QLD Options History — October 2020

In October 2020, QLD traded between $21.14 and $25.78. ATM implied volatility averaged 62.6%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 8.6% (HV 20d: 54.1%). Max pain ranged from $22.50 to $24.50. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.93.

Notable Days

  • 2020-10-12: Highest Volume — 10,816 contracts
  • 2020-10-12: Largest IV spike — 42.0% change
  • 2020-10-28: Highest IV Rank — 43.7%
  • 2020-10-28: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.67$21.14$25.78$23.48$21.14
Max Pain$23.70$22.50$24.50$22.50$23.75
ATM IV62.6%44.7%80.5%55.7%78.2%
Expected Move18.8%16.0%23.1%16.0%22.4%
HV 20d54.1%44.6%75.3%75.3%57.3%
HV 60d55.3%53.5%58.6%53.5%58.6%
IV Rank30.3%17.0%43.7%25.2%42.0%
IV Percentile72.3%39.3%90.1%62.7%88.9%
Term Structure-0.8%-7.8%11.6%11.6%-4.8%
VWIV66.0%57.2%74.9%58.3%73.9%
Skew 25d16.6%9.1%23.0%10.0%20.5%
Skew 10d28.2%18.7%35.6%19.2%33.5%
Call IV 25d56.9%51.3%67.1%51.3%67.0%
Put IV 25d73.6%61.3%88.3%61.3%87.5%
Bid-Ask Spread %24.8811.1673.6070.0846.00
Gamma HHI0.080.050.200.070.05
Net GEX333.9K-113.6K1.6M326.1K-105.5K
Net DEX-43.5M-93.2M-4.8M-48.3M-4.8M
Net VEX-201.3K-217.5K-168.4K-216.0K-196.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.262.990.340.45
Total Volume3,971.27369210,8163,9123,320
Total OI103,425.63683,112124,444108,46093,836

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$23.48$22.5055.7%16.0%75.3%25.2%58.3%10.0%11.6%326.1K-48.3M-216.0K0.3470.08N/AN/A2,9121,00047,37261,088
2020-10-02$22.47$22.5058.3%16.7%65.2%27.1%57.2%9.1%10.6%220.0K-34.1M-213.5K1.3073.60N/AN/A2,0162,62847,58061,612
2020-10-05$23.20$23.7554.4%19.2%66.3%24.2%68.3%17.8%-1.4%310.1K-44.8M-206.5K1.1311.16N/AN/A84094848,28863,216
2020-10-06$22.38$23.5058.4%19.7%56.3%27.2%67.1%17.5%-1.7%207.5K-35.4M-205.5K0.6517.86N/AN/A2,3521,52048,55663,096
2020-10-07$23.22$23.5052.6%19.1%54.7%22.9%70.3%18.2%-1.2%391.0K-43.0M-196.0K0.3511.38N/AN/A3,6881,28048,06463,768
2020-10-08$23.38$23.5048.2%18.3%52.6%19.6%61.6%16.7%-1.2%690.4K-46.4M-191.2K1.3111.45N/AN/A8001,04849,65664,020
2020-10-09$24.06$23.7544.7%17.1%52.6%17.0%61.2%16.0%1.0%912.9K-59.3M-178.8K2.0511.24N/AN/A1,8283,75649,60464,232
2020-10-12$25.63$23.7563.5%17.9%55.1%31.0%64.6%14.8%-0.3%767.5K-87.9M-168.4K0.2615.86N/AN/A8,6082,20850,14462,988
2020-10-13$25.78$23.7561.2%18.2%54.9%29.3%65.8%14.6%-1.2%842.4K-93.2M-172.5K0.3916.11N/AN/A4,4481,72052,76063,648
2020-10-14$25.33$23.7562.7%18.0%54.9%30.4%63.1%14.9%-1.6%1.1M-85.2M-178.1K2.9913.20N/AN/A2,5007,47253,49664,268
2020-10-15$24.89$24.5063.4%18.2%52.3%30.9%69.7%16.2%-0.6%1.6M-71.6M-199.1K1.4215.43N/AN/A1,5882,26054,09668,220
2020-10-16$24.79$24.5061.7%17.7%51.7%29.7%65.9%15.7%3.0%643.1K-67.3M-199.1K1.4326.12N/AN/A2,2563,22453,79670,648
2020-10-19$23.78$24.5067.3%19.3%54.5%33.8%68.4%16.5%-1.6%-113.6K-27.4M-209.4K0.3618.37N/AN/A3,5361,28432,94050,172
2020-10-20$24.04$23.7564.9%18.6%52.1%32.1%65.2%16.5%-1.6%-39.5K-31.6M-215.2K0.4420.34N/AN/A1,19252435,47251,260
2020-10-21$23.92$23.7564.1%18.4%46.2%31.4%62.8%16.8%-2.0%-19.9K-31.3M-217.5K0.8621.44N/AN/A1,4041,20436,22051,652
2020-10-22$23.86$23.7563.0%18.1%46.3%30.6%62.9%15.4%-1.7%-45.6K-31.0M-213.7K1.2821.12N/AN/A72893237,05652,856
2020-10-23$23.86$23.7562.0%17.8%44.6%29.9%62.5%15.7%-0.6%-64.2K-30.1M-215.1K0.9022.28N/AN/A36432837,37253,196
2020-10-26$22.98$23.7571.4%20.5%45.1%36.9%70.0%18.6%-4.9%-68.0K-22.8M-212.3K0.6723.00N/AN/A1,8721,25237,56053,340
2020-10-27$23.63$23.7567.0%19.2%46.0%33.6%66.3%20.5%-3.1%-73.9K-28.0M-206.3K0.5419.98N/AN/A82844837,79254,296
2020-10-28$22.04$23.7580.5%23.1%52.3%43.7%74.9%21.1%-7.8%-94.4K-14.3M-209.6K0.4229.14N/AN/A2,12088038,32854,528
2020-10-29$22.79$23.7574.3%21.3%53.0%39.0%71.5%23.0%-6.1%-81.8K-19.6M-208.5K0.8532.12N/AN/A1,2201,03238,45254,820
2020-10-30$21.14$23.7578.2%22.4%57.3%42.0%73.9%20.5%-4.8%-105.5K-4.8M-196.1K0.4546.00N/AN/A2,2881,03239,04054,796