SQQQ Options History — March 2019

In March 2019, SQQQ traded between $24225.00 and $29925.00. ATM implied volatility averaged 47.4%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 9.5% (HV 20d: 37.9%). Max pain ranged from $25000.00 to $30000.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.14.

Notable Days

  • 2019-03-08: Highest Volume — 12 contracts
  • 2019-03-07: Largest IV spike — 21.3% change
  • 2019-03-07: Highest IV Rank — 30.2%
  • 2019-03-07: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26883.33$24225.00$29925.00$28050.00$25450.00
Max Pain$27023.81$25000.00$30000.00$30000.00$25000.00
ATM IV47.4%38.5%58.0%38.5%44.1%
Expected Move14.3%11.0%16.6%11.0%14.3%
HV 20d37.9%29.2%46.3%31.6%45.6%
HV 60d65.5%53.2%74.6%74.6%53.3%
IV Rank17.3%6.5%30.2%6.5%13.3%
IV Percentile31.2%4.0%57.5%4.0%23.4%
Term Structure3.0%0.0%7.7%7.7%6.2%
VWIV54.9%46.5%61.8%46.5%53.3%
Skew 25d-17.5%-27.2%-10.3%-18.0%-27.2%
Skew 10d-32.5%-51.3%0.9%-31.4%-43.5%
Call IV 25d59.6%51.6%69.4%51.6%57.4%
Put IV 25d42.2%30.1%53.3%33.6%30.1%
Bid-Ask Spread %37.9111.6465.5411.6455.35
Gamma HHI0.200.150.280.250.18
Net GEX1.4M925.6K2.0M1.3M1.6M
Net DEX-1.9M-17.4M14.8M11.8M-11.5M
Net VEX-476.2K-538.6K-414.9K-449.6K-487.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.060.290.290.20
Total Volume7.52431255
Total OI106.23890125100108

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$28050.00$30000.0038.5%11.0%31.6%6.5%46.5%-18.0%7.7%1.3M11.8M-449.6K0.2911.64N/AN/A416733
2019-03-04$28250.00$30000.0041.9%12.0%31.5%10.6%51.1%-19.3%1.1%1.4M6.9M-462.1K0.1619.00N/AN/A916834
2019-03-05$27850.00$30000.0043.2%12.4%30.5%12.2%50.1%-18.8%2.4%1.4M9.9M-455.4K0.0730.21N/AN/A816934
2019-03-06$28575.00$30000.0047.8%13.7%30.2%17.8%51.9%-23.4%2.0%1.7M-605.2K-491.7K0.2035.73N/AN/A517434
2019-03-07$29700.00$30000.0058.0%16.6%33.3%30.2%57.2%-22.2%1.7%2.0M-15.7M-526.1K0.1925.26N/AN/A927635
2019-03-08$29925.00$30000.0052.7%15.1%29.2%23.8%55.8%-22.9%0.9%2.0M-17.2M-538.6K0.1625.06N/AN/A1027535
2019-03-11$27950.00$27500.0045.1%14.2%37.4%14.5%56.8%-21.0%2.5%1.3M7.5M-477.1K0.1427.00N/AN/A817535
2019-03-12$27425.00$27500.0046.6%14.1%37.7%16.3%53.5%-17.0%2.8%1.3M10.9M-467.4K0.1635.38N/AN/A617936
2019-03-13$26700.00$27500.0046.8%14.3%35.8%16.6%51.5%-19.3%3.7%1.2M14.8M-447.2K0.0736.25N/AN/A1018236
2019-03-14$26925.00$27500.0046.9%14.4%36.2%16.6%56.6%-15.4%1.7%1.7M7.3M-466.6K0.1151.16N/AN/A408835
2019-03-15$26300.00$27500.0048.8%14.6%36.8%19.0%52.2%-23.4%2.5%1.0M12.6M-447.2K0.2154.90N/AN/A719035
2019-03-18$26075.00$25000.0042.0%13.4%36.8%10.7%53.3%-13.1%4.7%1.2M-4.0M-446.8K0.1538.18N/AN/A316228
2019-03-19$26075.00$25000.0045.3%13.8%36.8%14.7%56.7%-13.7%2.3%1.2M-4.4M-453.3K0.2253.10N/AN/A416329
2019-03-20$25350.00$25000.0046.0%14.1%37.4%15.6%60.7%-15.9%3.5%1.1M2.3M-440.7K0.0765.54N/AN/A506529
2019-03-21$24225.00$25000.0049.4%14.4%38.7%19.6%54.1%-11.3%1.8%925.6K8.4M-414.9K0.0638.49N/AN/A1116729
2019-03-22$25800.00$25000.0054.4%15.9%46.3%25.8%58.0%-12.5%0.0%1.4M-15.7M-514.7K0.1032.18N/AN/A1017429
2019-03-25$25975.00$25000.0053.0%15.9%46.1%24.0%61.8%-16.4%2.3%1.4M-17.4M-518.7K0.0741.04N/AN/A917429
2019-03-26$25975.00$25000.0049.0%15.2%46.1%19.2%57.1%-12.7%3.7%1.4M-11.8M-472.9K0.0842.01N/AN/A607530
2019-03-27$26000.00$25000.0050.0%15.5%45.9%20.5%58.5%-10.3%3.7%1.5M-17.2M-514.9K0.0936.95N/AN/A507730
2019-03-28$25975.00$25000.0045.6%14.7%45.8%15.1%55.5%-12.7%6.8%1.6M-16.4M-507.0K0.0841.75N/AN/A307830
2019-03-29$25450.00$25000.0044.1%14.3%45.6%13.3%53.3%-27.2%6.2%1.6M-11.5M-487.6K0.2055.35N/AN/A417830