TDC Options History — December 2021

In December 2021, TDC traded between $41.01 and $44.41. ATM implied volatility averaged 45.9%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 6.9% (HV 20d: 39.0%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2021-12-10: Highest Volume — 4,256 contracts
  • 2021-12-15: Largest IV drop — 15.3% change
  • 2021-12-06: Highest IV Rank — 20.9%
  • 2021-12-03: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.96$41.01$44.41$42.89$42.66
Max Pain$46.82$45.00$50.00$50.00$45.00
ATM IV45.9%37.4%54.4%47.8%37.4%
Expected Move12.9%10.7%15.2%13.7%10.7%
HV 20d39.0%30.7%68.4%68.4%31.5%
HV 60d47.1%46.0%50.6%50.3%46.1%
IV Rank10.9%0.9%20.9%13.2%0.9%
IV Percentile41.6%1.6%68.3%53.2%1.6%
Term Structure6.8%-2.6%13.1%-1.2%13.1%
VWIV47.2%38.5%58.8%50.5%38.5%
Skew 25d-0.4%-1.6%1.1%0.8%-0.5%
Skew 10d-1.7%-4.2%1.5%-1.5%1.3%
Call IV 25d47.3%39.8%55.5%49.5%39.8%
Put IV 25d46.9%39.4%55.7%50.3%39.4%
Bid-Ask Spread %47.9716.9273.4973.4916.92
Gamma HHI0.160.130.330.140.15
Net GEX49.9K-684.4K340.9K144.3K44.5K
Net DEX4.7M-8.5M15.0M7.3M3.2M
Net VEX-213.2K-238.4K-179.3K-233.1K-179.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.320.800.430.40
Total Volume2,235.1821,6484,2562,3622,175
Total OI43,521.63637,11348,26446,49838,285

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$42.89$50.0047.8%13.7%68.4%13.2%50.5%0.8%-1.2%144.3K7.3M-233.1K0.4373.49N/AN/A1,65370931,50914,989
2021-12-02$42.64$50.0047.8%13.7%67.8%13.2%48.2%-0.2%-1.7%62.7K9.2M-228.9K0.6072.41N/AN/A1,04263031,39615,285
2021-12-03$41.01$50.0052.8%15.2%68.1%19.1%58.8%0.2%-2.6%31.1K14.3M-216.1K0.4469.72N/AN/A1,26355931,44315,359
2021-12-06$42.14$47.5054.4%14.2%40.1%20.9%50.8%-0.3%3.1%65.8K10.1M-225.1K0.5062.02N/AN/A1,24161931,55915,349
2021-12-07$43.66$47.5050.0%13.8%38.3%15.8%50.8%-0.6%3.7%169.3K3.1M-238.4K0.4560.28N/AN/A1,45766031,54815,440
2021-12-08$43.84$47.5048.8%13.4%38.1%14.4%49.5%-0.8%4.4%97.7K4.5M-233.5K0.6230.64N/AN/A1,08967331,71115,544
2021-12-09$43.07$47.5046.2%13.0%35.2%11.2%48.0%0.0%5.5%12.4K8.4M-223.1K0.5727.92N/AN/A1,26672431,71915,594
2021-12-10$42.90$47.5043.5%12.8%34.4%8.1%46.5%1.1%5.9%-106.6K12.2M-211.7K0.8044.55N/AN/A2,3681,88831,81315,682
2021-12-13$42.21$47.5048.2%12.8%34.6%13.7%46.8%-0.7%6.4%-125.8K14.9M-206.7K0.4617.62N/AN/A2,11898131,85215,816
2021-12-14$42.19$47.5053.2%13.2%33.7%19.5%46.4%-0.1%4.2%-109.6K13.5M-209.3K0.5367.31N/AN/A1,27867932,01315,815
2021-12-15$43.05$47.5045.1%12.9%33.9%10.0%47.4%-0.5%6.6%-41.7K9.2M-215.9K0.5568.08N/AN/A1,28169932,20615,858
2021-12-16$42.03$47.5046.2%13.2%34.5%11.2%48.2%0.0%8.2%-250.1K15.0M-201.9K0.6261.93N/AN/A1,38785432,30615,897
2021-12-17$42.81$47.5046.4%13.3%33.7%11.5%47.0%-0.8%8.6%-684.4K9.2M-214.5K0.5468.08N/AN/A2,1261,14232,47915,785
2021-12-20$42.02$45.0047.2%13.5%34.1%12.4%49.3%-1.2%9.2%111.7K1.3M-203.4K0.5071.02N/AN/A1,33967524,69812,415
2021-12-21$42.85$45.0045.0%12.9%33.3%9.9%46.0%-0.9%8.9%140.7K-1.2M-208.9K0.5636.71N/AN/A1,25170024,82112,497
2021-12-22$42.99$45.0043.3%12.4%33.3%7.9%45.5%0.5%10.0%155.7K-1.6M-208.0K0.3526.88N/AN/A2,14274125,03812,545
2021-12-23$44.16$45.0042.0%12.1%34.1%6.4%47.7%-1.6%10.8%309.6K-7.7M-217.6K0.3728.05N/AN/A1,68261925,38712,676
2021-12-27$44.41$45.0042.0%12.0%34.2%6.3%44.1%-0.5%10.8%340.9K-8.5M-213.7K0.3225.00N/AN/A1,74155325,62112,683
2021-12-28$44.07$45.0042.5%12.2%33.9%7.0%45.0%-0.6%10.8%286.0K-5.9M-206.7K0.4540.55N/AN/A1,25256125,62912,682
2021-12-29$43.91$45.0040.4%11.6%31.5%4.5%43.4%-0.4%12.1%259.5K-4.9M-200.9K0.5220.66N/AN/A1,12158825,59612,684
2021-12-30$43.52$45.0039.1%11.2%30.7%3.0%40.6%-0.7%11.9%185.2K-2.1M-193.5K0.5965.49N/AN/A1,03960925,56212,690
2021-12-31$42.66$45.0037.4%10.7%31.5%0.9%38.5%-0.5%13.1%44.5K3.2M-179.3K0.4016.92N/AN/A1,55462125,54312,742