GLD Options History — August 2022

In August 2022, GLD traded between $159.30 and $167.86. ATM implied volatility averaged 14.6%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 3.0% (HV 20d: 11.6%). Max pain ranged from $165.00 to $170.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.73.

Notable Days

2022-08-03: Highest Volume — 167,858 contracts
2022-08-22: Largest IV spike — 5.9% change
2022-08-01: Highest IV Rank — 18.1%
2022-08-01: Largest Expected Move — 4.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$164.26	$159.30	$167.86	$164.98	$159.30
Max Pain	$167.35	$165.00	$170.00	$170.00	$165.00
ATM IV	14.6%	13.3%	15.6%	15.6%	15.5%
Expected Move	4.1%	3.9%	4.4%	4.4%	4.3%
HV 20d	11.6%	10.1%	13.9%	13.9%	11.7%
HV 60d	13.3%	12.9%	13.8%	13.7%	12.9%
IV Rank	12.1%	4.6%	18.1%	18.1%	17.5%
IV Percentile	45.4%	13.1%	63.9%	63.9%	62.3%
Term Structure	0.1%	-0.3%	0.5%	-0.2%	-0.0%
VWIV	14.8%	13.7%	16.3%	16.3%	14.7%
Skew 25d	0.2%	-0.9%	1.2%	-0.9%	1.2%
Skew 10d	0.5%	-1.8%	2.6%	-1.8%	2.6%
Call IV 25d	14.8%	13.5%	16.6%	16.6%	15.3%
Put IV 25d	15.1%	13.7%	16.4%	15.7%	16.4%
Bid-Ask Spread %	1.79	1.44	3.17	1.57	1.88
Gamma HHI	0.04	0.03	0.10	0.03	0.03
Net GEX	175.1M	-122.5M	414.7M	226.2M	-59.3M
Net DEX	-225.7M	-2.30B	2.26B	-1.04B	2.26B
Net VEX	-45.0M	-50.1M	-40.1M	-49.9M	-40.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.40	1.56	0.47	1.56
Total Volume	95,934.043	44,565	167,858	162,751	129,948
Total OI	3,061,853.13	2,928,689	3,207,152	2,928,689	3,116,671

Daily Data (23 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
2022-08-01	$164.98	$170.00	15.6%	4.4%	13.9%	18.1%	16.3%	-0.9%	-0.2%	226.2M	-1.04B	-49.9M	0.47	1.57	110,715	52,036	1,982,401	946,288
2022-08-02	$164.22	$170.00	15.3%	4.4%	11.6%	16.7%	16.2%	-0.5%	-0.2%	213.2M	-508.2M	-48.6M	0.74	1.61	65,205	48,030	2,041,571	955,579
2022-08-03	$164.55	$170.00	15.0%	4.2%	10.1%	14.4%	15.1%	-0.4%	-0.3%	214.2M	-554.1M	-48.1M	0.47	1.68	114,448	53,410	2,049,621	968,813
2022-08-04	$167.06	$170.00	15.1%	4.3%	11.3%	15.3%	15.9%	-0.7%	-0.3%	320.6M	-2.14B	-50.1M	0.58	1.70	92,092	53,606	2,036,112	975,630
2022-08-05	$165.43	$170.00	14.6%	4.2%	12.0%	12.1%	15.0%	-0.1%	-0.3%	239.7M	-1.02B	-47.8M	0.82	1.64	64,430	52,729	2,055,152	985,905
2022-08-08	$166.61	$169.00	14.9%	4.3%	11.9%	14.3%	15.6%	-0.6%	0.1%	274.3M	-1.64B	-48.8M	0.73	1.64	52,491	38,550	2,041,507	978,257
2022-08-09	$167.25	$169.00	14.7%	4.2%	11.8%	12.7%	15.5%	-0.4%	0.0%	315.1M	-2.09B	-49.2M	0.67	1.60	42,712	28,607	2,056,835	990,989
2022-08-10	$166.81	$169.00	14.1%	4.1%	11.8%	9.2%	15.5%	-0.1%	0.2%	298.9M	-1.69B	-48.2M	0.97	1.66	33,271	32,325	2,069,122	999,538
2022-08-11	$166.42	$169.00	13.9%	4.0%	10.5%	8.2%	14.5%	0.1%	0.3%	270.8M	-1.28B	-46.6M	0.88	1.73	37,853	33,189	2,069,942	1,002,047
2022-08-12	$167.86	$169.00	13.3%	3.9%	10.6%	4.6%	14.2%	0.1%	0.4%	414.7M	-2.30B	-47.3M	0.67	2.10	46,770	31,533	2,080,405	1,017,103
2022-08-15	$165.78	$168.00	13.7%	3.9%	11.9%	7.0%	14.1%	0.1%	0.3%	221.3M	-601.7M	-44.5M	0.55	1.64	56,168	31,098	2,070,368	1,003,382
2022-08-16	$165.53	$167.00	13.7%	3.9%	11.9%	7.1%	14.5%	0.3%	0.5%	228.9M	-484.3M	-44.7M	0.56	1.58	28,522	16,043	2,092,432	1,010,125
2022-08-17	$164.39	$167.00	13.9%	4.0%	11.8%	8.4%	14.3%	0.3%	0.4%	133.4M	351.1M	-42.6M	0.75	3.17	51,156	38,302	2,098,399	1,017,910
2022-08-18	$163.90	$167.00	13.9%	3.9%	11.4%	8.0%	14.0%	0.6%	0.4%	81.2M	700.4M	-42.1M	1.20	1.63	56,542	68,016	2,110,121	1,023,910
2022-08-19	$162.76	$165.00	14.4%	4.1%	11.7%	11.0%	14.4%	0.8%	0.5%	-122.5M	1.66B	-42.2M	0.41	1.47	88,763	36,522	2,141,894	1,065,258
2022-08-22	$161.64	$165.00	15.2%	4.3%	11.9%	16.0%	15.2%	0.9%	-0.1%	59.1M	1.00B	-42.0M	0.57	1.63	42,651	24,199	2,038,056	933,362
2022-08-23	$162.67	$165.00	14.6%	4.1%	12.1%	12.4%	14.4%	0.7%	0.1%	117.4M	449.3M	-42.9M	0.40	1.44	74,316	30,065	2,056,647	941,852
2022-08-24	$163.17	$165.00	14.7%	4.0%	11.7%	13.0%	14.6%	0.7%	-0.2%	225.1M	36.5M	-43.4M	0.66	1.56	47,502	31,520	2,090,771	954,134
2022-08-25	$163.62	$165.00	14.4%	4.0%	11.0%	11.4%	14.5%	0.9%	-0.1%	279.1M	-154.0M	-43.1M	0.88	1.72	26,001	22,962	2,112,633	975,901
2022-08-26	$161.86	$165.00	14.3%	3.9%	11.5%	10.9%	13.7%	0.6%	0.0%	50.4M	1.07B	-40.9M	0.69	2.30	60,950	42,311	2,118,791	984,061
2022-08-29	$161.72	$165.00	14.9%	4.1%	11.3%	14.3%	14.5%	0.8%	0.0%	42.8M	1.05B	-40.7M	0.68	2.23	35,571	24,014	2,082,401	981,892
2022-08-30	$160.50	$165.00	15.2%	4.2%	11.5%	15.6%	14.8%	0.9%	0.1%	-18.0M	1.73B	-40.4M	0.80	1.98	32,935	26,404	2,103,464	995,370
2022-08-31	$159.30	$165.00	15.5%	4.3%	11.7%	17.5%	14.7%	1.2%	-0.0%	-59.3M	2.26B	-40.1M	1.56	1.88	50,749	79,199	2,113,804	1,002,867