QLD Options History — July 2022

In July 2022, QLD traded between $20.96 and $26.12. ATM implied volatility averaged 59.4%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 2.5% (HV 20d: 61.9%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-07-15: Highest Volume — 12,936 contracts
  • 2022-07-11: Largest IV spike — 21.9% change
  • 2022-07-12: Highest IV Rank — 81.8%
  • 2022-07-01: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.95$20.96$26.12$20.96$26.12
Max Pain$19.55$17.50$22.50$22.50$20.00
ATM IV59.4%48.6%76.7%65.5%48.6%
Expected Move16.7%13.9%18.8%18.8%13.9%
HV 20d61.9%49.2%77.2%76.2%54.3%
HV 60d75.1%73.7%76.2%75.6%74.7%
IV Rank54.6%37.6%81.8%64.2%37.6%
IV Percentile69.3%48.4%97.6%83.7%48.4%
Term Structure-1.3%-5.2%1.6%-3.1%1.6%
VWIV58.2%49.6%64.8%60.3%49.6%
Skew 25d13.4%9.4%16.5%11.2%9.4%
Skew 10d23.5%17.8%29.7%17.8%17.8%
Call IV 25d51.6%44.1%58.1%58.1%44.1%
Put IV 25d65.0%53.5%71.2%69.2%53.5%
Bid-Ask Spread %17.169.5830.1629.3918.79
Gamma HHI0.180.080.660.170.11
Net GEX742.6K352.3K1.9M445.2K928.1K
Net DEX-3.5M-29.6M12.5M12.5M-29.6M
Net VEX-184.0K-230.6K-152.8K-152.8K-230.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.721.631.481.12
Total Volume10,787.69,00412,93610,54011,380
Total OI62,555.346,95875,14066,72458,350

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$20.96$22.5065.5%18.8%76.2%64.2%60.3%11.2%-3.1%445.2K12.5M-152.8K1.4829.39N/AN/A4,2466,29445,25021,474
2022-07-05$21.61$17.5064.2%18.2%75.8%62.2%61.6%16.5%-3.8%573.8K8.5M-159.3K1.3411.53N/AN/A4,5566,11246,71821,522
2022-07-06$22.09$17.5062.0%17.5%76.3%58.7%58.8%15.2%-2.6%736.5K5.4M-167.5K0.9512.60N/AN/A6,5746,23447,65621,570
2022-07-07$22.87$17.5060.5%16.9%77.2%56.3%59.2%15.8%0.3%861.5K1.3M-175.9K1.149.58N/AN/A5,2845,99847,33221,706
2022-07-08$22.98$17.5056.5%16.3%77.2%50.0%61.5%14.6%1.2%977.7K-702.4K-181.5K1.1012.63N/AN/A4,6645,12449,08621,804
2022-07-11$21.95$19.0068.8%17.5%77.1%69.5%64.4%15.3%-3.2%756.2K6.5M-165.5K1.2112.33N/AN/A4,4945,42248,87622,192
2022-07-12$21.41$19.5076.7%18.2%72.9%81.8%64.8%16.0%-5.2%596.0K9.6M-158.7K1.4910.39N/AN/A4,7527,08449,17422,508
2022-07-13$21.52$20.0062.9%18.0%62.3%60.1%61.7%14.8%-4.7%594.5K9.3M-159.4K0.7216.48N/AN/A7,1165,11049,52422,914
2022-07-14$21.58$20.0061.3%17.6%62.3%57.5%61.6%14.4%-1.2%679.3K7.2M-156.2K0.8612.34N/AN/A5,8164,98051,00422,962
2022-07-15$22.29$20.0055.8%16.0%60.7%49.0%54.7%13.7%0.2%1.9M1.9M-167.6K1.0114.00N/AN/A6,4306,50652,09623,044
2022-07-18$21.89$20.0060.5%17.4%49.2%56.4%59.4%14.2%-1.5%352.3K2.1M-162.0K0.9221.89N/AN/A6,0665,60430,40016,558
2022-07-19$23.34$20.0057.0%16.3%52.8%50.8%58.9%15.0%-0.5%499.2K-6.7M-188.9K0.9713.55N/AN/A5,8065,62433,16416,796
2022-07-20$24.12$20.0057.2%16.4%50.9%51.2%57.6%14.1%-0.6%623.2K-12.8M-207.0K1.3921.80N/AN/A4,2405,89435,53617,370
2022-07-21$24.65$20.0054.7%15.7%50.9%47.2%55.8%12.9%-0.3%684.9K-16.2M-214.8K1.6318.11N/AN/A3,4245,58036,18617,650
2022-07-22$23.82$20.0053.9%15.4%52.5%45.9%54.1%10.8%0.0%668.9K-11.9M-206.3K1.2021.09N/AN/A4,3085,15036,71017,798
2022-07-25$23.45$20.0055.7%16.0%49.4%48.7%55.2%11.2%-0.6%650.2K-9.1M-198.4K0.8917.63N/AN/A5,5324,93236,94418,224
2022-07-26$22.66$20.0059.5%17.0%51.0%54.7%56.2%11.6%-0.6%611.7K-5.2M-190.4K1.2022.09N/AN/A4,2125,05637,70618,322
2022-07-27$24.75$20.0055.0%15.8%54.5%47.7%55.1%11.0%-0.8%814.7K-19.7M-217.0K1.0630.16N/AN/A5,3265,62038,72818,308
2022-07-28$24.98$20.0052.1%14.9%54.4%43.1%53.8%11.0%0.3%872.3K-21.4M-220.3K1.4416.74N/AN/A3,7765,42639,36418,580
2022-07-29$26.12$20.0048.6%13.9%54.3%37.6%49.6%9.4%1.6%928.1K-29.6M-230.6K1.1218.79N/AN/A5,3586,02239,65018,700