QLD Options History — June 2017

In June 2017, QLD traded between $7.24 and $7.84. ATM implied volatility averaged 29.1%, placing in the 42.6% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 1.2% (HV 20d: 27.9%). Max pain ranged from $5.31 to $7.38. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 3.38.

Notable Days

  • 2017-06-12: Highest Volume — 93,200 contracts
  • 2017-06-09: Largest IV spike — 62.0% change
  • 2017-06-12: Highest IV Rank — 100.0%
  • 2017-06-29: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.52$7.24$7.84$7.65$7.25
Max Pain$6.52$5.31$7.38$7.31$6.88
ATM IV29.1%21.4%48.9%21.4%32.2%
Expected Move7.9%6.1%10.1%6.1%9.2%
HV 20d27.9%20.5%33.7%20.5%32.4%
HV 60d21.0%17.0%24.6%17.0%24.6%
IV Rank42.6%20.4%100.0%20.4%51.6%
IV Percentile70.7%27.0%100.0%27.0%91.7%
Term Structure0.6%-2.8%3.4%2.6%0.3%
VWIV30.2%23.1%37.9%23.1%34.9%
Skew 25d7.9%4.0%11.0%4.0%11.0%
Skew 10d16.8%8.9%24.2%8.9%19.1%
Call IV 25d24.7%20.6%32.0%20.6%27.9%
Put IV 25d32.6%24.6%39.3%24.6%38.9%
Bid-Ask Spread %72.6659.8680.9159.8673.34
Gamma HHI0.080.050.130.120.06
Net GEX221.3K-233.1K664.7K503.6K6.5K
Net DEX-24.9M-40.7M-11.4M-34.6M-11.7M
Net VEX-91.0K-112.9K-65.8K-72.4K-112.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.382.174.794.793.46
Total Volume69,682.18255,29693,20059,15284,976
Total OI197,793.455156,960240,272156,960225,744

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$7.65$7.3121.4%6.1%20.5%20.4%23.1%4.0%2.6%503.6K-34.6M-72.4K4.7959.86N/AN/A10,20848,94467,28089,680
2017-06-02$7.82$7.3821.7%6.2%21.6%21.1%27.2%4.1%1.7%504.8K-39.2M-69.1K4.1865.58N/AN/A10,67244,62468,736105,424
2017-06-05$7.83$5.3122.8%7.1%21.6%24.2%24.8%7.1%-2.0%596.2K-40.7M-65.8K4.0979.22N/AN/A11,08845,39269,888106,624
2017-06-06$7.77$5.3124.3%7.2%22.0%28.7%30.1%6.3%2.8%622.4K-38.5M-77.0K3.4471.71N/AN/A13,34445,93672,464108,208
2017-06-07$7.84$5.3125.1%7.2%22.0%31.2%29.8%6.9%2.6%664.7K-40.6M-72.4K2.5667.63N/AN/A18,30446,92874,224109,264
2017-06-08$7.84$5.4425.1%7.2%22.1%31.2%25.8%6.2%-2.8%626.8K-40.4M-73.1K2.1776.10N/AN/A20,49644,46475,744110,928
2017-06-09$7.42$5.4440.8%8.9%30.4%76.8%35.2%4.5%1.1%96.0K-22.0M-91.6K3.1076.64N/AN/A22,51269,88876,400111,552
2017-06-12$7.32$6.2548.9%9.3%30.8%100.0%37.9%9.3%-1.2%-233.1K-16.5M-100.7K3.4173.72N/AN/A21,13672,06481,344125,632
2017-06-13$7.49$6.5634.1%7.9%31.8%57.1%28.9%7.1%3.4%262.1K-25.1M-91.9K3.0971.69N/AN/A18,72057,85684,512129,920
2017-06-14$7.39$6.5628.7%8.2%32.1%41.4%31.8%10.0%2.7%102.6K-19.7M-98.7K2.6480.91N/AN/A20,49654,16085,520144,944
2017-06-15$7.34$6.8829.9%8.6%27.5%44.8%34.2%10.0%-1.3%-66.5K-14.4M-98.7K2.9267.69N/AN/A19,45656,84888,416146,672
2017-06-16$7.30$6.8829.2%8.4%27.2%42.8%33.6%8.8%0.9%-24.0K-13.5M-99.4K3.1762.72N/AN/A18,56058,80089,520150,752
2017-06-19$7.53$6.8826.4%7.6%29.2%34.7%28.4%11.0%0.2%95.4K-23.7M-91.0K2.9972.39N/AN/A15,02444,84865,120113,936
2017-06-20$7.43$6.8827.8%8.0%29.1%38.9%29.4%9.0%-0.6%151.6K-22.8M-99.6K3.0973.85N/AN/A14,17643,80869,712114,688
2017-06-21$7.56$6.8825.9%7.4%29.7%33.2%27.4%10.0%2.3%251.3K-25.3M-93.1K3.5173.76N/AN/A14,09649,52070,976115,568
2017-06-22$7.57$6.8827.2%7.8%29.5%37.0%29.9%7.7%0.1%132.9K-22.8M-101.7K4.3468.96N/AN/A11,21648,62471,584122,352
2017-06-23$7.61$6.8825.6%7.3%28.7%32.4%28.2%7.4%0.9%181.9K-23.6M-97.8K4.1571.72N/AN/A11,53647,85671,920122,480
2017-06-26$7.55$6.8827.4%7.9%28.9%37.7%29.2%8.8%0.5%199.2K-24.3M-94.6K3.4076.22N/AN/A14,62449,74473,104123,040
2017-06-27$7.31$6.8832.8%9.4%31.0%53.4%31.4%6.6%-1.1%72.6K-17.3M-98.2K3.4379.37N/AN/A15,05651,63275,744124,816
2017-06-28$7.48$6.8827.3%7.8%32.1%37.4%28.9%9.3%0.5%82.3K-20.0M-98.7K2.6175.11N/AN/A20,19252,68877,088127,504
2017-06-29$7.24$6.8835.3%10.1%33.7%60.4%34.8%8.6%-0.1%38.4K-11.4M-102.7K3.7780.44N/AN/A19,37673,12083,376129,056
2017-06-30$7.25$6.8832.2%9.2%32.4%51.6%34.9%11.0%0.3%6.5K-11.7M-112.9K3.4673.34N/AN/A19,04065,93685,200140,544