IEF Options History — June 2025

In June 2025, IEF traded between $93.50 and $95.77. ATM implied volatility averaged 7.4%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 0.6% (HV 20d: 6.9%). Max pain ranged from $94.00 to $95.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2025-06-20: Highest Volume — 37,044 contracts
  • 2025-06-13: Largest IV spike — 6.8% change
  • 2025-06-02: Highest IV Rank — 33.8%
  • 2025-06-02: Largest Expected Move — 2.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.53$93.50$95.77$93.88$95.77
Max Pain$94.17$94.00$95.00$95.00$94.50
ATM IV7.4%7.1%7.9%7.9%7.7%
Expected Move2.1%2.0%2.2%2.2%2.1%
HV 20d6.9%6.4%7.3%6.6%6.5%
HV 60d7.6%7.4%7.7%7.5%7.5%
IV Rank23.7%16.3%33.8%33.8%29.2%
IV Percentile38.9%17.9%67.9%67.9%55.2%
Term Structure0.1%-0.4%0.5%-0.1%-0.4%
VWIV7.6%7.1%8.2%7.7%7.7%
Skew 25d-0.2%-0.8%0.5%0.5%-0.3%
Skew 10d-0.4%-1.4%1.0%0.6%-0.8%
Call IV 25d7.6%7.2%8.1%7.9%8.1%
Put IV 25d7.4%6.7%8.4%8.4%7.9%
Bid-Ask Spread %27.6615.6437.7136.6531.15
Gamma HHI0.180.140.300.150.23
Net GEX164.6M17.4M321.1M102.4M213.2M
Net DEX-399.5M-640.7M-102.2M-292.5M-613.8M
Net VEX-3.9M-4.5M-3.5M-4.2M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.165.570.400.19
Total Volume13,543.71,88337,0443,39022,028
Total OI559,929.85448,755648,564564,267448,755

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$93.88$95.007.9%2.2%6.6%33.8%7.7%0.5%-0.1%102.4M-292.5M-4.2M0.4036.652,418972424,255140,012
2025-06-03$93.84$95.007.8%2.1%6.6%31.7%7.5%0.4%-0.1%92.0M-260.0M-4.0M0.2737.713,7081,007424,500139,932
2025-06-04$94.55$95.007.8%2.1%7.1%31.7%7.5%0.2%-0.1%168.4M-503.6M-4.5M0.6433.616,3874,067425,525139,907
2025-06-05$94.25$94.007.6%2.2%7.1%27.4%7.8%0.4%-0.1%132.9M-364.5M-4.1M1.6930.773,7996,430431,028143,009
2025-06-06$93.50$94.007.4%2.2%7.3%23.2%7.7%0.5%-0.0%17.4M-102.2M-3.6M0.2125.5828,9465,985433,612148,936
2025-06-09$93.69$94.007.5%2.2%7.3%25.6%7.9%0.3%0.1%71.2M-163.7M-3.8M0.1619.606,6151,077457,267150,217
2025-06-10$93.81$94.007.3%2.1%7.0%20.5%7.6%0.3%0.1%77.7M-171.7M-3.7M0.4224.0216,0626,760458,493151,202
2025-06-11$94.25$94.007.1%2.0%7.2%16.3%7.5%-0.1%0.0%168.6M-350.2M-4.1M0.7520.795,3824,031470,038153,542
2025-06-12$94.63$94.007.2%2.1%7.2%18.0%7.3%-0.3%0.1%213.6M-501.1M-4.3M5.5726.911,4908,292471,850156,994
2025-06-13$94.28$94.007.6%2.2%7.0%27.9%7.8%-0.2%-0.1%165.2M-370.7M-4.0M0.9123.891,6801,534472,080151,843
2025-06-16$94.03$94.007.3%2.1%7.0%21.4%7.4%-0.3%-0.1%144.8M-244.5M-3.5M0.1915.6422,3644,244472,130145,077
2025-06-17$94.47$94.007.6%2.2%7.2%27.3%7.8%-0.4%-0.1%200.8M-419.7M-3.8M0.1724.4316,0822,709473,101147,952
2025-06-18$94.48$94.007.5%2.1%7.2%24.4%8.1%-0.5%-0.0%236.1M-419.6M-3.7M1.1024.747,8808,681486,399149,978
2025-06-20$94.60$94.007.2%2.1%6.6%20.0%7.5%-0.8%-0.0%321.1M-399.3M-3.7M0.2429.2129,7977,247492,020156,544
2025-06-23$94.94$94.007.3%2.1%6.6%21.7%8.2%-0.8%0.5%178.7M-496.7M-3.9M0.4628.437,7953,569368,39687,302
2025-06-24$95.27$94.007.2%2.1%6.6%19.7%7.3%-0.8%0.5%198.8M-555.5M-3.9M0.4733.005,2362,486365,15489,727
2025-06-25$95.32$94.007.1%2.1%6.5%17.1%7.2%-0.7%0.5%188.2M-566.7M-4.1M0.4930.731,263620364,71991,801
2025-06-26$95.59$94.007.1%2.0%6.4%17.9%7.1%-0.7%0.5%210.0M-640.7M-4.0M0.4733.601,937913364,92292,386
2025-06-27$95.41$94.007.2%2.0%6.4%19.3%7.2%-0.7%0.5%191.8M-554.3M-3.6M0.6322.695,7383,643364,91593,077
2025-06-30$95.77$94.507.7%2.1%6.5%29.2%7.7%-0.3%-0.4%213.2M-613.8M-3.8M0.1931.1518,4353,593360,71388,042