This page lists most active fixed income (government and corporate bond) ETFs by options volume.

ETF options volume in 2026
rank symbol avg_daily_volume etf_name
  6. TLT    =   171,140  =  ISHARES 20+ YEAR TREASURY BOND ETF 
 16. HYG    =    42,401  =  ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF
 45. LQD    =     9,041  =  ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF  
 59. IEF    =     4,695  =  ISHARES 7-10 YEAR TREASURY BOND ETF 
 62. TMF    =     4,299  =  DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES

Top options trading vehicles in fixed income ETFs are TLT for government bonds (most active options by a wide margin), HYG for high yield corporate bonds, and LQD for investment grade corporate bonds.