SQQQ Options History — February 2025

In February 2025, SQQQ traded between $132.40 and $163.25. ATM implied volatility averaged 58.1%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 5.1% (HV 20d: 53.0%). Max pain ranged from $135.00 to $140.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-02-27: Highest Volume — 45,424 contracts
  • 2025-02-21: Largest IV spike — 20.4% change
  • 2025-02-27: Highest IV Rank — 51.0%
  • 2025-02-27: Largest Expected Move — 21.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$143.41$132.40$163.25$148.15$161.15
Max Pain$136.58$135.00$140.00$140.00$140.00
ATM IV58.1%48.2%77.0%64.0%74.4%
Expected Move16.5%13.8%21.8%17.7%20.5%
HV 20d53.0%40.9%63.8%63.8%48.3%
HV 60d55.9%53.8%58.4%58.4%58.0%
IV Rank26.5%13.6%51.0%34.1%47.6%
IV Percentile58.6%21.0%98.0%83.3%97.2%
Term Structure3.5%-5.0%21.3%-4.7%21.3%
VWIV61.5%53.6%76.1%64.9%73.9%
Skew 25d-17.6%-25.6%-6.6%-25.6%-20.7%
Skew 10d-26.1%-38.9%16.2%-3.0%-26.5%
Call IV 25d68.5%58.8%86.7%78.3%81.3%
Put IV 25d50.9%41.0%67.9%52.7%60.6%
Bid-Ask Spread %13.8310.1617.1316.9914.39
Gamma HHI0.130.080.360.110.24
Net GEX9.5M5.6M18.2M7.1M16.5M
Net DEX-161.8M-466.6M-5.7M-161.3M-425.6M
Net VEX-807.6K-1.1M-716.5K-740.7K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.120.500.230.41
Total Volume27,128.10515,71745,42428,23338,460
Total OI62,196.68447,63481,10047,63481,100

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$148.15$140.0064.0%17.7%63.8%34.1%64.9%-25.6%-4.7%7.1M-161.3M-740.7K0.2316.99N/AN/A22,9095,32435,78611,848
2025-02-04$143.50$140.0055.5%16.0%62.2%23.1%59.1%-22.6%7.5%5.6M-95.6M-724.1K0.3216.13N/AN/A13,5314,30037,85913,768
2025-02-05$142.70$140.0051.2%15.2%61.3%17.6%56.0%-6.6%14.2%6.9M-102.5M-730.8K0.2217.13N/AN/A15,9093,54843,05814,733
2025-02-06$140.30$135.0052.9%15.5%58.0%19.7%59.5%-15.3%-0.1%6.4M-75.0M-716.5K0.1710.16N/AN/A16,4652,73948,04615,589
2025-02-07$144.65$135.0055.1%16.0%59.3%22.6%58.6%-17.2%0.5%13.0M-162.1M-753.8K0.2312.12N/AN/A30,5466,92155,22316,314
2025-02-10$139.40$140.0053.6%15.6%57.6%20.7%58.6%-17.3%0.8%6.2M-81.3M-729.2K0.2910.82N/AN/A12,7803,73436,59012,785
2025-02-11$140.65$135.0052.9%15.4%57.3%19.8%57.8%-16.9%0.6%8.9M-116.1M-779.9K0.1211.73N/AN/A17,7732,22042,37114,282
2025-02-12$140.60$135.0053.5%15.6%57.1%20.5%61.2%-16.3%0.6%11.2M-122.5M-776.6K0.1810.77N/AN/A22,5404,15147,02514,879
2025-02-13$135.05$135.0051.2%15.0%50.6%17.5%59.5%-14.8%1.1%6.9M-32.3M-719.8K0.1512.77N/AN/A35,1545,31453,24315,861
2025-02-14$132.80$135.0049.5%14.7%50.2%15.3%55.6%-14.8%3.0%6.4M-5.7M-737.9K0.3314.07N/AN/A17,6315,80662,76417,042
2025-02-18$133.40$135.0052.2%15.1%48.6%18.9%56.9%-16.5%7.7%7.9M-68.2M-747.0K0.2712.83N/AN/A12,4083,30944,44713,354
2025-02-19$132.40$135.0048.2%13.8%48.5%13.6%53.6%-15.8%10.8%8.4M-60.3M-740.7K0.1616.30N/AN/A14,2462,32147,71214,248
2025-02-20$134.20$135.0050.6%14.4%46.6%16.7%54.4%-16.7%7.0%12.5M-100.2M-769.2K0.2616.76N/AN/A17,9104,57650,50814,751
2025-02-21$142.40$135.0060.9%16.0%51.2%30.1%59.5%-21.0%6.1%18.2M-265.2M-827.5K0.2515.22N/AN/A31,3157,84851,90315,266
2025-02-24$145.65$135.0062.8%17.3%51.7%32.6%64.5%-19.1%-0.1%7.6M-190.2M-844.4K0.3014.29N/AN/A17,3735,23636,04513,282
2025-02-25$152.80$135.0068.9%19.0%45.2%40.5%71.0%-18.7%-1.9%8.7M-281.5M-897.8K0.3513.02N/AN/A25,2458,91639,74214,975
2025-02-26$151.70$135.0069.4%19.2%40.9%41.1%68.3%-20.2%-2.4%8.8M-261.3M-946.5K0.5013.37N/AN/A20,99710,55543,95618,352
2025-02-27$163.25$140.0077.0%21.8%48.0%51.0%76.1%-18.9%-5.0%13.2M-466.6M-1.0M0.4414.00N/AN/A31,61913,80550,44922,581
2025-02-28$161.15$140.0074.4%20.5%48.3%47.6%73.9%-20.7%21.3%16.5M-425.6M-1.1M0.4114.39N/AN/A27,22011,24053,54627,554