QLD Options History — December 2024

In December 2024, QLD traded between $54.27 and $60.19. ATM implied volatility averaged 32.5%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 1.6% (HV 20d: 34.1%). Max pain ranged from $32.50 to $53.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.04.

Notable Days

  • 2024-12-16: Highest Volume — 6,502 contracts
  • 2024-12-18: Largest IV spike — 30.3% change
  • 2024-12-18: Highest IV Rank — 28.2%
  • 2024-12-18: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.89$54.27$60.19$55.35$54.27
Max Pain$42.50$32.50$53.00$53.00$49.00
ATM IV32.5%26.8%42.3%30.0%36.2%
Expected Move9.4%8.2%12.1%8.6%10.4%
HV 20d34.1%24.7%41.2%34.7%41.0%
HV 60d33.0%30.6%35.9%31.7%35.8%
IV Rank11.2%1.2%28.2%6.7%17.6%
IV Percentile37.2%1.6%86.1%20.6%62.3%
Term Structure3.0%-5.3%9.5%0.0%1.9%
VWIV32.7%27.5%44.2%31.9%36.0%
Skew 25d7.7%-5.4%19.7%6.0%8.7%
Skew 10d19.6%-6.8%29.6%14.1%-6.8%
Call IV 25d28.6%15.9%37.5%28.0%33.2%
Put IV 25d36.3%22.1%51.1%34.0%41.9%
Bid-Ask Spread %67.7836.8088.3444.8879.63
Gamma HHI0.150.080.310.120.08
Net GEX2.4M175.5K3.9M2.6M175.5K
Net DEX-114.3M-161.0M-68.1M-108.0M-68.1M
Net VEX-293.4K-316.3K-265.1K-286.9K-290.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.212.910.480.21
Total Volume2,955.0481,0826,5024,2121,254
Total OI50,704.66744,38860,27448,50045,600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$55.35$53.0030.0%8.6%34.7%6.7%31.9%6.0%0.0%2.6M-108.0M-286.9K0.4844.88N/AN/A2,8481,36433,54814,952
2024-12-03$55.48$53.0029.3%8.4%34.5%5.5%30.4%5.6%-0.4%2.8M-112.1M-310.5K0.5040.78N/AN/A84042034,73015,608
2024-12-04$56.99$53.0028.7%8.2%34.9%4.5%30.3%5.5%-1.2%3.3M-127.8M-297.1K0.8136.80N/AN/A1,04484434,57215,612
2024-12-05$56.74$32.5028.5%8.3%29.3%4.1%30.0%-4.0%5.5%3.3M-126.4M-295.2K0.3388.34N/AN/A94231034,93215,906
2024-12-06$57.62$32.5026.8%8.3%27.8%1.2%32.2%6.4%5.9%3.8M-136.6M-290.8K1.5267.44N/AN/A58689235,01815,978
2024-12-09$56.55$33.0030.1%8.7%28.7%6.9%32.9%6.5%5.2%3.5M-124.1M-286.0K2.2068.68N/AN/A5601,23035,01016,248
2024-12-10$56.22$34.5030.1%8.7%28.8%6.9%31.4%7.5%7.2%3.4M-120.3M-280.3K2.9169.17N/AN/A6321,84035,01615,834
2024-12-11$58.43$35.0029.0%8.3%31.7%5.1%30.6%6.5%5.8%3.6M-145.3M-276.7K0.4165.09N/AN/A2,4441,01035,10416,620
2024-12-12$57.73$35.0029.5%8.5%32.2%5.8%31.2%6.4%9.5%3.9M-134.4M-274.0K1.3575.87N/AN/A1,5682,11235,27617,060
2024-12-13$58.47$37.5029.0%8.3%31.2%5.1%27.5%6.8%8.4%3.5M-142.8M-273.4K2.0968.94N/AN/A8321,74234,99218,136
2024-12-16$60.19$38.0031.2%8.9%24.7%8.8%31.4%6.5%3.2%2.7M-161.0M-265.1K0.6067.88N/AN/A4,0562,44635,20218,904
2024-12-17$59.56$40.0032.5%9.3%25.3%11.0%31.6%8.1%4.8%3.0M-154.5M-276.1K0.2766.52N/AN/A3,9641,06235,54418,736
2024-12-18$55.31$40.0042.3%12.1%38.1%28.2%36.1%13.7%-2.0%1.9M-95.8M-299.5K2.1481.18N/AN/A1,7303,69636,59418,940
2024-12-19$55.09$45.0042.0%12.0%38.1%27.6%44.2%14.9%-1.0%1.8M-82.4M-308.5K1.3360.79N/AN/A1,5862,10436,82621,976
2024-12-20$56.04$45.0037.9%10.9%38.2%20.5%35.3%12.0%-0.4%2.7M-94.8M-306.7K0.6967.76N/AN/A3,3542,29837,08023,194
2024-12-23$56.70$47.5034.5%9.9%38.3%14.7%34.5%11.0%3.5%553.9K-87.9M-316.3K1.4070.85N/AN/A1,0481,46828,69615,692
2024-12-24$57.88$47.5029.8%8.5%38.8%6.4%27.8%9.7%6.6%764.9K-99.8M-310.9K0.8968.90N/AN/A1,3101,16429,22216,170
2024-12-26$58.41$47.5030.1%8.6%38.8%6.9%31.0%19.7%3.4%1.3M-107.9M-309.5K0.5574.29N/AN/A69838430,09815,598
2024-12-27$56.15$46.5034.2%9.8%41.2%14.0%32.9%10.1%2.3%845.3K-89.0M-304.2K0.3471.71N/AN/A1,39046630,20215,400
2024-12-30$55.41$47.5041.9%12.0%41.1%27.4%37.7%-5.4%-5.3%648.0K-81.6M-302.1K0.8987.96N/AN/A1,3301,18829,31415,658
2024-12-31$54.27$49.0036.2%10.4%41.0%17.6%36.0%8.7%1.9%175.5K-68.1M-290.7K0.2179.63N/AN/A1,03621829,35216,248