QLD Options History — June 2010

In June 2010, QLD traded between $0.79 and $0.96. ATM implied volatility averaged 53.4%, placing in the 55.8% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 5.8% (HV 20d: 59.2%). Max pain ranged from $0.92 to $0.95. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.87.

Notable Days

  • 2010-06-18: Highest Volume — 487,552 contracts
  • 2010-06-04: Largest IV spike — 25.3% change
  • 2010-06-07: Highest IV Rank — 86.5%
  • 2010-06-01: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.90$0.79$0.96$0.89$0.79
Max Pain$0.94$0.92$0.95$0.92$0.94
ATM IV53.4%41.2%69.6%64.0%58.8%
Expected Move15.1%11.8%18.3%18.3%16.8%
HV 20d59.2%47.9%69.5%68.9%52.5%
HV 60d50.0%44.8%53.9%44.8%53.9%
IV Rank55.8%32.9%86.5%75.8%65.9%
IV Percentile86.3%49.2%99.2%98.4%94.8%
Term Structure2.6%-4.5%7.3%-0.3%3.9%
VWIV52.5%41.8%63.1%61.3%61.0%
Skew 25d13.6%8.8%19.5%19.5%8.8%
Skew 10d26.5%16.7%38.3%38.3%20.8%
Call IV 25d46.6%36.4%56.7%56.7%55.8%
Put IV 25d60.2%47.3%76.2%76.2%64.6%
Bid-Ask Spread %47.3116.7777.5165.6574.49
Gamma HHI0.090.050.340.070.06
Net GEX962.8K-627.2K3.3M636.6K-627.2K
Net DEX7.2M-49.6M45.9M13.1M45.9M
Net VEX-244.0K-310.7K-204.2K-301.7K-204.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.191.720.521.72
Total Volume260,436.364142,656487,552178,752174,656
Total OI3,325,265.4552,424,1924,112,1923,260,2243,132,608

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$0.89$0.9264.0%18.3%68.9%75.8%61.3%19.5%-0.3%636.6K13.1M-301.7K0.5265.65N/AN/A117,82460,9281,622,1441,638,080
2010-06-02$0.93$0.9252.8%15.1%69.1%54.7%55.9%14.6%2.9%1.1M-3.0M-304.2K0.4954.02N/AN/A118,78458,6241,670,1441,649,472
2010-06-03$0.95$0.9249.1%14.1%69.5%47.7%52.4%14.3%0.8%1.6M-16.7M-310.7K0.5253.90N/AN/A131,00868,3521,746,5601,660,416
2010-06-04$0.88$0.9561.5%16.6%69.4%71.1%63.1%18.4%7.3%955.0K14.3M-295.2K1.0356.96N/AN/A157,952163,2641,785,6001,677,824
2010-06-07$0.85$0.9569.6%18.1%68.6%86.5%58.6%18.9%3.3%560.7K30.6M-258.7K0.1957.52N/AN/A294,33657,0881,786,0481,699,776
2010-06-08$0.85$0.9564.6%17.1%57.9%77.0%61.9%16.9%4.8%199.3K37.7M-244.6K0.7048.80N/AN/A150,592105,4721,698,9441,723,776
2010-06-09$0.83$0.9563.6%17.6%58.0%75.1%60.4%14.1%1.7%195.4K39.2M-237.7K0.6556.57N/AN/A144,57694,6561,764,8641,722,560
2010-06-10$0.88$0.9556.8%16.3%60.3%62.3%53.8%16.3%2.2%1.0M20.4M-247.8K0.5954.18N/AN/A126,14474,8801,822,0161,734,912
2010-06-11$0.90$0.9453.4%15.3%60.3%55.8%49.6%15.3%2.8%1.5M12.7M-245.7K0.5731.02N/AN/A118,72067,2641,868,7361,766,592
2010-06-14$0.90$0.9450.9%14.6%59.0%51.2%54.0%11.1%5.3%1.9M8.8M-234.4K1.6532.69N/AN/A108,608179,0081,893,3761,759,296
2010-06-15$0.94$0.9448.8%14.0%62.2%47.2%48.6%11.1%2.1%2.8M-25.1M-232.8K1.0569.29N/AN/A219,520231,4881,916,0961,862,272
2010-06-16$0.95$0.9446.9%13.4%61.5%43.5%47.6%11.9%2.6%3.2M-33.8M-232.7K0.9634.01N/AN/A158,400151,6801,964,6722,008,896
2010-06-17$0.96$0.9444.0%12.6%61.1%38.2%45.7%11.0%6.1%3.3M-40.3M-224.6K1.1829.60N/AN/A93,184110,4001,984,8962,060,928
2010-06-18$0.96$0.9441.8%12.0%54.0%34.1%41.8%10.9%6.2%3.1M-49.6M-206.0K0.4516.77N/AN/A336,704150,8481,994,7522,117,440
2010-06-21$0.95$0.9441.2%11.8%54.1%32.9%43.2%10.6%2.0%399.6K-4.2M-208.7K1.0322.89N/AN/A187,520194,0481,041,2801,382,912
2010-06-22$0.93$0.9447.4%13.6%54.6%44.6%46.6%10.5%0.9%176.2K4.4M-227.2K1.4118.02N/AN/A73,088103,2321,130,8161,506,112
2010-06-23$0.92$0.9447.2%13.5%54.7%44.2%45.8%11.0%2.3%106.6K7.0M-230.2K0.8868.38N/AN/A116,928103,2321,150,4001,549,568
2010-06-24$0.89$0.9450.9%14.6%55.3%51.2%48.8%11.9%2.9%-56.9K16.0M-229.1K0.8329.17N/AN/A93,12077,1201,202,7521,609,280
2010-06-25$0.89$0.9448.8%14.0%48.1%47.3%47.5%11.9%1.6%-135.3K20.0M-237.0K1.2419.71N/AN/A106,752131,8401,226,4321,636,992
2010-06-28$0.88$0.9450.7%14.5%47.9%50.7%46.8%14.6%0.9%-159.9K21.0M-237.1K0.6269.60N/AN/A88,06454,5921,281,7921,696,320
2010-06-29$0.82$0.9461.7%17.7%55.3%71.5%59.9%14.7%-4.5%-502.3K40.9M-218.2K0.7877.51N/AN/A210,944164,1601,300,7361,706,752
2010-06-30$0.79$0.9458.8%16.8%52.5%65.9%61.0%8.8%3.9%-627.2K45.9M-204.2K1.7274.49N/AN/A64,256110,4001,370,3681,762,240