GLD Options History — August 2024

In August 2024, GLD traded between $220.74 and $233.38. ATM implied volatility averaged 16.6%, placing in the 70.4% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 0.8% (HV 20d: 15.8%). Max pain ranged from $210.00 to $215.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2024-08-16: Highest Volume — 374,581 contracts
  • 2024-08-05: Largest IV spike — 15.1% change
  • 2024-08-05: Highest IV Rank — 97.2%
  • 2024-08-05: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$228.41$220.74$233.38$225.77$231.31
Max Pain$212.41$210.00$215.00$215.00$215.00
ATM IV16.6%15.0%19.4%16.0%15.0%
Expected Move4.8%4.5%5.4%5.1%4.5%
HV 20d15.8%14.4%17.0%16.9%14.6%
HV 60d16.8%16.3%17.4%17.0%16.3%
IV Rank70.4%54.7%97.2%64.2%54.7%
IV Percentile92.5%74.6%99.6%92.9%74.6%
Term Structure-0.1%-0.5%0.6%-0.3%0.6%
VWIV17.4%15.8%19.6%17.9%15.8%
Skew 25d-1.4%-2.4%-0.5%-2.4%-0.6%
Skew 10d-2.6%-4.3%-1.2%-4.3%-1.2%
Call IV 25d17.8%15.4%20.8%17.9%15.4%
Put IV 25d16.4%14.8%19.1%15.5%14.8%
Bid-Ask Spread %1.351.062.121.551.18
Gamma HHI0.100.090.120.100.10
Net GEX1.05B713.1M1.22B1.01B980.8M
Net DEX-15.99B-20.48B-10.55B-15.17B-16.30B
Net VEX-63.8M-68.0M-61.3M-63.0M-61.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.371.080.590.78
Total Volume156,237.77367,519374,581136,122120,400
Total OI2,619,464.4092,501,4332,769,0482,501,4332,670,321

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$225.77$215.0016.0%5.1%16.9%64.2%17.9%-2.4%-0.3%1.01B-15.17B-63.0M0.591.5585,48850,6341,620,875880,558
2024-08-02$225.24$215.0016.8%5.3%16.4%72.6%19.6%-2.1%-0.3%1.04B-14.61B-64.5M0.841.94140,621118,4731,647,324902,662
2024-08-05$222.95$210.0019.4%5.4%16.1%97.2%19.3%-1.6%-0.2%753.9M-12.29B-68.0M0.572.12111,75563,2391,646,574905,269
2024-08-06$220.74$210.0016.7%4.8%16.6%71.0%17.2%-1.4%0.0%715.0M-10.55B-64.2M0.401.4974,09929,6831,674,334904,428
2024-08-07$220.88$210.0016.1%4.6%16.5%65.2%16.8%-1.5%-0.0%713.1M-10.76B-63.0M0.561.3373,60840,9031,693,943909,335
2024-08-08$224.05$210.0016.6%4.8%15.9%70.3%17.3%-1.8%0.0%987.3M-13.58B-63.7M0.411.52163,83966,7081,675,546908,027
2024-08-09$224.50$210.0016.0%4.6%15.9%64.4%16.9%-1.9%0.1%1.12B-14.18B-64.1M0.411.19104,22642,9361,743,754916,931
2024-08-12$228.47$210.0018.1%5.2%17.0%84.7%19.3%-2.4%0.0%1.16B-17.57B-64.6M0.371.39152,46056,2251,708,273908,713
2024-08-13$227.75$210.0017.0%4.9%15.8%74.6%17.0%-1.9%0.1%1.22B-16.85B-64.1M0.501.28111,22655,4531,746,553939,619
2024-08-14$226.07$210.0016.3%4.7%16.0%67.8%17.1%-1.7%0.2%1.12B-15.17B-63.6M0.741.2087,22664,9811,769,074963,242
2024-08-15$227.03$210.0016.2%4.7%15.9%66.7%16.8%-1.8%0.1%1.19B-15.96B-62.9M0.501.0659,38129,7351,767,587968,267
2024-08-16$231.62$210.0017.9%5.1%16.0%82.7%18.3%-1.8%0.1%1.17B-20.48B-64.1M0.411.29265,918108,6631,787,093981,955
2024-08-19$231.50$211.0017.0%4.9%16.0%74.0%17.6%-1.5%-0.1%1.07B-17.67B-65.2M0.721.1681,29658,6061,661,928869,515
2024-08-20$232.34$212.0016.9%4.8%16.0%73.2%17.0%-1.0%-0.4%1.13B-18.27B-65.0M0.691.26109,72375,4601,679,793883,610
2024-08-21$232.45$215.0017.2%4.9%15.9%76.4%17.6%-0.9%-0.4%1.08B-18.10B-65.4M0.541.1194,92851,4521,680,899919,588
2024-08-22$229.44$215.0016.4%4.7%15.2%68.5%16.8%-0.8%-0.2%931.3M-15.36B-65.1M0.741.1483,05061,7511,673,724917,640
2024-08-23$231.97$215.0016.1%4.6%15.3%65.5%16.7%-0.8%-0.3%1.15B-17.54B-64.1M0.521.19101,68452,9881,695,719948,849
2024-08-26$232.84$215.0016.4%4.8%15.3%68.9%17.1%-1.0%-0.3%1.08B-17.98B-62.9M0.441.2047,04720,4721,665,217914,364
2024-08-27$233.38$215.0016.0%4.7%15.1%64.8%16.8%-1.0%-0.3%1.13B-18.36B-61.6M0.841.4352,35744,2011,672,884919,183
2024-08-28$231.81$215.0015.7%4.6%14.4%62.1%16.6%-0.5%-0.5%1.13B-16.95B-61.7M0.801.4568,70455,0131,700,413942,818
2024-08-29$233.01$215.0015.5%4.6%14.4%59.9%16.5%-0.7%-0.3%1.12B-17.99B-61.9M1.081.1848,48752,1321,689,867951,949
2024-08-30$231.31$215.0015.0%4.5%14.6%54.7%15.8%-0.6%0.6%980.8M-16.30B-61.3M0.781.1867,53252,8681,695,800974,521