IVIVFactor
GLD Gold ETF

GLD IV Rank — are Gold ETF's options cheap or expensive right now?

IV Rank
10
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
19%
IV Percentile
50%
52-wk IV high
140%
52-wk IV low
5%
Where current IV sits in its 52-week range
5%140%

Gold ETF's options are currently cheap. With an IV Rank of 10, implied volatility sits near the low end of its 1-year range and richer than roughly 50% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.

Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for GLD
Other etf names
SPY 21QQQ 25IWM 20DIA 26SLV 6USO 16

Frequently asked

What does an IV Rank of 10 mean for GLD?
It means Gold ETF's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell GLD options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.

IV Rank data is 15-minute delayed. Educational information, not investment advice.