Home Options HYGExpected Move

HYG

iShares iBoxx High Yield Corporate Bond ETFClose $79.71EOD only

Max Pain

$79.50

Next expiry Jul 10, 2026

Expected Move

±$0.42

0.5% from close

Price Gap

-0.21

Distance to max pain

IV Rank

Low premium

P/C OI

3.63

Slightly put-heavy

Consensus

4.5/10

Bearish tilt

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects HYG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jul 2, 2026 close

Expected Move — HYG

Data as of market close Jul 2, 2026

Nearest expiration 2026-07-10 implies ±0.5% ($79.29–$80.13) around spot. Compare the implied range across expirations to gauge term-structure shifts in uncertainty.

What options structure fits this move profile?

Use ±0.5% to pick a defined-risk setup with explicit trigger and invalidation.

Open move-to-structure report

Nearest Expiry: 2026-07-10
Expected Move: ±0.5%
Expected Range: $79.29–$80.13
Days to Expiry: 8
ATM Strike: $79.50
Spot Price: $79.71

Expected Move by Expiration (spot: $79.71)

Move-to-Structure Rationale

Translate implied range into a setup before choosing strikes.

Options are pricing ±0.3% to $79.46-$79.96. Use this as the anchor for structure selection, risk budget, and invalidation width.

Compare directional, theta, and flow lenses using the same move profile.

See structure rationale in the full report

Expected Move by Expiration

Expiration	DTE	ATM Strike	Expected Move	Move %	Lower Bound	Upper Bound
2026-07-02	0	$79.50	±$0.25	±0.3%	$79.46	$79.96
2026-07-10	8	$79.50	±$0.42	±0.5%	$79.29	$80.13
2026-07-17	15	$79.50	±$0.51	±0.6%	$79.20	$80.21
2026-07-24	22	$79.50	±$0.48	±0.6%	$79.23	$80.19
2026-07-31	29	$79.50	±$0.25	±0.3%	$79.46	$79.96
2026-08-21	50	$80.00	±$0.88	±1.1%	$78.83	$80.58
2026-09-18	78	$80.00	±$1.28	±1.6%	$78.42	$80.99
2026-10-16	106	$80.00	±$2.27	±2.9%	$77.44	$81.98
2026-11-20	141	$80.00	±$2.77	±3.5%	$76.94	$82.48
2026-12-18	169	$80.00	±$2.85	±3.6%	$76.85	$82.56
2027-01-15	197	$80.00	±$3.23	±4.0%	$76.48	$82.93
2027-02-19	232	$80.00	±$4.22	±5.3%	$75.48	$83.93
2027-03-19	260	$80.00	±$1.05	±1.3%	$78.66	$80.76
2027-04-16	288	$80.00	±$3.14	±3.9%	$76.57	$82.85
2027-05-21	323	$80.00	±$3.33	±4.2%	$76.38	$83.04

Finished scanning expirations?

Use the report to pick the structure that best matches the move curve and risk profile.

Continue to directional report

HYG expected move by expiration
Expiration	Days to Expiry	ATM Strike	Expected Move	Move %	Lower Bound	Upper Bound
2026-07-02	0	79.5	0.25	0.31	79.46	79.96
2026-07-10	8	79.5	0.42	0.53	79.29	80.13
2026-07-17	15	79.5	0.51	0.63	79.2	80.21
2026-07-24	22	79.5	0.48	0.6	79.23	80.19
2026-07-31	29	79.5	0.25	0.31	79.46	79.96
2026-08-21	50	80	0.88	1.1	78.83	80.58
2026-09-18	78	80	1.28	1.61	78.42	80.99
2026-10-16	106	80	2.27	2.85	77.44	81.98
2026-11-20	141	80	2.77	3.48	76.94	82.48
2026-12-18	169	80	2.85	3.58	76.85	82.56
2027-01-15	197	80	3.23	4.05	76.48	82.93
2027-02-19	232	80	4.22	5.3	75.48	83.93
2027-03-19	260	80	1.05	1.32	78.66	80.76
2027-04-16	288	80	3.14	3.94	76.57	82.85
2027-05-21	323	80	3.33	4.18	76.38	83.04

How to Use Expected Move

Read the implied range as a volatility map from the latest published close, not as a price target.

What it represents

Expected move estimates the range options are pricing for each expiration, roughly around a one-standard-deviation move from the current spot level.

How traders use it

It helps frame breakout distance, premium-selling width, and whether a proposed strike sits inside or outside what the market is already pricing.

What to remember

The range is probability framing, not certainty. Stocks can easily finish well inside or well outside the expected move when catalysts hit.

Use expected move with structure, liquidity, and catalyst context before treating a range as actionable.

HYG

What options structure fits this move profile?

HYG Expected Move Data

Expected Move by Expiration (spot: $79.71)

Expected Move by Expiration

Finished scanning expirations?