QLD Options History — June 2015

In June 2015, QLD traded between $4.54 and $4.90. ATM implied volatility averaged 28.9%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 5.9% (HV 20d: 23.0%). Max pain ranged from $4.56 to $4.81. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2015-06-03: Highest Volume — 94,432 contracts
  • 2015-06-29: Largest IV spike — 50.3% change
  • 2015-06-29: Highest IV Rank — 60.7%
  • 2015-06-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.76$4.54$4.90$4.84$4.59
Max Pain$4.64$4.56$4.81$4.78$4.69
ATM IV28.9%22.9%40.9%26.7%36.0%
Expected Move8.2%6.6%11.7%7.7%10.3%
HV 20d23.0%19.7%26.2%25.8%26.2%
HV 60d26.2%24.5%28.0%28.0%26.3%
IV Rank32.2%17.7%60.7%26.8%49.2%
IV Percentile54.7%16.3%96.0%46.8%88.5%
Term Structure0.4%-25.7%6.1%1.3%-2.5%
VWIV30.0%23.6%40.7%30.9%37.9%
Skew 25d9.3%6.6%13.8%9.7%12.0%
Skew 10d16.6%13.1%23.1%13.4%22.5%
Call IV 25d24.0%20.0%32.0%23.9%30.2%
Put IV 25d33.3%26.6%45.8%33.6%42.3%
Bid-Ask Spread %41.0229.0464.3543.0529.04
Gamma HHI0.080.050.220.060.07
Net GEX1.2M587.4K2.6M1.2M605.6K
Net DEX-46.6M-65.1M-22.7M-29.7M-23.6M
Net VEX-216.2K-246.8K-185.9K-246.8K-202.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.531.240.941.14
Total Volume56,750.5455,85694,43293,82465,936
Total OI434,512.727365,664554,528546,384395,296

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$4.84$4.7826.7%7.7%25.8%26.8%30.9%9.7%1.3%1.2M-29.7M-246.8K0.9443.05N/AN/A48,25645,568313,344233,040
2015-06-02$4.82$4.6628.5%8.2%25.9%31.1%27.7%7.7%-1.0%1.1M-54.3M-230.7K1.2044.01N/AN/A2,6563,200237,536175,056
2015-06-03$4.84$4.8127.2%7.8%22.9%27.9%30.1%7.6%-25.7%687.9K-58.4M-220.2K0.8840.41N/AN/A50,14444,288316,896237,632
2015-06-04$4.76$4.5632.5%8.4%22.8%40.6%31.9%10.5%3.6%1.1M-50.2M-239.1K0.7742.43N/AN/A23,24817,936245,936181,408
2015-06-05$4.75$4.5631.4%8.4%22.4%38.0%30.3%10.0%1.8%1.1M-47.2M-236.5K0.7042.95N/AN/A26,72018,752246,656183,312
2015-06-08$4.66$4.5636.4%8.9%22.0%49.9%31.5%11.0%2.4%1.0M-40.5M-235.0K0.5535.48N/AN/A29,96816,544249,936184,192
2015-06-09$4.64$4.5632.0%9.0%21.8%39.5%30.5%9.8%1.3%896.2K-36.0M-232.9K0.6030.78N/AN/A33,32820,080252,544187,136
2015-06-10$4.77$4.5629.2%8.4%23.8%32.8%28.3%8.1%1.8%1.3M-50.1M-226.8K0.7534.73N/AN/A33,31224,928256,544191,072
2015-06-11$4.77$4.6328.1%8.0%23.8%30.0%29.5%8.6%3.1%1.5M-53.7M-232.2K0.6334.55N/AN/A31,80820,192260,752196,320
2015-06-12$4.70$4.6328.0%8.0%21.9%29.8%30.0%9.6%4.2%1.3M-44.8M-229.1K0.6636.91N/AN/A30,01619,728261,536197,184
2015-06-15$4.66$4.6329.1%8.3%22.1%32.6%29.8%9.0%2.2%916.6K-36.9M-219.8K0.6437.10N/AN/A32,48020,800261,440198,320
2015-06-16$4.70$4.6328.7%8.2%22.1%31.6%29.6%10.6%2.6%1.2M-41.5M-218.2K0.6137.25N/AN/A34,36821,008261,792198,976
2015-06-17$4.73$4.6329.9%8.6%22.3%34.5%27.9%10.0%0.7%1.5M-47.0M-203.9K0.6164.35N/AN/A35,88821,968265,376199,072
2015-06-18$4.85$4.6324.6%7.0%24.2%21.7%27.5%7.8%6.1%2.3M-65.1M-205.1K0.7247.07N/AN/A38,80027,936265,920201,536
2015-06-19$4.83$4.5925.0%7.2%24.0%22.6%28.8%7.7%4.8%2.6M-64.4M-202.3K0.5342.99N/AN/A51,93627,472267,984200,816
2015-06-22$4.89$4.6323.0%6.6%24.4%17.9%24.9%7.2%4.0%1.3M-58.6M-193.2K0.7046.23N/AN/A30,62421,568218,256147,408
2015-06-23$4.90$4.6322.9%6.6%22.6%17.7%23.6%6.6%1.9%1.4M-60.0M-185.9K0.7645.86N/AN/A26,91220,576222,768150,768
2015-06-24$4.85$4.6924.7%7.1%19.7%21.9%28.0%8.2%1.3%1.3M-52.0M-196.9K0.8544.80N/AN/A28,60824,208215,648152,416
2015-06-25$4.83$4.6925.2%7.2%19.7%23.2%29.0%8.9%2.4%1.3M-47.8M-200.6K0.8545.59N/AN/A27,64823,600214,096155,952
2015-06-26$4.76$4.6927.2%7.8%20.0%28.0%32.5%9.5%0.8%1.2M-41.3M-200.1K1.2441.07N/AN/A28,22435,120214,960157,520
2015-06-29$4.54$4.6940.9%11.7%25.7%60.7%40.7%13.8%-8.0%587.4K-22.7M-197.6K1.0435.84N/AN/A30,41631,744216,320168,608
2015-06-30$4.59$4.6936.0%10.3%26.2%49.2%37.9%12.0%-2.5%605.6K-23.6M-202.7K1.1429.04N/AN/A30,80035,136219,792175,504