SQQQ Options History — October 2023

In October 2023, SQQQ traded between $460.25 and $578.00. ATM implied volatility averaged 65.0%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 18.9%. IV traded above realized volatility by 13.8% (HV 20d: 51.2%). Max pain ranged from $425.00 to $475.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2023-10-13: Highest Volume — 17,465 contracts
  • 2023-10-25: Largest IV spike — 12.4% change
  • 2023-10-26: Highest IV Rank — 47.9%
  • 2023-10-26: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$507.11$460.25$578.00$503.25$544.25
Max Pain$452.84$425.00$475.00$425.00$475.00
ATM IV65.0%57.1%73.4%62.2%65.2%
Expected Move18.9%16.2%21.9%17.8%19.5%
HV 20d51.2%42.6%61.1%42.6%58.8%
HV 60d50.7%49.0%52.5%49.7%52.3%
IV Rank27.1%12.0%47.9%19.5%35.2%
IV Percentile46.8%29.0%67.9%40.5%48.8%
Term Structure-0.2%-3.0%4.5%-0.4%-0.0%
VWIV67.8%61.5%75.7%61.6%68.7%
Skew 25d-17.9%-22.8%-12.3%-15.8%-16.8%
Skew 10d-33.8%-42.3%-28.2%-29.9%-31.0%
Call IV 25d76.7%67.5%86.2%72.8%75.1%
Put IV 25d58.8%52.1%67.1%57.0%58.3%
Bid-Ask Spread %2.371.526.481.662.16
Gamma HHI0.160.070.440.130.08
Net GEX17.5M10.1M27.7M18.8M11.1M
Net DEX-433.2M-700.0M-227.8M-444.5M-413.4M
Net VEX-1.6M-1.8M-1.5M-1.7M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.050.390.160.19
Total Volume9,557.7734,97917,4656,2825,057
Total OI35,632.54528,14241,31735,53430,306

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$503.25$425.0062.2%17.8%42.6%19.5%61.6%-15.8%-0.4%18.8M-444.5M-1.7M0.161.66N/AN/A5,42286029,1236,411
2023-10-03$528.50$450.0069.5%20.2%44.7%30.2%71.0%-17.1%-0.5%20.9M-598.4M-1.8M0.221.52N/AN/A7,7251,69029,1866,715
2023-10-04$502.25$450.0064.9%18.2%48.3%23.5%66.1%-17.1%-0.4%16.6M-398.6M-1.7M0.201.71N/AN/A6,3511,25828,4057,371
2023-10-05$507.25$450.0065.8%18.4%48.1%24.8%67.7%-16.4%-0.6%20.7M-451.4M-1.7M0.201.74N/AN/A5,7701,16030,0117,427
2023-10-06$480.75$450.0059.9%17.4%52.4%16.0%66.4%-15.0%-0.0%12.9M-252.9M-1.5M0.211.94N/AN/A10,8012,27829,9117,738
2023-10-09$478.25$450.0060.9%17.7%50.0%17.6%64.7%-12.3%4.5%15.4M-289.2M-1.6M0.172.40N/AN/A5,91898227,9126,815
2023-10-10$467.50$450.0058.5%17.3%49.5%13.9%62.6%-15.4%2.1%16.4M-237.5M-1.5M0.152.42N/AN/A8,0591,18830,0927,192
2023-10-11$460.25$450.0057.4%16.2%49.8%12.4%63.4%-15.4%-1.4%17.0M-227.8M-1.5M0.052.42N/AN/A14,98076132,5857,378
2023-10-12$464.75$450.0057.1%16.9%48.8%12.0%61.5%-15.9%1.9%19.6M-265.3M-1.6M0.112.22N/AN/A11,2161,19631,9227,448
2023-10-13$484.50$450.0063.8%17.9%47.1%21.8%66.3%-19.5%-1.4%23.9M-474.0M-1.6M0.163.04N/AN/A15,0402,42533,6017,716
2023-10-16$464.25$450.0060.4%17.4%49.6%17.4%63.6%-18.8%-3.0%14.6M-259.2M-1.5M0.212.45N/AN/A5,0241,07828,6287,311
2023-10-17$473.75$450.0061.2%17.5%50.2%18.9%65.8%-18.7%-0.8%20.0M-352.1M-1.6M0.112.09N/AN/A7,18977531,0537,486
2023-10-18$493.25$450.0067.3%19.3%51.8%29.7%68.9%-20.9%-2.6%27.7M-510.3M-1.6M0.196.48N/AN/A7,0911,35432,4797,620
2023-10-19$506.75$450.0068.7%19.7%49.0%33.1%71.8%-22.8%0.4%22.7M-554.5M-1.6M0.182.64N/AN/A9,9441,79930,1487,859
2023-10-20$525.50$450.0071.3%20.6%50.7%37.4%71.7%-22.1%-1.6%25.7M-700.0M-1.7M0.282.08N/AN/A8,3192,31330,4208,213
2023-10-23$519.75$450.0069.3%20.3%50.9%35.4%71.7%-20.4%-0.1%10.5M-396.1M-1.6M0.282.19N/AN/A6,1431,72221,5276,615
2023-10-24$506.00$450.0063.2%18.6%49.6%25.6%67.3%-19.7%0.4%11.9M-352.9M-1.6M0.282.10N/AN/A3,8971,08524,0827,372
2023-10-25$545.50$450.0071.1%21.0%56.7%40.1%73.5%-19.2%-0.5%18.8M-584.2M-1.7M0.272.19N/AN/A9,0962,48825,2677,664
2023-10-26$578.00$462.5073.4%21.9%58.6%47.9%75.7%-19.1%-0.2%14.7M-699.9M-1.7M0.391.78N/AN/A7,4372,87624,3058,162
2023-10-27$574.00$475.0072.0%21.3%58.8%46.1%72.9%-18.2%0.2%15.0M-646.6M-1.6M0.182.61N/AN/A13,1092,41624,3988,922
2023-10-30$548.25$475.0067.7%20.3%61.1%37.4%69.8%-17.8%-0.1%10.1M-422.3M-1.6M0.322.39N/AN/A3,7671,21221,8027,318
2023-10-31$544.25$475.0065.2%19.5%58.8%35.2%68.7%-16.8%-0.0%11.1M-413.4M-1.6M0.192.16N/AN/A4,24980822,6827,624