TDC Options History — August 2021

In August 2021, TDC traded between $48.58 and $55.02. ATM implied volatility averaged 47.5%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 7.4% (HV 20d: 40.1%). Max pain ranged from $35.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-08-02: Highest Volume — 11,276 contracts
  • 2021-08-06: Largest IV drop — 46.7% change
  • 2021-08-05: Highest IV Rank — 56.9%
  • 2021-08-04: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.24$48.58$55.02$49.92$54.68
Max Pain$42.61$35.00$50.00$45.00$50.00
ATM IV47.5%38.0%78.9%67.0%42.5%
Expected Move13.4%10.9%21.3%19.2%12.2%
HV 20d40.1%37.4%45.3%40.7%38.9%
HV 60d38.9%37.5%51.1%51.1%37.7%
IV Rank25.4%15.8%56.9%44.9%20.3%
IV Percentile39.9%8.3%96.0%88.1%32.1%
Term Structure-2.1%-16.5%1.2%-13.2%-0.8%
VWIV47.2%38.2%76.5%68.4%42.5%
Skew 25d0.3%-0.8%1.6%-0.5%0.4%
Skew 10d0.7%-1.3%3.4%-1.2%-0.8%
Call IV 25d47.6%39.1%76.8%68.7%43.0%
Put IV 25d47.9%39.7%77.6%68.2%43.4%
Bid-Ask Spread %55.7933.0278.8841.3578.88
Gamma HHI0.330.130.560.140.51
Net GEX2.3M736.6K4.9M1.0M2.4M
Net DEX-68.6M-111.0M-49.0M-54.9M-78.2M
Net VEX-271.8K-316.5K-247.5K-275.8K-288.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.040.750.060.58
Total Volume3,415.22749211,27611,2764,752
Total OI45,338.54533,63152,41037,82644,751

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$49.92$45.0067.0%19.2%40.7%44.9%68.4%-0.5%-13.2%1.0M-54.9M-275.8K0.0641.35N/AN/A10,64862826,18111,645
2021-08-03$51.30$45.0073.6%21.1%40.4%51.6%74.0%1.6%-15.9%1.1M-62.6M-282.9K0.2638.63N/AN/A3,09280326,23911,744
2021-08-04$49.99$45.0074.3%21.3%41.3%52.3%76.5%0.8%-16.5%1.8M-68.3M-311.2K0.4233.02N/AN/A1,59167434,11512,028
2021-08-05$50.75$35.0078.9%16.8%41.1%56.9%59.1%1.4%-4.6%2.0M-74.1M-316.5K0.2549.18N/AN/A2,23956335,03212,665
2021-08-06$48.58$35.0042.0%12.1%43.0%19.8%42.7%1.0%0.8%1.6M-49.0M-276.2K0.2164.22N/AN/A5,0081,03035,59113,146
2021-08-09$48.93$35.0040.5%11.8%42.2%18.3%41.3%0.8%0.3%1.7M-51.0M-267.7K0.3154.86N/AN/A2,02063436,22713,367
2021-08-10$51.42$37.5042.6%12.1%45.3%20.4%42.4%0.9%-0.1%3.0M-75.6M-281.9K0.2058.50N/AN/A6,6381,30536,23113,517
2021-08-11$51.53$37.5040.6%11.6%44.5%18.4%41.5%0.2%1.2%3.2M-74.1M-270.4K0.2951.48N/AN/A92126835,83513,684
2021-08-12$52.51$40.0041.4%11.9%44.8%19.3%41.7%0.1%0.4%3.4M-82.9M-283.5K0.2055.52N/AN/A2,24944235,73514,449
2021-08-13$55.02$40.0042.0%12.0%37.7%19.8%42.4%-0.1%0.5%4.6M-111.0M-272.9K0.3557.87N/AN/A3,3241,17435,73814,435
2021-08-16$54.51$40.0042.8%12.3%37.8%20.6%43.3%0.3%0.2%4.9M-104.3M-262.4K0.2157.78N/AN/A2,20245735,94314,686
2021-08-17$53.14$42.5042.3%12.1%37.7%20.1%44.0%-0.3%0.7%4.3M-79.9M-259.7K0.3652.96N/AN/A2,01671735,53515,531
2021-08-18$52.21$42.5041.5%11.9%37.4%19.3%42.9%0.1%1.0%3.0M-67.4M-255.0K0.0468.19N/AN/A2,1328536,10415,659
2021-08-19$51.09$42.5043.1%12.4%38.4%20.9%44.0%-0.3%-0.3%962.6K-55.4M-248.4K0.1153.06N/AN/A1,29214836,13516,035
2021-08-20$52.34$42.5041.4%11.9%39.2%19.2%41.7%-0.0%0.8%3.4M-64.0M-247.5K0.3360.76N/AN/A1,11036136,39116,019
2021-08-23$52.83$42.5043.3%12.4%38.3%21.1%43.4%0.2%-0.6%736.6K-52.7M-247.9K0.6838.56N/AN/A1,11475721,49512,136
2021-08-24$53.50$42.5044.1%12.6%38.2%21.9%43.4%-0.8%-0.7%785.4K-55.7M-252.0K0.3974.06N/AN/A4,5831,77821,55512,397
2021-08-25$53.92$47.5042.0%12.0%38.2%19.8%41.6%-0.4%0.2%899.3K-58.7M-254.9K0.0872.39N/AN/A2,04315422,44813,045
2021-08-26$52.88$50.0041.7%12.0%39.0%19.6%42.5%0.7%0.1%898.8K-52.0M-267.3K0.7561.21N/AN/A46334724,14514,510
2021-08-27$54.26$50.0038.0%10.9%39.4%15.8%38.2%0.6%1.2%2.0M-70.0M-282.3K0.0969.60N/AN/A2,65522627,97114,513
2021-08-30$53.86$50.0040.3%11.6%39.6%18.1%40.5%0.2%-0.3%2.0M-66.6M-275.4K0.5535.33N/AN/A31717528,02514,815
2021-08-31$54.68$50.0042.5%12.2%38.9%20.3%42.5%0.4%-0.8%2.4M-78.2M-288.4K0.5878.88N/AN/A3,0031,74929,80414,947