GOVT Options History — April 2026

In April 2026, GOVT traded between $22.82 and $22.98. ATM implied volatility averaged 36.3%, placing in the 37.4% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 31.2% (HV 20d: 5.1%). Max pain ranged from $22.00 to $23.00. Net GEX was positive for 6 of 14 trading days. Term structure was in contango for 9 of 14 days. Put/call ratio averaged 2.13.

Notable Days

  • 2026-04-13: Highest Volume — 63 contracts
  • 2026-04-21: Largest IV spike — 5246.4% change
  • 2026-04-21: Highest IV Rank — 100.0%
  • 2026-04-21: Largest Expected Move — 42.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.90$22.82$22.98$22.82$22.91
Max Pain$22.07$22.00$23.00$23.00$22.00
ATM IV36.3%2.4%149.7%52.8%149.7%
Expected Move8.4%0.7%42.9%15.1%42.9%
HV 20d5.1%4.5%5.5%5.4%4.6%
HV 60d4.4%4.4%4.5%4.4%4.5%
IV Rank37.4%0.0%100.0%65.4%100.0%
IV Percentile54.2%0.0%100.0%98.0%100.0%
Term Structure16.0%-147.0%443.0%0.1%-147.0%
VWIV13.9%4.6%32.5%4.7%32.5%
Skew 25d2.1%-37.7%26.4%0.3%-37.7%
Skew 10d7.2%-28.7%39.1%-0.5%13.6%
Call IV 25d15.7%5.1%74.3%8.0%74.3%
Put IV 25d17.8%6.0%60.7%8.3%36.6%
Bid-Ask Spread %17.834.2282.0912.734.55
Gamma HHI0.460.360.630.610.44
Net GEX3.9K-34.6K42.2K29.8K35.7K
Net DEX-3.7K-496.4K122.6K-9.7K-37.1K
Net VEX-2.0K-4.7K-1.5K-2.6K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.130.0013.000.330.00
Total Volume11.21406320
Total OI1,238.4291,2071,3251,2071,224

Daily Data (14 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-04-01$22.82$23.0052.8%15.1%5.4%65.4%4.7%0.3%0.1%29.8K-9.7K-2.6K0.0012.7302856351
2026-04-02$22.88$22.0061.3%17.6%5.5%76.5%0.0%-14.7%0.1%18.0K38.0K-1.9K0.0016.4801856353
2026-04-06$22.84$22.004.4%1.3%5.5%1.9%0.0%0.5%-0.3%-17.5K122.6K-1.5K0.009.9700856353
2026-04-07$22.87$22.004.7%1.3%5.4%2.3%0.0%0.0%2.5%-20.9K106.2K-1.6K0.339.1731856353
2026-04-08$22.91$22.002.6%0.7%5.4%0.0%0.0%23.2%0.9%4.7K31.8K-1.8K0.0017.6510859354
2026-04-09$22.89$22.002.7%0.8%5.2%0.1%0.0%0.0%1.0%-96565.9K-1.7K0.0017.3410859354
2026-04-10$22.88$22.003.0%0.9%5.1%0.5%0.0%1.5%1.7%-4.8K77.5K-1.6K13.0031.09113860354
2026-04-13$22.91$22.002.4%0.7%5.1%0.0%0.0%1.2%0.5%-3.6K50.6K-1.7K0.4011.824518861358
2026-04-14$22.96$22.0046.6%13.4%5.0%57.6%0.0%1.6%-14.0%25.3K-496.4K-4.7K0.0082.09021894378
2026-04-15$22.93$22.0057.1%1.0%5.0%71.2%0.0%1.3%443.0%-15.3K24.5K-1.8K2.1411.65715894399
2026-04-16$22.89$22.0069.0%19.8%4.9%86.7%4.6%0.7%-64.2%-2.7K53.2K-1.7K3.334.22310897416
2026-04-17$22.98$22.0048.9%1.1%5.1%60.5%0.0%25.6%-0.9%-34.6K-2.6K-1.7K0.005.8990899426
2026-04-20$22.98$22.002.8%0.8%4.5%0.5%32.5%26.4%0.2%42.2K-76.9K-1.8K0.0014.9860894324
2026-04-21$22.91$22.00149.7%42.9%4.6%100.0%0.0%-37.7%-147.0%35.7K-37.1K-1.7K0.004.5500900324