SQQQ Options History — August 2020

In August 2020, SQQQ traded between $2623.75 and $3687.50. ATM implied volatility averaged 78.6%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded above realized volatility by 18.0% (HV 20d: 60.6%). Max pain ranged from $1875.00 to $3750.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2020-08-27: Highest Volume — 331 contracts
  • 2020-08-19: Largest IV spike — 720.0% change
  • 2020-08-31: Highest IV Rank — 34.0%
  • 2020-08-07: Largest Expected Move — 26.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3222.92$2623.75$3687.50$3537.50$2623.75
Max Pain$2869.05$1875.00$3750.00$3125.00$2500.00
ATM IV78.6%9.6%94.0%80.9%94.0%
Expected Move22.1%2.8%26.4%22.1%24.8%
HV 20d60.6%49.3%70.5%63.5%49.3%
HV 60d62.5%61.3%64.4%64.4%61.7%
IV Rank23.6%0.0%34.0%20.8%34.0%
IV Percentile57.9%0.0%75.0%59.9%75.0%
Term Structure3.1%-3.1%13.0%0.6%2.7%
VWIV84.8%9.7%104.8%89.0%91.6%
Skew 25d-29.6%-36.5%-24.1%-28.4%-27.4%
Skew 10d-54.8%-83.0%-38.8%-60.6%-55.6%
Call IV 25d103.0%95.6%115.7%104.5%115.7%
Put IV 25d73.3%66.6%88.2%76.1%88.2%
Bid-Ask Spread %17.081.79124.193.5910.87
Gamma HHI0.190.070.350.180.10
Net GEX1.5M40.1K3.2M1.7M860.5K
Net DEX-34.6M-107.8M-8.2M-31.2M-16.8M
Net VEX-240.1K-386.3K-2.5K-377.4K-97.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.070.800.180.13
Total Volume155.810331169245
Total OI720.429651,162940378

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$3537.50$3125.0080.9%22.1%63.5%20.8%89.0%-28.4%0.6%1.7M-31.2M-377.4K0.183.59N/AN/A14326735205
2020-08-04$3550.00$3125.0079.1%21.3%63.5%19.9%86.5%-27.7%1.9%2.4M-37.3M-381.8K0.193.12N/AN/A9718798208
2020-08-05$3506.25$3125.0077.0%20.4%63.3%19.0%80.6%-24.1%0.5%2.4M-32.6M-349.0K0.193.34N/AN/A7515841216
2020-08-06$3362.50$3750.0079.8%22.6%64.0%20.2%89.2%-28.5%1.7%1.6M-15.0M-326.6K0.2016.85N/AN/A14128866221
2020-08-07$3468.75$3750.0082.8%26.4%65.2%21.6%91.4%-25.8%-2.1%2.3M-54.4M-385.4K0.232.38N/AN/A20748931223
2020-08-10$3537.50$3750.0078.0%26.3%64.0%19.4%94.2%-31.0%13.0%2.1M-46.4M-377.0K0.202.05N/AN/A10421783219
2020-08-11$3687.50$3750.0086.9%26.0%66.0%23.4%94.3%-34.9%3.7%2.4M-62.6M-386.3K0.192.48N/AN/A11823804231
2020-08-12$3418.75$3750.0081.5%22.2%70.5%21.0%89.8%-29.1%-1.3%2.0M-36.2M-366.9K0.192.15N/AN/A16531836236
2020-08-13$3393.75$3125.0081.6%22.5%69.7%21.0%104.8%-31.7%-3.1%3.2M-39.7M-337.1K0.071.79N/AN/A17913911229
2020-08-14$3443.75$3125.0082.9%25.6%70.2%21.6%90.3%-26.1%9.7%1.9M-37.9M-335.2K0.121.99N/AN/A11413929233
2020-08-17$3293.75$3125.0075.6%21.3%64.8%18.4%85.9%-31.0%12.5%1.7M-26.0M-308.3K0.081.87N/AN/A1119794199
2020-08-18$3196.25$1875.009.6%2.8%63.7%0.0%9.7%0.0%0.0%40.1K-8.2M-2.5K0.80124.19N/AN/A003134
2020-08-19$3255.00$1875.0078.8%22.6%64.5%27.9%81.8%-30.5%1.9%904.8K-107.8M-308.4K0.2844.82N/AN/A3610499164
2020-08-20$3118.75$1875.0076.4%21.5%57.7%26.9%80.5%-28.5%6.7%370.2K-55.4M-183.0K0.2131.38N/AN/A8218274121
2020-08-21$3078.75$1875.0077.8%21.9%55.0%27.5%84.1%-32.3%2.8%181.0K-47.7M-163.0K0.1928.05N/AN/A8015287126
2020-08-24$3025.00$2750.0081.9%21.7%52.4%29.1%78.5%-32.8%0.0%424.1K-9.6M-43.5K0.1924.42N/AN/A129249335
2020-08-25$2943.75$2500.0078.0%21.1%49.6%27.5%94.2%-36.5%3.1%1.0M-14.4M-62.0K0.1619.87N/AN/A1041717652
2020-08-26$2762.50$2500.0083.9%22.8%52.1%29.9%84.5%-29.6%2.8%702.3K-9.5M-65.7K0.168.48N/AN/A2614121661
2020-08-27$2756.25$2500.0092.2%24.5%52.4%33.3%90.0%-28.4%2.7%1.7M-20.3M-90.1K0.139.19N/AN/A2943737479
2020-08-28$2721.25$2500.0092.9%23.9%51.3%33.6%89.1%-28.5%2.9%1.6M-18.3M-95.8K0.2315.71N/AN/A1473339091
2020-08-31$2623.75$2500.0094.0%24.8%49.3%34.0%91.6%-27.4%2.7%860.5K-16.8M-97.3K0.1310.87N/AN/A2172828989