HYG High Yield Bond ETF
HYG IV Rank — are High Yield Bond ETF's options cheap or expensive right now?
IV Rank
34
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
9%
IV Percentile
47%
52-wk IV high
18%
52-wk IV low
4%
Where current IV sits in its 52-week range
4%18%
High Yield Bond ETF's options are currently moderately priced. With an IV Rank of 34, implied volatility sits in the middle of its 1-year range and richer than roughly 47% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.
Suggested play
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for HYG →
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Frequently asked
What does an IV Rank of 34 mean for HYG?
It means High Yield Bond ETF's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell HYG options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.
IV Rank data is 15-minute delayed. Educational information, not investment advice.