TDC Options History — June 2018

In June 2018, TDC traded between $39.64 and $44.00. ATM implied volatility averaged 24.3%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 1.9% (HV 20d: 26.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.86.

Notable Days

  • 2018-06-14: Highest Volume — 3,033 contracts
  • 2018-06-07: Largest IV spike — 19.2% change
  • 2018-06-28: Highest IV Rank — 13.9%
  • 2018-06-28: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.46$39.64$44.00$39.77$40.28
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV24.3%21.5%27.1%22.3%27.0%
Expected Move6.8%5.8%7.8%6.4%7.7%
HV 20d26.2%22.7%30.8%28.6%30.6%
HV 60d25.5%23.7%26.3%23.7%26.1%
IV Rank9.4%4.7%13.9%6.0%13.7%
IV Percentile39.0%7.5%62.7%17.1%61.1%
Term Structure7.5%-0.3%11.0%-0.3%10.3%
VWIV24.2%21.4%30.3%21.4%26.8%
Skew 25d2.5%0.7%6.9%6.9%2.8%
Skew 10d5.0%-0.0%12.8%10.1%5.1%
Call IV 25d23.0%17.1%27.5%17.1%26.8%
Put IV 25d25.5%22.6%30.2%24.0%29.6%
Bid-Ask Spread %22.3310.0048.5414.3121.73
Gamma HHI0.390.290.630.390.32
Net GEX100.0K-193.1K458.4K-193.1K272.0K
Net DEX-1.7M-6.8M1.5M1.5M-1.1M
Net VEX-26.5K-32.7K-19.4K-22.0K-31.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.860.144.734.240.14
Total Volume1,322.0484713,0331,4201,551
Total OI5,502.194,4617,1924,4627,014

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$39.77$40.0022.3%6.4%28.6%6.0%21.4%6.9%-0.3%-193.1K1.5M-22.0K4.2414.31N/AN/A2711,1491,4952,967
2018-06-04$40.78$40.0023.8%6.4%22.7%8.5%22.6%2.9%6.1%-133.8K115.8K-20.9K4.7342.99N/AN/A2451,1591,4942,967
2018-06-05$41.54$40.0021.5%6.0%23.0%4.7%22.9%3.4%6.4%-49.4K-957.6K-20.3K3.6710.81N/AN/A3161,1611,5252,971
2018-06-06$42.50$40.0022.5%5.8%23.3%6.4%21.9%3.3%7.0%9.0K-2.2M-19.4K2.7412.09N/AN/A4241,1611,5392,973
2018-06-07$41.19$40.0026.8%6.8%26.5%13.5%23.4%3.3%4.8%-87.1K-625.2K-21.5K3.5524.67N/AN/A4321,5351,7522,973
2018-06-08$40.67$40.0023.6%6.5%27.0%8.2%22.9%2.9%5.7%-152.6K179.2K-23.4K3.7410.00N/AN/A4101,5351,7633,190
2018-06-11$41.11$40.0026.2%6.9%27.1%12.5%23.5%2.6%4.5%-106.3K-490.0K-22.1K3.6414.48N/AN/A4191,5251,7623,190
2018-06-12$41.01$40.0024.6%6.8%23.4%9.8%23.3%2.2%4.7%-120.6K-439.6K-22.0K3.6813.35N/AN/A4141,5251,7803,200
2018-06-13$41.96$40.0021.6%6.2%24.2%4.9%21.4%1.9%5.7%60.8K-1.7M-21.1K0.9733.45N/AN/A4144031,7793,200
2018-06-14$42.26$40.0023.9%6.9%24.1%8.7%24.5%1.4%5.1%149.6K-1.9M-20.9K0.1934.76N/AN/A2,5584751,7733,195
2018-06-15$43.05$40.0023.8%6.8%23.2%8.5%24.0%1.6%4.6%351.1K-6.4M-32.6K0.4934.76N/AN/A9344563,9223,270
2018-06-18$44.00$40.0021.9%6.3%23.5%5.4%22.1%0.7%10.2%458.4K-6.8M-32.7K0.4223.27N/AN/A1,0034203,5892,370
2018-06-19$43.42$40.0023.9%6.8%24.0%8.6%24.4%2.4%9.8%345.6K-5.3M-32.6K0.7817.15N/AN/A3132453,3282,371
2018-06-20$43.38$40.0023.5%6.7%23.9%8.1%23.7%1.5%10.3%370.1K-5.2M-32.6K0.7948.54N/AN/A3102453,3552,419
2018-06-21$42.57$40.0023.6%6.8%25.4%8.2%24.1%1.4%9.6%295.5K-4.1M-32.2K0.7831.25N/AN/A3132453,3462,419
2018-06-22$41.22$40.0024.4%7.0%28.5%9.5%23.9%1.4%11.0%197.9K-1.7M-30.4K0.7713.69N/AN/A3362583,3422,419
2018-06-25$40.02$40.0026.3%7.6%30.7%12.7%30.3%3.9%10.3%84.8K298.2K-28.0K2.0914.29N/AN/A3306913,3602,430
2018-06-26$40.31$40.0025.8%7.4%30.8%11.8%26.0%2.4%10.7%103.4K-293.0K-30.1K0.7915.90N/AN/A3142473,3712,704
2018-06-27$39.64$40.0026.7%7.7%30.4%13.3%28.2%2.0%10.3%45.6K707.3K-28.7K0.6616.03N/AN/A2841873,4082,709
2018-06-28$39.91$40.0027.1%7.8%30.4%13.9%27.4%1.9%10.3%198.9K-309.5K-30.6K0.1421.37N/AN/A1,3631874,2192,693
2018-06-29$40.28$40.0027.0%7.7%30.6%13.7%26.8%2.8%10.3%272.0K-1.1M-31.6K0.1421.73N/AN/A1,3641874,3212,693