TLT Options History — October 2022

In October 2022, TLT traded between $92.54 and $103.92. ATM implied volatility averaged 25.2%, placing in the 81.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.6% (HV 20d: 20.6%). Max pain ranged from $100.00 to $109.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.64.

Notable Days

2022-10-21: Highest Volume — 590,423 contracts
2022-10-21: Largest IV spike — 9.3% change
2022-10-20: Highest IV Rank — 100.0%
2022-10-21: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$98.34	$92.54	$103.92	$103.40	$95.45
Max Pain	$104.90	$100.00	$109.00	$108.00	$100.00
ATM IV	25.2%	23.0%	29.8%	24.0%	24.2%
Expected Move	7.3%	6.4%	8.7%	6.9%	7.4%
HV 20d	20.6%	18.2%	22.9%	22.9%	18.5%
HV 60d	19.1%	18.5%	19.6%	19.4%	19.3%
IV Rank	81.6%	62.6%	100.0%	77.9%	65.4%
IV Percentile	96.0%	90.5%	100.0%	96.4%	92.1%
Term Structure	-0.3%	-1.5%	0.6%	0.4%	-0.6%
VWIV	25.6%	22.6%	29.7%	23.8%	26.0%
Skew 25d	1.8%	0.9%	2.9%	1.7%	0.9%
Skew 10d	3.5%	1.9%	5.6%	3.5%	2.0%
Call IV 25d	24.6%	22.4%	28.5%	23.7%	23.9%
Put IV 25d	26.5%	24.0%	31.5%	25.4%	24.8%
Bid-Ask Spread %	9.84	4.26	28.94	6.10	5.20
Gamma HHI	0.06	0.04	0.09	0.09	0.04
Net GEX	51.7M	-56.3M	188.3M	167.2M	56.7M
Net DEX	2.38B	1.21B	3.74B	1.95B	2.24B
Net VEX	-15.9M	-19.8M	-12.7M	-17.6M	-17.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.64	0.25	1.76	0.49	0.71
Total Volume	263,376.714	98,796	590,423	201,488	98,796
Total OI	2,614,271.095	2,345,713	3,032,703	2,345,713	2,669,566

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-10-03	$103.40	$108.00	24.0%	6.9%	22.9%	77.9%	23.8%	1.7%	0.4%	167.2M	1.95B	-17.6M	0.49	6.10	N/A	N/A	134,882	66,606	1,711,632	634,081
2022-10-04	$103.92	$108.00	23.0%	6.4%	21.4%	70.7%	22.6%	1.2%	0.5%	188.3M	1.52B	-18.0M	0.47	4.59	N/A	N/A	113,102	53,585	1,743,196	626,363
2022-10-05	$102.51	$107.00	23.4%	6.5%	20.8%	73.5%	23.0%	1.2%	0.5%	97.1M	2.08B	-16.3M	1.76	4.74	N/A	N/A	94,795	166,406	1,740,486	620,996
2022-10-06	$102.02	$109.00	23.6%	6.9%	20.8%	75.4%	24.7%	1.3%	0.6%	95.8M	2.03B	-16.2M	0.53	20.81	N/A	N/A	113,241	60,534	1,755,644	608,630
2022-10-07	$101.12	$109.00	23.9%	6.9%	20.8%	77.1%	23.9%	1.5%	0.0%	8.4M	2.52B	-14.4M	1.06	19.91	N/A	N/A	130,526	138,242	1,759,310	624,382
2022-10-10	$99.52	$109.00	25.7%	7.2%	21.2%	90.6%	25.4%	2.2%	-0.6%	-6.8M	2.82B	-14.0M	1.01	9.90	N/A	N/A	102,182	103,417	1,730,036	635,675
2022-10-11	$100.04	$108.00	25.8%	7.2%	21.4%	90.8%	25.7%	1.8%	-0.6%	18.0M	2.59B	-13.9M	0.25	8.63	N/A	N/A	250,010	61,643	1,758,194	650,298
2022-10-12	$100.24	$109.00	26.5%	7.4%	21.3%	96.5%	26.4%	1.7%	-0.8%	40.9M	2.34B	-15.6M	0.26	15.81	N/A	N/A	360,836	92,371	1,916,948	660,379
2022-10-13	$99.36	$108.00	25.7%	7.3%	21.3%	90.1%	25.1%	1.7%	-0.2%	22.8M	2.51B	-16.2M	0.28	28.94	N/A	N/A	338,304	94,108	2,112,456	660,656
2022-10-14	$98.73	$108.00	26.3%	7.4%	21.3%	94.5%	25.6%	2.5%	-0.8%	-8.6M	2.68B	-16.0M	0.77	19.10	N/A	N/A	101,363	78,475	2,127,857	666,103
2022-10-17	$98.11	$107.00	25.3%	7.2%	21.2%	87.2%	24.7%	2.4%	-1.0%	8.4M	2.74B	-14.4M	0.76	4.26	N/A	N/A	84,772	64,758	2,092,371	618,524
2022-10-18	$98.29	$104.00	23.5%	6.7%	21.1%	74.3%	23.5%	2.6%	-0.7%	3.6M	2.72B	-14.1M	0.64	4.59	N/A	N/A	74,372	47,908	2,124,389	629,402
2022-10-19	$96.46	$103.00	25.2%	7.2%	20.7%	86.6%	25.3%	2.2%	-1.0%	-36.5M	3.08B	-12.7M	0.62	7.35	N/A	N/A	210,700	129,651	2,147,491	621,851
2022-10-20	$94.81	$104.00	27.2%	7.9%	20.3%	100.0%	27.9%	2.1%	-1.0%	-56.3M	3.38B	-13.7M	0.74	5.04	N/A	N/A	164,136	122,195	2,264,627	659,207
2022-10-21	$93.36	$102.00	29.8%	8.7%	20.2%	100.0%	29.7%	2.9%	-1.5%	8.4M	3.74B	-12.9M	0.71	11.72	N/A	N/A	345,286	245,137	2,337,202	695,501
2022-10-24	$92.54	$100.00	28.2%	8.4%	19.6%	90.7%	29.3%	2.9%	0.5%	19.1M	2.73B	-15.5M	0.44	4.62	N/A	N/A	215,183	93,975	1,829,228	673,118
2022-10-25	$95.09	$100.00	25.6%	7.7%	21.3%	75.1%	26.6%	2.5%	-0.1%	97.4M	1.94B	-17.7M	0.53	5.82	N/A	N/A	167,857	89,526	1,941,571	702,813
2022-10-26	$96.26	$100.00	24.8%	7.5%	18.2%	69.8%	26.7%	1.6%	0.0%	115.7M	1.67B	-18.3M	0.49	7.08	N/A	N/A	151,043	73,588	1,959,762	730,308
2022-10-27	$97.26	$100.00	24.1%	7.2%	18.9%	64.7%	25.8%	1.1%	0.2%	157.8M	1.21B	-19.8M	0.30	6.30	N/A	N/A	220,618	67,053	1,989,108	739,211
2022-10-28	$96.62	$100.00	23.8%	7.1%	18.7%	62.6%	25.3%	0.9%	0.1%	88.8M	1.47B	-19.2M	0.62	6.23	N/A	N/A	129,678	80,051	1,981,449	749,672
2022-10-31	$95.45	$100.00	24.2%	7.4%	18.5%	65.4%	26.0%	0.9%	-0.6%	56.7M	2.24B	-17.4M	0.71	5.20	N/A	N/A	57,743	41,053	1,959,267	710,299