LQD Options History — October 2024

In October 2024, LQD traded between $109.09 and $113.05. ATM implied volatility averaged 9.0%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded above realized volatility by 3.7% (HV 20d: 5.3%). Max pain ranged from $111.00 to $112.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 2.57.

Notable Days

  • 2024-10-08: Highest Volume — 195,598 contracts
  • 2024-10-07: Largest IV spike — 7.4% change
  • 2024-10-31: Highest IV Rank — 88.5%
  • 2024-10-31: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.61$109.09$113.05$113.05$109.09
Max Pain$111.67$111.00$112.00$112.00$111.00
ATM IV9.0%7.2%10.7%7.2%10.7%
Expected Move2.7%2.0%3.7%2.0%3.7%
HV 20d5.3%4.2%6.3%4.6%5.8%
HV 60d5.8%5.5%6.1%5.6%5.5%
IV Rank47.0%15.0%88.5%15.0%88.5%
IV Percentile67.4%11.9%98.4%11.9%98.4%
Term Structure-0.1%-0.5%0.9%0.9%-0.4%
VWIV9.7%7.5%12.9%7.9%12.9%
Skew 25d1.1%0.6%1.5%0.8%1.3%
Skew 10d2.7%1.4%3.9%2.5%2.5%
Call IV 25d8.5%6.8%10.3%6.8%10.3%
Put IV 25d9.6%7.7%11.5%7.7%11.5%
Bid-Ask Spread %14.037.2321.0219.569.33
Gamma HHI0.100.080.140.130.08
Net GEX-74.9M-295.6M413.2M413.2M-295.6M
Net DEX576.7M-1.19B1.47B-1.19B1.47B
Net VEX-7.5M-9.2M-5.8M-5.8M-8.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.570.1625.620.660.88
Total Volume71,832.2616,648195,59834,80856,727
Total OI1,033,547.913823,8671,254,719823,8671,102,695

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$113.05$112.007.2%2.0%4.6%15.0%7.9%0.8%0.9%413.2M-1.19B-5.8M0.6619.5621,00313,805389,303434,564
2024-10-02$112.80$111.507.4%2.1%4.2%17.6%7.5%0.8%0.6%392.2M-986.2M-5.8M0.8521.0283,04470,557397,628435,407
2024-10-03$112.19$112.007.8%2.4%4.3%23.0%8.1%0.8%0.5%255.1M-386.4M-6.5M4.1215.0012,44151,237418,981446,679
2024-10-04$111.48$112.007.8%2.4%4.8%24.4%8.4%0.7%0.7%-48.3M342.1M-6.7M0.1620.9039,4356,366436,053497,538
2024-10-07$110.93$112.008.3%2.4%4.9%33.2%8.4%0.6%-0.0%-154.8M660.4M-6.1M0.3216.80102,20132,724467,409499,053
2024-10-08$111.10$112.008.5%2.4%4.9%36.2%9.1%0.8%0.0%-177.6M584.7M-6.7M1.9216.6267,052128,546508,469514,022
2024-10-09$110.90$112.008.8%2.5%4.9%41.1%8.6%0.7%-0.2%-67.3M389.7M-7.4M1.4816.3616,41624,358530,452527,914
2024-10-10$110.84$112.008.7%2.4%4.9%38.4%8.6%1.3%-0.2%-164.5M612.2M-7.1M2.6013.707,13918,586542,844550,296
2024-10-11$110.84$112.008.5%2.4%4.7%36.6%8.9%1.2%-0.2%-126.8M477.0M-6.8M0.1618.7647,3217,687548,025544,584
2024-10-14$110.77$112.008.9%2.5%4.2%41.7%8.7%1.5%-0.4%-156.9M555.1M-6.6M0.1712.1087,62614,946554,338540,807
2024-10-15$111.38$112.009.0%2.6%4.8%43.0%9.5%1.0%-0.3%201.2M-24.8M-7.7M0.5615.4622,69712,821593,827547,234
2024-10-16$111.63$112.008.6%2.5%4.9%36.9%8.5%1.0%0.0%370.1M-181.4M-7.8M0.7115.659,9207,029615,121559,868
2024-10-17$110.91$112.009.1%2.6%5.3%45.9%9.8%1.2%-0.3%-85.5M380.2M-7.7M25.6213.253,40587,233614,867567,201
2024-10-18$110.82$112.008.8%2.5%5.3%39.9%8.8%1.1%-0.2%-220.0M763.0M-7.4M4.7310.3514,73269,629620,327634,392
2024-10-21$109.63$112.009.2%2.7%6.3%47.3%9.4%1.3%-0.4%-215.0M1.10B-7.4M0.4313.1773,97231,765448,104430,461
2024-10-22$109.63$112.009.3%2.8%6.2%52.9%10.3%1.4%-0.4%-187.2M1.05B-8.1M0.8013.3750,43140,315494,011444,130
2024-10-23$109.27$111.009.5%2.9%6.0%57.6%10.2%1.5%-0.4%-218.8M1.24B-8.4M0.9115.9145,42741,253524,593476,578
2024-10-24$109.56$111.009.8%3.0%6.2%64.1%10.6%1.3%-0.5%-197.6M1.16B-9.2M2.0310.2414,40529,217529,774513,218
2024-10-25$109.30$111.0010.1%3.2%5.9%70.2%10.9%1.1%-0.5%-241.2M1.32B-9.1M4.818.621,1455,503533,850532,192
2024-10-28$109.25$111.0010.3%3.4%6.0%73.1%12.2%1.2%-0.1%-281.2M1.40B-8.3M0.407.2356,99022,883531,805535,257
2024-10-29$109.30$111.0010.4%3.4%5.9%74.6%12.2%1.5%-0.3%-267.9M1.27B-8.2M1.989.5625,50150,608521,115524,175
2024-10-30$109.31$111.0010.5%3.6%6.0%80.1%12.5%1.5%-0.3%-248.6M1.26B-8.5M2.919.606,66019,384525,298567,143
2024-10-31$109.09$111.0010.7%3.7%5.8%88.5%12.9%1.3%-0.4%-295.6M1.47B-8.5M0.889.3330,19626,531525,515577,180