Something to keep an eye on: Mostly large institutional traders are showing a long build up in $HYG. Net option volume delta is 650 K!
I noticed a lot of bearish pressure coming from the options market on $HYG. Check out this order imbalance! -989 K option volume delta. What is option volume delta?
30-day Implied Volatility (IV30) Climbs to its Highest Mark in 2 months
HYGiShares Iboxx $ High Yield Corporate Bond ETF79.40-0.43 (-0.5%)
The IV30 rose to 5.3, the highest level since Apr 17, 2026 when it reached 5.3. Stock Option traders are pricing in an average daily move of ±0.3%. The 52-Week historical volatility is 3.5 with an average daily move of ±0.2%. View Implied Vol