TDC Options History — April 2023

In April 2023, TDC traded between $37.95 and $40.83. ATM implied volatility averaged 40.6%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 20.2% (HV 20d: 20.4%). Max pain ranged from $32.50 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.95.

Notable Days

  • 2023-04-21: Highest Volume — 667 contracts
  • 2023-04-12: Largest IV spike — 67.5% change
  • 2023-04-26: Highest IV Rank — 37.0%
  • 2023-04-26: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.92$37.95$40.83$40.83$38.67
Max Pain$38.16$32.50$40.00$32.50$40.00
ATM IV40.6%25.9%51.1%28.1%50.4%
Expected Move12.4%7.7%14.6%8.1%14.4%
HV 20d20.4%16.6%26.2%26.2%20.6%
HV 60d37.6%37.3%38.3%37.8%37.9%
IV Rank21.3%0.0%37.0%0.4%36.1%
IV Percentile44.0%0.0%73.4%0.8%72.2%
Term Structure-5.3%-11.4%15.6%14.0%-11.4%
VWIV43.4%26.8%52.8%26.8%50.2%
Skew 25d6.2%3.9%8.1%5.6%5.5%
Skew 10d14.9%7.5%26.0%10.4%11.1%
Call IV 25d40.7%25.2%49.4%25.2%48.1%
Put IV 25d46.9%30.8%55.3%30.8%53.6%
Bid-Ask Spread %62.8829.9393.5692.8464.66
Gamma HHI0.470.180.960.410.22
Net GEX809.0K63.8K5.9M516.3K121.2K
Net DEX-7.9M-11.4M-1.3M-10.8M-2.2M
Net VEX-38.9K-42.1K-35.8K-42.1K-38.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.035.701.121.60
Total Volume228.4742266753291
Total OI8,296.5794,95410,0678,7506,002

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$40.83$32.5028.1%8.1%26.2%0.4%26.8%5.6%14.0%516.3K-10.8M-42.1K1.1292.84N/AN/A25285,6033,147
2023-04-04$40.55$32.5028.8%8.3%25.9%1.6%29.3%4.0%13.8%518.3K-10.4M-41.7K0.1093.56N/AN/A2025,6043,152
2023-04-05$40.21$32.5026.9%7.7%26.0%0.0%26.9%5.0%15.6%535.6K-9.6M-41.1K1.3386.95N/AN/A30405,6033,152
2023-04-06$40.20$37.5025.9%12.4%23.6%0.0%43.1%8.0%-7.2%554.3K-9.6M-40.7K0.7164.29N/AN/A24175,6023,152
2023-04-10$40.22$37.5028.0%12.5%20.3%3.1%52.8%7.5%-7.8%578.6K-9.5M-39.6K5.7063.46N/AN/A331885,6053,153
2023-04-11$40.23$37.5026.1%12.6%19.9%0.3%45.0%7.8%-8.4%612.6K-9.6M-38.7K0.1375.56N/AN/A4765,6003,238
2023-04-12$40.08$37.5043.7%12.5%20.1%26.2%42.8%6.9%-8.8%617.2K-9.0M-38.2K0.8474.91N/AN/A1771485,5803,241
2023-04-13$40.78$37.5042.5%12.2%20.0%24.4%41.6%3.9%-7.4%665.8K-10.8M-40.0K0.3872.17N/AN/A179685,7853,442
2023-04-14$40.75$40.0044.9%12.9%18.2%27.9%44.4%8.1%-8.5%699.2K-11.2M-39.9K0.1070.73N/AN/A572565,9393,486
2023-04-17$40.82$40.0044.4%12.7%17.6%27.2%45.8%5.9%-9.2%805.3K-11.4M-40.2K1.7834.32N/AN/A18326,4173,523
2023-04-18$40.77$40.0045.0%12.9%16.9%28.2%43.4%6.8%-10.5%901.8K-11.4M-38.9K0.0334.82N/AN/A7626,4233,519
2023-04-19$40.50$40.0045.8%13.1%16.6%29.2%44.9%5.9%-11.1%857.7K-10.6M-37.5K0.3335.10N/AN/A104346,4413,522
2023-04-20$39.91$40.0045.3%13.0%17.0%28.5%45.3%5.8%-6.2%1.1M-8.4M-38.1K1.0259.78N/AN/A51526,4833,543
2023-04-21$40.02$40.0045.8%13.1%16.8%29.3%44.3%6.7%-8.2%5.9M-9.1M-37.2K0.1060.18N/AN/A608596,4793,588
2023-04-24$39.39$40.0047.4%13.6%18.0%31.6%47.7%6.7%-9.4%93.4K-2.6M-36.2K0.9761.34N/AN/A1501463,0361,918
2023-04-25$37.95$40.0050.8%14.6%21.7%36.6%49.5%5.9%-10.3%63.8K-1.3M-35.8K0.0577.43N/AN/A538293,1372,041
2023-04-26$38.02$40.0051.1%14.6%21.3%37.0%50.4%4.9%-10.2%102.8K-1.6M-36.6K0.7342.64N/AN/A1391013,5972,061
2023-04-27$38.52$40.0050.9%14.6%20.5%36.8%50.5%6.1%-10.2%116.9K-2.1M-38.2K1.0629.93N/AN/A1221293,6772,144
2023-04-28$38.67$40.0050.4%14.4%20.6%36.1%50.2%5.5%-11.4%121.2K-2.2M-38.5K1.6064.66N/AN/A1121793,7632,239