LQD Options History — November 2024

In November 2024, LQD traded between $107.97 and $110.48. ATM implied volatility averaged 8.3%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded above realized volatility by 0.1% (HV 20d: 8.2%). Max pain ranged from $110.00 to $111.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 3.62.

Notable Days

  • 2024-11-05: Highest Volume — 199,848 contracts
  • 2024-11-06: Largest IV drop — 21.2% change
  • 2024-11-01: Highest IV Rank — 100.0%
  • 2024-11-01: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.90$107.97$110.48$107.97$110.48
Max Pain$110.45$110.00$111.00$111.00$110.00
ATM IV8.3%7.1%11.3%11.3%7.1%
Expected Move2.5%2.2%4.1%4.1%2.2%
HV 20d8.2%6.4%9.3%6.4%9.3%
HV 60d6.4%5.9%6.9%5.9%6.8%
IV Rank41.2%18.0%100.0%100.0%18.0%
IV Percentile44.4%9.9%100.0%100.0%9.9%
Term Structure-0.1%-0.6%0.5%-0.2%0.1%
VWIV8.6%7.6%13.8%13.8%7.6%
Skew 25d0.9%0.2%1.6%1.3%0.2%
Skew 10d1.8%0.1%3.7%3.6%0.1%
Call IV 25d7.9%6.9%10.7%10.7%7.0%
Put IV 25d8.7%7.2%12.0%12.0%7.2%
Bid-Ask Spread %20.076.4088.627.8825.29
Gamma HHI0.110.080.160.080.13
Net GEX-228.8M-768.8M251.2M-287.6M251.2M
Net DEX840.5M-840.5M2.02B2.02B-840.5M
Net VEX-8.1M-9.3M-6.9M-9.2M-7.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.620.0320.211.200.03
Total Volume70,415.0510,109199,84849,66351,835
Total OI1,179,683.051,038,2831,331,0751,140,6311,158,348

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$107.97$111.0011.3%4.1%6.4%100.0%13.8%1.3%-0.2%-287.6M2.02B-9.2M1.207.8822,62427,039550,626590,005
2024-11-04$108.72$111.0011.1%3.0%6.9%96.4%10.7%1.6%-0.6%-210.8M1.33B-9.0M1.8412.7122,22240,946517,616571,455
2024-11-05$109.20$111.0010.9%3.0%7.1%91.3%10.2%1.5%-0.5%-170.6M1.05B-9.3M7.2814.6224,150175,698535,824607,134
2024-11-06$108.32$111.008.6%2.6%7.6%46.5%8.8%1.1%-0.1%-431.8M1.75B-7.8M0.1588.62162,75324,660561,703639,239
2024-11-07$109.37$111.007.9%2.4%8.5%33.0%8.6%1.1%0.1%-168.4M688.7M-8.6M4.9287.2716,26180,070597,181637,260
2024-11-08$109.80$111.007.5%2.3%8.7%26.6%8.1%1.3%0.1%-285.9M527.8M-8.8M2.069.1813,20527,237603,834713,420
2024-11-11$109.65$111.007.8%2.3%8.7%32.6%8.0%0.9%0.1%-255.8M698.0M-8.5M20.216.6980416,249603,015686,680
2024-11-12$108.65$111.008.1%2.4%8.9%37.9%8.6%1.0%0.1%-619.1M1.67B-7.4M6.279.0413,74686,140608,455701,681
2024-11-13$108.27$111.007.7%2.3%8.8%29.8%7.9%1.1%0.4%-768.8M2.00B-7.5M0.606.4083,94250,158618,424712,651
2024-11-14$108.23$110.007.7%2.3%8.6%29.5%8.0%0.9%0.3%-712.4M1.84B-7.2M7.549.609,75973,555632,146677,481
2024-11-15$108.31$110.007.6%2.3%8.7%27.2%7.7%0.8%0.5%-410.7M1.48B-6.9M0.657.4580,42052,361640,642617,986
2024-11-18$108.38$110.007.9%2.3%7.9%33.9%8.3%0.7%-0.4%-147.1M678.3M-8.5M3.858.6415,43959,425522,875515,408
2024-11-19$108.65$110.008.1%2.3%8.0%37.6%8.3%0.6%-0.4%-119.4M564.7M-8.2M0.668.8428,31718,577534,855516,914
2024-11-20$108.40$110.008.3%2.4%7.9%42.3%8.3%0.7%-0.6%-144.1M653.2M-8.2M1.5610.829,02114,103560,163527,462
2024-11-21$108.32$110.008.0%2.3%7.8%35.8%8.2%0.9%-0.4%-159.2M728.9M-7.8M7.759.374,66436,133565,529525,671
2024-11-22$108.44$110.007.8%2.3%7.8%32.6%7.8%0.5%-0.2%-169.2M623.1M-7.9M0.0910.3016,4481,476568,823556,369
2024-11-25$109.73$110.007.5%2.3%8.9%25.6%7.9%0.5%-0.0%92.8M-239.6M-8.4M1.5123.225,5308,347583,391556,149
2024-11-26$109.44$110.007.4%2.2%9.0%23.8%7.8%0.5%-0.1%43.7M-166.2M-7.2M2.9121.892,5887,521584,791550,061
2024-11-27$109.75$110.007.3%2.2%9.1%22.8%7.9%0.4%-0.1%96.2M-240.9M-7.5M1.4123.5410,34314,535585,349557,045
2024-11-29$110.48$110.007.1%2.2%9.3%18.0%7.6%0.2%0.1%251.2M-840.5M-7.7M0.0325.2950,3951,440593,912564,436