TDC Options History — May 2015

In May 2015, TDC traded between $38.71 and $45.28. ATM implied volatility averaged 28.1%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 0.6% (HV 20d: 27.5%). Max pain ranged from $42.50 to $45.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.80.

Notable Days

  • 2015-05-07: Highest Volume — 16,210 contracts
  • 2015-05-07: Largest IV drop — 52.2% change
  • 2015-05-06: Highest IV Rank — 90.5%
  • 2015-05-01: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.00$38.71$45.28$45.00$38.98
Max Pain$43.25$42.50$45.00$45.00$42.50
ATM IV28.1%21.6%51.4%39.8%23.7%
Expected Move7.2%6.2%11.4%11.4%6.8%
HV 20d27.5%17.9%30.5%18.8%29.8%
HV 60d24.2%21.9%31.6%31.6%23.4%
IV Rank23.0%4.1%90.5%56.8%10.3%
IV Percentile38.1%4.0%98.8%89.7%22.6%
Term Structure-0.5%-11.4%1.6%-11.4%0.6%
VWIV25.2%21.3%39.6%39.6%23.1%
Skew 25d1.0%-1.5%3.0%0.6%-1.5%
Skew 10d0.5%-7.0%6.0%2.1%-7.0%
Call IV 25d25.2%22.0%40.7%40.7%25.3%
Put IV 25d26.2%22.3%41.4%41.4%23.8%
Bid-Ask Spread %48.4714.9185.4530.1238.94
Gamma HHI0.300.220.400.330.27
Net GEX-10.9K-516.6K752.3K752.3K-275.6K
Net DEX12.2M-9.1M26.9M-8.5M23.0M
Net VEX-225.5K-288.2K-93.1K-112.0K-256.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.035.483.170.41
Total Volume3,879.0523216,2102,0112,940
Total OI33,807.3518,37241,86418,37240,729

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-05-01$45.00$45.0039.8%11.4%18.8%56.8%39.6%0.6%-11.4%752.3K-8.5M-112.0K3.1730.12N/AN/A4821,52910,5037,869
2015-05-04$45.28$45.0043.3%8.2%18.1%67.1%28.4%2.3%-2.5%690.1K-9.1M-115.0K2.0429.53N/AN/A12224910,5998,911
2015-05-05$44.65$45.0046.7%8.4%17.9%76.8%30.1%1.9%-2.4%585.9K-4.8M-115.3K3.9126.14N/AN/A4631,81010,6279,108
2015-05-06$44.75$45.0051.4%8.5%17.9%90.5%30.0%3.0%-2.4%553.1K-4.7M-116.0K0.8539.33N/AN/A1,6911,43110,6519,342
2015-05-07$41.81$45.0024.6%6.6%29.6%12.7%23.5%1.5%0.4%-364.0K14.3M-93.1K0.9970.24N/AN/A8,1388,07211,7299,323
2015-05-08$40.86$45.0023.2%6.7%29.6%8.8%22.4%1.9%0.9%-465.0K14.9M-243.1K0.8228.46N/AN/A27322318,82615,156
2015-05-11$40.11$42.5026.7%6.7%29.9%19.1%23.8%2.0%0.5%-516.6K19.0M-231.6K0.3022.79N/AN/A2,32270019,05715,175
2015-05-12$40.05$42.5027.6%6.9%29.6%21.4%24.8%2.0%0.2%-356.4K16.1M-248.3K1.5924.21N/AN/A2,2603,59320,92015,674
2015-05-13$40.62$42.5024.9%7.2%30.2%13.8%25.8%0.7%0.0%-321.5K14.6M-283.4K0.8970.94N/AN/A4,1053,63721,84718,001
2015-05-14$40.81$42.5024.1%6.9%30.3%11.6%25.7%0.6%-0.0%6.0K11.3M-288.2K2.2575.86N/AN/A1,7023,82723,84718,017
2015-05-15$40.21$42.5023.1%6.6%30.3%8.5%23.6%1.4%1.0%-273.5K14.1M-275.3K0.7681.59N/AN/A5,0153,81323,76517,888
2015-05-18$40.46$42.5022.8%6.5%30.5%7.7%23.5%1.7%1.3%276.7K11.0M-285.1K0.3580.28N/AN/A2789720,29917,313
2015-05-19$40.29$42.5023.2%6.6%30.2%8.7%23.6%0.9%0.6%219.1K12.5M-282.2K0.0378.89N/AN/A225720,49217,352
2015-05-20$40.31$42.5022.7%6.5%30.0%7.2%22.7%1.3%0.7%242.9K12.6M-280.2K4.1785.45N/AN/A8123,38320,64917,355
2015-05-21$39.98$42.5021.7%6.2%29.3%4.4%22.1%-0.4%1.6%119.0K14.7M-274.9K4.2973.10N/AN/A7663,28720,65517,467
2015-05-22$39.57$42.5021.6%6.2%29.3%4.1%21.3%-0.0%0.5%6.1K17.3M-267.4K5.4814.91N/AN/A5713,13120,67917,479
2015-05-26$38.71$42.5024.1%6.9%29.9%11.4%24.0%-0.2%-0.0%-299.8K24.7M-247.1K1.2215.62N/AN/A1,3571,65120,74617,636
2015-05-27$38.81$42.5023.2%6.7%29.5%8.9%23.3%-0.5%0.3%-334.5K24.4M-252.0K1.2042.99N/AN/A9081,08721,47318,435
2015-05-28$38.75$42.5023.5%6.8%29.5%9.8%23.5%1.6%-0.0%-461.9K26.9M-243.6K1.2239.92N/AN/A73389121,83918,714
2015-05-29$38.98$42.5023.7%6.8%29.8%10.3%23.1%-1.5%0.6%-275.6K23.0M-256.6K0.4138.94N/AN/A2,08185921,96218,767