SQQQ Options History — December 2021

In December 2021, SQQQ traded between $712.50 and $872.50. ATM implied volatility averaged 68.5%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 2.7% (HV 20d: 65.8%). Max pain ranged from $687.50 to $750.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-12-03: Highest Volume — 2,443 contracts
  • 2021-12-03: Largest IV spike — 22.2% change
  • 2021-12-03: Highest IV Rank — 71.8%
  • 2021-12-03: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$779.03$712.50$872.50$808.75$735.00
Max Pain$747.16$687.50$750.00$750.00$687.50
ATM IV68.5%51.5%97.4%81.0%57.7%
Expected Move19.6%13.9%29.3%24.2%15.2%
HV 20d65.8%47.1%76.0%48.4%69.8%
HV 60d53.3%48.0%56.3%48.2%52.4%
IV Rank41.0%13.2%71.8%56.1%22.7%
IV Percentile59.7%19.4%97.6%86.1%38.1%
Term Structure1.1%-21.4%10.2%0.4%4.1%
VWIV71.2%54.2%107.3%79.8%56.3%
Skew 25d-26.2%-40.2%-15.3%-32.0%-20.5%
Skew 10d-16.8%-66.1%145.8%-57.4%-22.7%
Call IV 25d85.5%65.2%121.2%100.8%70.1%
Put IV 25d59.3%47.4%81.0%68.7%49.6%
Bid-Ask Spread %9.791.9114.133.184.80
Gamma HHI0.310.180.610.190.41
Net GEX3.3M1.5M6.9M3.4M2.8M
Net DEX-80.0M-168.5M-27.5M-102.2M-64.3M
Net VEX-479.6K-590.2K-426.7K-541.9K-443.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.120.320.180.23
Total Volume1,366.4556452,4431,686645
Total OI6,691.7735,7067,4666,4917,170

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$808.75$750.0081.0%24.2%48.4%56.1%79.8%-32.0%0.4%3.4M-102.2M-541.9K0.183.18N/AN/A1,4232635,1461,345
2021-12-02$803.75$750.0079.7%23.4%47.1%54.9%81.6%-34.2%0.6%3.7M-99.2M-541.0K0.134.45N/AN/A1,4611975,3791,407
2021-12-03$872.50$750.0097.4%29.3%53.6%71.8%107.3%-40.2%-0.1%6.9M-168.5M-590.2K0.182.68N/AN/A2,0753685,4581,452
2021-12-06$833.75$750.0077.0%25.3%56.4%52.3%81.4%-39.9%0.4%2.5M-87.7M-494.3K0.249.02N/AN/A1,3663264,7051,258
2021-12-07$765.00$750.0066.9%20.1%64.8%42.7%73.6%-30.8%1.4%2.0M-48.3M-450.7K0.3112.38N/AN/A1,2753905,0151,365
2021-12-08$752.50$750.0064.8%19.1%64.5%40.7%70.6%-26.5%1.3%2.9M-54.3M-451.0K0.1712.53N/AN/A9021575,6141,371
2021-12-09$772.50$750.0066.8%19.8%62.9%42.5%73.6%-28.8%1.5%3.8M-84.5M-496.5K0.1212.77N/AN/A1,1321315,8591,410
2021-12-10$758.75$750.0062.5%18.8%63.0%38.5%75.9%-27.6%1.9%4.3M-74.3M-466.5K0.1412.50N/AN/A1,1501636,0351,431
2021-12-13$778.75$750.0064.3%18.7%63.0%40.2%71.5%-27.6%0.5%3.4M-81.7M-467.3K0.1612.66N/AN/A8151275,4981,247
2021-12-14$815.00$750.0077.9%22.3%65.1%53.2%71.4%-29.6%2.0%4.0M-114.0M-498.1K0.141.91N/AN/A1,7132325,6481,283
2021-12-15$770.00$750.0077.4%18.6%67.7%52.7%68.1%-15.3%-21.4%3.4M-68.5M-450.9K0.2614.13N/AN/A1,7374585,6881,351
2021-12-16$812.50$750.0070.0%18.8%70.3%55.5%68.2%-27.3%-6.2%3.7M-109.3M-504.7K0.3013.33N/AN/A1,3273985,6981,508
2021-12-17$822.50$750.0075.6%23.0%69.4%56.9%74.5%-30.1%7.8%4.2M-122.9M-514.5K0.2013.84N/AN/A1,6143155,7781,545
2021-12-20$855.00$750.0081.3%23.1%70.1%58.6%83.6%-26.4%3.1%2.9M-120.0M-528.9K0.2910.56N/AN/A9112644,4271,279
2021-12-21$802.50$750.0070.3%20.1%74.4%41.9%71.9%-22.1%10.2%2.3M-73.7M-482.0K0.3110.75N/AN/A8482654,5491,415
2021-12-22$771.25$750.0059.1%16.9%74.6%24.8%65.3%-18.3%2.0%1.7M-54.8M-448.0K0.3010.87N/AN/A8122434,7621,418
2021-12-23$740.00$750.0056.8%16.1%76.0%21.4%57.7%-17.4%3.6%1.5M-27.5M-426.7K0.3211.27N/AN/A8902894,9681,441
2021-12-27$712.50$750.0054.6%14.6%74.9%17.9%63.0%-22.6%1.6%2.1M-43.2M-443.6K0.2011.13N/AN/A9851964,8231,211
2021-12-28$715.00$750.0055.0%14.1%72.1%18.6%59.6%-16.3%1.8%3.1M-47.9M-431.6K0.1411.12N/AN/A607835,3431,245
2021-12-29$716.25$750.0051.5%13.9%70.0%13.2%57.0%-23.3%2.9%3.5M-50.6M-435.9K0.1311.20N/AN/A659875,5451,259
2021-12-30$725.00$750.0059.8%15.9%69.4%25.8%54.2%-20.6%3.9%4.1M-61.5M-443.6K0.158.19N/AN/A665985,5921,278
2021-12-31$735.00$687.5057.7%15.2%69.8%22.7%56.3%-20.5%4.1%2.8M-64.3M-443.2K0.234.80N/AN/A5251205,8741,296