TDC Options History — October 2021

In October 2021, TDC traded between $54.89 and $59.08. ATM implied volatility averaged 47.6%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 16.6% (HV 20d: 31.0%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.07.

Notable Days

  • 2021-10-22: Highest Volume — 2,897 contracts
  • 2021-10-11: Largest IV spike — 12.6% change
  • 2021-10-13: Highest IV Rank — 27.6%
  • 2021-10-29: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.75$54.89$59.08$57.67$56.76
Max Pain$54.88$52.50$55.00$52.50$55.00
ATM IV47.6%38.1%56.6%39.9%56.6%
Expected Move14.5%11.4%16.2%11.4%16.2%
HV 20d31.0%22.8%47.6%47.0%26.6%
HV 60d39.0%37.5%41.9%41.9%38.0%
IV Rank20.0%15.9%27.6%17.7%25.5%
IV Percentile49.0%9.9%71.0%18.3%71.0%
Term Structure-6.0%-10.2%8.2%8.2%-10.2%
VWIV50.8%40.8%56.9%40.8%56.9%
Skew 25d3.3%2.1%4.8%2.1%4.8%
Skew 10d6.7%3.0%8.9%3.0%7.3%
Call IV 25d49.9%39.6%55.3%39.6%55.3%
Put IV 25d53.2%41.8%60.1%41.8%60.1%
Bid-Ask Spread %43.6531.5168.8268.8244.86
Gamma HHI0.290.230.440.280.30
Net GEX2.0M1.4M3.8M1.8M2.1M
Net DEX-73.4M-87.6M-60.2M-84.3M-68.5M
Net VEX-320.8K-339.6K-299.6K-338.0K-311.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.136.630.231.89
Total Volume1,303.5241282,8971,0261,619
Total OI45,641.71437,58549,88447,58343,904

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$57.67$52.5039.9%11.4%47.0%17.7%40.8%2.1%8.2%1.8M-84.3M-338.0K0.2368.82N/AN/A83619029,33818,245
2021-10-04$56.50$55.0041.5%14.1%47.5%19.3%48.8%4.3%-6.4%1.7M-74.3M-339.6K0.7739.48N/AN/A34626629,54318,787
2021-10-05$55.31$55.0041.7%14.2%47.6%19.5%49.1%3.6%-6.2%1.5M-65.7M-337.4K0.5032.89N/AN/A24812529,90018,847
2021-10-06$55.12$55.0041.6%14.4%47.5%19.4%49.4%3.0%-6.3%1.5M-63.3M-338.2K0.3637.20N/AN/A943429,94019,054
2021-10-07$55.73$55.0039.0%14.3%47.2%16.8%49.8%3.8%-6.4%1.6M-69.8M-332.1K0.1345.05N/AN/A7189130,01519,091
2021-10-08$55.16$55.0038.1%14.2%28.5%15.9%48.8%4.1%-6.3%1.5M-64.0M-328.2K0.5531.51N/AN/A20311129,98419,092
2021-10-11$54.89$55.0042.9%14.5%27.4%20.7%48.5%3.5%-7.3%1.4M-61.3M-317.1K6.6340.71N/AN/A8053030,13619,125
2021-10-12$56.51$55.0044.9%14.4%28.7%22.7%51.2%3.1%-7.4%1.8M-76.9M-324.7K0.5540.72N/AN/A47726030,13719,127
2021-10-13$56.44$55.0049.7%14.3%28.5%27.6%51.0%3.3%-7.1%1.8M-76.6M-319.6K0.5041.51N/AN/A37418830,15219,544
2021-10-14$57.44$55.0049.6%14.2%28.8%17.6%50.4%2.9%-4.6%2.2M-84.8M-311.0K0.1938.44N/AN/A88616930,16719,524
2021-10-15$57.61$55.0049.2%14.1%27.7%17.1%49.6%3.6%-5.3%3.8M-87.6M-310.3K0.8039.09N/AN/A1,4541,16430,32119,563
2021-10-18$57.84$55.0049.5%14.2%23.9%17.3%49.3%3.3%-5.4%2.1M-75.4M-299.6K0.5339.42N/AN/A87446526,65610,929
2021-10-19$56.91$55.0049.7%14.2%24.4%17.6%50.3%2.6%-6.1%2.1M-70.3M-310.9K0.6747.44N/AN/A32121427,69211,936
2021-10-20$57.11$55.0050.2%14.4%24.0%18.2%51.3%3.3%-5.9%2.1M-71.7M-317.5K1.8142.17N/AN/A7211,30628,38012,520
2021-10-21$57.63$55.0049.8%14.3%23.4%17.7%51.0%2.7%-5.4%2.2M-76.2M-329.3K1.6550.40N/AN/A8881,46428,62112,939
2021-10-22$59.08$55.0050.4%14.5%22.8%18.5%51.5%3.3%-5.9%2.2M-85.6M-319.6K0.5447.45N/AN/A1,8871,01028,68713,447
2021-10-25$58.85$55.0053.2%15.3%22.9%21.6%55.3%4.0%-8.1%2.3M-85.9M-321.9K0.5847.42N/AN/A1,44483629,39913,591
2021-10-26$57.68$55.0053.0%15.2%24.1%21.4%53.3%2.6%-7.2%2.3M-76.1M-315.4K0.8046.36N/AN/A1,04884029,57113,680
2021-10-27$55.59$55.0053.9%15.5%26.3%22.5%54.1%2.6%-8.1%2.0M-60.2M-309.6K1.1048.09N/AN/A76183629,60613,762
2021-10-28$55.89$55.0055.7%16.0%26.0%24.5%56.6%2.9%-9.0%2.0M-62.7M-306.3K1.6347.59N/AN/A7591,23729,70613,818
2021-10-29$56.76$55.0056.6%16.2%26.6%25.5%56.9%4.8%-10.2%2.1M-68.5M-311.0K1.8944.86N/AN/A5611,05829,73514,169