GOLD Options History — June 2024

In June 2024, GOLD traded between $15.96 and $17.39. ATM implied volatility averaged 29.4%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 10.9% (HV 20d: 40.3%). Max pain ranged from $16.50 to $17.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-06-04: Highest Volume — 148,491 contracts
  • 2024-06-13: Largest IV drop — 11.1% change
  • 2024-06-12: Highest IV Rank — 57.5%
  • 2024-06-05: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.57$15.96$17.39$17.39$16.63
Max Pain$16.92$16.50$17.00$16.50$17.00
ATM IV29.4%27.1%31.6%29.8%27.9%
Expected Move8.6%8.1%9.1%8.9%8.1%
HV 20d40.3%24.8%44.6%24.8%42.7%
HV 60d34.9%30.4%36.4%30.4%35.0%
IV Rank42.0%25.8%57.5%44.8%31.3%
IV Percentile47.6%12.7%71.8%57.1%18.3%
Term Structure0.9%-0.8%5.1%-0.7%1.3%
VWIV30.6%29.2%33.2%30.9%29.2%
Skew 25d-0.2%-2.3%3.8%0.3%-1.1%
Skew 10d-1.5%-4.2%1.1%-0.1%-2.3%
Call IV 25d30.2%27.5%32.7%29.5%29.2%
Put IV 25d30.0%28.1%31.5%29.8%28.1%
Bid-Ask Spread %44.7025.3958.6138.0148.77
Gamma HHI0.160.140.210.170.16
Net GEX10.2M5.9M18.5M14.9M10.2M
Net DEX-234.2M-417.9M-107.2M-361.6M-251.5M
Net VEX-4.0M-4.1M-3.7M-3.9M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.190.860.380.36
Total Volume52,603.42116,941148,49146,93744,446
Total OI1,369,399.3161,177,8751,482,7391,297,6301,242,444

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$17.39$16.5029.8%8.9%24.8%44.8%30.9%0.3%-0.7%14.9M-361.6M-3.9M0.3838.01N/AN/A34,12112,816868,759428,871
2024-06-04$16.51$16.5029.7%8.9%31.1%43.9%31.9%0.7%0.5%8.1M-176.6M-3.7M0.5625.78N/AN/A95,13153,360886,000434,460
2024-06-05$16.69$16.5028.7%9.1%31.3%36.9%33.2%-0.9%0.4%11.5M-251.9M-3.9M0.2525.39N/AN/A39,9409,859936,440456,954
2024-06-06$17.36$17.0030.0%8.8%34.2%46.2%31.4%0.4%0.7%18.5M-417.9M-4.1M0.3052.12N/AN/A59,34117,638950,623462,914
2024-06-07$16.19$17.0029.4%8.6%41.7%42.3%30.6%-0.6%0.0%6.3M-130.7M-3.9M0.5758.61N/AN/A54,14530,629962,414473,353
2024-06-10$16.39$17.0027.1%8.7%42.1%25.8%30.9%0.2%1.1%8.2M-191.1M-4.0M0.4356.59N/AN/A27,74112,028949,838467,681
2024-06-11$16.11$17.0029.8%8.6%42.4%44.5%31.7%1.3%2.5%7.2M-134.5M-3.8M0.1952.64N/AN/A46,3128,620966,795474,048
2024-06-12$16.41$17.0031.6%8.3%42.8%57.5%29.7%3.8%5.1%9.8M-207.4M-4.0M0.2753.58N/AN/A25,0946,839964,721476,862
2024-06-13$16.05$17.0028.1%8.3%42.2%33.1%29.9%0.7%1.8%6.9M-135.9M-3.9M0.5057.97N/AN/A17,6198,778974,423478,941
2024-06-14$15.96$17.0028.9%8.4%42.1%38.3%30.6%2.2%3.7%5.9M-107.2M-3.8M0.8643.46N/AN/A32,51727,976980,611478,860
2024-06-17$16.13$17.0029.3%8.5%41.7%41.7%30.4%-1.3%0.2%7.0M-141.8M-3.8M0.3232.13N/AN/A33,18910,504967,172476,373
2024-06-18$16.48$17.0029.4%8.5%42.7%41.7%30.0%-0.5%-0.8%9.6M-223.6M-4.0M0.2647.33N/AN/A24,4396,421979,637478,235
2024-06-20$17.02$17.0030.7%8.8%44.6%51.0%31.0%-1.9%-0.4%16.6M-377.0M-4.1M0.2646.34N/AN/A74,63519,192993,000481,059
2024-06-21$16.55$17.0030.7%8.8%44.2%51.1%30.5%-1.0%-0.5%8.4M-240.4M-4.0M0.4143.60N/AN/A36,78315,156993,460489,279
2024-06-24$16.76$17.0029.6%8.5%44.2%43.5%30.7%-0.8%0.6%9.9M-265.3M-4.0M0.2034.21N/AN/A39,4447,818788,810389,065
2024-06-25$16.61$17.0029.4%8.4%44.3%42.0%29.5%-1.5%0.8%10.1M-247.5M-4.0M0.4244.69N/AN/A16,2706,837815,890393,692
2024-06-26$16.77$17.0029.3%8.5%43.6%41.5%30.0%-1.6%0.3%11.4M-277.7M-4.1M0.4137.94N/AN/A19,0057,881822,308398,595
2024-06-27$16.89$17.0029.1%8.4%42.5%40.1%29.5%-2.3%0.4%13.7M-310.0M-4.1M0.2850.06N/AN/A13,2593,682833,753402,247
2024-06-28$16.63$17.0027.9%8.1%42.7%31.3%29.2%-1.1%1.3%10.2M-251.5M-4.0M0.3648.77N/AN/A32,64111,805838,662403,782