GLD Options History — April 2022

In April 2022, GLD traded between $175.99 and $184.62. ATM implied volatility averaged 16.3%, placing in the 24.8% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 2.3% (HV 20d: 14.0%). Max pain ranged from $178.00 to $180.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2022-04-07: Highest Volume — 338,105 contracts
  • 2022-04-11: Largest IV spike — 9.7% change
  • 2022-04-12: Highest IV Rank — 29.9%
  • 2022-04-12: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.54$175.99$184.62$179.54$177.13
Max Pain$179.70$178.00$180.00$178.00$180.00
ATM IV16.3%15.4%17.2%16.2%16.8%
Expected Move4.7%4.5%5.0%4.8%4.9%
HV 20d14.0%11.6%21.6%21.6%11.6%
HV 60d16.2%15.9%16.5%16.5%16.3%
IV Rank24.8%19.9%29.9%24.3%27.8%
IV Percentile88.2%84.9%90.9%90.1%88.9%
Term Structure0.1%-0.3%0.6%0.6%-0.2%
VWIV17.6%16.2%19.2%19.2%18.9%
Skew 25d-2.1%-3.3%-1.0%-2.0%-1.7%
Skew 10d-4.2%-5.9%-2.5%-4.4%-3.9%
Call IV 25d18.1%17.4%19.5%17.7%18.6%
Put IV 25d16.0%14.8%16.9%15.7%16.8%
Bid-Ask Spread %1.941.662.401.912.09
Gamma HHI0.050.040.100.050.04
Net GEX629.9M185.3M1.15B660.0M295.2M
Net DEX-6.66B-11.64B-1.69B-6.47B-2.89B
Net VEX-69.3M-74.5M-64.9M-70.2M-66.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.360.950.370.84
Total Volume198,970.8107,731338,105286,451175,606
Total OI3,530,004.853,331,1473,760,3643,462,7493,550,524

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$179.54$178.0016.2%4.8%21.6%24.3%19.2%-2.0%0.6%660.0M-6.47B-70.2M0.371.91208,96477,4872,453,6661,009,083
2022-04-04$180.15$178.0016.1%4.8%21.0%23.8%18.4%-2.6%0.3%746.8M-7.24B-70.5M0.911.7657,02452,1432,484,1131,008,145
2022-04-05$179.46$178.0015.5%4.5%18.1%20.8%16.2%-2.3%0.2%672.1M-6.18B-67.1M0.621.87125,55377,2822,492,8721,014,812
2022-04-06$179.54$180.0015.9%4.6%15.2%22.7%17.7%-2.2%0.4%628.3M-6.10B-67.1M0.632.1293,32958,7002,497,6881,046,922
2022-04-07$180.14$180.0015.4%4.5%15.1%20.2%17.0%-2.3%0.3%732.4M-6.83B-68.2M0.712.40197,829140,2762,525,6171,061,984
2022-04-08$181.47$180.0015.4%4.5%15.3%19.9%17.2%-2.8%0.2%849.6M-8.56B-70.3M0.561.75151,35984,7372,570,5511,087,056
2022-04-11$182.34$180.0016.9%4.8%14.4%28.4%18.6%-3.3%-0.1%966.5M-9.43B-71.4M0.361.79191,32168,7172,523,6171,070,597
2022-04-12$183.69$180.0017.2%5.0%12.6%29.9%18.3%-3.1%0.2%1.11B-10.99B-73.7M0.421.74160,01167,6242,592,9201,093,833
2022-04-13$184.29$180.0016.2%4.7%12.5%24.6%17.7%-3.0%0.3%1.15B-11.64B-73.9M0.761.92100,16076,1992,633,0651,107,148
2022-04-14$184.11$180.0015.8%4.6%12.4%22.4%16.3%-2.4%0.2%1.02B-11.22B-72.2M0.922.03116,380107,1872,624,2981,136,066
2022-04-18$184.62$180.0017.1%4.9%11.8%29.5%17.9%-3.1%-0.0%756.3M-9.76B-74.5M0.871.7194,62181,9552,311,8171,019,330
2022-04-19$181.68$180.0016.3%4.7%12.9%25.0%17.4%-2.2%-0.0%552.0M-6.76B-70.0M0.631.66130,10282,3822,333,6751,041,835
2022-04-20$182.54$180.0016.0%4.6%12.5%23.5%16.8%-1.9%-0.0%596.4M-7.38B-71.4M0.481.8372,67135,0602,345,1771,081,483
2022-04-21$182.18$180.0015.8%4.5%11.8%22.1%16.2%-1.8%-0.0%566.2M-6.88B-69.0M0.541.68110,79160,0672,343,0481,086,370
2022-04-22$180.49$180.0016.3%4.7%11.8%25.1%17.1%-1.2%-0.1%367.0M-5.26B-69.0M0.801.8787,14969,7902,354,5041,112,077
2022-04-25$177.22$180.0016.7%4.9%13.3%27.2%18.0%-1.0%-0.3%246.2M-2.61B-65.3M0.522.24159,62783,4522,326,7141,094,159
2022-04-26$177.40$180.0016.7%4.9%11.6%27.1%17.6%-1.6%-0.2%283.0M-2.90B-66.1M0.782.0099,26277,5372,356,2961,128,188
2022-04-27$175.99$180.0016.4%4.8%11.9%25.9%18.9%-1.1%-0.2%185.3M-1.69B-64.9M0.562.2699,09655,2382,380,0061,150,045
2022-04-28$176.80$180.0016.4%4.7%11.6%25.6%17.5%-1.2%-0.2%221.9M-2.35B-65.3M0.952.1398,82793,9012,381,3061,169,490
2022-04-29$177.13$180.0016.8%4.9%11.6%27.8%18.9%-1.7%-0.2%295.2M-2.89B-66.1M0.842.0995,21380,3932,368,8061,181,718