TDC Options History — December 2025

In December 2025, TDC traded between $29.34 and $31.87. ATM implied volatility averaged 33.0%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 11.2% (HV 20d: 44.2%). Max pain ranged from $20.00 to $27.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2025-12-02: Highest Volume — 1,653 contracts
  • 2025-12-09: Largest IV spike — 13.8% change
  • 2025-12-02: Highest IV Rank — 18.5%
  • 2025-12-02: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.59$29.34$31.87$29.34$30.51
Max Pain$26.14$20.00$27.50$20.00$27.50
ATM IV33.0%30.0%36.2%32.5%30.0%
Expected Move9.4%8.6%10.4%9.3%8.6%
HV 20d44.2%26.4%107.0%106.4%26.4%
HV 60d68.7%67.6%69.1%67.6%68.5%
IV Rank13.9%9.5%18.5%13.1%9.5%
IV Percentile29.2%7.9%48.8%31.0%7.9%
Term Structure8.3%-1.0%17.1%1.0%16.3%
VWIV35.0%25.6%52.5%33.9%25.6%
Skew 25d3.6%1.7%5.0%2.8%2.5%
Skew 10d8.7%-15.2%19.4%-5.2%15.1%
Call IV 25d32.1%29.3%35.0%34.0%30.3%
Put IV 25d35.8%32.7%40.0%36.8%32.7%
Bid-Ask Spread %78.3964.2990.9465.3084.83
Gamma HHI0.290.190.460.460.22
Net GEX192.4K66.5K308.8K227.9K66.5K
Net DEX-8.5M-12.0M-5.1M-8.0M-5.3M
Net VEX-13.9K-16.0K-11.9K-12.2K-11.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.001.040.300.00
Total Volume295.182101,65392110
Total OI6,080.4094,5197,3385,2154,722

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$29.34$20.0032.5%9.3%106.4%13.1%33.9%2.8%1.0%227.9K-8.0M-12.2K0.3065.30N/AN/A7112104,1771,038
2025-12-02$30.80$20.0036.2%10.4%107.0%18.5%36.2%5.0%-1.0%230.6K-10.4M-12.9K0.0472.59N/AN/A1,586674,5611,017
2025-12-03$30.45$20.0034.7%9.9%105.9%16.3%35.9%3.3%-0.4%247.7K-9.8M-12.7K0.0372.68N/AN/A648184,8501,055
2025-12-04$29.72$25.0036.0%9.6%37.5%18.1%37.1%3.0%5.1%245.5K-8.9M-12.3K0.0273.52N/AN/A589134,8401,046
2025-12-05$30.01$25.0034.0%9.5%36.1%15.3%32.8%3.6%6.5%269.3K-9.5M-14.6K0.0082.06N/AN/A22415,3851,051
2025-12-08$31.27$25.0031.7%8.8%36.5%12.0%37.4%5.0%8.5%286.1K-11.4M-13.3K0.3167.97N/AN/A241745,4651,052
2025-12-09$31.46$27.5036.0%9.4%36.3%18.3%34.1%2.9%6.4%252.7K-11.3M-15.7K0.0364.29N/AN/A724195,6411,604
2025-12-10$31.80$27.5033.8%9.7%36.2%15.0%44.4%3.3%6.1%250.8K-12.0M-15.9K0.4384.34N/AN/A209895,4991,605
2025-12-11$31.87$27.5032.1%9.2%36.1%12.5%32.4%4.2%6.7%251.4K-12.0M-16.0K1.0270.04N/AN/A56575,5571,674
2025-12-12$30.94$27.5033.8%9.7%35.6%15.0%34.2%3.9%5.3%249.5K-10.7M-15.9K0.1574.97N/AN/A72115,5961,724
2025-12-15$30.21$27.5033.1%9.5%37.2%14.0%30.6%4.3%6.8%259.2K-9.3M-15.5K0.1478.74N/AN/A84125,5791,725
2025-12-16$29.76$27.5033.7%9.7%34.9%14.9%34.6%3.9%5.8%258.5K-8.2M-14.7K0.7082.05N/AN/A67475,5201,732
2025-12-17$29.86$27.5033.1%9.5%34.6%14.0%33.8%2.7%6.5%293.2K-8.6M-14.8K0.0980.72N/AN/A122115,5791,723
2025-12-18$29.92$27.5032.7%9.4%34.5%13.4%33.3%1.7%11.7%308.8K-8.6M-14.4K1.0480.00N/AN/A23245,6081,723
2025-12-19$30.67$27.5032.2%9.2%35.0%12.8%32.4%3.8%11.4%74.2K-10.6M-13.7K0.1683.16N/AN/A5795,6091,729
2025-12-22$30.88$27.5031.1%8.9%33.9%11.2%29.7%3.0%11.9%74.3K-5.5M-13.5K0.2982.48N/AN/A171493,2271,292
2025-12-23$30.68$27.5031.9%9.1%34.2%12.3%31.6%4.1%11.8%80.7K-5.2M-13.6K0.1784.05N/AN/A4073,3511,321
2025-12-24$30.59$27.5032.3%9.3%32.4%12.9%52.5%3.4%10.3%82.4K-5.2M-13.7K0.0083.07N/AN/A1203,3981,326
2025-12-26$30.58$27.5031.8%9.1%32.3%12.2%42.0%4.7%15.8%76.9K-5.1M-13.1K0.0988.66N/AN/A6763,4091,326
2025-12-29$30.71$27.5032.3%9.3%32.3%12.9%29.8%4.6%13.3%74.4K-5.3M-12.4K0.1978.15N/AN/A3163,3841,332
2025-12-30$30.88$27.5030.9%8.9%31.2%10.9%25.6%4.5%17.1%72.4K-5.5M-12.4K0.1190.94N/AN/A1823,3791,338
2025-12-31$30.51$27.5030.0%8.6%26.4%9.5%0.0%2.5%16.3%66.5K-5.3M-11.9K0.0084.83N/AN/A1003,3821,340