SQQQ Options History — March 2024

In March 2024, SQQQ traded between $256.25 and $284.00. ATM implied volatility averaged 51.5%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 6.7% (HV 20d: 58.2%). Max pain ranged from $250.00 to $275.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.15.

Notable Days

  • 2024-03-08: Highest Volume — 17,394 contracts
  • 2024-03-14: Largest IV spike — 23.2% change
  • 2024-03-14: Highest IV Rank — 55.2%
  • 2024-03-11: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$267.89$256.25$284.00$262.00$260.75
Max Pain$251.25$250.00$275.00$275.00$250.00
ATM IV51.5%46.5%64.5%50.6%46.6%
Expected Move14.4%12.8%15.7%13.5%12.8%
HV 20d58.2%50.2%64.6%58.0%50.2%
HV 60d50.5%46.6%52.2%46.6%50.3%
IV Rank23.7%10.4%55.2%20.1%14.9%
IV Percentile31.7%6.7%84.5%26.6%8.7%
Term Structure-0.1%-12.7%3.5%-0.6%2.3%
VWIV52.8%46.5%57.7%50.4%46.5%
Skew 25d-10.0%-14.8%-7.5%-9.1%-8.3%
Skew 10d-19.0%-24.8%-9.0%-19.8%-17.1%
Call IV 25d57.6%51.6%62.6%56.6%52.0%
Put IV 25d47.6%43.6%51.5%47.5%43.6%
Bid-Ask Spread %12.747.5516.9510.8510.19
Gamma HHI0.220.140.400.140.40
Net GEX11.1M4.0M16.9M4.0M16.9M
Net DEX-140.0M-276.0M-32.0M-32.0M-124.5M
Net VEX-999.4K-1.1M-839.0K-839.0K-969.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.080.190.190.14
Total Volume8,836.45,00117,39411,4056,730
Total OI43,925.533,65151,46247,68739,984

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$262.00$275.0050.6%13.5%58.0%20.1%50.4%-9.1%-0.6%4.0M-32.0M-839.0K0.1910.85N/AN/A9,6161,78939,8047,883
2024-03-04$264.75$250.0050.6%14.9%55.6%20.0%53.2%-8.7%3.5%9.0M-93.3M-937.3K0.0816.95N/AN/A4,63536638,1207,306
2024-03-05$282.25$250.0056.1%15.0%60.6%32.7%54.6%-10.5%-1.0%13.4M-219.0M-1.1M0.1216.21N/AN/A10,9001,26539,2537,424
2024-03-06$274.50$250.0053.4%15.2%60.9%26.6%56.9%-11.5%-2.8%9.3M-123.2M-1.0M0.1915.49N/AN/A7,5601,41637,0177,859
2024-03-07$261.50$250.0053.0%14.7%61.5%25.5%57.0%-10.0%-12.7%7.4M-72.0M-940.0K0.1811.15N/AN/A7,7751,38239,1398,009
2024-03-08$272.75$250.0054.3%15.6%63.7%28.5%55.0%-9.9%-0.6%14.1M-165.9M-1.1M0.1113.56N/AN/A15,6271,76742,5088,211
2024-03-11$276.75$250.0054.5%15.7%63.2%29.1%56.8%-11.3%2.0%11.2M-182.4M-1.1M0.1413.40N/AN/A5,92080638,6637,450
2024-03-12$265.75$250.0046.5%15.2%64.6%10.4%54.1%-10.3%3.0%8.7M-97.5M-991.3K0.1313.01N/AN/A8,3091,05339,3417,764
2024-03-13$272.00$250.0052.4%14.5%61.7%24.1%50.9%-12.1%-1.1%13.9M-175.5M-1.0M0.1913.87N/AN/A4,28581542,3007,533
2024-03-14$276.75$250.0064.5%14.9%60.7%55.2%54.1%-14.8%-1.3%16.7M-212.0M-1.0M0.169.21N/AN/A7,0211,09442,5627,870
2024-03-15$284.00$250.0054.5%15.2%61.5%30.6%57.7%-10.6%-4.2%9.7M-276.0M-1.1M0.1615.96N/AN/A10,2661,67943,3478,115
2024-03-18$274.00$250.0054.4%15.6%62.1%31.1%56.5%-11.5%0.7%9.3M-146.8M-985.5K0.167.55N/AN/A7,3141,20527,0776,574
2024-03-19$275.00$250.0052.5%15.1%60.9%26.4%56.1%-11.2%0.9%14.8M-189.0M-1.1M0.1112.46N/AN/A9,4251,04630,4606,923
2024-03-20$262.00$250.0048.4%13.9%62.3%17.6%50.8%-9.0%1.0%10.2M-103.9M-980.3K0.179.81N/AN/A10,2321,78431,3537,059
2024-03-21$256.25$250.0046.8%13.4%51.4%14.1%50.1%-7.6%1.1%8.3M-78.9M-964.3K0.1410.87N/AN/A9,7891,32133,6287,406
2024-03-22$256.75$250.0047.6%13.5%51.1%16.6%49.3%-7.5%1.4%8.8M-102.3M-964.6K0.1914.36N/AN/A5,5591,05837,6827,588
2024-03-25$258.00$250.0048.6%13.6%51.2%19.6%49.4%-8.4%2.1%10.9M-123.0M-997.0K0.1110.80N/AN/A4,74051531,0906,775
2024-03-26$261.25$250.0047.3%13.2%51.6%16.5%48.6%-9.0%2.2%12.0M-140.6M-961.5K0.1215.27N/AN/A4,87260831,2856,895
2024-03-27$260.75$250.0046.6%12.8%50.9%14.7%47.7%-8.6%2.0%13.5M-142.8M-972.2K0.1613.94N/AN/A4,47870632,2616,992
2024-03-28$260.75$250.0046.6%12.8%50.2%14.9%46.5%-8.3%2.3%16.9M-124.5M-969.7K0.1410.19N/AN/A5,90282832,7767,208