GLD Options History — October 2019

In October 2019, GLD traded between $139.53 and $142.43. ATM implied volatility averaged 13.3%, placing in the 57.6% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 0.6% (HV 20d: 12.7%). Max pain ranged from $140.00 to $141.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.82.

Notable Days

  • 2019-10-11: Highest Volume — 274,196 contracts
  • 2019-10-24: Largest IV spike — 7.4% change
  • 2019-10-03: Highest IV Rank — 76.7%
  • 2019-10-02: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$140.86$139.53$142.43$139.62$142.43
Max Pain$140.91$140.00$141.00$140.00$141.00
ATM IV13.3%11.3%15.0%14.1%11.6%
Expected Move3.8%3.3%4.3%4.2%3.4%
HV 20d12.7%9.5%15.3%14.7%10.1%
HV 60d14.3%13.0%15.2%15.0%13.0%
IV Rank57.6%36.1%76.7%66.8%39.7%
IV Percentile75.7%61.5%90.5%84.9%64.3%
Term Structure-0.1%-0.4%0.4%-0.2%0.4%
VWIV13.8%12.1%15.2%14.7%12.2%
Skew 25d-2.6%-3.6%-1.9%-3.2%-2.3%
Skew 10d-4.3%-5.5%-3.4%-5.5%-3.6%
Call IV 25d15.1%12.9%17.3%16.4%13.1%
Put IV 25d12.5%10.5%14.1%13.2%10.8%
Bid-Ask Spread %2.611.533.782.612.58
Gamma HHI0.050.050.060.050.06
Net GEX284.5M87.4M587.0M167.5M587.0M
Net DEX-6.50B-8.29B-5.02B-5.27B-8.29B
Net VEX-45.4M-49.5M-42.7M-46.9M-43.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.491.320.970.84
Total Volume138,344.39174,157274,196169,365122,247
Total OI3,027,896.2612,799,3743,295,3662,901,8983,101,308

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$139.62$140.0014.1%4.2%14.7%66.8%14.7%-3.2%-0.2%167.5M-5.27B-46.9M0.972.6185,88983,4761,895,2281,006,670
2019-10-02$141.32$140.0014.7%4.3%15.3%72.5%15.2%-3.6%-0.2%321.7M-7.18B-47.7M0.633.42133,61583,5521,905,2941,014,119
2019-10-03$141.97$141.0015.0%4.2%13.2%76.7%15.0%-3.2%-0.3%386.0M-8.02B-49.5M0.862.7794,82081,5981,946,0641,044,811
2019-10-04$141.89$141.0014.2%4.0%12.9%67.6%14.9%-2.6%-0.2%374.6M-7.75B-48.3M1.082.3862,67867,9461,956,9991,072,017
2019-10-07$140.62$141.0014.2%4.0%13.2%68.0%14.8%-2.6%-0.0%221.5M-6.16B-46.0M0.631.6859,72437,4731,915,9121,039,611
2019-10-08$141.83$141.0014.9%4.2%13.2%75.1%14.9%-2.9%-0.2%355.1M-7.76B-47.5M0.582.4070,25440,4131,940,7581,049,225
2019-10-09$142.20$141.0014.3%4.1%13.1%69.3%14.4%-2.9%-0.1%403.6M-8.09B-47.3M0.973.6142,39041,1911,968,5561,070,853
2019-10-10$140.83$141.0014.3%4.1%13.6%69.1%15.0%-2.8%-0.2%236.8M-6.40B-46.6M0.822.6776,54762,7401,980,7621,080,979
2019-10-11$139.80$141.0014.4%4.1%13.6%69.8%15.1%-2.0%-0.3%87.4M-5.10B-45.9M1.023.78136,009138,1872,007,2831,104,830
2019-10-14$140.60$141.0014.3%4.1%13.5%68.6%14.9%-2.6%-0.3%226.0M-6.29B-45.8M0.772.7241,80232,3552,018,1871,088,271
2019-10-15$139.53$141.0013.7%3.9%13.7%62.0%14.0%-2.7%-0.4%100.9M-5.02B-44.0M1.051.5362,20965,5562,022,1561,082,432
2019-10-16$140.38$141.0013.3%3.8%13.9%58.0%13.4%-2.4%0.0%256.8M-6.25B-45.4M0.792.6958,64646,2322,097,0901,093,095
2019-10-17$140.62$141.0013.4%3.9%13.9%59.4%13.5%-2.4%-0.1%331.6M-6.72B-45.4M0.662.45113,53375,2872,129,0481,100,561
2019-10-18$140.51$141.0013.5%3.9%13.1%60.2%13.6%-2.1%-0.3%272.9M-6.45B-45.5M1.323.2672,18894,9402,158,8511,136,515
2019-10-21$139.68$141.0012.7%3.7%13.0%51.3%13.0%-1.9%-0.2%185.8M-5.04B-43.2M0.972.3974,88372,6921,879,788919,586
2019-10-22$140.24$141.0012.1%3.5%12.9%45.3%12.8%-2.2%-0.2%192.2M-5.48B-43.4M0.632.2060,39438,3261,903,955967,125
2019-10-23$140.54$141.0011.5%3.3%11.2%39.1%12.4%-2.3%-0.2%253.4M-5.98B-43.4M0.902.1956,71751,0611,934,393982,590
2019-10-24$141.58$141.0012.4%3.6%11.6%48.1%13.4%-2.6%-0.2%393.8M-7.07B-43.9M0.512.12123,05562,3171,948,4971,001,241
2019-10-25$141.83$141.0011.9%3.4%11.5%43.3%12.4%-2.4%-0.1%460.8M-7.60B-45.8M0.631.5380,14750,1321,993,9781,026,310
2019-10-28$140.64$141.0011.8%3.5%10.4%41.7%12.7%-2.3%0.3%245.0M-5.91B-44.0M0.492.4988,21943,1201,974,376984,250
2019-10-29$140.25$141.0011.3%3.4%10.3%36.4%12.1%-2.4%0.3%192.5M-5.48B-43.2M0.903.0945,46540,9882,027,4441,003,596
2019-10-30$140.90$141.0011.3%3.4%9.5%36.1%12.3%-2.4%0.4%291.6M-6.27B-42.7M0.793.4361,88449,0242,039,0851,027,915
2019-10-31$142.43$141.0011.6%3.4%10.1%39.7%12.2%-2.3%0.4%587.0M-8.29B-43.8M0.842.5866,36455,8832,054,0111,047,297