SQQQ Options History — June 2023

In June 2023, SQQQ traded between $470.50 and $572.25. ATM implied volatility averaged 54.7%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 3.3% (HV 20d: 51.4%). Max pain ranged from $500.00 to $625.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-06-15: Highest Volume — 11,713 contracts
  • 2023-06-12: Largest IV spike — 10.3% change
  • 2023-06-01: Highest IV Rank — 10.3%
  • 2023-06-01: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$513.62$470.50$572.25$557.50$470.50
Max Pain$530.36$500.00$625.00$625.00$500.00
ATM IV54.7%51.4%58.2%58.2%53.7%
Expected Move15.4%14.1%16.6%16.6%14.1%
HV 20d51.4%46.1%55.6%53.0%49.2%
HV 60d50.7%49.4%54.1%54.0%50.4%
IV Rank5.5%0.5%10.3%10.3%4.1%
IV Percentile5.4%0.4%10.7%6.3%4.8%
Term Structure0.0%-18.9%10.0%10.0%-0.4%
VWIV57.4%51.5%64.6%64.6%51.5%
Skew 25d-9.1%-13.1%-2.6%-13.1%-4.7%
Skew 10d-19.0%-25.9%-4.5%-25.9%-14.8%
Call IV 25d61.5%57.7%65.7%65.0%58.2%
Put IV 25d52.3%48.2%62.8%52.0%53.5%
Bid-Ask Spread %5.581.919.981.912.74
Gamma HHI0.140.070.500.100.11
Net GEX14.0M6.3M29.5M11.7M6.3M
Net DEX-139.9M-330.8M-21.8M-90.8M-43.9M
Net VEX-1.6M-1.9M-1.4M-1.7M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.090.280.160.23
Total Volume7,720.9524,41811,7136,17810,986
Total OI33,221.1927,52742,99032,86331,091

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$557.50$625.0058.2%16.6%53.0%10.3%64.6%-13.1%10.0%11.7M-90.8M-1.7M0.161.91N/AN/A5,31386527,7535,110
2023-06-02$543.25$612.5054.0%16.0%51.8%4.3%58.9%-9.6%-0.6%8.1M-54.8M-1.6M0.244.87N/AN/A4,5811,09229,0705,092
2023-06-05$542.00$550.0053.8%16.0%48.4%3.9%58.2%-9.8%0.2%10.5M-97.0M-1.6M0.159.98N/AN/A4,81871826,0854,484
2023-06-06$543.25$550.0054.6%15.2%48.6%5.1%55.9%-9.0%-18.9%15.4M-149.6M-1.7M0.119.83N/AN/A4,40647428,3614,541
2023-06-07$572.25$550.0055.6%15.6%52.7%6.6%57.3%-10.1%-2.1%24.9M-330.8M-1.9M0.118.47N/AN/A5,77960930,1444,515
2023-06-08$551.00$550.0051.4%14.9%52.7%0.5%58.3%-9.6%-0.2%23.0M-204.7M-1.8M0.097.75N/AN/A4,04737130,7384,599
2023-06-09$544.00$550.0052.2%15.3%52.6%1.7%56.1%-9.3%-0.9%14.0M-158.0M-1.7M0.119.78N/AN/A7,79885732,0444,737
2023-06-12$519.75$550.0057.6%16.2%52.9%9.4%61.4%-2.6%-0.5%9.1M-109.4M-1.6M0.208.57N/AN/A5,8761,18527,4164,381
2023-06-13$507.50$550.0055.9%15.5%52.9%7.0%60.4%-11.0%-1.5%9.8M-94.2M-1.6M0.154.03N/AN/A6,9301,01829,8774,871
2023-06-14$499.75$525.0054.4%15.5%52.9%4.9%59.2%-5.5%2.8%9.7M-61.8M-1.5M0.128.68N/AN/A9,5711,15431,3885,098
2023-06-15$475.50$525.0056.3%16.1%54.0%8.0%61.3%-7.8%0.6%7.2M-21.8M-1.4M0.197.83N/AN/A9,8041,90933,6044,976
2023-06-16$484.00$500.0054.8%15.4%53.7%5.8%58.1%-8.3%-1.6%16.8M-95.1M-1.6M0.213.07N/AN/A8,4061,76037,4695,521
2023-06-20$488.00$500.0054.9%15.7%53.8%5.9%58.8%-10.2%4.1%14.1M-139.0M-1.6M0.153.40N/AN/A7,7931,17225,9784,947
2023-06-21$500.50$500.0053.1%15.2%55.6%3.2%56.8%-9.2%2.7%18.7M-204.0M-1.7M0.173.03N/AN/A7,6951,30027,0085,442
2023-06-22$487.25$500.0052.1%14.7%53.4%1.7%54.9%-9.6%4.3%13.9M-138.7M-1.6M0.202.96N/AN/A5,4501,09626,9545,170
2023-06-23$498.25$500.0053.7%15.0%53.4%4.1%54.9%-10.4%3.1%29.5M-207.2M-1.6M0.235.79N/AN/A7,9351,79927,6785,330
2023-06-26$517.00$500.0056.0%15.1%50.2%7.5%55.8%-11.7%0.3%13.9M-254.0M-1.7M0.282.94N/AN/A6,3451,79822,9634,564
2023-06-27$492.25$500.0055.0%14.7%46.2%6.2%55.3%-10.8%-1.1%9.9M-140.0M-1.6M0.155.79N/AN/A6,31494323,3124,993
2023-06-28$494.25$500.0056.2%14.9%46.3%8.0%54.2%-9.7%-0.2%12.1M-152.9M-1.6M0.143.02N/AN/A5,73481424,4685,152
2023-06-29$498.25$500.0055.5%14.7%46.1%6.9%53.9%-9.5%0.2%15.6M-190.9M-1.6M0.212.79N/AN/A4,63499125,4625,259
2023-06-30$470.50$500.0053.7%14.1%49.2%4.1%51.5%-4.7%-0.4%6.3M-43.9M-1.4M0.232.74N/AN/A8,9262,06025,7445,347