QLD Options History — June 2019

In June 2019, QLD traded between $9.93 and $12.24. ATM implied volatility averaged 37.8%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 4.2% (HV 20d: 42.0%). Max pain ranged from $11.00 to $11.63. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.07.

Notable Days

  • 2019-06-21: Highest Volume — 19,400 contracts
  • 2019-06-25: Largest IV spike — 14.4% change
  • 2019-06-03: Highest IV Rank — 51.5%
  • 2019-06-03: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.52$9.93$12.24$9.93$11.94
Max Pain$11.27$11.00$11.63$11.63$11.50
ATM IV37.8%32.6%48.6%48.6%39.1%
Expected Move10.8%9.3%13.9%13.9%11.2%
HV 20d42.0%36.1%50.5%42.9%36.1%
HV 60d34.6%33.5%35.3%33.5%34.5%
IV Rank30.6%20.3%51.5%51.5%33.0%
IV Percentile57.7%42.5%80.6%80.6%62.3%
Term Structure-0.4%-2.3%2.9%-1.3%-2.3%
VWIV40.6%38.4%45.8%45.8%42.7%
Skew 25d10.3%8.8%11.2%11.0%10.8%
Skew 10d18.7%16.5%21.2%16.8%18.8%
Call IV 25d33.1%30.1%43.8%43.8%33.2%
Put IV 25d43.4%39.2%54.8%54.8%43.9%
Bid-Ask Spread %42.5321.2755.8255.4455.82
Gamma HHI0.070.050.100.060.09
Net GEX269.8K-184.9K1.3M-184.9K106.7K
Net DEX-11.9M-33.4M15.7M15.7M-13.3M
Net VEX-139.5K-148.9K-127.8K-127.8K-144.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.343.170.631.30
Total Volume10,189.63,10419,4007,7209,520
Total OI105,136.888,800117,144101,13696,976

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$9.93$11.6348.6%13.9%42.9%51.5%45.8%11.0%-1.3%-184.9K15.7M-127.8K0.6355.44N/AN/A4,7362,98441,04060,096
2019-06-04$10.45$11.3841.8%12.0%48.5%38.2%40.4%10.6%-0.6%-98.9K7.8M-137.6K0.3442.21N/AN/A8,9603,08043,00859,288
2019-06-05$10.63$11.0040.0%11.5%47.0%34.8%39.9%10.3%0.3%30.4K4.1M-141.8K0.6048.59N/AN/A5,4963,28045,82459,576
2019-06-06$10.85$11.0037.4%10.9%47.6%29.6%41.3%10.8%-1.3%58.3K393.5K-142.5K0.7730.78N/AN/A4,9443,81645,68860,160
2019-06-07$11.26$11.0036.4%10.5%49.7%27.7%40.5%10.5%-0.9%120.1K-7.7M-148.9K0.8029.38N/AN/A6,3285,07245,62460,664
2019-06-10$11.52$11.0038.8%10.6%50.5%32.5%41.0%9.7%-0.9%167.5K-13.1M-144.9K0.6730.25N/AN/A6,2964,23245,76060,800
2019-06-11$11.55$11.1339.1%10.8%43.2%32.9%40.8%10.3%-0.6%320.1K-14.5M-145.7K0.9134.93N/AN/A2,6242,38447,54460,840
2019-06-12$11.40$11.1338.0%10.9%42.7%31.0%41.2%11.0%-0.6%235.8K-10.3M-145.0K1.1030.19N/AN/A2,7042,98447,80861,400
2019-06-13$11.49$11.1337.2%10.7%41.6%29.3%39.9%10.8%-0.9%267.8K-12.5M-143.0K1.5838.40N/AN/A3,2485,13648,21662,184
2019-06-14$11.48$11.2536.8%10.5%41.1%28.5%39.2%11.2%0.1%288.6K-12.5M-142.7K1.6627.55N/AN/A3,1285,20047,93661,632
2019-06-17$11.58$11.2536.8%10.6%40.8%28.5%39.2%11.1%-0.5%409.1K-15.3M-136.5K0.4221.27N/AN/A3,7921,60048,78461,888
2019-06-18$11.94$11.1336.5%10.5%40.0%28.0%39.2%10.4%-0.8%678.0K-24.2M-132.7K0.5031.77N/AN/A12,4486,24848,92062,168
2019-06-19$12.05$11.2535.1%10.1%39.7%25.3%38.6%9.9%-0.6%853.1K-25.9M-129.4K0.9152.37N/AN/A7,2166,59251,52863,240
2019-06-20$12.23$11.2532.6%9.3%39.9%20.3%38.9%8.8%2.5%1.3M-33.4M-130.3K0.8552.04N/AN/A10,4088,80852,83264,312
2019-06-21$12.24$11.3832.7%9.4%36.4%20.5%38.7%9.0%2.9%482.8K-31.1M-133.7K0.9455.18N/AN/A10,0169,38451,56865,472
2019-06-24$12.20$11.5034.3%9.8%36.5%23.6%38.4%9.0%0.9%194.6K-16.3M-134.8K3.1755.42N/AN/A7442,36035,37653,424
2019-06-25$11.78$11.5039.2%11.2%39.1%33.2%41.3%9.7%-1.2%25.2K-9.5M-140.6K1.3050.34N/AN/A4,0725,28035,67254,720
2019-06-26$11.89$11.5038.5%11.0%38.4%31.8%42.8%10.7%-0.6%53.2K-11.8M-141.9K1.2454.37N/AN/A4,6165,71236,83257,272
2019-06-27$11.98$11.5038.2%11.0%38.4%31.3%42.9%10.3%-2.2%98.3K-13.8M-145.0K1.6554.28N/AN/A3,1445,20038,25658,408
2019-06-28$11.94$11.5039.1%11.2%36.1%33.0%42.7%10.8%-2.3%106.7K-13.3M-144.9K1.3055.82N/AN/A4,1365,38438,55258,424