SQQQ Options History — April 2019

In April 2019, SQQQ traded between $21225.00 and $24450.00. ATM implied volatility averaged 44.2%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 12.0% (HV 20d: 32.2%). Max pain ranged from $20000.00 to $25000.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.23.

Notable Days

  • 2019-04-30: Highest Volume — 9 contracts
  • 2019-04-05: Largest IV drop — 20.7% change
  • 2019-04-25: Highest IV Rank — 21.7%
  • 2019-04-03: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22773.81$21225.00$24450.00$24450.00$21800.00
Max Pain$22261.90$20000.00$25000.00$25000.00$20000.00
ATM IV44.2%36.3%51.0%46.0%46.5%
Expected Move13.2%11.8%14.9%14.2%13.3%
HV 20d32.2%18.5%47.1%47.1%20.2%
HV 60d40.8%33.6%50.6%50.6%34.2%
IV Rank13.4%3.8%21.7%15.6%16.2%
IV Percentile25.2%2.4%51.6%29.4%37.7%
Term Structure2.3%-1.1%4.8%3.7%1.4%
VWIV48.7%43.6%56.0%49.4%45.2%
Skew 25d-15.5%-31.9%-5.6%-12.0%-8.9%
Skew 10d-24.8%-40.3%-9.3%-27.6%-10.6%
Call IV 25d55.2%47.6%63.9%54.1%51.9%
Put IV 25d39.7%29.3%44.0%42.2%43.0%
Bid-Ask Spread %63.5120.6682.6132.1469.78
Gamma HHI0.290.190.700.240.23
Net GEX1.5M695.3K3.9M1.5M1.0M
Net DEX4.4M-3.5M13.0M-1.4M5.3M
Net VEX-409.6K-469.4K-344.1K-448.0K-365.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.050.510.180.16
Total Volume4.3812979
Total OI116.85795134111105

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$24450.00$25000.0046.0%14.2%47.1%15.6%49.4%-12.0%3.7%1.5M-1.4M-448.0K0.1832.14N/AN/A618130
2019-04-02$24125.00$25000.0042.8%14.1%47.0%11.7%51.1%-9.6%4.8%1.5M-1.5M-452.0K0.1361.76N/AN/A418430
2019-04-03$23825.00$22500.0046.5%14.9%45.4%16.2%52.6%-13.4%0.5%1.5M21.7K-451.9K0.1334.82N/AN/A718631
2019-04-04$23875.00$22500.0045.7%14.5%42.1%15.3%50.9%-21.9%2.6%1.6M-3.5M-469.4K0.3820.66N/AN/A319031
2019-04-05$23450.00$22500.0036.3%12.7%41.6%3.8%45.6%-23.7%2.2%1.5M2.5M-443.2K0.2242.91N/AN/A219232
2019-04-08$23275.00$22500.0040.4%12.8%35.9%8.8%52.1%-16.2%3.4%1.5M3.9M-433.4K0.1670.06N/AN/A309332
2019-04-09$23475.00$22500.0039.4%13.3%36.2%7.6%56.0%-31.0%2.0%1.6M-210.4K-449.6K0.4169.13N/AN/A319432
2019-04-10$23175.00$22500.0044.1%12.6%35.6%13.2%49.8%-31.9%3.3%1.6M7.0M-392.1K0.1572.97N/AN/A209532
2019-04-11$23375.00$22500.0046.2%13.2%35.6%15.8%50.4%-27.9%2.0%1.7M-1.8M-447.6K0.2575.54N/AN/A219732
2019-04-12$23050.00$22500.0041.3%11.8%35.2%9.9%45.5%-10.9%2.7%1.6M5.2M-422.9K0.1776.29N/AN/A309832
2019-04-15$23050.00$22500.0042.1%12.1%35.2%10.8%48.8%-14.9%3.6%2.0M3.0M-415.6K0.5177.15N/AN/A119932
2019-04-16$22850.00$22500.0042.3%12.1%35.2%11.1%46.7%-13.1%3.6%1.6M5.9M-409.5K0.1682.61N/AN/A209932
2019-04-17$22575.00$22500.0046.0%13.2%34.3%15.6%48.6%-13.8%2.6%1.5M6.9M-407.7K0.4372.64N/AN/A4210031
2019-04-18$22550.00$22500.0042.0%12.0%31.0%10.7%44.9%-8.6%4.1%3.9M7.5M-392.3K0.2463.97N/AN/A4110232
2019-04-22$22325.00$22500.0042.6%12.2%18.5%11.5%43.6%-5.6%4.5%758.5K8.9M-383.0K0.0568.74N/AN/A306629
2019-04-23$21550.00$22500.0048.5%13.9%20.2%18.6%49.2%-13.3%0.8%695.3K13.0M-358.6K0.0965.06N/AN/A616729
2019-04-24$21525.00$22500.0050.8%14.6%20.1%21.5%48.7%-14.7%-1.1%824.6K8.5M-369.2K0.2466.91N/AN/A317029
2019-04-25$21300.00$20000.0051.0%14.6%19.8%21.7%50.4%-14.4%-0.3%853.7K7.9M-372.4K0.1667.03N/AN/A417229
2019-04-26$21425.00$20000.0046.3%13.3%20.3%16.0%44.8%-8.1%0.3%926.8K6.8M-374.6K0.2971.11N/AN/A317429
2019-04-29$21225.00$20000.0041.5%11.9%19.9%10.2%47.9%-11.2%1.7%919.4K9.6M-344.1K0.3372.47N/AN/A217430
2019-04-30$21800.00$20000.0046.5%13.3%20.2%16.2%45.2%-8.9%1.4%1.0M5.3M-365.4K0.1669.78N/AN/A817530