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TQQQ 3x Nasdaq 100 ETF

TQQQ IV Rank — are 3x Nasdaq 100 ETF's options cheap or expensive right now?

IV Rank
59
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
71%
IV Percentile
84%
52-wk IV high
105%
52-wk IV low
20%
Where current IV sits in its 52-week range
20%105%

3x Nasdaq 100 ETF's options are currently expensive. With an IV Rank of 59, implied volatility sits near the top of its 1-year range and richer than roughly 84% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.

Suggested play
Short strangle / iron condor
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for TQQQ
Other etf names
SPY 47QQQ 60IWM 18DIA 52GLD 25SLV 14

Frequently asked

What does an IV Rank of 59 mean for TQQQ?
It means 3x Nasdaq 100 ETF's implied volatility is currently near the high end of its past-year range, so its options are relatively expensive.
Should I buy or sell TQQQ options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.

IV Rank data is 15-minute delayed. Educational information, not investment advice.