TLT Options History — October 2024

In October 2024, TLT traded between $91.91 and $98.50. ATM implied volatility averaged 17.9%, placing in the 55.5% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 7.4% (HV 20d: 10.5%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.85.

Notable Days

  • 2024-10-04: Highest Volume — 815,627 contracts
  • 2024-10-07: Largest IV spike — 15.1% change
  • 2024-10-31: Highest IV Rank — 91.9%
  • 2024-10-31: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.01$91.91$98.50$98.50$92.59
Max Pain$97.65$95.00$100.00$98.00$95.00
ATM IV17.9%13.2%20.3%13.2%20.3%
Expected Move5.4%3.8%7.1%3.8%7.1%
HV 20d10.5%7.9%12.3%9.6%11.8%
HV 60d12.8%10.8%13.6%12.8%10.8%
IV Rank55.5%16.7%91.9%16.7%91.9%
IV Percentile81.2%13.9%98.8%13.9%98.8%
Term Structure-0.1%-1.5%3.1%2.7%-0.7%
VWIV19.1%13.3%24.7%13.3%24.7%
Skew 25d1.4%0.1%2.1%0.1%1.2%
Skew 10d2.4%0.1%3.7%0.1%2.8%
Call IV 25d17.3%12.9%19.8%12.9%19.8%
Put IV 25d18.7%13.0%21.0%13.0%21.0%
Bid-Ask Spread %1.601.371.801.371.80
Gamma HHI0.090.050.180.090.05
Net GEX-13.3M-367.1M580.1M506.8M218.5M
Net DEX1.22B-5.08B3.51B-5.08B1.14B
Net VEX-59.9M-63.5M-57.6M-59.5M-63.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.401.850.610.77
Total Volume515,029.609338,980815,627437,991510,649
Total OI5,318,456.6524,726,8445,866,9654,726,8445,866,965

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$98.50$98.0013.2%3.8%9.6%16.7%13.3%0.1%2.7%506.8M-5.08B-59.5M0.611.37N/AN/A272,310165,6812,795,2421,931,602
2024-10-02$97.53$98.0013.5%3.9%9.2%19.0%13.7%0.4%3.0%97.9M-2.97B-60.0M1.171.43N/AN/A214,904251,1632,832,2951,965,189
2024-10-03$96.84$100.0014.4%4.6%9.0%25.5%16.2%0.9%3.1%-47.8M-1.42B-60.2M1.851.70N/AN/A200,544371,3622,845,9592,031,596
2024-10-04$95.48$100.0014.8%4.7%10.1%29.9%16.6%1.4%3.1%-367.1M2.46B-58.7M1.301.58N/AN/A355,009460,6182,940,8172,175,464
2024-10-07$94.85$100.0017.1%4.9%9.9%46.9%17.2%1.7%-0.5%-131.2M1.94B-58.8M1.001.62N/AN/A316,747315,8832,951,3042,089,621
2024-10-08$94.81$99.0017.7%5.0%9.3%51.9%17.8%1.7%-0.6%-148.3M981.2M-59.8M0.761.54N/AN/A192,320146,6603,007,0712,113,649
2024-10-09$94.43$99.0018.6%5.2%9.2%58.8%18.2%1.6%-0.5%-256.2M1.70B-59.9M1.631.61N/AN/A200,445326,9063,066,0452,171,728
2024-10-10$94.02$99.0019.1%5.3%9.2%62.7%19.0%1.9%-0.7%-236.4M2.34B-58.9M0.871.66N/AN/A295,553256,1763,102,7402,113,700
2024-10-11$93.75$98.0018.6%5.2%9.0%58.7%18.3%2.0%-0.7%-235.0M2.28B-58.8M0.991.69N/AN/A227,646225,9193,188,6192,091,825
2024-10-14$93.56$98.0018.3%5.2%7.9%55.9%18.4%1.7%-0.5%-146.0M2.49B-57.6M0.441.50N/AN/A251,954110,4453,114,7842,093,848
2024-10-15$94.93$98.0018.1%5.2%10.3%55.0%18.7%2.1%-0.5%300.6M-1.19B-61.3M0.401.67N/AN/A460,829184,7503,187,5142,071,137
2024-10-16$95.18$98.0016.9%4.8%10.0%45.6%17.2%2.1%-0.3%580.1M-2.11B-62.0M0.761.52N/AN/A195,852148,8153,429,0832,141,305
2024-10-17$93.84$98.0018.0%5.2%10.7%53.8%18.3%1.9%-0.6%24.2M1.68B-60.7M1.191.48N/AN/A308,361366,7263,446,3422,205,679
2024-10-18$93.98$98.0018.1%5.2%10.8%54.5%18.9%2.0%-0.7%-327.7M1.24B-60.9M0.631.62N/AN/A219,905137,7903,513,4292,249,864
2024-10-21$92.34$98.0019.8%5.9%12.0%67.2%20.9%1.6%-1.0%-40.3M3.35B-58.4M0.811.62N/AN/A349,593283,8563,076,9332,033,648
2024-10-22$92.38$97.0019.5%5.8%12.1%67.0%20.9%1.3%-1.0%-26.2M2.96B-59.8M0.541.65N/AN/A352,969191,5493,199,3872,124,486
2024-10-23$92.12$96.0020.2%6.2%11.9%72.4%21.8%1.1%-1.3%-179.9M3.32B-60.1M0.931.71N/AN/A291,990271,8793,241,1102,195,603
2024-10-24$92.69$96.0019.5%6.0%12.3%66.8%21.0%1.1%-1.5%151.2M2.06B-60.7M0.601.64N/AN/A225,736135,8613,290,8712,213,710
2024-10-25$92.10$96.0019.0%6.0%12.0%63.0%20.9%1.2%-1.3%-344.1M3.43B-59.3M0.691.73N/AN/A217,708149,2803,269,5782,315,768
2024-10-28$91.91$96.0019.2%6.3%12.0%69.7%22.2%1.4%-0.4%-55.4M3.51B-57.7M0.621.57N/AN/A347,951214,8423,120,5782,221,989
2024-10-29$91.94$96.0019.1%6.4%11.7%70.2%22.3%1.1%-0.5%61.1M2.62B-59.8M0.461.52N/AN/A357,451163,7063,257,5642,277,189
2024-10-30$92.40$95.0019.4%6.7%11.8%72.8%23.9%0.8%-0.6%294.4M1.26B-62.2M0.571.64N/AN/A381,037218,3513,406,5982,345,075
2024-10-31$92.59$95.0020.3%7.1%11.8%91.9%24.7%1.2%-0.7%218.5M1.14B-63.5M0.771.80N/AN/A288,068222,5813,459,1822,407,783