TLT Options History — August 2022

In August 2022, TLT traded between $111.08 and $120.01. ATM implied volatility averaged 18.5%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 0.3% (HV 20d: 18.2%). Max pain ranged from $115.00 to $118.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.97.

Notable Days

  • 2022-08-25: Highest Volume — 291,533 contracts
  • 2022-08-12: Largest IV drop — 6.1% change
  • 2022-08-24: Highest IV Rank — 55.4%
  • 2022-08-24: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.19$111.08$120.01$120.01$111.91
Max Pain$116.35$115.00$118.00$118.00$115.00
ATM IV18.5%16.4%20.1%19.1%19.8%
Expected Move5.3%4.7%5.7%5.5%5.7%
HV 20d18.2%16.4%19.7%16.8%16.4%
HV 60d19.6%19.2%20.2%20.0%19.2%
IV Rank44.9%30.8%55.4%48.7%53.5%
IV Percentile60.0%48.0%73.4%64.3%71.0%
Term Structure-0.0%-0.9%0.7%-0.6%-0.1%
VWIV18.9%16.9%20.1%19.8%20.1%
Skew 25d0.4%-1.0%1.2%-0.4%0.7%
Skew 10d0.8%-2.6%2.6%-1.5%1.0%
Call IV 25d18.7%16.2%20.0%19.7%19.9%
Put IV 25d19.1%16.9%20.9%19.3%20.6%
Bid-Ask Spread %10.725.4618.486.386.97
Gamma HHI0.080.060.120.060.09
Net GEX-46.9M-268.9M139.4M139.4M-144.7M
Net DEX1.97B6.3M3.90B6.3M3.03B
Net VEX-20.1M-23.4M-17.2M-23.4M-20.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.253.410.711.36
Total Volume149,654.1367,821291,533149,820164,782
Total OI1,939,500.0431,592,5962,149,1881,785,2382,149,188

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$120.01$118.0019.1%5.5%16.8%48.7%19.8%-0.4%-0.6%139.4M6.3M-23.4M0.716.38N/AN/A87,59262,2281,077,016708,222
2022-08-02$117.51$118.0019.1%5.5%18.3%48.8%19.6%-1.0%-0.9%74.4M916.3M-22.4M0.665.46N/AN/A101,48466,7011,097,925723,051
2022-08-03$119.14$118.0018.8%5.4%17.6%46.5%19.6%-0.2%-0.2%104.6M340.6M-22.8M0.6614.22N/AN/A104,47769,4311,122,324743,818
2022-08-04$118.90$117.0018.4%5.2%17.2%44.0%18.8%-0.3%-0.3%98.6M483.9M-22.9M0.6510.69N/AN/A61,73140,0861,140,861758,250
2022-08-05$116.75$117.0018.1%5.1%18.0%42.0%18.4%0.6%-0.5%4.9M1.78B-20.6M0.788.77N/AN/A125,21297,9371,142,246766,915
2022-08-08$118.35$117.0018.5%5.3%18.0%44.9%19.0%0.5%0.0%54.7M800.0M-21.5M0.6015.66N/AN/A83,84950,4771,116,917751,532
2022-08-09$117.99$117.0018.2%5.2%17.7%42.6%18.9%0.4%0.1%45.2M941.1M-20.9M1.3812.71N/AN/A41,33556,9981,127,075760,450
2022-08-10$117.24$117.0017.2%5.0%17.6%36.2%17.9%0.4%0.2%1.0M1.39B-20.2M0.8715.19N/AN/A50,39943,6031,139,351794,359
2022-08-11$114.48$117.0017.5%5.1%19.5%37.8%17.8%0.6%0.7%-159.8M2.79B-18.1M0.537.98N/AN/A109,84257,6711,155,472797,713
2022-08-12$115.35$117.0016.4%4.7%19.7%30.8%16.9%0.7%0.4%-39.6M2.20B-18.2M0.755.61N/AN/A54,82541,3721,186,631796,280
2022-08-15$115.55$117.0016.8%4.8%19.4%33.1%17.2%0.4%0.3%-42.9M1.96B-18.0M0.639.82N/AN/A51,04431,9921,133,248756,369
2022-08-16$115.76$117.0017.2%4.9%19.2%36.2%17.3%0.3%-0.0%-38.3M1.88B-18.4M1.1114.16N/AN/A60,31767,0941,141,393765,403
2022-08-17$114.77$117.0018.1%5.2%19.5%42.2%18.5%0.2%0.3%-116.6M2.34B-18.0M0.4918.48N/AN/A59,12929,2441,174,253822,725
2022-08-18$114.92$116.0018.2%5.2%18.5%42.5%18.6%0.4%0.1%-76.6M2.07B-18.8M0.6813.12N/AN/A40,32127,5001,214,001817,220
2022-08-19$113.01$116.0018.6%5.3%18.2%45.2%18.8%0.3%0.3%-103.6M2.97B-17.2M1.2310.49N/AN/A68,71884,5221,223,035825,036
2022-08-22$112.56$115.0019.7%5.6%18.0%52.6%19.9%0.6%-0.2%-62.7M2.57B-17.3M2.6810.00N/AN/A55,357148,144954,698637,898
2022-08-23$112.24$115.0019.5%5.5%17.9%51.4%19.3%1.0%-0.1%-172.9M3.00B-18.3M3.418.49N/AN/A54,025184,1581,007,118763,596
2022-08-24$111.08$115.0020.1%5.7%18.1%55.4%20.1%1.0%-0.2%-268.9M3.90B-18.9M1.0810.08N/AN/A127,509138,3391,021,752901,958
2022-08-25$112.74$115.0019.0%5.4%18.9%48.2%19.1%1.2%-0.1%-140.7M2.78B-20.8M0.259.96N/AN/A232,50359,0301,089,597925,517
2022-08-26$113.65$115.0018.8%5.3%19.2%46.5%19.0%1.0%0.1%-43.1M2.06B-21.5M0.828.70N/AN/A114,00792,9481,220,394925,856
2022-08-29$112.44$115.0019.6%5.6%18.3%52.1%19.8%0.9%0.0%-113.2M2.79B-20.8M0.5115.13N/AN/A50,06925,3961,206,228900,429
2022-08-30$113.03$115.0019.7%5.7%17.2%52.8%19.9%0.7%0.1%-77.9M2.37B-22.0M0.478.59N/AN/A46,77121,8761,220,723904,458
2022-08-31$111.91$115.0019.8%5.7%16.4%53.5%20.1%0.7%-0.1%-144.7M3.03B-20.9M1.366.97N/AN/A69,71895,0641,238,016911,172