SQQQ Options History — September 2022

In September 2022, SQQQ traded between $1011.25 and $1502.50. ATM implied volatility averaged 99.2%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded above realized volatility by 15.8% (HV 20d: 83.4%). Max pain ranged from $950.00 to $1125.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.29.

Notable Days

2022-09-02: Highest Volume — 13,149 contracts
2022-09-13: Largest IV spike — 15.8% change
2022-09-27: Highest IV Rank — 50.2%
2022-09-27: Largest Expected Move — 32.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1246.36	$1011.25	$1502.50	$1154.25	$1502.50
Max Pain	$1065.48	$950.00	$1125.00	$950.00	$1125.00
ATM IV	99.2%	84.0%	112.9%	96.6%	108.1%
Expected Move	28.4%	24.4%	32.8%	27.5%	31.1%
HV 20d	83.4%	69.0%	91.9%	72.9%	91.7%
HV 60d	85.9%	82.1%	92.2%	92.1%	85.5%
IV Rank	40.6%	30.0%	50.2%	39.2%	46.5%
IV Percentile	75.4%	52.0%	92.9%	73.0%	87.7%
Term Structure	-0.3%	-2.0%	1.1%	-0.2%	0.6%
VWIV	99.8%	89.7%	114.9%	98.0%	106.6%
Skew 25d	-22.5%	-25.8%	-18.2%	-18.2%	-22.6%
Skew 10d	-36.0%	-45.7%	-24.8%	-24.8%	-34.3%
Call IV 25d	113.3%	97.6%	129.7%	106.4%	122.4%
Put IV 25d	90.9%	76.4%	104.1%	88.2%	99.9%
Bid-Ask Spread %	4.42	2.38	8.43	2.85	2.48
Gamma HHI	0.09	0.06	0.30	0.06	0.25
Net GEX	16.7M	9.3M	36.4M	16.7M	28.5M
Net DEX	-1.10B	-1.69B	-448.8M	-1.07B	-1.57B
Net VEX	-2.7M	-2.9M	-2.3M	-2.5M	-2.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.18	0.36	0.28	0.34
Total Volume	8,414.857	4,912	13,149	10,226	8,564
Total OI	27,248.667	21,659	32,497	27,423	25,743

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
2022-09-01	$1154.25	$950.00	96.6%	27.5%	72.9%	39.2%	98.0%	-18.2%	-0.2%	16.7M	-1.07B	-2.5M	0.28	2.85	N/A	N/A	8,015	2,211	18,321	9,102
2022-09-02	$1193.75	$950.00	98.2%	27.7%	73.3%	40.4%	96.1%	-23.8%	-1.0%	19.9M	-1.24B	-2.6M	0.26	2.97	N/A	N/A	10,428	2,721	19,604	9,480
2022-09-06	$1203.25	$1050.00	100.1%	28.1%	73.3%	41.8%	97.9%	-24.7%	-0.4%	13.5M	-1.03B	-2.5M	0.27	4.80	N/A	N/A	6,246	1,708	16,694	8,669
2022-09-07	$1130.50	$1050.00	92.7%	26.3%	77.4%	36.4%	93.9%	-23.5%	-0.8%	14.5M	-786.5M	-2.5M	0.32	3.89	N/A	N/A	5,111	1,634	18,154	9,239
2022-09-08	$1134.00	$1050.00	90.5%	25.8%	69.0%	34.8%	92.2%	-22.8%	1.1%	17.4M	-849.3M	-2.5M	0.22	7.21	N/A	N/A	6,059	1,355	19,736	9,481
2022-09-09	$1042.25	$1075.00	84.0%	24.4%	76.9%	30.0%	89.7%	-21.2%	0.6%	9.3M	-450.0M	-2.3M	0.24	3.75	N/A	N/A	7,998	1,921	20,549	9,871
2022-09-12	$1011.25	$1050.00	86.3%	24.4%	73.9%	31.7%	91.6%	-22.7%	-0.7%	11.0M	-448.8M	-2.3M	0.27	3.29	N/A	N/A	3,869	1,043	18,605	8,802
2022-09-13	$1179.75	$1000.00	99.9%	28.4%	88.8%	41.7%	99.2%	-24.2%	-0.6%	16.3M	-1.06B	-2.5M	0.22	3.05	N/A	N/A	8,460	1,886	18,955	9,497
2022-09-14	$1141.50	$1050.00	95.8%	27.3%	90.4%	38.7%	97.3%	-25.6%	-0.5%	19.8M	-993.9M	-2.6M	0.21	8.43	N/A	N/A	6,818	1,440	20,842	9,617
2022-09-15	$1197.25	$1025.00	97.1%	27.6%	90.9%	39.6%	96.0%	-23.9%	-0.7%	24.6M	-1.29B	-2.7M	0.18	5.85	N/A	N/A	7,652	1,367	21,868	10,030
2022-09-16	$1234.75	$1050.00	98.3%	27.8%	90.5%	39.6%	98.3%	-21.8%	-2.0%	36.4M	-1.41B	-2.6M	0.26	4.97	N/A	N/A	9,759	2,583	21,930	10,567
2022-09-19	$1204.00	$1075.00	96.1%	27.4%	90.2%	37.7%	96.4%	-20.1%	1.1%	12.6M	-893.9M	-2.7M	0.34	4.81	N/A	N/A	4,154	1,416	16,415	8,170
2022-09-20	$1216.50	$1075.00	99.7%	28.5%	86.6%	40.3%	99.8%	-19.1%	-0.7%	11.7M	-919.1M	-2.7M	0.29	4.76	N/A	N/A	4,938	1,424	17,026	8,935
2022-09-21	$1286.25	$1100.00	101.4%	29.1%	87.9%	41.6%	100.3%	-20.3%	-0.5%	12.7M	-1.14B	-2.8M	0.30	7.25	N/A	N/A	6,088	1,848	17,108	9,554
2022-09-22	$1303.00	$1100.00	97.1%	27.8%	87.3%	38.4%	97.1%	-18.6%	0.4%	14.6M	-1.24B	-2.8M	0.31	4.47	N/A	N/A	6,963	2,129	17,649	9,892
2022-09-23	$1408.50	$1100.00	103.8%	29.8%	87.7%	43.4%	103.0%	-20.4%	-0.2%	19.3M	-1.69B	-2.9M	0.35	2.80	N/A	N/A	8,447	2,954	18,221	10,270
2022-09-26	$1412.00	$1125.00	109.9%	31.9%	81.8%	47.9%	110.6%	-21.1%	-2.0%	10.8M	-1.22B	-2.8M	0.31	5.18	N/A	N/A	4,958	1,520	14,164	7,495
2022-09-27	$1429.75	$1125.00	112.9%	32.8%	81.8%	50.2%	114.9%	-25.5%	-0.2%	12.1M	-1.29B	-2.9M	0.32	4.11	N/A	N/A	4,871	1,562	15,121	7,928
2022-09-28	$1327.75	$1125.00	104.6%	30.3%	86.8%	43.9%	106.9%	-25.8%	0.5%	12.0M	-1.02B	-2.8M	0.36	2.38	N/A	N/A	4,316	1,538	15,768	8,238
2022-09-29	$1460.75	$1125.00	110.3%	32.1%	91.9%	48.2%	111.2%	-25.7%	-1.0%	17.3M	-1.46B	-2.9M	0.34	3.44	N/A	N/A	6,501	2,237	16,459	8,453
2022-09-30	$1502.50	$1125.00	108.1%	31.1%	91.7%	46.5%	106.6%	-22.6%	0.6%	28.5M	-1.57B	-2.9M	0.34	2.48	N/A	N/A	6,393	2,171	16,868	8,875