SQQQ Options History — April 2020

In April 2020, SQQQ traded between $7181.25 and $13875.00. ATM implied volatility averaged 121.8%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 35.0%. IV traded below realized volatility by 43.0% (HV 20d: 164.8%). Max pain ranged from $8125.00 to $12500.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2020-04-14: Highest Volume — 146 contracts
  • 2020-04-02: Largest IV drop — 15.8% change
  • 2020-04-01: Highest IV Rank — 42.2%
  • 2020-04-01: Largest Expected Move — 49.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9318.15$7181.25$13875.00$13875.00$7325.00
Max Pain$9077.38$8125.00$12500.00$12500.00$8125.00
ATM IV121.8%92.5%172.8%172.8%98.6%
Expected Move35.0%26.5%49.5%49.5%27.8%
HV 20d164.8%118.8%210.9%202.1%118.8%
HV 60d143.1%131.9%148.4%131.9%147.9%
IV Rank26.6%17.7%42.2%42.2%19.5%
IV Percentile88.1%81.7%94.4%94.4%82.5%
Term Structure-6.7%-69.8%3.4%-8.9%0.3%
VWIV132.3%98.3%173.8%173.8%100.3%
Skew 25d-50.3%-68.1%-39.6%-63.5%-39.9%
Skew 10d-80.1%-107.1%-60.2%-95.7%-66.3%
Call IV 25d156.1%118.9%213.8%213.8%123.4%
Put IV 25d105.8%79.3%150.3%150.3%83.5%
Bid-Ask Spread %15.617.3144.4118.5111.90
Gamma HHI0.090.060.140.090.11
Net GEX1.9M866.1K2.6M2.0M2.1M
Net DEX-67.2M-177.5M-4.5M-177.5M-44.7M
Net VEX-565.7K-712.1K-460.1K-712.1K-503.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.100.500.180.18
Total Volume88.714411466767
Total OI557.857367777367683

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$13875.00$12500.00172.8%49.5%202.1%42.2%173.8%-63.5%-8.9%2.0M-177.5M-712.1K0.1818.51N/AN/A571027196
2020-04-02$13131.25$10000.00145.4%42.3%201.8%33.8%156.9%-68.1%-8.2%2.1M-142.2M-695.2K0.229.16N/AN/A347271100
2020-04-03$13737.50$10625.00136.4%41.1%201.2%31.1%149.8%-60.8%-8.7%2.5M-160.2M-711.3K0.137.86N/AN/A436280102
2020-04-06$10862.50$10625.00118.0%35.5%210.9%25.5%139.0%-55.3%-6.6%1.3M-38.2M-522.6K0.127.31N/AN/A11014290103
2020-04-07$10287.50$10000.00129.6%36.9%208.9%29.0%143.6%-53.0%-7.2%1.7M-55.2M-561.6K0.1510.18N/AN/A10817342109
2020-04-08$10031.25$9375.00126.8%36.4%205.3%28.2%140.1%-57.9%-4.8%1.9M-62.2M-577.1K0.1610.19N/AN/A8314384111
2020-04-09$9887.50$9375.00126.5%35.6%186.1%28.1%139.4%-49.5%-1.5%2.2M-62.5M-580.5K0.1512.30N/AN/A10115423119
2020-04-13$9562.50$9375.00120.3%34.2%180.7%26.2%138.3%-51.7%1.0%2.1M-53.7M-566.9K0.1610.78N/AN/A6110479123
2020-04-14$8262.50$9375.00111.0%31.8%180.7%23.3%131.3%-42.1%-69.8%866.1K-4.5M-460.1K0.2128.11N/AN/A12026503126
2020-04-15$8493.75$8750.00123.8%35.5%178.4%27.2%133.6%-45.8%-5.7%1.5M-30.8M-504.8K0.1517.23N/AN/A7812566133
2020-04-16$8168.75$8750.00119.9%34.4%163.5%26.0%132.9%-42.1%0.6%1.3M-22.4M-495.6K0.3219.76N/AN/A7624595135
2020-04-17$7950.00$8750.00113.9%33.1%156.1%24.2%126.8%-44.5%-4.3%1.2M-16.4M-479.3K0.4318.44N/AN/A6428634143
2020-04-20$8081.25$8125.00128.1%36.7%144.0%28.5%140.4%-55.4%-4.2%1.5M-51.9M-509.5K0.1010.80N/AN/A909346121
2020-04-21$8950.00$8125.00138.8%39.5%149.3%31.8%146.9%-52.5%-2.8%2.5M-121.9M-643.5K0.1215.90N/AN/A11214404124
2020-04-22$8137.50$8125.00123.3%35.4%128.7%27.1%128.9%-61.0%-3.0%2.2M-84.4M-611.7K0.5019.54N/AN/A4523430129
2020-04-23$8193.75$8125.00121.8%34.0%128.7%26.6%131.0%-49.4%-2.9%2.6M-81.7M-594.6K0.1818.18N/AN/A6211447145
2020-04-24$7850.00$8125.00104.9%29.6%128.1%21.5%110.2%-41.1%0.3%2.0M-48.1M-540.8K0.1313.88N/AN/A649472148
2020-04-27$7675.00$8125.0099.2%29.0%127.7%19.7%105.9%-43.2%3.4%1.8M-42.1M-506.1K0.149.95N/AN/A7210435140
2020-04-28$8037.50$8125.00105.2%31.2%128.2%21.5%111.8%-40.5%-9.4%2.4M-84.8M-607.5K0.2313.39N/AN/A5112470145
2020-04-29$7181.25$8125.0092.5%26.5%131.5%17.7%98.3%-39.6%1.2%1.5M-26.1M-496.0K0.2144.41N/AN/A7816484154
2020-04-30$7325.00$8125.0098.6%27.8%118.8%19.5%100.3%-39.9%0.3%2.1M-44.7M-503.5K0.1811.90N/AN/A5710525158