GOLD Options History — October 2024

In October 2024, GOLD traded between $19.38 and $21.20. ATM implied volatility averaged 37.3%, placing in the 63.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 8.2% (HV 20d: 29.1%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.34.

Notable Days

  • 2024-10-24: Highest Volume — 85,456 contracts
  • 2024-10-30: Largest IV spike — 5.7% change
  • 2024-10-09: Highest IV Rank — 81.0%
  • 2024-10-31: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.14$19.38$21.20$20.30$19.38
Max Pain$19.35$19.00$20.00$20.00$20.00
ATM IV37.3%35.5%40.5%35.5%38.8%
Expected Move10.9%10.5%12.2%10.7%12.2%
HV 20d29.1%26.6%32.3%31.9%28.6%
HV 60d34.1%33.0%35.2%35.1%33.1%
IV Rank63.4%53.4%81.0%53.6%72.0%
IV Percentile95.6%90.1%99.2%94.4%98.8%
Term Structure-0.4%-1.8%2.8%1.5%-1.4%
VWIV38.7%37.1%42.7%37.9%42.7%
Skew 25d0.1%-0.9%2.1%-0.5%0.8%
Skew 10d3.9%-0.6%15.7%9.6%4.2%
Call IV 25d37.8%35.6%39.6%36.7%38.8%
Put IV 25d37.9%35.9%39.6%36.2%39.6%
Bid-Ask Spread %32.3921.4046.4746.4729.40
Gamma HHI0.200.180.380.180.19
Net GEX15.9M11.1M41.3M15.3M11.1M
Net DEX-572.4M-807.4M-403.1M-593.8M-403.1M
Net VEX-4.0M-4.2M-3.8M-4.1M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.100.730.370.30
Total Volume39,514.95719,54285,45637,80857,452
Total OI1,303,118.871,254,6861,344,3831,254,6861,338,989

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$20.30$20.0035.5%10.7%31.9%53.6%37.9%-0.5%1.5%15.3M-593.8M-4.1M0.3746.47N/AN/A27,67510,133785,132469,554
2024-10-02$20.20$20.0035.5%10.5%31.5%53.4%37.5%-0.8%1.7%15.4M-567.0M-4.2M0.1542.10N/AN/A18,5872,704795,556476,402
2024-10-03$19.81$19.0035.8%10.6%32.3%55.4%37.3%0.3%2.8%13.2M-479.9M-4.2M0.3833.04N/AN/A21,9008,228800,702477,744
2024-10-04$20.11$19.0036.8%10.6%31.4%60.5%37.4%-0.4%1.3%14.2M-558.4M-4.2M0.3528.85N/AN/A17,6006,124810,615481,297
2024-10-07$19.86$19.0038.0%10.7%31.6%67.4%37.7%0.4%-0.9%12.9M-496.1M-4.1M0.3633.96N/AN/A14,4125,130793,404478,967
2024-10-08$19.55$19.0038.3%10.7%31.8%69.1%37.9%0.2%-1.0%11.6M-435.8M-4.0M0.4938.60N/AN/A14,7657,208800,799482,808
2024-10-09$19.55$19.0040.5%10.7%31.7%81.0%37.7%-0.9%-1.7%12.0M-431.1M-4.1M0.3437.14N/AN/A16,7225,721804,843485,186
2024-10-10$20.05$19.0038.7%10.9%27.5%71.4%38.0%0.1%-1.1%15.3M-548.8M-4.1M0.1524.18N/AN/A34,3215,181811,162487,809
2024-10-11$19.95$19.0038.0%10.7%27.3%67.5%37.6%-0.5%-1.2%16.5M-538.4M-4.0M0.3737.34N/AN/A29,20210,663827,302489,596
2024-10-14$19.94$19.0038.2%10.8%27.0%68.6%38.3%0.4%-1.3%13.8M-540.3M-4.0M0.7329.63N/AN/A15,13411,040816,133485,491
2024-10-15$20.14$19.0038.0%10.8%27.3%67.5%38.4%-0.1%-1.2%15.5M-587.2M-4.0M0.4229.84N/AN/A17,0247,095820,411484,748
2024-10-16$20.02$19.0036.6%10.5%26.9%59.5%37.1%0.1%-1.0%14.2M-557.4M-3.9M0.4335.47N/AN/A36,82715,660826,989488,152
2024-10-17$20.34$19.0036.4%10.5%27.5%58.7%37.7%-0.1%-0.3%17.2M-648.0M-4.0M0.3624.02N/AN/A24,0388,774840,367499,022
2024-10-18$20.94$19.0037.3%10.8%29.2%63.2%38.4%-0.6%-1.2%41.3M-795.9M-3.9M0.2030.32N/AN/A66,05212,985842,297500,925
2024-10-21$20.88$19.0036.2%10.6%28.9%57.4%37.3%-0.2%-0.5%18.3M-746.9M-3.8M0.2534.07N/AN/A42,41110,411795,834472,880
2024-10-22$21.20$19.0036.2%10.6%28.3%57.3%37.5%-0.7%-0.3%19.2M-807.4M-3.8M0.3037.34N/AN/A44,28613,343797,610479,048
2024-10-23$20.73$19.0035.9%10.7%29.5%55.6%37.7%2.1%1.8%16.0M-691.9M-3.9M0.3726.40N/AN/A31,83611,798810,477489,410
2024-10-24$20.31$20.0037.0%11.1%29.6%62.0%39.2%0.4%-1.8%14.8M-596.5M-4.0M0.3135.38N/AN/A65,42820,028822,223494,267
2024-10-25$19.73$20.0037.6%11.5%28.3%65.0%40.5%1.2%0.0%11.5M-456.8M-3.9M0.6032.79N/AN/A35,33721,217842,366502,017
2024-10-28$19.93$20.0037.9%11.7%27.3%66.7%41.3%0.0%-0.7%14.1M-532.9M-3.9M0.3832.54N/AN/A19,2257,210827,304487,405
2024-10-29$20.27$20.0036.0%11.9%26.6%56.3%41.9%1.1%-0.1%16.9M-602.1M-4.0M0.1321.40N/AN/A21,3142,733833,935489,469
2024-10-30$20.05$20.0038.1%11.9%26.8%67.7%42.0%0.1%-1.6%15.3M-549.1M-3.9M0.1024.59N/AN/A30,7213,189834,875490,212
2024-10-31$19.38$20.0038.8%12.2%28.6%72.0%42.7%0.8%-1.4%11.1M-403.1M-3.8M0.3029.40N/AN/A44,21813,234847,957491,032