QLD Options History — August 2017

In August 2017, QLD traded between $7.54 and $8.08. ATM implied volatility averaged 27.1%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.2% (HV 20d: 21.9%). Max pain ranged from $7.63 to $8.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.38.

Notable Days

  • 2017-08-18: Highest Volume — 31,032 contracts
  • 2017-08-17: Largest IV spike — 22.3% change
  • 2017-08-21: Highest IV Rank — 50.7%
  • 2017-08-21: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.78$7.54$8.08$7.82$8.08
Max Pain$7.74$7.63$8.00$7.81$7.63
ATM IV27.1%22.6%31.9%26.5%24.1%
Expected Move7.9%6.9%9.1%7.6%6.9%
HV 20d21.9%12.8%28.4%19.5%28.4%
HV 60d26.9%26.1%27.9%26.1%27.9%
IV Rank36.9%23.7%50.7%35.1%27.9%
IV Percentile66.1%35.3%90.1%66.7%41.3%
Term Structure1.4%-1.8%4.0%-0.2%3.8%
VWIV30.5%25.5%36.8%27.4%25.5%
Skew 25d9.3%6.3%12.7%6.9%8.0%
Skew 10d18.1%12.4%23.0%13.4%14.4%
Call IV 25d23.4%19.2%26.9%23.1%21.3%
Put IV 25d32.6%28.7%38.3%30.0%29.3%
Bid-Ask Spread %52.4216.6689.8224.9782.51
Gamma HHI0.070.060.080.080.08
Net GEX213.5K-400.6K746.0K210.3K746.0K
Net DEX-7.4M-19.7M893.7K-7.4M-19.7M
Net VEX-87.2K-100.9K-76.4K-87.1K-88.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.812.111.830.84
Total Volume23,977.39114,40831,03214,40825,976
Total OI135,266.087108,424158,424124,736133,584

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$7.82$7.8126.5%7.6%19.5%35.1%27.4%6.9%-0.2%210.3K-7.4M-87.1K1.8324.97N/AN/A5,0969,31252,39272,344
2017-08-02$7.87$7.8127.2%7.8%18.6%37.1%27.1%7.9%-0.5%267.7K-8.8M-86.5K1.8928.89N/AN/A5,80811,00052,59272,480
2017-08-03$7.82$7.7524.3%7.7%16.5%28.7%28.9%8.6%1.3%239.9K-6.8M-88.5K1.8129.48N/AN/A6,12011,05654,08075,912
2017-08-04$7.82$7.7523.4%7.5%15.1%26.1%28.4%8.7%2.1%234.9K-6.8M-86.5K1.8217.33N/AN/A6,29611,48054,08876,096
2017-08-07$7.93$7.7523.5%7.5%14.9%26.4%29.3%8.7%1.1%409.0K-10.1M-82.2K1.8916.66N/AN/A6,80812,87254,62477,104
2017-08-08$7.90$8.0022.6%7.7%15.2%23.7%30.5%9.7%0.6%462.0K-9.7M-82.7K2.0127.85N/AN/A7,08814,24056,11280,432
2017-08-09$7.88$8.0026.2%7.5%12.8%34.3%29.9%10.4%2.9%196.7K-7.2M-84.2K2.1147.20N/AN/A6,41613,51256,88882,040
2017-08-10$7.57$8.0030.5%8.7%20.0%46.5%34.0%11.3%0.2%-132.5K16.7K-89.1K1.7446.79N/AN/A10,81618,77657,57683,448
2017-08-11$7.67$8.0030.6%8.8%19.8%46.8%36.8%12.6%0.3%-142.7K247.4K-90.9K1.3656.29N/AN/A11,67215,88062,35288,776
2017-08-14$7.85$7.7527.0%7.7%21.5%36.4%34.6%12.4%4.0%347.4K-8.8M-82.7K1.5952.64N/AN/A10,34416,44863,91289,696
2017-08-15$7.90$7.7525.3%7.3%21.3%31.6%31.0%9.7%3.2%670.2K-11.5M-83.5K1.4644.97N/AN/A10,80815,75265,23290,296
2017-08-16$7.89$7.7524.8%7.1%20.7%30.0%29.8%7.9%3.9%740.0K-12.0M-83.8K1.3056.15N/AN/A11,67215,18465,58490,272
2017-08-17$7.61$7.6330.3%8.7%24.4%46.0%30.1%10.3%-1.5%-400.6K-288.5K-80.0K1.3340.84N/AN/A12,95217,23266,56090,336
2017-08-18$7.61$7.6330.2%8.7%24.4%45.8%36.5%12.7%0.7%-304.1K893.7K-79.2K1.4347.77N/AN/A12,77618,25668,07290,352
2017-08-21$7.54$7.6331.9%9.1%23.9%50.7%33.4%10.1%0.1%-76.8K-2.2M-77.4K1.1062.54N/AN/A8,8169,67246,01662,408
2017-08-22$7.79$7.6328.4%8.2%26.8%40.7%28.9%9.7%0.0%103.3K-7.5M-76.4K0.8553.07N/AN/A15,04812,72847,61665,000
2017-08-23$7.74$7.6327.2%7.8%26.8%37.1%28.2%8.1%3.4%166.7K-8.2M-97.2K0.8968.61N/AN/A14,64813,04055,02468,704
2017-08-24$7.68$7.6328.9%8.3%26.5%42.0%29.1%6.7%2.3%182.1K-8.0M-100.9K0.9677.01N/AN/A12,96012,49657,16069,552
2017-08-25$7.66$7.6327.0%7.7%26.4%36.5%31.5%8.4%3.0%177.2K-7.4M-98.6K0.8676.08N/AN/A12,96011,15257,44869,744
2017-08-28$7.67$7.6328.0%8.0%26.4%39.4%30.7%7.3%1.8%201.7K-7.1M-96.4K0.8772.95N/AN/A13,08011,36058,02470,328
2017-08-29$7.76$7.6329.3%8.4%26.7%43.2%30.2%6.3%1.8%153.7K-8.8M-91.7K0.8185.12N/AN/A13,70411,12058,80871,336
2017-08-30$7.91$7.6326.7%7.6%27.6%35.5%29.1%10.3%-1.8%458.8K-12.9M-92.2K0.9089.82N/AN/A14,22412,82458,98471,736
2017-08-31$8.08$7.6324.1%6.9%28.4%27.9%25.5%8.0%3.8%746.0K-19.7M-88.2K0.8482.51N/AN/A14,11211,86460,66472,920