QLD Options History — June 2023

In June 2023, QLD traded between $28.73 and $32.48. ATM implied volatility averaged 37.6%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 3.7% (HV 20d: 34.0%). Max pain ranged from $21.00 to $26.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2023-06-14: Highest Volume — 4,774 contracts
  • 2023-06-14: Largest IV drop — 34.2% change
  • 2023-06-12: Highest IV Rank — 29.8%
  • 2023-06-01: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.79$28.73$32.48$29.30$32.27
Max Pain$24.05$21.00$26.50$25.00$26.50
ATM IV37.6%32.2%53.5%38.5%32.2%
Expected Move10.1%9.2%11.0%11.0%9.2%
HV 20d34.0%30.9%37.3%33.8%33.8%
HV 60d33.1%32.3%35.2%35.1%33.1%
IV Rank6.2%0.0%29.8%7.0%0.0%
IV Percentile8.4%0.0%48.4%6.3%0.0%
Term Structure2.4%-2.3%4.4%-2.3%2.8%
VWIV36.9%33.5%39.5%39.4%33.7%
Skew 25d5.4%2.2%7.6%3.8%3.7%
Skew 10d12.0%6.3%16.0%8.3%11.0%
Call IV 25d33.5%30.8%37.8%37.8%31.9%
Put IV 25d38.9%35.6%41.6%41.6%35.6%
Bid-Ask Spread %53.2025.7174.0035.5444.05
Gamma HHI0.140.090.200.190.12
Net GEX760.6K299.8K1.4M1.1M448.0K
Net DEX-61.1M-84.9M-44.4M-59.0M-59.4M
Net VEX-181.8K-194.7K-170.6K-182.6K-187.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.091.990.410.64
Total Volume2,079.5242444,7742,5782,346
Total OI47,970.76240,31053,10048,26047,672

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$29.30$25.0038.5%11.0%33.8%7.0%39.4%3.8%-2.3%1.1M-59.0M-182.6K0.4135.54N/AN/A1,82275631,95616,304
2023-06-02$29.80$25.0036.5%10.5%33.0%4.0%37.8%2.2%-0.5%1.1M-64.0M-180.6K0.4652.88N/AN/A1,52469432,33416,038
2023-06-05$29.86$21.0038.5%10.2%30.9%6.9%37.4%7.0%4.3%1.1M-64.5M-175.6K0.6259.21N/AN/A1,17072632,21416,114
2023-06-06$29.82$21.0036.8%9.7%31.0%4.4%36.0%6.5%4.4%1.2M-64.8M-173.8K0.9669.64N/AN/A62860032,53616,456
2023-06-07$28.73$21.5039.9%10.8%34.2%9.0%38.3%6.7%1.9%1.4M-55.0M-181.5K0.6151.23N/AN/A58235432,90016,500
2023-06-08$29.48$22.5038.7%9.5%34.3%7.3%35.1%7.6%4.3%1.3M-61.8M-176.9K0.3353.48N/AN/A1846032,93416,768
2023-06-09$29.74$22.5039.9%9.7%34.2%9.1%34.3%6.3%3.7%1.3M-64.6M-175.6K0.6858.09N/AN/A42428833,09016,776
2023-06-12$30.63$22.5053.5%10.5%34.4%29.8%38.5%6.7%2.7%970.1K-71.3M-170.6K0.6460.53N/AN/A1,6081,03433,14817,288
2023-06-13$31.11$22.5051.5%10.8%34.5%26.7%38.0%6.7%1.6%864.3K-75.0M-173.3K0.5025.71N/AN/A2,5841,29633,59617,908
2023-06-14$31.42$22.5033.9%9.7%34.5%0.0%39.5%5.8%3.3%805.1K-78.0M-173.2K0.1674.00N/AN/A4,11665834,01418,176
2023-06-15$32.48$22.5036.3%10.4%35.3%3.7%38.0%4.3%1.9%755.7K-84.9M-173.8K1.1048.26N/AN/A1,5201,67234,31018,260
2023-06-16$32.12$22.5035.1%10.1%35.0%1.9%38.5%4.7%2.9%542.1K-83.0M-178.2K0.6968.38N/AN/A2,1941,51434,82818,272
2023-06-20$31.92$24.0035.6%10.2%35.1%2.7%38.2%4.5%2.5%521.7K-52.6M-182.3K1.3454.28N/AN/A1,2641,68825,81014,500
2023-06-21$31.08$25.0036.6%10.5%37.3%4.1%36.1%5.5%1.2%483.4K-47.7M-187.7K1.0164.92N/AN/A1,5881,59826,30215,652
2023-06-22$31.63$26.5033.3%9.6%35.9%0.0%37.5%4.5%4.2%365.5K-52.9M-188.3K1.9965.74N/AN/A30861427,44017,334
2023-06-23$31.17$26.0036.3%10.4%36.0%4.5%38.3%5.8%1.4%368.3K-48.9M-194.7K1.7530.98N/AN/A27247627,56417,484
2023-06-26$30.39$26.5035.9%10.3%34.3%3.9%35.0%5.9%1.3%313.7K-44.4M-190.6K0.7132.28N/AN/A1,16682827,58017,756
2023-06-27$31.34$26.5032.5%9.3%32.0%0.0%35.0%5.6%4.3%332.4K-50.2M-192.0K0.6733.20N/AN/A61041027,82418,378
2023-06-28$31.27$26.5033.2%9.5%32.0%1.1%33.5%4.2%3.1%299.8K-50.3M-189.2K0.0967.93N/AN/A1,59215027,78618,430
2023-06-29$31.11$26.5035.7%10.2%31.9%4.8%37.2%4.8%1.0%354.3K-50.8M-189.6K1.4466.81N/AN/A30844428,72818,426
2023-06-30$32.27$26.5032.2%9.2%33.8%0.0%33.7%3.7%2.8%448.0K-59.4M-187.4K0.6444.05N/AN/A1,43291428,93018,742