LQD Options History — March 2026

In March 2026, LQD traded between $107.56 and $110.94. ATM implied volatility averaged 8.2%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded above realized volatility by 2.0% (HV 20d: 6.3%). Max pain ranged from $110.00 to $111.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 3.24.

Notable Days

  • 2026-03-12: Highest Volume — 256,408 contracts
  • 2026-03-20: Largest IV spike — 19.5% change
  • 2026-03-27: Highest IV Rank — 49.4%
  • 2026-03-27: Largest Expected Move — 2.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.23$107.56$110.94$110.94$109.16
Max Pain$110.14$110.00$111.00$111.00$110.00
ATM IV8.2%6.2%10.2%6.2%8.5%
Expected Move2.3%1.7%2.9%1.7%2.4%
HV 20d6.3%3.9%9.4%4.4%9.4%
HV 60d5.1%4.2%6.3%4.2%6.3%
IV Rank31.1%11.7%49.4%11.7%33.3%
IV Percentile74.4%27.4%94.4%27.4%84.1%
Term Structure-0.1%-0.6%0.3%-0.1%-0.1%
VWIV9.0%6.2%12.5%6.2%7.8%
Skew 25d2.2%1.3%3.7%1.3%1.7%
Skew 10d5.0%2.9%7.4%3.5%5.0%
Call IV 25d7.5%5.7%9.4%5.7%7.9%
Put IV 25d9.8%7.0%11.9%7.0%9.6%
Bid-Ask Spread %17.592.8337.242.8716.83
Gamma HHI0.160.120.530.130.14
Net GEX-571.8M-1.78B-58.1M-58.1M-283.5M
Net DEX1.88B-5.3M4.38B-5.3M913.5M
Net VEX-13.5M-14.5M-11.9M-12.2M-13.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.240.258.442.743.76
Total Volume84,571.72720,638256,40832,072103,284
Total OI1,682,881.4551,425,4841,930,2541,608,5441,589,109

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$110.94$111.006.2%1.7%4.4%11.7%6.2%1.3%-0.1%-58.1M-5.3M-12.2M2.742.878,58223,490447,5281,161,016
2026-03-03$110.88$111.006.4%1.7%3.9%13.8%8.4%1.3%-0.1%-72.7M26.9M-11.9M2.153.0721,99947,382444,9391,156,202
2026-03-04$110.93$111.006.4%1.7%3.9%13.6%7.7%1.3%-0.1%-101.7M30.0M-11.9M1.902.8339,35374,702439,0341,187,749
2026-03-05$110.50$110.006.8%1.9%4.2%17.9%7.3%1.5%-0.2%-390.4M825.1M-12.7M8.235.8111,64595,854429,9161,255,820
2026-03-06$110.25$110.007.7%2.1%4.0%26.1%9.4%2.0%-0.2%-435.7M1.28B-13.6M6.356.9313,49785,670441,1951,311,845
2026-03-09$110.78$110.007.1%1.9%4.3%20.5%8.3%2.0%-0.3%-199.5M436.4M-12.9M1.345.9812,59816,859434,5431,349,455
2026-03-10$110.13$110.007.5%2.1%4.8%23.9%8.2%2.2%-0.1%-539.8M1.53B-13.3M8.446.082,22318,760425,7701,343,828
2026-03-11$109.27$110.008.0%2.3%5.4%29.3%8.5%2.3%-0.0%-809.2M2.78B-13.3M1.2728.89106,227134,635428,3211,317,046
2026-03-12$108.50$110.009.1%2.8%5.8%39.5%8.7%2.9%-0.0%-946.5M3.65B-13.6M1.0823.36123,460132,948409,6601,315,537
2026-03-13$108.16$110.009.4%2.6%5.4%42.1%9.1%2.9%-0.4%-866.0M3.64B-13.8M1.7330.7541,87772,535476,0131,287,461
2026-03-16$108.73$110.008.3%2.4%5.8%31.8%8.6%2.4%0.2%-985.4M2.96B-13.9M4.2926.686,19626,594488,5661,345,994
2026-03-17$109.28$110.007.6%2.2%6.1%24.8%6.8%2.5%-0.4%-817.8M2.25B-13.1M0.4222.0823,0999,810490,2781,317,709
2026-03-18$108.80$110.007.9%2.3%6.2%28.0%9.3%2.9%0.0%-922.1M2.77B-13.4M0.2522.0679,70319,855512,2271,322,189
2026-03-19$109.18$110.008.0%2.3%6.4%28.7%8.8%2.2%-0.0%-629.7M1.89B-14.5M2.3218.8112,15628,242590,3521,334,091
2026-03-20$107.90$110.009.5%2.8%7.4%43.5%12.5%3.7%-0.6%-1.78B4.38B-14.3M2.9825.4015,30845,640586,7951,343,459
2026-03-23$108.72$110.008.8%2.5%8.1%37.0%10.0%2.3%0.3%-356.6M1.59B-14.1M5.7722.2714,41483,136468,306957,178
2026-03-24$108.41$110.008.9%2.6%8.1%37.5%11.4%2.6%0.2%-365.1M1.84B-13.8M8.2521.0913,679112,863462,374965,754
2026-03-25$108.75$110.008.9%2.6%8.3%37.4%8.4%2.4%0.3%-374.1M1.58B-14.2M0.3437.2422,4607,576468,1891,042,592
2026-03-26$107.97$110.0010.1%2.9%8.5%49.0%10.3%2.5%0.1%-483.3M2.39B-14.3M3.0521.9718,62656,770477,4441,049,001
2026-03-27$107.56$110.0010.2%2.9%8.5%49.4%11.9%2.5%0.2%-630.6M2.73B-14.4M0.8120.4031,10325,130482,9561,088,393
2026-03-30$108.28$110.009.7%2.8%8.8%45.3%10.0%2.0%-0.1%-531.2M1.90B-14.0M3.8015.614,29916,339489,8961,087,662
2026-03-31$109.16$110.008.5%2.4%9.4%33.3%7.8%1.7%-0.1%-283.5M913.5M-13.0M3.7616.8321,68081,604491,5381,097,571