QLD Options History — October 2019

In October 2019, QLD traded between $11.50 and $13.19. ATM implied volatility averaged 34.4%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 1.9% (HV 20d: 32.5%). Max pain ranged from $11.25 to $12.25. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.88.

Notable Days

  • 2019-10-11: Highest Volume — 11,136 contracts
  • 2019-10-11: Largest IV drop — 12.7% change
  • 2019-10-02: Highest IV Rank — 40.0%
  • 2019-10-02: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.42$11.50$13.19$11.92$13.06
Max Pain$11.71$11.25$12.25$11.88$12.25
ATM IV34.4%27.6%44.7%39.8%29.7%
Expected Move9.8%7.9%12.8%11.4%8.5%
HV 20d32.5%27.4%35.7%30.4%27.4%
HV 60d38.4%35.8%39.6%36.9%35.8%
IV Rank18.4%4.3%40.0%29.8%8.7%
IV Percentile35.1%4.4%68.7%57.1%17.5%
Term Structure1.5%-1.5%6.5%-1.0%2.4%
VWIV34.8%23.9%46.9%35.0%31.1%
Skew 25d11.9%5.7%17.2%14.8%8.3%
Skew 10d22.5%12.6%33.7%32.5%15.3%
Call IV 25d28.9%24.4%36.9%33.1%25.8%
Put IV 25d40.9%30.6%51.6%47.9%34.1%
Bid-Ask Spread %39.5722.2168.9363.4246.23
Gamma HHI0.130.060.700.080.07
Net GEX928.8K-132.7K4.9M112.0K1.1M
Net DEX-17.5M-32.4M1.4M-5.0M-27.4M
Net VEX-137.4K-152.0K-126.7K-142.1K-152.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.182.880.211.13
Total Volume4,549.2171,07211,1363,1281,072
Total OI104,730.08782,120120,736101,808106,232

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$11.92$11.8839.8%11.4%30.4%29.8%35.0%14.8%-1.0%112.0K-5.0M-142.1K0.2163.42N/AN/A2,57655240,52061,288
2019-10-02$11.50$11.8844.7%12.8%31.5%40.0%46.9%14.9%-1.5%-132.7K1.4M-137.5K1.5049.39N/AN/A2,4563,68841,11261,664
2019-10-03$11.70$11.2541.0%10.8%29.2%32.2%39.6%12.6%6.5%7.4K-1.4M-140.5K0.7858.80N/AN/A1,5601,21641,39261,760
2019-10-04$12.08$11.2536.7%10.7%31.8%23.3%38.8%15.6%0.4%295.7K-9.3M-138.5K0.3422.25N/AN/A3,3361,12842,08862,328
2019-10-07$12.05$11.2540.9%11.2%31.7%32.1%38.7%14.3%-0.6%335.5K-10.1M-135.6K0.6922.21N/AN/A1,6801,16044,20062,480
2019-10-08$11.70$11.2541.2%12.5%33.1%32.6%44.2%14.2%1.3%149.7K-4.6M-139.2K2.8840.07N/AN/A8642,48845,25663,336
2019-10-09$11.91$11.2541.2%11.8%32.7%32.7%39.6%15.1%-0.6%201.2K-7.0M-136.3K0.4031.65N/AN/A2,6161,04845,29664,352
2019-10-10$12.03$11.5039.8%11.4%32.2%29.9%38.6%16.6%-0.7%287.0K-8.7M-133.8K0.8825.41N/AN/A92881645,34464,304
2019-10-11$12.46$11.5034.8%10.0%34.6%19.3%35.7%17.2%1.1%764.4K-20.2M-126.7K0.5041.44N/AN/A7,4403,69645,54464,688
2019-10-14$12.37$11.6335.6%10.2%34.5%21.0%39.5%14.4%0.3%996.4K-19.3M-132.6K0.6353.90N/AN/A1,9441,23250,20066,360
2019-10-15$12.68$11.6331.9%9.1%35.5%13.3%34.4%11.3%2.0%1.5M-29.3M-128.9K0.5931.32N/AN/A4,4002,58450,96866,384
2019-10-16$12.59$11.3831.4%9.0%35.6%12.2%36.8%11.5%2.8%1.5M-27.7M-131.1K0.5732.06N/AN/A2,5441,45651,94466,488
2019-10-17$12.68$11.5031.3%9.0%35.7%12.1%31.5%10.9%3.1%1.5M-31.4M-129.8K1.0636.22N/AN/A3,3603,56852,83266,864
2019-10-18$12.49$11.7531.9%9.1%35.3%13.2%32.9%11.6%3.0%4.9M-23.4M-129.4K1.0533.95N/AN/A3,7763,95252,79267,944
2019-10-21$12.63$11.8830.6%8.8%35.5%10.5%30.9%10.7%2.5%715.4K-16.6M-131.1K0.4537.33N/AN/A3,4801,55235,79246,328
2019-10-22$12.46$12.0031.7%9.1%33.7%12.9%31.2%10.5%1.5%830.0K-15.8M-133.6K0.3930.25N/AN/A2,44095239,17647,736
2019-10-23$12.47$12.0031.1%8.9%32.4%11.7%31.0%10.7%2.6%808.9K-14.9M-139.8K1.0028.90N/AN/A1,9281,92840,72850,192
2019-10-24$12.70$12.0029.3%8.4%32.7%7.9%28.8%9.4%2.1%899.2K-19.2M-139.0K0.1840.15N/AN/A1,84032840,88851,632
2019-10-25$12.91$12.0028.0%8.0%31.0%5.1%30.3%8.2%2.7%1.1M-23.9M-139.7K0.2322.45N/AN/A5,3441,22442,53651,720
2019-10-28$13.19$12.0027.6%7.9%31.1%4.3%30.7%8.1%2.6%1.2M-32.4M-144.1K1.7547.84N/AN/A1,9203,36047,18451,752
2019-10-29$12.99$12.1329.7%8.5%31.3%8.8%31.2%8.0%1.9%1.2M-27.6M-149.8K2.3145.86N/AN/A1,3523,12047,79254,256
2019-10-30$13.10$12.2530.3%8.7%27.5%10.0%23.9%5.7%1.0%1.1M-28.4M-148.7K0.7768.93N/AN/A2,6722,05648,36056,760
2019-10-31$13.06$12.2529.7%8.5%27.4%8.7%31.1%8.3%2.4%1.1M-27.4M-152.0K1.1346.23N/AN/A50456847,79258,440