TDC Options History — February 2017

In February 2017, TDC traded between $29.50 and $32.76. ATM implied volatility averaged 33.0%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 4.4% (HV 20d: 28.6%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.38.

Notable Days

  • 2017-02-15: Highest Volume — 10,951 contracts
  • 2017-02-08: Largest IV drop — 45.3% change
  • 2017-02-06: Highest IV Rank — 100.0%
  • 2017-02-01: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.03$29.50$32.76$29.50$31.12
Max Pain$29.08$27.50$30.00$30.00$30.00
ATM IV33.0%21.8%63.0%52.6%24.9%
Expected Move8.2%6.2%15.1%15.1%7.1%
HV 20d28.6%14.7%35.3%19.8%35.3%
HV 60d25.5%21.4%28.0%22.2%26.9%
IV Rank28.6%0.0%100.0%79.3%7.6%
IV Percentile31.8%0.0%100.0%97.2%9.1%
Term Structure-1.8%-15.6%1.7%-15.6%1.4%
VWIV28.5%18.5%53.1%53.1%22.7%
Skew 25d2.5%0.6%5.3%4.3%0.9%
Skew 10d4.2%-4.9%15.2%7.7%-0.6%
Call IV 25d28.3%20.7%52.5%52.5%24.8%
Put IV 25d30.8%24.1%56.8%56.8%25.7%
Bid-Ask Spread %27.3312.5966.6023.8824.54
Gamma HHI0.370.200.750.350.23
Net GEX462.4K161.6K1.5M397.4K226.8K
Net DEX-6.0M-16.6M-3.5M-5.9M-3.5M
Net VEX-71.4K-110.4K-35.9K-35.9K-106.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.292.321.152.29
Total Volume5,428.94751510,9515157,282
Total OI13,813.2637,89721,8497,89716,385

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$29.50$30.0052.6%15.1%19.8%79.3%53.1%4.3%-15.6%397.4K-5.9M-35.9K1.1523.88N/AN/A2402756,8651,032
2017-02-02$29.81$27.5053.5%10.8%15.2%81.6%39.0%4.7%-5.9%427.0K-6.5M-36.3K0.8826.66N/AN/A3282876,9181,060
2017-02-03$30.22$27.5056.2%10.8%14.9%97.5%39.3%3.3%-4.2%455.5K-7.4M-37.4K0.9025.30N/AN/A4143716,9151,057
2017-02-06$29.90$27.5060.8%11.0%15.1%100.0%39.2%3.5%-5.3%420.3K-6.5M-37.0K0.6921.95N/AN/A3882666,9561,283
2017-02-07$29.91$27.5063.0%10.9%14.8%100.0%39.9%3.8%-4.5%417.5K-6.4M-36.7K0.9320.20N/AN/A2992786,9971,324
2017-02-08$30.17$27.5034.5%9.9%14.7%30.3%35.0%3.0%-4.4%476.2K-6.6M-36.3K1.2027.97N/AN/A2,3532,8176,9571,379
2017-02-09$32.76$27.5021.8%6.2%31.7%0.0%22.2%2.7%1.7%1.5M-16.6M-39.7K0.2944.54N/AN/A5,8151,6988,2283,741
2017-02-10$31.70$27.5023.1%6.6%34.7%3.3%23.9%1.2%0.3%777.5K-7.1M-40.0K0.4527.86N/AN/A1,7307817,7174,996
2017-02-13$31.85$30.0022.9%6.6%34.7%2.7%23.9%0.6%0.1%836.8K-7.2M-40.2K0.6226.95N/AN/A1,2517767,6965,180
2017-02-14$31.66$30.0023.4%6.7%34.2%4.1%24.2%1.7%0.1%734.6K-6.4M-39.7K1.3622.76N/AN/A4,6286,2857,7035,192
2017-02-15$31.64$30.0022.4%6.4%33.9%1.5%24.2%1.0%0.7%645.2K-5.7M-110.4K1.3943.62N/AN/A4,5756,37610,93110,886
2017-02-16$31.04$30.0025.4%7.3%34.5%8.8%25.7%2.1%-0.2%175.9K-3.9M-109.2K1.7021.31N/AN/A3,7206,31910,93710,885
2017-02-17$31.06$30.0024.5%7.0%34.5%6.7%18.5%2.6%0.5%161.6K-3.7M-109.5K1.3018.24N/AN/A3,7074,80210,95810,891
2017-02-21$31.74$30.0024.3%7.0%34.9%6.1%20.5%5.3%0.2%192.2K-4.5M-110.0K2.0917.77N/AN/A2,3294,8658,1238,095
2017-02-22$31.40$30.0024.6%7.0%35.3%6.8%23.4%0.7%-0.9%206.0K-4.0M-108.5K2.1766.60N/AN/A2,2374,8568,1987,959
2017-02-23$31.39$30.0023.0%6.6%35.1%2.9%22.2%1.9%1.0%222.1K-4.3M-107.4K2.3212.59N/AN/A2,1314,9348,3687,973
2017-02-24$31.29$30.0022.4%6.4%35.1%1.5%21.9%1.4%0.6%233.3K-3.8M-108.5K2.2326.71N/AN/A2,1374,7678,4107,906
2017-02-27$31.39$30.0023.0%6.6%35.1%3.0%22.9%2.7%1.0%230.6K-3.9M-107.6K2.2219.88N/AN/A2,1194,7148,4057,946
2017-02-28$31.12$30.0024.9%7.1%35.3%7.6%22.7%0.9%1.4%226.8K-3.5M-106.4K2.2924.54N/AN/A2,2105,0728,4447,941