TLT Options History — June 2010

In June 2010, TLT traded between $95.23 and $101.75. ATM implied volatility averaged 16.0%, placing in the 52.2% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 2.3% (HV 20d: 18.3%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.18.

Notable Days

  • 2010-06-30: Highest Volume — 103,665 contracts
  • 2010-06-02: Largest IV drop — 12.4% change
  • 2010-06-07: Highest IV Rank — 70.9%
  • 2010-06-08: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.98$95.23$101.75$96.85$101.75
Max Pain$97.64$95.00$100.00$95.00$100.00
ATM IV16.0%14.0%19.0%18.4%15.4%
Expected Move4.6%4.0%5.5%5.3%4.4%
HV 20d18.3%15.4%21.3%21.3%15.4%
HV 60d16.3%15.1%16.9%15.1%16.2%
IV Rank52.2%40.3%70.9%60.0%52.5%
IV Percentile66.3%48.0%90.9%86.5%62.7%
Term Structure0.6%-0.2%1.6%-0.1%0.4%
VWIV16.5%14.2%19.4%19.2%15.4%
Skew 25d-0.8%-1.3%-0.1%-0.5%-0.6%
Skew 10d-1.4%-2.9%0.9%-0.9%-1.3%
Call IV 25d17.0%14.5%20.5%19.5%16.1%
Put IV 25d16.2%14.1%19.2%19.0%15.5%
Bid-Ask Spread %8.054.6024.437.556.66
Gamma HHI0.080.070.100.070.09
Net GEX5.4M-11.2M28.4M-2.8M21.2M
Net DEX-329.1M-596.7M-16.1M-238.8M-596.7M
Net VEX-4.2M-4.6M-3.9M-4.6M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.122.061.770.12
Total Volume20,632.2279,178103,66511,888103,665
Total OI377,359.955299,563437,424378,253343,289

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$96.85$95.0018.4%5.3%21.3%60.0%19.2%-0.5%-0.1%-2.8M-238.8M-4.6M1.777.55N/AN/A4,2997,589154,125224,128
2010-06-02$95.93$95.0016.2%4.6%21.0%49.8%16.7%-0.1%0.7%-7.0M-120.3M-4.5M1.468.57N/AN/A4,3906,416155,890226,905
2010-06-03$95.23$95.0015.9%4.6%21.1%50.0%16.6%-1.0%0.2%-10.8M-16.1M-4.6M0.525.26N/AN/A8,5324,456157,856229,250
2010-06-04$97.79$97.0017.8%5.1%20.4%62.7%18.3%-0.1%0.2%8.7M-379.4M-4.5M0.648.89N/AN/A13,5748,668162,494229,520
2010-06-07$98.54$97.0019.0%5.4%19.9%70.9%19.4%-0.7%-0.2%13.6M-487.0M-4.4M0.4110.26N/AN/A13,2375,494166,062231,996
2010-06-08$98.05$98.0018.1%5.5%18.3%64.5%19.4%-1.3%-0.0%12.6M-412.6M-4.6M0.859.63N/AN/A5,7024,874172,003234,311
2010-06-09$97.94$98.0016.9%5.4%18.3%56.6%18.9%-0.8%0.3%10.3M-396.3M-4.6M2.0610.19N/AN/A2,9956,183172,429236,221
2010-06-10$96.19$98.0017.1%4.9%19.4%58.2%18.0%-0.6%0.8%-5.4M-156.8M-4.4M1.738.14N/AN/A4,9148,483173,276239,183
2010-06-11$97.41$98.0017.3%5.0%19.7%59.3%17.4%-0.9%0.8%3.6M-336.7M-4.4M1.078.56N/AN/A5,3165,684174,227241,977
2010-06-14$96.91$98.0016.2%4.7%19.0%52.1%16.7%-0.8%1.1%-5.2M-257.4M-4.1M1.165.62N/AN/A7,6868,881175,037243,856
2010-06-15$96.51$98.0015.9%4.5%19.0%49.5%16.5%-1.1%1.2%-11.2M-205.5M-4.1M1.567.54N/AN/A5,3568,334178,318246,746
2010-06-16$97.06$98.0015.3%4.4%18.3%47.2%15.5%-1.3%1.1%-9.3M-277.7M-4.1M1.217.11N/AN/A6,5637,909178,889247,914
2010-06-17$97.85$98.0015.0%4.3%18.5%45.2%15.2%-0.9%1.6%-2.5M-410.0M-4.1M1.736.92N/AN/A5,5149,521180,495251,551
2010-06-18$97.69$98.0014.3%4.1%16.9%40.7%14.6%-1.2%1.5%-1.5M-341.4M-4.1M1.5924.43N/AN/A8,74813,870180,688256,736
2010-06-21$97.41$98.0014.0%4.0%17.0%40.3%14.2%-0.4%0.7%1.4M-191.7M-4.1M1.787.98N/AN/A5,85510,398129,342170,221
2010-06-22$98.57$97.0014.6%4.2%17.5%44.5%14.7%-0.4%0.1%7.9M-302.1M-3.9M0.644.60N/AN/A10,3906,629130,572173,083
2010-06-23$99.24$97.0014.7%4.2%17.5%47.1%14.8%-0.6%0.3%15.2M-373.6M-4.1M1.235.02N/AN/A14,02617,309137,286174,248
2010-06-24$98.65$99.0014.5%4.2%17.7%45.7%14.9%-1.0%1.0%11.4M-314.0M-4.1M0.766.36N/AN/A7,9996,104142,371183,002
2010-06-25$99.05$98.0014.4%4.1%15.4%45.1%14.7%-1.1%0.9%17.5M-384.0M-3.9M1.785.49N/AN/A5,1189,091144,057182,281
2010-06-28$99.98$99.0014.8%4.2%15.6%48.0%15.1%-1.1%0.2%21.7M-459.0M-3.9M0.565.28N/AN/A10,6065,986144,707186,276
2010-06-29$101.07$99.0016.2%4.7%16.0%59.1%16.2%-0.4%0.1%28.4M-582.8M-3.9M1.416.98N/AN/A15,54821,997151,494187,607
2010-06-30$101.75$100.0015.4%4.4%15.4%52.5%15.4%-0.6%0.4%21.2M-596.7M-3.9M0.126.66N/AN/A92,17811,487147,549195,740