SQQQ Options History — April 2023

In April 2023, SQQQ traded between $728.50 and $813.75. ATM implied volatility averaged 64.7%, placing in the 3.7% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 14.7% (HV 20d: 50.0%). Max pain ranged from $762.50 to $812.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.24.

Notable Days

  • 2023-04-27: Highest Volume — 10,472 contracts
  • 2023-04-25: Largest IV spike — 12.8% change
  • 2023-04-25: Highest IV Rank — 13.6%
  • 2023-04-12: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$763.20$728.50$813.75$740.50$728.50
Max Pain$782.89$762.50$812.50$800.00$762.50
ATM IV64.7%56.0%70.3%67.2%56.0%
Expected Move18.3%16.1%20.0%17.7%16.1%
HV 20d50.0%42.3%61.3%61.3%49.4%
HV 60d63.2%59.1%66.1%66.1%59.1%
IV Rank3.7%0.0%13.6%1.9%0.0%
IV Percentile1.8%0.0%5.6%0.8%0.0%
Term Structure-0.3%-1.9%0.3%-0.1%-0.3%
VWIV67.9%62.7%75.3%67.1%62.7%
Skew 25d-18.2%-22.0%-16.0%-18.4%-17.3%
Skew 10d-32.9%-36.0%-30.2%-34.5%-31.2%
Call IV 25d76.8%67.9%82.9%80.4%67.9%
Put IV 25d58.6%50.6%63.9%62.0%50.6%
Bid-Ask Spread %3.602.388.453.108.45
Gamma HHI0.090.050.410.070.09
Net GEX13.5M1.6M27.9M12.8M1.6M
Net DEX-291.6M-525.1M-128.7M-202.0M-128.7M
Net VEX-2.4M-2.5M-2.2M-2.3M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.130.390.130.26
Total Volume6,652.3163,08810,4725,8987,121
Total OI26,455.05321,78029,54026,03029,146

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$740.50$800.0067.2%17.7%61.3%1.9%67.1%-18.4%-0.1%12.8M-202.0M-2.3M0.133.10N/AN/A5,19870021,2054,825
2023-04-04$755.00$812.5069.1%18.1%59.7%5.0%67.4%-18.4%-0.3%16.0M-259.2M-2.4M0.132.55N/AN/A6,84790521,9894,892
2023-04-05$771.50$800.0069.9%18.1%60.9%6.2%65.2%-18.3%0.0%21.4M-362.0M-2.5M0.203.44N/AN/A6,5751,32023,0325,157
2023-04-06$754.75$800.0067.3%19.4%55.8%2.1%73.9%-17.0%0.3%12.1M-240.4M-2.3M0.303.99N/AN/A6,5371,96122,6275,379
2023-04-10$761.25$800.0070.3%19.7%51.6%6.8%75.3%-18.5%-1.9%9.7M-254.8M-2.3M0.333.16N/AN/A3,9931,29919,4214,736
2023-04-11$771.00$800.0070.2%19.9%50.9%6.7%73.4%-17.9%-0.6%10.0M-285.5M-2.4M0.284.29N/AN/A2,41567320,2625,205
2023-04-12$789.75$775.0069.5%20.0%51.9%5.6%71.6%-19.6%0.3%13.1M-372.5M-2.5M0.393.96N/AN/A5,1142,00320,8565,435
2023-04-13$744.25$775.0066.1%18.9%54.6%0.1%71.4%-16.9%-0.4%8.0M-179.2M-2.2M0.223.56N/AN/A6,1581,32821,7135,346
2023-04-14$751.00$775.0063.1%18.0%46.0%0.0%68.5%-16.6%-0.3%12.9M-222.8M-2.3M0.184.07N/AN/A8,0571,42723,7665,774
2023-04-17$754.00$775.0061.5%17.6%45.4%0.0%65.6%-16.1%0.3%11.8M-241.3M-2.3M0.213.21N/AN/A3,07465820,7934,776
2023-04-18$751.50$775.0060.7%17.4%45.4%0.0%64.0%-16.0%0.0%13.0M-242.0M-2.3M0.223.24N/AN/A3,58977921,5614,955
2023-04-19$751.75$775.0059.3%17.0%42.3%0.0%63.6%-16.3%0.0%14.4M-252.2M-2.3M0.203.40N/AN/A3,51071122,2395,229
2023-04-20$774.75$775.0062.7%18.0%43.8%4.9%65.0%-19.0%-0.1%21.7M-395.7M-2.4M0.163.08N/AN/A6,01598522,8425,432
2023-04-21$772.00$775.0061.0%17.4%43.8%2.5%63.9%-17.5%0.3%27.9M-364.8M-2.3M0.213.14N/AN/A7,4791,56723,5405,577
2023-04-24$774.00$775.0060.8%17.6%43.8%2.2%66.1%-18.6%-0.3%11.3M-346.0M-2.3M0.283.38N/AN/A3,9711,09517,3144,466
2023-04-25$813.75$775.0068.6%19.8%47.4%13.6%72.0%-22.0%-1.2%15.2M-525.1M-2.5M0.253.46N/AN/A5,7011,42918,2514,829
2023-04-26$803.50$775.0066.9%19.3%46.3%11.1%68.1%-21.7%-1.1%16.9M-486.2M-2.5M0.312.49N/AN/A4,3741,35419,2615,224
2023-04-27$738.00$775.0060.0%17.3%49.8%1.1%65.8%-19.2%-0.5%6.3M-179.2M-2.3M0.342.38N/AN/A7,8232,64919,8165,775
2023-04-28$728.50$762.5056.0%16.1%49.4%0.0%62.7%-17.3%-0.3%1.6M-128.7M-2.3M0.268.45N/AN/A5,6631,45822,1706,976