QLD Options History — April 2024

In April 2024, QLD traded between $37.73 and $44.05. ATM implied volatility averaged 37.2%, placing in the 38.4% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 7.1% (HV 20d: 30.2%). Max pain ranged from $40.00 to $44.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2024-04-19: Highest Volume — 7,076 contracts
  • 2024-04-02: Largest IV spike — 11.8% change
  • 2024-04-19: Highest IV Rank — 63.3%
  • 2024-04-19: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.42$37.73$44.05$43.84$40.22
Max Pain$41.91$40.00$44.00$40.00$40.00
ATM IV37.2%29.8%43.8%29.8%39.1%
Expected Move10.6%8.5%12.6%8.5%11.2%
HV 20d30.2%21.4%39.2%30.4%39.2%
HV 60d34.0%32.3%36.2%32.5%35.1%
IV Rank38.4%10.3%63.3%10.3%45.3%
IV Percentile64.7%8.7%94.4%8.7%79.8%
Term Structure-0.6%-3.0%3.3%3.3%-2.6%
VWIV36.9%30.7%42.7%30.7%38.6%
Skew 25d7.2%5.5%9.4%5.9%5.5%
Skew 10d14.5%10.7%17.9%10.7%11.6%
Call IV 25d33.6%28.6%39.4%28.6%35.9%
Put IV 25d40.8%34.5%47.6%34.5%41.4%
Bid-Ask Spread %37.2125.3151.3242.4432.63
Gamma HHI0.160.080.240.240.18
Net GEX403.5K-110.6K1.1M1.0M-15.2K
Net DEX-43.0M-68.9M-9.9M-67.2M-28.0M
Net VEX-238.7K-251.3K-222.9K-230.6K-250.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.122.960.120.68
Total Volume2,474.8188527,0761,3962,432
Total OI41,657.54531,96247,83840,99038,366

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$43.84$40.0029.8%8.5%30.4%10.3%30.7%5.9%3.3%1.0M-67.2M-230.6K0.1242.44N/AN/A1,24814826,18214,808
2024-04-02$43.14$40.0033.3%9.5%30.8%23.5%32.4%6.5%1.2%895.3K-61.0M-236.5K0.8143.21N/AN/A1,16894426,55014,956
2024-04-03$43.33$40.0033.5%9.6%26.2%24.5%33.1%6.2%0.2%929.9K-62.7M-233.7K0.7548.35N/AN/A74856226,65215,182
2024-04-04$42.17$44.0036.8%10.5%27.2%36.6%38.7%7.2%-1.4%579.5K-52.0M-240.3K0.3436.65N/AN/A2,02267826,75815,724
2024-04-05$42.98$43.5035.8%10.3%25.6%33.1%32.6%7.1%-3.0%853.3K-59.7M-234.8K0.1727.82N/AN/A2,12836627,30815,864
2024-04-08$43.03$43.5035.8%10.0%23.4%32.8%34.8%7.2%1.6%738.9K-60.3M-230.5K0.3126.62N/AN/A64820427,03416,042
2024-04-09$43.05$43.5036.1%9.9%23.2%34.2%34.3%7.3%0.2%704.3K-60.0M-230.6K0.5732.96N/AN/A68038627,19616,122
2024-04-10$42.56$43.5035.5%10.2%21.4%32.0%33.9%7.5%1.6%584.6K-57.1M-224.8K1.0331.91N/AN/A2,0862,15027,47016,424
2024-04-11$44.05$43.5034.2%9.8%24.1%26.8%33.7%7.4%-0.0%1.1M-68.9M-239.4K0.5125.31N/AN/A84443028,13617,528
2024-04-12$42.53$43.5037.3%10.7%27.0%38.8%38.7%8.0%-1.1%549.9K-55.5M-244.9K0.4827.29N/AN/A83840228,57817,680
2024-04-15$41.05$43.0041.2%11.8%29.2%53.6%40.1%9.4%-1.1%107.4K-41.0M-235.9K0.6631.85N/AN/A1,7981,18628,53817,800
2024-04-16$41.23$42.5039.8%11.4%27.9%48.3%39.3%8.5%-1.7%24.8K-45.0M-233.5K0.7139.14N/AN/A1,02272628,40017,664
2024-04-17$40.20$43.0040.3%11.5%29.1%49.9%40.0%8.5%-2.3%-110.6K-33.5M-234.3K0.3638.47N/AN/A3,0941,12828,74817,734
2024-04-18$39.70$42.5040.8%11.7%27.7%52.1%42.7%7.8%-1.1%5.7K-28.9M-238.1K0.8242.72N/AN/A2,3321,92429,62417,868
2024-04-19$37.73$42.5043.8%12.6%31.3%63.3%42.5%8.2%-2.2%591.1K-9.9M-222.9K2.9651.32N/AN/A1,7865,29029,42818,410
2024-04-22$38.73$41.0040.3%11.5%33.5%49.9%37.7%7.5%-1.6%-71.5K-17.9M-240.4K1.1146.93N/AN/A1,9382,14819,10212,860
2024-04-23$39.90$41.0037.1%10.6%35.9%38.0%37.5%6.4%-0.2%23.1K-24.1M-248.4K0.5140.03N/AN/A1,34469219,79214,318
2024-04-24$40.11$40.5037.4%10.7%36.1%39.1%36.1%6.3%-1.3%58.9K-26.3M-251.3K0.2339.07N/AN/A1,52034820,45614,798
2024-04-25$39.58$40.5038.8%11.1%36.1%44.2%40.6%6.6%-1.3%-1.6K-22.8M-251.3K1.4042.47N/AN/A7621,06420,76815,076
2024-04-26$41.03$40.5035.3%10.1%39.0%31.2%35.4%5.9%-0.2%131.7K-32.5M-248.4K0.3333.05N/AN/A1,34845020,80616,074
2024-04-29$41.03$40.0036.8%10.5%39.0%36.6%38.1%6.7%-1.2%202.0K-32.4M-250.7K0.9738.35N/AN/A72870621,37216,270
2024-04-30$40.22$40.0039.1%11.2%39.2%45.3%38.6%5.5%-2.6%-15.2K-28.0M-250.7K0.6832.63N/AN/A1,44498821,76816,598