QLD Options History — April 2022

In April 2022, QLD traded between $26.89 and $37.23. ATM implied volatility averaged 57.5%, placing in the 58.8% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded below realized volatility by 0.6% (HV 20d: 58.1%). Max pain ranged from $30.00 to $33.50. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2022-04-26: Highest Volume — 10,116 contracts
  • 2022-04-11: Largest IV spike — 32.1% change
  • 2022-04-29: Highest IV Rank — 91.4%
  • 2022-04-29: Largest Expected Move — 21.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.73$26.89$37.23$35.42$26.89
Max Pain$32.25$30.00$33.50$33.50$30.00
ATM IV57.5%42.9%75.6%44.4%75.6%
Expected Move16.3%12.7%21.7%13.7%21.7%
HV 20d58.1%53.5%66.3%62.7%66.3%
HV 60d61.8%59.5%65.2%59.5%65.2%
IV Rank58.8%32.6%91.4%35.3%91.4%
IV Percentile85.8%62.7%99.6%67.9%99.6%
Term Structure-2.0%-8.5%3.2%3.2%-8.5%
VWIV57.6%50.2%69.6%51.9%69.6%
Skew 25d18.1%9.4%23.4%9.4%22.3%
Skew 10d30.9%17.3%40.9%17.3%37.4%
Call IV 25d47.6%37.8%62.7%40.4%62.7%
Put IV 25d65.7%49.9%85.0%49.9%85.0%
Bid-Ask Spread %25.6415.3438.9015.3435.53
Gamma HHI0.060.050.080.070.05
Net GEX60.1K-214.9K629.8K438.2K39.3K
Net DEX10.6M-20.9M25.8M-6.6M20.6M
Net VEX-217.9K-249.7K-183.0K-231.4K-183.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.421.400.530.59
Total Volume7,995.73,16010,1165,1648,680
Total OI48,849.737,55658,68248,11049,316

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$35.42$33.5044.4%13.7%62.7%35.3%51.9%9.4%3.2%438.2K-6.6M-231.4K0.5315.34N/AN/A3,3841,78027,64420,466
2022-04-04$37.23$33.5042.9%12.7%59.0%32.6%51.5%14.5%0.5%629.8K-20.9M-239.2K1.0418.63N/AN/A3,6263,76027,86220,538
2022-04-05$35.66$33.5048.9%14.0%61.6%43.4%53.0%15.9%0.7%405.5K-7.3M-234.7K0.8215.68N/AN/A4,6763,81428,21421,974
2022-04-06$34.30$33.0052.1%14.7%60.1%49.1%56.6%18.2%-1.0%148.2K4.3M-231.6K1.4017.93N/AN/A4,0225,64628,99223,462
2022-04-07$34.65$33.0051.5%14.5%58.9%48.1%54.9%16.7%-1.3%73.4K4.2M-249.7K1.4015.39N/AN/A3,8845,43229,05425,866
2022-04-08$33.58$33.0049.8%14.5%58.6%45.0%52.9%16.4%1.9%-27.0K11.5M-236.6K1.0020.07N/AN/A3,6303,64629,66625,858
2022-04-11$31.83$33.0065.8%15.8%59.7%73.8%54.0%18.6%-2.3%-169.0K22.0M-215.0K0.5617.77N/AN/A5,6403,14429,99425,988
2022-04-12$31.49$33.0062.3%16.1%57.0%67.4%62.1%17.9%-3.6%-214.9K24.6M-209.7K1.0824.62N/AN/A4,4304,79830,26026,132
2022-04-13$32.96$33.0049.3%14.1%55.3%44.1%54.1%16.4%1.7%-5.8K16.0M-226.0K0.5623.43N/AN/A5,1642,88630,65827,260
2022-04-14$31.45$32.5052.3%15.0%56.5%49.6%55.0%17.0%0.4%-168.5K25.8M-214.9K0.8727.50N/AN/A4,7664,15431,12227,560
2022-04-18$31.09$32.5055.6%15.9%54.3%55.4%51.7%17.1%-1.0%-126.4K12.0M-211.7K0.6729.39N/AN/A5,3043,55619,01218,544
2022-04-19$32.61$32.0051.2%14.7%57.2%47.5%50.2%16.1%-1.0%29.0K3.3M-232.9K0.8420.06N/AN/A4,5083,77220,59818,574
2022-04-20$31.96$32.0052.3%15.0%54.2%49.5%55.3%16.9%-1.4%60.3K6.4M-229.9K0.8030.41N/AN/A3,6602,94221,63618,846
2022-04-21$30.46$32.0057.7%16.5%56.2%59.1%56.6%18.8%-2.4%-12.5K12.7M-212.6K0.7832.05N/AN/A3,6402,82822,13819,438
2022-04-22$29.23$32.0063.6%18.2%56.1%69.9%62.7%18.8%-3.4%-77.6K17.8M-198.7K0.6930.62N/AN/A4,4743,06822,54219,926
2022-04-25$29.43$32.0064.2%18.4%56.4%70.9%63.7%21.3%-4.1%-65.4K16.9M-201.7K0.5635.15N/AN/A5,8363,24223,48220,426
2022-04-26$27.65$31.5074.0%21.2%57.0%88.5%65.8%23.2%-8.0%-4.1K20.9M-187.4K0.6532.74N/AN/A6,1323,98425,76220,422
2022-04-27$27.40$30.0071.9%20.6%53.5%84.7%67.6%23.4%-6.3%72.3K18.5M-191.2K0.5831.47N/AN/A2,0001,16028,10020,534
2022-04-28$29.30$30.0064.1%18.4%60.8%70.8%62.8%22.5%-4.3%178.1K10.1M-219.3K0.4238.90N/AN/A6,2482,59828,62620,502
2022-04-29$26.89$30.0075.6%21.7%66.3%91.4%69.6%22.3%-8.5%39.3K20.6M-183.0K0.5935.53N/AN/A5,4563,22428,22621,090