GLD Options History — July 2022

In July 2022, GLD traded between $158.26 and $168.42. ATM implied volatility averaged 16.9%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.6% (HV 20d: 13.2%). Max pain ranged from $170.00 to $172.50. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2022-07-06: Highest Volume — 695,160 contracts
  • 2022-07-05: Largest IV spike — 8.2% change
  • 2022-07-06: Highest IV Rank — 38.9%
  • 2022-07-06: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$161.46$158.26$168.42$168.42$164.16
Max Pain$170.13$170.00$172.50$172.50$170.00
ATM IV16.9%14.7%19.1%17.1%14.7%
Expected Move4.8%4.0%5.4%4.8%4.0%
HV 20d13.2%10.4%16.2%14.1%13.7%
HV 60d14.1%13.6%14.5%13.6%13.8%
IV Rank25.6%13.1%38.9%27.2%13.1%
IV Percentile78.5%54.0%93.3%86.5%54.0%
Term Structure-0.1%-0.3%0.2%0.0%0.2%
VWIV17.2%14.6%19.0%17.7%14.6%
Skew 25d1.0%-0.4%2.5%1.5%-0.4%
Skew 10d2.5%-0.7%5.7%4.2%-0.7%
Call IV 25d16.8%15.3%18.5%16.9%15.3%
Put IV 25d17.8%14.9%21.0%18.4%14.9%
Bid-Ask Spread %2.001.543.412.171.66
Gamma HHI0.050.030.090.040.03
Net GEX-71.9M-243.8M216.8M43.5M216.8M
Net DEX2.60B-428.1M4.85B273.8M-428.1M
Net VEX-46.5M-53.1M-43.1M-53.1M-48.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.151.581.300.42
Total Volume182,895.0584,216695,160189,964228,743
Total OI2,866,555.42,578,0233,030,3082,792,6552,942,433

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$168.42$172.5017.1%4.8%14.1%27.2%17.7%1.5%0.0%43.5M273.8M-53.1M1.302.1782,720107,2441,786,5421,006,113
2022-07-05$164.76$170.0018.5%5.1%15.6%35.4%18.6%2.0%-0.3%-147.5M2.51B-48.5M0.912.47104,87495,1951,776,2381,015,562
2022-07-06$162.30$170.0019.1%5.4%16.2%38.9%19.0%2.5%-0.2%-201.1M3.60B-47.7M1.153.41322,911372,2491,798,9031,035,221
2022-07-07$162.22$170.0018.2%5.1%15.9%33.5%19.0%1.7%-0.3%-236.8M4.15B-48.9M0.542.07124,73366,8131,849,8561,180,452
2022-07-08$162.37$170.0017.1%4.9%16.0%26.8%17.6%1.7%0.0%-232.2M4.22B-47.9M0.612.15125,39576,1541,831,3111,195,184
2022-07-11$161.42$170.0017.7%5.0%16.0%30.7%18.1%1.6%-0.2%-227.6M4.26B-46.5M0.402.8983,14033,5211,815,3751,144,782
2022-07-12$160.78$170.0017.6%5.0%14.8%30.1%18.1%1.4%-0.1%-233.3M4.41B-46.1M0.701.9360,13041,9451,825,5631,144,899
2022-07-13$161.57$170.0016.4%4.7%12.5%22.7%16.9%0.9%-0.1%-243.8M4.06B-46.3M1.581.9599,728157,8141,833,0531,159,388
2022-07-14$159.40$170.0017.4%4.9%13.0%28.9%17.5%0.9%-0.3%-127.6M4.52B-43.5M0.681.97103,14769,7861,856,0101,067,514
2022-07-15$158.87$170.0017.2%4.9%11.5%27.8%17.7%1.3%-0.3%-109.3M4.85B-43.5M0.551.7876,05741,6211,880,3801,094,808
2022-07-18$159.15$170.0017.4%5.0%10.4%28.6%17.6%0.9%-0.1%-54.7M2.55B-43.1M0.151.66190,55029,3071,643,536934,487
2022-07-19$159.49$170.0016.8%4.8%10.5%24.9%16.9%0.8%-0.1%-43.5M2.37B-44.3M1.001.8146,96747,1911,780,958939,409
2022-07-20$158.26$170.0016.8%4.8%10.6%25.5%17.2%1.1%-0.1%-70.6M2.85B-43.3M0.661.6767,50944,4131,791,628944,674
2022-07-21$160.14$170.0016.4%4.7%11.7%23.1%16.8%0.8%0.0%-15.7M1.81B-46.1M0.551.7386,30647,4131,817,514952,516
2022-07-22$160.64$170.0016.1%4.6%11.9%21.4%16.8%0.4%0.1%27.3M1.43B-46.9M0.651.76110,20571,3671,849,473962,359
2022-07-25$160.12$170.0016.1%4.6%11.8%21.1%16.7%0.4%0.1%-10.0M1.82B-45.7M0.951.6843,09041,1261,859,557964,762
2022-07-26$160.10$170.0016.0%4.6%11.9%20.8%16.5%0.6%-0.0%6.6M1.78B-45.5M0.711.5455,02838,9731,876,058971,060
2022-07-27$161.64$170.0015.3%4.3%12.7%16.5%15.8%-0.2%0.2%72.0M1.04B-46.5M0.502.0699,15949,2121,894,126977,247
2022-07-28$163.49$170.0015.1%4.2%13.6%15.2%15.5%-0.3%0.2%149.7M-130.8M-48.1M0.681.6369,08447,0811,950,255981,902
2022-07-29$164.16$170.0014.7%4.0%13.7%13.1%14.6%-0.4%0.2%216.8M-428.1M-48.2M0.421.66161,18067,5631,953,913988,520