TLT Options History — June 2021

In June 2021, TLT traded between $138.14 and $145.71. ATM implied volatility averaged 12.4%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 2.0% (HV 20d: 10.3%). Max pain ranged from $138.00 to $143.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.47.

Notable Days

  • 2021-06-17: Highest Volume — 259,706 contracts
  • 2021-06-18: Largest IV spike — 16.2% change
  • 2021-06-18: Highest IV Rank — 29.6%
  • 2021-06-18: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$141.78$138.14$145.71$138.19$144.72
Max Pain$140.64$138.00$143.00$143.00$142.00
ATM IV12.4%11.4%14.6%12.5%12.8%
Expected Move3.6%3.4%4.3%3.6%3.7%
HV 20d10.3%7.3%14.0%8.7%14.0%
HV 60d10.4%9.4%10.9%10.8%10.8%
IV Rank8.7%0.0%29.6%8.6%12.7%
IV Percentile14.3%0.0%64.3%11.9%24.6%
Term Structure0.2%-0.6%0.6%-0.1%0.3%
VWIV13.1%12.4%15.2%12.6%13.0%
Skew 25d-0.1%-1.8%0.9%0.8%-0.6%
Skew 10d-1.2%-4.3%1.2%0.6%-2.0%
Call IV 25d12.9%11.6%16.2%12.5%13.4%
Put IV 25d12.7%11.9%14.4%13.3%12.8%
Bid-Ask Spread %5.682.8224.1420.423.59
Gamma HHI0.070.050.100.100.06
Net GEX-158.2M-430.9M42.6M-408.2M42.6M
Net DEX249.9M-2.40B2.33B2.18B-1.27B
Net VEX-16.8M-17.5M-15.8M-16.7M-15.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.552.901.080.55
Total Volume112,78147,410259,70661,888144,514
Total OI1,434,688.4091,189,3071,727,3581,404,6451,245,678

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$138.19$143.0012.5%3.6%8.7%8.6%12.6%0.8%-0.1%-408.2M2.18B-16.7M1.0820.42N/AN/A29,75932,129495,377909,268
2021-06-02$138.43$143.0012.5%3.6%8.5%8.8%12.9%0.9%-0.2%-380.0M2.10B-17.4M1.6124.14N/AN/A18,18929,221504,372924,581
2021-06-03$138.14$138.0012.2%3.6%8.4%5.7%13.8%0.9%-0.1%-430.9M2.33B-17.3M2.254.27N/AN/A15,58135,094506,479933,744
2021-06-04$139.67$138.0011.4%3.4%9.3%0.0%12.5%0.7%-0.2%-223.5M1.11B-15.8M1.174.06N/AN/A62,40173,279510,878943,303
2021-06-07$139.42$138.0011.6%3.5%9.0%1.6%12.7%0.7%0.6%-344.9M1.48B-16.2M2.884.19N/AN/A18,36052,921509,902948,532
2021-06-08$140.46$139.0011.8%3.5%8.7%3.3%12.7%0.4%0.5%-238.9M884.9M-16.3M1.344.00N/AN/A53,70472,030518,965968,894
2021-06-09$141.62$139.0012.3%3.6%8.8%7.8%13.2%0.3%0.3%-153.9M246.2M-17.0M2.904.11N/AN/A56,673164,185552,0781,000,092
2021-06-10$142.24$139.0011.7%3.4%7.3%2.9%12.5%-0.1%0.3%-72.0M-123.1M-16.1M1.594.08N/AN/A65,141103,827558,8831,008,996
2021-06-11$142.25$140.0011.8%3.5%7.3%3.3%12.7%-0.1%0.4%-37.6M-219.0M-17.5M1.213.49N/AN/A42,43451,138599,3811,051,812
2021-06-14$141.08$140.0012.3%3.5%8.1%7.8%12.8%0.5%-0.1%-120.9M612.1M-17.4M0.993.29N/AN/A32,97532,725590,9831,006,982
2021-06-15$140.92$140.0012.2%3.5%8.1%7.6%13.0%0.1%-0.1%-160.6M728.3M-17.3M2.273.57N/AN/A15,85035,906603,9581,023,985
2021-06-16$140.81$140.0012.2%3.5%8.0%7.6%13.1%0.5%-0.0%-144.1M829.3M-17.4M1.603.58N/AN/A37,97960,919608,7721,032,637
2021-06-17$143.01$140.0012.6%3.6%9.3%10.9%12.9%-0.7%0.0%15.8M-495.9M-16.8M0.674.47N/AN/A155,883103,823617,4941,047,302
2021-06-18$145.71$141.0014.6%4.3%10.9%29.6%15.2%-1.8%-0.6%41.7M-2.40B-16.6M0.784.55N/AN/A128,716100,741655,3881,071,970
2021-06-21$143.24$142.0013.9%4.1%13.0%23.1%14.9%-1.4%0.2%-133.1M-327.4M-17.4M0.744.20N/AN/A74,89455,551480,606708,701
2021-06-22$143.51$142.0013.1%3.9%13.0%15.1%13.9%-1.0%0.3%-114.4M-482.6M-17.4M1.553.18N/AN/A35,72155,233498,324730,052
2021-06-23$143.18$142.0012.3%3.6%12.8%8.0%12.9%-0.9%0.4%-218.6M-325.8M-17.0M1.723.23N/AN/A39,15367,239506,920753,160
2021-06-24$143.64$142.0012.4%3.6%12.7%8.9%13.1%-0.8%0.4%-92.0M-684.5M-16.5M1.495.60N/AN/A23,92935,579508,507736,583
2021-06-25$141.86$142.0012.0%3.4%13.6%5.5%12.4%-0.4%0.6%-220.1M604.3M-17.1M1.333.90N/AN/A51,69568,890523,137747,795
2021-06-28$143.44$142.0012.1%3.6%14.0%6.7%12.5%-0.6%0.6%-32.6M-637.5M-16.1M1.522.82N/AN/A30,79646,842497,630701,825
2021-06-29$143.61$142.0012.1%3.5%13.9%6.5%12.7%-0.5%0.6%-54.5M-645.9M-16.3M1.186.20N/AN/A31,93837,625502,211717,008
2021-06-30$144.72$142.0012.8%3.7%14.0%12.7%13.0%-0.6%0.3%42.6M-1.27B-15.9M0.553.59N/AN/A93,25651,258517,414728,264