QLD Options History — July 2024

In July 2024, QLD traded between $45.09 and $54.87. ATM implied volatility averaged 35.3%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 4.5% (HV 20d: 30.8%). Max pain ranged from $47.50 to $52.50. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-07-17: Highest Volume — 7,004 contracts
  • 2024-07-24: Largest IV spike — 18.7% change
  • 2024-07-30: Highest IV Rank — 88.5%
  • 2024-07-30: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.45$45.09$54.87$50.33$47.94
Max Pain$50.52$47.50$52.50$47.50$49.50
ATM IV35.3%26.1%47.7%26.9%44.2%
Expected Move10.2%7.5%13.7%7.7%12.7%
HV 20d30.8%21.0%48.2%22.2%48.2%
HV 60d29.2%27.4%32.9%29.2%32.9%
IV Rank37.9%0.0%88.5%3.0%74.3%
IV Percentile51.8%0.0%98.8%0.4%93.7%
Term Structure-0.1%-5.2%3.1%2.5%-3.5%
VWIV35.7%26.3%45.5%28.0%41.9%
Skew 25d6.2%3.7%11.2%4.5%7.1%
Skew 10d11.4%7.1%17.6%10.0%12.9%
Call IV 25d32.8%24.3%43.7%25.1%40.2%
Put IV 25d39.1%28.2%54.9%29.6%47.2%
Bid-Ask Spread %26.1311.8851.3228.4551.32
Gamma HHI0.150.080.220.090.17
Net GEX763.1K-435.0K2.4M627.5K137.8K
Net DEX-69.9M-106.1M-26.3M-74.8M-45.5M
Net VEX-223.7K-257.5K-190.1K-205.5K-253.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.122.340.990.12
Total Volume2,050.4555067,0046743,674
Total OI37,205.81833,07646,07633,21836,912

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$50.33$47.5026.9%7.7%22.2%3.0%28.0%4.5%2.5%627.5K-74.8M-205.5K0.9928.45N/AN/A33833621,75411,464
2024-07-02$51.37$47.5026.1%7.5%22.7%0.0%26.6%3.9%2.9%826.5K-81.1M-208.4K1.0327.27N/AN/A44445821,85611,468
2024-07-03$52.17$47.5026.8%7.7%22.8%2.7%26.3%3.8%2.8%906.4K-85.9M-196.6K0.1230.58N/AN/A2,20826621,89211,606
2024-07-05$53.53$50.0026.7%8.6%21.1%2.3%31.7%4.9%-0.4%1.6M-99.1M-196.6K1.0111.88N/AN/A65065623,66011,792
2024-07-08$53.58$52.5028.0%8.7%21.1%7.8%32.5%4.0%3.1%1.6M-99.7M-190.1K0.6114.65N/AN/A1,49090823,77412,134
2024-07-09$53.72$51.5028.1%8.7%21.0%8.2%30.3%4.2%2.2%1.7M-100.8M-198.1K0.1614.08N/AN/A1,08217824,25612,786
2024-07-10$54.87$51.5030.6%8.8%21.6%18.2%32.4%4.3%3.1%1.4M-106.1M-205.7K0.9815.36N/AN/A81880024,49212,844
2024-07-11$52.67$51.5031.8%9.1%27.5%23.1%33.1%5.2%1.7%1.7M-91.3M-203.4K1.9112.41N/AN/A1,2542,39424,69013,344
2024-07-12$53.30$51.5030.3%8.7%26.6%17.0%30.7%4.2%2.8%1.8M-97.4M-202.6K1.0414.92N/AN/A70273025,02414,552
2024-07-15$53.23$51.5031.9%9.1%26.3%23.7%32.2%3.7%2.5%2.0M-97.5M-203.5K0.6914.63N/AN/A92863625,19814,434
2024-07-16$53.23$52.5032.0%9.2%26.4%24.0%33.0%4.0%2.2%2.4M-97.7M-215.9K0.3817.91N/AN/A68026026,34414,710
2024-07-17$50.42$52.0036.1%10.3%31.3%40.9%38.4%6.8%0.0%691.8K-71.3M-215.6K2.3421.38N/AN/A2,0944,91026,57014,702
2024-07-18$49.84$51.5036.8%10.5%31.5%43.6%38.1%7.8%0.4%-435.0K-60.2M-239.2K0.6424.48N/AN/A1,8261,17227,10618,206
2024-07-19$48.83$51.0039.3%11.3%32.1%53.9%39.0%8.9%1.9%-264.0K-50.4M-239.6K0.6921.72N/AN/A1,38895427,39618,680
2024-07-22$50.39$51.0037.0%10.6%34.1%44.4%36.1%7.2%0.1%173.8K-56.8M-236.0K0.1628.36N/AN/A1,10617820,56012,516
2024-07-23$50.01$51.0037.8%10.8%33.4%48.0%37.0%5.7%-2.8%240.0K-56.4M-239.5K0.1527.79N/AN/A4787421,23612,594
2024-07-24$46.67$50.5044.9%12.9%41.1%77.1%42.6%9.3%-4.7%-63.5K-36.3M-250.7K0.3234.86N/AN/A3,8261,22021,44812,610
2024-07-25$45.95$50.0045.2%13.0%41.2%78.5%44.1%10.8%-4.3%-45.1K-33.2M-255.8K0.4338.08N/AN/A85637222,17413,108
2024-07-26$46.20$50.0044.6%12.8%41.2%75.8%41.7%8.2%-5.2%-77.0K-33.9M-257.5K0.5140.13N/AN/A85643822,40813,238
2024-07-29$46.63$50.0045.0%12.9%41.5%77.7%45.5%7.5%-4.5%-37.7K-36.9M-255.2K0.4441.61N/AN/A35215422,94013,460
2024-07-30$45.09$50.0047.7%13.7%42.8%88.5%45.2%11.2%-4.9%-75.6K-26.3M-252.4K0.3143.05N/AN/A73623023,03413,556
2024-07-31$47.94$49.5044.2%12.7%48.2%74.3%41.9%7.1%-3.5%137.8K-45.5M-253.2K0.1251.32N/AN/A3,27839623,26213,650