GLD Options History — November 2022

In November 2022, GLD traded between $151.91 and $165.61. ATM implied volatility averaged 15.4%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 2.2% (HV 20d: 17.6%). Max pain ranged from $155.50 to $160.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2022-11-08: Highest Volume — 278,619 contracts
  • 2022-11-10: Largest IV drop — 7.7% change
  • 2022-11-09: Highest IV Rank — 25.2%
  • 2022-11-09: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$160.86$151.91$165.61$153.40$164.74
Max Pain$159.60$155.50$160.00$156.00$160.00
ATM IV15.4%13.8%16.8%16.6%13.8%
Expected Move4.6%4.1%5.0%5.0%4.3%
HV 20d17.6%13.5%20.1%13.5%17.9%
HV 60d16.2%14.1%16.9%14.1%16.7%
IV Rank17.2%7.5%25.2%23.8%7.5%
IV Percentile43.5%17.5%67.9%63.9%17.5%
Term Structure0.1%-0.4%1.0%-0.1%0.0%
VWIV16.4%14.7%17.8%17.6%15.2%
Skew 25d0.2%-0.3%0.7%0.2%0.3%
Skew 10d0.5%-0.8%1.2%0.6%0.8%
Call IV 25d15.7%14.0%17.3%16.8%14.0%
Put IV 25d15.9%14.2%17.2%17.1%14.3%
Bid-Ask Spread %1.681.184.221.381.56
Gamma HHI0.040.030.050.040.05
Net GEX226.7M-91.2M410.9M14.2M319.8M
Net DEX-2.07B-5.13B2.21B1.51B-3.40B
Net VEX-36.0M-39.5M-30.3M-31.3M-35.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.411.110.991.11
Total Volume149,905.23821,100278,61994,77891,876
Total OI2,682,039.3332,570,3092,891,0192,570,7062,622,082

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$153.40$156.0016.6%5.0%13.5%23.8%17.6%0.2%-0.1%14.2M1.51B-31.3M0.991.3847,64747,1311,723,362847,344
2022-11-02$152.72$155.5016.0%4.8%13.5%20.4%17.1%0.7%-0.0%-27.3M1.91B-30.3M0.742.1193,49869,5211,733,905854,704
2022-11-03$151.91$160.0016.1%4.8%13.5%21.0%16.9%0.7%0.0%-91.2M2.21B-30.3M0.951.1881,27577,3091,748,162870,126
2022-11-04$156.44$160.0016.0%4.8%17.2%20.4%17.2%0.5%-0.0%134.1M-141.4M-33.5M0.711.45109,98477,8741,763,957871,121
2022-11-07$155.91$160.0016.2%4.8%16.2%21.4%17.6%0.4%0.7%106.5M201.2M-32.6M0.701.3678,65254,8741,758,113845,978
2022-11-08$159.36$160.0016.7%5.0%17.9%24.6%17.8%-0.2%0.6%240.9M-1.77B-35.8M0.581.53176,063102,5561,778,592861,385
2022-11-09$158.76$160.0016.8%5.0%18.0%25.2%17.7%0.0%0.5%196.1M-1.31B-35.9M1.041.6890,42893,6861,816,738890,472
2022-11-10$163.23$160.0015.5%4.7%20.1%17.6%16.8%-0.2%1.0%368.9M-3.95B-38.5M0.641.96138,04688,7131,829,126921,901
2022-11-11$164.51$160.0015.6%4.6%19.2%18.0%16.8%-0.3%0.9%410.9M-4.80B-39.5M0.751.61114,04785,1421,851,276945,837
2022-11-14$164.94$160.0015.8%4.6%19.2%19.1%16.5%0.0%-0.1%353.5M-4.63B-38.5M0.881.4777,79068,2671,836,014923,928
2022-11-15$165.61$160.0016.1%4.7%19.2%21.0%16.5%-0.1%-0.1%370.7M-5.13B-39.3M0.521.57139,29373,0631,852,611947,413
2022-11-16$165.23$160.0015.7%4.5%18.3%18.9%16.0%-0.0%-0.2%361.9M-4.80B-39.2M0.881.8684,60974,7861,868,834964,869
2022-11-17$163.91$160.0015.4%4.4%18.7%16.9%15.9%0.3%-0.1%276.7M-3.75B-38.5M0.634.2299,47162,6491,878,139992,622
2022-11-18$162.85$160.0015.3%4.4%18.3%16.4%15.5%0.4%-0.1%224.2M-3.10B-38.3M0.741.4393,77869,4701,896,919994,100
2022-11-21$161.85$160.0015.3%4.4%18.5%16.2%16.0%0.5%-0.4%191.3M-1.68B-37.6M0.691.4681,82956,8361,709,793860,516
2022-11-22$161.95$160.0014.8%4.3%18.5%13.6%15.6%0.4%-0.4%201.6M-1.81B-36.9M0.921.5868,80362,9531,727,454868,475
2022-11-23$163.01$160.0014.5%4.2%18.5%11.6%15.2%0.2%-0.4%250.8M-2.46B-37.5M0.411.51119,37148,4491,737,175872,586
2022-11-25$163.01$160.0013.8%4.1%18.4%7.8%14.7%0.1%-0.3%358.0M-2.50B-36.6M0.561.5113,5157,5851,763,896876,076
2022-11-28$162.09$160.0014.2%4.3%18.1%10.1%15.2%0.5%-0.0%239.4M-1.81B-35.1M0.511.4151,33325,9611,742,683861,644
2022-11-29$162.72$160.0014.1%4.3%17.7%9.6%15.5%0.5%0.1%260.5M-2.16B-35.5M0.571.4731,68418,1931,735,514877,384
2022-11-30$164.74$160.0013.8%4.3%17.9%7.5%15.2%0.3%0.0%319.8M-3.40B-35.8M1.111.5643,49648,3801,736,299885,783