GLD Options History — October 2021

In October 2021, GLD traded between $164.08 and $168.84. ATM implied volatility averaged 13.9%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 0.8% (HV 20d: 13.0%). Max pain ranged from $165.00 to $166.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2021-10-22: Highest Volume — 206,985 contracts
  • 2021-10-25: Largest IV spike — 6.8% change
  • 2021-10-25: Highest IV Rank — 31.4%
  • 2021-10-25: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$166.11$164.08$168.84$164.43$166.65
Max Pain$165.24$165.00$166.00$166.00$166.00
ATM IV13.9%13.2%14.6%14.0%13.7%
Expected Move4.0%3.8%4.3%4.0%4.0%
HV 20d13.0%10.6%15.2%15.2%11.1%
HV 60d13.6%12.9%14.0%13.2%13.9%
IV Rank21.9%15.5%31.4%21.6%21.3%
IV Percentile35.3%13.5%56.7%40.9%34.5%
Term Structure-0.1%-0.3%0.3%0.3%0.1%
VWIV14.6%13.6%15.6%15.6%14.6%
Skew 25d0.7%-0.4%1.8%1.8%0.4%
Skew 10d1.7%0.1%3.4%3.4%1.4%
Call IV 25d14.1%13.4%15.3%13.6%14.0%
Put IV 25d14.8%13.9%15.9%15.3%14.4%
Bid-Ask Spread %1.831.652.262.262.16
Gamma HHI0.050.040.120.060.04
Net GEX156.1M15.2M410.1M111.9M123.4M
Net DEX-435.7M-2.00B773.8M306.7M-346.6M
Net VEX-48.8M-50.6M-47.0M-49.8M-48.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.311.261.260.77
Total Volume99,039.8139,743206,98596,865176,222
Total OI2,522,821.0952,384,6222,653,0512,471,9512,578,548

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$164.43$166.0014.0%4.0%15.2%21.6%15.6%1.8%0.3%111.9M306.7M-49.8M1.262.2642,80454,0611,420,6231,051,328
2021-10-04$165.22$166.0014.5%4.1%14.8%27.0%15.5%1.4%-0.2%145.2M-38.8M-50.6M0.671.7050,51733,8221,417,0801,060,393
2021-10-05$164.54$165.0014.4%4.1%13.3%25.5%15.2%1.4%-0.1%100.7M388.6M-50.0M0.391.8551,49920,0101,423,5631,094,337
2021-10-06$164.96$165.0014.5%4.1%13.3%26.3%15.0%1.2%-0.1%137.9M102.5M-50.4M0.551.9641,18122,5241,436,1031,110,778
2021-10-07$164.08$165.0014.3%4.1%13.3%24.6%14.8%1.4%-0.1%71.9M732.2M-49.6M0.311.9943,02913,2491,459,0871,117,192
2021-10-08$164.24$165.0013.8%4.0%13.3%21.2%14.7%1.1%-0.0%15.2M704.0M-49.1M0.841.9259,88150,4711,477,1361,130,846
2021-10-11$164.10$165.0014.2%4.0%13.2%24.9%15.5%1.0%-0.1%40.2M773.8M-48.3M0.671.7233,41922,2351,451,7221,100,050
2021-10-12$164.69$165.0013.8%3.9%13.1%20.8%14.2%0.9%-0.2%79.8M480.8M-48.0M0.571.7649,25128,0321,467,0131,119,841
2021-10-13$167.58$165.0013.9%3.9%14.5%21.7%14.4%0.8%-0.1%336.9M-1.59B-50.0M0.611.79100,17761,0611,475,5751,131,999
2021-10-14$168.07$165.0013.6%3.9%11.9%19.5%14.2%0.7%-0.1%410.1M-1.92B-50.2M0.881.7938,57634,0431,487,0891,144,007
2021-10-15$165.32$165.0013.5%3.9%13.5%18.2%13.8%0.9%0.0%67.6M115.5M-48.1M1.141.6550,45557,5191,486,3331,166,718
2021-10-18$165.03$165.0013.7%3.9%13.3%21.4%14.5%0.6%-0.3%51.1M246.9M-47.1M0.681.6926,09717,7991,303,4261,081,196
2021-10-19$165.47$165.0013.5%3.9%13.1%18.5%13.9%0.8%-0.3%72.4M23.3M-47.0M0.481.7126,88412,8591,314,7921,097,404
2021-10-20$166.83$165.0013.4%3.9%13.4%17.9%13.9%0.6%-0.3%175.2M-838.7M-48.0M0.861.7944,68338,2371,333,1301,109,089
2021-10-21$166.76$165.0013.2%3.8%12.7%15.5%13.6%0.7%-0.3%182.9M-798.2M-47.8M1.002.0142,22742,3901,339,4611,114,449
2021-10-22$167.68$165.0013.7%4.0%12.8%20.7%14.3%0.2%-0.3%254.4M-1.32B-48.3M0.691.71122,54684,4391,345,4371,123,504
2021-10-25$168.84$165.0014.6%4.3%12.9%31.4%15.6%-0.4%0.0%237.9M-2.00B-49.5M0.581.7489,68051,7251,353,6791,098,419
2021-10-26$167.77$165.0013.8%4.0%12.5%21.7%14.6%-0.2%0.1%190.0M-1.24B-48.4M0.591.7780,71247,4521,382,9211,116,256
2021-10-27$167.93$166.0013.7%4.0%12.2%21.0%14.9%-0.2%0.1%216.5M-1.38B-48.1M0.841.7956,66247,5981,393,2811,121,288
2021-10-28$168.10$166.0013.6%4.0%10.6%19.8%14.4%-0.3%0.2%256.3M-1.55B-48.6M1.121.7553,80360,0051,408,9601,135,190
2021-10-29$166.65$166.0013.7%4.0%11.1%21.3%14.6%0.4%0.1%123.4M-346.6M-48.1M0.772.1699,66276,5601,419,3531,159,195