GLD Options History — April 2024

In April 2024, GLD traded between $207.45 and $221.40. ATM implied volatility averaged 16.3%, placing in the 73.4% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 1.9% (HV 20d: 14.4%). Max pain ranged from $196.00 to $200.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.78.

Notable Days

  • 2024-04-12: Highest Volume — 736,539 contracts
  • 2024-04-15: Largest IV spike — 9.2% change
  • 2024-04-12: Highest IV Rank — 100.0%
  • 2024-04-15: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$216.04$207.45$221.40$207.45$212.31
Max Pain$198.95$196.00$200.00$196.00$200.00
ATM IV16.3%14.2%19.7%14.2%15.1%
Expected Move4.7%4.2%5.6%4.2%4.7%
HV 20d14.4%11.3%17.8%11.3%17.7%
HV 60d12.2%10.7%13.8%10.7%13.8%
IV Rank73.4%55.6%100.0%56.4%55.6%
IV Percentile92.6%78.2%100.0%78.2%84.5%
Term Structure-0.4%-0.7%0.0%-0.2%-0.1%
VWIV17.2%14.9%20.9%14.9%16.7%
Skew 25d-2.1%-3.4%-1.0%-3.1%-1.0%
Skew 10d-3.9%-6.2%-2.0%-5.7%-2.2%
Call IV 25d18.0%15.9%22.3%16.6%15.9%
Put IV 25d15.9%13.5%18.9%13.5%14.8%
Bid-Ask Spread %1.360.792.281.530.94
Gamma HHI0.120.090.250.140.09
Net GEX722.1M378.4M1.36B845.3M378.4M
Net DEX-17.16B-21.37B-12.05B-13.77B-12.05B
Net VEX-62.5M-66.5M-53.7M-53.7M-64.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.411.410.411.17
Total Volume258,002.227118,898736,539233,923186,753
Total OI2,776,601.1822,308,2223,063,1992,308,2222,897,730

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$207.45$196.0014.2%4.2%11.3%56.4%14.9%-3.1%-0.2%845.3M-13.77B-53.7M0.411.53165,31868,6051,452,429855,793
2024-04-02$210.78$196.0015.0%4.5%11.3%65.5%16.2%-3.2%-0.4%860.1M-15.76B-54.8M0.501.16225,572112,9611,463,389887,360
2024-04-03$212.56$197.0015.5%4.7%11.4%71.0%16.9%-2.9%-0.4%840.9M-16.58B-55.3M0.441.08224,28699,1761,489,275940,235
2024-04-04$211.55$196.0015.6%4.2%11.6%72.0%15.8%-2.4%-0.4%817.1M-15.85B-57.8M0.652.12158,148103,1661,536,278970,226
2024-04-05$214.99$196.0015.2%4.2%12.5%67.5%15.4%-2.1%-0.4%1.36B-18.18B-57.1M0.771.14186,320144,3311,572,7171,021,462
2024-04-08$216.53$196.0016.5%4.5%12.4%84.1%16.5%-1.9%-0.5%826.6M-18.49B-61.0M0.581.10173,994101,6341,588,4701,053,833
2024-04-09$217.50$200.0016.4%4.6%12.4%83.3%17.1%-1.7%-0.5%848.6M-19.25B-62.4M0.891.32174,477155,1681,630,0561,102,234
2024-04-10$215.63$200.0016.5%4.7%11.9%84.3%17.3%-2.0%-0.3%663.2M-18.02B-64.6M1.032.04121,370124,7811,676,9941,166,294
2024-04-11$219.39$200.0017.0%4.8%12.7%89.9%17.0%-2.5%-0.3%886.8M-20.90B-62.5M1.071.8993,494100,1161,696,0181,154,886
2024-04-12$216.86$200.0018.0%5.0%13.6%100.0%19.2%-2.2%-0.7%740.6M-18.64B-66.3M0.662.28443,746292,7931,704,0551,189,423
2024-04-15$220.75$200.0019.7%5.6%14.2%100.0%20.9%-3.4%-0.6%725.4M-20.65B-65.9M0.781.67156,894122,8061,691,4251,190,581
2024-04-16$221.40$200.0018.3%5.2%14.1%86.8%19.7%-2.9%0.0%792.3M-21.37B-63.4M0.751.22127,71795,9691,716,8671,221,412
2024-04-17$219.65$200.0017.2%4.9%14.7%76.4%17.8%-1.8%-0.4%826.8M-19.71B-64.9M1.011.42133,243134,7691,737,9041,258,602
2024-04-18$220.36$200.0016.7%4.8%14.5%71.7%17.8%-1.6%-0.3%745.8M-20.15B-63.7M0.931.1793,98487,1051,729,9401,280,816
2024-04-19$221.34$200.0016.6%4.8%14.4%70.8%17.5%-1.8%-0.1%645.3M-20.96B-64.0M0.680.89138,18294,5191,747,7241,315,475
2024-04-22$215.70$200.0016.1%4.7%17.5%65.9%17.2%-1.0%-0.5%480.3M-14.00B-65.7M1.411.5195,770135,3081,592,4921,157,038
2024-04-23$214.99$200.0016.3%4.8%17.7%67.1%17.3%-1.4%-0.6%440.0M-13.60B-65.4M0.821.37151,756124,9241,612,2721,179,672
2024-04-24$214.66$200.0016.0%4.8%17.8%64.5%17.0%-1.7%-0.6%447.0M-13.80B-66.5M0.901.0462,66756,2311,666,0891,214,115
2024-04-25$216.07$200.0015.8%4.7%17.8%62.6%17.1%-1.7%-0.5%524.6M-15.03B-65.9M0.511.0290,90946,0171,675,9951,229,480
2024-04-26$216.47$200.0015.6%4.6%17.4%61.1%16.6%-1.6%-0.6%599.7M-15.57B-65.6M0.721.2482,24958,9301,704,3591,241,721
2024-04-29$216.00$200.0015.3%4.6%17.3%57.4%16.8%-1.4%-0.1%592.6M-15.12B-64.7M0.560.7983,06946,8221,685,5071,186,583
2024-04-30$212.31$200.0015.1%4.7%17.7%55.6%16.7%-1.0%-0.1%378.4M-12.05B-64.5M1.170.9486,046100,7071,695,1831,202,547