LQD Options History — December 2024

In December 2024, LQD traded between $106.59 and $110.70. ATM implied volatility averaged 7.7%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded above realized volatility by 0.1% (HV 20d: 7.6%). Max pain ranged from $109.00 to $111.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 2.42.

Notable Days

  • 2024-12-02: Highest Volume — 205,262 contracts
  • 2024-12-13: Largest IV spike — 5.8% change
  • 2024-12-31: Highest IV Rank — 44.7%
  • 2024-12-31: Largest Expected Move — 2.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.60$106.59$110.70$110.38$106.85
Max Pain$109.24$109.00$111.00$110.00$109.00
ATM IV7.7%6.9%8.5%7.4%8.5%
Expected Move2.3%2.2%2.5%2.4%2.5%
HV 20d7.6%6.1%9.0%8.4%7.5%
HV 60d7.2%6.8%7.7%6.8%7.6%
IV Rank29.9%13.8%44.7%24.9%44.7%
IV Percentile36.3%3.6%65.9%23.4%65.9%
Term Structure0.3%-0.1%0.7%0.3%0.3%
VWIV8.2%7.8%9.0%8.0%8.9%
Skew 25d0.5%0.2%0.9%0.5%0.9%
Skew 10d1.7%-1.8%9.9%-1.8%3.0%
Call IV 25d7.5%6.6%8.2%7.2%8.2%
Put IV 25d8.1%7.0%9.2%7.7%9.2%
Bid-Ask Spread %17.057.4896.6596.6510.73
Gamma HHI0.140.100.350.140.12
Net GEX-146.5M-665.5M241.0M241.0M-194.8M
Net DEX496.0M-749.6M1.76B-749.6M916.1M
Net VEX-5.7M-7.8M-4.3M-7.8M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.420.0511.760.080.47
Total Volume40,222.905443205,262205,262443
Total OI998,661.333757,7501,137,8961,106,118763,588

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$110.38$110.007.4%2.4%8.4%24.9%8.0%0.5%0.3%241.0M-749.6M-7.8M0.0896.65189,75215,510591,600514,518
2024-12-03$109.95$111.007.3%2.4%8.3%22.1%7.9%0.2%0.5%43.7M-98.0M-7.1M0.059.6394,3004,373509,716529,838
2024-12-04$110.45$111.007.1%2.3%8.3%18.4%8.2%0.3%0.3%95.8M-337.0M-6.8M1.2510.8134,68643,312494,173532,750
2024-12-05$110.50$109.007.0%2.3%7.6%17.0%8.0%0.4%0.4%102.4M-380.8M-6.9M0.1311.6915,9812,028520,804566,965
2024-12-06$110.70$109.006.9%2.2%6.9%13.8%7.8%0.4%0.5%157.5M-499.1M-6.7M1.1815.064,8865,773529,384538,840
2024-12-09$110.43$109.007.2%2.3%6.9%20.6%8.2%0.4%0.6%75.5M-311.2M-6.1M1.739.509,27916,071526,144544,133
2024-12-10$110.38$109.007.1%2.2%6.8%19.0%7.8%0.4%0.5%55.6M-189.3M-6.5M1.249.39315390532,612554,460
2024-12-11$109.97$109.007.2%2.2%6.1%21.0%7.9%0.3%0.7%-16.5M99.7M-6.3M0.379.7325,3149,334532,699554,586
2024-12-12$109.34$109.007.4%2.3%6.3%24.2%8.5%0.4%0.7%-183.9M472.8M-5.9M3.5511.714,89217,351556,271562,983
2024-12-13$108.69$109.007.8%2.3%6.7%32.7%8.5%0.3%0.4%-246.1M919.5M-5.7M0.1314.4711,6571,460552,498572,806
2024-12-16$108.88$109.008.0%2.3%6.7%35.6%8.5%0.6%0.1%-292.9M887.3M-5.8M11.7610.822,01023,646563,203573,467
2024-12-17$108.81$109.008.1%2.4%6.7%37.9%8.4%0.7%-0.1%-238.7M951.0M-5.7M1.147.4834,04338,938564,431573,465
2024-12-18$107.20$109.008.1%2.3%8.6%37.8%8.1%0.6%0.1%-428.7M1.46B-5.4M0.8413.6015,07512,670536,163551,920
2024-12-19$106.59$109.008.2%2.4%8.7%39.8%8.3%0.8%0.0%-460.7M1.76B-4.9M8.259.859,31476,852547,218546,487
2024-12-20$107.09$109.007.9%2.3%8.9%33.8%7.9%0.8%-0.1%-665.5M1.20B-4.8M2.0711.227,96816,492552,786534,252
2024-12-23$106.68$109.007.8%2.2%9.0%31.5%8.6%0.9%0.1%-251.8M978.3M-4.9M7.6415.318696,638374,054389,078
2024-12-24$106.90$109.007.8%2.2%7.7%32.3%7.8%0.8%0.2%-224.3M849.1M-4.8M0.1334.227,545986374,815389,656
2024-12-26$107.08$109.008.0%2.3%7.8%36.6%8.6%0.6%0.0%-187.0M788.9M-4.9M0.5417.4030,02116,128380,633389,773
2024-12-27$106.64$109.008.2%2.4%7.7%39.8%7.8%0.6%0.1%-278.3M936.6M-4.5M7.6516.571,0958,379399,116392,253
2024-12-30$107.13$109.008.4%2.5%7.5%43.7%9.0%0.8%0.3%-177.6M755.2M-4.3M0.5612.0918,48610,419378,295379,455
2024-12-31$106.85$109.008.5%2.5%7.5%44.7%8.9%0.9%0.3%-194.8M916.1M-4.4M0.4710.73302141378,992384,596