QLD Options History — August 2024

In August 2024, QLD traded between $40.35 and $49.47. ATM implied volatility averaged 46.5%, placing in the 39.9% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 11.7% (HV 20d: 58.3%). Max pain ranged from $44.00 to $49.50. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-08-15: Highest Volume — 6,512 contracts
  • 2024-08-05: Largest IV spike — 39.3% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.04$40.35$49.47$45.16$47.87
Max Pain$46.91$44.00$49.50$49.50$47.50
ATM IV46.5%34.0%83.5%48.9%34.0%
Expected Move12.4%9.7%18.7%14.0%9.7%
HV 20d58.3%46.4%64.7%51.5%46.4%
HV 60d41.9%35.1%43.9%35.1%43.2%
IV Rank39.9%13.7%100.0%93.3%13.7%
IV Percentile82.2%54.4%100.0%99.6%54.4%
Term Structure-2.2%-6.5%0.1%-2.4%-0.0%
VWIV42.4%33.9%60.8%50.1%33.9%
Skew 25d10.9%5.8%24.0%8.2%7.8%
Skew 10d19.1%12.2%31.1%16.9%14.5%
Call IV 25d37.8%31.1%52.7%46.7%31.1%
Put IV 25d48.7%37.6%76.7%54.9%38.9%
Bid-Ask Spread %34.8425.4748.2743.9943.73
Gamma HHI0.140.080.360.180.12
Net GEX513.9K-659.2K1.1M51.8K988.7K
Net DEX-44.5M-73.1M-6.9M-29.1M-59.3M
Net VEX-268.3K-289.7K-246.1K-254.6K-272.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.122.410.740.41
Total Volume2,190.3643706,5121,814370
Total OI41,993.36438,00651,07238,00642,456

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$45.16$49.5048.9%14.0%51.5%93.3%50.1%8.2%-2.4%51.8K-29.1M-254.6K0.7443.99N/AN/A1,04077424,21013,796
2024-08-02$43.05$49.0059.9%17.2%51.9%100.0%57.1%18.3%-6.5%35.0K-16.5M-255.5K0.7948.27N/AN/A1,3961,10824,61614,262
2024-08-05$40.35$46.0083.5%18.7%55.1%100.0%60.8%24.0%-3.0%151.9K-6.9M-246.1K0.6039.98N/AN/A1,8101,08225,28814,918
2024-08-06$42.10$45.0063.3%15.3%58.4%64.9%51.5%16.0%-3.7%121.4K-13.5M-248.3K0.5540.69N/AN/A1,46481025,86615,158
2024-08-07$40.97$45.0065.2%15.9%57.2%68.2%53.8%18.1%-2.3%204.4K-12.2M-250.0K0.8939.94N/AN/A89479626,38014,812
2024-08-08$42.90$44.5058.3%14.3%60.2%56.1%49.4%15.9%-3.5%235.0K-19.6M-251.2K0.3434.02N/AN/A1,31444426,70215,076
2024-08-09$43.47$44.0046.3%13.2%60.2%35.1%43.5%12.5%-1.3%286.5K-22.2M-252.9K0.3935.13N/AN/A84033027,19615,172
2024-08-12$43.41$44.0056.3%13.0%60.2%52.6%41.5%11.2%-2.0%355.5K-22.5M-247.1K2.4133.75N/AN/A1,5723,78427,58015,276
2024-08-13$45.66$47.5057.3%12.2%63.9%54.4%40.0%11.0%-1.9%-74.2K-35.0M-267.6K1.7929.91N/AN/A2,0463,65627,99616,796
2024-08-14$45.66$47.5038.5%11.0%61.5%21.6%39.2%9.4%-0.6%40.2K-34.5M-269.8K1.0232.08N/AN/A1,0841,10428,88017,698
2024-08-15$48.08$47.5036.0%10.3%64.7%17.3%34.0%6.9%0.1%-659.2K-64.8M-264.2K0.1626.22N/AN/A5,59491829,34618,260
2024-08-16$48.09$47.5035.5%10.2%64.3%16.4%34.8%6.8%-1.1%894.3K-73.1M-276.7K0.2730.51N/AN/A2,04454432,55018,522
2024-08-19$49.02$47.5034.9%10.0%63.6%15.3%35.4%5.8%-1.7%942.8K-66.4M-278.2K0.4928.40N/AN/A1,57477625,26612,912
2024-08-20$49.30$47.5035.6%10.2%63.6%16.6%36.7%6.7%0.1%1.0M-70.2M-288.6K0.1231.38N/AN/A1,11413426,16013,480
2024-08-21$49.47$47.5037.0%10.6%58.3%19.0%37.3%8.1%-0.9%1.1M-71.6M-289.7K0.4025.47N/AN/A56222626,54213,530
2024-08-22$48.02$47.5040.3%11.5%59.0%24.6%38.7%9.4%-1.7%905.1K-61.1M-288.0K0.4228.71N/AN/A1,23051826,51813,618
2024-08-23$48.88$47.5038.6%11.1%59.3%21.7%39.1%8.1%-4.6%1.1M-66.9M-285.2K0.9332.84N/AN/A56652826,81813,776
2024-08-26$48.01$47.5038.6%11.1%59.7%21.8%38.5%8.1%-1.3%934.9K-60.6M-281.9K0.2934.21N/AN/A95227227,08614,094
2024-08-27$48.45$47.5037.8%10.8%58.3%20.3%38.7%7.9%-0.8%1.0M-63.9M-279.9K0.3134.28N/AN/A33210427,17014,298
2024-08-28$47.48$47.5040.2%11.5%54.6%24.5%40.0%9.7%-6.5%824.2K-54.9M-282.5K0.4333.06N/AN/A88638427,29014,412
2024-08-29$47.40$47.5037.3%10.7%50.0%19.5%38.4%8.8%-1.9%843.8K-54.4M-272.5K0.2339.86N/AN/A98822427,54814,524
2024-08-30$47.87$47.5034.0%9.7%46.4%13.7%33.9%7.8%-0.0%988.7K-59.3M-272.4K0.4143.73N/AN/A26210827,84214,614