TDC Options History — October 2017

In October 2017, TDC traded between $32.08 and $34.09. ATM implied volatility averaged 33.6%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 17.2% (HV 20d: 16.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.16.

Notable Days

  • 2017-10-31: Highest Volume — 3,383 contracts
  • 2017-10-11: Largest IV spike — 42.9% change
  • 2017-10-31: Highest IV Rank — 66.6%
  • 2017-10-31: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.02$32.08$34.09$33.96$33.48
Max Pain$32.39$30.00$35.00$30.00$32.50
ATM IV33.6%23.3%47.6%23.7%47.6%
Expected Move10.1%6.7%13.7%6.8%13.7%
HV 20d16.4%13.1%20.6%20.6%19.6%
HV 60d20.7%17.3%23.2%21.8%18.4%
IV Rank36.2%13.9%66.6%14.7%66.6%
IV Percentile73.4%36.5%97.2%38.5%97.2%
Term Structure-6.0%-13.4%8.1%6.9%-13.4%
VWIV35.7%24.6%47.9%25.4%47.9%
Skew 25d3.4%0.8%6.5%3.4%5.7%
Skew 10d9.2%1.7%21.2%3.9%16.7%
Call IV 25d34.2%21.9%44.9%22.8%44.9%
Put IV 25d37.6%25.2%50.5%26.2%50.5%
Bid-Ask Spread %26.728.1654.338.1635.01
Gamma HHI0.320.260.450.320.30
Net GEX385.6K38.8K743.6K554.5K156.9K
Net DEX-6.0M-11.0M-1.3M-10.9M-4.5M
Net VEX-42.3K-45.9K-39.8K-44.3K-41.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.105.320.520.10
Total Volume781.2734123,3834753,383
Total OI15,200.27313,76916,46015,14414,264

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$33.96$30.0023.7%6.8%20.6%14.7%25.4%3.4%6.9%554.5K-10.9M-44.3K0.528.16N/AN/A3121637,8767,268
2017-10-03$34.09$30.0023.5%6.7%19.5%14.4%24.6%4.0%7.1%550.5K-11.0M-45.9K0.579.66N/AN/A2741577,8757,277
2017-10-04$33.71$30.0025.3%7.2%18.1%18.2%24.6%0.8%8.1%549.7K-10.2M-43.6K0.628.89N/AN/A2551577,8577,276
2017-10-05$33.67$32.5025.1%9.6%17.0%17.7%32.5%2.7%-5.2%538.3K-9.8M-44.5K0.2818.55N/AN/A6161717,8317,276
2017-10-06$33.42$32.5023.3%9.4%17.6%13.9%32.8%2.7%-5.3%585.6K-9.6M-42.6K0.2416.98N/AN/A7001698,1277,297
2017-10-09$33.12$32.5024.9%9.7%14.0%17.4%34.1%1.8%-6.1%517.8K-8.3M-42.9K0.6916.61N/AN/A2441697,9467,308
2017-10-10$33.05$32.5024.5%9.7%14.1%16.4%33.4%2.2%-6.1%539.2K-7.9M-42.2K0.6314.04N/AN/A2671697,9517,311
2017-10-11$32.67$32.5034.9%10.0%14.3%39.1%35.0%2.5%-7.8%569.1K-7.0M-41.4K3.5012.90N/AN/A3411,1927,9837,311
2017-10-12$32.60$32.5034.9%10.0%13.8%39.0%35.0%3.5%-7.6%473.0K-5.2M-44.5K4.0614.09N/AN/A2921,1868,0138,344
2017-10-13$33.20$35.0035.0%10.0%13.7%39.2%34.9%2.2%-7.7%425.1K-7.2M-45.1K5.3215.53N/AN/A2211,1768,0568,365
2017-10-16$32.95$35.0035.8%10.3%13.1%41.0%35.2%3.1%-7.9%466.9K-6.5M-44.6K0.7312.17N/AN/A2541868,0608,366
2017-10-17$32.08$32.5035.7%10.2%16.2%40.7%36.2%1.7%-8.1%500.1K-3.1M-42.5K0.5714.41N/AN/A3081778,0888,372
2017-10-18$32.25$32.5036.0%10.3%16.1%41.5%36.7%4.0%-8.8%637.6K-3.4M-41.8K0.5716.74N/AN/A3131788,0338,342
2017-10-19$32.30$32.5036.6%10.5%15.8%42.8%36.8%4.4%-8.9%743.6K-3.7M-42.0K0.6514.99N/AN/A2661748,0318,342
2017-10-20$32.52$32.5036.9%10.6%16.0%43.3%38.4%4.1%-9.6%88.7K-6.7M-40.8K1.8850.02N/AN/A2735138,0538,340
2017-10-23$32.17$32.5038.3%11.0%16.3%46.5%38.4%2.5%-7.5%38.8K-1.3M-39.8K1.5550.29N/AN/A2033146,0847,685
2017-10-24$32.53$32.5038.3%11.0%16.3%46.4%39.7%2.6%-7.6%63.1K-2.1M-40.6K0.7554.04N/AN/A2431836,1227,706
2017-10-25$32.59$32.5038.3%11.0%15.7%46.5%39.9%4.9%-8.0%62.4K-2.1M-40.4K0.6454.33N/AN/A2651696,1347,749
2017-10-26$32.59$32.5039.2%11.2%15.5%48.3%41.1%4.2%-8.4%67.7K-2.1M-40.2K0.6051.42N/AN/A2811696,1927,750
2017-10-27$33.49$32.5039.9%11.4%18.6%49.9%39.5%5.2%-9.0%154.6K-4.3M-39.8K0.4653.25N/AN/A4021856,2557,748
2017-10-30$33.92$32.5041.1%11.8%19.1%52.4%42.6%6.5%-10.6%200.5K-5.3M-40.2K0.6645.80N/AN/A3132056,3917,751
2017-10-31$33.48$32.5047.6%13.7%19.6%66.6%47.9%5.7%-13.4%156.9K-4.5M-41.2K0.1035.01N/AN/A3,0753086,4807,784