TDC Options History — April 2017

In April 2017, TDC traded between $29.19 and $32.05. ATM implied volatility averaged 28.9%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 11.0% (HV 20d: 17.9%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 13.40.

Notable Days

  • 2017-04-11: Highest Volume — 5,108 contracts
  • 2017-04-12: Largest IV spike — 55.7% change
  • 2017-04-26: Highest IV Rank — 47.2%
  • 2017-04-26: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.68$29.19$32.05$30.47$29.19
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV28.9%19.8%39.8%21.1%19.8%
Expected Move9.0%5.7%11.4%6.0%5.7%
HV 20d17.9%13.4%36.0%15.2%35.9%
HV 60d24.4%23.3%30.1%23.9%30.1%
IV Rank22.3%1.5%47.2%4.4%1.5%
IV Percentile39.9%0.4%79.4%1.6%0.4%
Term Structure-3.3%-11.0%11.8%11.6%1.2%
VWIV31.3%18.6%42.4%18.6%19.8%
Skew 25d3.0%-3.2%5.6%-1.9%5.0%
Skew 10d7.3%-5.4%16.4%-3.7%9.5%
Call IV 25d30.4%17.0%38.6%21.9%18.9%
Put IV 25d33.5%18.9%42.1%20.1%24.0%
Bid-Ask Spread %53.4433.8192.9674.1634.01
Gamma HHI0.230.180.560.220.20
Net GEX181.6K-29.4K921.7K166.2K233.0K
Net DEX-2.7M-9.3M220.6K-1.8M220.6K
Net VEX-87.2K-92.4K-80.7K-91.8K-80.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio13.401.2128.9417.003.09
Total Volume4,258.9472,6455,1085,0583,536
Total OI16,064.05313,39317,20616,44615,175

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$30.47$30.0021.1%6.0%15.2%4.4%18.6%-1.9%11.6%166.2K-1.8M-91.8K17.0074.16N/AN/A2814,7778,5617,885
2017-04-04$30.37$30.0020.8%6.0%15.0%3.9%19.9%-3.2%11.4%132.2K-1.3M-91.4K21.7167.24N/AN/A2204,7778,5647,916
2017-04-05$30.14$30.0020.3%5.8%15.2%2.7%20.3%1.9%11.8%65.0K-501.5K-90.4K22.3192.96N/AN/A2144,7748,5657,916
2017-04-06$30.19$30.0020.2%9.3%15.1%2.5%32.4%4.1%-5.1%69.1K-675.4K-89.8K28.0942.72N/AN/A1704,7758,5647,889
2017-04-07$30.29$30.0020.1%9.3%14.8%2.3%32.3%3.7%-4.9%73.1K-862.5K-87.4K28.9450.66N/AN/A1654,7758,5647,890
2017-04-10$30.29$30.0020.7%9.5%14.4%3.7%32.1%3.2%-5.8%49.7K-963.1K-86.4K15.9350.68N/AN/A2944,6848,5667,890
2017-04-11$30.43$30.0021.5%9.9%14.5%5.3%32.4%4.4%-6.2%75.2K-1.3M-86.6K14.5351.59N/AN/A3294,7798,5637,893
2017-04-12$30.26$30.0033.4%9.6%14.5%32.6%32.9%3.1%-5.4%-27.7K-848.8K-85.5K19.6742.83N/AN/A2434,7798,5727,993
2017-04-13$30.49$30.0033.9%9.7%14.8%33.6%33.4%4.2%-6.5%-29.4K-1.5M-86.3K22.0541.41N/AN/A2174,7848,5907,993
2017-04-17$31.01$30.0035.4%10.2%15.4%37.1%35.1%4.6%-7.0%125.9K-2.9M-85.8K22.6759.25N/AN/A2114,7848,6167,994
2017-04-18$31.03$30.0035.3%10.1%15.3%36.9%34.4%4.1%-6.6%62.9K-3.1M-85.3K9.4950.93N/AN/A2722,5818,6747,995
2017-04-19$31.31$30.0035.5%10.2%13.4%37.2%35.5%4.9%-7.9%138.8K-4.2M-85.3K5.8854.35N/AN/A4412,5958,7137,998
2017-04-20$31.98$30.0035.7%10.2%15.1%37.8%36.9%5.6%-8.3%921.7K-6.5M-88.0K3.2156.78N/AN/A7982,5598,9148,048
2017-04-21$31.09$30.0038.3%11.0%18.6%43.7%36.8%3.0%-11.0%186.6K-4.7M-87.0K5.9058.73N/AN/A4212,4849,1678,039
2017-04-24$31.42$30.0035.0%10.0%18.9%36.2%36.1%4.5%-5.3%209.7K-4.2M-86.3K9.0246.98N/AN/A2642,3817,0326,361
2017-04-25$31.49$30.0039.0%11.2%18.9%45.2%42.4%4.3%-8.2%210.4K-4.3M-88.5K1.3751.07N/AN/A1,8042,4757,0696,376
2017-04-26$32.05$30.0039.8%11.4%19.5%47.2%40.8%2.6%-9.2%379.9K-9.3M-92.4K2.6355.26N/AN/A9242,4268,6696,478
2017-04-27$29.48$30.0023.3%6.7%36.0%9.5%23.3%-0.7%-2.0%408.9K-1.8M-82.1K1.2133.81N/AN/A2,2322,6958,9736,552
2017-04-28$29.19$30.0019.8%5.7%35.9%1.5%19.8%5.0%1.2%233.0K220.6K-80.7K3.0934.01N/AN/A8652,6718,3556,820