TDC Options History — June 2023

In June 2023, TDC traded between $46.84 and $53.48. ATM implied volatility averaged 26.1%, placing in the 2.5% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 0.2% (HV 20d: 26.2%). Max pain ranged from $42.50 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-06-13: Highest Volume — 2,922 contracts
  • 2023-06-12: Largest IV spike — 18.8% change
  • 2023-06-12: Highest IV Rank — 11.4%
  • 2023-06-01: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.50$46.84$53.48$46.84$53.48
Max Pain$43.93$42.50$45.00$45.00$45.00
ATM IV26.1%21.7%33.0%27.4%21.7%
Expected Move7.2%6.2%7.9%7.9%6.2%
HV 20d26.2%19.9%39.7%38.4%20.1%
HV 60d30.4%29.8%31.9%31.2%29.8%
IV Rank2.5%0.0%11.4%3.3%0.0%
IV Percentile4.8%0.0%23.4%5.2%0.0%
Term Structure8.9%-0.8%13.3%-0.8%13.3%
VWIV26.8%21.5%38.9%29.3%21.5%
Skew 25d1.7%-0.7%3.5%1.3%-0.7%
Skew 10d1.9%-9.1%7.7%1.9%-2.6%
Call IV 25d25.2%23.3%28.2%28.2%23.8%
Put IV 25d27.0%23.1%29.5%29.5%23.1%
Bid-Ask Spread %70.7330.7788.0784.7860.70
Gamma HHI0.320.260.430.430.34
Net GEX862.2K606.1K1.0M740.8K940.8K
Net DEX-26.4M-36.6M-14.1M-14.1M-33.8M
Net VEX-68.5K-90.4K-48.2K-52.8K-83.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.021.480.431.19
Total Volume586.667202,92233346
Total OI11,915.7149,47913,7869,48113,786

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$46.84$45.0027.4%7.9%38.4%3.3%29.3%1.3%-0.8%740.8K-14.1M-52.8K0.4384.78N/AN/A23106,1733,308
2023-06-02$48.61$45.0027.1%7.8%39.7%2.9%28.3%1.6%-0.3%767.6K-19.0M-49.7K0.1183.15N/AN/A1,4641566,1693,310
2023-06-05$48.38$42.5028.5%7.8%29.5%4.8%27.1%2.9%6.2%882.4K-21.2M-56.0K0.1865.95N/AN/A3367,1943,369
2023-06-06$48.22$42.5028.8%7.4%29.3%5.3%27.8%2.2%6.9%959.8K-20.6M-56.7K0.0774.63N/AN/A7457,1973,363
2023-06-07$47.60$42.5027.5%7.4%29.6%3.3%26.3%2.2%6.5%1.0M-19.0M-56.2K1.0069.88N/AN/A10107,1963,366
2023-06-08$48.70$42.5025.3%7.5%28.8%0.3%25.3%2.3%6.6%1.0M-22.5M-53.1K0.7276.31N/AN/A71517,2193,398
2023-06-09$49.00$42.5027.8%7.1%26.8%3.8%25.5%2.8%7.3%942.2K-23.4M-51.8K0.1173.83N/AN/A4757,2373,459
2023-06-12$50.20$42.5033.0%7.5%27.5%11.4%26.0%2.2%6.5%731.2K-26.5M-48.2K0.2181.31N/AN/A447957,2503,464
2023-06-13$50.77$42.5031.7%7.4%27.4%9.5%25.9%1.1%6.7%606.1K-28.7M-49.2K0.0278.83N/AN/A2,868547,4893,547
2023-06-14$51.23$42.5026.8%7.7%26.4%2.3%26.9%1.6%10.1%823.1K-35.2M-72.2K1.1581.00N/AN/A2172499,8113,569
2023-06-15$51.56$42.5025.6%7.3%26.1%0.6%26.2%1.3%11.1%886.5K-35.3M-72.3K0.9878.20N/AN/A56559,8283,747
2023-06-16$51.72$45.0024.3%7.0%24.7%0.0%25.5%1.8%12.5%707.6K-36.6M-68.2K0.7633.13N/AN/A1401069,8133,768
2023-06-20$51.63$45.0024.9%7.1%24.4%0.8%25.3%0.7%11.7%725.2K-25.8M-67.5K0.0630.77N/AN/A967617,8102,782
2023-06-21$51.66$45.0024.2%7.0%23.9%0.0%25.5%0.7%9.3%779.3K-25.8M-72.1K0.6883.97N/AN/A1,4549917,9952,844
2023-06-22$51.91$45.0023.6%6.8%21.9%0.0%24.8%2.2%11.6%875.3K-27.2M-87.8K0.3032.17N/AN/A103319,3033,753
2023-06-23$51.57$45.0023.7%6.8%22.3%0.2%38.9%2.1%11.3%892.3K-26.3M-87.3K0.0482.02N/AN/A861379,3933,777
2023-06-26$50.88$45.0025.2%7.2%23.4%2.4%25.5%1.2%12.9%930.0K-25.3M-89.4K0.3578.51N/AN/A106379,7723,800
2023-06-27$51.61$45.0024.1%6.9%20.5%0.8%31.0%3.5%11.5%968.8K-27.7M-90.4K1.4867.36N/AN/A27409,8153,784
2023-06-28$52.25$45.0023.7%6.8%20.6%0.2%23.8%2.0%12.1%971.6K-29.7M-87.9K0.8680.79N/AN/A2652299,8053,808
2023-06-29$52.58$45.0022.6%6.5%19.9%0.0%26.2%1.4%12.8%946.3K-30.8M-85.6K0.0588.07N/AN/A490239,8213,938
2023-06-30$53.48$45.0021.7%6.2%20.1%0.0%21.5%-0.7%13.3%940.8K-33.8M-83.7K1.1960.70N/AN/A1581889,8333,953