TDC Options History — January 2023

In January 2023, TDC traded between $32.69 and $34.84. ATM implied volatility averaged 49.2%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 28.6% (HV 20d: 20.6%). Max pain ranged from $32.50 to $35.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2023-01-03: Highest Volume — 639 contracts
  • 2023-01-11: Largest IV spike — 37.8% change
  • 2023-01-31: Highest IV Rank — 35.9%
  • 2023-01-31: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.66$32.69$34.84$33.42$34.84
Max Pain$32.75$32.50$35.00$35.00$32.50
ATM IV49.2%35.9%62.3%38.6%62.3%
Expected Move14.9%10.3%17.9%11.1%17.9%
HV 20d20.6%16.2%25.3%25.3%16.7%
HV 60d32.0%29.9%34.9%34.9%29.9%
IV Rank21.0%5.7%35.9%8.9%35.9%
IV Percentile57.2%9.5%84.5%22.6%84.5%
Term Structure-8.6%-17.3%14.1%12.5%-17.3%
VWIV51.2%29.1%62.2%29.1%62.2%
Skew 25d4.7%1.8%7.5%2.7%5.0%
Skew 10d9.3%3.4%15.0%3.4%10.5%
Call IV 25d50.4%37.1%62.0%37.5%62.0%
Put IV 25d55.1%38.8%66.9%40.2%66.9%
Bid-Ask Spread %49.2117.1186.2280.2543.10
Gamma HHI0.330.230.720.250.26
Net GEX-205.1K-628.4K141.0K-282.8K134.8K
Net DEX844.1K-3.0M4.7M1.5M-2.9M
Net VEX-40.0K-46.4K-35.3K-46.3K-38.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.008.280.050.18
Total Volume152.451063963980
Total OI12,815.756,63516,31315,0617,191

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$33.42$35.0038.6%11.1%25.3%8.9%29.1%2.7%12.5%-282.8K1.5M-46.3K0.0580.25N/AN/A610298,6076,454
2023-01-04$33.94$35.0035.9%10.3%24.8%5.7%37.0%1.8%14.1%-269.0K284.5K-46.4K0.7286.22N/AN/A46339,1826,466
2023-01-05$33.97$32.5037.1%14.3%24.4%7.1%0.0%4.3%-9.0%-265.5K335.2K-46.3K0.5041.71N/AN/A62319,2266,478
2023-01-06$33.69$32.5036.7%14.6%23.8%6.6%50.2%4.8%-9.3%-305.6K1.2M-45.7K1.1345.51N/AN/A78889,2856,509
2023-01-09$33.63$32.5038.9%14.8%22.8%9.1%49.9%4.6%-9.9%-322.4K1.3M-44.0K0.2933.23N/AN/A56169,3646,576
2023-01-10$32.97$32.5037.4%14.7%23.8%7.4%50.2%3.9%-9.9%-353.5K3.3M-42.0K0.0435.68N/AN/A2519,3946,576
2023-01-11$33.30$32.5051.5%14.8%24.0%23.5%0.0%5.2%-9.8%-359.4K2.5M-41.9K1.5052.54N/AN/A469,4046,576
2023-01-12$33.42$32.5050.7%14.5%22.6%22.7%50.4%4.2%-10.1%-383.5K2.5M-40.4K8.2852.07N/AN/A252079,4026,576
2023-01-13$33.27$32.5049.4%14.2%22.6%21.1%49.8%6.2%-9.3%-402.8K3.3M-39.3K0.8350.62N/AN/A75629,4316,757
2023-01-17$33.20$32.5052.9%15.2%18.2%25.2%53.8%5.1%-12.0%-411.9K3.8M-36.6K0.8150.39N/AN/A53439,4646,798
2023-01-18$32.91$32.5053.2%15.3%18.4%25.5%52.1%4.8%-11.8%-457.9K4.6M-35.8K0.6549.62N/AN/A77509,4946,819
2023-01-19$32.69$32.5052.0%14.9%17.3%24.1%52.2%3.9%-7.4%-628.4K4.7M-35.8K0.6648.91N/AN/A87579,5596,743
2023-01-20$32.94$32.5052.9%15.2%16.2%25.1%51.9%4.6%-8.4%-428.6K2.7M-35.3K0.2854.05N/AN/A103299,5966,582
2023-01-23$33.75$32.5053.9%15.5%18.4%26.3%52.7%5.8%-9.7%66.5K-1.2M-37.0K0.2646.86N/AN/A225593,8452,790
2023-01-24$33.48$32.5054.8%15.7%18.6%27.3%53.7%4.0%-11.5%75.3K-1.2M-36.9K0.1453.09N/AN/A71104,0512,834
2023-01-25$33.89$32.5053.8%15.4%19.1%26.1%54.3%6.1%-11.6%89.2K-1.6M-37.2K0.1364.24N/AN/A358484,0942,844
2023-01-26$34.33$32.5055.1%15.8%19.5%27.7%55.8%5.0%-12.4%123.5K-2.4M-38.3K0.0944.04N/AN/A5754,2822,819
2023-01-27$34.81$32.5056.8%16.3%19.0%29.6%55.9%7.5%-12.9%139.7K-3.0M-38.8K0.0034.90N/AN/A2204,2972,822
2023-01-30$34.81$32.5061.0%17.5%17.0%34.4%61.2%5.1%-16.2%141.0K-2.9M-37.5K1.3017.11N/AN/A70914,3062,822
2023-01-31$34.84$32.5062.3%17.9%16.7%35.9%62.2%5.0%-17.3%134.8K-2.9M-38.1K0.1843.10N/AN/A68124,3072,884