GOLD Options History — June 2022

In June 2022, GOLD traded between $10.18 and $21.03. ATM implied volatility averaged 36.4%, placing in the 41.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 176.0% (HV 20d: 212.5%). Max pain ranged from $10.50 to $23.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2022-06-10: Highest Volume — 113,757 contracts
  • 2022-06-13: Largest IV spike — 14.2% change
  • 2022-06-16: Highest IV Rank — 64.7%
  • 2022-06-16: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.75$10.18$21.03$10.18$17.76
Max Pain$19.19$10.50$23.00$10.50$20.00
ATM IV36.4%31.4%41.7%33.7%38.1%
Expected Move10.4%9.1%12.0%10.0%11.0%
HV 20d212.5%35.1%255.9%36.1%255.9%
HV 60d126.0%29.4%149.6%29.4%149.6%
IV Rank41.1%18.4%64.7%28.8%48.6%
IV Percentile75.7%44.8%94.8%63.1%84.5%
Term Structure-0.1%-1.0%0.7%-0.8%-0.1%
VWIV37.5%31.9%43.3%35.6%40.0%
Skew 25d2.6%2.0%3.4%3.1%2.1%
Skew 10d5.8%3.2%8.3%7.1%4.8%
Call IV 25d36.4%31.4%42.7%33.3%38.6%
Put IV 25d39.0%33.5%45.1%36.4%40.7%
Bid-Ask Spread %2.541.983.132.512.33
Gamma HHI0.080.070.110.070.08
Net GEX3.8M-1.2M12.6M4.4M-1.2M
Net DEX23.8M-148.3M200.2M-22.4M200.2M
Net VEX-3.5M-3.8M-2.9M-3.6M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.180.880.340.39
Total Volume61,954.38132,584113,75766,08859,169
Total OI1,373,104.0481,028,5192,311,8342,288,6521,091,112

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$10.18$10.5033.7%10.0%36.1%28.8%35.6%3.1%-0.8%4.4M-22.4M-3.6M0.342.51N/AN/A49,43616,6521,474,770813,882
2022-06-02$10.48$11.5032.7%9.3%35.9%24.4%35.5%2.8%-0.7%8.3M-122.3M-3.7M0.422.33N/AN/A55,43223,5081,488,358815,116
2022-06-03$10.34$11.5033.3%9.3%35.1%27.1%32.5%3.0%-0.6%5.8M-63.7M-3.6M0.662.48N/AN/A47,31031,1361,490,876820,958
2022-06-06$10.24$11.5032.2%9.4%35.1%22.0%31.9%3.0%0.7%4.1M-18.7M-3.5M0.882.47N/AN/A28,49825,0461,479,554822,014
2022-06-07$20.71$23.0032.0%9.2%253.0%21.3%33.1%2.6%0.4%5.4M-55.7M-3.5M0.181.98N/AN/A61,82410,970743,772415,664
2022-06-08$20.77$22.0031.4%9.1%252.7%18.4%32.5%2.1%0.4%7.7M-89.8M-3.6M0.432.44N/AN/A22,7969,788776,444419,831
2022-06-09$20.15$21.0033.2%9.6%253.5%26.3%34.5%2.6%0.2%3.4M19.4M-3.4M0.602.57N/AN/A38,00322,802783,081421,998
2022-06-10$21.03$21.0035.4%10.1%251.8%36.3%35.9%2.1%0.3%12.6M-148.3M-3.8M0.232.25N/AN/A92,19321,564796,250435,128
2022-06-13$20.16$21.0040.4%11.6%253.2%58.9%41.1%3.4%-0.3%5.1M-4.8M-3.6M0.333.13N/AN/A51,28317,030793,106435,405
2022-06-14$19.45$21.0041.1%11.8%254.2%61.8%41.4%2.4%-0.8%1.6M101.0M-3.4M0.572.45N/AN/A37,79721,368803,247439,630
2022-06-15$19.56$21.0038.8%11.1%254.1%51.5%41.9%2.2%0.2%2.6M85.1M-3.5M0.353.13N/AN/A56,30819,625813,098446,029
2022-06-16$20.04$21.0041.7%12.0%253.0%64.7%43.3%2.4%-1.0%6.2M-21.2M-3.8M0.252.90N/AN/A60,84114,932837,065448,758
2022-06-17$19.48$21.0039.7%11.4%254.0%55.7%40.9%2.0%-0.2%4.6M91.8M-3.6M0.382.21N/AN/A46,84917,793853,332456,753
2022-06-21$19.60$21.0036.9%10.4%253.9%43.1%37.0%2.7%0.3%3.4M7.1M-3.5M0.382.84N/AN/A31,22212,008672,130356,389
2022-06-22$19.49$21.0037.2%10.4%254.0%44.4%37.4%2.4%0.1%3.1M18.4M-3.5M0.352.97N/AN/A39,02013,716678,013358,996
2022-06-23$18.56$21.0039.1%11.2%255.6%53.2%39.8%3.3%-0.3%504.9K125.1M-3.2M0.543.06N/AN/A38,66420,873692,077368,416
2022-06-24$18.79$21.0037.4%10.5%255.4%45.5%37.5%2.9%-0.3%923.3K91.5M-3.3M0.492.32N/AN/A39,34919,214702,088371,782
2022-06-27$19.06$21.0036.6%10.4%254.6%41.8%36.5%2.6%0.7%1.5M67.7M-3.4M0.502.50N/AN/A33,19016,513688,605374,787
2022-06-28$18.58$21.0037.2%10.7%255.1%44.7%38.1%2.4%-0.5%800.3K105.8M-3.2M0.712.08N/AN/A25,61618,088699,408374,072
2022-06-29$18.43$20.0037.3%10.7%255.2%44.7%41.3%2.3%-0.7%-330.5K133.8M-3.1M0.682.39N/AN/A19,97013,646703,758379,433
2022-06-30$17.76$20.0038.1%11.0%255.9%48.6%40.0%2.1%-0.1%-1.2M200.2M-2.9M0.392.33N/AN/A42,61316,556707,730383,382