TDC Options History — April 2024

In April 2024, TDC traded between $35.75 and $38.67. ATM implied volatility averaged 42.4%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 22.5% (HV 20d: 19.9%). Max pain ranged from $37.50 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2024-04-19: Highest Volume — 794 contracts
  • 2024-04-10: Largest IV spike — 71.5% change
  • 2024-04-30: Highest IV Rank — 78.2%
  • 2024-04-30: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.41$35.75$38.67$38.54$37.59
Max Pain$38.75$37.50$40.00$40.00$37.50
ATM IV42.4%25.4%59.8%25.9%59.8%
Expected Move13.1%7.3%17.1%7.4%17.1%
HV 20d19.9%14.4%23.0%19.7%21.0%
HV 60d54.8%54.0%55.8%55.8%54.0%
IV Rank44.6%11.8%78.2%12.8%78.2%
IV Percentile70.2%26.6%96.4%31.7%96.4%
Term Structure-7.2%-19.8%19.7%16.7%-19.8%
VWIV45.6%25.4%59.9%25.4%59.9%
Skew 25d2.4%0.4%5.8%3.5%0.5%
Skew 10d5.0%-1.4%13.2%13.2%-1.4%
Call IV 25d44.9%22.8%59.1%22.8%59.1%
Put IV 25d47.3%26.0%59.6%26.3%59.6%
Bid-Ask Spread %52.5235.6365.8665.8654.48
Gamma HHI0.280.210.400.310.22
Net GEX268.2K105.5K458.1K431.3K269.3K
Net DEX-2.0M-4.2M919.7K-4.2M-3.4M
Net VEX-35.6K-44.2K-25.1K-38.1K-43.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.022.231.030.03
Total Volume27042794154307
Total OI10,722.3188,57413,00810,8109,625

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$38.54$40.0025.9%7.4%19.7%12.8%25.4%3.5%16.7%431.3K-4.2M-38.1K1.0365.86N/AN/A76788,9301,880
2024-04-02$38.16$40.0025.4%7.3%19.9%11.8%26.4%1.2%19.7%371.0K-3.3M-36.7K0.0265.69N/AN/A5918,9721,930
2024-04-03$38.48$40.0025.7%7.4%19.2%12.4%26.0%1.7%18.8%417.0K-4.0M-37.1K0.2961.59N/AN/A140409,0041,887
2024-04-04$38.53$40.0027.2%12.7%15.2%15.4%45.7%1.7%-7.9%417.8K-4.1M-37.7K0.6244.72N/AN/A26169,1211,927
2024-04-05$38.22$40.0026.5%12.5%14.7%14.0%44.3%2.0%-9.0%378.0K-3.5M-36.6K1.4345.78N/AN/A40579,1261,932
2024-04-08$38.20$40.0027.0%12.8%14.4%14.8%44.0%2.9%-7.3%367.7K-3.2M-34.6K0.1053.88N/AN/A126129,1501,985
2024-04-09$38.67$40.0026.4%12.6%15.0%13.8%42.9%3.4%-5.0%458.1K-4.1M-35.7K1.1452.31N/AN/A28329,2681,991
2024-04-10$37.72$40.0045.3%13.0%17.5%50.3%45.5%2.8%-9.8%305.0K-2.1M-32.2K0.9446.25N/AN/A32309,2911,967
2024-04-11$37.70$40.0045.5%13.0%17.5%50.5%45.3%2.3%-10.3%285.0K-1.9M-30.8K0.6551.71N/AN/A96629,3041,990
2024-04-12$36.41$40.0047.5%13.6%21.1%54.5%46.9%5.8%-11.2%165.9K156.1K-27.8K1.6864.64N/AN/A741249,2642,045
2024-04-15$35.75$40.0049.1%14.1%21.6%57.6%48.4%3.4%-12.1%105.5K895.4K-25.1K1.4251.04N/AN/A1992829,3232,131
2024-04-16$36.25$37.5049.1%14.1%22.4%57.5%49.2%2.3%-12.0%108.8K868.6K-26.4K1.7256.99N/AN/A2704659,4352,354
2024-04-17$36.45$37.5047.7%13.7%22.3%54.8%47.8%2.8%-11.4%135.5K437.0K-31.8K0.9863.58N/AN/A1311299,6362,639
2024-04-18$36.72$37.5046.3%13.3%22.4%52.1%46.4%2.7%-7.9%159.2K270.4K-31.1K1.2261.03N/AN/A3304019,6772,675
2024-04-19$36.22$37.5049.0%14.0%22.1%57.3%49.6%1.8%-9.4%132.7K919.7K-33.6K1.6864.22N/AN/A2964989,9823,026
2024-04-22$36.73$37.5048.2%13.8%22.9%55.8%48.1%3.2%-11.2%171.8K-839.5K-37.3K0.0741.06N/AN/A327245,8922,682
2024-04-23$36.88$37.5049.6%14.2%23.0%58.5%49.6%2.9%-11.9%202.8K-1.4M-37.9K0.5047.35N/AN/A32166,1622,699
2024-04-24$37.03$37.5050.1%14.4%22.5%59.4%51.6%2.9%-12.6%214.9K-1.7M-38.2K0.0335.63N/AN/A463146,1892,705
2024-04-25$37.48$37.5051.7%14.8%21.8%62.6%52.1%2.1%-13.6%259.6K-3.0M-43.2K0.5540.64N/AN/A98546,5672,701
2024-04-26$37.59$37.5052.4%15.0%21.2%64.0%52.6%0.4%-14.2%264.4K-3.3M-43.3K0.5438.25N/AN/A161876,6222,726
2024-04-29$37.78$37.5057.5%16.5%21.3%73.7%54.8%1.0%-17.7%280.0K-3.8M-44.2K2.2348.83N/AN/A641436,7332,746
2024-04-30$37.59$37.5059.8%17.1%21.0%78.2%59.9%0.5%-19.8%269.3K-3.4M-43.2K0.0354.48N/AN/A29896,7852,840