GDX option chain VanEck Gold Miners ETF
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±19.3% (78.81–116.45) · ATM IV 44.6% · P/C open interest 1.30
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 47.90 | 50.40 | 179 | 0.99 | 0.0007 | 0.000 | 49 | 0 | 0.3300 | 17 | 63.0% | -0.01 | 0.0007 | -0.003 | |||
| 46.90 | 49.45 | 381 | 0.99 | 0.0008 | 0.000 | 50 | 0.0500 | 0.2300 | 998 | 59.9% | -0.01 | 0.0008 | -0.003 | |||
| 45.90 | 48.45 | 187 | 0.99 | 0.0009 | 0.000 | 51 | 0.0200 | 0.3300 | 137 | 60.3% | -0.01 | 0.0009 | -0.003 | |||
| 44.95 | 47.50 | 459 | 0.99 | 0.0010 | 0.000 | 52 | 0.0300 | 0.2200 | 158 | 55.8% | -0.01 | 0.0010 | -0.004 | |||
| 43.35 | 46.70 | 85 | 0.99 | 0.0010 | 0.000 | 53 | 0.0300 | 0.2300 | 34 | 54.6% | -0.01 | 0.0011 | -0.004 | |||
| 42.60 | 45.35 | 99 | 0.99 | 0.0012 | 0.000 | 54 | 0.0500 | 0.2400 | 129 | 54.0% | -0.01 | 0.0012 | -0.004 | |||
| 41.50 | 45.15 | 1,033 | 0.99 | 0.0013 | 0.000 | 55 | 0.0800 | 0.1800 | 1 | 235 | 51.7% | -0.01 | 0.0013 | -0.004 | ||
| 40.45 | 43.40 | 52 | 0.98 | 0.0014 | 0.000 | 56 | 0.0900 | 0.3300 | 73 | 54.1% | -0.02 | 0.0014 | -0.005 | |||
| 39.45 | 42.45 | 17 | 0.98 | 0.0016 | 0.000 | 57 | 0.1000 | 0.4300 | 202 | 54.8% | -0.02 | 0.0016 | -0.005 | |||
| 38.50 | 41.50 | 204 | 0.98 | 0.0017 | 0.000 | 58 | 0.1200 | 0.4600 | 203 | 54.1% | -0.02 | 0.0018 | -0.006 | |||
| 37.50 | 40.85 | 60 | 0.98 | 0.0019 | 0.000 | 59 | 0.1400 | 0.3200 | 81 | 50.5% | -0.02 | 0.0019 | -0.006 | |||
| 37.45 | 39.25 | 5,689 | 0.98 | 0.0021 | 0.000 | 60 | 0.2000 | 0.4000 | 256 | 5,784 | 51.4% | -0.02 | 0.0022 | -0.007 | ||
| 36.35 | 38.55 | 0.97 | 0.0024 | 0.000 | 61 | 0.2100 | 0.5300 | 23 | 51.9% | -0.03 | 0.0024 | -0.007 | ||||
| 35.40 | 37.65 | 11 | 36.4% | 0.97 | 0.0026 | 0.000 | 62 | 0.2100 | 0.5600 | 94 | 50.8% | -0.03 | 0.0026 | -0.008 | ||
| 34.45 | 36.70 | 12 | 38.2% | 0.97 | 0.0029 | 0.000 | 63 | 0.2800 | 0.4400 | 33 | 48.7% | -0.03 | 0.0029 | -0.009 | ||
| 33.20 | 35.75 | 10 | 0.96 | 0.0032 | 0.000 | 64 | 0.1700 | 0.5400 | 292 | 47.1% | -0.04 | 0.0032 | -0.009 | |||
| 32.50 | 34.15 | 1,241 | 0.96 | 0.0035 | 0.000 | 65 | 0.4200 | 0.6100 | 5 | 4,021 | 49.2% | -0.04 | 0.0035 | -0.010 | ||
| 31.60 | 33.90 | 60 | 40.4% | 0.95 | 0.0038 | 0.000 | 66 | 0.2900 | 0.6900 | 158 | 47.2% | -0.05 | 0.0038 | -0.011 | ||
| 30.80 | 33.00 | 48 | 42.8% | 0.95 | 0.0042 | -0.001 | 67 | 0.4900 | 0.7700 | 46.1K | 48.4% | -0.05 | 0.0042 | -0.012 | ||
| 29.85 | 32.10 | 6 | 42.8% | 0.94 | 0.0045 | -0.002 | 68 | 0.4300 | 0.7700 | 1,730 | 46.4% | -0.06 | 0.0046 | -0.013 | ||
| 29.45 | 30.85 | 574 | 44.5% | 0.94 | 0.0049 | -0.004 | 69 | 0.6800 | 0.9000 | 3 | 2,862 | 47.9% | -0.06 | 0.0050 | -0.014 | |
| 28.50 | 29.60 | 1,511 | 41.0% | 0.93 | 0.0053 | -0.005 | 70 | 0.7800 | 0.9900 | 3 | 13.2K | 47.7% | -0.07 | 0.0054 | -0.015 | |
| 27.35 | 29.15 | 171 | 42.8% | 0.92 | 0.0058 | -0.007 | 71 | 0.9000 | 1.05 | 945 | 47.4% | -0.08 | 0.0058 | -0.016 | ||
| 26.65 | 27.90 | 30 | 41.5% | 0.92 | 0.0062 | -0.008 | 72 | 0.8100 | 1.17 | 452 | 46.0% | -0.09 | 0.0063 | -0.018 | ||
| 25.65 | 27.00 | 91 | 40.6% | 0.91 | 0.0067 | -0.010 | 73 | 0.9100 | 1.30 | 665 | 45.8% | -0.09 | 0.0068 | -0.019 | ||
| 24.85 | 26.30 | 50 | 42.3% | 0.90 | 0.0072 | -0.011 | 74 | 1.19 | 1.42 | 1,131 | 46.5% | -0.10 | 0.0073 | -0.020 | ||
| 24.00 | 25.45 | 2,759 | 42.4% | 0.89 | 0.0076 | -0.013 | 75 | 1.34 | 1.63 | 1 | 53.7K | 46.7% | -0.11 | 0.0078 | -0.021 | |
| 23.00 | 24.40 | 315 | 40.4% | 0.88 | 0.0081 | -0.014 | 76 | 1.49 | 1.79 | 4,961 | 46.5% | -0.12 | 0.0083 | -0.022 | ||
| 22.35 | 23.60 | 75 | 41.6% | 0.87 | 0.0086 | -0.016 | 77 | 1.63 | 1.97 | 305 | 46.3% | -0.13 | 0.0088 | -0.024 | ||
| 21.40 | 22.85 | 44 | 41.4% | 0.86 | 0.0092 | -0.017 | 78 | 1.84 | 2.11 | 4,371 | 46.1% | -0.14 | 0.0093 | -0.025 | ||
| 20.70 | 22.25 | 95 | 42.8% | 0.85 | 0.0097 | -0.019 | 79 | 2.07 | 2.36 | 2 | 408 | 46.3% | -0.15 | 0.0098 | -0.026 | |
| 20.15 | 21.75 | 2 | 6,204 | 44.9% | 0.84 | 0.0102 | -0.021 | 80 | 2.22 | 2.56 | 151 | 5,601 | 46.0% | -0.17 | 0.0103 | -0.027 |
| 19.25 | 20.50 | 311 | 42.4% | 0.82 | 0.0107 | -0.022 | 81 | 2.29 | 2.77 | 255 | 45.3% | -0.18 | 0.0108 | -0.029 | ||
| 18.50 | 19.70 | 189 | 42.3% | 0.81 | 0.0112 | -0.024 | 82 | 2.70 | 3.05 | 440 | 45.9% | -0.19 | 0.0114 | -0.030 | ||
| 17.75 | 19.00 | 2 | 342 | 42.4% | 0.80 | 0.0117 | -0.025 | 83 | 2.82 | 3.20 | 12 | 2,617 | 45.0% | -0.20 | 0.0119 | -0.031 |
| 17.15 | 18.20 | 2 | 372 | 42.6% | 0.79 | 0.0122 | -0.026 | 84 | 3.25 | 3.50 | 295 | 45.5% | -0.22 | 0.0124 | -0.032 | |
| 16.45 | 17.80 | 11 | 3,225 | 43.6% | 0.77 | 0.0126 | -0.028 | 85 | 3.50 | 3.80 | 159 | 16.8K | 45.3% | -0.23 | 0.0129 | -0.033 |
| 15.85 | 17.05 | 4 | 206 | 43.6% | 0.76 | 0.0131 | -0.029 | 86 | 3.80 | 4.10 | 2 | 579 | 45.2% | -0.25 | 0.0133 | -0.034 |
| 15.10 | 16.45 | 5 | 369 | 43.6% | 0.74 | 0.0135 | -0.030 | 87 | 4.15 | 4.55 | 1,182 | 45.6% | -0.26 | 0.0138 | -0.035 | |
| 14.55 | 15.55 | 2 | 161 | 43.1% | 0.73 | 0.0139 | -0.032 | 88 | 4.50 | 4.90 | 71 | 45.6% | -0.28 | 0.0142 | -0.036 | |
| 13.95 | 14.95 | 303 | 43.3% | 0.71 | 0.0143 | -0.033 | 89 | 4.85 | 5.25 | 50 | 89 | 45.5% | -0.29 | 0.0146 | -0.037 | |
| 13.30 | 14.30 | 25 | 6,834 | 43.1% | 0.70 | 0.0147 | -0.034 | 90 | 5.25 | 5.55 | 4 | 4,916 | 45.3% | -0.31 | 0.0150 | -0.038 |
| 12.75 | 13.95 | 1 | 2,770 | 43.9% | 0.68 | 0.0150 | -0.035 | 91 | 5.50 | 6.05 | 50 | 5,917 | 45.1% | -0.33 | 0.0154 | -0.039 |
| 12.25 | 13.20 | 2,479 | 43.6% | 0.66 | 0.0153 | -0.036 | 92 | 5.80 | 6.40 | 1 | 344 | 44.6% | -0.34 | 0.0157 | -0.039 | |
| 11.75 | 12.60 | 152 | 43.7% | 0.65 | 0.0156 | -0.037 | 93 | 6.30 | 7.05 | 141 | 105 | 45.3% | -0.36 | 0.0160 | -0.040 | |
| 11.65 | 12.05 | 3 | 571 | 44.8% | 0.63 | 0.0158 | -0.038 | 94 | 6.95 | 7.35 | 312 | 45.4% | -0.38 | 0.0162 | -0.041 | |
| 11.20 | 11.50 | 24 | 14.2K | 44.9% | 0.61 | 0.0160 | -0.039 | 95 | 7.30 | 7.85 | 4 | 1,666 | 45.1% | -0.39 | 0.0165 | -0.041 |
| 10.70 | 11.10 | 2 | 688 | 45.1% | 0.60 | 0.0162 | -0.039 | 96 | 7.85 | 8.25 | 133 | 66 | 45.1% | -0.41 | 0.0167 | -0.042 |
| 9.90 | 10.55 | 12 | 319 | 44.2% | 0.58 | 0.0164 | -0.040 | 97 | 8.35 | 8.80 | 21 | 3,700 | 45.1% | -0.43 | 0.0169 | -0.042 |
| 9.30 | 10.05 | 20 | 53 | 43.8% | 0.57 | 0.0165 | -0.040 | 98 | 8.90 | 9.40 | 31 | 444 | 45.4% | -0.44 | 0.0170 | -0.042 |
| 8.85 | 9.70 | 6 | 147 | 44.1% | 0.55 | 0.0166 | -0.041 | 99 | 9.40 | 10.05 | 3 | 347 | 45.5% | -0.46 | 0.0171 | -0.042 |
| 8.80 | 9.20 | 504 | 27.4K | 45.5% | 0.53 | 0.0167 | -0.041 | 100 | 10.10 | 10.65 | 93 | 1,275 | 46.0% | -0.48 | 0.0172 | -0.042 |
| 8.40 | 8.75 | 4 | 417 | 44.9% | 0.52 | 0.0167 | -0.042 | 101 | 10.60 | 11.15 | 2 | 616 | 45.6% | -0.49 | 0.0173 | -0.042 |
| 7.95 | 8.35 | 8 | 386 | 44.8% | 0.50 | 0.0167 | -0.042 | 102 | 11.30 | 11.65 | 2 | 83 | 45.6% | -0.51 | 0.0173 | -0.042 |
| 7.30 | 8.05 | 3 | 1,176 | 44.4% | 0.49 | 0.0167 | -0.042 | 103 | 11.80 | 12.60 | 52 | 178 | 46.2% | -0.53 | 0.0173 | -0.042 |
| 7.10 | 7.65 | 123 | 44.7% | 0.47 | 0.0166 | -0.042 | 104 | 12.45 | 13.10 | 302 | 105 | 46.0% | -0.54 | 0.0173 | -0.042 | |
| 6.95 | 7.25 | 301 | 1,267 | 45.1% | 0.45 | 0.0165 | -0.042 | 105 | 13.00 | 13.75 | 2 | 791 | 45.8% | -0.56 | 0.0172 | -0.042 |
| 6.55 | 7.00 | 208 | 45.2% | 0.44 | 0.0164 | -0.042 | 106 | 13.50 | 14.75 | 26 | 37 | 46.3% | -0.57 | 0.0171 | -0.041 | |
| 5.90 | 6.65 | 10 | 684 | 44.4% | 0.42 | 0.0163 | -0.042 | 107 | 14.35 | 15.40 | 16 | 46.7% | -0.59 | 0.0170 | -0.041 | |
| 5.90 | 6.30 | 7 | 500 | 45.1% | 0.41 | 0.0162 | -0.042 | 108 | 15.00 | 15.80 | 50 | 759 | 45.9% | -0.60 | 0.0169 | -0.040 |
| 5.65 | 6.00 | 419 | 45.2% | 0.40 | 0.0160 | -0.041 | 109 | 15.70 | 16.90 | 13 | 17 | 46.9% | -0.62 | 0.0168 | -0.040 | |
| 5.25 | 5.80 | 149 | 26.9K | 45.2% | 0.38 | 0.0158 | -0.041 | 110 | 16.55 | 17.60 | 5 | 576 | 47.3% | -0.63 | 0.0166 | -0.039 |
| 5.10 | 5.55 | 54 | 45.6% | 0.37 | 0.0156 | -0.041 | 111 | 16.90 | 18.35 | 1 | 46.4% | -0.65 | 0.0164 | -0.039 | ||
| 4.80 | 5.25 | 144 | 45.5% | 0.36 | 0.0154 | -0.040 | 112 | 18.10 | 19.15 | 10 | 47.8% | -0.66 | 0.0162 | -0.038 | ||
| 4.45 | 5.05 | 29 | 45.4% | 0.34 | 0.0151 | -0.040 | 113 | 18.55 | 19.90 | 6 | 51 | 47.1% | -0.68 | 0.0160 | -0.037 | |
| 4.15 | 4.75 | 245 | 110 | 45.1% | 0.33 | 0.0149 | -0.039 | 114 | 19.65 | 20.85 | 5 | 48.5% | -0.69 | 0.0158 | -0.037 | |
| 4.30 | 4.50 | 329 | 6,437 | 46.1% | 0.32 | 0.0146 | -0.039 | 115 | 20.45 | 21.05 | 53 | 47.1% | -0.70 | 0.0156 | -0.036 | |
| 3.80 | 4.30 | 1 | 20 | 45.4% | 0.31 | 0.0144 | -0.038 | 116 | 21.15 | 22.30 | 48.2% | -0.71 | 0.0154 | -0.035 | ||
| 3.50 | 4.10 | 35 | 22 | 45.2% | 0.29 | 0.0141 | -0.038 | 117 | 21.25 | 23.10 | 46.3% | -0.73 | 0.0151 | -0.034 | ||
| 3.50 | 3.90 | 14 | 45.8% | 0.28 | 0.0138 | -0.037 | 118 | 22.85 | 24.05 | 49.1% | -0.74 | 0.0148 | -0.033 | |||
| 3.30 | 3.80 | 45 | 46.0% | 0.27 | 0.0135 | -0.037 | 119 | 23.60 | 24.75 | 48.6% | -0.75 | 0.0146 | -0.033 | |||
| 3.30 | 3.55 | 746 | 37.8K | 46.4% | 0.26 | 0.0132 | -0.036 | 120 | 24.45 | 25.35 | 18 | 534 | 48.1% | -0.76 | 0.0143 | -0.032 |
| 3.10 | 3.45 | 66 | 46.6% | 0.25 | 0.0130 | -0.035 | 121 | 24.80 | 26.65 | 48.1% | -0.77 | 0.0140 | -0.031 | |||
| 2.85 | 3.35 | 1 | 24 | 46.5% | 0.24 | 0.0127 | -0.035 | 122 | 25.90 | 27.35 | 48.6% | -0.78 | 0.0138 | -0.030 | ||
| 2.64 | 3.10 | 25 | 46.1% | 0.23 | 0.0124 | -0.034 | 123 | 27.05 | 28.30 | 50.0% | -0.79 | 0.0135 | -0.029 | |||
| 2.61 | 3.00 | 1,486 | 46.7% | 0.23 | 0.0121 | -0.034 | 124 | 27.90 | 29.10 | 49.9% | -0.80 | 0.0132 | -0.028 | |||
| 2.45 | 2.83 | 17 | 9,415 | 46.6% | 0.22 | 0.0118 | -0.033 | 125 | 28.75 | 30.15 | 132 | 50.5% | -0.81 | 0.0130 | -0.027 | |
| 1.94 | 2.25 | 15 | 4,874 | 47.2% | 0.18 | 0.0103 | -0.030 | 130 | 33.25 | 34.50 | 51.2% | -0.85 | 0.0116 | -0.022 | ||
| 1.48 | 1.85 | 920 | 47.9% | 0.15 | 0.0090 | -0.026 | 135 | 37.90 | 39.10 | 52.5% | -0.89 | 0.0103 | -0.018 | |||
| 1.19 | 1.45 | 7 | 4,005 | 48.5% | 0.12 | 0.0078 | -0.024 | 140 | 42.60 | 43.50 | 3 | 52.1% | -0.92 | 0.0090 | -0.013 | |
| 0.9400 | 1.16 | 260 | 49.1% | 0.10 | 0.0067 | -0.021 | 145 | 47.40 | 48.30 | 53.3% | -0.94 | 0.0083 | -0.008 | |||
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Dec 18, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.