QLD Options History — October 2023

In October 2023, QLD traded between $27.05 and $31.70. ATM implied volatility averaged 43.0%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 8.1% (HV 20d: 34.9%). Max pain ranged from $27.50 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2023-10-20: Highest Volume — 10,136 contracts
  • 2023-10-03: Largest IV spike — 14.5% change
  • 2023-10-26: Highest IV Rank — 28.5%
  • 2023-10-26: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.73$27.05$31.70$29.95$28.16
Max Pain$28.73$27.50$31.00$30.00$27.50
ATM IV43.0%37.5%50.5%40.9%44.7%
Expected Move12.4%10.7%14.5%11.7%12.8%
HV 20d34.9%29.7%41.2%29.7%39.7%
HV 60d34.2%33.1%35.4%33.6%35.3%
IV Rank17.6%9.6%28.5%14.5%20.0%
IV Percentile47.3%27.8%69.0%42.5%54.4%
Term Structure-0.6%-2.6%1.2%0.1%-1.9%
VWIV42.6%37.4%48.0%39.8%41.9%
Skew 25d10.7%8.9%12.9%9.6%9.5%
Skew 10d20.4%17.5%24.4%17.7%19.6%
Call IV 25d37.8%33.0%45.1%36.3%39.6%
Put IV 25d48.5%42.5%56.7%45.9%49.1%
Bid-Ask Spread %30.9312.8550.1728.7527.77
Gamma HHI0.090.070.120.080.10
Net GEX987.0K296.5K1.8M575.6K1.1M
Net DEX-33.5M-55.3M-15.6M-27.2M-25.0M
Net VEX-180.5K-191.8K-162.5K-186.0K-167.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.121.300.200.17
Total Volume3,059.27377410,1367742,430
Total OI54,159.45544,15062,75651,14450,242

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$29.95$30.0040.9%11.7%29.7%14.5%39.8%9.6%0.1%575.6K-27.2M-186.0K0.2028.75N/AN/A64413031,87019,274
2023-10-03$28.95$30.0046.8%13.4%31.0%23.2%47.3%10.4%-2.2%435.2K-18.6M-181.6K0.1736.31N/AN/A2,83247032,13819,318
2023-10-04$29.93$29.0041.9%12.0%33.4%15.9%41.7%9.6%0.3%694.8K-29.9M-188.0K1.1138.25N/AN/A9981,11033,37419,426
2023-10-05$29.75$31.0043.3%12.2%33.4%18.1%42.7%10.9%-0.1%686.4K-27.8M-187.8K0.4334.53N/AN/A55623833,63819,586
2023-10-06$30.77$31.0038.2%11.3%36.0%10.6%39.7%9.1%0.4%878.6K-38.8M-191.8K0.3024.47N/AN/A1,44242633,78019,602
2023-10-09$30.90$30.5039.8%11.5%34.4%13.0%42.7%9.6%0.1%988.5K-41.0M-187.0K1.0931.55N/AN/A63068634,58019,648
2023-10-10$31.38$30.5037.8%11.0%34.2%10.0%39.7%8.9%0.6%1.2M-46.4M-187.5K0.1331.66N/AN/A5,13068634,85019,838
2023-10-11$31.70$30.5038.0%10.9%34.4%10.3%43.4%9.2%0.0%1.7M-50.5M-189.0K0.4026.06N/AN/A1,81473437,18420,030
2023-10-12$31.50$29.5037.5%10.7%33.6%9.6%40.0%9.8%1.2%1.6M-50.5M-187.8K0.1233.01N/AN/A3,38640838,12620,166
2023-10-13$30.61$28.0041.8%12.0%32.4%15.8%40.3%12.4%0.2%1.2M-42.3M-191.3K0.2015.80N/AN/A1,41428840,35620,166
2023-10-16$31.48$28.0038.2%11.0%34.1%10.6%38.7%10.7%0.7%1.8M-55.3M-186.7K1.3033.37N/AN/A65885440,74020,472
2023-10-17$31.07$28.0039.8%11.4%34.4%12.9%37.4%11.1%0.6%1.2M-48.2M-183.0K1.0225.77N/AN/A1,1221,14241,03420,736
2023-10-18$30.20$28.0043.4%12.4%34.6%18.1%44.1%11.8%-0.7%957.2K-37.6M-179.4K0.4218.30N/AN/A1,68270641,29020,936
2023-10-19$29.68$28.0045.5%13.0%32.6%21.2%48.0%12.9%-1.1%866.2K-30.2M-174.6K0.2033.29N/AN/A5,3701,04841,63221,124
2023-10-20$28.93$27.5046.6%13.4%33.8%22.8%47.3%12.5%-1.6%296.5K-21.1M-170.5K0.2313.47N/AN/A8,2681,86841,21421,004
2023-10-23$29.17$27.5045.9%13.2%34.0%21.8%41.7%11.0%-1.3%841.5K-30.0M-177.5K0.1746.32N/AN/A3,18053030,00614,144
2023-10-24$29.67$27.5043.4%12.4%33.0%18.1%40.3%12.0%-0.9%1.1M-35.1M-183.0K0.2212.85N/AN/A73016031,95014,480
2023-10-25$28.15$27.5047.8%13.7%38.1%24.6%46.1%11.6%-1.6%882.3K-23.5M-171.7K0.2840.77N/AN/A2,51070832,22014,490
2023-10-26$27.05$27.5050.5%14.5%39.6%28.5%46.1%11.6%-2.6%678.9K-15.6M-162.5K0.1632.60N/AN/A4,63072032,22614,908
2023-10-27$27.18$27.5048.8%14.0%39.7%26.0%45.5%10.9%-1.2%890.5K-17.9M-167.4K0.6250.17N/AN/A74646234,57015,166
2023-10-30$28.00$27.5046.3%13.3%41.2%22.4%42.9%10.1%-1.3%1.1M-24.5M-168.9K0.2145.33N/AN/A3,10865034,68815,286
2023-10-31$28.16$27.5044.7%12.8%39.7%20.0%41.9%9.5%-1.9%1.1M-25.0M-167.2K0.1727.77N/AN/A2,07435634,64815,594