Vanguard Long-Term Bond ETF (BLV) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
Vanguard Long-Term Bond ETF (BLV) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $8.55B, listed on AMEX, carrying a beta of 2.08 to the broader market. This ETF is designed to mirror the performance of the Bloomberg U. public since 2007-04-10.
Snapshot as of Jun 30, 2026.
- Spot Price
- $69.06
- Call OI
- 382
- Put OI
- 119
- Total OI
- 501
As of Jun 30, 2026, Vanguard Long-Term Bond ETF (BLV) has 501 total contracts outstanding across all expirations. Put/call OI ratio is 0.31 (call-heavy positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How BLV open interest history Data Feeds Strategy Selection
Strategy selection on Vanguard Long-Term Bond ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 5.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the BLV open-interest data
The open-interest time-series above tracks the total Vanguard Long-Term Bond ETF options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Total call OI of 382 versus put OI of 119 gives a put/call OI ratio of 0.31 - structurally a slower-moving signal than the volume-based ratio.
BLV flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using BLV OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for BLV sits at 17 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for BLV options over the last ~41 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| Jun 30, 2026 | 382 | 119 | 501 | 0.31 |
| Jun 29, 2026 | 382 | 120 | 502 | 0.31 |
| Jun 26, 2026 | 378 | 120 | 498 | 0.32 |
| Jun 25, 2026 | 372 | 120 | 492 | 0.32 |
| Jun 24, 2026 | 366 | 120 | 486 | 0.33 |
| Jun 23, 2026 | 354 | 118 | 472 | 0.33 |
| Jun 22, 2026 | 350 | 119 | 469 | 0.34 |
| Jun 18, 2026 | 702 | 156 | 858 | 0.22 |
| Jun 17, 2026 | 672 | 156 | 828 | 0.23 |
| Jun 16, 2026 | 664 | 156 | 820 | 0.23 |
| Jun 15, 2026 | 657 | 156 | 813 | 0.24 |
| Jun 12, 2026 | 651 | 156 | 807 | 0.24 |
| Jun 11, 2026 | 648 | 157 | 805 | 0.24 |
| Jun 10, 2026 | 649 | 145 | 794 | 0.22 |
| Jun 9, 2026 | 648 | 156 | 804 | 0.24 |
Frequently asked BLV open interest history questions
- What is the current BLV options open interest?
- As of Jun 30, 2026, Vanguard Long-Term Bond ETF (BLV) has 501 total contracts outstanding across all listed expirations, split as 382 calls and 119 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the BLV put/call open interest ratio?
- Put/call OI ratio of 0.31 is call-heavy, often a directional bullish or upside-speculation signal.
- What does BLV open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.