$HYG

ISHR IBX USD HIYLD CB ETF-UI

$79.94 ▼ -0.01 (-0.01%)

Free ward

Set a ward on $HYG

We DM you the instant the $81 call wall or the $79 put wall breaks. No noise, just the break.

Wall-break alerts arrive as a Discord DM.

Free ward

We DM you the instant the $81 call wall or the $79 put wall breaks.

—

Warded

We'll DM you the moment the $81 call wall breaks. Rest easy.

The Read

Next session — HYG is in vol-amplifying gamma — moves can gap; the $80 flip is the pivot. Size smaller.

IV percentile · 1y 50 · mid-range

Snapshot $79.94 · · 2026-06-12 · 16:02 ET (after hours)

Put Wall $79 active wall

Gamma Flip $80 -0.6% from flip — on the edge

Call Wall $81 active wall

spot $79.94

Regime trending — dealers are chasing the move.

Scored Levels

Where the market is positioned

Implied vs Measured

Covered Call

$80.5 · Jul 24 · 28Δ

$0.18 premium · 2%/yr annualized

Cash-Secured Put

$79 · Jul 31 · 29Δ

$0.32 premium · 3%/yr annualized

Not investment advice · Informational only

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Dealer positioning, scored in public. Methodology + sample sizes always visible.