SPDR Gold Shares (GLD) is trading 162.33 up .36 today.? GLD has been stuck in a range for the last month.
Paper sold 5,052 of the GLD Feb 157 puts for .15, hitting the bid at the time.? Average volume is 222,000 contracts per day.? Open interest is over 37,000 on the strike.? The implied volatility is down .2 in Feb.? The trade looks to be grabbing the last bit of premium in the Feb options either opening or closing.
30-day implied volatility is 11%.?? 10-day implied volatility is 8%.? 30-day implied volatility is trading just over the 10-day historical volatility.?
SPDR Gold Trust (GLD) is an investment trust. The Trust holds gold and issues shares (Shares) (in minimum blocks of 100,000 Shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with redemption of Baskets.