SQQQ Options History — March 2021

In March 2021, SQQQ traded between $1628.75 and $2011.25. ATM implied volatility averaged 84.4%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 2.5% (HV 20d: 81.9%). Max pain ranged from $1500.00 to $1875.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-03-04: Highest Volume — 4,755 contracts
  • 2021-03-18: Largest IV spike — 14.1% change
  • 2021-03-30: Highest IV Rank — 41.0%
  • 2021-03-04: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1745.87$1628.75$2011.25$1653.75$1632.50
Max Pain$1652.17$1500.00$1875.00$1875.00$1625.00
ATM IV84.4%69.7%103.9%77.1%69.7%
Expected Move24.0%19.3%29.2%21.6%19.3%
HV 20d81.9%56.0%94.2%61.0%80.8%
HV 60d66.7%55.7%71.5%55.7%71.5%
IV Rank34.1%27.2%41.0%27.2%36.8%
IV Percentile38.2%6.0%73.0%22.2%6.0%
Term Structure-1.7%-34.2%1.3%0.6%0.9%
VWIV88.7%71.4%102.4%87.0%71.4%
Skew 25d-28.7%-37.9%-20.5%-34.5%-21.3%
Skew 10d-50.9%-66.0%-30.6%-66.0%-40.5%
Call IV 25d103.2%84.8%126.7%103.0%84.8%
Put IV 25d74.5%63.4%90.1%68.5%63.4%
Bid-Ask Spread %4.021.9912.552.824.66
Gamma HHI0.180.090.500.130.15
Net GEX6.6M3.7M11.8M4.3M3.7M
Net DEX-173.5M-369.0M-79.9M-105.8M-98.3M
Net VEX-787.6K-937.9K-674.2K-749.0K-674.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.130.300.230.17
Total Volume1,739.9576074,7551,2311,039
Total OI4,932.2613,5566,4534,6173,699

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$1653.75$1875.0077.1%21.6%61.0%27.2%87.0%-34.5%0.6%4.3M-105.8M-749.0K0.232.82N/AN/A1,0002313,5121,105
2021-03-02$1707.50$1875.0084.6%23.5%56.0%30.2%91.0%-34.6%-0.3%6.0M-159.9M-820.0K0.162.77N/AN/A8981443,7821,171
2021-03-03$1852.50$1875.0095.9%27.9%59.8%34.8%100.0%-36.1%0.5%6.9M-271.5M-895.1K0.193.18N/AN/A1,8373573,8461,205
2021-03-04$1977.50$1500.00103.9%29.2%63.3%38.0%102.4%-37.9%-1.6%7.2M-369.0M-934.6K0.166.39N/AN/A4,0836723,9501,335
2021-03-05$1866.25$1625.0092.6%26.4%67.2%33.4%97.8%-34.4%-1.6%10.7M-262.2M-903.7K0.225.82N/AN/A3,0836854,1151,478
2021-03-08$2011.25$1625.0098.8%27.9%70.5%35.9%96.9%-28.1%-0.7%6.7M-331.8M-937.9K0.242.46N/AN/A1,5483673,7851,283
2021-03-09$1787.50$1625.0093.9%26.0%84.0%33.9%97.3%-37.1%-3.1%4.6M-158.8M-855.4K0.272.58N/AN/A1,6534383,8061,404
2021-03-10$1801.25$1625.0092.1%25.8%83.7%33.2%93.2%-33.1%-1.8%7.4M-197.5M-887.2K0.1812.55N/AN/A1,5372844,3131,454
2021-03-11$1678.75$1625.0084.3%23.6%88.1%30.1%94.4%-32.1%-2.4%4.6M-92.5M-791.0K0.232.72N/AN/A1,6083634,4071,502
2021-03-12$1731.25$1625.0088.1%25.4%88.2%31.6%91.4%-28.8%0.5%5.7M-158.6M-841.8K0.182.24N/AN/A1,5112684,9441,509
2021-03-15$1690.00$1625.0083.9%24.3%88.5%29.9%88.9%-27.9%-1.3%5.7M-112.9M-765.0K0.262.85N/AN/A6661713,9321,309
2021-03-16$1636.25$1625.0081.4%23.4%89.5%28.9%87.8%-27.9%0.6%5.4M-79.9M-726.8K0.193.66N/AN/A1,3692674,1171,338
2021-03-17$1628.75$1625.0079.9%22.9%89.5%28.3%86.1%-25.0%-34.2%7.3M-87.1M-716.0K0.196.20N/AN/A1,8653474,4781,342
2021-03-18$1770.00$1625.0091.1%26.1%93.9%32.8%95.8%-29.6%-0.1%8.5M-198.3M-797.5K0.241.99N/AN/A1,4713554,3501,413
2021-03-19$1741.25$1625.0083.1%23.7%94.2%35.7%87.5%-25.7%1.0%11.8M-143.3M-759.4K0.223.21N/AN/A1,2112644,3641,522
2021-03-22$1652.50$1625.0074.8%21.2%93.0%34.7%82.4%-24.6%1.3%4.5M-122.1M-693.6K0.192.93N/AN/A1,1052072,865851
2021-03-23$1680.00$1625.0079.4%22.6%93.1%38.4%80.7%-26.0%1.0%5.8M-154.1M-698.4K0.132.63N/AN/A1,0331393,047890
2021-03-24$1746.25$1625.0082.4%23.6%94.1%40.1%82.8%-26.5%1.1%8.2M-219.3M-739.6K0.216.28N/AN/A9452013,324926
2021-03-25$1758.75$1625.0078.5%22.2%88.5%37.9%80.8%-20.5%0.5%8.5M-209.4M-749.7K0.233.09N/AN/A1,5323473,222994
2021-03-26$1732.50$1625.0074.0%21.1%87.2%35.7%77.1%-21.2%1.3%9.1M-166.8M-740.1K0.272.59N/AN/A1,0842953,2531,092
2021-03-29$1698.75$1625.0075.6%22.3%85.2%36.5%86.1%-24.4%-0.2%4.5M-140.8M-724.6K0.234.76N/AN/A7601722,656900
2021-03-30$1720.00$1625.0076.5%21.9%84.5%41.0%80.4%-23.8%-0.1%5.4M-150.9M-714.6K0.304.02N/AN/A4671402,709943
2021-03-31$1632.50$1625.0069.7%19.3%80.8%36.8%71.4%-21.3%0.9%3.7M-98.3M-674.2K0.174.66N/AN/A8881512,734965