TDC Options History — June 2021

In June 2021, TDC traded between $44.69 and $51.26. ATM implied volatility averaged 39.9%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 2.8% (HV 20d: 42.7%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.09.

Notable Days

  • 2021-06-02: Highest Volume — 12,489 contracts
  • 2021-06-21: Largest IV drop — 11.9% change
  • 2021-06-23: Highest IV Rank — 20.3%
  • 2021-06-23: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.41$44.69$51.26$48.60$49.90
Max Pain$42.27$40.00$45.00$45.00$45.00
ATM IV39.9%36.6%42.5%42.1%40.4%
Expected Move11.4%10.5%12.2%12.1%11.6%
HV 20d42.7%33.6%72.8%71.7%35.9%
HV 60d71.3%69.5%73.0%72.7%69.5%
IV Rank17.7%14.4%20.3%20.0%18.2%
IV Percentile15.1%2.4%26.2%19.8%20.6%
Term Structure8.4%-0.7%12.5%-0.6%12.5%
VWIV41.0%36.8%48.0%43.6%40.8%
Skew 25d-1.1%-5.2%1.5%-2.6%-5.2%
Skew 10d-2.3%-10.3%7.6%-5.6%-10.0%
Call IV 25d41.8%38.1%46.7%44.8%44.7%
Put IV 25d40.7%38.2%43.0%42.2%39.5%
Bid-Ask Spread %58.2318.5184.0940.5036.13
Gamma HHI0.220.150.310.210.26
Net GEX1.6M299.9K2.4M1.2M1.9M
Net DEX-53.6M-73.1M-26.0M-54.8M-63.6M
Net VEX-305.8K-340.6K-258.5K-283.3K-302.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.016.750.670.52
Total Volume2,045.9094112,489502623
Total OI45,883.81836,43349,53436,43346,797

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$48.60$45.0042.1%12.1%71.7%20.0%43.6%-2.6%-0.6%1.2M-54.8M-283.3K0.6740.50N/AN/A30020226,5359,898
2021-06-02$50.26$45.0042.0%12.0%72.2%19.8%44.0%-2.8%-0.7%1.3M-63.7M-283.8K0.1773.80N/AN/A10,6701,81926,5799,989
2021-06-03$49.03$40.0040.7%11.7%72.8%18.5%42.8%-0.6%6.6%2.2M-65.4M-340.6K0.9664.39N/AN/A79876335,45211,215
2021-06-04$48.74$40.0040.6%11.6%72.3%18.4%41.3%0.4%7.2%2.1M-61.6M-340.6K6.7565.38N/AN/A2061,39035,52911,860
2021-06-07$50.02$40.0041.5%11.2%36.4%19.3%39.3%0.9%7.7%2.4M-71.2M-340.6K0.3964.41N/AN/A89434735,61112,117
2021-06-08$49.21$40.0040.0%11.4%35.7%17.8%40.1%0.3%6.7%2.3M-64.6M-333.1K1.0567.36N/AN/A1,2791,34736,07212,232
2021-06-09$47.83$40.0039.3%11.3%37.8%17.1%39.8%0.1%7.8%1.7M-50.0M-333.2K0.5272.79N/AN/A94949536,07713,457
2021-06-10$47.81$40.0037.8%10.8%34.5%15.6%38.2%0.3%8.9%1.5M-47.8M-324.6K1.6074.66N/AN/A6310135,63213,761
2021-06-11$47.66$40.0036.7%10.5%34.7%14.5%38.2%0.1%9.5%1.5M-46.4M-323.0K1.0571.07N/AN/A202135,64313,776
2021-06-14$47.05$40.0038.1%10.9%33.6%15.9%38.9%0.4%8.1%1.3M-42.5M-291.3K1.4263.23N/AN/A11316135,64012,774
2021-06-15$46.69$40.0038.1%10.9%33.9%15.9%38.9%1.0%7.7%1.2M-39.9M-286.7K1.2963.25N/AN/A769835,67912,832
2021-06-16$47.02$40.0037.8%10.8%33.6%15.6%38.8%1.1%10.5%1.3M-40.9M-286.8K0.3784.09N/AN/A1595935,71112,756
2021-06-17$46.73$40.0037.5%10.8%33.9%15.3%38.3%1.5%11.0%1.1M-39.0M-280.5K2.1956.95N/AN/A9420635,68612,751
2021-06-18$44.69$40.0041.5%11.9%36.4%19.3%43.0%0.6%8.6%1.2M-26.5M-266.1K0.7061.01N/AN/A1,24487335,67712,770
2021-06-21$45.16$45.0036.6%10.5%36.4%14.4%36.8%0.9%12.2%299.9K-26.0M-258.5K0.0146.32N/AN/A1,3281928,83811,785
2021-06-22$46.75$45.0040.5%11.6%35.2%18.3%42.2%-3.3%10.3%864.2K-39.0M-288.7K0.1776.48N/AN/A3,76263829,83111,800
2021-06-23$49.09$45.0042.5%12.2%39.2%20.3%42.4%-4.2%8.5%1.5M-57.0M-307.9K1.5045.30N/AN/A2,5083,76831,94912,195
2021-06-24$50.34$45.0040.8%11.7%39.8%18.6%42.3%-3.1%10.0%1.9M-67.6M-318.5K0.2441.55N/AN/A74018132,70412,311
2021-06-25$51.26$45.0040.1%11.5%38.0%17.9%40.6%-2.3%10.1%2.2M-73.1M-313.9K0.1918.51N/AN/A83315632,92112,429
2021-06-28$50.67$45.0042.1%12.1%37.8%20.0%48.0%-3.6%10.4%2.0M-69.4M-309.6K0.1954.55N/AN/A1,64131232,96412,539
2021-06-29$50.60$45.0041.1%11.8%37.4%18.9%43.2%-4.0%11.0%2.1M-69.5M-313.3K1.9839.32N/AN/A1,2602,49433,93912,731
2021-06-30$49.90$45.0040.4%11.6%35.9%18.2%40.8%-5.2%12.5%1.9M-63.6M-302.6K0.5236.13N/AN/A41121234,01312,784