QLD Options History — September 2022

In September 2022, QLD traded between $18.59 and $24.86. ATM implied volatility averaged 65.5%, placing in the 61.9% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 6.8% (HV 20d: 58.7%). Max pain ranged from $21.00 to $24.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2022-09-16: Highest Volume — 13,388 contracts
  • 2022-09-12: Largest IV spike — 28.4% change
  • 2022-09-13: Highest IV Rank — 86.5%
  • 2022-09-30: Largest Expected Move — 21.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.52$18.59$24.86$22.91$18.59
Max Pain$22.40$21.00$24.50$24.50$21.00
ATM IV65.5%54.0%80.2%62.6%73.4%
Expected Move18.2%15.4%21.0%17.9%21.0%
HV 20d58.7%48.1%64.9%50.2%64.0%
HV 60d57.9%55.5%62.4%62.3%57.7%
IV Rank61.9%42.1%86.5%59.0%75.0%
IV Percentile78.6%54.4%98.8%74.6%94.8%
Term Structure-1.9%-5.3%0.7%-1.9%-5.3%
VWIV60.9%52.4%71.6%60.6%62.1%
Skew 25d13.9%10.5%16.3%11.8%13.6%
Skew 10d24.4%15.4%28.9%21.0%22.9%
Call IV 25d56.7%47.3%65.8%57.2%63.5%
Put IV 25d70.6%61.2%81.9%69.0%77.1%
Bid-Ask Spread %54.3029.7372.7036.5751.82
Gamma HHI0.110.080.170.110.08
Net GEX379.2K47.6K1.3M400.8K229.4K
Net DEX4.7M-14.6M11.8M3.9M8.9M
Net VEX-171.9K-207.7K-144.1K-189.5K-144.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.173.490.921.77
Total Volume6,980.8571,04213,3883,18212,110
Total OI63,531.8155,09870,87461,77864,708

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$22.91$24.5062.6%17.9%50.2%59.0%60.6%11.8%-1.9%400.8K3.9M-189.5K0.9236.57N/AN/A1,6601,52240,33421,444
2022-09-02$22.35$24.0062.7%18.0%50.5%59.1%61.5%10.5%-1.9%331.8K8.2M-184.6K0.2729.73N/AN/A1,06629040,62422,376
2022-09-06$22.25$22.5068.2%17.6%50.5%68.0%57.3%16.0%-3.5%317.0K9.0M-174.7K1.7270.31N/AN/A4,0206,91640,80622,206
2022-09-07$23.16$22.5062.9%17.0%53.1%57.6%54.8%14.7%-2.2%443.4K3.2M-189.5K1.5372.29N/AN/A3,8525,90041,23822,264
2022-09-08$23.13$22.5061.3%16.9%48.1%54.5%52.4%14.0%-2.6%441.8K3.2M-185.8K0.2863.55N/AN/A81422841,59622,110
2022-09-09$24.39$22.5054.0%15.4%52.8%42.1%54.1%13.9%0.7%919.8K-7.9M-203.2K0.1752.64N/AN/A3,50660843,63022,170
2022-09-12$24.86$22.5069.3%15.7%51.1%68.1%53.6%12.6%-1.3%1.3M-14.6M-207.7K0.3136.36N/AN/A3,3181,02445,78822,492
2022-09-13$22.09$22.5080.2%18.1%63.6%86.5%61.2%15.6%-4.3%372.0K8.9M-176.3K1.4249.35N/AN/A5,0787,19847,46222,666
2022-09-14$22.57$22.5060.4%17.3%64.7%53.0%62.4%14.1%-2.6%344.9K4.6M-181.5K3.4951.71N/AN/A4941,72447,53022,336
2022-09-15$21.85$22.5060.7%17.4%64.9%53.4%61.8%14.2%-0.7%222.3K10.9M-168.6K2.1551.00N/AN/A9081,95647,72623,148
2022-09-16$21.40$22.5061.8%17.7%64.6%55.4%61.3%14.5%-0.7%47.6K11.8M-163.2K1.4761.92N/AN/A5,4267,96248,03422,840
2022-09-19$21.77$22.5060.9%17.5%64.5%53.8%56.4%13.5%-0.8%281.2K4.0M-168.8K0.3341.94N/AN/A3,6501,21235,99619,102
2022-09-20$21.61$22.5064.9%18.6%62.0%60.6%61.1%12.6%-2.6%363.3K4.2M-174.1K0.1833.03N/AN/A1,76231038,82819,782
2022-09-21$20.79$22.5065.1%18.7%62.8%60.9%62.9%13.1%-2.0%305.6K7.1M-166.5K0.1966.00N/AN/A1,65631239,54219,900
2022-09-22$20.57$22.5063.9%18.3%62.3%58.9%59.1%13.0%-2.3%291.2K4.2M-159.5K0.6468.36N/AN/A2,2641,44640,01417,506
2022-09-23$19.53$22.5065.7%18.8%62.3%61.9%64.1%12.8%-0.4%202.3K8.2M-147.5K0.5552.91N/AN/A2,9801,63640,45417,966
2022-09-26$19.50$22.0069.5%19.9%57.7%68.3%66.1%14.0%-1.8%267.4K5.4M-150.9K1.4068.78N/AN/A5,4667,66842,50417,342
2022-09-27$19.34$22.0071.3%20.5%57.7%71.5%71.6%16.1%-2.0%270.2K6.8M-155.8K1.3652.97N/AN/A5,6167,61643,60818,346
2022-09-28$20.26$21.0067.0%19.2%60.8%64.1%65.2%16.3%-1.6%378.5K1.8M-169.6K1.8856.31N/AN/A4,2928,06845,03218,416
2022-09-29$18.95$21.0069.4%19.9%64.2%68.2%69.3%15.9%0.6%261.9K7.6M-149.3K1.7672.70N/AN/A4,7388,32645,59418,708
2022-09-30$18.59$21.0073.4%21.0%64.0%75.0%62.1%13.6%-5.3%229.4K8.9M-144.1K1.7751.82N/AN/A4,3707,74045,79018,918