TDC Options History — January 2009

In January 2009, TDC traded between $13.13 and $15.99. ATM implied volatility averaged 58.8%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 7.1% (HV 20d: 51.7%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.81.

Notable Days

  • 2009-01-27: Highest Volume — 250 contracts
  • 2009-01-12: Largest IV spike — 14.3% change
  • 2009-01-29: Highest IV Rank — 45.2%
  • 2009-01-29: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.68$13.13$15.99$15.92$13.13
Max Pain$14.13$12.50$17.50$17.50$15.00
ATM IV58.8%48.2%64.3%57.3%61.3%
Expected Move17.3%16.4%18.4%16.4%17.6%
HV 20d51.7%48.4%54.4%54.4%53.2%
HV 60d66.3%61.0%72.1%72.1%61.8%
IV Rank38.7%26.2%45.2%36.9%41.6%
IV Percentile75.6%57.1%83.3%75.8%77.4%
Term Structure-2.0%-7.3%3.9%1.5%-4.2%
VWIV52.1%28.7%61.8%28.7%35.0%
Skew 25d9.9%-4.1%26.4%26.4%-2.5%
Skew 10d13.5%-13.3%39.3%39.3%-1.3%
Call IV 25d52.2%34.1%63.6%34.1%59.8%
Put IV 25d62.0%50.4%71.3%60.5%57.2%
Bid-Ask Spread %41.0524.7966.4338.7329.02
Gamma HHI0.400.180.800.500.27
Net GEX-9.7K-48.1K3.5K-10.5K3.0K
Net DEX629.1K283.1K1.2M751.7K352.7K
Net VEX-3.0K-4.1K-2.3K-4.1K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.810.0024.000.150.38
Total Volume53.35025015655
Total OI7,216.451,63911,74111,6351,988

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-01-02$15.92$17.5057.3%16.4%54.4%36.9%28.7%26.4%1.5%-10.5K751.7K-4.1K0.1538.73N/AN/A136209,9471,688
2009-01-05$15.50$12.5058.7%16.6%51.7%38.5%53.5%-4.1%-1.8%-9.9K880.0K-3.8K0.0038.11N/AN/A72010,0211,669
2009-01-06$15.50$12.5055.9%16.7%50.8%35.3%0.0%10.3%-3.1%-9.8K844.3K-3.8K0.0031.20N/AN/A25010,0721,669
2009-01-07$15.52$12.5058.5%17.4%48.7%38.3%0.0%12.5%-3.4%-10.2K844.8K-3.8K0.0039.08N/AN/A3010,0721,669
2009-01-08$15.99$12.5052.3%17.2%49.5%31.1%0.0%21.2%-2.9%-15.6K614.8K-3.3K0.2037.76N/AN/A5110,0611,659
2009-01-09$15.42$12.5048.2%16.8%51.1%26.2%0.0%11.4%-2.7%-13.1K791.0K-3.5K2.4034.77N/AN/A51210,0661,658
2009-01-12$15.05$12.5055.0%16.6%51.9%34.3%0.0%6.1%-1.7%-19.5K1.0M-3.2K0.0041.88N/AN/A2010,0611,670
2009-01-13$14.88$12.5059.5%16.9%52.1%39.5%0.0%9.3%-1.6%-19.3K809.5K-3.1K0.0031.73N/AN/A10010,0621,485
2009-01-14$14.18$12.5052.5%17.0%51.8%31.3%60.0%8.4%-1.4%-13.3K1.2M-2.7K24.0065.55N/AN/A37210,0711,475
2009-01-15$14.56$15.0058.5%16.8%48.4%38.3%0.0%8.5%-1.1%-27.2K1.2M-2.7K0.0055.85N/AN/A0010,0681,533
2009-01-16$15.23$15.0060.0%17.2%50.0%40.1%60.0%10.7%-2.1%-48.1K568.9K-2.9K0.0066.43N/AN/A154010,0681,533
2009-01-20$14.31$15.0059.8%17.2%53.7%39.9%0.0%3.5%3.9%-1.5K317.8K-2.6K0.0034.87N/AN/A410856783
2009-01-21$14.61$15.0062.0%17.8%54.2%42.4%61.8%9.9%0.5%-791317.8K-2.6K5.0056.31N/AN/A1050896783
2009-01-22$14.23$15.0062.6%18.0%52.6%43.2%58.9%10.2%-1.3%-1.0K346.6K-2.5K0.0024.79N/AN/A40906793
2009-01-23$13.93$15.0062.9%18.0%52.7%43.6%0.0%3.4%-0.4%-1.1K378.9K-2.4K0.0029.82N/AN/A00910793
2009-01-26$13.88$15.0062.4%17.9%52.5%42.9%59.1%12.8%-0.8%-1.2K387.1K-2.3K0.3465.01N/AN/A3512910793
2009-01-27$14.00$15.0062.6%17.9%51.9%43.2%0.0%18.5%-6.6%-1.0K385.9K-2.3K0.0946.86N/AN/A22921945797
2009-01-28$14.12$15.0061.9%17.8%51.9%42.4%35.0%13.6%-4.7%3.0K283.1K-2.6K0.0025.55N/AN/A8101,117797
2009-01-29$13.70$15.0064.3%18.4%51.4%45.2%0.0%7.8%-7.3%3.5K291.5K-2.6K0.0027.67N/AN/A901,198787
2009-01-30$13.13$15.0061.3%17.6%53.2%41.6%0.0%-2.5%-4.2%3.0K352.7K-2.4K0.3829.02N/AN/A40151,201787