GDX Options Volume

144,325 GDX option contracts changed hands in the latest session, at a put/call volume ratio of 0.82. This page tracks how actively GDX options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$103.39
52-week range
$60.26 – $115.63
ATM IV (30d)
51.3%
IV rank
33 / 100
Low
Expected move
±$15.69 (±15.2%)
Put/call OI
1.34
Put-heavy
Max pain
$90
↓ 13.0% below close

Options Volume & Premium Flow

Total options volume144,325
Call volume79,225
Put volume65,100
Put/call volume ratio0.82
Listed contracts3,136
Call premium traded$53.09M
Put premium traded$13.36M
Premium put/call ratio0.25
Open interest rank (31 day)50 / 100
Skew rank (31 day)5 / 100

GDX Options Volume Trend

0142.8K285.6K428.5K571.3KFeb '26May '26Aug '26

GDX total options volume per session, past year.

0.000.480.961.441.93Feb '26May '26Aug '26

GDX put/call volume ratio, past year.

GDX Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
GDX $135 call Sep 18, 2026 $0.32 57.6% 2,179 6,875 68.4× avg
GDX $90 put Sep 18, 2026 $0.96 51.2% 32,059 5,244 23.3× avg
GDX $115 call Sep 18, 2026 $2.08 53.6% 19,144 4,898 17.4× avg
GDX $95 put Aug 28, 2026 $0.27 60.9% 3,215 4,776 5.0× avg
GDX $95 call Sep 18, 2026 $10.75 51.6% 14,431 4,306 61.7× avg
GDX $98 put Aug 28, 2026 $0.62 59.7% 459 4,202 4.4× avg
GDX $90 put Oct 16, 2026 $2.32 49.3% 1,943 4,018 30.4× avg
GDX $100 put Sep 18, 2026 $3.74 50.9% 8,518 3,307 19.3× avg
GDX $115 call Aug 28, 2026 $0.20 65.4% 261 3,265 6.9× avg

With a put/call volume ratio of 0.82, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $53.09M of call premium and $13.36M of put premium changed hands — the larger premium flow is on the call side. 9 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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GDX Options FAQ

How many GDX options traded today?

144,325 GDX option contracts traded as of Aug 24, 2026 — 79,225 calls and 65,100 puts.

Is there unusual options activity in GDX today?

Yes — 9 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.