LQD Options History — April 2022

In April 2022, LQD traded between $112.67 and $121.36. ATM implied volatility averaged 12.3%, placing in the 87.7% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 0.7% (HV 20d: 11.6%). Max pain ranged from $121.00 to $127.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 3.40.

Notable Days

  • 2022-04-21: Highest Volume — 263,360 contracts
  • 2022-04-22: Largest IV spike — 10.9% change
  • 2022-04-22: Highest IV Rank — 100.0%
  • 2022-04-22: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.96$112.67$121.36$121.15$112.67
Max Pain$123.35$121.00$127.00$123.00$124.00
ATM IV12.3%10.9%14.0%11.2%13.3%
Expected Move3.5%3.1%4.1%3.2%3.9%
HV 20d11.6%10.2%12.6%12.1%11.6%
HV 60d10.5%9.7%11.3%9.7%11.3%
IV Rank87.7%72.7%100.0%76.4%92.8%
IV Percentile97.1%92.1%100.0%95.2%99.6%
Term Structure-0.1%-0.7%0.5%0.4%0.0%
VWIV13.3%11.7%15.8%12.7%14.1%
Skew 25d2.7%2.1%3.3%2.1%2.3%
Skew 10d5.0%3.4%6.2%3.9%3.9%
Call IV 25d11.3%9.8%12.6%10.3%12.6%
Put IV 25d14.0%12.4%15.0%12.4%14.9%
Bid-Ask Spread %72.6147.8287.2381.7863.95
Gamma HHI0.150.100.190.100.18
Net GEX-913.9M-1.19B-741.8M-1.00B-766.4M
Net DEX7.54B5.32B11.10B5.81B7.10B
Net VEX-11.8M-14.2M-9.8M-14.2M-11.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.400.7915.761.511.23
Total Volume129,792.88,942263,36090,24282,358
Total OI1,445,131.851,040,7421,798,9231,646,5311,294,356

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$121.15$123.0011.2%3.2%12.1%76.4%12.7%2.1%0.4%-1.00B5.81B-14.2M1.5181.7835,95654,286268,9291,377,602
2022-04-04$121.36$123.0010.9%3.1%11.3%72.7%12.2%2.9%-0.5%-1.11B5.32B-12.6M1.9685.3740,86280,287283,4661,375,603
2022-04-05$119.47$122.0011.9%3.4%12.4%86.3%14.1%2.7%-0.2%-1.19B7.68B-13.9M1.8683.9132,93761,371296,2721,380,787
2022-04-06$118.57$122.0012.4%3.4%12.6%92.0%12.0%2.3%-0.2%-1.12B8.53B-13.2M0.7984.0965,11951,348301,9431,369,372
2022-04-07$118.18$121.0011.8%3.4%11.9%84.7%13.2%2.6%0.5%-1.12B8.72B-13.0M1.2577.0232,55040,828335,2861,364,918
2022-04-08$117.10$121.0012.1%3.5%12.3%88.9%13.2%3.0%-0.0%-1.01B9.74B-12.4M2.8067.0222,41462,669348,4911,365,520
2022-04-11$115.91$121.0012.4%3.4%11.9%92.5%12.0%3.0%-0.3%-930.7M10.65B-11.5M3.0079.3119,70659,025316,8511,374,499
2022-04-12$116.21$121.0012.4%3.5%11.6%92.8%12.1%3.3%-0.2%-906.4M10.38B-11.5M5.7584.9017,710101,914323,5561,372,026
2022-04-13$116.61$121.0011.6%3.2%11.4%82.1%11.7%3.0%-0.1%-935.4M10.16B-11.1M2.7386.7762,715171,245326,1581,387,110
2022-04-14$115.39$123.0012.2%3.6%10.8%89.2%13.5%2.8%0.3%-995.1M11.10B-12.6M2.3076.5068,010156,536333,2421,465,681
2022-04-18$114.50$123.0012.8%3.7%10.7%97.7%13.1%3.1%-0.5%-835.5M6.44B-11.4M15.7676.6311,996189,055118,662972,375
2022-04-19$113.58$123.0012.1%3.5%10.2%88.4%13.4%2.7%-0.3%-741.8M6.48B-9.8M2.9347.8226,36877,281119,433921,309
2022-04-20$114.72$127.0011.4%3.3%11.2%79.8%12.9%2.6%0.1%-828.5M5.94B-10.3M3.6578.0342,047153,620147,670965,121
2022-04-21$113.52$125.0012.6%3.6%11.4%94.7%12.9%3.0%-0.3%-746.5M6.43B-10.2M7.6073.1930,612232,748157,853944,367
2022-04-22$113.49$127.0014.0%4.1%11.3%100.0%14.9%2.8%-0.7%-758.1M6.47B-11.6M5.7352.3628,770164,796180,6031,022,502
2022-04-25$114.72$125.0012.8%3.7%12.1%87.0%14.8%2.1%-0.2%-771.9M5.53B-11.6M1.9353.2342,77982,533180,0321,060,888
2022-04-26$114.72$125.0012.7%3.6%11.8%85.8%15.8%3.3%-0.5%-816.8M5.51B-11.6M2.9556.6724,68672,713194,4621,080,099
2022-04-27$113.58$125.0012.4%3.7%11.5%82.7%13.7%2.8%0.4%-833.4M6.41B-11.6M1.1387.234,1984,744195,1361,089,989
2022-04-28$113.75$125.0012.8%3.7%11.5%87.3%13.3%2.3%-0.3%-854.0M6.34B-11.7M1.1256.3941,15445,910198,6911,091,777
2022-04-29$112.67$124.0013.3%3.9%11.6%92.8%14.1%2.3%0.0%-766.4M7.10B-11.2M1.2363.9536,88745,471203,2971,091,059