TDC Options History — November 2021

In November 2021, TDC traded between $43.82 and $56.71. ATM implied volatility averaged 47.5%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 12.1% (HV 20d: 59.6%). Max pain ranged from $50.00 to $57.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2021-11-17: Highest Volume — 12,508 contracts
  • 2021-11-05: Largest IV drop — 40.0% change
  • 2021-11-04: Highest IV Rank — 45.5%
  • 2021-11-03: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.75$43.82$56.71$56.34$43.82
Max Pain$51.43$50.00$57.50$55.00$50.00
ATM IV47.5%39.4%74.1%59.4%48.4%
Expected Move13.3%11.3%19.3%17.0%13.9%
HV 20d59.6%24.6%68.8%25.7%68.4%
HV 60d47.5%35.6%50.6%36.9%50.3%
IV Rank14.8%5.8%45.5%28.7%13.8%
IV Percentile43.7%13.5%92.5%74.6%54.4%
Term Structure-2.7%-15.3%1.0%-12.0%-1.6%
VWIV49.0%42.1%69.3%61.0%51.7%
Skew 25d0.1%-2.9%4.7%4.4%0.7%
Skew 10d-0.4%-5.9%14.8%6.9%-1.8%
Call IV 25d48.3%41.2%68.9%58.2%50.2%
Put IV 25d48.4%40.4%70.2%62.5%50.8%
Bid-Ask Spread %56.3940.2667.7346.2364.36
Gamma HHI0.150.090.310.310.14
Net GEX565.1K-151.1K2.2M2.2M252.7K
Net DEX-15.4M-69.7M8.0M-64.6M1.6M
Net VEX-266.0K-320.7K-228.5K-303.9K-248.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.171.881.880.33
Total Volume3,839.4291,54212,5082,0072,121
Total OI49,623.90543,60960,42344,08146,113

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$56.34$55.0059.4%17.0%25.7%28.7%61.0%4.4%-12.0%2.2M-64.6M-303.9K1.8846.23N/AN/A6971,31029,85614,225
2021-11-02$55.95$55.0062.2%17.8%24.6%32.0%62.6%4.7%-11.6%2.0M-61.9M-299.2K1.3347.19N/AN/A8221,09730,06814,492
2021-11-03$56.66$55.0067.5%19.3%24.9%38.0%69.3%1.3%-15.3%2.0M-69.1M-309.4K1.3559.05N/AN/A2,0482,77430,21314,550
2021-11-04$56.71$57.5074.1%16.3%24.6%45.5%57.2%2.0%-7.2%1.9M-69.7M-320.7K0.4340.26N/AN/A3,1471,36331,34216,106
2021-11-05$47.97$57.5044.5%12.4%64.7%11.6%45.3%-1.1%-1.6%33.9K18.8K-250.9K0.5149.13N/AN/A5,2732,69933,05816,340
2021-11-08$50.25$50.0044.4%12.1%67.4%11.6%44.2%-2.9%-0.7%654.3K-19.1M-267.0K0.4450.57N/AN/A3,2461,42334,86316,200
2021-11-09$50.74$50.0043.0%11.8%66.5%10.0%42.1%-1.9%-0.7%736.4K-21.8M-268.7K0.6848.00N/AN/A2,5461,73334,95316,404
2021-11-10$48.37$50.0039.6%11.3%68.1%6.0%44.4%-1.8%0.1%105.5K-3.6M-247.9K0.7953.28N/AN/A1,4141,11834,80916,887
2021-11-11$49.05$50.0039.5%11.3%67.9%5.9%45.3%-1.7%1.0%11.2K-6.7M-247.8K0.6454.94N/AN/A1,8011,15634,82316,946
2021-11-12$48.50$50.0039.4%11.3%67.8%5.8%43.8%-0.8%0.2%-17.1K-2.8M-242.3K0.4755.92N/AN/A2,2761,08035,29216,981
2021-11-15$49.21$50.0040.2%11.5%68.2%6.7%42.9%-1.1%0.1%53.9K-7.2M-239.5K0.8863.58N/AN/A1,3151,15636,11616,991
2021-11-16$47.68$50.0039.5%11.3%68.7%5.9%42.8%-1.1%1.0%-151.1K4.3M-228.5K0.7161.32N/AN/A1,6401,16136,15817,018
2021-11-17$47.62$50.0042.7%12.2%68.6%9.6%44.6%-0.2%-0.9%-110.6K4.5M-229.8K0.1754.94N/AN/A10,6781,83036,28016,999
2021-11-18$45.94$50.0043.1%12.3%68.8%10.0%46.4%-0.9%-0.5%152.9K8.0M-267.1K0.2554.68N/AN/A3,98498642,53517,784
2021-11-19$45.68$50.0042.8%12.3%67.6%9.7%48.2%-1.6%0.5%201.2K2.7M-277.5K0.3458.91N/AN/A3,4971,19143,59116,832
2021-11-22$44.19$50.0044.8%12.8%67.8%12.0%46.9%-1.2%-0.4%230.9K-668.5K-260.3K0.3265.84N/AN/A3,7561,19129,26914,340
2021-11-23$44.10$50.0045.1%12.9%67.9%12.4%47.4%3.0%-2.0%318.0K-1.3M-265.6K0.3261.44N/AN/A1,60251630,76914,831
2021-11-24$44.90$50.0043.8%12.6%68.2%10.2%45.5%1.4%-0.3%398.8K-5.6M-276.8K0.3860.33N/AN/A1,34050830,94314,915
2021-11-26$44.74$50.0046.9%13.5%68.0%12.7%49.7%1.3%-1.7%375.9K-4.0M-268.3K0.4866.46N/AN/A1,07751431,17114,932
2021-11-29$45.36$50.0046.6%13.4%67.9%11.8%48.4%-0.5%-2.6%437.9K-7.1M-267.4K0.4167.73N/AN/A1,09744531,17614,931
2021-11-30$43.82$50.0048.4%13.9%68.4%13.8%51.7%0.7%-1.6%252.7K1.6M-248.4K0.3364.36N/AN/A1,59452731,18514,928