SQQQ Options History — March 2022

In March 2022, SQQQ traded between $781.75 and $1282.50. ATM implied volatility averaged 91.9%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded below realized volatility by 7.0% (HV 20d: 98.9%). Max pain ranged from $150.00 to $875.00. 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

2022-03-18: Highest Volume — 5,869 contracts
2022-03-02: Largest IV drop — 17.1% change
2022-03-07: Highest IV Rank — 53.5%
2022-03-07: Largest Expected Move — 36.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1016.49	$781.75	$1282.50	$1080.25	$827.75
Max Pain	$481.82	$150.00	$875.00	$175.00	$800.00
ATM IV	91.9%	69.2%	116.2%	114.4%	75.0%
Expected Move	27.5%	20.6%	36.3%	32.9%	22.5%
HV 20d	98.9%	89.5%	107.1%	91.6%	96.3%
HV 60d	85.2%	77.7%	91.0%	79.5%	90.8%
IV Rank	35.8%	19.3%	53.5%	52.2%	23.5%
IV Percentile	86.4%	66.3%	99.2%	99.2%	75.0%
Term Structure	-1.1%	-10.4%	2.3%	-10.4%	1.9%
VWIV	99.9%	80.4%	125.0%	117.3%	82.8%
Skew 25d	-29.7%	-38.0%	-23.4%	-36.4%	-24.3%
Skew 10d	-48.6%	-60.9%	-29.8%	-32.7%	-46.5%
Call IV 25d	110.0%	86.5%	139.2%	128.1%	90.4%
Put IV 25d	80.3%	63.0%	102.3%	91.6%	66.2%
Bid-Ask Spread %	6.77	2.96	11.63	7.89	4.81
Gamma HHI	0.07	0.05	0.21	0.06	0.08
Net GEX	5.7M	1.0M	12.2M	4.7M	9.7M
Net DEX	-662.0M	-1.08B	-263.1M	-821.4M	-399.7M
Net VEX	-851.8K	-957.2K	-706.7K	-914.5K	-882.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.12	0.37	0.17	0.16
Total Volume	3,957.783	2,521	5,869	3,217	3,180
Total OI	17,256.87	14,193	20,533	16,760	18,126

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$1080.25	$175.00	114.4%	32.9%	91.6%	52.2%	117.3%	-36.4%	-10.4%	4.7M	-821.4M	-914.5K	0.17	7.89	N/A	N/A	2,748	469	10,628	6,132
2022-03-02	$1005.50	$175.00	94.8%	28.0%	94.9%	37.9%	107.4%	-32.2%	-0.3%	3.6M	-707.6M	-820.4K	0.20	8.74	N/A	N/A	2,100	421	11,224	6,231
2022-03-03	$1070.75	$175.00	103.5%	30.6%	96.3%	44.2%	108.1%	-32.7%	-1.7%	8.4M	-845.2M	-914.2K	0.28	7.02	N/A	N/A	2,708	746	11,836	6,265
2022-03-04	$1112.50	$175.00	108.4%	31.6%	89.5%	47.9%	110.4%	-25.8%	-8.3%	12.2M	-954.2M	-911.5K	0.25	7.39	N/A	N/A	3,350	834	12,152	6,515
2022-03-07	$1212.00	$175.00	116.2%	36.3%	91.7%	53.5%	124.6%	-38.0%	-3.3%	4.9M	-1.01B	-881.0K	0.31	8.06	N/A	N/A	2,527	788	10,228	5,920
2022-03-08	$1230.50	$200.00	115.4%	36.2%	91.4%	52.9%	125.0%	-31.0%	0.1%	5.9M	-1.05B	-914.7K	0.32	10.35	N/A	N/A	3,169	1,004	10,655	6,272
2022-03-09	$1099.50	$200.00	105.1%	32.6%	100.6%	45.4%	117.2%	-35.6%	-1.6%	4.3M	-817.4M	-926.4K	0.25	8.47	N/A	N/A	3,010	752	10,851	6,513
2022-03-10	$1146.75	$200.00	105.0%	32.0%	97.8%	45.4%	113.6%	-32.4%	-1.0%	8.1M	-928.1M	-957.2K	0.22	11.63	N/A	N/A	2,953	656	11,930	6,669
2022-03-11	$1205.00	$200.00	104.3%	32.4%	96.8%	44.9%	112.7%	-28.0%	-1.2%	10.2M	-1.04B	-923.7K	0.28	7.92	N/A	N/A	2,913	816	12,104	6,729
2022-03-14	$1282.50	$150.00	111.0%	31.1%	95.1%	49.7%	106.5%	-29.3%	-2.6%	5.1M	-1.08B	-882.5K	0.37	8.95	N/A	N/A	2,100	767	10,340	6,165
2022-03-15	$1169.25	$150.00	104.6%	29.7%	101.8%	45.0%	105.9%	-29.1%	-1.7%	4.3M	-884.6M	-903.5K	0.26	8.00	N/A	N/A	2,280	595	10,491	6,429
2022-03-16	$1061.25	$150.00	88.9%	26.9%	104.9%	33.6%	95.4%	-30.6%	-2.0%	3.3M	-717.2M	-848.4K	0.15	8.94	N/A	N/A	4,498	680	11,128	6,509
2022-03-17	$1001.75	$0.00	83.3%	24.9%	107.0%	29.5%	95.3%	-30.8%	0.3%	3.3M	-632.5M	-854.2K	0.21	8.23	N/A	N/A	3,819	821	12,414	6,609
2022-03-18	$938.75	$875.00	77.5%	23.6%	105.7%	25.3%	88.8%	-27.5%	-1.8%	1.0M	-528.8M	-831.3K	0.25	2.96	N/A	N/A	4,696	1,173	13,791	6,742
2022-03-21	$958.00	$875.00	83.0%	24.2%	105.1%	29.3%	90.8%	-36.7%	0.9%	5.8M	-429.5M	-757.8K	0.12	5.84	N/A	N/A	4,127	482	9,580	4,613
2022-03-22	$886.25	$875.00	76.9%	22.7%	107.1%	24.9%	89.4%	-25.0%	0.3%	4.3M	-337.8M	-734.1K	0.15	5.32	N/A	N/A	4,083	626	10,740	4,749
2022-03-23	$912.75	$850.00	80.1%	24.2%	103.3%	27.2%	89.2%	-29.9%	1.0%	8.4M	-417.5M	-827.2K	0.14	6.61	N/A	N/A	3,922	560	11,855	5,006
2022-03-24	$873.50	$850.00	76.4%	22.9%	100.0%	24.5%	85.8%	-27.0%	1.1%	4.3M	-337.2M	-788.3K	0.14	3.47	N/A	N/A	3,399	491	12,159	5,132
2022-03-25	$877.75	$850.00	74.6%	22.7%	98.9%	23.2%	84.1%	-27.1%	0.9%	5.4M	-358.9M	-827.1K	0.20	3.83	N/A	N/A	3,683	754	12,975	5,188
2022-03-28	$832.00	$850.00	72.5%	21.8%	100.1%	21.6%	84.1%	-26.0%	1.5%	3.5M	-316.3M	-748.1K	0.16	3.38	N/A	N/A	2,752	446	9,828	4,528
2022-03-29	$781.75	$825.00	69.2%	20.6%	99.9%	19.3%	83.1%	-23.4%	1.1%	2.9M	-263.1M	-706.7K	0.13	3.87	N/A	N/A	4,417	585	10,890	4,666
2022-03-30	$813.25	$825.00	74.2%	22.3%	99.5%	22.8%	80.4%	-23.9%	2.3%	7.4M	-354.3M	-836.2K	0.13	4.01	N/A	N/A	3,646	483	12,610	4,791
2022-03-31	$827.75	$800.00	75.0%	22.5%	96.3%	23.5%	82.8%	-24.3%	1.9%	9.7M	-399.7M	-882.0K	0.16	4.81	N/A	N/A	2,746	434	13,264	4,862