QLD Options History — November 2024

In November 2024, QLD traded between $49.59 and $55.30. ATM implied volatility averaged 35.8%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 0.7% (HV 20d: 36.5%). Max pain ranged from $50.00 to $54.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.63.

Notable Days

  • 2024-11-15: Highest Volume — 9,610 contracts
  • 2024-11-06: Largest IV drop — 35.3% change
  • 2024-11-04: Highest IV Rank — 50.2%
  • 2024-11-01: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.19$49.59$55.30$49.93$54.13
Max Pain$52.27$50.00$54.00$50.00$53.00
ATM IV35.8%27.7%54.9%49.5%29.7%
Expected Move10.1%8.5%14.2%14.2%8.5%
HV 20d36.5%29.8%40.8%32.2%34.2%
HV 60d34.8%32.8%35.9%34.9%33.2%
IV Rank16.9%2.7%50.2%40.8%6.3%
IV Percentile50.6%6.0%97.2%96.4%19.8%
Term Structure1.4%-6.1%4.2%-6.1%4.2%
VWIV34.6%28.8%47.4%47.4%28.8%
Skew 25d9.4%4.6%23.3%10.9%6.7%
Skew 10d14.9%-4.4%30.9%3.6%24.0%
Call IV 25d30.5%15.5%44.3%44.3%26.8%
Put IV 25d39.9%32.9%55.2%55.2%33.4%
Bid-Ask Spread %29.5320.1453.7835.2647.34
Gamma HHI0.160.080.290.140.11
Net GEX2.4M935.8K5.6M1.1M1.8M
Net DEX-92.9M-127.7M-64.9M-68.3M-93.4M
Net VEX-290.3K-322.7K-246.5K-277.7K-295.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.062.160.240.27
Total Volume2,860.26429,6101,0181,332
Total OI48,320.743,27058,81643,27047,734

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$49.93$50.0049.5%14.2%32.2%40.8%47.4%10.9%-6.1%1.1M-68.3M-277.7K0.2435.26N/AN/A82419429,44013,830
2024-11-04$49.59$50.0054.9%12.8%31.2%50.2%42.8%13.4%1.2%935.8K-64.9M-271.2K0.6022.52N/AN/A59635629,57213,854
2024-11-05$50.63$50.0053.0%12.1%29.8%46.8%42.4%11.8%-1.2%1.3M-73.3M-268.5K0.3720.99N/AN/A95435229,72214,048
2024-11-06$53.61$50.0034.3%10.1%35.8%14.3%36.0%7.4%-0.9%3.0M-99.8M-246.8K0.3826.03N/AN/A2,56898629,85014,224
2024-11-07$55.30$50.0030.2%9.7%37.1%7.2%32.4%23.3%1.8%3.6M-118.3M-246.5K0.2734.95N/AN/A5,0241,35030,52014,466
2024-11-08$55.24$51.5027.7%9.6%37.1%2.7%33.2%5.6%2.8%4.5M-123.4M-269.1K0.2122.72N/AN/A2,55653433,63214,806
2024-11-11$55.10$52.0033.5%9.8%36.9%12.8%32.2%5.4%4.1%4.8M-121.3M-265.3K0.0621.40N/AN/A6,89643834,36215,032
2024-11-12$55.10$52.5034.6%9.4%34.3%14.7%33.9%5.9%2.8%4.8M-124.9M-281.6K0.5029.21N/AN/A3,0381,51437,01415,324
2024-11-13$55.13$52.5030.2%8.7%34.4%7.1%30.1%4.6%1.3%5.6M-127.7M-289.9K0.1253.78N/AN/A2,15825039,53616,306
2024-11-14$54.00$52.5032.1%9.2%35.5%10.4%34.3%7.0%0.7%4.9M-112.5M-295.8K2.1624.96N/AN/A1,0062,16840,28016,488
2024-11-15$51.31$52.5036.6%10.5%40.2%18.2%35.4%8.6%0.0%1.4M-76.9M-295.4K0.5620.14N/AN/A6,1583,45240,49618,320
2024-11-18$52.23$54.0036.0%10.3%40.7%17.2%34.5%7.8%1.2%958.6K-72.7M-316.7K0.2422.48N/AN/A2,63263631,51814,100
2024-11-19$52.83$53.5035.5%10.2%40.8%16.3%34.7%8.5%2.1%1.1M-79.0M-322.7K0.3624.52N/AN/A71025431,92614,640
2024-11-20$52.61$53.5037.8%10.8%38.8%20.3%36.3%9.6%2.0%1.1M-78.1M-321.8K1.0222.75N/AN/A79481032,37214,764
2024-11-21$53.33$54.0035.1%10.1%38.7%15.7%35.1%9.2%0.6%1.2M-82.9M-321.3K1.0624.53N/AN/A59863232,08615,414
2024-11-22$53.24$54.0033.3%9.5%38.5%12.5%32.6%8.6%2.8%1.2M-81.7M-317.3K0.2830.31N/AN/A50214032,25215,502
2024-11-25$53.42$54.0031.7%9.1%38.5%9.7%29.9%7.9%1.9%1.2M-83.3M-306.7K1.2732.21N/AN/A1,1221,42232,42815,522
2024-11-26$53.98$53.0030.3%8.7%38.1%7.3%29.4%19.5%3.8%1.7M-91.8M-296.2K1.5934.18N/AN/A40864832,63614,802
2024-11-27$53.12$53.0030.7%8.8%38.1%8.0%30.7%7.3%2.8%1.3M-84.3M-299.7K0.9740.38N/AN/A60658632,72614,870
2024-11-29$54.13$53.0029.7%8.5%34.2%6.3%28.8%6.7%4.2%1.8M-93.4M-295.0K0.2747.34N/AN/A1,04828432,81214,922