SQQQ Options History — January 2026

In January 2026, SQQQ traded between $62.73 and $70.91. ATM implied volatility averaged 55.2%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 14.8% (HV 20d: 40.4%). Max pain ranged from $65.00 to $69.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2026-01-02: Highest Volume — 65,746 contracts
  • 2026-01-20: Largest IV spike — 29.5% change
  • 2026-01-20: Highest IV Rank — 24.1%
  • 2026-01-20: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.05$62.73$70.91$68.91$66.32
Max Pain$66.85$65.00$69.00$68.00$65.00
ATM IV55.2%49.8%67.0%53.3%61.7%
Expected Move15.4%14.0%19.1%14.6%18.2%
HV 20d40.4%33.8%43.4%40.7%41.8%
HV 60d52.8%51.7%55.7%55.6%52.2%
IV Rank14.5%10.1%24.1%13.0%19.8%
IV Percentile39.1%15.1%75.4%31.0%67.1%
Term Structure0.1%-6.1%6.3%-1.4%-2.9%
VWIV57.5%50.2%70.1%50.2%61.2%
Skew 25d-18.6%-29.1%-5.3%-17.2%-24.6%
Skew 10d-39.3%-61.6%-24.1%-36.2%-47.2%
Call IV 25d67.3%55.9%81.9%67.3%78.2%
Put IV 25d48.7%41.4%57.4%50.1%53.6%
Bid-Ask Spread %26.7816.3148.6648.6629.60
Gamma HHI0.130.080.240.210.12
Net GEX5.2M-13.4K11.6M9.0M11.3M
Net DEX-58.4M-155.4M23.5M-144.1M-155.4M
Net VEX-756.8K-967.2K-540.5K-540.5K-967.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.201.161.160.28
Total Volume41,249.720,10065,74665,74662,160
Total OI107,393.4574,580139,13096,126139,130

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$68.91$68.0053.3%14.6%40.7%13.0%50.2%-17.2%-1.4%9.0M-144.1M-540.5K1.1648.66N/AN/A30,41535,33165,74130,385
2026-01-05$67.20$66.0053.1%15.8%41.5%12.8%57.3%-16.7%1.9%4.0M-52.1M-563.7K1.1520.55N/AN/A13,52215,55849,65624,924
2026-01-06$65.50$66.0049.8%14.9%42.1%10.1%53.8%-11.9%6.3%2.8M-13.5M-594.5K0.4422.95N/AN/A13,9706,13056,24830,793
2026-01-07$65.45$66.0053.6%14.7%41.8%13.1%60.3%-15.4%3.8%2.7M-11.0M-610.4K0.3922.46N/AN/A21,4318,38461,92333,295
2026-01-08$66.62$67.0056.3%15.1%42.1%15.3%56.7%-15.0%-0.6%8.1M-99.7M-653.5K0.2016.31N/AN/A22,3564,38174,15235,753
2026-01-09$64.47$68.0051.9%14.0%43.4%11.8%52.2%-14.1%1.4%1.3M23.5M-591.4K0.2621.14N/AN/A46,96112,30472,28536,456
2026-01-12$64.34$66.0051.4%14.1%42.7%11.4%53.0%-5.3%-6.1%3.8M-23.9M-598.0K0.3322.50N/AN/A24,2247,91956,62726,641
2026-01-13$65.37$66.0055.0%15.3%37.8%14.4%63.0%-23.5%1.6%5.9M-50.5M-710.1K0.2326.73N/AN/A23,1185,23262,08132,183
2026-01-14$67.32$66.0056.0%15.2%39.3%15.1%58.5%-20.6%-3.3%11.6M-120.3M-745.9K0.4619.96N/AN/A33,82315,72268,22833,791
2026-01-15$66.28$69.0056.5%14.8%39.5%15.6%54.3%-18.5%-4.5%10.1M-66.4M-764.4K0.3625.58N/AN/A23,6608,48074,38740,284
2026-01-16$66.44$69.0051.8%14.8%33.8%11.7%55.9%-18.0%-3.2%8.1M-69.9M-765.0K0.4918.79N/AN/A32,94916,00077,87642,446
2026-01-20$70.91$69.0067.0%19.1%38.7%24.1%70.1%-24.4%0.3%3.4M-132.6M-814.8K0.4023.40N/AN/A31,44712,60553,24136,530
2026-01-21$67.90$68.0058.3%16.7%40.6%17.0%60.3%-29.1%3.0%2.8M-61.4M-861.5K0.4641.93N/AN/A38,89318,04363,16042,234
2026-01-22$66.78$68.0054.7%15.6%40.6%14.0%59.4%-20.6%1.0%1.9M-37.1M-890.6K0.4525.74N/AN/A27,00512,23374,87047,554
2026-01-23$65.93$68.0054.9%15.6%40.6%14.2%55.5%-18.8%-0.2%-13.4K-6.1M-883.1K0.2126.17N/AN/A40,8478,57481,51548,754
2026-01-26$64.72$67.0052.1%14.2%39.7%12.0%54.3%-18.1%4.5%2.7M-31.0M-861.4K0.2028.78N/AN/A21,6244,21764,49336,054
2026-01-27$63.25$65.0052.4%14.9%40.5%12.2%54.6%-17.9%1.2%2.8M-13.1M-872.7K0.3927.71N/AN/A24,0889,49773,09038,280
2026-01-28$62.73$65.0055.6%15.7%40.0%14.8%61.2%-19.7%-4.2%3.6M-10.0M-902.3K0.2537.46N/AN/A23,5755,94484,18743,667
2026-01-29$64.49$65.0059.3%15.4%41.4%17.8%58.6%-22.6%4.1%9.1M-92.3M-945.8K0.3129.21N/AN/A47,44314,92990,34644,609
2026-01-30$66.32$65.0061.7%18.2%41.8%19.8%61.2%-24.6%-2.9%11.3M-155.4M-967.2K0.2829.60N/AN/A48,46113,69992,90946,221