SQQQ Options History — August 2023

In August 2023, SQQQ traded between $426.00 and $521.00. ATM implied volatility averaged 59.0%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 8.7% (HV 20d: 50.3%). Max pain ranged from $425.00 to $450.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-08-25: Highest Volume — 16,893 contracts
  • 2023-08-02: Largest IV spike — 13.5% change
  • 2023-08-24: Highest IV Rank — 21.5%
  • 2023-08-17: Largest Expected Move — 18.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$476.47$426.00$521.00$426.00$438.50
Max Pain$444.57$425.00$450.00$425.00$450.00
ATM IV59.0%51.6%64.5%53.3%52.1%
Expected Move16.6%14.1%18.2%14.7%14.1%
HV 20d50.3%43.2%58.3%47.7%53.9%
HV 60d50.3%47.8%51.6%49.4%51.6%
IV Rank13.1%2.1%21.5%4.6%2.8%
IV Percentile23.1%1.2%34.9%5.6%2.0%
Term Structure0.9%-2.1%8.4%-0.8%0.5%
VWIV60.0%53.0%65.1%54.0%53.0%
Skew 25d-14.6%-17.1%-9.9%-10.7%-12.3%
Skew 10d-29.4%-39.5%-19.4%-20.0%-26.2%
Call IV 25d68.5%59.9%73.4%61.1%59.9%
Put IV 25d53.8%47.7%58.3%50.4%47.7%
Bid-Ask Spread %3.031.4215.782.532.07
Gamma HHI0.140.080.410.160.13
Net GEX17.4M11.7M32.5M15.7M15.0M
Net DEX-406.6M-656.3M-191.7M-191.7M-195.0M
Net VEX-1.8M-2.0M-1.4M-1.4M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.110.250.110.15
Total Volume9,101.7833,71016,8933,7109,706
Total OI36,838.82632,38646,14633,48846,146

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$426.00$425.0053.3%14.7%47.7%4.6%54.0%-10.7%-0.8%15.7M-191.7M-1.4M0.112.53N/AN/A3,35635428,5774,911
2023-08-02$455.00$425.0060.5%16.8%53.9%15.4%61.7%-17.0%-2.1%19.4M-390.3M-1.7M0.216.35N/AN/A10,5402,21629,0844,988
2023-08-03$457.50$450.0061.3%17.0%52.8%16.5%65.1%-15.8%-1.3%18.5M-374.9M-1.7M0.142.96N/AN/A7,5941,06728,8526,244
2023-08-04$464.25$450.0059.5%17.6%53.2%14.0%63.2%-15.7%-0.6%32.5M-441.0M-1.7M0.202.68N/AN/A9,7031,98729,8946,736
2023-08-07$455.75$450.0056.4%16.4%53.2%9.3%60.8%-15.0%1.2%13.1M-303.4M-1.6M0.192.23N/AN/A4,01976226,5865,800
2023-08-08$464.00$450.0057.0%17.2%53.5%10.2%62.4%-10.2%8.4%15.6M-376.5M-1.7M0.202.42N/AN/A5,1921,04128,3566,224
2023-08-09$476.75$450.0059.1%17.0%52.1%13.3%61.9%-14.3%0.3%16.1M-434.7M-1.8M0.182.37N/AN/A6,6641,17228,4566,495
2023-08-10$480.25$450.0058.1%16.7%47.5%11.8%60.6%-16.1%-0.0%19.0M-459.9M-1.8M0.202.00N/AN/A7,2541,47329,6306,795
2023-08-11$487.75$450.0057.6%17.0%47.6%11.1%57.9%-15.0%2.1%25.3M-515.7M-1.8M0.202.64N/AN/A7,8111,58930,3547,035
2023-08-14$473.50$450.0056.4%16.2%47.4%9.2%58.6%-15.8%3.2%14.2M-364.0M-1.7M0.181.71N/AN/A5,10294027,5416,042
2023-08-15$488.50$425.0060.6%17.4%46.5%15.5%59.0%-15.9%1.3%17.9M-468.5M-1.8M0.112.53N/AN/A6,19468929,2826,328
2023-08-16$499.50$425.0059.9%17.2%46.8%14.5%59.1%-15.0%3.4%19.7M-535.6M-1.9M0.202.84N/AN/A6,7021,31429,5446,514
2023-08-17$521.00$425.0064.4%18.2%43.2%21.3%62.0%-16.1%3.1%20.2M-656.3M-1.9M0.242.77N/AN/A8,3062,03329,7786,936
2023-08-18$518.25$450.0062.3%17.7%43.4%18.1%62.3%-15.5%1.9%13.6M-645.0M-1.9M0.252.21N/AN/A10,5232,61230,5887,478
2023-08-21$495.25$450.0063.1%17.3%47.2%19.3%64.1%-17.1%-0.6%11.7M-378.2M-1.8M0.172.03N/AN/A6,3711,06926,6776,325
2023-08-22$501.75$450.0063.8%17.4%45.8%20.4%62.4%-15.9%-0.7%13.9M-439.8M-1.9M0.141.80N/AN/A4,83668928,3346,706
2023-08-23$473.75$450.0061.9%16.8%51.0%17.5%62.5%-15.4%-0.6%12.9M-309.8M-1.8M0.171.79N/AN/A7,7071,31129,9096,917
2023-08-24$505.00$450.0064.5%17.4%55.2%21.5%61.4%-14.9%-0.6%21.5M-569.7M-2.0M0.122.56N/AN/A11,5251,43432,8527,326
2023-08-25$492.50$450.0059.5%16.0%51.0%13.9%58.6%-14.5%-0.4%20.6M-452.4M-1.9M0.142.02N/AN/A14,8562,03733,2047,572
2023-08-28$485.25$450.0058.9%15.9%51.6%13.0%58.6%-15.2%-0.1%16.1M-401.8M-1.9M0.141.99N/AN/A5,49876630,6666,576
2023-08-29$452.25$450.0054.9%14.9%58.3%7.0%57.6%-13.7%-0.0%12.9M-230.4M-1.7M0.141.42N/AN/A12,4161,68632,6316,918
2023-08-30$446.50$450.0051.6%14.5%53.6%2.1%53.6%-9.9%2.6%15.1M-217.3M-1.7M0.1315.78N/AN/A8,1771,04836,0357,451
2023-08-31$438.50$450.0052.1%14.1%53.9%2.8%53.0%-12.3%0.5%15.0M-195.0M-1.7M0.152.07N/AN/A8,4141,29238,5567,590