GOLD Options History — August 2022

In August 2022, GOLD traded between $14.86 and $16.85. ATM implied volatility averaged 38.0%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 5.3% (HV 20d: 32.7%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.40.

Notable Days

  • 2022-08-08: Highest Volume — 97,861 contracts
  • 2022-08-10: Largest IV drop — 7.6% change
  • 2022-08-03: Highest IV Rank — 77.4%
  • 2022-08-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.00$14.86$16.85$15.74$14.86
Max Pain$19.22$17.00$20.00$17.00$18.00
ATM IV38.0%34.5%44.5%43.1%39.0%
Expected Move10.8%9.9%12.7%12.4%11.2%
HV 20d32.7%28.4%37.5%32.7%34.2%
HV 60d149.6%149.3%150.0%150.0%149.7%
IV Rank48.1%32.5%77.4%71.1%52.5%
IV Percentile70.5%50.0%97.6%94.8%78.2%
Term Structure-0.4%-2.6%1.4%-1.9%-0.1%
VWIV38.4%35.0%44.8%43.4%40.4%
Skew 25d2.3%0.3%4.1%2.4%2.2%
Skew 10d4.7%1.0%30.8%5.0%3.9%
Call IV 25d37.6%33.4%43.0%42.6%38.9%
Put IV 25d39.8%35.5%46.3%45.0%41.1%
Bid-Ask Spread %1.981.352.881.871.66
Gamma HHI0.100.070.250.070.11
Net GEX1.3M-5.0M4.0M1.0M-408.2K
Net DEX194.9M114.6M277.9M210.5M263.8M
Net VEX-2.8M-3.0M-2.5M-2.8M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.180.860.490.86
Total Volume51,320.30420,00897,86148,90943,453
Total OI1,287,111.2171,203,3711,350,0691,203,3711,298,040

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$15.74$17.0043.1%12.4%32.7%71.1%43.4%2.4%-1.9%1.0M210.5M-2.8M0.491.87N/AN/A32,79616,113755,756447,615
2022-08-02$15.56$17.0043.6%12.7%30.0%73.1%44.8%2.9%-1.6%786.9K232.1M-2.7M0.331.99N/AN/A46,92215,704765,518450,981
2022-08-03$15.21$17.0044.5%12.7%30.4%77.4%44.3%4.1%-2.6%-41.3K268.9M-2.5M0.622.19N/AN/A47,78429,803776,939454,594
2022-08-04$15.77$20.0043.7%11.9%33.6%73.8%41.5%2.1%-1.8%2.5M200.4M-2.8M0.332.43N/AN/A62,82521,012792,247472,035
2022-08-05$15.52$20.0042.9%11.6%33.8%70.0%42.8%4.0%-1.9%-111.1K238.1M-2.8M0.851.97N/AN/A44,83737,969805,198480,156
2022-08-08$16.22$20.0040.2%11.3%37.5%58.2%39.9%2.1%-0.7%2.2M169.4M-3.0M0.452.34N/AN/A67,44330,418792,469493,728
2022-08-09$16.38$20.0039.0%11.1%36.2%52.7%38.7%3.5%0.2%2.4M164.1M-3.0M0.641.85N/AN/A23,71515,120803,172505,698
2022-08-10$16.49$20.0036.1%10.5%36.3%39.3%36.7%3.4%0.8%3.3M148.5M-3.0M0.431.76N/AN/A38,99416,794809,684508,257
2022-08-11$16.38$20.0035.8%10.5%33.3%38.0%36.1%2.7%1.4%2.7M167.6M-2.9M0.181.74N/AN/A43,5137,677813,571517,607
2022-08-12$16.73$20.0034.6%10.0%33.3%32.9%35.6%2.5%-0.3%1.7M114.6M-3.0M0.351.95N/AN/A41,97614,575823,555521,442
2022-08-15$16.64$20.0034.7%10.0%33.0%33.1%35.3%2.2%0.5%1.7M151.9M-2.9M0.371.35N/AN/A21,9418,194809,083507,591
2022-08-16$16.85$20.0034.5%9.9%33.0%32.5%35.7%2.2%-0.1%2.3M126.2M-3.0M0.251.38N/AN/A23,2015,785813,582510,196
2022-08-17$16.47$20.0034.7%9.9%31.5%33.2%35.1%0.3%-0.1%2.1M178.0M-2.9M0.182.25N/AN/A49,5558,748817,531511,641
2022-08-18$16.41$20.0034.5%9.9%31.5%32.5%35.1%1.4%-0.5%2.6M161.9M-2.9M0.281.68N/AN/A15,6654,343826,818515,319
2022-08-19$16.06$20.0034.7%9.9%32.1%33.2%35.0%1.3%0.3%1.9M201.8M-2.8M0.361.69N/AN/A27,87010,030832,561517,508
2022-08-22$16.15$20.0035.7%10.2%29.9%37.9%35.9%2.5%0.1%650.3K202.4M-2.7M0.271.75N/AN/A31,6748,478747,121470,583
2022-08-23$16.22$19.0036.5%10.4%28.7%41.3%37.6%1.8%-0.2%2.1M166.1M-2.9M0.372.16N/AN/A29,41210,945764,941474,693
2022-08-24$16.34$19.0036.3%10.3%28.6%40.2%37.7%2.4%-0.3%2.5M169.8M-2.8M0.211.95N/AN/A30,0536,302774,227481,908
2022-08-25$16.30$19.0035.4%10.0%28.4%36.6%35.7%2.0%-0.0%4.0M159.9M-3.0M0.402.18N/AN/A20,9588,358785,823484,473
2022-08-26$15.48$19.0037.4%10.6%34.0%45.4%38.1%0.9%-0.3%-5.0M252.6M-2.7M0.292.10N/AN/A47,07313,833796,665489,649
2022-08-29$15.35$19.0038.1%10.8%34.1%48.7%38.6%1.0%0.2%-790.6K256.7M-2.6M0.402.88N/AN/A39,44715,929787,339488,438
2022-08-30$14.97$18.0038.9%11.1%35.0%52.0%39.8%2.0%0.3%-101.5K277.9M-2.6M0.302.33N/AN/A33,2569,874809,735497,871
2022-08-31$14.86$18.0039.0%11.2%34.2%52.5%40.4%2.2%-0.1%-408.2K263.8M-2.5M0.861.66N/AN/A23,33820,115818,845479,195