GLD Options History — June 2021

In June 2021, GLD traded between $164.90 and $178.69. ATM implied volatility averaged 13.7%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 0.5% (HV 20d: 13.2%). Max pain ranged from $167.00 to $170.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.63.

Notable Days

2021-06-17: Highest Volume — 467,320 contracts
2021-06-17: Largest IV spike — 12.2% change
2021-06-18: Highest IV Rank — 23.2%
2021-06-18: Largest Expected Move — 4.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$171.62	$164.90	$178.69	$177.88	$165.83
Max Pain	$168.09	$167.00	$170.00	$170.00	$167.00
ATM IV	13.7%	12.6%	15.2%	13.7%	13.9%
Expected Move	3.9%	3.6%	4.4%	3.9%	3.9%
HV 20d	13.2%	9.0%	16.1%	10.0%	15.6%
HV 60d	12.8%	11.6%	14.2%	11.8%	13.1%
IV Rank	12.3%	4.8%	23.2%	12.4%	14.0%
IV Percentile	14.3%	2.4%	31.3%	12.3%	19.8%
Term Structure	0.1%	-0.2%	0.3%	0.2%	0.0%
VWIV	14.2%	13.4%	15.7%	14.3%	14.2%
Skew 25d	0.5%	-0.7%	2.1%	-0.7%	1.2%
Skew 10d	1.6%	-0.6%	4.2%	0.1%	2.3%
Call IV 25d	14.0%	12.9%	15.2%	14.4%	13.9%
Put IV 25d	14.5%	13.3%	17.1%	13.7%	15.1%
Bid-Ask Spread %	1.94	1.33	2.29	1.47	1.79
Gamma HHI	0.06	0.04	0.09	0.09	0.05
Net GEX	337.9M	-72.4M	742.8M	668.4M	118.4M
Net DEX	-3.73B	-10.06B	2.33B	-9.43B	341.9M
Net VEX	-68.4M	-71.6M	-64.7M	-68.8M	-65.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.22	0.90	0.63	0.90
Total Volume	151,029.636	68,185	467,320	130,354	79,730
Total OI	3,326,538.591	2,998,070	3,747,003	3,231,885	3,179,180

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-06-01	$177.88	$170.00	13.7%	3.9%	10.0%	12.4%	14.3%	-0.7%	0.2%	668.4M	-9.43B	-68.8M	0.63	1.47	79,955	50,399	1,911,408	1,320,477
2021-06-02	$178.69	$170.00	13.3%	3.7%	9.0%	9.8%	13.6%	-0.6%	-0.2%	742.8M	-10.06B	-69.4M	0.60	1.33	75,750	45,606	1,923,399	1,354,448
2021-06-03	$175.22	$168.00	13.5%	3.9%	12.2%	11.4%	14.8%	-0.3%	-0.1%	410.2M	-6.52B	-69.1M	0.60	2.21	122,787	73,317	1,913,601	1,380,236
2021-06-04	$177.11	$168.00	13.2%	3.8%	11.5%	9.3%	14.4%	-0.4%	-0.1%	598.3M	-8.69B	-69.6M	0.43	2.17	91,858	39,931	1,961,488	1,393,870
2021-06-07	$177.81	$168.00	13.1%	3.8%	11.2%	8.3%	14.1%	-0.5%	0.2%	684.3M	-9.11B	-68.1M	0.68	2.02	92,804	62,813	1,951,417	1,361,058
2021-06-08	$177.22	$168.00	13.1%	3.8%	11.3%	8.3%	13.7%	-0.3%	0.1%	659.6M	-8.57B	-71.6M	0.27	2.00	66,537	17,746	1,983,960	1,414,941
2021-06-09	$176.85	$168.00	12.8%	3.7%	11.4%	6.6%	13.6%	-0.1%	0.1%	635.7M	-8.19B	-71.3M	0.72	1.80	39,647	28,538	2,018,356	1,421,897
2021-06-10	$177.67	$168.00	12.8%	3.7%	10.6%	6.3%	13.6%	0.1%	0.1%	713.4M	-9.07B	-71.4M	0.69	1.87	82,798	56,722	2,010,615	1,436,118
2021-06-11	$175.71	$168.00	12.6%	3.6%	11.6%	4.8%	13.4%	0.4%	0.1%	527.6M	-6.92B	-70.9M	0.52	2.00	90,377	47,051	2,055,095	1,457,940
2021-06-14	$174.67	$168.00	13.6%	3.9%	11.5%	11.7%	14.1%	0.5%	-0.0%	449.2M	-5.86B	-70.2M	0.65	2.07	72,098	47,188	2,045,448	1,437,725
2021-06-15	$174.03	$168.00	13.7%	3.9%	10.7%	12.7%	14.2%	0.3%	-0.1%	383.6M	-5.20B	-70.4M	0.87	2.29	65,980	57,448	2,056,415	1,457,201
2021-06-16	$171.51	$168.00	13.5%	3.9%	11.8%	11.0%	13.9%	0.5%	-0.1%	141.9M	-2.62B	-68.2M	0.67	2.11	116,085	77,972	2,075,334	1,472,257
2021-06-17	$166.24	$169.00	15.1%	4.3%	15.9%	22.3%	15.6%	1.1%	0.1%	-72.4M	2.33B	-65.7M	0.83	2.22	255,015	212,305	2,092,965	1,497,392
2021-06-18	$165.74	$168.00	15.2%	4.4%	15.8%	23.2%	15.7%	2.1%	0.1%	-36.7M	2.17B	-67.1M	0.84	1.97	157,222	132,719	2,205,308	1,541,695
2021-06-21	$166.89	$168.00	14.6%	4.2%	16.1%	18.7%	15.3%	1.0%	0.1%	108.8M	22.2M	-68.8M	0.22	1.76	154,467	34,232	1,758,984	1,239,086
2021-06-22	$166.36	$168.00	14.3%	4.1%	16.0%	16.5%	14.7%	1.1%	0.1%	118.2M	427.0M	-67.9M	0.58	1.98	59,813	34,483	1,839,817	1,253,590
2021-06-23	$166.17	$168.00	14.1%	4.0%	15.4%	15.3%	14.1%	1.1%	0.0%	117.4M	634.1M	-67.0M	0.72	1.90	95,197	68,168	1,859,137	1,270,059
2021-06-24	$166.11	$167.50	13.6%	3.8%	15.4%	11.7%	13.6%	1.0%	0.2%	129.3M	640.5M	-67.5M	0.43	2.13	60,467	26,288	1,887,509	1,293,228
2021-06-25	$166.50	$167.50	13.4%	3.7%	15.5%	10.2%	13.4%	1.1%	0.3%	173.1M	517.5M	-67.0M	0.44	1.81	67,623	29,942	1,912,307	1,304,286
2021-06-28	$166.53	$167.50	13.4%	3.7%	15.4%	10.6%	13.6%	1.1%	0.0%	157.0M	-57.5M	-65.5M	0.66	1.85	50,801	33,692	1,861,565	1,238,459
2021-06-29	$164.90	$167.50	14.0%	4.0%	15.5%	14.9%	14.8%	1.5%	0.1%	5.1M	1.24B	-64.7M	0.83	1.94	92,314	76,767	1,877,244	1,257,334
2021-06-30	$165.83	$167.00	13.9%	3.9%	15.6%	14.0%	14.2%	1.2%	0.0%	118.4M	341.9M	-65.8M	0.90	1.79	41,881	37,849	1,904,980	1,274,200