TDC Options History — October 2020

In October 2020, TDC traded between $18.32 and $22.41. ATM implied volatility averaged 47.5%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 18.5% (HV 20d: 29.0%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 2.00.

Notable Days

  • 2020-10-08: Highest Volume — 3,559 contracts
  • 2020-10-14: Largest IV spike — 116.7% change
  • 2020-10-30: Highest IV Rank — 41.7%
  • 2020-10-30: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.98$18.32$22.41$22.16$18.32
Max Pain$22.39$20.00$22.50$22.50$20.00
ATM IV47.5%22.3%61.1%44.2%61.1%
Expected Move14.8%12.0%17.5%12.7%17.5%
HV 20d29.0%24.3%33.8%33.8%30.5%
HV 60d45.6%44.9%46.9%45.2%45.9%
IV Rank25.9%0.0%41.7%20.5%41.7%
IV Percentile46.0%0.0%76.6%37.3%76.6%
Term Structure-3.4%-9.5%8.0%5.2%-9.5%
VWIV52.8%42.2%62.7%44.2%62.7%
Skew 25d1.0%-3.7%4.6%-1.3%1.1%
Skew 10d3.6%-13.1%31.9%9.1%3.5%
Call IV 25d53.3%44.9%65.3%44.9%63.1%
Put IV 25d54.3%43.6%68.3%43.6%64.2%
Bid-Ask Spread %47.9122.6274.3824.0723.61
Gamma HHI0.310.200.530.410.31
Net GEX14.8K-144.0K276.9K167.3K-144.0K
Net DEX6.7M2.3M9.9M2.7M8.6M
Net VEX-36.9K-50.4K-28.8K-46.7K-30.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.000.0532.580.380.07
Total Volume887.6361463,559411201
Total OI24,189.09118,62029,71627,37022,993

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$22.16$22.5044.2%12.7%33.8%20.5%44.2%-1.3%5.2%167.3K2.7M-46.7K0.3824.07N/AN/A29711414,96212,408
2020-10-02$21.77$22.5041.9%12.0%29.2%18.0%42.2%0.0%8.0%142.4K4.7M-44.5K0.3522.62N/AN/A1866614,92412,418
2020-10-05$21.51$22.5043.0%14.5%29.4%19.3%51.1%1.7%-1.9%121.8K6.5M-40.6K0.4423.51N/AN/A86638414,90612,376
2020-10-06$21.99$22.5042.3%14.2%29.6%18.4%49.6%0.2%-2.5%181.6K4.0M-43.5K0.2453.84N/AN/A54012914,86412,320
2020-10-07$21.90$22.5039.3%14.5%28.4%15.1%53.5%2.9%-2.3%192.0K5.2M-40.1K0.5956.89N/AN/A39323114,88212,302
2020-10-08$22.41$22.5036.6%14.3%29.6%12.1%50.1%1.7%-1.9%257.1K2.3M-41.2K32.5832.66N/AN/A1063,45314,85712,372
2020-10-09$22.05$22.5033.3%13.7%29.9%8.4%48.6%1.7%-0.5%161.7K8.3M-50.4K0.5251.66N/AN/A1658514,79014,926
2020-10-12$21.98$22.5032.2%13.4%29.7%7.2%48.6%2.1%-1.1%276.9K6.9M-41.7K0.8651.82N/AN/A1,6941,46114,67713,197
2020-10-13$21.68$22.5022.3%14.0%29.5%0.0%48.8%1.1%-3.0%24.9K9.4M-36.3K0.7060.62N/AN/A49434813,83612,544
2020-10-14$21.45$22.5048.3%13.9%29.1%27.9%49.4%2.9%-2.8%-45.1K9.5M-34.3K2.8454.86N/AN/A3810813,58912,437
2020-10-15$21.36$22.5048.2%13.8%28.7%27.8%48.2%4.6%-1.7%-77.8K9.9M-35.7K0.4659.16N/AN/A22310213,61112,434
2020-10-16$21.85$22.5048.4%13.9%29.7%28.0%48.7%2.3%-2.3%-121.0K9.4M-35.8K0.1168.98N/AN/A1,69219113,58012,424
2020-10-19$21.90$22.5053.6%15.4%29.5%33.6%56.6%-3.7%-5.2%-97.1K4.8M-35.4K0.0559.95N/AN/A1,742928,8879,733
2020-10-20$21.30$22.5053.3%15.3%24.3%33.2%54.4%1.3%-6.2%-62.6K5.1M-35.4K0.0845.97N/AN/A3623010,1059,808
2020-10-21$20.64$22.5053.5%15.3%25.3%33.5%58.4%-1.2%-4.6%-76.3K5.9M-34.0K0.1827.82N/AN/A1302310,2919,835
2020-10-22$20.91$22.5054.7%15.7%26.1%34.7%58.3%-0.5%-6.1%-71.2K5.7M-34.6K0.3765.83N/AN/A1616010,3889,851
2020-10-23$20.56$22.5053.6%15.4%25.6%33.6%54.9%-1.9%-5.9%-76.1K6.1M-33.4K0.2949.12N/AN/A2427010,4929,921
2020-10-26$19.59$22.5057.6%16.5%29.3%37.9%55.3%2.4%-7.9%-102.4K7.4M-29.8K0.3237.87N/AN/A2347610,5979,991
2020-10-27$19.28$22.5056.0%16.0%29.3%36.1%56.7%-1.6%-6.8%-110.9K7.9M-29.1K0.0637.78N/AN/A6363710,7259,979
2020-10-28$18.64$22.5060.7%17.4%30.6%41.2%61.5%3.0%-7.3%-105.9K8.1M-28.9K0.2174.38N/AN/A52010911,2449,998
2020-10-29$18.34$22.5060.4%17.3%30.5%40.9%60.7%2.4%-8.0%-110.8K8.4M-28.8K2.3970.97N/AN/A4241,01311,61110,075
2020-10-30$18.32$20.0061.1%17.5%30.5%41.7%62.7%1.1%-9.5%-144.0K8.6M-30.9K0.0723.61N/AN/A1881311,97411,019