QLD Options History — October 2010

In October 2010, QLD traded between $1.01 and $1.17. ATM implied volatility averaged 37.7%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 9.1% (HV 20d: 28.7%). Max pain ranged from $0.97 to $1.08. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.92.

Notable Days

  • 2010-10-15: Highest Volume — 593,344 contracts
  • 2010-10-14: Largest IV spike — 21.1% change
  • 2010-10-26: Highest IV Rank — 34.0%
  • 2010-10-04: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.10$1.01$1.17$1.03$1.17
Max Pain$1.03$0.97$1.08$0.97$1.08
ATM IV37.7%32.3%41.8%38.9%40.0%
Expected Move11.4%10.4%13.4%11.2%11.5%
HV 20d28.7%25.2%31.4%25.2%27.6%
HV 60d34.4%32.7%36.8%35.5%32.7%
IV Rank26.3%16.0%34.0%28.6%30.7%
IV Percentile41.2%17.9%62.7%46.8%54.4%
Term Structure2.8%-0.5%5.7%5.7%-0.5%
VWIV40.9%36.9%49.1%37.1%40.8%
Skew 25d8.3%6.4%10.4%7.9%7.5%
Skew 10d16.4%11.1%20.5%16.1%14.0%
Call IV 25d36.0%33.6%40.9%35.2%36.1%
Put IV 25d44.3%40.2%51.3%43.1%43.7%
Bid-Ask Spread %28.1614.5050.0414.5042.83
Gamma HHI0.100.070.280.100.08
Net GEX1.5M745.4K2.5M1.2M1.2M
Net DEX-64.6M-118.0M-33.4M-45.1M-67.0M
Net VEX-232.3K-275.3K-174.0K-230.9K-275.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.311.540.310.98
Total Volume238,829.714115,392593,344144,320115,392
Total OI2,795,925.3331,971,1363,260,6082,808,1282,789,312

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-10-01$1.03$0.9738.9%11.2%25.2%28.6%37.1%7.9%5.7%1.2M-45.1M-230.9K0.3114.50N/AN/A110,52833,7921,311,7441,496,384
2010-10-04$1.01$1.0040.9%13.4%25.5%32.3%49.1%10.4%2.4%1.1M-33.4M-216.2K0.9422.29N/AN/A111,168104,6401,321,7921,500,160
2010-10-05$1.06$1.0036.0%12.0%28.3%23.0%44.6%9.9%4.3%1.5M-61.9M-206.8K0.6725.67N/AN/A177,024118,5281,327,1681,534,272
2010-10-06$1.04$1.0037.0%12.2%29.0%24.9%41.9%9.4%3.8%1.7M-53.0M-220.6K0.6015.42N/AN/A151,55290,5601,405,1201,583,872
2010-10-07$1.05$1.0036.8%12.2%29.0%24.6%45.1%8.6%3.1%2.1M-61.3M-226.0K0.8615.34N/AN/A135,552116,3521,483,8401,606,528
2010-10-08$1.06$1.0033.2%11.5%29.1%17.8%41.6%8.3%4.6%2.1M-70.3M-220.0K1.0222.44N/AN/A82,88084,7361,480,5121,643,648
2010-10-11$1.06$1.0035.7%11.5%27.9%22.6%41.1%7.0%4.0%2.4M-74.0M-202.6K0.9618.16N/AN/A69,44066,9441,493,5041,646,720
2010-10-12$1.08$1.0034.6%11.3%28.1%20.5%40.3%9.3%4.5%2.4M-85.4M-194.3K0.7217.20N/AN/A119,04085,9521,491,7121,654,144
2010-10-13$1.10$1.0032.3%11.0%28.2%16.0%38.5%7.8%5.2%2.5M-95.4M-190.8K0.9829.53N/AN/A145,280141,8241,516,8641,666,880
2010-10-14$1.09$1.0239.1%11.2%28.4%28.9%40.4%9.0%4.2%2.2M-92.4M-194.1K0.8519.13N/AN/A69,88859,4561,528,1921,712,256
2010-10-15$1.14$1.0338.3%11.0%31.2%27.3%39.8%8.9%3.0%1.3M-118.0M-174.0K0.5723.32N/AN/A376,768216,5761,531,9041,728,704
2010-10-18$1.14$1.0538.4%11.0%29.6%27.7%39.7%8.4%4.0%846.8K-48.0M-210.8K1.0419.24N/AN/A130,752135,680870,9761,100,160
2010-10-19$1.11$1.0641.0%11.7%31.3%32.4%40.7%7.8%0.3%745.4K-36.2M-230.3K1.1333.04N/AN/A234,560265,280928,4481,180,416
2010-10-20$1.12$1.0639.1%11.2%31.4%29.0%41.4%8.5%1.0%989.4K-45.7M-255.4K0.7433.62N/AN/A195,776144,8961,056,1921,264,000
2010-10-21$1.13$1.0538.4%11.0%31.3%27.7%40.3%8.0%1.7%1.1M-50.3M-272.9K1.1831.46N/AN/A102,208120,3841,168,8961,365,440
2010-10-22$1.14$1.0636.2%10.4%28.8%23.5%36.9%6.6%2.1%1.1M-55.0M-274.6K0.9636.02N/AN/A66,68864,3201,169,4081,409,472
2010-10-25$1.15$1.0636.7%10.5%28.3%24.4%38.3%6.4%3.2%1.3M-63.7M-268.6K1.5450.04N/AN/A71,872110,8481,194,9441,420,864
2010-10-26$1.16$1.0641.8%12.0%28.3%34.0%41.3%8.5%1.1%1.2M-63.1M-266.6K1.1343.98N/AN/A90,944102,8481,202,5601,438,848
2010-10-27$1.17$1.0638.7%11.1%28.0%28.2%39.6%8.4%0.2%1.3M-66.5M-273.6K1.1443.57N/AN/A103,808118,5281,229,8241,480,192
2010-10-28$1.17$1.0639.1%11.2%27.5%28.9%40.4%8.0%0.7%1.2M-69.9M-274.3K1.0734.46N/AN/A83,32888,8321,249,1521,529,408
2010-10-29$1.17$1.0840.0%11.5%27.6%30.7%40.8%7.5%-0.5%1.2M-67.0M-275.3K0.9842.83N/AN/A58,17657,2161,242,4961,546,816