SQQQ Options History — April 2022

In April 2022, SQQQ traded between $797.75 and $1213.75. ATM implied volatility averaged 89.5%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 26.0%. IV traded above realized volatility by 1.7% (HV 20d: 87.9%). Max pain ranged from $800.00 to $875.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.24.

Notable Days

2022-04-06: Highest Volume — 6,969 contracts
2022-04-11: Largest IV spike — 15.5% change
2022-04-29: Highest IV Rank — 52.9%
2022-04-29: Largest Expected Move — 34.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1002.85	$797.75	$1213.75	$862.00	$1213.75
Max Pain	$822.50	$800.00	$875.00	$800.00	$875.00
ATM IV	89.5%	68.1%	115.3%	72.7%	115.3%
Expected Move	26.0%	20.2%	34.2%	21.8%	34.2%
HV 20d	87.9%	79.2%	98.9%	96.5%	98.9%
HV 60d	93.2%	89.8%	97.9%	89.8%	97.9%
IV Rank	34.1%	18.4%	52.9%	21.8%	52.9%
IV Percentile	85.1%	63.5%	98.4%	71.4%	98.4%
Term Structure	-0.8%	-4.8%	2.6%	2.6%	-3.8%
VWIV	92.0%	77.9%	116.0%	82.4%	116.0%
Skew 25d	-27.6%	-37.8%	-14.1%	-22.9%	-32.2%
Skew 10d	-44.1%	-63.5%	-27.4%	-46.5%	-51.4%
Call IV 25d	106.6%	83.0%	134.3%	87.0%	134.3%
Put IV 25d	79.0%	60.6%	102.1%	64.1%	102.1%
Bid-Ask Spread %	4.90	2.84	11.32	3.69	7.86
Gamma HHI	0.10	0.05	0.31	0.07	0.11
Net GEX	8.4M	4.8M	15.5M	6.4M	13.4M
Net DEX	-627.9M	-939.1M	-323.5M	-465.0M	-939.1M
Net VEX	-1.0M	-1.2M	-761.6K	-870.3K	-1.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.24	0.16	0.39	0.17	0.23
Total Volume	4,413.2	3,178	6,969	4,233	5,565
Total OI	15,392.5	12,975	18,290	18,290	16,022

Daily Data (20 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
2022-04-01	$862.00	$800.00	72.7%	21.8%	96.5%	21.8%	82.4%	-22.9%	2.6%	6.4M	-465.0M	-870.3K	0.17	3.69	N/A	N/A	3,618	615	13,371	4,919
2022-04-04	$797.75	$800.00	68.1%	20.2%	91.6%	18.4%	77.9%	-22.5%	1.3%	4.8M	-323.5M	-761.6K	0.22	3.57	N/A	N/A	2,613	565	10,549	4,523
2022-04-05	$847.25	$800.00	76.3%	22.5%	95.3%	24.4%	80.8%	-26.4%	-0.3%	10.1M	-466.1M	-897.6K	0.16	3.21	N/A	N/A	4,128	648	11,756	4,674
2022-04-06	$895.50	$800.00	79.5%	24.0%	91.9%	26.8%	84.7%	-14.1%	1.4%	11.8M	-581.1M	-959.7K	0.18	5.36	N/A	N/A	5,887	1,082	12,007	4,841
2022-04-07	$881.50	$800.00	80.2%	23.1%	89.8%	27.3%	83.7%	-26.5%	0.4%	11.5M	-514.8M	-920.3K	0.27	5.83	N/A	N/A	3,679	1,001	12,069	5,080
2022-04-08	$923.50	$800.00	79.6%	23.0%	89.6%	26.8%	82.2%	-25.4%	0.4%	14.8M	-645.5M	-920.3K	0.24	3.69	N/A	N/A	3,561	847	12,489	5,130
2022-04-11	$995.75	$800.00	92.0%	26.0%	91.1%	35.9%	90.8%	-22.1%	-1.5%	7.1M	-658.0M	-1.1M	0.39	2.87	N/A	N/A	3,361	1,325	10,166	4,689
2022-04-12	$1011.50	$800.00	91.2%	25.7%	86.5%	35.3%	87.3%	-24.8%	-1.6%	7.8M	-669.7M	-1.1M	0.31	3.34	N/A	N/A	3,480	1,090	10,320	5,111
2022-04-13	$941.00	$800.00	78.4%	22.6%	83.5%	25.9%	81.7%	-25.9%	0.5%	5.1M	-518.7M	-918.4K	0.25	3.22	N/A	N/A	3,303	840	10,468	5,431
2022-04-14	$1007.00	$825.00	84.2%	23.9%	85.1%	30.2%	83.4%	-25.4%	-0.6%	15.5M	-700.8M	-1.1M	0.24	2.84	N/A	N/A	4,216	999	11,062	5,669
2022-04-18	$1023.75	$825.00	89.0%	25.5%	81.7%	33.7%	87.0%	-28.1%	0.1%	5.5M	-588.5M	-1.0M	0.25	3.08	N/A	N/A	2,552	649	8,454	4,563
2022-04-19	$950.00	$825.00	81.2%	23.3%	86.1%	28.0%	84.1%	-26.7%	-0.5%	5.1M	-488.6M	-867.2K	0.32	3.53	N/A	N/A	2,410	770	8,988	4,761
2022-04-20	$977.50	$825.00	82.7%	23.7%	81.5%	29.1%	85.3%	-27.9%	-0.2%	7.3M	-550.7M	-1.0M	0.17	4.22	N/A	N/A	2,893	499	9,591	5,013
2022-04-21	$1046.75	$825.00	91.9%	26.4%	84.2%	35.8%	89.3%	-30.1%	0.1%	9.7M	-688.1M	-1.1M	0.17	3.97	N/A	N/A	4,467	745	9,791	5,084
2022-04-22	$1110.00	$825.00	98.8%	28.5%	83.9%	40.8%	98.2%	-29.1%	-1.7%	8.8M	-797.5M	-1.1M	0.19	4.73	N/A	N/A	5,549	1,061	9,713	5,204
2022-04-25	$1095.25	$825.00	101.6%	29.4%	84.3%	42.9%	106.6%	-37.8%	-2.7%	5.5M	-654.3M	-1.0M	0.20	6.24	N/A	N/A	2,811	569	8,493	4,482
2022-04-26	$1192.25	$850.00	114.4%	33.9%	84.6%	52.2%	115.9%	-34.4%	-4.8%	6.2M	-795.8M	-1.1M	0.29	4.23	N/A	N/A	2,624	752	8,928	4,666
2022-04-27	$1206.00	$875.00	112.5%	33.3%	79.2%	50.8%	115.8%	-33.8%	-4.2%	7.0M	-893.6M	-1.2M	0.33	11.19	N/A	N/A	2,463	807	9,917	4,927
2022-04-28	$1079.00	$875.00	100.8%	29.5%	91.8%	42.3%	107.2%	-35.7%	-1.9%	5.4M	-617.9M	-1.1M	0.30	11.32	N/A	N/A	3,252	968	9,666	5,263
2022-04-29	$1213.75	$875.00	115.3%	34.2%	98.9%	52.9%	116.0%	-32.2%	-3.8%	13.4M	-939.1M	-1.1M	0.23	7.86	N/A	N/A	4,539	1,026	10,614	5,408