SQQQ Options History — February 2023

In February 2023, SQQQ traded between $836.75 and $1002.75. ATM implied volatility averaged 76.1%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 1.7% (HV 20d: 74.3%). Max pain ranged from $975.00 to $1250.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.21.

Notable Days

  • 2023-02-02: Highest Volume — 13,647 contracts
  • 2023-02-02: Largest IV spike — 12.0% change
  • 2023-02-22: Highest IV Rank — 30.4%
  • 2023-02-21: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$908.74$836.75$1002.75$904.00$972.25
Max Pain$1072.37$975.00$1250.00$1050.00$975.00
ATM IV76.1%66.0%84.8%66.0%77.0%
Expected Move21.8%19.7%23.8%21.6%22.1%
HV 20d74.3%68.3%78.5%68.3%73.4%
HV 60d78.1%71.2%88.5%87.3%71.2%
IV Rank16.2%0.0%30.4%0.0%17.7%
IV Percentile16.0%0.0%38.5%0.0%17.9%
Term Structure0.6%-2.5%4.4%0.3%-1.7%
VWIV80.0%71.3%84.9%83.1%78.8%
Skew 25d-15.7%-20.3%-12.2%-13.5%-15.5%
Skew 10d-26.8%-34.4%-21.3%-27.7%-22.4%
Call IV 25d86.1%77.4%97.2%77.4%86.0%
Put IV 25d70.3%63.5%76.9%63.9%70.6%
Bid-Ask Spread %4.993.376.975.784.59
Gamma HHI0.120.060.500.060.09
Net GEX16.5M3.9M40.4M5.6M14.6M
Net DEX-287.7M-782.7M96.8M55.7M-427.8M
Net VEX-2.5M-2.8M-2.0M-2.1M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.130.360.230.20
Total Volume9,107.4745,74813,6478,1035,748
Total OI26,713.57923,00930,23723,00925,246

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$904.00$1050.0066.0%21.6%68.3%0.0%83.1%-13.5%0.3%5.6M55.7M-2.1M0.235.78N/AN/A6,5881,51516,9626,047
2023-02-02$841.50$1250.0074.0%21.0%69.7%12.8%78.3%-12.2%-0.2%3.9M96.8M-2.0M0.254.85N/AN/A10,8862,76119,3646,120
2023-02-03$869.50$1200.0073.0%21.1%70.9%11.2%79.8%-13.2%-0.1%13.2M-75.1M-2.3M0.204.20N/AN/A11,0712,19223,5996,457
2023-02-06$891.00$1150.0074.9%21.7%68.5%14.4%80.1%-14.7%0.8%14.3M-211.1M-2.4M0.193.91N/AN/A5,4041,01319,7555,455
2023-02-07$836.75$1150.0072.2%20.9%70.2%10.0%80.2%-14.6%0.5%9.1M-46.0M-2.2M0.205.52N/AN/A7,4621,50320,0345,849
2023-02-08$878.50$1125.0075.1%22.1%74.4%14.7%82.5%-14.2%2.5%16.4M-208.3M-2.4M0.135.04N/AN/A6,69084021,7246,089
2023-02-09$904.00$1125.0079.0%23.0%75.1%21.0%83.4%-15.3%2.5%18.5M-299.8M-2.5M0.166.11N/AN/A7,6361,25621,6566,146
2023-02-10$922.25$1125.0078.5%22.7%76.1%20.2%83.3%-14.0%1.1%25.4M-383.8M-2.6M0.216.04N/AN/A8,5391,80222,4146,492
2023-02-13$878.50$1125.0079.2%22.7%77.0%21.3%84.6%-15.3%0.8%9.9M-174.9M-2.4M0.234.53N/AN/A5,2861,19118,2566,055
2023-02-14$854.75$1075.0070.1%20.1%77.0%6.6%76.0%-16.9%2.5%12.0M-112.9M-2.3M0.185.66N/AN/A7,8581,42920,4386,464
2023-02-15$847.25$1025.0068.8%19.7%75.3%4.4%71.3%-16.0%3.8%13.1M-103.3M-2.3M0.143.98N/AN/A6,67195621,8996,704
2023-02-16$884.00$1000.0072.4%20.5%76.6%10.3%75.6%-19.4%4.4%21.8M-352.0M-2.6M0.135.69N/AN/A8,2371,09923,5616,676
2023-02-17$913.00$1000.0076.2%21.6%75.6%16.4%78.5%-18.1%1.9%28.6M-479.3M-2.6M0.164.56N/AN/A10,5791,71123,5076,705
2023-02-21$967.50$1000.0084.4%23.8%75.9%29.8%84.9%-20.3%-2.5%17.6M-548.1M-2.8M0.273.89N/AN/A6,5811,77418,3965,422
2023-02-22$981.75$1000.0084.8%23.3%76.0%30.4%83.5%-17.9%-1.3%19.3M-583.7M-2.8M0.363.37N/AN/A4,9831,81319,1926,239
2023-02-23$941.75$1000.0078.5%21.8%77.1%20.2%78.1%-16.0%-0.9%17.8M-414.4M-2.7M0.216.97N/AN/A8,6471,85820,0446,656
2023-02-24$1002.75$1000.0081.5%22.4%78.5%25.0%77.8%-15.8%-1.4%40.4M-782.7M-2.8M0.215.91N/AN/A10,3792,15621,3247,381
2023-02-27$975.00$1000.0079.7%22.5%77.0%22.1%80.0%-15.6%-1.8%12.5M-415.9M-2.7M0.264.20N/AN/A5,4791,44917,0376,193
2023-02-28$972.25$975.0077.0%22.1%73.4%17.7%78.8%-15.5%-1.7%14.6M-427.8M-2.7M0.204.59N/AN/A4,79195718,4536,793