TDC Options History — January 2022

In January 2022, TDC traded between $39.17 and $45.08. ATM implied volatility averaged 56.6%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 24.1% (HV 20d: 32.5%). Max pain ranged from $42.50 to $45.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.88.

Notable Days

  • 2022-01-21: Highest Volume — 4,819 contracts
  • 2022-01-12: Largest IV spike — 33.8% change
  • 2022-01-31: Highest IV Rank — 46.9%
  • 2022-01-31: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.11$39.17$45.08$43.92$40.09
Max Pain$43.00$42.50$45.00$45.00$42.50
ATM IV56.6%38.0%76.5%38.7%76.5%
Expected Move17.0%11.1%21.9%11.1%21.9%
HV 20d32.5%26.7%36.4%29.5%35.6%
HV 60d47.5%46.3%48.4%46.5%48.0%
IV Rank23.5%1.7%46.9%2.5%46.9%
IV Percentile58.4%4.0%94.0%5.6%94.0%
Term Structure-6.8%-16.2%13.2%13.2%-16.2%
VWIV60.7%39.0%77.4%39.6%77.4%
Skew 25d1.4%-2.4%6.1%-0.8%5.9%
Skew 10d1.8%-3.8%9.2%0.9%7.7%
Call IV 25d60.5%39.1%75.7%40.7%75.7%
Put IV 25d61.9%39.9%81.6%39.9%81.6%
Bid-Ask Spread %31.5512.2939.2236.1230.21
Gamma HHI0.210.160.490.170.19
Net GEX-87.3K-605.3K305.8K170.4K-101.2K
Net DEX4.0M-8.1M20.4M-2.7M6.8M
Net VEX-157.6K-184.9K-125.1K-184.9K-144.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.246.090.600.79
Total Volume2,050.21,5094,8191,5831,509
Total OI34,251.8521,99340,78338,28622,739

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$43.92$45.0038.7%11.1%29.5%2.5%39.6%-0.8%13.2%170.4K-2.7M-184.9K0.6036.12N/AN/A99059325,48912,797
2022-01-04$43.80$45.0039.2%11.2%28.2%3.1%39.0%1.4%12.6%145.5K-1.3M-179.9K0.8612.29N/AN/A1,06892025,56312,805
2022-01-05$42.65$45.0038.9%11.2%27.0%2.8%39.9%-1.2%12.9%-37.8K4.4M-171.9K0.6631.96N/AN/A96363525,80412,957
2022-01-06$42.89$42.5038.0%15.2%27.1%1.7%54.3%-1.8%-6.8%-18.4K2.8M-173.2K0.6834.45N/AN/A95064225,85313,006
2022-01-07$42.34$42.5038.7%15.2%26.7%2.5%54.7%-0.3%-6.9%-146.8K6.7M-164.6K0.7125.06N/AN/A97068925,92513,091
2022-01-10$44.62$42.5044.4%16.0%32.7%9.2%57.4%-0.4%-8.2%207.7K-6.1M-178.2K0.6633.81N/AN/A1,00966125,94013,074
2022-01-11$45.08$42.5041.1%15.8%32.1%5.3%56.6%-2.4%-8.5%258.7K-7.3M-181.2K0.2433.00N/AN/A2,54260126,39713,165
2022-01-12$44.90$42.5055.0%15.8%32.2%21.6%56.0%-1.4%-8.3%305.8K-8.1M-175.8K0.4839.22N/AN/A1,25660026,39513,213
2022-01-13$43.37$42.5055.6%16.0%34.1%22.4%57.4%-0.3%-8.2%-83.2K1.8M-158.9K0.3434.31N/AN/A1,67456726,44413,224
2022-01-14$43.68$42.5056.1%16.1%33.0%22.9%57.7%1.1%-8.5%-62.7K988.0K-159.0K0.7933.06N/AN/A90871326,25713,234
2022-01-18$42.93$42.5060.1%17.2%33.0%27.6%62.3%0.2%-10.2%-258.4K5.1M-147.8K0.5623.73N/AN/A1,12963226,25613,226
2022-01-19$42.50$42.5059.0%16.9%32.5%26.3%60.2%-0.1%-10.3%-485.4K8.3M-142.0K0.5336.74N/AN/A1,47377426,24613,269
2022-01-20$41.29$45.0059.9%17.2%33.3%27.4%63.1%0.1%-8.4%-534.5K13.3M-134.6K0.6838.24N/AN/A1,29688726,99213,289
2022-01-21$39.53$42.5066.2%19.0%36.4%34.8%67.7%3.6%-10.4%-605.3K20.4M-125.1K6.0931.60N/AN/A6804,13927,54413,239
2022-01-24$40.12$42.5071.8%20.6%35.2%41.3%71.8%3.9%-11.9%-91.9K6.4M-148.8K0.5622.86N/AN/A1,25770012,4469,547
2022-01-25$39.97$42.5073.1%21.0%35.0%42.9%74.0%5.2%-12.2%-90.5K6.4M-149.6K0.5225.38N/AN/A1,16860712,5809,646
2022-01-26$39.64$42.5072.6%20.8%35.0%42.3%72.8%4.5%-12.6%-108.3K7.2M-144.7K0.4835.65N/AN/A1,31863012,6569,645
2022-01-27$39.17$42.5073.3%21.0%35.1%43.2%76.0%6.1%-13.3%-106.8K8.3M-141.8K0.6936.69N/AN/A1,16780012,8459,599
2022-01-28$39.69$42.5074.0%21.2%35.7%43.9%77.0%4.9%-14.1%-103.8K7.1M-146.0K0.7536.59N/AN/A1,07681112,8399,801
2022-01-31$40.09$42.5076.5%21.9%35.6%46.9%77.4%5.9%-16.2%-101.2K6.8M-144.2K0.7930.21N/AN/A84266712,9009,839