SQQQ Options History — February 2020

In February 2020, SQQQ traded between $9993.75 and $15668.75. ATM implied volatility averaged 65.9%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 11.7% (HV 20d: 54.2%). Max pain ranged from $11250.00 to $11875.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.24.

Notable Days

  • 2020-02-28: Highest Volume — 130 contracts
  • 2020-02-24: Largest IV spike — 33.4% change
  • 2020-02-28: Highest IV Rank — 36.6%
  • 2020-02-28: Largest Expected Move — 44.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11500.99$9993.75$15668.75$12156.25$15668.75
Max Pain$11710.53$11250.00$11875.00$11875.00$11875.00
ATM IV65.9%48.2%154.5%53.1%154.5%
Expected Move19.1%13.8%44.3%15.2%44.3%
HV 20d54.2%41.8%80.7%41.8%80.7%
HV 60d38.8%32.2%54.7%32.2%54.7%
IV Rank9.6%4.2%36.6%5.7%36.6%
IV Percentile69.1%49.2%99.6%64.3%99.6%
Term Structure-3.0%-32.7%3.5%1.1%-32.7%
VWIV70.3%52.4%157.4%58.9%157.4%
Skew 25d-24.7%-70.2%-13.8%-22.5%-70.2%
Skew 10d-45.1%-101.8%-28.6%-35.9%-101.8%
Call IV 25d82.7%59.2%201.5%69.8%201.5%
Put IV 25d58.0%39.0%131.2%47.3%131.2%
Bid-Ask Spread %39.8227.5862.4730.1427.77
Gamma HHI0.140.080.200.160.08
Net GEX1.6M1.1M2.2M1.8M2.0M
Net DEX-35.7M-232.5M20.4M-26.7M-232.5M
Net VEX-498.4K-779.5K-401.2K-473.2K-779.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.080.450.200.18
Total Volume53.1051813029130
Total OI315.421239387239387

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$12156.25$11875.0053.1%15.2%41.8%5.7%58.9%-22.5%1.1%1.8M-26.7M-473.2K0.2030.14N/AN/A24516772
2020-02-04$11287.50$11875.0048.2%13.8%48.4%4.2%52.4%-19.7%3.1%1.3M916.5K-421.5K0.1639.09N/AN/A41717274
2020-02-05$11187.50$11250.0049.1%14.1%48.3%4.4%52.7%-20.2%3.5%1.5M-3.7M-432.6K0.2237.17N/AN/A31718776
2020-02-06$10962.50$11875.0048.9%15.3%48.0%4.4%59.0%-16.6%0.2%1.6M-2.9M-437.1K0.3531.23N/AN/A17619778
2020-02-07$11037.50$11875.0051.2%15.9%48.2%5.1%58.7%-15.3%-0.5%1.8M-9.7M-458.2K0.1449.76N/AN/A31420581
2020-02-10$10725.00$11875.0048.2%15.0%48.6%4.2%61.2%-14.0%1.2%1.7M4.0M-408.5K0.3051.31N/AN/A25821583
2020-02-11$10643.75$11875.0050.0%15.1%47.9%4.7%59.6%-13.8%1.9%1.6M1.7M-439.3K0.4534.54N/AN/A231022385
2020-02-12$10356.25$11875.0050.5%14.5%48.2%4.9%53.4%-18.0%2.7%1.4M13.3M-411.3K0.4435.18N/AN/A13622987
2020-02-13$10406.25$11875.0051.8%14.9%48.1%5.3%54.5%-16.9%1.7%1.6M9.6M-422.4K0.2656.57N/AN/A21523490
2020-02-14$10350.00$11875.0051.9%14.9%47.5%5.3%52.8%-18.2%2.4%1.5M11.7M-428.6K0.1240.22N/AN/A16224094
2020-02-18$10268.75$11875.0049.0%14.0%47.5%4.4%56.9%-19.0%2.9%1.6M13.1M-416.4K0.0840.31N/AN/A20224894
2020-02-19$9993.75$11875.0050.7%14.5%47.9%4.9%55.2%-17.6%2.6%1.2M20.4M-401.2K0.4150.12N/AN/A17725394
2020-02-20$10287.50$11250.0052.0%14.9%49.8%5.3%59.2%-20.4%0.6%1.8M4.3M-433.6K0.1562.47N/AN/A41625994
2020-02-21$10906.25$11250.0060.3%17.3%55.0%7.9%64.6%-27.4%-0.1%1.1M-28.7M-497.3K0.1652.40N/AN/A56926496
2020-02-24$11968.75$11250.0080.5%23.1%64.1%14.0%81.8%-34.9%-7.2%1.5M-59.8M-576.7K0.4529.76N/AN/A843718882
2020-02-25$12987.50$11250.0093.8%26.9%67.8%18.1%90.7%-34.8%-12.1%1.8M-109.0M-641.7K0.2032.88N/AN/A9319210112
2020-02-26$12875.00$11875.0092.3%26.5%65.4%17.6%91.3%-29.1%-9.9%2.1M-105.6M-660.2K0.1528.08N/AN/A6510227125
2020-02-27$14450.00$11875.00116.8%33.5%76.6%25.1%114.9%-40.4%-18.7%2.2M-179.2M-730.9K0.1527.58N/AN/A9714242129
2020-02-28$15668.75$11875.00154.5%44.3%80.7%36.6%157.4%-70.2%-32.7%2.0M-232.5M-779.5K0.1827.77N/AN/A11020252135