TDC Options History — May 2024

In May 2024, TDC traded between $31.62 and $37.78. ATM implied volatility averaged 32.3%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 14.8% (HV 20d: 47.1%). Max pain ranged from $32.50 to $37.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2024-05-07: Highest Volume — 5,665 contracts
  • 2024-05-07: Largest IV drop — 58.6% change
  • 2024-05-06: Highest IV Rank — 100.0%
  • 2024-05-02: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.73$31.62$37.78$37.69$32.45
Max Pain$35.23$32.50$37.50$37.50$32.50
ATM IV32.3%21.8%76.6%57.9%25.6%
Expected Move8.7%6.4%18.4%16.6%7.3%
HV 20d47.1%20.8%54.0%20.8%54.0%
HV 60d40.7%34.3%60.4%54.0%34.3%
IV Rank23.8%4.5%100.0%74.6%11.1%
IV Percentile37.1%5.6%100.0%94.8%32.5%
Term Structure-3.0%-22.4%2.0%-18.2%-0.6%
VWIV30.6%22.7%64.0%60.5%26.7%
Skew 25d0.8%-1.3%5.7%-1.3%1.3%
Skew 10d1.1%-7.2%29.4%-0.7%2.1%
Call IV 25d30.9%22.3%63.8%60.9%26.6%
Put IV 25d31.7%22.5%67.4%59.6%27.9%
Bid-Ask Spread %71.0447.27103.3761.3778.29
Gamma HHI0.330.230.430.230.41
Net GEX240.8K-165.2K355.2K299.8K280.4K
Net DEX-694.6K-4.4M7.0M-3.8M-1.3M
Net VEX-35.7K-46.0K-20.3K-44.6K-31.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.042.980.040.15
Total Volume777.182555,66510655
Total OI13,425.6369,91917,2139,91911,760

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$37.69$37.5057.9%16.6%20.8%74.6%60.5%-1.3%-18.2%299.8K-3.8M-44.6K0.0461.37N/AN/A10247,0722,847
2024-05-02$37.23$37.5064.0%18.4%21.2%86.3%64.0%1.7%-22.4%265.9K-3.0M-43.5K0.2360.18N/AN/A252587,0922,849
2024-05-03$37.25$37.5063.6%18.2%21.0%85.6%62.6%5.7%-21.5%282.6K-3.0M-43.5K0.2760.72N/AN/A5501467,2252,895
2024-05-06$37.78$37.5076.6%12.5%21.7%100.0%42.8%5.4%-5.1%325.1K-4.4M-46.0K0.3565.29N/AN/A3,3681,1767,6592,956
2024-05-07$32.91$37.5031.7%7.9%53.0%21.7%27.0%1.2%-0.1%-165.2K7.0M-20.3K0.4768.87N/AN/A3,8611,8049,7533,965
2024-05-08$32.72$35.0026.1%7.3%52.6%12.0%26.7%-0.2%-1.3%25.6K3.4M-30.6K0.1278.51N/AN/A1,73420012,6583,611
2024-05-09$32.80$35.0025.6%6.9%52.7%11.1%24.3%0.6%0.7%192.3K1.1M-33.7K1.1369.43N/AN/A17619913,7733,189
2024-05-10$32.88$35.0024.6%6.9%51.7%9.4%24.2%0.4%-0.0%235.8K230.7K-34.8K0.7472.84N/AN/A27120113,8192,979
2024-05-13$34.05$35.0030.7%7.2%53.3%20.0%24.7%-1.2%-0.6%347.1K-2.9M-41.1K0.2055.31N/AN/A3286713,9863,035
2024-05-14$33.75$35.0021.8%7.2%53.0%4.5%24.2%0.3%-0.2%320.8K-2.0M-39.1K0.1855.23N/AN/A1853314,0153,067
2024-05-15$34.17$35.0024.2%6.9%53.2%8.5%24.5%-0.1%0.1%355.2K-3.2M-41.2K0.2747.27N/AN/A1514113,9873,080
2024-05-16$33.92$35.0023.8%6.8%53.1%8.0%24.2%0.1%-0.2%338.4K-2.4M-39.5K2.9885.03N/AN/A9327713,9903,076
2024-05-17$33.64$35.0022.5%6.4%53.0%5.6%22.7%-0.5%2.0%339.3K-2.3M-40.5K0.1078.49N/AN/A961014,0313,182
2024-05-20$33.47$35.0023.2%6.6%52.6%6.8%22.9%0.1%0.3%325.5K-1.2M-36.7K0.3167.59N/AN/A3691159,2172,266
2024-05-21$32.77$35.0023.3%6.7%52.8%7.0%23.6%0.7%0.4%246.7K340.3K-32.3K0.1878.03N/AN/A119219,2512,368
2024-05-22$33.02$35.0023.2%6.6%52.9%6.8%23.8%0.7%1.2%299.9K-1.4M-39.8K0.1574.56N/AN/A6299,2912,349
2024-05-23$32.53$35.0023.8%6.8%52.6%7.9%25.7%0.2%0.7%227.1K675.2K-31.1K0.26103.37N/AN/A72199,3312,356
2024-05-24$31.79$35.0023.2%6.6%52.7%6.9%23.2%1.1%0.8%154.1K1.8M-27.1K0.4178.92N/AN/A4391789,3762,343
2024-05-28$31.80$35.0025.9%7.4%52.6%11.5%25.9%-0.2%-1.4%193.0K1.3M-30.8K0.3558.87N/AN/A74269,6862,505
2024-05-29$31.89$32.5025.1%7.2%52.7%10.1%25.1%1.1%-0.4%213.8K-229.7K-29.4K0.1384.98N/AN/A5479,7251,997
2024-05-30$31.62$32.5024.6%7.1%52.6%9.3%24.2%0.6%0.8%193.9K-37.6K-28.8K0.1479.77N/AN/A84129,7581,994
2024-05-31$32.45$32.5025.6%7.3%54.0%11.1%26.7%1.3%-0.6%280.4K-1.3M-31.7K0.1578.29N/AN/A4879,7631,997