QLD Options History — October 2015

In October 2015, QLD traded between $4.02 and $5.08. ATM implied volatility averaged 35.2%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 5.6% (HV 20d: 40.8%). Max pain ranged from $4.25 to $4.44. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2015-10-16: Highest Volume — 68,768 contracts
  • 2015-10-09: Largest IV drop — 20.4% change
  • 2015-10-01: Highest IV Rank — 55.4%
  • 2015-10-01: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.60$4.02$5.08$4.02$5.05
Max Pain$4.35$4.25$4.44$4.34$4.44
ATM IV35.2%29.8%51.9%51.9%29.8%
Expected Move10.2%8.5%14.9%14.9%8.5%
HV 20d40.8%29.7%47.3%42.6%29.7%
HV 60d47.1%46.1%48.5%46.1%48.0%
IV Rank25.1%15.2%55.4%55.4%15.2%
IV Percentile66.9%47.6%92.5%92.5%47.6%
Term Structure1.2%-1.1%4.7%-1.1%1.5%
VWIV36.5%30.7%44.6%44.1%30.7%
Skew 25d10.8%7.8%15.3%15.3%8.5%
Skew 10d20.7%14.4%28.8%16.5%15.5%
Call IV 25d30.5%25.3%43.3%43.3%26.2%
Put IV 25d41.3%34.4%58.6%58.6%34.7%
Bid-Ask Spread %53.6740.0377.1877.1862.20
Gamma HHI0.060.040.240.050.04
Net GEX503.8K-87.5K2.3M-87.5K620.9K
Net DEX-28.2M-46.9M1.7M1.7M-46.7M
Net VEX-104.8K-116.8K-91.0K-110.3K-108.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.241.000.800.86
Total Volume55,411.63613,16868,76856,81658,560
Total OI305,893.818205,024385,280342,880264,752

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$4.02$4.3451.9%14.9%42.6%55.4%44.1%15.3%-1.1%-87.5K1.7M-110.3K0.8077.18N/AN/A31,64825,168197,264145,616
2015-10-02$4.23$4.3445.0%12.9%46.6%42.9%44.6%11.0%0.5%18.7K-8.5M-111.0K1.0074.20N/AN/A30,33630,400199,680146,080
2015-10-05$4.37$4.2539.0%11.8%47.3%31.9%42.5%12.9%0.7%288.1K-17.8M-116.8K0.2440.03N/AN/A10,6402,528200,864146,896
2015-10-06$4.33$4.3140.9%11.8%44.3%35.5%40.2%13.0%0.7%194.3K-15.2M-114.7K0.9743.83N/AN/A30,57629,792206,608148,672
2015-10-07$4.37$4.3137.0%11.8%43.3%28.3%39.0%14.4%0.4%242.3K-17.5M-113.4K0.9942.49N/AN/A29,82429,584207,776150,512
2015-10-08$4.41$4.3139.6%10.6%42.7%33.1%38.4%10.7%0.8%336.8K-20.2M-111.6K0.9945.70N/AN/A31,04030,768208,976151,216
2015-10-09$4.45$4.3131.5%11.0%42.7%18.4%40.6%12.3%0.9%631.4K-25.6M-111.9K0.8942.19N/AN/A30,11226,832211,952152,352
2015-10-12$4.47$4.3134.3%10.5%42.7%23.4%39.1%11.0%1.7%633.7K-28.3M-100.2K0.9042.55N/AN/A30,22427,184212,304155,040
2015-10-13$4.42$4.3138.9%10.4%42.0%31.7%39.4%14.1%1.6%439.1K-24.1M-104.4K0.7849.47N/AN/A36,36828,336211,600158,400
2015-10-14$4.39$4.3138.7%11.1%41.8%31.4%39.5%13.1%1.4%144.0K-20.4M-104.3K0.7546.60N/AN/A37,52028,144216,048160,752
2015-10-15$4.55$4.2534.7%9.9%43.7%24.1%34.0%8.4%2.2%1.1M-34.5M-97.9K0.8147.19N/AN/A34,08027,776217,792163,568
2015-10-16$4.59$4.3132.2%9.2%42.6%19.6%34.0%9.1%2.4%2.3M-40.2M-91.0K0.8249.63N/AN/A37,84030,928220,112165,168
2015-10-19$4.63$4.3831.0%8.9%42.6%17.4%32.2%8.8%3.1%270.2K-24.8M-94.6K0.7854.38N/AN/A23,26418,192112,25692,768
2015-10-20$4.57$4.3832.3%9.3%39.4%19.8%35.0%10.1%2.4%273.7K-24.8M-93.6K0.8552.48N/AN/A21,88818,560116,38495,920
2015-10-21$4.53$4.3833.1%9.5%39.2%21.2%36.7%13.2%-0.1%325.4K-24.5M-101.5K0.7558.32N/AN/A22,67216,928121,56898,240
2015-10-22$4.71$4.3830.0%8.6%40.9%15.6%31.4%9.5%4.7%416.4K-29.7M-98.7K0.6855.70N/AN/A24,19216,544123,29699,136
2015-10-23$4.99$4.3829.8%8.6%43.9%15.3%31.8%9.1%0.2%429.7K-40.2M-92.5K0.5858.38N/AN/A40,97623,776126,176100,208
2015-10-26$4.99$4.3832.8%9.4%36.8%20.8%33.3%9.1%-1.0%581.8K-43.1M-106.5K0.6662.38N/AN/A37,20024,368143,280107,344
2015-10-27$5.01$4.3831.0%8.9%35.7%17.5%32.2%8.6%1.9%622.0K-43.2M-108.9K0.7055.54N/AN/A35,69625,040144,448108,320
2015-10-28$5.08$4.4430.5%8.7%33.7%16.5%32.2%7.8%-0.1%621.8K-46.9M-100.9K0.8961.86N/AN/A33,16829,648146,480110,240
2015-10-29$5.08$4.4430.4%8.7%32.8%16.3%32.1%8.3%1.8%625.1K-45.5M-113.3K0.7758.41N/AN/A34,35226,384147,792115,808
2015-10-30$5.05$4.4429.8%8.5%29.7%15.2%30.7%8.5%1.5%620.9K-46.7M-108.5K0.8662.20N/AN/A31,50427,056148,848115,904