TDC Options History — September 2024

In September 2024, TDC traded between $27.30 and $30.31. ATM implied volatility averaged 30.4%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 9.5% (HV 20d: 20.9%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.20.

Notable Days

  • 2024-09-30: Highest Volume — 345 contracts
  • 2024-09-19: Largest IV drop — 14.1% change
  • 2024-09-09: Highest IV Rank — 17.2%
  • 2024-09-06: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.61$27.30$30.31$27.81$30.23
Max Pain$29.75$27.50$30.00$27.50$30.00
ATM IV30.4%26.6%34.0%33.0%29.6%
Expected Move8.7%7.6%9.6%9.5%8.5%
HV 20d20.9%15.9%58.5%58.5%16.9%
HV 60d46.1%45.9%46.4%46.3%46.2%
IV Rank13.2%9.2%17.2%16.1%12.4%
IV Percentile56.2%38.5%64.7%64.3%54.0%
Term Structure9.9%-1.9%19.9%-1.9%18.8%
VWIV31.3%26.0%39.9%30.7%37.4%
Skew 25d3.0%0.1%7.6%4.3%3.2%
Skew 10d5.1%-5.1%20.7%7.5%5.8%
Call IV 25d30.2%22.9%33.4%31.2%30.6%
Put IV 25d33.2%30.0%35.5%35.5%33.8%
Bid-Ask Spread %73.8258.7687.1558.7675.43
Gamma HHI0.200.160.310.190.16
Net GEX27.9K8.4K50.3K23.9K38.0K
Net DEX-466.0K-1.2M255.4K-126.4K-1.1M
Net VEX-10.3K-11.2K-9.7K-11.2K-10.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.0014.000.0314.00
Total Volume71.05834560345
Total OI5,495.854,8085,7825,7045,015

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$27.81$27.5033.0%9.5%58.5%16.1%30.7%4.3%-1.9%23.9K-126.4K-11.2K0.0358.76N/AN/A5824,5691,135
2024-09-04$27.84$27.5031.9%9.1%25.6%14.9%0.0%4.3%0.1%23.1K-128.0K-11.0K1.0078.66N/AN/A994,5701,137
2024-09-05$27.59$30.0031.6%9.3%23.7%14.6%39.9%0.6%5.8%20.6K-33.9K-11.0K0.6074.33N/AN/A534,5681,141
2024-09-06$27.51$30.0031.9%9.6%23.8%14.9%33.5%4.7%4.5%22.2K-95.5K-11.0K1.1786.60N/AN/A674,5681,140
2024-09-09$27.30$30.0034.0%9.4%22.0%17.2%34.7%2.0%5.6%9.8K255.4K-10.0K0.2184.16N/AN/A1434,5651,147
2024-09-10$27.52$30.0033.0%9.0%22.1%16.1%31.7%3.2%6.8%9.5K119.7K-10.1K0.0077.10N/AN/A2504,5671,148
2024-09-11$27.56$30.0031.6%9.1%17.5%14.6%30.2%3.2%6.4%8.4K137.6K-9.8K0.3976.65N/AN/A28114,5851,148
2024-09-12$27.66$30.0030.4%8.7%17.2%13.3%0.0%2.2%6.8%9.7K58.0K-9.9K0.0077.65N/AN/A1104,5921,147
2024-09-13$28.41$30.0030.5%8.7%18.2%13.3%30.4%2.2%7.8%35.0K-506.1K-10.5K0.0066.01N/AN/A3904,6021,146
2024-09-16$28.82$30.0031.6%9.1%18.3%14.6%33.1%2.6%5.9%38.9K-702.9K-10.6K0.3972.54N/AN/A66264,6001,146
2024-09-17$28.77$30.0030.3%8.7%18.3%13.2%30.3%3.1%6.7%37.7K-672.0K-10.4K2.2066.60N/AN/A5114,6191,156
2024-09-18$28.70$30.0033.3%9.6%18.1%16.4%31.1%3.2%4.5%35.2K-657.4K-10.5K0.2583.13N/AN/A1234,6191,159
2024-09-19$29.06$30.0028.6%8.2%17.7%11.3%28.7%7.6%10.7%50.3K-856.0K-10.1K0.0487.15N/AN/A5124,6211,161
2024-09-20$29.26$30.0026.6%7.6%16.9%9.2%26.0%7.1%19.4%27.8K-908.8K-9.7K0.5484.89N/AN/A26144,6171,162
2024-09-23$29.30$30.0027.5%7.9%16.5%10.1%28.8%1.5%17.1%28.1K-622.3K-9.8K0.4968.53N/AN/A119583,833975
2024-09-24$29.30$30.0027.6%7.9%16.4%10.2%27.7%1.6%16.9%33.5K-628.2K-9.9K0.0472.63N/AN/A12953,8931,021
2024-09-25$29.24$30.0028.9%8.3%15.9%11.6%28.8%0.1%17.4%30.2K-588.8K-9.8K0.3966.23N/AN/A1873,8881,022
2024-09-26$29.98$30.0028.0%8.0%17.7%10.7%27.8%1.5%19.3%37.1K-1.0M-10.2K1.1960.58N/AN/A26313,8961,049
2024-09-27$30.31$30.0027.7%7.9%17.1%10.3%32.9%2.3%19.9%39.2K-1.2M-10.6K1.0158.76N/AN/A1181193,9051,085
2024-09-30$30.23$30.0029.6%8.5%16.9%12.4%37.4%3.2%18.8%38.0K-1.1M-10.5K14.0075.43N/AN/A233223,9131,102