LQD Options History — June 2025

In June 2025, LQD traded between $106.94 and $109.63. ATM implied volatility averaged 7.8%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 0.4% (HV 20d: 7.4%). Max pain ranged from $107.00 to $109.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 5.71.

Notable Days

  • 2025-06-05: Highest Volume — 80,381 contracts
  • 2025-06-13: Largest IV spike — 8.2% change
  • 2025-06-03: Highest IV Rank — 24.1%
  • 2025-06-05: Largest Expected Move — 2.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.04$106.94$109.63$106.94$109.63
Max Pain$107.95$107.00$109.00$107.00$109.00
ATM IV7.8%6.9%8.6%8.6%7.6%
Expected Move2.2%1.9%2.4%2.4%2.0%
HV 20d7.4%6.2%8.1%7.2%6.5%
HV 60d9.2%9.1%9.3%9.1%9.3%
IV Rank15.4%5.9%24.1%23.7%13.1%
IV Percentile44.1%4.0%78.6%77.4%34.9%
Term Structure0.2%-0.2%0.8%-0.0%-0.2%
VWIV8.2%6.7%9.5%8.2%7.0%
Skew 25d1.0%0.4%1.4%1.4%1.0%
Skew 10d2.4%0.8%4.0%4.0%1.9%
Call IV 25d7.6%6.6%8.2%8.2%7.5%
Put IV 25d8.5%7.1%9.6%9.6%8.5%
Bid-Ask Spread %9.135.7113.788.097.29
Gamma HHI0.120.100.270.100.13
Net GEX-63.1M-337.2M127.9M-101.1M-1.6M
Net DEX141.4M-397.8M741.1M414.7M-234.4M
Net VEX-5.9M-7.2M-4.0M-6.3M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.711.0719.901.811.20
Total Volume40,766.19,64580,38127,26638,704
Total OI839,379.7704,422992,966756,366734,609

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$106.94$107.008.6%2.4%7.2%23.7%8.2%1.4%-0.0%-101.1M414.7M-6.3M1.818.099,68717,579224,243532,123
2025-06-03$107.13$107.008.6%2.4%7.2%24.1%9.0%1.4%-0.0%-82.8M320.8M-6.3M5.016.983,58917,967221,260537,321
2025-06-04$107.90$107.008.3%2.2%7.6%21.3%8.2%1.3%0.0%23.6M-94.0M-6.0M2.557.3514,53137,117222,772544,033
2025-06-05$107.55$108.008.4%2.4%7.7%22.1%9.2%1.2%-0.0%-48.5M213.6M-6.6M19.907.663,84676,535229,399574,928
2025-06-06$106.94$108.008.1%2.4%7.9%18.8%8.3%1.1%0.0%-337.2M741.1M-7.2M2.347.347,88018,455232,046649,629
2025-06-09$107.22$108.008.2%2.3%7.9%19.3%8.5%1.0%-0.1%-130.2M493.9M-7.0M6.726.612,38916,043231,018646,024
2025-06-10$107.44$108.008.1%2.4%7.9%18.9%9.1%0.9%0.1%-88.8M332.3M-6.8M3.959.1610,19240,271232,748658,821
2025-06-11$107.84$108.007.7%2.2%8.0%14.3%9.5%0.9%0.1%40.9M-2.6M-6.5M11.2910.934,97256,132239,637659,938
2025-06-12$108.44$108.007.5%2.2%7.9%12.2%8.4%0.8%0.2%127.9M-397.8M-6.0M3.1913.5510,03932,063236,428700,821
2025-06-13$107.73$108.008.1%2.3%8.1%19.1%8.5%1.4%-0.0%-73.9M326.2M-7.0M4.8012.375,66027,160245,437718,280
2025-06-16$107.62$108.007.9%2.3%8.1%16.5%8.2%1.0%0.2%-133.2M343.9M-6.5M11.448.284,57652,368238,758721,005
2025-06-17$108.00$108.007.8%2.2%8.1%15.4%8.9%1.1%0.1%-45.7M53.6M-6.2M7.728.905,89245,482240,307715,648
2025-06-18$108.03$108.007.5%2.2%8.1%12.4%7.8%0.6%0.1%5.8M-32.1M-6.1M1.489.1023,71335,008244,233729,072
2025-06-20$108.16$108.007.4%2.1%6.9%11.2%7.7%0.7%0.1%-75.5M-152.8M-5.6M6.946.526,74346,819239,531753,435
2025-06-23$108.41$108.007.6%2.2%6.8%12.9%7.9%0.9%0.8%-230.5M413.7M-5.8M18.6313.781,80033,535126,988595,251
2025-06-24$108.94$108.007.4%2.1%7.0%11.0%7.8%0.7%0.8%-107.3M68.6M-4.9M1.145.714,5045,141128,454575,968
2025-06-25$108.84$108.007.1%2.0%6.4%7.3%8.1%0.7%0.8%-89.4M112.4M-4.9M1.6911.078,37714,149130,789580,676
2025-06-26$109.07$108.006.9%1.9%6.3%5.9%6.8%0.4%0.7%-16.1M-74.5M-4.4M1.0710.4629,74831,947134,518591,474
2025-06-27$108.97$109.007.1%1.9%6.2%7.4%6.7%0.6%0.8%102.5M-19.1M-4.7M1.2811.376,4388,271160,568609,404
2025-06-30$109.63$109.007.6%2.0%6.5%13.1%7.0%1.0%-0.2%-1.6M-234.4M-4.0M1.207.2917,63321,071150,322584,287