SQQQ Options History — September 2024

In September 2024, SQQQ traded between $182.75 and $242.00. ATM implied volatility averaged 61.8%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 1.2% (HV 20d: 60.6%). Max pain ranged from $175.00 to $200.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.18.

Notable Days

  • 2024-09-06: Highest Volume — 17,141 contracts
  • 2024-09-06: Largest IV spike — 7.7% change
  • 2024-09-06: Highest IV Rank — 47.4%
  • 2024-09-06: Largest Expected Move — 21.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$207.55$182.75$242.00$225.00$187.25
Max Pain$177.50$175.00$200.00$200.00$175.00
ATM IV61.8%51.5%74.3%71.9%56.9%
Expected Move17.4%14.2%21.7%20.2%15.8%
HV 20d60.6%55.1%67.9%67.9%58.9%
HV 60d68.6%66.6%70.1%66.6%69.5%
IV Rank31.2%17.9%47.4%44.3%24.8%
IV Percentile76.7%52.0%97.6%96.0%69.0%
Term Structure0.7%-5.4%7.5%-5.4%7.5%
VWIV65.5%54.8%75.8%74.7%59.0%
Skew 25d-18.1%-23.6%-11.1%-22.8%-18.1%
Skew 10d-31.4%-46.0%29.9%-46.0%-37.2%
Call IV 25d73.6%61.4%88.7%85.0%70.5%
Put IV 25d55.5%48.4%67.9%62.2%52.4%
Bid-Ask Spread %14.617.6926.4315.7412.80
Gamma HHI0.190.140.400.140.18
Net GEX8.0M5.0M12.7M8.9M6.1M
Net DEX-177.5M-409.6M-75.8M-273.9M-123.6M
Net VEX-1.1M-1.3M-951.0K-1.2M-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.130.300.160.14
Total Volume9,059.455,31617,14111,6215,846
Total OI53,40047,23266,77349,52947,232

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$225.00$200.0071.9%20.2%67.9%44.3%74.7%-22.8%-5.4%8.9M-273.9M-1.2M0.1615.74N/AN/A10,0201,60140,8838,646
2024-09-04$224.50$200.0071.8%20.0%65.0%44.2%72.7%-23.6%-2.2%8.8M-259.2M-1.2M0.197.69N/AN/A6,7161,29540,7429,337
2024-09-05$226.75$175.0068.9%19.5%63.1%40.5%72.0%-19.0%0.4%9.5M-261.9M-1.2M0.2026.43N/AN/A6,7561,36541,8319,688
2024-09-06$242.00$175.0074.3%21.7%63.2%47.4%75.8%-20.8%-0.3%8.5M-409.6M-1.3M0.1920.39N/AN/A14,4212,72043,19910,139
2024-09-09$235.75$175.0072.8%19.4%63.4%45.6%75.3%-20.4%-4.6%7.8M-281.1M-1.2M0.2921.42N/AN/A7,1852,05038,0309,450
2024-09-10$228.25$175.0070.2%19.7%64.3%42.1%73.5%-21.0%-1.3%7.7M-247.5M-1.2M0.3022.38N/AN/A5,4681,64540,1829,931
2024-09-11$215.75$175.0065.3%19.4%61.4%35.7%72.0%-18.4%2.8%7.1M-173.6M-1.1M0.1716.79N/AN/A10,8591,81242,5259,992
2024-09-12$206.75$175.0063.9%17.0%63.0%34.0%69.3%-18.1%-5.4%6.7M-121.3M-1.0M0.1714.63N/AN/A10,5301,76545,05210,168
2024-09-13$204.00$175.0059.1%16.8%56.0%27.7%64.9%-18.1%-0.5%6.3M-122.5M-1.0M0.158.52N/AN/A6,37798548,8899,994
2024-09-16$207.25$175.0060.4%16.9%56.3%29.4%68.2%-19.8%4.5%8.0M-158.8M-1.0M0.149.46N/AN/A5,05469644,1908,896
2024-09-17$208.50$175.0059.9%17.0%55.3%28.8%66.0%-21.4%4.9%8.4M-172.7M-1.1M0.139.82N/AN/A5,56870945,5339,189
2024-09-18$209.00$175.0057.4%16.5%55.1%25.6%65.2%-18.8%4.6%9.8M-184.9M-1.1M0.1915.25N/AN/A9,6101,86547,4339,388
2024-09-19$192.75$175.0058.7%17.1%62.6%27.2%62.2%-17.6%-5.4%5.0M-75.8M-951.0K0.2012.00N/AN/A13,8452,71650,3159,907
2024-09-20$194.50$175.0055.9%16.0%60.5%23.6%57.8%-15.7%1.0%6.8M-110.6M-1.0M0.1714.63N/AN/A8,1581,39656,62010,153
2024-09-23$194.50$175.0055.3%15.6%59.8%22.8%58.5%-15.2%1.6%8.6M-134.7M-1.0M0.1812.29N/AN/A4,74484239,9867,874
2024-09-24$191.75$175.0051.5%14.2%59.0%17.9%54.8%-11.1%6.2%8.9M-120.3M-984.7K0.1912.28N/AN/A5,5631,08042,0968,316
2024-09-25$187.50$175.0052.5%14.8%59.3%19.2%56.5%-15.2%2.1%7.6M-108.3M-1.0M0.1713.03N/AN/A4,55775943,7238,643
2024-09-26$182.75$175.0053.8%15.1%58.3%20.9%56.0%-13.7%2.3%6.6M-90.1M-994.1K0.1616.57N/AN/A7,2921,17945,5858,708
2024-09-27$186.50$175.0054.7%15.2%59.0%22.1%55.4%-12.8%1.7%12.7M-119.1M-1.0M0.1510.15N/AN/A5,32581547,0088,527
2024-09-30$187.25$175.0056.9%15.8%58.9%24.8%59.0%-18.1%7.5%6.1M-123.6M-1.0M0.1412.80N/AN/A5,10973739,5197,713