TDC Options History — June 2019

In June 2019, TDC traded between $34.33 and $36.23. ATM implied volatility averaged 28.7%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 4.3% (HV 20d: 24.3%). Max pain ranged from $35.00 to $37.50. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.39.

Notable Days

  • 2019-06-21: Highest Volume — 4,621 contracts
  • 2019-06-10: Largest IV spike — 7.4% change
  • 2019-06-10: Highest IV Rank — 22.4%
  • 2019-06-03: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.31$34.33$36.23$34.61$35.81
Max Pain$37.38$35.00$37.50$37.50$35.00
ATM IV28.7%27.2%30.5%30.0%27.2%
Expected Move8.2%7.8%8.6%8.6%7.8%
HV 20d24.3%21.1%32.7%32.6%21.1%
HV 60d32.5%31.6%33.5%32.7%32.1%
IV Rank18.6%15.4%22.4%21.3%15.4%
IV Percentile43.6%31.7%56.7%52.8%31.7%
Term Structure2.1%0.2%5.4%0.2%5.4%
VWIV28.4%26.4%31.4%29.0%26.4%
Skew 25d3.9%0.1%5.9%5.9%2.9%
Skew 10d9.0%-2.1%14.6%8.2%7.7%
Call IV 25d26.8%25.2%29.4%28.2%25.2%
Put IV 25d30.7%25.4%34.2%34.2%28.1%
Bid-Ask Spread %73.4966.0680.9676.2369.45
Gamma HHI0.210.150.420.200.26
Net GEX-66.0K-265.6K13.3K-114.2K-31.7K
Net DEX3.0M944.8K4.6M4.5M944.8K
Net VEX-40.8K-51.3K-32.8K-33.9K-50.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.001.700.000.70
Total Volume520.85234,621225213
Total OI11,022.99,21214,2779,21214,277

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$34.61$37.5030.0%8.6%32.6%21.3%29.0%5.9%0.2%-114.2K4.5M-33.9K0.0076.23N/AN/A22416,0493,163
2019-06-04$35.16$37.5029.2%8.4%32.7%19.6%28.9%5.8%0.5%-77.8K3.5M-37.3K0.0775.81N/AN/A229166,2643,165
2019-06-05$35.80$37.5028.8%8.3%28.3%18.8%27.4%0.1%0.7%-38.1K2.6M-38.5K0.1475.67N/AN/A174256,4833,176
2019-06-06$36.19$37.5028.6%8.3%27.3%18.3%29.1%4.2%1.3%-11.8K1.6M-41.8K0.2179.27N/AN/A216456,5853,176
2019-06-07$36.12$37.5028.4%8.2%26.0%18.0%28.5%4.0%1.5%-15.7K1.8M-40.3K0.4971.91N/AN/A2201086,6033,184
2019-06-10$35.92$37.5030.5%8.0%25.7%22.4%27.8%3.1%1.9%-24.8K2.2M-39.9K0.0070.73N/AN/A2306,5963,238
2019-06-11$35.62$37.5030.1%7.8%21.2%21.5%26.5%4.8%2.2%-27.3K2.6M-39.4K0.6669.75N/AN/A122806,6113,238
2019-06-12$36.00$37.5028.7%8.2%21.2%18.6%27.6%5.1%1.5%-21.9K2.2M-39.7K0.2271.06N/AN/A123276,6953,313
2019-06-13$36.23$37.5027.6%7.9%21.4%16.3%26.8%4.2%1.9%-20.2K1.9M-40.4K0.2167.95N/AN/A156326,6963,317
2019-06-14$35.50$37.5028.3%8.1%22.3%17.9%27.0%4.2%1.5%-20.5K2.8M-38.9K0.0473.80N/AN/A950366,7003,320
2019-06-17$34.33$37.5028.6%8.2%23.6%18.5%31.4%4.7%1.0%-53.4K4.6M-32.8K1.7080.96N/AN/A1031756,6893,316
2019-06-18$34.70$37.5029.2%8.4%23.4%19.6%30.6%2.2%0.9%-47.4K4.2M-34.6K0.6866.06N/AN/A2531726,7333,475
2019-06-19$35.09$37.5029.2%8.4%23.6%19.7%29.3%2.8%1.1%13.3K3.3M-37.2K0.2474.49N/AN/A4681137,0663,475
2019-06-20$34.78$37.5028.6%8.2%23.6%18.4%28.3%3.0%0.9%11.1K3.8M-36.6K0.2773.33N/AN/A4241147,0793,487
2019-06-21$34.56$37.5028.3%8.1%22.5%17.8%31.3%5.5%1.6%-50.5K4.3M-35.0K1.3278.90N/AN/A1,9902,6317,0943,498
2019-06-24$34.68$37.5027.6%7.9%22.5%16.4%28.1%3.4%4.4%-233.6K4.0M-50.7K0.0274.54N/AN/A27558,3735,778
2019-06-25$34.53$37.5028.4%8.1%22.5%18.0%28.8%3.8%3.9%-265.6K4.3M-48.8K0.1575.25N/AN/A241358,3845,768
2019-06-26$35.00$37.5028.5%8.2%22.8%18.2%28.1%4.0%4.6%-192.8K3.1M-49.4K0.1968.78N/AN/A117228,4005,788
2019-06-27$35.58$37.5027.8%8.0%22.3%16.7%27.4%4.1%5.1%-96.1K1.7M-51.3K0.5175.91N/AN/A171888,4175,789
2019-06-28$35.81$35.0027.2%7.8%21.1%15.4%26.4%2.9%5.4%-31.7K944.8K-50.0K0.7069.45N/AN/A125888,4385,839