🦞 GLD Options Analysis

Snapshot: 2026-07-27 14:01:00 · Generated: 2026-07-29 21:34 · 3021 calls, 2676 puts, 25 expiries
$371.9
Underlying
-25.0%
52-Week Drawdown
28.4%
HV (21d)
17.6%
ATM IV
-10.8pp
IV − HV Spread

Butterfly Price & Risk-Neutral Density

Volatility Smile by Expiry

IV Term Structure

Volatility Surface

Volatility Cone

Skew Term Structure

Open Interest Profile

IV/HV Timeline

Vol Regime Forward Returns

HV History with Regime Shading

Rolling Volatility Percentile

Forward Return Distribution by Regime

Density Heatmap Over Time

ATM IV by Expiry

Expiry Days To Expiry Atm Iv Call Iv Put Iv
0 2026-07-27 -3 17.58 25.44 9.72
1 2026-07-29 -1 24.85 28.60 21.09
2 2026-07-31 1 25.68 28.87 22.49
3 2026-08-03 4 22.51 25.12 19.90
4 2026-08-05 6 22.60 24.93 20.28
5 2026-08-07 8 23.81 26.49 21.13
6 2026-08-14 15 23.30 25.64 20.95
7 2026-08-21 22 22.95 25.33 20.57
8 2026-08-28 29 22.84 25.18 20.51
9 2026-09-04 36 22.94 25.41 20.46
10 2026-09-18 50 22.85 25.46 20.24
11 2026-09-30 62 22.73 25.49 19.97
12 2026-10-16 78 23.13 26.06 20.19
13 2026-11-20 113 23.47 26.79 20.16
14 2026-12-18 141 23.53 27.13 19.94
15 2026-12-31 154 23.30 27.03 19.57
16 2027-01-15 169 23.59 27.44 19.73
17 2027-03-19 232 23.55 27.96 19.13
18 2027-03-31 244 23.53 27.98 19.07
19 2027-06-17 322 24.87 29.65 20.08
20 2027-06-30 335 24.97 29.90 20.05
21 2027-09-17 414 25.05 30.52 19.57
22 2028-01-21 540 24.74 30.51 18.97
23 2028-06-16 687 25.64 32.49 18.79
24 2028-12-15 869 25.68 33.69 17.66

Skew Metrics

Atm Iv Put 90 Iv Put Skew 90 Call 110 Iv Call Skew 110 Risk Reversal
0 23.44 40.67 17.24 37.01 13.57 3.66

IV / HV Spread by Expiry

Expiry Days To Expiry Atm Iv Hv Spread
0 2026-07-27 -3 17.58 24.35 -6.77
1 2026-07-29 -1 24.85 24.35 0.49
2 2026-07-31 1 25.68 24.35 1.32
3 2026-08-03 4 22.51 24.35 -1.84
4 2026-08-05 6 22.60 24.35 -1.75
5 2026-08-07 8 23.81 24.35 -0.54
6 2026-08-14 15 23.30 24.35 -1.06
7 2026-08-21 22 22.95 24.35 -1.40
8 2026-08-28 29 22.84 24.35 -1.51
9 2026-09-04 36 22.94 24.35 -1.42
10 2026-09-18 50 22.85 24.35 -1.50
11 2026-09-30 62 22.73 24.35 -1.62
12 2026-10-16 78 23.13 24.35 -1.23
13 2026-11-20 113 23.47 24.35 -0.88
14 2026-12-18 141 23.53 24.35 -0.82
15 2026-12-31 154 23.30 24.35 -1.06
16 2027-01-15 169 23.59 24.35 -0.77
17 2027-03-19 232 23.55 24.35 -0.81
18 2027-03-31 244 23.53 24.35 -0.83
19 2027-06-17 322 24.87 24.35 0.51
20 2027-06-30 335 24.97 24.35 0.62
21 2027-09-17 414 25.05 24.35 0.69
22 2028-01-21 540 24.74 24.35 0.38
23 2028-06-16 687 25.64 24.35 1.29
24 2028-12-15 869 25.68 24.35 1.32