SQQQ Options History — May 2022

In May 2022, SQQQ traded between $1051.00 and $1504.75. ATM implied volatility averaged 108.9%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 31.6%. IV traded below realized volatility by 12.0% (HV 20d: 120.9%). Max pain ranged from $175.00 to $887.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.36.

Notable Days

2022-05-20: Highest Volume — 9,001 contracts
2022-05-05: Largest IV spike — 31.8% change
2022-05-12: Highest IV Rank — 62.1%
2022-05-12: Largest Expected Move — 36.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1325.88	$1051.00	$1504.75	$1191.50	$1169.50
Max Pain	$337.50	$175.00	$887.50	$875.00	$350.00
ATM IV	108.9%	86.3%	127.9%	112.6%	96.8%
Expected Move	31.6%	27.3%	36.1%	34.3%	28.6%
HV 20d	120.9%	93.8%	133.0%	99.4%	127.1%
HV 60d	104.1%	95.0%	109.1%	95.5%	108.4%
IV Rank	48.2%	31.7%	62.1%	50.9%	39.3%
IV Percentile	91.9%	80.6%	99.6%	96.8%	81.3%
Term Structure	-0.3%	-4.5%	11.7%	1.1%	-2.3%
VWIV	111.4%	101.1%	123.6%	119.8%	103.1%
Skew 25d	-27.0%	-34.6%	-20.6%	-34.6%	-24.9%
Skew 10d	-38.7%	-51.3%	-6.2%	-33.6%	-48.0%
Call IV 25d	124.9%	104.9%	135.5%	135.5%	112.5%
Put IV 25d	98.0%	83.4%	111.4%	101.0%	87.6%
Bid-Ask Spread %	14.78	4.87	22.31	13.87	4.87
Gamma HHI	0.11	0.04	0.52	0.06	0.04
Net GEX	7.2M	-7.0M	28.0M	5.2M	3.5M
Net DEX	-840.6M	-1.18B	-414.7M	-747.9M	-515.2M
Net VEX	-1.3M	-1.5M	-1.1M	-1.2M	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.22	0.55	0.30	0.22
Total Volume	5,363.952	2,679	9,001	3,908	4,924
Total OI	16,112.905	13,562	18,513	13,562	15,915

Daily Data (21 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
2022-05-02	$1191.50	$875.00	112.6%	34.3%	99.4%	50.9%	119.8%	-34.6%	1.1%	5.2M	-747.9M	-1.2M	0.30	13.87	N/A	N/A	3,005	903	8,772	4,790
2022-05-03	$1177.50	$875.00	107.1%	32.9%	93.8%	46.9%	117.2%	-28.2%	-2.5%	5.6M	-721.3M	-1.2M	0.25	6.36	N/A	N/A	2,151	528	9,244	5,177
2022-05-04	$1051.00	$887.50	86.3%	27.3%	103.5%	31.7%	101.6%	-21.5%	-0.6%	4.1M	-528.0M	-1.1M	0.35	15.31	N/A	N/A	3,554	1,243	9,528	5,285
2022-05-05	$1213.25	$175.00	113.8%	32.1%	112.9%	51.8%	111.7%	-24.3%	-3.2%	8.5M	-826.3M	-1.2M	0.28	17.88	N/A	N/A	4,844	1,379	10,248	5,706
2022-05-06	$1250.75	$175.00	109.2%	31.2%	112.4%	48.4%	109.2%	-27.3%	1.1%	13.6M	-891.2M	-1.2M	0.54	19.65	N/A	N/A	4,512	2,442	10,507	6,072
2022-05-09	$1390.75	$200.00	122.8%	35.2%	116.4%	58.4%	117.8%	-24.8%	-0.2%	5.8M	-984.3M	-1.2M	0.32	14.73	N/A	N/A	3,679	1,173	9,041	5,204
2022-05-10	$1344.75	$200.00	120.3%	34.5%	116.0%	56.5%	115.2%	-21.7%	0.2%	5.9M	-893.3M	-1.3M	0.55	15.21	N/A	N/A	3,335	1,834	9,453	5,591
2022-05-11	$1461.00	$200.00	121.5%	34.9%	118.5%	57.4%	112.7%	-20.6%	0.1%	8.4M	-1.13B	-1.2M	0.45	19.74	N/A	N/A	3,508	1,567	10,175	6,303
2022-05-12	$1504.75	$200.00	127.9%	36.1%	113.5%	62.1%	123.6%	-27.1%	-2.6%	9.8M	-1.16B	-1.3M	0.40	20.80	N/A	N/A	4,505	1,792	10,462	6,593
2022-05-13	$1308.00	$200.00	111.2%	31.8%	126.1%	49.9%	117.2%	-29.2%	-0.5%	4.5M	-776.6M	-1.3M	0.34	11.70	N/A	N/A	5,694	1,946	10,841	6,910
2022-05-16	$1356.50	$200.00	110.2%	31.6%	126.3%	49.1%	116.0%	-29.2%	-1.5%	6.0M	-878.4M	-1.2M	0.31	10.36	N/A	N/A	2,483	765	9,376	5,993
2022-05-17	$1260.00	$225.00	99.0%	28.4%	126.2%	41.0%	108.3%	-28.8%	-0.9%	5.4M	-722.1M	-1.3M	0.39	20.20	N/A	N/A	2,630	1,034	9,967	6,226
2022-05-18	$1433.50	$225.00	115.0%	33.0%	132.6%	52.7%	113.7%	-28.9%	11.7%	10.6M	-1.07B	-1.4M	0.28	13.15	N/A	N/A	4,438	1,223	10,400	6,538
2022-05-19	$1433.50	$250.00	106.3%	30.5%	131.5%	46.3%	108.3%	-32.0%	-4.5%	12.7M	-1.03B	-1.2M	0.45	19.36	N/A	N/A	3,780	1,698	10,324	6,895
2022-05-20	$1499.00	$250.00	109.3%	31.3%	131.0%	48.5%	107.2%	-32.2%	-2.1%	28.0M	-1.18B	-1.4M	0.38	18.70	N/A	N/A	6,533	2,468	10,814	7,280
2022-05-23	$1419.00	$275.00	106.0%	31.2%	133.0%	46.1%	109.3%	-28.3%	0.3%	5.5M	-826.5M	-1.3M	0.46	6.55	N/A	N/A	2,599	1,193	8,828	5,859
2022-05-24	$1472.50	$300.00	114.0%	31.7%	130.6%	51.9%	111.0%	-28.5%	-0.3%	7.9M	-932.8M	-1.5M	0.41	21.48	N/A	N/A	3,419	1,402	9,556	6,328
2022-05-25	$1423.00	$325.00	105.6%	30.9%	131.6%	45.8%	110.2%	-25.3%	-0.1%	6.2M	-818.2M	-1.3M	0.31	22.31	N/A	N/A	3,269	1,027	9,563	6,742
2022-05-26	$1295.75	$350.00	99.2%	28.9%	129.6%	41.1%	105.5%	-25.6%	-0.8%	1.4M	-602.3M	-1.4M	0.25	9.72	N/A	N/A	5,307	1,337	10,469	6,883
2022-05-27	$1188.00	$350.00	93.4%	27.4%	127.2%	36.9%	101.1%	-23.5%	1.0%	-7.0M	-414.7M	-1.4M	0.38	8.44	N/A	N/A	5,467	2,053	11,462	7,051
2022-05-31	$1169.50	$350.00	96.8%	28.6%	127.1%	39.3%	103.1%	-24.9%	-2.3%	3.5M	-515.2M	-1.4M	0.22	4.87	N/A	N/A	4,052	872	9,813	6,102