QLD Options History — August 2019

In August 2019, QLD traded between $11.20 and $12.45. ATM implied volatility averaged 43.2%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 0.2% (HV 20d: 43.1%). Max pain ranged from $11.75 to $12.50. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.05.

Notable Days

  • 2019-08-13: Highest Volume — 11,048 contracts
  • 2019-08-05: Largest IV spike — 49.0% change
  • 2019-08-05: Highest IV Rank — 74.6%
  • 2019-08-14: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.77$11.20$12.45$12.45$11.89
Max Pain$12.12$11.75$12.50$12.50$11.88
ATM IV43.2%34.3%60.4%34.3%40.5%
Expected Move11.8%9.8%13.8%9.8%11.6%
HV 20d43.1%19.6%53.9%19.6%52.4%
HV 60d36.5%33.7%39.4%33.7%36.3%
IV Rank38.9%22.4%74.6%23.7%31.4%
IV Percentile66.0%46.8%94.4%49.2%59.9%
Term Structure-0.4%-2.4%2.3%-1.1%-0.8%
VWIV41.1%34.1%49.2%36.1%42.6%
Skew 25d15.5%11.2%25.5%11.9%15.3%
Skew 10d27.1%19.2%36.8%24.9%26.5%
Call IV 25d33.7%28.0%39.7%33.6%33.2%
Put IV 25d49.2%43.0%56.5%45.4%48.5%
Bid-Ask Spread %36.8718.9153.3734.2744.91
Gamma HHI0.070.050.100.050.09
Net GEX-96.1K-401.6K187.7K139.8K149.2K
Net DEX-196.7K-9.7M12.6M-9.7M-6.3M
Net VEX-162.3K-167.6K-155.4K-163.4K-166.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.152.911.450.73
Total Volume5,767.6361,44011,04811,0085,888
Total OI104,62890,656119,46498,896106,496

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$12.45$12.5034.3%9.8%19.6%23.7%36.1%11.9%-1.1%139.8K-9.7M-163.4K1.4534.27N/AN/A4,4966,51241,05657,840
2019-08-02$12.01$12.5040.6%11.6%23.3%35.9%37.7%12.4%-2.3%-177.6K-846.1K-161.2K1.5253.37N/AN/A3,3205,04840,71259,840
2019-08-05$11.20$12.5060.4%13.5%33.3%74.6%46.2%15.0%-2.4%-369.7K12.6M-156.8K0.6334.47N/AN/A6,4324,06440,80862,344
2019-08-06$11.46$12.3848.4%12.3%34.5%51.1%44.6%15.3%-0.4%-401.6K8.4M-155.4K1.3624.18N/AN/A2,7763,78440,69663,072
2019-08-07$11.59$12.2548.1%12.1%33.8%50.5%41.5%16.1%-1.5%-376.7K6.7M-163.4K0.6428.38N/AN/A3,3762,16041,64064,592
2019-08-08$12.08$12.2537.5%10.5%37.5%29.9%41.9%14.4%1.3%-247.7K-2.4M-166.2K0.1520.16N/AN/A5,69686442,99265,480
2019-08-09$11.96$12.2539.9%11.0%37.2%34.7%40.5%14.7%0.0%-225.2K-493.0K-161.0K0.8918.91N/AN/A2,0161,80043,68865,752
2019-08-12$11.61$12.2557.4%12.8%38.1%67.0%47.1%25.5%-1.7%-321.7K6.6M-157.7K2.9135.79N/AN/A1,0803,14444,07265,792
2019-08-13$12.09$12.2548.7%11.2%41.4%49.2%34.1%22.4%1.1%-86.8K-4.0M-157.3K0.4747.09N/AN/A7,4963,55243,97666,576
2019-08-14$11.40$12.2548.3%13.8%45.9%48.3%49.2%22.4%-1.8%-341.1K10.5M-162.5K1.0439.39N/AN/A4,7524,92848,50468,520
2019-08-15$11.39$12.1346.1%13.2%45.9%43.9%45.9%17.7%-1.1%-237.5K10.1M-160.6K0.2438.01N/AN/A5,7921,36850,04868,664
2019-08-16$11.72$12.0039.5%11.3%47.4%30.2%39.0%14.8%0.2%-75.7K2.2M-160.9K0.5137.13N/AN/A3,8161,95250,68868,776
2019-08-19$12.09$12.0035.6%10.2%48.7%22.4%35.6%14.1%2.3%45.4K-7.2M-161.6K0.6235.95N/AN/A4,4962,79234,93655,720
2019-08-20$11.97$12.0037.7%10.8%48.5%26.6%38.9%11.7%0.7%73.1K-6.4M-167.6K1.6532.75N/AN/A9601,58438,18457,368
2019-08-21$12.09$12.0036.1%10.3%48.3%23.3%38.2%12.8%1.4%145.1K-8.6M-165.9K1.2931.86N/AN/A66485638,78457,920
2019-08-22$12.07$12.0037.1%10.6%48.0%25.3%39.4%14.4%1.1%132.3K-8.1M-166.1K1.2530.41N/AN/A64080039,04858,288
2019-08-23$11.31$12.0045.3%13.0%51.9%42.2%40.3%14.6%-0.4%-118.3K3.2M-160.0K0.7053.21N/AN/A2,8081,96839,52858,648
2019-08-26$11.50$12.0044.8%12.8%52.6%41.1%43.8%11.2%-0.9%-68.3K304.9K-159.8K0.6344.66N/AN/A3,8322,40040,04858,768
2019-08-27$11.58$11.7544.2%12.7%52.8%40.0%44.4%15.4%-2.0%40.7K-1.6M-165.5K1.9342.82N/AN/A5681,09643,00860,048
2019-08-28$11.62$11.7543.0%12.3%52.7%37.5%40.5%14.8%-0.7%21.2K-1.6M-165.3K2.1244.39N/AN/A6721,42442,90460,744
2019-08-29$11.98$11.7537.9%10.9%53.9%27.1%37.8%13.9%0.9%187.7K-7.6M-166.3K0.4439.14N/AN/A2,24097643,23262,016
2019-08-30$11.89$11.8840.5%11.6%52.4%31.4%42.6%15.3%-0.8%149.2K-6.3M-166.8K0.7344.91N/AN/A3,4002,48844,06462,432