SQQQ Options History — November 2021

In November 2021, SQQQ traded between $738.75 and $846.25. ATM implied volatility averaged 58.9%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 24.0% (HV 20d: 34.9%). Max pain ranged from $750.00 to $812.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.17.

Notable Days

  • 2021-11-10: Highest Volume — 2,458 contracts
  • 2021-11-26: Largest IV spike — 21.7% change
  • 2021-11-30: Highest IV Rank — 54.6%
  • 2021-11-30: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$785.24$738.75$846.25$846.25$788.75
Max Pain$758.93$750.00$812.50$812.50$750.00
ATM IV58.9%48.2%79.3%54.8%79.3%
Expected Move17.1%13.4%23.2%15.4%23.2%
HV 20d34.9%30.4%47.8%36.3%47.8%
HV 60d44.5%43.1%47.9%43.1%47.9%
IV Rank35.0%24.8%54.6%31.1%54.6%
IV Percentile38.0%6.7%84.1%27.4%84.1%
Term Structure1.7%-4.1%15.3%0.8%-2.8%
VWIV65.8%52.8%80.1%56.0%80.1%
Skew 25d-20.3%-32.2%-11.5%-19.4%-29.2%
Skew 10d-30.2%-61.9%-8.9%-48.7%-18.9%
Call IV 25d73.2%61.0%93.8%65.9%92.7%
Put IV 25d52.8%39.7%63.4%46.5%63.4%
Bid-Ask Spread %6.131.7541.1841.187.53
Gamma HHI0.280.170.640.300.19
Net GEX4.5M2.0M11.2M4.2M3.4M
Net DEX-64.6M-120.1M-25.7M-55.5M-91.0M
Net VEX-481.0K-529.6K-402.2K-485.7K-525.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.090.330.180.18
Total Volume1,240.4296772,4586771,310
Total OI6,716.7625,7407,7355,7406,330

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$846.25$812.5054.8%15.4%36.3%31.1%56.0%-19.4%0.8%4.2M-55.5M-485.7K0.1841.18N/AN/A5721054,6731,067
2021-11-02$828.75$812.5048.2%13.4%33.4%24.8%54.6%-21.0%3.6%3.7M-45.4M-466.6K0.144.54N/AN/A7621044,8651,061
2021-11-03$802.50$812.5049.6%13.6%33.9%26.1%52.8%-21.3%2.3%3.1M-27.8M-402.2K0.3320.28N/AN/A1,0313425,1141,081
2021-11-04$776.25$750.0051.5%15.8%33.6%27.9%66.4%-15.8%2.4%2.0M-25.7M-448.2K0.202.29N/AN/A1,3092675,3021,159
2021-11-05$770.00$750.0053.6%16.6%31.6%30.0%63.7%-15.2%0.1%2.7M-39.0M-452.8K0.212.17N/AN/A1,2912725,9991,176
2021-11-08$775.00$750.0055.6%16.7%30.8%31.9%65.4%-16.2%2.8%4.3M-63.2M-485.3K0.133.32N/AN/A9371205,4171,042
2021-11-09$791.25$750.0062.1%16.7%30.4%38.1%70.6%-21.2%-4.0%5.8M-88.8M-527.0K0.102.19N/AN/A1,3211315,8231,083
2021-11-10$828.75$750.0060.3%19.8%37.3%36.4%71.6%-21.1%8.8%7.1M-120.1M-529.6K0.092.63N/AN/A2,2462125,9231,098
2021-11-11$816.25$750.0059.7%19.4%33.1%35.8%69.0%-11.5%15.3%6.6M-101.2M-529.4K0.162.15N/AN/A7711235,9261,196
2021-11-12$792.50$750.0056.5%15.7%33.7%32.8%62.7%-19.3%-2.6%3.8M-68.0M-484.7K0.162.08N/AN/A1,2502046,0981,212
2021-11-15$795.00$750.0056.6%16.1%32.9%32.9%68.4%-19.7%6.3%5.2M-78.2M-506.9K0.162.10N/AN/A6731055,5171,157
2021-11-16$773.75$750.0053.3%15.4%33.3%29.7%62.1%-14.0%1.5%4.8M-55.3M-465.9K0.182.12N/AN/A6881275,7221,186
2021-11-17$770.00$750.0055.1%15.8%33.0%31.4%63.5%-17.4%0.3%4.8M-60.5M-487.2K0.182.18N/AN/A7041285,7441,210
2021-11-18$748.75$750.0055.5%15.8%33.6%31.8%58.6%-15.6%2.2%4.2M-37.4M-429.4K0.141.81N/AN/A1,0661526,0671,214
2021-11-19$738.75$750.0058.8%16.9%31.3%35.0%62.5%-19.7%-1.0%2.5M-30.3M-433.0K0.221.75N/AN/A8701926,5171,218
2021-11-22$746.25$750.0060.6%17.2%31.1%36.7%66.5%-18.8%2.9%3.9M-58.1M-465.2K0.203.36N/AN/A1,1342255,2851,130
2021-11-23$776.25$750.0061.6%17.1%35.5%37.6%63.6%-25.0%1.2%5.7M-89.7M-511.4K0.132.90N/AN/A1,7472275,6091,184
2021-11-24$767.50$750.0062.0%17.5%35.5%38.0%71.4%-26.9%0.2%3.7M-70.8M-503.5K0.167.45N/AN/A8971475,4841,286
2021-11-26$802.50$750.0075.4%21.7%39.7%50.8%79.0%-32.2%-4.1%11.2M-97.3M-501.3K0.147.04N/AN/A1,0881475,5791,321
2021-11-29$755.00$750.0065.8%19.1%44.5%41.6%72.9%-26.4%0.4%2.2M-53.4M-460.9K0.207.70N/AN/A8791734,7611,216
2021-11-30$788.75$750.0079.3%23.2%47.8%54.6%80.1%-29.2%-2.8%3.4M-91.0M-525.6K0.187.53N/AN/A1,1141965,0691,261