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 ±21.9% (79.29–123.69) · ATM IV 44.2% · P/C open interest 1.50
| 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 | |
| 49.30 | 52.65 | 90 | 0.99 | 0.0008 | 0.000 | 51 | 0 | 0.5600 | 6 | 60.5% | -0.01 | 0.0009 | -0.004 | |||
| 48.25 | 51.50 | 189 | 0.99 | 0.0008 | 0.000 | 52 | 0 | 0.2600 | 535 | 52.4% | -0.01 | 0.0010 | -0.004 | |||
| 48.00 | 50.50 | 264 | 50.5% | 0.99 | 0.0009 | 0.000 | 53 | 0 | 0.2700 | 2,011 | 51.3% | -0.01 | 0.0011 | -0.004 | ||
| 46.40 | 50.45 | 228 | 57.3% | 0.99 | 0.0010 | 0.000 | 54 | 0 | 0.4200 | 1,340 | 53.5% | -0.02 | 0.0012 | -0.004 | ||
| 45.30 | 49.45 | 265 | 53.3% | 0.99 | 0.0011 | 0.000 | 55 | 0.0300 | 0.2700 | 2,229 | 49.5% | -0.02 | 0.0013 | -0.005 | ||
| 44.35 | 47.60 | 79 | 0.98 | 0.0012 | 0.000 | 56 | 0.0800 | 0.3400 | 119 | 50.7% | -0.02 | 0.0014 | -0.005 | |||
| 44.05 | 46.60 | 257 | 46.8% | 0.98 | 0.0014 | 0.000 | 57 | 0.0300 | 0.3200 | 1 | 3,831 | 48.0% | -0.02 | 0.0016 | -0.005 | |
| 42.40 | 45.70 | 66 | 0.98 | 0.0015 | 0.000 | 58 | 0.0400 | 0.3600 | 225 | 47.8% | -0.02 | 0.0017 | -0.006 | |||
| 42.20 | 44.70 | 112 | 48.8% | 0.98 | 0.0017 | 0.000 | 59 | 0.0400 | 0.3600 | 5 | 449 | 46.5% | -0.02 | 0.0019 | -0.006 | |
| 41.25 | 43.10 | 1,545 | 0.98 | 0.0018 | 0.000 | 60 | 0.1300 | 0.4000 | 5 | 6,229 | 47.4% | -0.03 | 0.0020 | -0.007 | ||
| 40.25 | 42.25 | 39 | 0.97 | 0.0020 | 0.000 | 61 | 0.2300 | 0.4700 | 70 | 48.4% | -0.03 | 0.0022 | -0.007 | |||
| 39.30 | 41.00 | 25 | 0.97 | 0.0022 | 0.000 | 62 | 0.2500 | 0.5300 | 276 | 48.1% | -0.03 | 0.0024 | -0.008 | |||
| 38.35 | 40.10 | 64 | 0.97 | 0.0024 | 0.000 | 63 | 0.2800 | 0.6700 | 63 | 215 | 48.6% | -0.04 | 0.0026 | -0.008 | ||
| 37.40 | 39.20 | 14 | 0.97 | 0.0027 | 0.000 | 64 | 0.4000 | 0.6500 | 705 | 48.3% | -0.04 | 0.0029 | -0.009 | |||
| 36.70 | 38.25 | 1,138 | 39.2% | 0.96 | 0.0029 | -0.001 | 65 | 0.5000 | 0.7800 | 54 | 9,060 | 48.9% | -0.04 | 0.0032 | -0.010 | |
| 35.65 | 37.30 | 42 | 37.6% | 0.96 | 0.0032 | -0.002 | 66 | 0.4900 | 0.7600 | 26 | 47.3% | -0.05 | 0.0034 | -0.010 | ||
| 34.70 | 36.40 | 155 | 38.6% | 0.95 | 0.0035 | -0.003 | 67 | 0.6200 | 0.8600 | 11 | 57 | 47.8% | -0.05 | 0.0037 | -0.011 | |
| 33.70 | 35.45 | 21 | 37.8% | 0.95 | 0.0038 | -0.004 | 68 | 0.6500 | 0.9400 | 166 | 47.2% | -0.06 | 0.0040 | -0.012 | ||
| 32.85 | 34.65 | 111 | 40.5% | 0.94 | 0.0041 | -0.005 | 69 | 0.7500 | 0.9700 | 228 | 46.7% | -0.06 | 0.0043 | -0.013 | ||
| 32.40 | 33.55 | 2 | 3,716 | 43.1% | 0.94 | 0.0044 | -0.006 | 70 | 0.8500 | 1.04 | 274 | 14.6K | 46.4% | -0.07 | 0.0047 | -0.014 |
| 30.30 | 32.75 | 82 | 38.1% | 0.93 | 0.0048 | -0.007 | 71 | 0.8900 | 1.17 | 588 | 46.6% | -0.08 | 0.0050 | -0.015 | ||
| 30.55 | 31.85 | 940 | 43.3% | 0.92 | 0.0052 | -0.008 | 72 | 0.8100 | 1.30 | 71 | 1,340 | 45.0% | -0.08 | 0.0054 | -0.015 | |
| 29.40 | 31.45 | 1,018 | 44.5% | 0.92 | 0.0055 | -0.009 | 73 | 1.21 | 1.41 | 1,484 | 46.2% | -0.09 | 0.0057 | -0.017 | ||
| 28.55 | 30.10 | 891 | 41.8% | 0.91 | 0.0059 | -0.011 | 74 | 1.29 | 1.65 | 117 | 45.9% | -0.10 | 0.0061 | -0.018 | ||
| 28.05 | 29.25 | 14 | 3,127 | 43.9% | 0.90 | 0.0063 | -0.012 | 75 | 1.46 | 1.68 | 4 | 18.8K | 45.8% | -0.10 | 0.0065 | -0.019 |
| 26.85 | 28.40 | 16 | 317 | 42.1% | 0.89 | 0.0067 | -0.013 | 76 | 1.57 | 1.84 | 3,178 | 45.6% | -0.11 | 0.0069 | -0.020 | |
| 25.65 | 27.85 | 1 | 480 | 41.8% | 0.89 | 0.0071 | -0.014 | 77 | 1.75 | 2.00 | 22 | 355 | 45.5% | -0.12 | 0.0073 | -0.021 |
| 25.20 | 27.25 | 607 | 44.4% | 0.88 | 0.0075 | -0.016 | 78 | 1.93 | 2.18 | 350 | 838 | 45.4% | -0.13 | 0.0077 | -0.022 | |
| 24.40 | 26.00 | 185 | 42.6% | 0.87 | 0.0079 | -0.017 | 79 | 2.11 | 2.37 | 1,307 | 45.3% | -0.14 | 0.0081 | -0.023 | ||
| 24.15 | 25.10 | 86 | 5,859 | 44.3% | 0.86 | 0.0083 | -0.018 | 80 | 2.33 | 2.55 | 822 | 14.3K | 45.2% | -0.15 | 0.0085 | -0.024 |
| 22.80 | 24.40 | 1 | 271 | 42.5% | 0.85 | 0.0087 | -0.019 | 81 | 2.48 | 2.80 | 252 | 45.0% | -0.16 | 0.0089 | -0.025 | |
| 21.75 | 23.65 | 113 | 41.7% | 0.83 | 0.0091 | -0.021 | 82 | 2.73 | 3.05 | 1,379 | 45.1% | -0.17 | 0.0093 | -0.026 | ||
| 21.30 | 22.90 | 1,216 | 42.8% | 0.82 | 0.0096 | -0.022 | 83 | 3.00 | 3.30 | 345 | 3,548 | 45.2% | -0.18 | 0.0097 | -0.027 | |
| 21.25 | 22.15 | 453 | 44.9% | 0.81 | 0.0100 | -0.023 | 84 | 3.25 | 4.05 | 1,079 | 46.5% | -0.20 | 0.0101 | -0.028 | ||
| 20.60 | 21.40 | 8 | 4,514 | 45.0% | 0.80 | 0.0103 | -0.024 | 85 | 3.40 | 5.45 | 8 | 10.9K | 46.6% | -0.21 | 0.0104 | -0.029 |
| 19.55 | 21.15 | 1 | 146 | 45.2% | 0.79 | 0.0107 | -0.025 | 86 | 3.80 | 5.30 | 1 | 185 | 44.9% | -0.22 | 0.0108 | -0.029 |
| 18.85 | 19.95 | 2 | 438 | 43.8% | 0.78 | 0.0111 | -0.027 | 87 | 3.95 | 4.55 | 44 | 44.8% | -0.23 | 0.0112 | -0.030 | |
| 17.75 | 19.70 | 9 | 331 | 43.8% | 0.76 | 0.0114 | -0.028 | 88 | 3.95 | 5.80 | 5 | 91 | 43.8% | -0.25 | 0.0115 | -0.031 |
| 17.90 | 18.65 | 302 | 44.9% | 0.75 | 0.0118 | -0.029 | 89 | 4.60 | 5.15 | 35 | 44.6% | -0.26 | 0.0119 | -0.032 | ||
| 17.60 | 18.05 | 49 | 6,549 | 45.8% | 0.74 | 0.0121 | -0.030 | 90 | 5.05 | 6.00 | 81 | 29.3K | 46.1% | -0.27 | 0.0122 | -0.033 |
| 16.55 | 17.45 | 176 | 44.8% | 0.72 | 0.0124 | -0.031 | 91 | 4.75 | 6.50 | 1 | 2,391 | 44.7% | -0.29 | 0.0125 | -0.034 | |
| 16.05 | 16.75 | 415 | 44.8% | 0.71 | 0.0127 | -0.032 | 92 | 5.75 | 6.90 | 304 | 44.6% | -0.30 | 0.0128 | -0.034 | ||
| 15.20 | 16.30 | 10 | 674 | 44.6% | 0.69 | 0.0130 | -0.033 | 93 | 6.05 | 8.00 | 1 | 79 | 44.3% | -0.31 | 0.0130 | -0.035 |
| 14.60 | 15.60 | 43 | 161 | 44.2% | 0.68 | 0.0132 | -0.033 | 94 | 6.20 | 7.75 | 2,033 | 43.8% | -0.33 | 0.0133 | -0.035 | |
| 14.35 | 15.05 | 162 | 3,450 | 45.0% | 0.67 | 0.0135 | -0.034 | 95 | 6.10 | 9.25 | 1 | 3,169 | 45.5% | -0.34 | 0.0135 | -0.036 |
| 13.80 | 14.40 | 259 | 44.7% | 0.65 | 0.0137 | -0.035 | 96 | 7.05 | 7.90 | 122 | 43.7% | -0.36 | 0.0137 | -0.036 | ||
| 12.95 | 13.95 | 8 | 140 | 44.2% | 0.64 | 0.0139 | -0.036 | 97 | 7.50 | 8.35 | 1,491 | 43.7% | -0.37 | 0.0139 | -0.037 | |
| 12.65 | 13.35 | 6 | 697 | 44.5% | 0.62 | 0.0140 | -0.036 | 98 | 8.20 | 10.75 | 52 | 1,703 | 47.9% | -0.38 | 0.0141 | -0.037 |
| 10.55 | 12.70 | 14 | 173 | 40.8% | 0.61 | 0.0142 | -0.037 | 99 | 7.80 | 11.20 | 56 | 849 | 48.5% | -0.40 | 0.0142 | -0.038 |
| 12.00 | 12.40 | 169 | 16.1K | 45.3% | 0.59 | 0.0143 | -0.037 | 100 | 9.00 | 11.65 | 24 | 9,418 | 47.3% | -0.41 | 0.0144 | -0.038 |
| 11.00 | 11.95 | 8 | 246 | 44.2% | 0.58 | 0.0144 | -0.038 | 101 | 9.70 | 11.75 | 10 | 94 | 44.2% | -0.43 | 0.0144 | -0.038 |
| 10.60 | 11.55 | 2 | 164 | 44.5% | 0.56 | 0.0145 | -0.038 | 102 | 9.80 | 12.30 | 98 | 44.7% | -0.44 | 0.0145 | -0.038 | |
| 10.55 | 11.00 | 207 | 45.0% | 0.55 | 0.0145 | -0.038 | 103 | 10.60 | 11.50 | 5 | 143 | 43.9% | -0.46 | 0.0146 | -0.038 | |
| 10.15 | 10.55 | 291 | 45.1% | 0.54 | 0.0146 | -0.039 | 104 | 11.60 | 12.75 | 303 | 44.8% | -0.47 | 0.0146 | -0.038 | ||
| 9.85 | 10.20 | 329 | 3,656 | 45.4% | 0.52 | 0.0146 | -0.039 | 105 | 11.50 | 14.40 | 1,412 | 45.6% | -0.48 | 0.0147 | -0.038 | |
| 9.35 | 9.75 | 357 | 45.1% | 0.51 | 0.0146 | -0.039 | 106 | 12.30 | 14.65 | 3 | 3 | 43.9% | -0.50 | 0.0147 | -0.038 | |
| 9.00 | 9.35 | 2 | 144 | 45.2% | 0.49 | 0.0146 | -0.039 | 107 | 13.00 | 14.60 | 4 | 44.2% | -0.51 | 0.0147 | -0.038 | |
| 8.45 | 9.00 | 52 | 197 | 44.9% | 0.48 | 0.0146 | -0.039 | 108 | 13.60 | 15.65 | 6 | 44.3% | -0.53 | 0.0146 | -0.038 | |
| 7.85 | 8.60 | 480 | 44.3% | 0.47 | 0.0145 | -0.039 | 109 | 14.35 | 15.60 | 14 | 44.4% | -0.54 | 0.0146 | -0.038 | ||
| 7.45 | 8.20 | 1,828 | 30.1K | 45.0% | 0.45 | 0.0144 | -0.039 | 110 | 15.15 | 17.60 | 795 | 48.2% | -0.55 | 0.0145 | -0.038 | |
| 7.25 | 7.95 | 328 | 44.5% | 0.44 | 0.0144 | -0.039 | 111 | 15.80 | 16.50 | 312 | 44.8% | -0.57 | 0.0145 | -0.037 | ||
| 6.95 | 7.65 | 40 | 370 | 44.6% | 0.43 | 0.0142 | -0.039 | 112 | 16.40 | 17.25 | 1 | 44.8% | -0.58 | 0.0144 | -0.037 | |
| 6.70 | 7.35 | 104 | 44.8% | 0.42 | 0.0141 | -0.039 | 113 | 17.05 | 18.60 | 12 | 44.7% | -0.59 | 0.0143 | -0.037 | ||
| 6.30 | 7.05 | 1 | 97 | 44.6% | 0.40 | 0.0140 | -0.039 | 114 | 17.75 | 20.00 | 16 | 44.7% | -0.60 | 0.0142 | -0.037 | |
| 6.45 | 6.70 | 659 | 3,021 | 45.4% | 0.39 | 0.0139 | -0.038 | 115 | 18.60 | 19.80 | 36 | 581 | 46.1% | -0.62 | 0.0141 | -0.036 |
| 5.75 | 6.50 | 2 | 4 | 44.7% | 0.38 | 0.0137 | -0.038 | 116 | 19.25 | 20.05 | 45.0% | -0.63 | 0.0140 | -0.036 | ||
| 5.80 | 6.25 | 13 | 45.4% | 0.37 | 0.0136 | -0.038 | 117 | 20.05 | 21.50 | 45.2% | -0.64 | 0.0138 | -0.035 | |||
| 3.70 | 6.70 | 36 | 44.9% | 0.36 | 0.0134 | -0.038 | 118 | 20.10 | 23.25 | 47.4% | -0.65 | 0.0137 | -0.035 | |||
| 5.10 | 5.90 | 14 | 45.3% | 0.35 | 0.0132 | -0.037 | 119 | 21.65 | 23.25 | 46.1% | -0.66 | 0.0136 | -0.034 | |||
| 5.25 | 5.55 | 185 | 4,094 | 46.0% | 0.34 | 0.0130 | -0.037 | 120 | 22.35 | 23.35 | 207 | 46.1% | -0.67 | 0.0134 | -0.034 | |
| 5.00 | 5.45 | 1 | 1,058 | 46.2% | 0.33 | 0.0129 | -0.036 | 121 | 23.05 | 24.85 | 10 | 46.1% | -0.68 | 0.0132 | -0.034 | |
| 4.40 | 5.30 | 9 | 45.5% | 0.32 | 0.0127 | -0.036 | 122 | 23.85 | 24.90 | 46.1% | -0.69 | 0.0131 | -0.033 | |||
| 3.40 | 5.00 | 10 | 44.9% | 0.31 | 0.0125 | -0.036 | 123 | 23.05 | 27.15 | 45.7% | -0.70 | 0.0129 | -0.032 | |||
| 4.05 | 4.90 | 1 | 45.8% | 0.30 | 0.0123 | -0.035 | 124 | 24.75 | 27.30 | 44.8% | -0.71 | 0.0128 | -0.032 | |||
| 4.25 | 4.55 | 34 | 1,617 | 46.4% | 0.29 | 0.0121 | -0.035 | 125 | 26.30 | 28.70 | 36 | 3 | 46.4% | -0.72 | 0.0126 | -0.031 |
| 3.30 | 3.75 | 74 | 3,244 | 46.4% | 0.24 | 0.0110 | -0.032 | 130 | 30.50 | 31.60 | 24 | 47.2% | -0.77 | 0.0118 | -0.029 | |
| 2.78 | 3.10 | 411 | 47.2% | 0.21 | 0.0099 | -0.030 | 135 | 34.90 | 35.85 | 47.6% | -0.81 | 0.0109 | -0.026 | |||
| 2.32 | 2.64 | 76 | 5,712 | 48.1% | 0.18 | 0.0089 | -0.027 | 140 | 38.65 | 40.35 | 8 | 45.5% | -0.84 | 0.0101 | -0.023 | |
| 1.89 | 2.29 | 282 | 48.9% | 0.15 | 0.0079 | -0.025 | 145 | 44.05 | 44.90 | 5 | 48.8% | -0.88 | 0.0093 | -0.020 | ||
| 1.59 | 1.76 | 122 | 13.5K | 48.9% | 0.13 | 0.0070 | -0.023 | 150 | 48.75 | 49.60 | 18 | 49.5% | -0.90 | 0.0086 | -0.017 | |
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 — Jan 15, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.