TDC Options History — August 2017

In August 2017, TDC traded between $30.15 and $32.57. ATM implied volatility averaged 22.7%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 2.9% (HV 20d: 25.6%). Max pain ranged from $30.00 to $32.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 0.91.

Notable Days

  • 2017-08-18: Highest Volume — 3,939 contracts
  • 2017-08-07: Largest IV spike — 16.2% change
  • 2017-08-08: Highest IV Rank — 18.5%
  • 2017-08-11: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.19$30.15$32.57$32.57$31.91
Max Pain$30.11$30.00$32.50$30.00$30.00
ATM IV22.7%18.9%25.4%23.5%18.9%
Expected Move6.5%5.4%7.0%6.7%5.4%
HV 20d25.6%12.5%30.5%30.5%15.2%
HV 60d22.5%20.5%23.9%23.6%20.9%
IV Rank12.7%4.4%18.5%14.4%4.4%
IV Percentile22.0%0.4%45.6%30.6%0.4%
Term Structure0.7%-0.9%1.8%-0.8%1.5%
VWIV21.3%17.0%23.9%23.7%18.5%
Skew 25d2.6%-0.7%10.0%10.0%4.4%
Skew 10d3.9%-5.0%14.5%14.5%7.6%
Call IV 25d21.1%17.5%23.2%17.5%17.9%
Put IV 25d23.7%20.2%27.7%27.5%22.3%
Bid-Ask Spread %15.377.5226.5119.678.33
Gamma HHI0.360.180.820.290.20
Net GEX676.4K80.7K3.0M594.4K245.4K
Net DEX-10.1M-19.0M-619.3K-19.0M-4.9M
Net VEX-56.0K-68.5K-47.6K-65.4K-49.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.052.112.110.77
Total Volume842.6523983,939735437
Total OI17,721.78313,86820,23919,13414,293

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$32.57$30.0023.5%6.7%30.5%14.4%23.7%10.0%-0.8%594.4K-19.0M-65.4K2.1119.67N/AN/A23649911,1947,940
2017-08-02$32.35$30.0024.3%7.0%30.2%16.2%20.2%8.3%-0.5%628.9K-18.0M-68.5K1.2817.91N/AN/A43555711,7968,216
2017-08-03$32.16$30.0022.8%6.7%27.5%12.9%23.1%1.7%0.2%590.9K-18.9M-64.9K1.3011.52N/AN/A43656911,9148,231
2017-08-04$31.87$30.0021.7%6.8%28.0%10.4%23.3%2.3%-0.9%682.9K-17.9M-62.0K1.4015.37N/AN/A40556911,8878,254
2017-08-07$31.95$30.0025.2%6.7%28.0%18.0%23.0%1.3%0.2%667.3K-16.4M-65.4K2.1010.48N/AN/A27657911,9328,254
2017-08-08$31.58$30.0025.4%6.7%28.6%18.5%22.7%1.3%0.5%745.7K-14.6M-65.7K1.8815.25N/AN/A30657411,9298,264
2017-08-09$31.51$32.5021.7%6.2%28.7%10.4%22.6%1.4%1.2%735.5K-14.3M-62.7K1.7219.58N/AN/A34158511,9218,271
2017-08-10$30.92$30.0024.1%6.9%29.7%15.7%23.4%2.4%0.7%1.0M-12.1M-62.9K0.9415.87N/AN/A54651311,9598,269
2017-08-11$30.90$30.0024.5%7.0%29.7%16.5%22.8%2.7%0.5%1.1M-11.6M-63.1K0.3726.51N/AN/A48417911,9218,310
2017-08-14$31.09$30.0023.8%6.8%29.7%15.0%22.2%3.7%-0.1%968.2K-13.7M-55.8K0.8415.09N/AN/A22919311,9228,317
2017-08-15$31.09$30.0022.7%6.5%29.6%12.5%21.4%0.5%1.7%578.5K-15.4M-53.9K0.837.52N/AN/A25721411,9178,313
2017-08-16$30.93$30.0023.2%6.7%29.7%13.7%20.9%0.2%0.6%612.5K-15.1M-52.4K0.888.87N/AN/A24321411,8968,313
2017-08-17$30.41$30.0023.7%6.8%30.5%14.7%22.1%2.9%0.4%2.2M-10.8M-53.1K0.7117.18N/AN/A29721211,8928,313
2017-08-18$30.16$30.0022.8%6.5%30.5%12.9%23.9%1.4%0.7%3.0M-13.0M-51.2K0.0515.89N/AN/A3,74319611,9028,301
2017-08-21$30.15$30.0021.8%6.2%30.5%10.6%22.1%2.3%1.7%80.7K-619.3K-49.9K0.4218.35N/AN/A4411876,7157,165
2017-08-22$30.47$30.0022.2%6.4%30.3%11.5%23.4%4.1%1.2%109.6K-1.2M-48.7K0.4417.90N/AN/A4291876,6707,198
2017-08-23$30.55$30.0022.2%6.4%30.1%11.5%18.5%-0.7%0.8%123.6K-1.4M-48.2K0.2512.91N/AN/A7611876,6737,198
2017-08-24$30.79$30.0021.7%6.2%15.5%10.4%17.0%1.3%1.0%140.2K-1.9M-48.4K0.2515.19N/AN/A7331846,6827,197
2017-08-25$30.90$30.0020.8%6.0%15.6%8.6%19.2%2.1%1.8%153.7K-2.2M-48.1K0.7215.35N/AN/A2311676,7077,195
2017-08-28$31.00$30.0022.1%6.3%14.9%11.4%17.1%2.5%0.7%159.7K-2.4M-47.6K0.4016.97N/AN/A4601846,7227,195
2017-08-29$31.01$30.0021.7%6.2%12.5%10.4%20.3%1.5%1.4%177.4K-2.9M-49.7K0.5115.10N/AN/A3231666,9567,215
2017-08-30$31.21$30.0021.7%6.2%12.7%10.5%19.2%2.5%1.6%192.1K-3.4M-49.8K0.6516.76N/AN/A2521657,0377,235
2017-08-31$31.91$30.0018.9%5.4%15.2%4.4%18.5%4.4%1.5%245.4K-4.9M-49.8K0.778.33N/AN/A2471907,0587,235