QLD Options History — October 2009

In October 2009, QLD traded between $0.74 and $0.84. ATM implied volatility averaged 42.3%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 9.3% (HV 20d: 33.0%). Max pain ranged from $0.73 to $0.81. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.92.

Notable Days

  • 2009-10-16: Highest Volume — 837,824 contracts
  • 2009-10-30: Largest IV spike — 17.3% change
  • 2009-10-30: Highest IV Rank — 10.7%
  • 2009-10-30: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.80$0.74$0.84$0.75$0.75
Max Pain$0.79$0.73$0.81$0.73$0.81
ATM IV42.3%38.0%50.0%49.0%50.0%
Expected Move12.5%10.9%14.3%14.0%14.3%
HV 20d33.0%30.1%36.9%34.6%36.9%
HV 60d33.1%31.7%35.7%35.0%35.7%
IV Rank3.0%0.0%10.7%6.6%10.7%
IV Percentile10.2%0.0%36.1%27.8%36.1%
Term Structure2.4%0.3%5.2%1.7%0.3%
VWIV43.9%37.2%50.9%49.4%49.8%
Skew 25d8.4%7.0%10.3%8.7%9.6%
Skew 10d16.0%12.1%19.7%15.8%16.0%
Call IV 25d39.8%34.1%46.6%45.5%46.6%
Put IV 25d48.2%41.6%56.2%54.2%56.2%
Bid-Ask Spread %16.579.8521.269.8516.33
Gamma HHI0.140.070.810.080.07
Net GEX1.5M-123.9K6.8M641.7K-123.9K
Net DEX-35.5M-83.6M16.6M-19.8M16.6M
Net VEX-221.1K-269.2K-176.3K-214.7K-262.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.252.110.960.85
Total Volume316,811.636174,720837,824328,256392,832
Total OI3,211,301.8181,751,1684,124,0323,308,6723,208,256

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$0.75$0.7349.0%14.0%34.6%6.6%49.4%8.7%1.7%641.7K-19.8M-214.7K0.969.85N/AN/A167,808160,4481,658,6241,650,048
2009-10-02$0.74$0.7349.0%14.0%34.6%6.6%49.5%9.3%1.5%543.8K-16.2M-216.9K0.5910.39N/AN/A112,76866,1761,701,9521,733,120
2009-10-05$0.76$0.7849.9%14.3%32.0%7.3%50.9%10.3%0.7%733.7K-22.4M-209.6K0.7514.13N/AN/A99,64875,0721,726,3361,754,240
2009-10-06$0.78$0.7845.0%13.5%33.4%3.7%47.5%9.5%1.7%1.3M-41.1M-208.8K0.9313.81N/AN/A161,600149,8881,750,0801,773,440
2009-10-07$0.79$0.7843.4%13.2%33.1%2.5%47.9%9.4%1.5%1.5M-44.4M-210.0K1.4016.27N/AN/A74,432104,0641,798,5921,823,296
2009-10-08$0.80$0.7841.4%13.0%32.6%1.0%45.6%9.3%1.2%1.7M-51.1M-211.9K0.2517.62N/AN/A234,30458,4321,812,0321,888,960
2009-10-09$0.80$0.7838.8%13.0%32.8%0.0%45.3%9.7%1.8%2.2M-58.4M-207.4K2.1118.28N/AN/A66,112139,5201,873,5361,908,800
2009-10-12$0.81$0.7838.6%12.6%32.7%0.0%45.7%8.6%1.8%2.1M-56.9M-194.3K0.7119.54N/AN/A151,872107,2641,854,7201,960,640
2009-10-13$0.81$0.7842.2%12.5%32.7%3.1%44.9%8.1%3.1%2.3M-57.9M-195.4K0.2717.70N/AN/A197,31253,1201,849,2161,997,440
2009-10-14$0.83$0.7838.3%12.2%32.5%0.0%43.7%8.2%3.8%3.1M-83.6M-188.6K0.6314.73N/AN/A159,872101,1841,943,9362,020,544
2009-10-15$0.83$0.7841.8%12.0%32.5%3.0%42.2%7.8%3.3%3.5M-83.1M-183.0K0.8518.00N/AN/A169,792144,5121,954,6882,035,008
2009-10-16$0.82$0.8040.0%11.5%32.9%1.5%40.4%7.0%5.2%6.8M-73.3M-176.3K0.6721.26N/AN/A501,824336,0001,980,9922,143,040
2009-10-19$0.83$0.8038.0%10.9%33.5%0.0%39.0%7.9%4.0%655.5K-28.5M-187.3K0.7716.69N/AN/A227,584174,592915,648835,520
2009-10-20$0.83$0.8038.0%10.9%33.5%0.0%37.4%7.9%4.6%839.8K-32.9M-211.6K0.7217.18N/AN/A200,640145,2161,090,368961,408
2009-10-21$0.83$0.8038.1%10.9%33.2%0.1%37.2%7.4%3.3%958.3K-34.1M-226.9K1.0018.03N/AN/A248,832248,0641,199,4241,032,960
2009-10-22$0.84$0.8138.1%10.9%32.6%0.1%38.2%7.5%2.8%872.4K-32.5M-251.7K0.6517.55N/AN/A122,43279,9361,308,5441,201,984
2009-10-23$0.83$0.8138.5%11.0%32.0%0.5%38.5%7.0%3.8%830.3K-29.2M-256.0K1.1216.45N/AN/A115,712129,1521,348,7361,243,328
2009-10-26$0.82$0.8140.9%11.7%30.1%2.6%40.7%8.3%2.3%731.1K-24.8M-259.8K2.0720.37N/AN/A97,856202,2401,420,2881,317,632
2009-10-27$0.80$0.8142.9%12.3%31.9%4.3%42.2%7.3%1.9%403.0K-10.4M-262.0K0.9217.58N/AN/A160,192146,6241,448,7681,388,608
2009-10-28$0.76$0.8146.9%13.4%36.0%7.9%47.0%7.2%0.4%-5.0K9.4M-259.5K1.2214.59N/AN/A185,216226,6881,531,5201,472,192
2009-10-29$0.79$0.8142.6%12.2%30.9%4.2%42.3%8.5%2.6%424.3K-5.8M-269.2K0.7918.17N/AN/A152,320120,7041,605,7601,524,416
2009-10-30$0.75$0.8150.0%14.3%36.9%10.7%49.8%9.6%0.3%-123.9K16.6M-262.7K0.8516.33N/AN/A212,096180,7361,629,2481,579,008