SQQQ Options History — August 2024

In August 2024, SQQQ traded between $198.00 and $272.25. ATM implied volatility averaged 69.1%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded below realized volatility by 17.4% (HV 20d: 86.5%). Max pain ranged from $200.00 to $200.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2024-08-02: Highest Volume — 25,510 contracts
  • 2024-08-05: Largest IV spike — 34.7% change
  • 2024-08-01: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$223.27$198.00$272.25$232.25$207.25
Max Pain$200.00$200.00$200.00$200.00$200.00
ATM IV69.1%54.1%114.8%74.6%60.2%
Expected Move19.5%15.4%31.1%22.8%15.9%
HV 20d86.5%69.2%96.4%76.1%69.2%
HV 60d62.2%52.2%65.4%52.2%64.3%
IV Rank44.9%21.3%100.0%100.0%29.2%
IV Percentile86.3%63.1%100.0%100.0%79.0%
Term Structure1.0%-6.2%9.8%-2.8%-0.8%
VWIV73.6%58.4%110.4%78.8%58.4%
Skew 25d-18.9%-36.2%-10.7%-14.2%-14.2%
Skew 10d-29.6%-45.6%-15.6%-27.5%-30.8%
Call IV 25d81.3%64.1%134.9%83.2%66.5%
Put IV 25d62.5%50.6%98.7%68.9%52.3%
Bid-Ask Spread %21.304.7233.979.9515.02
Gamma HHI0.160.110.390.180.15
Net GEX7.3M5.1M10.7M10.4M6.2M
Net DEX-221.5M-445.6M-86.4M-323.9M-156.0M
Net VEX-1.1M-1.4M-1.0M-1.1M-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.110.300.160.18
Total Volume13,009.7736,60225,51018,9188,748
Total OI52,095.27341,27361,24747,62358,829

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$232.25$200.0074.6%22.8%76.1%100.0%78.8%-14.2%-2.8%10.4M-323.9M-1.1M0.169.95N/AN/A16,2852,63337,6259,998
2024-08-02$249.00$200.0085.2%25.9%76.8%100.0%91.1%-29.9%-6.2%10.7M-416.3M-1.2M0.2033.97N/AN/A21,2404,27035,23311,002
2024-08-05$272.25$200.00114.8%31.1%81.0%100.0%110.4%-36.2%-0.2%5.4M-445.6M-1.4M0.304.72N/AN/A17,8005,34631,4749,799
2024-08-06$255.75$200.0086.7%23.7%85.7%63.5%89.7%-26.2%9.8%5.8M-327.4M-1.2M0.1917.94N/AN/A12,6722,39231,47011,556
2024-08-07$266.00$200.0088.0%25.3%84.0%65.3%92.3%-25.9%-1.2%7.5M-414.8M-1.3M0.1415.14N/AN/A13,5421,85134,18811,919
2024-08-08$247.25$200.0082.8%23.2%88.7%58.5%86.9%-26.1%-0.5%6.9M-314.1M-1.3M0.1317.95N/AN/A16,1512,06137,70412,572
2024-08-09$242.00$200.0072.6%21.5%88.9%45.3%81.1%-19.6%0.4%6.7M-303.9M-1.3M0.1518.94N/AN/A10,5341,58342,95812,985
2024-08-12$242.75$200.0072.5%21.2%88.9%45.1%80.3%-21.4%2.4%7.7M-306.7M-1.3M0.1313.73N/AN/A6,62988938,45310,691
2024-08-13$224.50$200.0067.5%19.1%94.5%38.6%76.2%-22.1%-0.7%6.0M-195.6M-1.2M0.1514.02N/AN/A12,1261,83840,28710,924
2024-08-14$224.00$200.0060.9%17.4%91.4%30.0%69.0%-18.8%-0.3%8.1M-209.5M-1.1M0.1119.36N/AN/A13,2191,43843,77210,833
2024-08-15$206.25$200.0054.5%15.7%96.4%21.8%67.4%-13.6%0.6%5.6M-95.6M-1.0M0.1924.30N/AN/A14,5262,74846,83811,116
2024-08-16$206.75$200.0056.2%15.4%95.6%24.0%64.2%-12.1%-2.8%5.2M-134.0M-1.1M0.1925.36N/AN/A6,6801,27250,52410,723
2024-08-19$201.00$200.0054.1%15.5%94.5%21.3%62.2%-13.5%4.4%5.1M-86.7M-1.0M0.1926.02N/AN/A5,6351,05440,5769,479
2024-08-20$199.00$200.0056.4%16.1%94.4%24.3%58.9%-13.7%6.9%5.6M-86.4M-1.0M0.2132.43N/AN/A7,5721,57643,0339,809
2024-08-21$198.00$200.0057.9%16.6%87.2%26.2%62.5%-14.4%4.3%6.6M-97.7M-1.0M0.1824.95N/AN/A6,4361,13845,0269,458
2024-08-22$206.75$200.0065.5%18.3%88.3%36.1%70.1%-15.0%3.5%10.7M-174.0M-1.1M0.1627.65N/AN/A11,4481,81346,7139,856
2024-08-23$201.00$200.0057.5%16.1%88.7%25.7%59.4%-10.7%6.1%7.8M-116.8M-1.0M0.1930.81N/AN/A11,2772,19147,81610,407
2024-08-26$206.25$200.0061.4%16.7%89.4%30.7%67.1%-15.6%-0.4%7.5M-159.9M-1.1M0.1725.02N/AN/A6,3371,07241,3228,582
2024-08-27$203.50$200.0061.2%16.4%87.2%30.5%63.5%-15.9%-0.9%6.8M-138.4M-1.1M0.1927.38N/AN/A5,5301,07242,2298,974
2024-08-28$209.75$200.0068.0%18.4%81.0%39.3%68.0%-18.8%0.1%9.1M-188.9M-1.1M0.1722.18N/AN/A11,7261,97444,2049,173
2024-08-29$210.75$200.0062.1%16.7%74.6%31.7%61.9%-17.2%-0.5%10.3M-179.9M-1.1M0.1921.73N/AN/A8,3001,59146,1249,842
2024-08-30$207.25$200.0060.2%15.9%69.2%29.2%58.4%-14.2%-0.8%6.2M-156.0M-1.0M0.1815.02N/AN/A7,3971,35148,8899,940