SQQQ Options History — April 2024

In April 2024, SQQQ traded between $258.50 and $323.75. ATM implied volatility averaged 56.9%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 10.4% (HV 20d: 46.5%). Max pain ranged from $250.00 to $275.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.22.

Notable Days

  • 2024-04-12: Highest Volume — 22,678 contracts
  • 2024-04-04: Largest IV spike — 13.6% change
  • 2024-04-19: Highest IV Rank — 78.8%
  • 2024-04-19: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$283.47$258.50$323.75$260.75$293.25
Max Pain$257.95$250.00$275.00$250.00$275.00
ATM IV56.9%50.1%66.7%50.1%56.3%
Expected Move16.2%13.6%19.0%13.6%16.7%
HV 20d46.5%35.3%58.4%47.2%58.4%
HV 60d52.1%49.7%55.1%50.1%53.6%
IV Rank47.6%26.1%78.8%26.1%45.6%
IV Percentile63.9%27.8%95.6%27.8%69.0%
Term Structure0.8%-2.3%9.9%-2.0%-0.5%
VWIV58.8%48.9%66.0%48.9%60.5%
Skew 25d-12.7%-16.6%-9.7%-9.7%-10.8%
Skew 10d-24.8%-32.4%-18.0%-18.0%-20.1%
Call IV 25d65.6%57.5%75.8%57.5%63.9%
Put IV 25d52.8%45.7%61.5%47.8%53.0%
Bid-Ask Spread %11.748.5014.8514.0613.39
Gamma HHI0.210.110.320.190.16
Net GEX9.7M5.9M13.1M8.9M10.4M
Net DEX-223.8M-472.9M-114.2M-129.5M-227.1M
Net VEX-1.1M-1.2M-975.7K-986.1K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.110.430.140.14
Total Volume9,845.2274,07222,6785,0557,863
Total OI37,162.533,28942,74634,56237,626

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$260.75$250.0050.1%13.6%47.2%26.1%48.9%-9.7%-2.0%8.9M-129.5M-986.1K0.1414.06N/AN/A4,44960628,1846,378
2024-04-02$267.50$250.0050.6%13.7%48.0%27.4%51.5%-9.8%-0.8%11.4M-177.0M-1.0M0.1414.85N/AN/A6,20389829,3286,535
2024-04-03$265.75$250.0050.8%13.8%41.7%28.1%49.5%-9.9%0.2%9.7M-148.9M-975.7K0.2411.07N/AN/A4,3251,02028,6206,881
2024-04-04$276.75$250.0057.7%16.0%43.3%50.0%56.4%-12.1%9.9%13.1M-237.2M-1.1M0.1510.06N/AN/A10,1811,56029,9177,003
2024-04-05$268.25$250.0053.0%15.9%41.1%35.3%57.7%-13.6%-1.0%7.6M-179.9M-1.0M0.1914.23N/AN/A13,1052,44030,3417,410
2024-04-08$268.25$250.0052.9%15.7%38.2%35.0%56.8%-12.0%2.3%10.0M-176.3M-1.0M0.1912.37N/AN/A3,41665628,8346,648
2024-04-09$267.75$250.0052.1%15.8%37.7%32.3%56.6%-15.2%4.8%10.4M-181.2M-1.1M0.1112.77N/AN/A6,25166529,9347,006
2024-04-10$272.25$250.0054.7%15.7%35.3%40.5%55.8%-11.7%-0.1%12.7M-213.0M-1.1M0.219.67N/AN/A6,7251,40331,2117,236
2024-04-11$258.50$250.0052.8%14.6%39.0%34.6%57.1%-12.8%-1.3%7.4M-114.2M-991.8K0.1712.77N/AN/A9,2731,57631,4807,662
2024-04-12$272.25$250.0059.3%16.9%43.0%55.0%60.7%-15.1%-0.5%10.5M-261.3M-1.1M0.119.50N/AN/A20,4412,23735,2027,544
2024-04-15$286.50$250.0061.9%17.5%45.9%63.3%62.2%-16.6%3.7%9.6M-262.1M-1.1M0.2510.45N/AN/A9,8622,50327,7167,180
2024-04-16$284.50$250.0059.9%17.1%44.0%57.2%63.7%-16.2%3.5%10.0M-247.5M-1.1M0.3313.06N/AN/A5,4071,77128,4248,200
2024-04-17$295.50$250.0062.4%17.9%45.8%65.0%63.3%-13.5%0.9%11.4M-314.9M-1.1M0.2710.04N/AN/A7,6872,10328,8138,465
2024-04-18$301.00$250.0061.8%17.7%41.7%63.0%63.4%-13.9%0.8%12.1M-342.6M-1.1M0.278.73N/AN/A7,5862,01329,0309,200
2024-04-19$323.75$250.0066.7%19.0%46.3%78.8%66.0%-14.2%0.8%10.5M-472.9M-1.2M0.278.50N/AN/A13,8563,71929,3229,693
2024-04-22$311.25$275.0061.9%17.6%49.7%63.3%63.1%-13.6%0.1%5.9M-261.5M-1.2M0.439.93N/AN/A7,1883,06224,3088,981
2024-04-23$297.25$275.0058.4%16.5%53.4%52.4%61.4%-12.4%-1.4%7.0M-201.8M-1.1M0.3111.92N/AN/A5,9901,86426,2398,822
2024-04-24$294.75$275.0058.7%16.5%53.7%53.1%61.4%-11.3%-0.2%8.5M-204.6M-1.1M0.2112.93N/AN/A8,2241,70428,1568,880
2024-04-25$301.00$275.0059.2%16.9%53.8%54.9%61.1%-12.0%-2.3%11.3M-267.9M-1.2M0.2410.92N/AN/A8,3192,00829,9439,196
2024-04-26$284.75$275.0055.3%15.7%58.2%42.6%57.7%-11.7%-2.0%6.7M-131.0M-1.1M0.1913.13N/AN/A10,0511,95030,1169,475
2024-04-29$284.75$275.0055.9%16.2%58.2%44.4%59.1%-12.0%2.1%8.3M-170.3M-1.1M0.2113.98N/AN/A3,66876728,7557,681
2024-04-30$293.25$275.0056.3%16.7%58.4%45.6%60.5%-10.8%-0.5%10.4M-227.1M-1.2M0.1413.39N/AN/A6,87598829,7787,848