QLD Options History — June 2009

In June 2009, QLD traded between $0.55 and $0.62. ATM implied volatility averaged 49.9%, placing in the 6.9% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 4.2% (HV 20d: 45.7%). Max pain ranged from $0.47 to $0.55. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2009-06-19: Highest Volume — 701,824 contracts
  • 2009-06-22: Largest IV spike — 12.2% change
  • 2009-06-16: Highest IV Rank — 11.6%
  • 2009-06-16: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.59$0.55$0.62$0.60$0.60
Max Pain$0.50$0.47$0.55$0.52$0.55
ATM IV49.9%42.5%56.3%51.4%42.9%
Expected Move14.5%12.2%16.1%14.7%12.3%
HV 20d45.7%36.4%54.7%54.7%36.4%
HV 60d53.8%46.9%63.1%63.1%46.9%
IV Rank6.9%1.3%11.6%9.2%1.7%
IV Percentile14.1%1.6%28.6%17.1%2.8%
Term Structure2.7%-0.3%5.7%0.6%5.3%
VWIV51.2%42.3%55.7%52.2%44.4%
Skew 25d10.8%7.8%15.4%15.4%9.9%
Skew 10d20.6%11.8%25.4%25.4%23.2%
Call IV 25d45.5%38.2%50.3%43.9%38.2%
Put IV 25d56.2%47.1%62.2%59.3%48.2%
Bid-Ask Spread %16.7811.4725.6014.9912.07
Gamma HHI0.140.110.370.120.16
Net GEX1.6M709.4K2.2M1.4M1.8M
Net DEX-72.8M-103.4M-25.9M-86.0M-52.2M
Net VEX-173.2K-203.7K-134.5K-189.7K-167.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.351.360.471.02
Total Volume327,511.273191,616701,824627,136215,040
Total OI4,190,792.7272,517,3125,184,6404,026,4963,503,168

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$0.60$0.5251.4%14.7%54.7%9.2%52.2%15.4%0.6%1.4M-86.0M-189.7K0.4714.99N/AN/A427,392199,7442,358,7841,667,712
2009-06-02$0.60$0.5352.0%14.9%53.0%8.4%52.4%11.9%1.6%1.4M-86.9M-201.7K0.5015.05N/AN/A175,55286,9762,487,3601,763,776
2009-06-03$0.60$0.5351.0%14.6%53.0%7.6%53.3%10.2%3.3%1.5M-86.1M-203.7K1.2115.94N/AN/A107,392129,4082,541,8241,791,360
2009-06-04$0.61$0.5351.3%14.7%53.3%7.9%53.3%11.8%2.8%1.5M-96.0M-195.6K0.4512.97N/AN/A188,16084,8002,552,0641,801,408
2009-06-05$0.61$0.4751.0%15.3%49.4%7.7%53.1%11.5%1.0%1.6M-98.4M-196.8K0.4622.61N/AN/A240,448111,1042,614,6561,824,192
2009-06-08$0.61$0.4751.4%15.9%49.7%7.9%55.4%11.2%-0.3%1.7M-95.7M-193.4K0.5920.42N/AN/A144,76884,7362,656,5761,892,224
2009-06-09$0.62$0.4748.9%14.8%49.8%6.1%51.3%11.8%2.1%1.8M-103.4M-182.4K0.4215.37N/AN/A176,89673,7922,667,9681,924,096
2009-06-10$0.61$0.4747.9%14.9%48.7%5.4%54.2%11.1%2.9%2.0M-99.5M-186.7K0.6525.60N/AN/A191,808125,0562,754,0481,951,232
2009-06-11$0.61$0.4852.0%14.9%42.5%8.4%54.1%10.8%2.3%2.2M-103.2M-187.5K1.0316.65N/AN/A138,304142,2082,841,7922,000,640
2009-06-12$0.61$0.4850.1%14.4%42.8%7.0%53.4%10.6%3.9%2.2M-99.0M-176.7K0.9223.92N/AN/A139,776128,1922,870,5282,050,112
2009-06-15$0.58$0.4855.7%16.0%46.6%11.1%55.7%11.9%1.7%1.9M-67.8M-172.6K0.5515.05N/AN/A212,864117,3122,899,0722,085,440
2009-06-16$0.57$0.4856.3%16.1%44.3%11.6%54.8%10.9%0.2%1.9M-58.4M-166.9K0.5817.80N/AN/A139,52080,7042,958,5922,100,416
2009-06-17$0.58$0.5053.4%15.3%44.4%9.5%52.6%11.8%0.8%2.0M-69.0M-159.0K0.6917.65N/AN/A230,656158,7842,992,0002,130,368
2009-06-18$0.58$0.5050.9%14.6%44.3%7.5%53.1%10.9%3.8%2.0M-69.8M-149.8K0.7422.06N/AN/A168,128123,9683,000,8962,166,208
2009-06-19$0.59$0.5047.4%13.6%42.0%5.0%48.2%9.8%4.2%2.0M-85.7M-134.5K0.3516.81N/AN/A520,512181,3122,998,1442,186,496
2009-06-22$0.56$0.5253.2%15.2%47.7%9.3%54.2%9.1%2.3%793.4K-28.3M-135.6K1.3617.18N/AN/A231,552314,3681,536,640980,672
2009-06-23$0.55$0.5251.6%14.8%40.2%8.1%50.6%7.8%2.7%709.4K-25.9M-152.4K0.4812.90N/AN/A195,00892,6721,646,2721,184,000
2009-06-24$0.57$0.5248.2%13.8%41.2%5.6%49.0%9.2%4.0%953.5K-35.1M-155.8K0.3812.69N/AN/A268,224100,9921,718,4001,226,432
2009-06-25$0.59$0.5344.3%12.7%42.4%2.7%45.2%10.6%5.5%1.3M-49.4M-162.9K0.5311.47N/AN/A239,552126,7841,836,5441,288,256
2009-06-26$0.60$0.5342.5%12.2%41.9%1.3%42.3%8.8%5.7%1.6M-52.9M-172.0K0.4917.37N/AN/A128,70462,9121,975,7441,368,320
2009-06-29$0.60$0.5344.2%12.7%36.4%2.6%43.8%9.9%3.5%1.7M-54.0M-167.5K0.6712.52N/AN/A119,04080,1282,014,7841,388,224
2009-06-30$0.60$0.5542.9%12.3%36.4%1.7%44.4%9.9%5.3%1.8M-52.2M-167.6K1.0212.07N/AN/A106,496108,5442,068,2241,434,944