GLD Options History — June 2025

In June 2025, GLD traded between $301.34 and $316.42. ATM implied volatility averaged 17.7%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 2.4% (HV 20d: 20.1%). Max pain ranged from $280.00 to $303.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2025-06-13: Highest Volume — 882,104 contracts
  • 2025-06-13: Largest IV spike — 7.4% change
  • 2025-06-13: Highest IV Rank — 50.0%
  • 2025-06-02: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$308.95$301.34$316.42$311.53$304.53
Max Pain$297.60$280.00$303.00$280.00$301.00
ATM IV17.7%15.2%19.7%19.1%16.2%
Expected Move5.1%4.4%5.7%5.7%4.7%
HV 20d20.1%15.9%27.9%27.9%17.2%
HV 60d24.5%24.3%24.9%24.3%24.9%
IV Rank35.0%15.9%50.0%45.2%23.3%
IV Percentile74.5%32.9%89.7%86.1%56.3%
Term Structure-0.1%-0.3%0.2%-0.3%-0.2%
VWIV18.3%15.4%20.2%20.2%17.3%
Skew 25d-1.1%-2.1%-0.4%-0.7%-0.6%
Skew 10d-1.6%-3.9%-0.3%-0.8%-0.3%
Call IV 25d18.6%15.7%21.2%19.8%16.7%
Put IV 25d17.5%14.9%19.1%19.1%16.1%
Bid-Ask Spread %3.362.185.222.232.84
Gamma HHI0.070.040.140.070.05
Net GEX1.64B299.3M2.71B1.74B874.1M
Net DEX-29.23B-44.94B-9.68B-36.65B-13.92B
Net VEX-111.9M-119.0M-98.9M-115.7M-99.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.130.980.630.13
Total Volume333,652.35163,923882,104343,499760,990
Total OI4,091,300.953,231,6424,687,1984,066,2113,465,541

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$311.53$280.0019.1%5.7%27.9%45.2%20.2%-0.7%-0.3%1.74B-36.65B-115.7M0.632.23211,369132,1302,463,5371,602,674
2025-06-03$309.13$280.0018.9%5.6%26.0%43.5%20.0%-0.7%-0.3%1.65B-33.38B-118.4M0.982.4096,53594,6862,487,8631,625,726
2025-06-04$310.79$280.0018.5%5.5%24.4%40.8%19.4%-0.8%-0.2%1.88B-35.79B-117.6M0.552.18138,05576,1252,516,0911,662,534
2025-06-05$309.19$300.0018.4%5.3%24.0%40.4%18.6%-0.6%-0.2%1.65B-33.43B-117.4M0.613.36119,37472,2832,509,5541,651,304
2025-06-06$305.45$300.0017.8%5.1%23.3%35.3%18.1%-0.6%-0.1%1.41B-28.71B-119.0M0.763.46130,89999,2382,644,1451,674,323
2025-06-09$306.69$300.0018.1%5.2%23.2%38.2%19.1%-0.6%0.0%1.58B-30.34B-115.6M0.372.32236,30287,3202,628,2781,652,125
2025-06-10$307.07$300.0017.7%5.1%20.6%34.9%18.1%-0.4%-0.0%1.70B-31.39B-114.5M0.823.06104,11885,6922,734,9611,656,028
2025-06-11$308.56$300.0017.9%5.1%20.6%36.0%18.6%-1.3%0.0%1.97B-33.91B-114.8M0.493.75165,62380,6522,762,2671,687,482
2025-06-12$312.12$300.0018.4%5.3%18.9%39.9%18.8%-1.3%-0.0%2.40B-38.81B-114.7M0.384.20203,70176,7222,780,1121,687,914
2025-06-13$316.42$301.0019.7%5.6%18.7%50.0%19.8%-2.1%-0.3%2.71B-44.94B-115.5M0.245.22708,882173,2222,800,0371,708,648
2025-06-16$312.05$302.0018.5%5.3%19.1%40.7%19.7%-1.8%-0.2%2.24B-37.84B-114.0M0.313.64465,581146,0742,902,6051,709,688
2025-06-17$311.89$301.0018.9%5.4%18.8%44.1%19.2%-2.1%-0.3%2.20B-37.93B-117.4M0.434.09160,00168,2782,894,5831,727,260
2025-06-18$310.40$301.0018.2%5.2%18.0%38.4%18.4%-1.8%-0.2%1.90B-35.61B-113.9M0.654.69160,596104,3112,930,2781,756,920
2025-06-20$310.07$303.0017.5%5.0%17.8%33.6%17.9%-1.8%-0.1%2.17B-34.83B-110.7M0.663.50144,64595,4722,923,7201,757,919
2025-06-23$311.34$303.0017.5%5.1%17.4%33.4%18.4%-1.3%0.1%1.47B-20.10B-106.5M0.583.74209,452122,1582,054,5741,177,068
2025-06-24$306.28$300.0016.7%4.8%16.9%27.1%17.5%-1.0%0.0%855.7M-14.87B-105.4M0.443.34291,392127,6022,095,4261,224,129
2025-06-25$307.31$300.0015.8%4.6%15.9%21.1%16.1%-0.8%0.2%1.16B-16.57B-105.9M0.673.10112,92075,4372,148,8041,262,625
2025-06-26$306.74$300.0015.4%4.4%15.9%17.4%15.4%-0.6%0.1%1.03B-15.82B-102.3M0.713.0395,85668,0672,139,2761,266,272
2025-06-27$301.34$300.0015.2%4.4%17.0%15.9%15.7%-0.8%0.0%299.3M-9.68B-98.9M0.782.99208,911162,3762,166,4691,287,259
2025-06-30$304.53$301.0016.2%4.7%17.2%23.3%17.3%-0.6%-0.2%874.1M-13.92B-99.7M0.132.84671,04189,9492,171,9831,293,558