SQQQ Options History — April 2021

In April 2021, SQQQ traded between $1321.25 and $1563.75. ATM implied volatility averaged 63.3%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 8.9% (HV 20d: 54.4%). Max pain ranged from $1250.00 to $1500.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.18.

Notable Days

  • 2021-04-22: Highest Volume — 1,211 contracts
  • 2021-04-19: Largest IV spike — 15.4% change
  • 2021-04-22: Highest IV Rank — 49.5%
  • 2021-04-05: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1383.39$1321.25$1563.75$1563.75$1371.25
Max Pain$1327.38$1250.00$1500.00$1500.00$1250.00
ATM IV63.3%58.0%67.9%64.3%63.4%
Expected Move18.4%16.7%19.8%17.2%18.1%
HV 20d54.4%45.1%77.9%77.1%45.1%
HV 60d69.0%63.6%72.6%71.9%63.9%
IV Rank42.5%33.5%49.5%33.5%45.9%
IV Percentile3.7%1.6%8.7%1.6%5.6%
Term Structure1.2%-3.9%5.4%1.0%-0.9%
VWIV68.8%63.3%73.3%63.3%66.1%
Skew 25d-20.3%-24.6%-14.4%-18.0%-21.4%
Skew 10d-22.5%-47.6%50.6%-32.9%50.6%
Call IV 25d77.4%68.3%83.3%76.6%73.9%
Put IV 25d57.1%50.3%61.2%58.6%52.5%
Bid-Ask Spread %6.712.3620.572.363.34
Gamma HHI0.170.100.610.120.61
Net GEX3.9M2.2M10.8M3.2M10.8M
Net DEX-64.0M-108.0M-28.8M-68.2M-95.2M
Net VEX-587.8K-635.7K-542.8K-622.4K-619.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.130.280.240.15
Total Volume707.6193891,211984792
Total OI3,879.9053,3054,5853,9863,935

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$1563.75$1500.0064.3%17.2%77.1%33.5%63.3%-18.0%1.0%3.2M-68.2M-622.4K0.242.36N/AN/A7931913,019967
2021-04-05$1462.50$1500.0065.0%19.8%77.9%40.8%72.9%-20.7%-3.9%2.6M-51.5M-586.2K0.285.42N/AN/A3791052,609879
2021-04-06$1465.00$1500.0064.9%19.6%71.1%42.8%71.3%-18.9%0.7%3.5M-62.9M-616.1K0.243.96N/AN/A4821142,896942
2021-04-07$1452.50$1375.0062.1%19.3%60.0%40.6%70.5%-17.4%-0.0%3.9M-57.5M-588.4K0.133.45N/AN/A456573,024958
2021-04-08$1413.75$1375.0065.7%18.4%59.8%43.4%70.1%-18.3%-0.1%3.4M-43.0M-569.4K0.183.05N/AN/A537983,153975
2021-04-09$1392.50$1375.0062.7%18.5%55.8%41.1%70.6%-18.2%0.8%2.7M-39.0M-557.7K0.192.89N/AN/A5851103,327987
2021-04-12$1387.50$1375.0062.7%18.4%53.8%41.1%70.7%-18.4%1.0%3.2M-46.5M-542.8K0.143.31N/AN/A535732,868899
2021-04-13$1340.00$1375.0062.2%19.0%54.3%40.7%71.9%-18.7%4.4%2.2M-28.8M-566.7K0.183.13N/AN/A6061113,154923
2021-04-14$1392.50$1375.0065.0%18.6%56.5%42.9%66.4%-17.8%0.2%4.7M-67.9M-583.9K0.163.81N/AN/A7701253,238931
2021-04-15$1323.75$1375.0060.5%18.3%58.4%39.4%64.7%-19.5%4.1%3.0M-34.9M-556.8K0.199.06N/AN/A6711283,405967
2021-04-16$1321.25$1250.0058.0%17.7%47.0%37.5%67.5%-18.0%5.4%2.9M-43.8M-564.8K0.1918.16N/AN/A5431043,614971
2021-04-19$1363.75$1250.0067.0%19.2%49.8%44.4%70.5%-23.9%0.7%3.5M-76.5M-593.2K0.1620.57N/AN/A7371152,515790
2021-04-20$1383.75$1250.0067.9%19.4%48.3%45.1%73.3%-24.6%1.5%4.6M-92.8M-616.7K0.1616.15N/AN/A7411192,703820
2021-04-21$1352.50$1250.0065.0%18.6%47.6%42.8%70.9%-23.0%0.4%4.5M-76.4M-587.6K0.226.35N/AN/A5241152,842893
2021-04-22$1393.75$1250.0067.6%19.3%46.5%49.5%73.3%-23.5%-0.3%5.7M-108.0M-635.7K0.1410.92N/AN/A1,0631482,915910
2021-04-23$1337.50$1250.0059.5%16.7%47.1%42.5%68.4%-22.6%3.2%2.6M-65.7M-589.8K0.263.53N/AN/A6461653,092946
2021-04-26$1321.25$1250.0061.9%17.4%47.1%44.6%67.2%-24.1%0.4%2.7M-62.6M-580.8K0.166.61N/AN/A352572,552847
2021-04-27$1332.50$1250.0060.9%17.1%47.7%43.7%65.2%-22.7%0.4%3.4M-72.3M-587.8K0.212.59N/AN/A322672,691858
2021-04-28$1345.00$1250.0064.1%18.3%47.5%46.4%65.0%-14.4%4.4%4.0M-77.8M-594.8K0.149.68N/AN/A367522,788904
2021-04-29$1335.00$1250.0059.9%16.7%45.1%42.9%64.3%-22.0%0.8%4.1M-72.6M-582.6K0.152.61N/AN/A7851202,861910
2021-04-30$1371.25$1250.0063.4%18.1%45.1%45.9%66.1%-21.4%-0.9%10.8M-95.2M-619.8K0.153.34N/AN/A6911012,990945