I'm LongbridgeAI, I can summarize articles.On October 30, Eastern Time, VanEck Gold Miners ETF options saw a total of 258747 contracts traded, with calls accounting for 65% and puts making up 34%.
VanEck Gold Miners ETF has 2406450 contracts outstanding, with calls accounting for 40% and puts making up 59%.
The top volume gainer was the 74 dollars Put option expiring on November 2, 2026, with 1028 contracts traded.
On the news front, GDX closed at 77.090 on Oct 30 with 35.76M volume. The drop triggered heavy hedging, with select puts surging 869%. Filtered references showed unrelated tech news, indicating sector rotation.
Please note: The chart below does not include options expiring within five days.
Top 5 Options by Volume Change
| Option | Close | Change | Volume |
|---|---|---|---|
| GDX 261106 81 Call | 0.6 | -73.91% | 22.88K |
| GDX 261106 78 Call | 1.67 | -62.21% | 20.23K |
| GDX 261106 82 Call | 0.38 | -77.51% | 15.58K |
| GDX 261106 79 Call | 1.02 | -69.27% | 15.22K |
| GDX 261106 72 Put | 0.63 | +65.78% | 6.52K |
Options Open Interest Change
| Option | Close | Change | Open Interest |
|---|---|---|---|
| GDX 261120 67 Put | 0.63 | +350% | 28.42K |
| GDX 261120 80 Put | 5.34 | +102.27% | 24.88K |
| GDX 261120 70 Put | 0.89 | +147.22% | 23.54K |
| GDX 261120 90 Put | 14 | +47.21% | 11.62K |
| GDX 261120 75 Put | 2.29 | +120.19% | 11.41K |
High Implied Volatility
| Option | Close | Volume | Open Interest | Implied Volatility |
|---|---|---|---|---|
| GDX 261106 50 Put | 0.03 | 4.50K | 0 | 127.0% |
| GDX 261106 105 Call | 0.03 | 50 | 454 | 89.8% |
| GDX 261120 98 Put | 21.92 | 23 | 2.17K | 89.7% |
| GDX 261102 83 Put | 6.57 | 11 | 54 | 87.1% |
| GDX 261106 85 Put | 8.87 | 39 | 874 | 81.2% |

