LQD Options History — April 2021

In April 2021, LQD traded between $129.94 and $132.00. ATM implied volatility averaged 6.8%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 0.6% (HV 20d: 6.2%). Max pain ranged from $133.00 to $140.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 7.03.

Notable Days

  • 2021-04-13: Highest Volume — 114,062 contracts
  • 2021-04-05: Largest IV spike — 19.8% change
  • 2021-04-19: Highest IV Rank — 20.9%
  • 2021-04-05: Largest Expected Move — 2.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.05$129.94$132.00$130.62$131.17
Max Pain$134.33$133.00$140.00$133.00$140.00
ATM IV6.8%5.7%8.2%6.9%6.2%
Expected Move2.0%1.7%2.3%1.7%1.8%
HV 20d6.2%5.2%7.3%7.1%5.8%
HV 60d7.6%7.4%7.7%7.6%7.7%
IV Rank13.4%2.1%20.9%6.5%9.2%
IV Percentile19.2%0.8%53.2%18.3%6.0%
Term Structure0.3%-0.3%1.2%0.1%0.4%
VWIV7.5%6.0%9.2%8.1%6.2%
Skew 25d1.7%-0.4%3.1%2.2%1.5%
Skew 10d2.9%-0.5%6.0%5.1%0.7%
Call IV 25d6.2%5.2%7.3%5.9%5.2%
Put IV 25d7.9%5.7%9.7%8.1%6.7%
Bid-Ask Spread %20.636.5465.026.5412.30
Gamma HHI0.120.110.140.110.13
Net GEX-399.3M-672.7M-101.4M-584.2M-177.3M
Net DEX1.52B539.8M2.77B2.31B933.6M
Net VEX-9.7M-11.1M-8.7M-10.6M-8.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.030.0661.0510.640.76
Total Volume39,591.238692114,06244,85414,807
Total OI1,135,700.81973,1631,275,5581,164,4361,141,487

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$130.62$133.006.9%1.7%7.1%6.5%8.1%2.2%0.1%-584.2M2.31B-10.6M10.646.543,85441,000309,267855,169
2021-04-05$129.94$133.008.2%2.3%7.3%14.2%9.2%2.4%-0.3%-666.7M2.77B-11.1M1.6453.1118,32530,057307,043852,947
2021-04-06$130.81$133.006.8%2.1%7.0%7.3%7.3%1.0%0.9%-585.2M2.08B-9.9M5.1119.216,05930,934304,295875,474
2021-04-07$130.44$133.006.7%2.2%6.9%9.0%8.5%0.6%1.2%-626.8M2.43B-10.5M3.4823.592,6819,339306,519898,913
2021-04-08$130.99$133.007.2%2.1%6.8%15.7%8.7%1.3%0.1%-608.0M2.05B-10.0M4.1610.531,9368,048307,803903,913
2021-04-09$130.83$133.006.9%2.0%6.8%14.8%7.0%3.1%0.4%-614.5M2.13B-9.7M1.9712.9115,50930,566307,211903,407
2021-04-12$130.64$133.007.3%2.1%5.2%18.4%8.7%2.0%0.6%-672.7M2.31B-9.7M1.7011.6932,45155,049307,306912,690
2021-04-13$131.23$133.006.7%2.0%5.4%12.8%8.1%1.5%0.3%-438.2M1.58B-9.1M3.2630.7126,80687,256339,873897,001
2021-04-14$131.14$133.006.8%2.0%5.4%14.0%7.4%0.7%0.5%-458.1M1.63B-9.0M2.5114.495,63414,139339,984899,322
2021-04-15$132.00$133.006.6%1.9%5.8%12.6%7.5%-0.4%0.8%-216.9M1.04B-8.7M4.489.8613,14658,958345,236909,996
2021-04-16$131.11$135.006.9%2.0%6.0%16.1%7.8%0.9%0.5%-455.8M1.86B-9.6M2.1316.9816,14534,443354,589920,969
2021-04-19$130.72$134.007.2%2.1%6.2%20.9%7.9%1.7%0.3%-361.7M1.45B-9.1M0.099.1014,7711,297263,247709,916
2021-04-20$131.03$134.007.1%2.0%6.0%19.4%6.7%1.8%0.6%-304.8M1.22B-9.5M0.069.1024,8441,479277,361702,682
2021-04-21$131.35$134.007.0%2.0%6.0%18.4%6.0%2.1%0.2%-231.9M970.8M-9.7M2.7065.027,85821,247296,633703,234
2021-04-22$131.50$134.006.8%2.0%5.9%17.5%6.5%1.7%0.0%-283.7M803.7M-9.4M0.1540.0254,1968,082300,297699,353
2021-04-23$131.69$134.006.4%1.9%5.9%12.0%6.8%1.7%-0.1%-101.4M539.8M-10.0M1.538.4514,97622,944351,479706,573
2021-04-26$131.67$134.006.6%1.9%5.9%15.7%6.9%1.6%-0.3%-132.3M665.0M-10.4M2.3121.99209483356,488714,386
2021-04-27$131.14$136.006.7%2.0%6.0%16.6%7.9%2.3%-0.3%-267.7M1.03B-10.3M4.2912.511,9448,349353,165714,664
2021-04-28$131.10$136.006.1%1.9%6.0%8.6%7.6%3.0%0.1%-273.1M958.0M-9.3M33.6533.261,67156,232354,541719,890
2021-04-29$130.89$140.005.7%1.7%6.0%2.1%7.5%3.1%0.2%-324.3M1.10B-9.2M61.0511.8754333,149354,652770,742
2021-04-30$131.17$140.006.2%1.8%5.8%9.2%6.2%1.5%0.4%-177.3M933.6M-8.9M0.7612.308,4316,376354,483787,004