TDC Options History — October 2023

In October 2023, TDC traded between $42.20 and $46.34. ATM implied volatility averaged 43.5%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 18.0% (HV 20d: 25.5%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2023-10-25: Highest Volume — 817 contracts
  • 2023-10-11: Largest IV spike — 52.8% change
  • 2023-10-31: Highest IV Rank — 56.3%
  • 2023-10-31: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.28$42.20$46.34$45.16$42.71
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV43.5%25.8%61.8%26.1%61.8%
Expected Move13.3%7.5%17.7%7.5%17.7%
HV 20d25.5%20.8%28.2%20.8%24.1%
HV 60d42.1%41.5%42.5%41.7%41.6%
IV Rank31.4%7.3%56.3%7.6%56.3%
IV Percentile64.9%17.1%94.0%18.7%94.0%
Term Structure-6.7%-17.1%15.3%15.3%-17.1%
VWIV46.1%26.0%66.9%26.0%66.9%
Skew 25d5.0%1.1%8.3%2.8%8.3%
Skew 10d9.4%-3.0%17.4%-3.0%13.8%
Call IV 25d44.7%26.0%57.6%26.0%57.6%
Put IV 25d49.6%28.8%65.9%28.8%65.9%
Bid-Ask Spread %51.8434.9168.1340.1251.79
Gamma HHI0.200.160.260.160.17
Net GEX194.2K111.3K315.9K262.3K185.6K
Net DEX-4.0M-8.2M-1.0M-5.6M-1.8M
Net VEX-31.2K-38.2K-23.9K-38.2K-26.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.0012.380.001.54
Total Volume185.318358178361
Total OI10,599.2277,06212,36811,6648,021

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$45.16$45.0026.1%7.5%20.8%7.6%26.0%2.8%15.3%262.3K-5.6M-38.2K0.0040.12N/AN/A8308,6752,989
2023-10-03$43.89$45.0028.7%8.2%22.0%11.1%28.8%3.2%13.1%222.9K-3.1M-36.7K0.5268.13N/AN/A23128,7282,989
2023-10-04$44.75$45.0027.2%7.8%23.0%9.2%27.3%1.1%14.5%249.7K-4.7M-36.6K0.4866.80N/AN/A25128,7272,992
2023-10-05$45.18$45.0027.9%12.2%22.9%10.0%41.6%4.7%-7.4%274.7K-5.6M-37.0K12.3855.44N/AN/A131618,7502,993
2023-10-06$46.34$45.0025.8%11.8%24.4%7.3%43.9%5.3%-6.2%315.9K-8.2M-36.7K0.4859.09N/AN/A56278,7533,150
2023-10-09$45.91$45.0028.7%12.5%24.7%11.1%42.7%4.0%-8.3%268.6K-7.0M-35.6K6.0044.12N/AN/A191148,7283,248
2023-10-10$46.11$45.0029.0%12.5%24.4%11.7%42.4%3.6%-8.5%270.1K-7.3M-35.7K0.2740.11N/AN/A45128,7313,350
2023-10-11$46.06$45.0044.4%12.7%24.3%32.5%44.2%3.0%-10.1%272.6K-7.5M-34.0K1.0939.35N/AN/A46508,7463,361
2023-10-12$44.64$45.0044.0%12.6%26.8%32.0%44.9%4.1%-9.7%155.1K-3.9M-32.2K0.3835.07N/AN/A60238,7443,372
2023-10-13$44.09$45.0044.8%12.8%27.2%33.1%44.6%4.1%-9.3%111.3K-2.5M-31.2K0.9946.47N/AN/A71708,7523,371
2023-10-16$45.07$45.0045.0%12.9%28.2%33.4%44.1%4.5%-10.7%189.7K-5.4M-30.4K0.0934.91N/AN/A347308,7683,363
2023-10-17$45.06$45.0046.5%13.3%28.2%35.3%46.3%4.4%-10.5%186.6K-5.6M-31.4K0.9249.93N/AN/A66618,8963,368
2023-10-18$44.69$45.0048.1%13.8%28.1%37.7%49.6%5.1%-11.7%161.0K-4.7M-30.6K0.5654.90N/AN/A48278,9283,373
2023-10-19$43.88$45.0047.6%13.7%27.1%37.0%49.4%4.4%-4.3%112.1K-2.7M-29.7K3.2567.23N/AN/A16528,9583,398
2023-10-20$43.52$45.0051.3%14.7%27.1%41.9%48.5%5.5%-8.4%124.0K-2.2M-27.9K2.6647.69N/AN/A922458,9703,398
2023-10-23$43.67$45.0051.7%14.8%27.1%42.6%48.4%5.3%-9.5%128.8K-2.5M-27.3K0.0665.26N/AN/A454284,7502,312
2023-10-24$43.94$45.0050.1%14.4%26.4%40.3%47.0%7.8%-9.3%161.0K-2.9M-28.1K0.0267.41N/AN/A10625,1162,314
2023-10-25$42.67$45.0055.5%15.9%28.1%47.7%55.2%6.7%-10.5%146.0K-1.7M-26.4K0.0462.84N/AN/A787305,1502,316
2023-10-26$42.30$45.0056.2%16.1%25.6%48.6%54.1%6.6%-11.0%147.5K-1.0M-25.6K0.5249.69N/AN/A100525,1252,321
2023-10-27$42.20$45.0057.9%16.6%25.5%50.9%60.2%7.7%-13.0%156.2K-1.1M-25.0K1.6645.12N/AN/A771285,2202,267
2023-10-30$42.22$45.0059.8%17.1%25.5%53.5%57.1%7.5%-15.5%169.9K-1.1M-23.9K0.1748.91N/AN/A296505,3152,387
2023-10-31$42.71$45.0061.8%17.7%24.1%56.3%66.9%8.3%-17.1%185.6K-1.8M-26.6K1.5451.79N/AN/A24375,5982,423