TDC Options History — May 2022

In May 2022, TDC traded between $33.75 and $41.55. ATM implied volatility averaged 54.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 9.8% (HV 20d: 44.6%). Max pain ranged from $40.00 to $47.50. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2022-05-05: Highest Volume — 15,395 contracts
  • 2022-05-06: Largest IV drop — 40.6% change
  • 2022-05-05: Highest IV Rank — 67.0%
  • 2022-05-02: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.90$33.75$41.55$41.20$38.49
Max Pain$42.02$40.00$47.50$47.50$40.00
ATM IV54.5%39.5%89.6%86.6%44.5%
Expected Move15.1%11.3%24.8%24.8%12.8%
HV 20d44.6%21.2%55.9%21.2%55.9%
HV 60d41.2%30.9%56.7%56.7%39.8%
IV Rank26.9%9.9%67.0%63.6%15.6%
IV Percentile68.3%18.7%99.2%99.2%54.0%
Term Structure-5.0%-23.9%-0.1%-23.9%-2.5%
VWIV52.4%39.4%83.1%82.0%43.1%
Skew 25d6.0%3.2%14.0%10.6%3.9%
Skew 10d12.2%6.6%26.8%20.1%6.6%
Call IV 25d50.8%38.4%80.3%80.3%43.5%
Put IV 25d56.8%42.3%91.1%91.0%47.5%
Bid-Ask Spread %56.5543.3669.4746.8360.37
Gamma HHI0.120.110.150.150.13
Net GEX75.6K-136.7K225.2K-122.0K192.4K
Net DEX17.4M9.5M24.7M11.7M9.5M
Net VEX-118.0K-147.0K-99.4K-145.5K-125.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.231.631.450.61
Total Volume3,970.2381,96915,3952,8474,568
Total OI34,190.47623,21641,37323,21630,938

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$41.20$47.5086.6%24.8%21.2%63.6%82.0%10.6%-23.9%-122.0K11.7M-145.5K1.4546.83N/AN/A1,1631,68412,24310,973
2022-05-03$41.20$47.5084.7%24.3%21.4%61.5%80.4%11.9%-23.3%-136.7K12.2M-142.7K0.9043.36N/AN/A1,9211,72612,24910,997
2022-05-04$41.55$47.5080.1%23.0%21.4%56.2%83.1%14.0%-23.0%-51.4K10.9M-147.0K0.9150.34N/AN/A2,0981,90414,35410,996
2022-05-05$39.54$47.5089.6%17.6%26.1%67.0%55.8%11.3%-8.6%-102.5K16.0M-130.8K0.2344.23N/AN/A12,4912,90414,60411,190
2022-05-06$35.39$47.5053.3%13.9%43.8%25.6%50.3%4.9%-1.4%-40.5K24.7M-106.6K0.3558.86N/AN/A8,1012,85322,77512,321
2022-05-09$34.67$42.5054.1%14.3%43.9%26.5%50.8%3.3%-2.0%154.2K22.0M-112.7K0.4853.25N/AN/A2,8851,39827,23012,131
2022-05-10$34.34$42.5052.8%14.4%43.8%25.0%50.5%4.3%-2.4%131.0K22.6M-111.1K0.3856.05N/AN/A2,62699727,49412,348
2022-05-11$33.75$40.0051.8%14.9%43.7%23.9%50.8%5.8%-1.8%84.7K23.9M-99.4K0.4357.62N/AN/A2,23096227,77512,302
2022-05-12$34.65$40.0050.6%14.5%44.6%22.5%49.8%5.5%-2.8%120.1K22.5M-107.9K0.3953.84N/AN/A2,29488627,81812,390
2022-05-13$36.60$40.0045.2%13.0%50.6%16.4%45.0%6.1%-0.8%225.2K19.6M-120.5K0.4854.78N/AN/A1,84289127,85512,408
2022-05-16$36.14$40.0046.8%13.4%50.6%18.2%46.6%4.9%-1.0%155.6K20.8M-112.0K0.5160.99N/AN/A1,59781027,90812,363
2022-05-17$37.01$40.0042.8%12.3%51.6%13.6%44.3%4.2%-0.1%183.0K19.8M-112.1K0.6958.36N/AN/A1,16880927,81412,370
2022-05-18$36.32$40.0045.6%13.1%51.1%16.7%48.0%6.0%-1.8%154.4K20.7M-109.5K0.7056.56N/AN/A1,15781227,83312,396
2022-05-19$36.14$40.0046.7%13.4%51.1%18.1%46.8%4.4%-1.7%145.5K21.7M-104.9K1.6162.86N/AN/A1,1761,89327,82912,391
2022-05-20$35.60$40.0047.3%13.6%50.9%18.7%47.8%5.8%-0.8%67.8K23.6M-114.6K0.7565.33N/AN/A1,24493127,84513,528
2022-05-23$35.51$40.0046.1%13.2%51.0%17.3%47.8%3.2%-0.8%60.2K14.1M-113.0K1.6162.44N/AN/A9281,49720,32710,116
2022-05-24$34.96$40.0047.5%13.6%50.8%19.0%47.3%4.7%-2.6%12.4K14.6M-106.2K1.3659.65N/AN/A1,0991,49620,3619,916
2022-05-25$36.05$40.0045.5%13.0%52.8%16.6%45.2%3.6%-0.8%76.9K12.8M-112.4K1.6362.21N/AN/A1,1001,79220,4219,862
2022-05-26$37.49$40.0042.5%12.2%55.3%13.3%45.6%4.5%-1.2%117.2K11.2M-120.3K1.5069.47N/AN/A1,0471,56820,48010,128
2022-05-27$38.25$40.0039.5%11.3%55.9%9.9%39.4%3.9%-0.8%160.5K9.9M-123.3K1.4850.15N/AN/A1,1401,68720,51110,210
2022-05-31$38.49$40.0044.5%12.8%55.9%15.6%43.1%3.9%-2.5%192.4K9.5M-125.4K0.6160.37N/AN/A2,8421,72620,53110,407