TDC Options History — June 2017

In June 2017, TDC traded between $27.34 and $30.01. ATM implied volatility averaged 24.6%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 4.2% (HV 20d: 20.4%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2017-06-12: Highest Volume — 2,926 contracts
  • 2017-06-12: Largest IV spike — 22.8% change
  • 2017-06-12: Highest IV Rank — 31.4%
  • 2017-06-14: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.59$27.34$30.01$27.62$29.60
Max Pain$28.30$27.50$30.00$27.50$27.50
ATM IV24.6%22.0%31.4%22.9%24.9%
Expected Move6.8%6.3%7.6%6.6%7.1%
HV 20d20.4%12.6%23.9%23.4%12.9%
HV 60d25.5%25.2%25.8%25.4%25.4%
IV Rank16.7%11.2%31.4%13.0%17.3%
IV Percentile31.6%12.7%69.4%18.3%35.7%
Term Structure6.0%-0.8%9.7%-0.8%7.6%
VWIV24.5%22.0%26.2%22.9%24.9%
Skew 25d3.1%-0.0%8.3%2.3%8.3%
Skew 10d6.8%0.3%14.9%2.7%8.0%
Call IV 25d22.3%17.6%25.0%17.6%20.2%
Put IV 25d25.4%18.7%28.6%19.9%28.6%
Bid-Ask Spread %15.067.8132.197.9212.00
Gamma HHI0.310.170.490.170.43
Net GEX334.4K-57.8K831.7K-18.2K633.6K
Net DEX-894.2K-6.9M3.9M3.1M-4.4M
Net VEX-73.3K-83.4K-64.0K-66.4K-80.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.112.451.610.58
Total Volume1,329.9096172,9268931,540
Total OI16,908.81814,98219,03614,98218,785

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$27.62$27.5022.9%6.6%23.4%13.0%22.9%2.3%-0.8%-18.2K3.1M-66.4K1.617.92N/AN/A3425517,6827,300
2017-06-02$27.41$27.5022.0%6.3%23.4%11.2%22.0%-0.0%-0.2%-39.1K3.6M-67.5K2.0010.72N/AN/A2725437,6637,330
2017-06-05$27.34$30.0024.0%6.3%23.0%15.5%24.7%3.8%5.9%-57.8K3.9M-64.0K2.0014.35N/AN/A2725437,6717,332
2017-06-06$27.76$30.0023.2%6.4%23.9%13.6%25.1%3.1%5.4%-15.0K3.0M-65.9K2.4016.37N/AN/A2265437,6847,330
2017-06-07$27.80$30.0023.7%6.4%23.9%14.7%25.4%3.8%5.3%-15.6K3.0M-66.2K2.4513.49N/AN/A2225437,6897,330
2017-06-08$27.79$30.0022.7%6.4%23.9%12.5%25.6%3.7%5.5%-14.1K3.0M-66.0K1.9813.07N/AN/A2765477,6887,330
2017-06-09$27.87$30.0025.5%7.0%23.6%18.8%24.3%2.2%4.7%13.9K2.3M-67.1K0.2413.41N/AN/A2,3265487,7267,337
2017-06-12$28.06$30.0031.4%7.1%23.4%31.4%23.6%2.1%3.9%160.4K1.3M-70.2K0.2415.20N/AN/A2,3555718,9037,337
2017-06-13$28.40$30.0030.5%6.9%23.4%29.5%25.8%2.7%4.7%216.9K356.2K-70.2K1.3414.88N/AN/A4095508,9477,339
2017-06-14$28.42$27.5026.6%7.6%23.4%21.1%25.8%3.0%3.1%212.8K28.5K-72.0K0.3728.77N/AN/A1,5005509,0377,344
2017-06-15$28.39$27.5025.6%7.3%20.4%18.8%25.9%2.4%3.5%331.4K-664.4K-72.8K1.0811.95N/AN/A59764410,0127,344
2017-06-16$28.29$27.5025.3%7.3%20.2%18.2%26.2%2.1%4.1%304.7K-357.9K-74.0K1.3314.99N/AN/A42356310,0757,408
2017-06-19$28.62$27.5024.5%7.0%19.8%16.4%26.2%2.6%8.5%381.5K-694.4K-72.7K0.917.81N/AN/A6826219,7047,233
2017-06-20$28.48$27.5024.0%6.9%19.2%15.5%24.8%2.5%8.9%348.2K-437.9K-73.3K0.307.84N/AN/A6261869,9547,397
2017-06-21$28.93$27.5022.9%6.6%19.8%13.0%23.5%4.9%9.1%454.9K-1.6M-76.7K0.2210.02N/AN/A1,7673919,9517,435
2017-06-22$29.24$27.5023.4%6.7%19.6%14.1%23.3%5.0%9.0%700.5K-3.6M-80.4K0.1611.55N/AN/A1,06817211,0147,651
2017-06-23$29.74$27.5022.8%6.5%19.3%12.9%23.5%2.1%9.3%812.5K-6.6M-83.4K0.3923.30N/AN/A44517211,3097,662
2017-06-26$29.72$27.5023.8%6.8%18.9%15.0%23.8%1.6%8.3%831.7K-6.9M-80.6K0.1132.19N/AN/A1,81019811,3697,667
2017-06-27$29.62$27.5023.2%6.6%17.9%13.6%23.2%7.1%9.7%698.1K-5.0M-80.5K1.0112.55N/AN/A55856210,7107,689
2017-06-28$30.01$27.5023.3%6.7%12.6%13.8%23.1%1.6%9.3%739.0K-6.9M-81.3K1.2320.28N/AN/A45455810,7338,084
2017-06-29$29.84$27.5025.1%7.2%12.8%17.7%25.0%2.2%8.2%676.6K-6.0M-80.7K0.5918.65N/AN/A96556710,7378,072
2017-06-30$29.60$27.5024.9%7.1%12.9%17.3%24.9%8.3%7.6%633.6K-4.4M-80.0K0.5812.00N/AN/A97356710,7038,082