TDC Options History — June 2015

In June 2015, TDC traded between $36.94 and $40.00. ATM implied volatility averaged 24.2%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 1.9% (HV 20d: 22.4%). Max pain ranged from $40.00 to $42.50. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.83.

Notable Days

  • 2015-06-03: Highest Volume — 7,669 contracts
  • 2015-06-10: Largest IV drop — 15.6% change
  • 2015-06-09: Highest IV Rank — 24.2%
  • 2015-06-17: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.39$36.94$40.00$38.62$37.01
Max Pain$41.93$40.00$42.50$42.50$40.00
ATM IV24.2%20.4%28.5%24.3%25.0%
Expected Move6.9%5.8%7.5%7.0%7.2%
HV 20d22.4%17.6%30.5%27.8%21.2%
HV 60d23.7%23.0%24.4%23.3%23.3%
IV Rank11.7%0.6%24.2%12.0%14.1%
IV Percentile32.8%0.4%67.9%36.9%44.0%
Term Structure5.1%0.7%10.1%0.7%6.8%
VWIV24.0%16.7%27.0%24.8%24.5%
Skew 25d-0.3%-2.4%1.3%-2.4%-0.8%
Skew 10d-1.9%-9.1%2.4%-9.1%-2.6%
Call IV 25d25.0%22.0%26.9%26.5%25.9%
Put IV 25d24.7%21.4%27.1%24.1%25.1%
Bid-Ask Spread %46.4414.8589.3689.3617.27
Gamma HHI0.270.240.330.280.30
Net GEX-49.6K-1.1M532.2K-269.3K299.4K
Net DEX21.1M9.4M35.7M23.9M19.7M
Net VEX-318.9K-355.4K-253.0K-253.0K-295.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.830.723.830.961.75
Total Volume3,472.0451,4487,6691,5412,886
Total OI52,494.81842,01759,29242,01751,663

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$38.62$42.5024.3%7.0%27.8%12.0%24.8%-2.4%0.7%-269.3K23.9M-253.0K0.9689.36N/AN/A78575623,19818,819
2015-06-02$39.25$42.5025.0%7.2%28.7%14.0%25.6%-1.8%0.9%-13.2K19.1M-264.6K0.7286.19N/AN/A4,1433,00323,39518,838
2015-06-03$40.00$42.5023.9%6.9%30.0%10.8%26.6%-0.9%1.2%532.2K9.4M-330.0K0.8982.14N/AN/A4,0603,60926,66821,662
2015-06-04$39.10$42.5025.2%7.2%30.5%14.6%25.8%0.8%3.8%64.8K17.2M-320.1K0.8269.17N/AN/A4,1863,44227,36321,665
2015-06-05$39.19$42.5025.0%7.1%20.2%14.1%25.0%-0.1%4.4%32.8K17.0M-347.8K3.8357.33N/AN/A9023,45129,26923,445
2015-06-08$38.87$42.5027.3%7.3%19.0%20.8%26.2%0.0%4.2%-73.3K19.0M-339.2K3.5356.34N/AN/A9753,43729,50823,470
2015-06-09$38.78$42.5028.5%7.2%18.0%24.2%25.2%-0.9%3.9%-152.5K20.7M-330.8K1.2563.16N/AN/A2,6023,24729,53723,470
2015-06-10$39.02$42.5024.1%6.9%18.2%11.3%25.6%0.0%4.8%-75.4K19.2M-355.4K1.8561.07N/AN/A8801,62631,44025,003
2015-06-11$38.50$42.5023.7%6.8%17.7%10.4%25.1%-1.0%5.8%-423.7K23.1M-347.7K2.3647.32N/AN/A7181,69231,38525,008
2015-06-12$38.58$42.5024.3%7.0%17.6%11.9%24.7%-0.4%4.4%-439.4K24.6M-342.7K3.3334.25N/AN/A5191,72831,33425,066
2015-06-15$37.42$42.5024.8%7.1%19.8%13.5%27.0%1.1%4.0%-967.5K35.7M-313.8K2.6342.46N/AN/A6471,70131,32525,054
2015-06-16$38.27$42.5026.0%7.4%21.6%16.8%25.9%0.6%3.6%-1.1M28.4M-327.1K1.1339.87N/AN/A1,6531,86331,42325,862
2015-06-17$38.64$42.5026.2%7.5%22.1%17.5%25.7%1.0%2.7%-432.0K20.7M-339.7K3.0234.52N/AN/A5941,79332,50125,727
2015-06-18$39.01$42.5023.6%6.8%22.4%9.8%24.0%-0.0%5.1%106.8K16.7M-335.7K2.3541.66N/AN/A7101,66732,55925,756
2015-06-19$38.38$42.5023.8%6.8%22.9%10.4%24.3%-0.5%4.8%375.9K20.7M-331.7K1.5431.31N/AN/A62095433,55025,742
2015-06-22$38.58$42.5023.0%6.6%22.8%8.3%23.2%0.4%7.6%381.3K15.3M-330.1K1.3443.67N/AN/A61883027,71021,830
2015-06-23$38.08$42.5021.5%6.2%22.0%4.0%21.7%1.3%8.7%285.5K20.7M-310.5K0.7731.08N/AN/A1,5701,21627,79121,878
2015-06-24$37.60$40.0021.4%6.1%22.3%3.7%21.4%-0.4%8.5%169.8K24.0M-309.4K2.0036.81N/AN/A7331,46928,61522,030
2015-06-25$37.52$40.0020.4%5.8%22.3%0.6%16.7%-0.7%10.1%77.3K26.5M-297.9K1.1218.19N/AN/A1,9562,18328,81522,295
2015-06-26$37.23$40.0021.5%6.2%22.2%3.8%16.7%-1.3%8.4%220.9K22.4M-300.9K1.3423.70N/AN/A1,3951,86330,24121,210
2015-06-29$36.94$40.0024.1%6.9%22.2%11.4%22.0%-0.3%7.7%261.8K21.0M-292.7K1.7214.85N/AN/A6251,07831,22620,540
2015-06-30$37.01$40.0025.0%7.2%21.2%14.1%24.5%-0.8%6.8%299.4K19.7M-295.2K1.7517.27N/AN/A1,0481,83831,40120,262