7%-26.7%-45.6%
Call IV 25d101.5%73.8%133.1%73.8%112.3%
Put IV 25d79.2%61.0%104.9%61.0%86.6%
Bid-Ask Spread %57.6546.5967.9748.8058.01
Gamma HHI0.150.120.220.220.13
Net GEX738.3K387.8K1.1M717.8K501.6K
Net DEX-72.8M-219.9M4.6M4.6M-62.4M
Net VEX-666.3K-743.9K-477.5K-477.5K-724.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.191.791.790.52
Total Volume11.95419164
Total OI119.95101142102109

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$32275.00$35000.0065.3%18.7%81.9%42.8%68.1%-12.8%-2.6%717.8K4.6M-477.5K1.7948.80N/AN/A6106636
2018-12-04$35600.00$35000.0079.9%22.9%89.4%60.7%80.2%-17.6%-8.1%782.5K-30.5M-581.7K0.3246.59N/AN/A836740
2018-12-05$35725.00$35000.0082.1%23.5%89.2%63.4%81.3%-16.3%-7.6%805.3K-31.7M-581.2K0.3451.41N/AN/A936740
2018-12-06$35250.00$37500.0082.3%21.3%81.6%63.7%76.7%-22.9%-1.9%790.4K-31.8M-582.9K0.8261.79N/AN/A1096842
2018-12-07$37225.00$37500.0084.0%22.3%83.3%65.7%75.6%-23.8%-0.2%793.0K-42.0M-640.0K1.7267.97N/AN/A357047
2018-12-10$37250.00$37500.0090.4%22.7%82.7%73.6%80.6%-21.9%-1.4%818.1K-39.9M-648.3K0.1960.72N/AN/A1437249
2018-12-11$36600.00$37500.0085.7%22.3%77.7%67.7%77.4%-21.3%-0.4%774.1K-29.1M-655.7K0.4064.54N/AN/A527351
2018-12-12$35450.00$37500.0074.2%21.3%78.5%53.7%73.6%-21.9%0.3%719.8K-12.2M-640.1K0.4061.20N/AN/A737552
2018-12-13$35975.00$37500.0072.1%20.7%78.6%51.2%74.1%-22.4%1.4%882.4K-21.8M-653.8K0.7967.16N/AN/A437853
2018-12-14$38875.00$37500.0083.1%23.8%82.1%64.6%80.8%-19.1%0.1%946.7K-65.4M-694.5K0.2460.97N/AN/A927855
2018-12-17$42150.00$37500.0091.0%26.1%86.3%74.2%86.4%-20.6%-4.6%1.0M-116.2M-698.7K0.3061.25N/AN/A937856
2018-12-18$40075.00$37500.0084.2%24.1%81.0%66.0%84.8%-21.5%1.8%952.7K-88.2M-689.5K0.8658.34N/AN/A658058
2018-12-19$43400.00$37500.0086.7%24.8%84.2%69.0%85.4%-20.8%4.2%1.1M-140.5M-704.2K0.3761.31N/AN/A1048160
2018-12-20$45500.00$37500.0096.3%27.6%85.0%80.8%95.1%-23.5%-1.8%986.6K-172.7M-712.4K0.4256.13N/AN/A1148061
2018-12-21$49475.00$37500.00100.9%28.9%89.1%86.4%97.7%-23.3%-1.0%451.0K-219.9M-715.9K0.3853.13N/AN/A1147963
2018-12-24$52375.00$37500.00115.7%33.2%85.7%100.0%114.2%-28.2%-7.3%497.3K-146.1M-730.9K0.2448.91N/AN/A1135744
2018-12-26$44475.00$40000.00104.8%30.1%106.5%87.3%112.3%-27.2%-7.1%387.8K-76.0M-706.6K0.1955.77N/AN/A1435645
2018-12-27$43500.00$40000.00104.7%30.0%100.0%87.2%112.5%-28.1%-8.1%420.5K-68.5M-743.3K0.2955.63N/AN/A726046
2018-12-28$43075.00$40000.00102.4%29.4%100.0%84.4%108.5%-28.9%-2.5%433.5K-66.1M-743.9K0.2953.45N/AN/A826146
2018-12-31$42200.00$40000.0096.7%27.7%100.4%77.8%99.5%-25.7%-3.9%501.6K-62.4M-724.7K0.5258.01N/AN/A316346