TDC Options History — February 2021

In February 2021, TDC traded between $27.31 and $54.00. ATM implied volatility averaged 83.8%, placing in the 63.3% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded below realized volatility by 60.4% (HV 20d: 144.2%). Max pain ranged from $27.50 to $40.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.45.

Notable Days

  • 2021-02-09: Highest Volume — 35,051 contracts
  • 2021-02-05: Largest IV spike — 27.1% change
  • 2021-02-09: Highest IV Rank — 100.0%
  • 2021-02-09: Largest Expected Move — 28.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.79$27.31$54.00$27.70$40.46
Max Pain$35.53$27.50$40.00$27.50$40.00
ATM IV83.8%68.3%121.7%80.7%69.1%
Expected Move22.9%18.6%28.3%23.1%19.8%
HV 20d144.2%64.5%174.2%64.9%167.6%
HV 60d88.2%45.2%104.2%45.7%104.1%
IV Rank63.3%46.3%100.0%62.7%47.0%
IV Percentile90.3%79.8%100.0%94.0%80.2%
Term Structure-3.7%-14.2%6.1%-14.2%0.0%
VWIV82.2%65.3%99.5%84.1%70.7%
Skew 25d-6.4%-13.9%1.6%-2.0%-2.3%
Skew 10d-13.2%-29.4%5.6%-8.5%-9.2%
Call IV 25d84.9%69.4%101.7%82.2%70.9%
Put IV 25d78.5%66.4%97.2%80.2%68.7%
Bid-Ask Spread %46.7628.4059.9554.4853.72
Gamma HHI0.150.080.260.220.09
Net GEX306.3K-103.1K777.4K-103.1K312.3K
Net DEX-51.0M-112.0M-5.9M-5.9M-33.5M
Net VEX-192.1K-267.2K-75.1K-85.7K-235.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.001.870.030.64
Total Volume8,685.26351535,0511,3442,162
Total OI47,576.47422,90473,66922,90446,653

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$27.70$27.5080.7%23.1%64.9%62.7%84.1%-2.0%-14.2%-103.1K-5.9M-85.7K0.0354.48N/AN/A1,3093510,74912,155
2021-02-02$27.55$27.5078.1%22.4%65.0%59.9%80.2%-2.4%-11.1%-50.8K-6.9M-91.3K0.0057.02N/AN/A1,315612,21112,135
2021-02-03$27.64$27.5078.1%22.4%64.5%59.9%77.4%1.6%-11.8%-60.4K-7.1M-88.3K0.1059.95N/AN/A4684712,04412,136
2021-02-04$27.31$27.5076.6%18.6%64.8%58.3%65.3%-2.9%-7.6%-66.4K-6.3M-84.3K0.3042.38N/AN/A1,06432111,88011,946
2021-02-05$36.83$27.5097.4%22.8%121.9%80.6%81.2%-3.0%-5.0%240.1K-32.8M-75.1K0.3740.38N/AN/A18,5926,93912,01512,057
2021-02-08$49.32$30.00115.2%26.4%154.7%99.7%91.1%-13.9%-13.3%367.2K-84.2M-92.3K0.5146.81N/AN/A17,9609,15419,36516,626
2021-02-09$54.00$35.00121.7%28.3%155.1%100.0%99.5%-4.5%-4.3%539.2K-112.0M-155.4K0.4456.95N/AN/A24,30410,74725,67622,286
2021-02-10$46.66$37.5090.4%25.9%168.7%68.5%91.7%-11.1%-7.3%289.4K-65.9M-216.3K0.4728.40N/AN/A12,4015,78930,19029,120
2021-02-11$46.83$37.5087.7%25.1%168.7%65.8%91.0%-7.4%-3.7%256.5K-65.4M-247.3K0.3136.63N/AN/A5,4451,69033,25131,181
2021-02-12$49.16$37.5090.3%25.9%168.8%68.4%91.5%-11.7%-7.4%303.0K-81.1M-258.8K0.2048.65N/AN/A5,3541,06934,59232,042
2021-02-16$47.38$40.0090.0%25.8%170.3%68.1%90.0%-10.4%-5.3%296.9K-71.7M-255.9K0.5344.90N/AN/A3,4651,85136,61232,391
2021-02-17$46.01$40.0080.5%23.1%171.5%58.5%82.6%-8.0%0.8%236.9K-60.4M-251.3K1.1048.71N/AN/A3,1253,44337,38832,987
2021-02-18$47.68$40.0081.0%23.2%171.3%59.0%87.3%-10.8%1.5%281.8K-73.0M-263.5K0.2046.64N/AN/A6,5841,34137,82932,771
2021-02-19$46.89$40.0077.2%22.1%172.0%55.2%81.7%-6.8%2.2%777.4K-66.5M-267.2K0.4041.37N/AN/A3,1211,23440,39833,271
2021-02-22$45.02$40.0072.0%20.6%172.4%50.0%76.4%-9.0%5.2%689.9K-59.7M-253.1K0.2239.04N/AN/A3,11869330,12614,397
2021-02-23$43.01$40.0069.7%20.0%174.2%47.7%76.4%-5.1%5.7%581.0K-49.6M-243.4K0.2043.66N/AN/A2,89758630,26314,690
2021-02-24$43.70$40.0068.4%19.6%170.8%46.4%71.5%-6.0%6.1%555.9K-51.5M-243.2K1.8745.87N/AN/A1,5482,89629,20714,934
2021-02-25$40.86$40.0068.3%19.6%173.6%46.3%72.4%-5.5%-0.0%373.3K-36.3M-242.8K0.6152.95N/AN/A1,8251,12230,16416,215
2021-02-26$40.46$40.0069.1%19.8%167.6%47.0%70.7%-2.3%0.0%312.3K-33.5M-235.7K0.6453.72N/AN/A1,31984330,09716,556