GLD Options History — July 2024

In July 2024, GLD traded between $215.44 and $228.05. ATM implied volatility averaged 14.5%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded below realized volatility by 1.7% (HV 20d: 16.2%). Max pain ranged from $205.00 to $215.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-07-16: Highest Volume — 406,354 contracts
  • 2024-07-31: Largest IV spike — 11.7% change
  • 2024-07-31: Highest IV Rank — 71.3%
  • 2024-07-31: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$221.57$215.44$228.05$215.44$226.37
Max Pain$213.52$205.00$215.00$207.50$215.00
ATM IV14.5%13.0%16.7%13.4%16.7%
Expected Move4.2%3.7%5.1%3.8%5.1%
HV 20d16.2%13.9%18.8%18.3%17.3%
HV 60d17.0%16.4%17.4%17.3%17.1%
IV Rank50.3%35.9%71.3%39.8%71.3%
IV Percentile78.6%61.5%97.6%67.9%97.6%
Term Structure-0.2%-0.4%0.2%-0.1%-0.4%
VWIV15.2%13.3%18.2%14.0%18.2%
Skew 25d-1.4%-2.5%-0.8%-1.5%-2.5%
Skew 10d-2.4%-4.4%-1.3%-2.5%-4.4%
Call IV 25d15.6%14.1%18.3%14.7%18.3%
Put IV 25d14.2%12.9%15.8%13.3%15.8%
Bid-Ask Spread %1.420.851.941.011.94
Gamma HHI0.100.080.150.100.09
Net GEX809.3M548.1M1.15B559.5M1.15B
Net DEX-12.48B-18.04B-8.55B-9.13B-16.03B
Net VEX-56.7M-63.5M-51.9M-53.9M-63.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.280.990.470.32
Total Volume168,755.18264,095406,35476,199199,232
Total OI2,424,017.8182,249,0852,718,1852,249,0852,538,705

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$215.44$207.5013.4%3.8%18.3%39.8%14.0%-1.5%-0.1%559.5M-9.13B-53.9M0.471.0151,97124,2281,405,298843,787
2024-07-02$215.44$205.0013.0%3.7%17.9%35.9%13.3%-1.2%-0.1%578.7M-9.14B-53.0M0.470.8548,82322,8471,415,414847,456
2024-07-03$218.22$205.0013.6%3.8%18.3%41.2%13.7%-1.4%-0.1%738.1M-11.08B-53.6M0.651.1161,35739,8301,422,990855,934
2024-07-05$221.05$215.0014.2%4.0%18.4%47.6%14.7%-1.7%-0.3%789.6M-12.87B-53.7M0.400.90118,41047,8931,421,102858,766
2024-07-08$218.13$215.0013.9%4.0%18.8%44.4%14.5%-1.6%0.2%684.6M-10.66B-52.4M0.731.6054,64739,9071,427,395853,710
2024-07-09$218.56$215.0013.5%3.9%14.0%40.6%14.2%-1.3%0.2%723.8M-10.95B-51.9M0.461.5143,94320,1521,443,083865,551
2024-07-10$219.24$215.0013.9%4.0%13.9%43.9%14.6%-1.3%0.0%842.8M-11.47B-52.4M0.491.6885,61842,2551,453,890871,740
2024-07-11$223.44$215.0014.5%4.2%15.2%50.2%15.3%-1.6%0.2%1.09B-14.63B-53.1M0.511.50143,08273,2111,474,667870,671
2024-07-12$223.16$215.0014.0%4.0%15.3%45.0%14.8%-1.6%0.2%926.4M-14.26B-53.9M0.541.3484,76845,7801,518,014912,726
2024-07-15$224.01$215.0014.8%4.2%14.9%53.0%15.2%-1.8%-0.1%981.9M-14.61B-53.4M0.281.33141,34239,4511,500,214898,701
2024-07-16$228.05$215.0015.8%4.5%15.5%63.0%16.2%-2.0%-0.2%1.14B-18.04B-56.1M0.401.31291,183115,1711,562,787917,873
2024-07-17$227.26$210.0015.5%4.4%15.3%59.4%15.7%-1.8%-0.1%1.05B-17.29B-58.6M0.651.39191,294123,8721,616,018969,138
2024-07-18$225.67$215.0015.0%4.3%15.7%55.1%15.3%-1.4%-0.3%910.2M-15.73B-60.1M0.991.4871,63570,6031,669,6021,023,174
2024-07-19$221.91$215.0015.2%4.4%16.6%56.9%15.9%-0.9%-0.4%624.0M-11.87B-59.0M0.491.43162,11080,1731,686,2001,031,985
2024-07-22$221.72$215.0014.8%4.3%15.4%53.0%15.4%-0.9%-0.3%663.3M-10.87B-58.7M0.721.5993,79167,7541,523,222834,683
2024-07-23$222.64$215.0014.5%4.2%15.4%50.5%14.9%-1.0%-0.3%724.1M-11.86B-58.5M0.491.6766,82432,9531,541,650845,615
2024-07-24$222.30$215.0015.0%4.4%15.2%54.6%15.7%-0.9%-0.4%617.1M-11.76B-60.1M0.461.68135,83962,3441,567,678865,139
2024-07-25$218.41$215.0014.6%4.3%16.3%50.9%15.3%-0.8%-0.3%548.1M-8.55B-59.1M0.551.44193,814107,1431,573,099862,625
2024-07-26$220.51$215.0014.2%4.2%16.1%46.9%14.9%-0.9%-0.3%763.8M-10.67B-60.1M0.361.39107,83638,9931,650,959882,604
2024-07-29$220.44$215.0014.5%4.4%16.1%50.1%15.4%-0.8%-0.2%771.4M-10.62B-60.4M0.371.37101,79437,2651,627,882867,232
2024-07-30$222.50$215.0014.9%4.5%16.4%54.4%16.4%-1.3%-0.2%928.6M-12.51B-61.5M0.411.6393,52937,9471,634,317875,096
2024-07-31$226.37$215.0016.7%5.1%17.3%71.3%18.2%-2.5%-0.4%1.15B-16.03B-63.5M0.321.94150,38148,8511,648,687890,018