LQD Options History — May 2024

In May 2024, LQD traded between $105.12 and $107.55. ATM implied volatility averaged 7.4%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 0.7% (HV 20d: 6.6%). Max pain ranged from $106.00 to $107.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-05-29: Highest Volume — 144,413 contracts
  • 2024-05-03: Largest IV drop — 13.2% change
  • 2024-05-01: Highest IV Rank — 27.9%
  • 2024-05-01: Largest Expected Move — 2.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.61$105.12$107.55$105.12$106.84
Max Pain$106.86$106.00$107.00$106.00$107.00
ATM IV7.4%6.2%8.5%8.5%7.2%
Expected Move2.1%1.8%2.6%2.6%2.1%
HV 20d6.6%5.4%8.9%8.3%6.3%
HV 60d7.1%6.9%7.3%7.2%7.3%
IV Rank13.2%0.0%27.9%27.9%13.8%
IV Percentile7.7%0.0%25.8%25.8%6.0%
Term Structure0.1%-0.3%0.6%0.3%0.0%
VWIV7.4%6.4%8.9%8.9%7.2%
Skew 25d0.8%0.5%1.1%0.9%0.8%
Skew 10d1.8%0.8%2.9%1.6%2.3%
Call IV 25d7.0%5.9%8.1%8.1%6.8%
Put IV 25d7.8%6.6%9.0%9.0%7.6%
Bid-Ask Spread %12.927.3722.3310.448.82
Gamma HHI0.120.090.210.100.19
Net GEX115.4M-189.3M387.2M-189.3M282.9M
Net DEX-152.0M-1.37B1.10B1.10B-193.3M
Net VEX-7.9M-8.8M-7.3M-7.8M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.123.381.420.82
Total Volume56,343.54510,310144,41387,46571,071
Total OI1,105,028.909954,6791,289,775954,6791,120,902

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$105.12$106.008.5%2.6%8.3%27.9%8.9%0.9%0.3%-189.3M1.10B-7.8M1.4210.4436,09951,366410,485544,194
2024-05-02$105.60$106.008.5%2.6%8.5%27.8%8.9%0.9%0.3%-106.0M631.6M-8.3M0.928.2524,66322,773436,433577,682
2024-05-03$106.38$106.007.4%2.1%8.9%11.4%7.2%1.0%0.6%55.4M-87.5M-7.7M0.127.9065,0808,029445,981594,974
2024-05-06$106.59$107.007.8%2.3%8.9%17.0%8.3%1.0%0.3%111.6M-226.4M-8.0M0.4620.5022,65410,532472,339596,120
2024-05-07$106.69$107.007.7%2.2%8.8%15.5%7.9%1.1%0.2%112.5M-238.7M-7.8M0.6110.0184,57651,437464,213603,024
2024-05-08$106.48$107.007.8%2.2%7.1%17.0%8.0%1.1%0.3%106.6M-123.4M-7.7M1.4116.6018,49126,140492,435614,256
2024-05-09$106.68$107.007.7%2.2%7.1%15.6%7.9%0.8%0.2%134.9M-201.7M-7.8M1.0713.0140,35742,991491,161625,899
2024-05-10$106.27$107.007.7%2.2%7.2%15.9%8.1%0.9%0.2%86.5M24.5M-8.4M1.2312.0315,87319,565529,723655,898
2024-05-13$106.35$107.008.1%2.3%5.6%21.2%7.8%0.9%-0.1%122.0M-91.3M-8.2M0.259.1444,80211,128535,365663,140
2024-05-14$106.66$107.008.0%2.2%5.4%20.9%7.9%0.6%-0.2%205.5M-388.4M-8.3M1.1212.224,8615,449552,250670,208
2024-05-15$107.55$107.007.3%2.0%5.8%10.1%7.1%0.7%-0.3%359.3M-1.37B-7.4M0.439.6643,58918,936554,020693,156
2024-05-16$107.44$107.007.0%2.0%5.7%5.5%6.4%0.5%-0.0%368.5M-1.28B-7.4M2.4612.367,45118,311563,123702,284
2024-05-17$107.20$107.007.0%1.9%5.8%5.0%6.8%0.6%-0.2%387.2M-1.00B-7.7M0.9119.1810,5869,643569,851719,924
2024-05-20$107.12$107.006.8%1.9%5.8%2.2%6.6%0.6%-0.1%131.1M-328.0M-7.3M0.917.8147,10842,810443,246520,095
2024-05-21$107.31$107.006.4%1.8%5.8%0.0%6.5%0.5%0.1%208.4M-513.8M-7.8M0.2415.6243,89510,357473,201543,180
2024-05-22$107.15$107.006.2%1.8%5.5%0.0%6.5%0.6%0.2%175.4M-356.5M-8.5M3.3822.334,45315,053501,394547,450
2024-05-23$106.69$107.006.6%1.9%5.7%6.1%6.7%0.6%0.1%-57.8M100.3M-8.1M0.7519.0411,8518,859500,147547,914
2024-05-24$106.97$107.006.5%1.9%5.6%5.2%6.5%0.8%0.1%192.6M-242.4M-7.6M1.1816.7626,17330,774495,630551,671
2024-05-28$106.28$107.007.0%2.0%6.1%11.5%7.0%0.7%0.0%-17.8M424.1M-7.9M0.3617.0817,9866,473512,383552,040
2024-05-29$105.82$107.007.8%2.3%6.1%21.9%7.8%0.8%-0.1%-143.4M746.9M-8.3M1.708.0553,47990,934527,925565,616
2024-05-30$106.32$107.007.6%2.2%6.2%19.3%7.8%0.8%-0.0%12.6M266.4M-8.8M0.217.3735,5567,344538,869590,835
2024-05-31$106.84$107.007.2%2.1%6.3%13.8%7.2%0.8%0.0%282.9M-193.3M-7.9M0.828.8239,01932,052527,333593,569