LQD Options History — April 2026

In April 2026, LQD traded between $108.66 and $110.03. ATM implied volatility averaged 6.8%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded below realized volatility by 1.7% (HV 20d: 8.5%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 3 of 14 trading days. Term structure was in contango for 7 of 14 days. Put/call ratio averaged 1.64.

Notable Days

2026-04-21: Highest Volume — 100,549 contracts
2026-04-13: Largest IV drop — 13.0% change
2026-04-01: Highest IV Rank — 31.8%
2026-04-01: Largest Expected Move — 2.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$109.46	$108.66	$110.03	$108.66	$109.65
Max Pain	$110.00	$110.00	$110.00	$110.00	$110.00
ATM IV	6.8%	5.8%	8.3%	8.3%	6.5%
Expected Move	2.0%	1.7%	2.4%	2.4%	1.9%
HV 20d	8.5%	6.6%	9.5%	9.5%	6.6%
HV 60d	6.4%	6.4%	6.5%	6.4%	6.4%
IV Rank	18.6%	8.1%	31.8%	31.8%	18.5%
IV Percentile	45.8%	18.3%	82.1%	82.1%	39.3%
Term Structure	0.1%	-0.5%	0.6%	-0.1%	0.0%
VWIV	7.0%	5.5%	9.1%	7.4%	7.5%
Skew 25d	1.8%	1.5%	2.4%	1.8%	1.8%
Skew 10d	4.3%	2.8%	6.1%	4.6%	3.3%
Call IV 25d	6.0%	5.1%	7.5%	7.5%	5.8%
Put IV 25d	7.9%	6.7%	9.3%	9.3%	7.5%
Bid-Ask Spread %	26.37	15.31	34.11	15.31	27.94
Gamma HHI	0.15	0.12	0.36	0.15	0.13
Net GEX	-117.1M	-460.1M	827.2M	-460.1M	-213.7M
Net DEX	813.9M	-92.3M	1.77B	1.77B	641.2M
Net VEX	-13.0M	-14.7M	-12.3M	-14.7M	-12.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.64	0.37	4.42	1.93	4.42
Total Volume	50,486	10,873	100,549	23,890	100,549
Total OI	1,602,186.071	1,248,032	1,781,935	1,629,947	1,250,030

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$108.66	$110.00	8.3%	2.4%	9.5%	31.8%	7.4%	1.8%	-0.1%	-460.1M	1.77B	-14.7M	1.93	15.31	8,166	15,724	487,940	1,142,007
2026-04-02	$109.03	$110.00	7.8%	2.2%	9.5%	26.8%	7.1%	2.0%	-0.1%	-194.5M	1.29B	-14.3M	0.37	25.31	32,390	11,944	495,017	1,145,727
2026-04-06	$108.97	$110.00	7.6%	2.2%	9.5%	25.3%	8.5%	1.9%	0.0%	-312.9M	1.37B	-13.0M	0.48	26.65	13,762	6,626	488,092	1,078,129
2026-04-07	$109.13	$110.00	8.0%	2.3%	9.3%	29.0%	7.9%	1.7%	0.1%	-383.0M	1.30B	-12.9M	1.13	34.11	35,665	40,290	483,105	1,085,023
2026-04-08	$109.41	$110.00	7.0%	2.0%	9.2%	19.5%	6.4%	2.2%	0.5%	-184.0M	829.7M	-12.7M	0.51	33.00	58,408	29,739	490,656	1,089,944
2026-04-09	$109.51	$110.00	6.8%	2.0%	8.8%	17.8%	7.1%	2.2%	-0.5%	-138.5M	614.6M	-13.0M	0.95	32.23	27,685	26,236	523,872	1,102,775
2026-04-10	$109.18	$110.00	7.1%	2.0%	8.4%	20.7%	9.1%	2.0%	0.1%	-295.7M	1.13B	-12.8M	1.43	30.73	31,282	44,830	517,707	1,110,618
2026-04-13	$109.56	$110.00	6.2%	1.8%	8.4%	11.9%	7.5%	2.4%	0.6%	-113.4M	824.1M	-12.8M	2.90	20.25	14,376	41,666	530,014	1,135,920
2026-04-14	$110.03	$110.00	6.2%	1.8%	8.3%	11.9%	5.6%	1.8%	0.1%	75.3M	86.0M	-12.7M	0.38	18.52	52,347	20,045	532,089	1,171,228
2026-04-15	$109.88	$110.00	5.8%	1.7%	8.2%	8.1%	5.8%	1.7%	0.2%	41.0M	215.3M	-13.0M	3.28	28.92	5,868	19,266	568,893	1,190,414
2026-04-16	$109.44	$110.00	6.2%	1.8%	8.2%	14.9%	6.6%	1.5%	0.0%	-155.6M	1.08B	-13.4M	1.36	24.89	7,399	10,083	572,633	1,209,302
2026-04-17	$110.02	$110.00	5.9%	1.7%	8.3%	11.7%	6.6%	1.6%	0.1%	827.2M	-92.3M	-12.7M	1.06	26.02	20,148	21,437	573,863	1,207,575
2026-04-20	$110.03	$110.00	6.0%	1.7%	6.9%	12.3%	5.5%	1.5%	0.0%	-130.9M	336.9M	-12.4M	2.69	25.36	2,944	7,929	381,838	866,194
2026-04-21	$109.65	$110.00	6.5%	1.9%	6.6%	18.5%	7.5%	1.8%	0.0%	-213.7M	641.2M	-12.3M	4.42	27.94	18,566	81,983	382,119	867,911