TLT Options History — October 2021

In October 2021, TLT traded between $141.67 and $147.94. ATM implied volatility averaged 14.1%, placing in the 24.8% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 0.6% (HV 20d: 13.5%). Max pain ranged from $148.00 to $150.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 2.34.

Notable Days

  • 2021-10-13: Highest Volume — 256,177 contracts
  • 2021-10-29: Largest IV spike — 6.8% change
  • 2021-10-22: Highest IV Rank — 32.8%
  • 2021-10-29: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.52$141.67$147.94$145.17$147.94
Max Pain$149.33$148.00$150.00$150.00$149.00
ATM IV14.1%13.2%15.0%13.4%14.8%
Expected Move4.1%3.9%4.6%4.1%4.6%
HV 20d13.5%12.3%14.3%13.7%13.9%
HV 60d12.3%11.8%13.0%13.0%12.7%
IV Rank24.8%16.4%32.8%18.7%31.1%
IV Percentile61.1%41.3%78.6%45.2%75.8%
Term Structure0.0%-0.6%0.7%0.5%0.2%
VWIV14.7%13.9%16.5%14.4%16.5%
Skew 25d1.0%0.6%1.4%0.6%1.4%
Skew 10d1.3%0.5%2.6%1.1%2.6%
Call IV 25d14.0%13.0%14.8%13.4%14.5%
Put IV 25d15.0%14.0%16.0%14.0%15.9%
Bid-Ask Spread %29.4018.3441.8423.8226.26
Gamma HHI0.090.060.220.150.08
Net GEX-442.3M-725.4M-71.2M-649.7M-212.3M
Net DEX3.23B393.1M6.13B3.76B445.6M
Net VEX-22.7M-23.9M-21.4M-23.9M-22.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.341.355.403.882.11
Total Volume137,556.28663,980256,177212,922181,002
Total OI1,684,491.7141,454,9821,991,8651,716,6751,674,382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$145.17$150.0013.4%4.1%13.7%18.7%14.4%0.6%0.5%-649.7M3.76B-23.9M3.8823.82N/AN/A43,622169,300633,1771,083,498
2021-10-04$144.92$148.0014.0%4.0%13.5%24.1%14.1%0.8%-0.2%-406.3M3.29B-23.2M3.1737.87N/AN/A23,10673,321612,4631,019,657
2021-10-05$143.53$149.0014.2%4.1%13.6%25.3%14.4%0.9%0.0%-577.2M4.55B-23.4M1.4541.36N/AN/A52,21175,513634,3001,067,992
2021-10-06$144.24$149.0014.4%4.1%13.5%27.9%14.6%1.1%-0.1%-610.0M4.34B-23.8M2.9241.84N/AN/A17,21350,238642,7751,111,975
2021-10-07$142.65$149.0014.3%4.1%13.1%26.3%14.9%1.3%0.1%-639.8M5.35B-23.6M3.0035.27N/AN/A39,165117,437658,9971,121,477
2021-10-08$141.97$149.0013.7%4.0%13.0%21.3%14.2%1.0%0.2%-643.6M6.13B-22.6M2.9336.52N/AN/A47,450139,247667,1341,138,325
2021-10-11$141.67$149.0014.2%4.0%12.6%25.7%14.1%1.1%-0.2%-562.1M5.34B-22.0M5.4028.59N/AN/A26,274142,003652,9311,055,127
2021-10-12$143.72$149.0014.0%4.0%13.2%23.5%14.4%0.8%-0.1%-495.9M4.01B-22.0M1.8939.56N/AN/A82,658156,020666,7061,079,507
2021-10-13$145.33$148.0013.7%3.9%14.0%21.4%14.3%0.8%0.0%-404.7M2.67B-21.4M1.6635.53N/AN/A96,456159,721675,6171,117,140
2021-10-14$145.89$150.0013.4%3.9%14.2%18.3%13.9%0.9%0.2%-345.2M2.14B-21.5M1.9927.52N/AN/A46,60392,802704,2341,166,301
2021-10-15$145.00$150.0014.0%4.0%14.2%23.5%14.5%0.8%0.2%-725.4M3.14B-22.9M1.4030.86N/AN/A57,25880,091755,4191,236,446
2021-10-18$145.85$150.0014.5%4.1%13.6%28.5%14.7%1.1%-0.5%-285.3M1.88B-22.9M2.6620.65N/AN/A17,93347,649520,122934,860
2021-10-19$143.82$149.0014.4%4.1%14.3%27.9%15.4%1.2%-0.4%-428.0M3.09B-23.4M1.8227.60N/AN/A28,76152,420557,349974,993
2021-10-20$142.76$150.0014.5%4.2%14.2%28.8%14.7%1.1%-0.4%-521.3M4.08B-23.4M2.0626.64N/AN/A37,35176,971580,1311,018,466
2021-10-21$142.68$150.0014.9%4.3%12.9%31.8%15.3%1.2%-0.6%-534.0M4.14B-23.6M1.5823.49N/AN/A31,74850,122585,8911,031,977
2021-10-22$144.00$150.0015.0%4.3%13.0%32.8%15.4%1.2%-0.6%-393.0M3.11B-23.1M1.3523.81N/AN/A45,87261,932595,6731,022,981
2021-10-25$143.82$150.0014.0%4.1%13.0%23.8%14.8%1.1%0.4%-337.2M2.95B-22.7M1.4025.11N/AN/A26,60637,374576,319979,371
2021-10-26$144.94$150.0013.2%4.0%12.3%16.4%14.1%1.0%0.7%-287.2M2.20B-22.0M1.7127.70N/AN/A31,67254,003583,721991,639
2021-10-27$147.70$149.0013.8%4.3%13.9%22.0%15.2%0.9%0.4%-71.2M393.1M-21.6M1.7219.04N/AN/A69,077118,646591,969996,110
2021-10-28$147.31$149.0013.9%4.2%13.9%22.5%15.0%1.2%0.6%-159.3M738.7M-21.8M2.9618.34N/AN/A33,28198,553613,3361,043,838
2021-10-29$147.94$149.0014.8%4.6%13.9%31.1%16.5%1.4%0.2%-212.3M445.6M-22.9M2.1126.26N/AN/A58,176122,826620,7651,053,617