GLD Options History — November 2024

In November 2024, GLD traded between $236.70 and $253.12. ATM implied volatility averaged 15.8%, placing in the 61.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 2.2% (HV 20d: 17.9%). Max pain ranged from $225.00 to $238.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-11-06: Highest Volume — 409,877 contracts
  • 2024-11-06: Largest IV drop — 10.2% change
  • 2024-11-04: Highest IV Rank — 84.2%
  • 2024-11-01: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$244.79$236.70$253.12$252.56$245.60
Max Pain$229.95$225.00$238.00$238.00$231.00
ATM IV15.8%14.3%18.1%17.5%14.8%
Expected Move4.6%4.2%5.7%5.7%4.4%
HV 20d17.9%10.9%22.3%11.8%21.7%
HV 60d14.4%12.0%16.1%12.5%16.1%
IV Rank61.6%47.2%84.2%78.5%52.7%
IV Percentile69.8%48.0%98.4%97.2%52.8%
Term Structure-0.1%-0.5%0.3%-0.2%-0.3%
VWIV16.6%15.0%20.9%20.9%16.0%
Skew 25d-0.1%-1.4%0.9%0.2%-0.2%
Skew 10d0.4%-2.1%2.6%1.5%0.1%
Call IV 25d16.2%14.6%18.0%17.6%15.4%
Put IV 25d16.1%14.6%18.5%17.9%15.2%
Bid-Ask Spread %2.111.492.602.112.23
Gamma HHI0.080.050.200.090.07
Net GEX572.2M-58.2M1.61B844.9M782.7M
Net DEX-12.90B-19.75B-6.19B-19.23B-13.95B
Net VEX-58.7M-63.0M-53.6M-63.0M-56.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.221.740.901.04
Total Volume206,228.1575,611409,877185,06975,611
Total OI2,929,510.52,713,9613,150,2233,017,3092,865,331

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$252.56$238.0017.5%5.7%11.8%78.5%20.9%0.2%-0.2%844.9M-19.23B-63.0M0.902.1197,21287,8571,788,9681,228,341
2024-11-04$252.81$225.0018.1%5.1%11.7%84.2%18.5%0.5%-0.2%859.3M-19.39B-62.0M1.221.6664,64179,1561,756,6731,187,047
2024-11-05$253.12$225.0017.8%5.0%10.9%81.7%18.1%0.5%-0.2%922.6M-19.75B-61.0M0.741.8979,30658,9091,744,6891,191,641
2024-11-06$245.61$230.0016.0%4.6%15.8%64.0%16.3%-0.2%-0.0%428.2M-12.42B-60.2M0.512.22271,758138,1191,783,2401,231,394
2024-11-07$249.63$230.0015.5%4.5%16.5%59.5%16.2%-0.3%0.1%842.3M-17.30B-59.9M1.302.20109,428141,9691,779,2751,208,395
2024-11-08$248.16$230.0014.4%4.3%16.4%48.5%15.6%0.0%0.2%590.1M-15.58B-58.3M0.801.9980,21364,0771,816,8711,260,408
2024-11-11$242.47$230.0014.3%4.2%18.4%47.2%15.1%0.1%0.3%201.6M-9.34B-53.6M1.292.53141,356181,8161,771,9951,206,643
2024-11-12$240.16$230.0014.4%4.2%18.6%48.2%15.0%0.1%0.2%123.8M-8.00B-55.3M1.222.2097,433119,2001,800,6661,207,497
2024-11-13$237.84$230.0014.7%4.3%18.7%51.4%15.3%0.5%0.2%-31.3M-6.19B-55.0M0.612.40203,258124,3221,822,3531,237,635
2024-11-14$237.05$230.0015.5%4.5%18.4%59.3%15.9%0.6%0.2%-58.2M-6.24B-56.9M1.742.1999,530173,1921,860,1001,229,839
2024-11-15$236.70$230.0015.3%4.4%17.8%57.0%15.9%0.9%0.2%-10.4M-6.44B-57.1M0.772.25110,91285,8171,906,6091,243,614
2024-11-18$240.88$230.0015.3%4.4%19.2%57.3%15.8%-0.2%-0.4%504.4M-9.81B-57.9M0.391.90115,89145,5121,658,4611,055,500
2024-11-19$243.12$230.0015.9%4.6%19.1%62.9%16.7%-0.7%-0.5%519.1M-12.04B-60.1M0.222.04166,77936,8731,681,2651,051,560
2024-11-20$244.48$230.0016.5%4.7%19.1%68.9%17.3%-1.4%-0.4%867.1M-13.95B-61.6M0.522.60132,09468,9991,765,1491,059,671
2024-11-21$246.51$230.0016.1%4.6%19.2%64.6%16.9%-1.0%-0.4%1.08B-15.70B-61.0M0.462.08126,73357,7011,783,0591,080,710
2024-11-22$249.93$230.0016.2%4.7%19.9%66.1%17.4%-0.7%-0.5%1.61B-18.79B-60.5M0.542.09143,52276,9981,788,1491,107,999
2024-11-25$242.66$230.0016.3%4.8%22.3%66.5%17.5%-0.2%-0.4%370.4M-10.75B-58.8M0.722.01141,531102,0781,701,1791,070,444
2024-11-26$242.87$230.0015.6%4.6%21.8%59.7%16.7%-0.3%-0.3%434.4M-11.18B-57.9M0.941.4952,21549,3451,727,1321,085,580
2024-11-27$243.60$230.0015.0%4.5%21.8%54.3%15.8%-0.1%-0.4%559.1M-11.99B-56.9M0.612.0476,42346,7771,741,7441,103,384
2024-11-29$245.60$231.0014.8%4.4%21.7%52.7%16.0%-0.2%-0.3%782.7M-13.95B-56.1M1.042.2337,15238,4591,745,8091,119,522