5-Year Treasury Note Futures (September 2026) (/ZFU6) Options History

Historical options analytics archive for /ZFU6 with monthly max pain, implied volatility, gamma exposure, and put/call data.

2 months of complete options data available.

/ZFU6 monthly aggregates over the last 2 months: ATM IV, max pain, net GEX, and put/call ratioAverage ATM IVAverage ATM IV3%3%4%4%4%4%26-0526-0526-0526-0626-0626-06MonthIVMonth-End Max PainMonth-End Max Pain$107$107$107$107$107$10826-0526-0526-0526-0626-0626-06MonthStrike ($)Month-End Net GEXMonth-End Net GEX-$4.00B-$3.50B-$3.00B-$2.50B-$2.00B26-0526-0526-0526-0626-0626-06MonthGEXAverage P/C RatioAverage P/C Ratio1.401.601.802.0026-0526-0526-0526-0626-0626-06MonthP/C
Month-by-month aggregates from the /ZFU6 daily snapshot archive. IV and P/C are averages across days in the month; max pain and net GEX are end-of-month values.

/ZFU6 monthly aggregates

Month-by-month rollups derived from the daily snapshot archive for /ZFU6. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).

MonthDaysAvg ATM IVAvg IV RankEnd Max PainEnd Net GEXEnd Net DEXAvg P/C
2026-06213.4%-$107.00-$1.54B$3.77B1.21
2026-05133.7%-$107.50-$4.20B$5.72B2.13

This archive aggregates /ZFU6's daily end-of-day options snapshots into monthly summaries, spanning 2026-05 through 2026-06. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how /ZFU6 option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-06) shows an average ATM implied volatility near 3.4%, a month-end max-pain strike around $107.00, an average put/call ratio of 1.21.

2026

May | Jun

Frequently asked ZFU6 history questions

How much options history is available for ZFU6?
This archive holds 2 months of ZFU6 options analytics, spanning 2026-05 through 2026-06. Each entry is a monthly rollup of ZFU6's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the ZFU6 archive.
What data does each monthly ZFU6 aggregate contain?
Every monthly row summarizes that month of ZFU6 option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-06 recorded an average ATM implied volatility near 3.4%, a month-end max-pain strike around $107.00, an average put/call ratio of 1.21.
How is the ZFU6 options-history archive built and how often does it update?
The archive is derived from ZFU6's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how ZFU6's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.