TDC Options History — June 2020

In June 2020, TDC traded between $20.19 and $23.59. ATM implied volatility averaged 56.6%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 4.1% (HV 20d: 52.5%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.45.

Notable Days

  • 2020-06-10: Highest Volume — 59,573 contracts
  • 2020-06-10: Largest IV spike — 76.0% change
  • 2020-06-10: Highest IV Rank — 63.3%
  • 2020-06-10: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.16$20.19$23.59$21.51$20.80
Max Pain$20.68$20.00$22.50$20.00$20.00
ATM IV56.6%41.4%81.3%42.7%49.4%
Expected Move16.1%11.6%23.3%12.2%14.2%
HV 20d52.5%47.0%58.4%53.4%47.6%
HV 60d56.0%49.8%63.8%63.8%49.8%
IV Rank36.8%20.4%63.3%21.8%29.0%
IV Percentile72.5%56.0%94.4%57.5%65.5%
Term Structure-1.2%-13.9%5.6%0.2%5.6%
VWIV59.3%38.1%85.9%38.1%52.0%
Skew 25d-3.2%-14.5%13.5%8.9%-10.0%
Skew 10d-8.1%-33.1%17.7%12.1%-28.7%
Call IV 25d59.9%35.7%93.4%37.1%52.8%
Put IV 25d56.7%42.6%80.7%46.0%42.9%
Bid-Ask Spread %49.2410.2989.2662.9726.21
Gamma HHI0.230.130.310.180.31
Net GEX294.2K-91.3K762.6K-87.8K482.4K
Net DEX175.9K-10.1M5.5M5.5M41.2K
Net VEX-85.9K-120.6K-62.5K-62.8K-84.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.033.823.821.02
Total Volume5,139.6366059,573366614
Total OI39,193.86424,37257,39724,37239,470

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$21.51$20.0042.7%12.2%53.4%21.8%38.1%8.9%0.2%-87.8K5.5M-62.8K3.8262.97N/AN/A762909,83814,534
2020-06-02$21.64$20.0042.4%12.1%53.2%21.5%49.2%13.5%-1.4%-91.3K5.5M-63.2K0.7610.29N/AN/A1311009,91914,790
2020-06-03$21.71$20.0042.0%12.0%53.2%21.1%43.9%12.0%-0.5%-80.1K5.3M-63.3K0.0327.91N/AN/A145410,01014,885
2020-06-04$21.70$22.5041.4%11.8%53.1%20.4%39.1%5.5%3.6%-79.1K5.3M-62.5K2.1872.85N/AN/A39486010,00414,883
2020-06-05$22.13$22.5045.6%11.6%52.7%25.0%39.9%4.6%4.0%-13.5K4.4M-65.3K0.0389.26N/AN/A324910,00214,883
2020-06-08$22.64$22.5043.8%12.2%53.5%23.1%42.5%5.7%1.7%25.2K3.5M-65.7K0.1580.73N/AN/A52810,27414,889
2020-06-09$22.30$22.5046.2%12.2%53.2%25.6%41.9%5.0%2.4%1.4K4.1M-63.6K0.0378.58N/AN/A3961110,30814,889
2020-06-10$23.59$22.5081.3%23.3%48.8%63.3%83.1%-13.6%-13.9%2.8K-124.4K-85.9K0.0355.33N/AN/A57,9901,58310,37214,896
2020-06-11$21.24$22.5080.0%22.9%58.3%61.9%85.9%-11.3%-13.2%762.6K-10.1M-120.6K0.0355.45N/AN/A11,93036038,23916,331
2020-06-12$21.05$20.0079.9%22.9%58.4%61.8%84.0%-5.6%-11.0%717.7K-8.0M-120.5K0.0455.92N/AN/A5,22223040,94316,454
2020-06-15$20.77$20.0073.7%21.1%58.2%55.1%76.5%-4.9%-9.7%635.6K-4.6M-109.7K0.0349.07N/AN/A6,91322940,19916,564
2020-06-16$20.77$20.0069.4%19.9%54.0%50.6%76.7%-9.5%-8.3%579.2K-4.3M-106.2K0.1053.36N/AN/A3,72238339,77116,711
2020-06-17$20.38$20.0063.0%18.1%53.7%43.7%67.9%-6.5%-3.0%423.3K-391.9K-97.6K0.0662.81N/AN/A5,35329939,06316,697
2020-06-18$20.51$20.0059.6%17.1%53.7%40.0%66.1%-5.9%0.9%395.7K-931.9K-98.0K0.0561.03N/AN/A1,9319040,02216,759
2020-06-19$20.23$20.0057.2%16.4%53.6%37.4%63.2%-6.3%1.6%350.5K641.6K-89.8K0.3662.92N/AN/A2,01972440,25616,772
2020-06-22$20.26$20.0058.1%16.7%53.3%38.4%64.5%-8.1%-0.4%370.4K-541.3K-89.4K0.0446.90N/AN/A2,0518626,47510,655
2020-06-23$20.51$20.0053.8%15.4%52.4%33.8%61.0%-7.3%1.3%437.6K-1.5M-90.6K0.4135.39N/AN/A1,99581427,23810,670
2020-06-24$20.19$20.0054.5%15.6%49.0%34.5%60.0%-7.2%2.6%376.1K162.0K-86.8K0.4024.38N/AN/A88935927,22310,825
2020-06-25$20.38$20.0054.4%15.6%47.2%34.4%58.8%-4.0%3.0%411.7K-138.2K-89.8K0.0736.89N/AN/A9286927,55011,121
2020-06-26$20.37$20.0053.7%15.4%47.0%33.7%55.2%-14.5%4.1%378.5K1.0M-84.9K0.0523.05N/AN/A6443227,30011,112
2020-06-29$20.83$20.0052.9%15.2%47.7%32.8%55.8%-10.3%4.6%473.7K-963.0K-88.4K0.1412.00N/AN/A2,46335027,37811,091
2020-06-30$20.80$20.0049.4%14.2%47.6%29.0%52.0%-10.0%5.6%482.4K41.2K-84.3K1.0226.21N/AN/A30431028,32411,146