GLD Options History — February 2024

In February 2024, GLD traded between $184.41 and $190.39. ATM implied volatility averaged 10.3%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded above realized volatility by 0.7% (HV 20d: 9.6%). Max pain ranged from $185.00 to $185.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-02-14: Highest Volume — 185,278 contracts
  • 2024-02-02: Largest IV drop — 8.5% change
  • 2024-02-01: Highest IV Rank — 20.5%
  • 2024-02-01: Largest Expected Move — 3.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$187.65$184.41$190.39$190.39$189.30
Max Pain$185.00$185.00$185.00$185.00$185.00
ATM IV10.3%9.5%11.7%11.7%9.6%
Expected Move3.0%2.8%3.3%3.3%2.9%
HV 20d9.6%8.9%10.5%9.8%9.1%
HV 60d12.0%11.0%12.4%12.4%11.0%
IV Rank8.4%1.3%20.5%20.5%2.7%
IV Percentile8.1%0.8%34.9%34.9%3.2%
Term Structure0.0%-0.2%0.2%0.0%0.0%
VWIV10.8%9.7%12.9%12.9%10.3%
Skew 25d-0.6%-1.9%-0.1%-1.9%-0.6%
Skew 10d-0.8%-3.1%0.1%-3.1%-0.9%
Call IV 25d10.9%9.9%13.1%13.1%10.2%
Put IV 25d10.3%9.6%11.3%11.3%9.6%
Bid-Ask Spread %1.941.452.642.052.01
Gamma HHI0.050.040.080.060.06
Net GEX342.2M-41.9M585.3M566.1M572.7M
Net DEX-4.46B-6.59B-1.56B-6.59B-6.04B
Net VEX-41.2M-45.8M-38.9M-45.8M-40.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.341.790.440.63
Total Volume114,478.443,181185,278163,084111,414
Total OI2,189,323.22,044,6792,285,7932,082,8042,261,638

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$190.39$185.0011.7%3.3%9.8%20.5%12.9%-1.9%0.0%566.1M-6.59B-45.8M0.442.05113,16849,9161,301,570781,234
2024-02-02$188.70$185.0010.7%3.1%10.3%11.9%11.7%-1.1%0.2%434.8M-5.28B-44.0M0.661.7567,38644,7691,342,865805,488
2024-02-05$187.66$185.0010.9%3.1%10.5%13.3%11.8%-0.6%-0.0%384.0M-4.32B-42.7M0.531.5485,23645,5401,333,773778,316
2024-02-06$188.59$185.0010.6%3.1%10.2%11.4%11.0%-0.7%0.1%495.3M-5.20B-42.3M0.651.4574,44448,6081,341,473799,038
2024-02-07$188.53$185.0010.2%3.0%10.2%7.9%10.5%-0.7%0.1%515.6M-5.26B-43.0M0.771.7668,13852,2741,374,385828,459
2024-02-08$188.34$185.0010.2%2.9%10.1%7.8%10.8%-0.6%-0.1%530.0M-4.94B-41.9M0.902.6435,49731,9851,393,381841,272
2024-02-09$187.55$185.009.9%2.9%10.2%4.8%10.5%-0.4%0.1%88.9M-4.06B-40.7M0.761.5447,71436,2161,399,099848,880
2024-02-12$187.13$185.0010.4%3.0%9.6%9.3%10.6%-0.4%-0.0%234.0M-3.70B-40.2M0.801.5767,82454,2961,360,732838,183
2024-02-13$184.63$185.0010.6%3.0%10.2%10.9%10.7%-0.1%-0.0%-41.9M-1.56B-38.9M1.032.2487,47390,2451,363,799849,889
2024-02-14$184.41$185.0010.4%3.0%9.5%9.7%9.7%-0.2%0.0%-26.6M-1.60B-39.7M1.791.8766,424118,8541,402,670874,201
2024-02-15$185.63$185.0010.4%3.0%9.3%9.4%10.6%-0.6%0.1%149.1M-3.06B-40.8M0.341.8771,94924,4391,403,748857,425
2024-02-16$186.44$185.0010.4%3.0%9.4%8.9%10.6%-0.7%0.1%212.3M-3.88B-41.8M0.471.7979,73637,8101,421,595864,198
2024-02-20$187.43$185.0010.5%3.0%9.5%10.6%11.1%-0.5%-0.2%428.7M-4.45B-40.5M0.862.3264,62655,7751,302,592742,087
2024-02-21$187.59$185.0010.3%2.9%9.4%8.0%11.1%-0.3%-0.1%318.9M-4.44B-40.6M1.212.2048,08558,1341,330,897773,527
2024-02-22$187.37$185.009.9%2.9%8.9%5.2%10.6%-0.4%-0.0%163.1M-4.26B-40.4M1.152.2632,75237,5901,338,105798,585
2024-02-23$188.56$185.0010.2%3.0%9.1%7.1%10.5%-0.4%-0.2%585.3M-5.37B-40.0M1.212.2474,51889,9331,350,063817,453
2024-02-26$188.32$185.009.8%2.9%9.2%4.1%10.4%-0.4%-0.0%385.8M-4.99B-40.2M0.852.0947,19340,2291,348,858838,945
2024-02-27$188.00$185.009.6%2.8%8.9%2.2%10.1%-0.2%-0.1%404.3M-4.95B-39.2M0.941.7644,33841,8591,370,360845,934
2024-02-28$188.34$185.009.5%2.9%8.9%1.3%10.0%-0.4%0.1%443.6M-5.20B-40.6M0.601.9326,98616,1951,388,297873,450
2024-02-29$189.30$185.009.6%2.9%9.1%2.7%10.3%-0.6%0.0%572.7M-6.04B-40.5M0.632.0168,44042,9741,392,885868,753