TEX Options History — July 2022

In July 2022, TEX traded between $27.64 and $33.61. ATM implied volatility averaged 49.6%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 2.3% (HV 20d: 47.3%). Max pain ranged from $29.00 to $33.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.21.

Notable Days

  • 2022-07-15: Highest Volume — 1,771 contracts
  • 2022-07-05: Largest IV spike — 14.1% change
  • 2022-07-12: Highest IV Rank — 71.0%
  • 2022-07-14: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.78$27.64$33.61$28.11$33.61
Max Pain$30.15$29.00$33.00$30.00$30.00
ATM IV49.6%44.1%60.2%46.1%44.1%
Expected Move14.0%12.6%15.2%13.2%12.6%
HV 20d47.3%35.2%59.3%57.0%35.2%
HV 60d49.5%48.7%50.4%48.8%50.4%
IV Rank44.2%30.4%71.0%35.4%30.4%
IV Percentile68.3%36.1%98.8%53.2%36.1%
Term Structure-0.3%-4.8%9.7%5.0%-0.9%
VWIV50.5%42.5%55.0%43.8%42.5%
Skew 25d8.9%-2.0%13.4%9.0%8.0%
Skew 10d22.7%11.7%35.1%15.2%21.4%
Call IV 25d45.7%41.2%56.6%42.9%42.9%
Put IV 25d54.6%50.8%59.3%51.9%50.8%
Bid-Ask Spread %61.1641.2483.8983.8948.55
Gamma HHI0.260.120.580.500.12
Net GEX-57.2K-278.4K30.1K-35.0K30.1K
Net DEX1.2M-1.6M3.0M2.0M-1.6M
Net VEX-15.2K-17.8K-13.1K-13.1K-17.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.661.791.630.83
Total Volume1,159.36711,7711,533804
Total OI3,8152,9314,4873,6543,635

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$28.11$30.0046.1%13.2%57.0%35.4%43.8%9.0%5.0%-35.0K2.0M-13.1K1.6383.89N/AN/A5829511,9331,721
2022-07-05$28.06$33.0052.6%14.9%57.0%51.8%51.3%13.4%-3.5%-103.8K3.0M-14.0K1.4665.23N/AN/A5988751,9942,270
2022-07-06$27.64$33.0051.0%14.8%56.4%47.8%50.2%10.0%-1.4%-89.8K3.0M-13.8K1.4360.50N/AN/A6148752,0512,282
2022-07-07$28.95$33.0050.8%12.7%59.1%47.3%50.0%12.6%9.7%-102.6K2.1M-14.9K1.7970.91N/AN/A5691,0192,0642,210
2022-07-08$28.16$31.0047.1%14.3%59.3%38.0%49.3%5.2%-2.1%-107.2K2.6M-14.3K1.6267.31N/AN/A5759342,0742,213
2022-07-11$27.85$31.0053.3%14.5%58.4%53.5%53.7%9.8%-1.0%-111.3K3.0M-13.1K1.5762.41N/AN/A5979352,0862,278
2022-07-12$28.29$30.0060.2%14.8%57.8%71.0%53.2%8.2%-1.8%-129.3K2.7M-13.7K1.5359.47N/AN/A6189432,1052,277
2022-07-13$28.45$30.0052.6%15.1%51.0%51.9%54.7%9.9%-3.5%-152.0K2.7M-14.0K1.4562.22N/AN/A6549482,1682,288
2022-07-14$28.18$29.0053.0%15.2%50.9%52.8%55.0%9.4%-4.8%-141.2K3.0M-13.4K1.4757.80N/AN/A6559642,2082,279
2022-07-15$28.80$29.0050.1%14.4%51.3%45.5%50.7%7.9%2.2%-278.4K2.4M-14.1K1.4565.77N/AN/A7221,0492,2152,262
2022-07-18$28.79$29.0050.3%14.4%36.4%46.0%50.3%7.9%-1.2%-19.2K1.2M-13.9K0.6662.82N/AN/A5773781,4141,517
2022-07-19$30.57$29.0045.9%13.1%41.7%34.7%51.9%8.3%0.8%-1.7K354.9K-15.7K0.8357.04N/AN/A4063381,5711,534
2022-07-20$30.91$29.0046.7%13.4%41.8%36.8%53.7%12.9%3.9%8.2K70.5K-16.5K0.8859.98N/AN/A3913451,7101,555
2022-07-21$31.10$29.0046.6%13.4%41.4%36.7%51.2%11.4%-1.0%10.0K-98.0K-16.8K1.0057.32N/AN/A3603611,7301,562
2022-07-22$30.65$29.0047.1%13.5%41.4%37.9%53.1%7.4%-0.8%9.7K136.3K-16.8K0.9853.33N/AN/A3513451,7591,585
2022-07-25$31.60$29.0047.9%13.7%38.2%40.0%49.4%8.6%-3.4%16.1K-381.2K-17.2K0.8841.24N/AN/A4053551,7671,592
2022-07-26$31.32$30.0051.3%14.7%38.4%48.5%49.8%9.5%-3.8%14.4K-122.4K-16.9K0.9256.02N/AN/A3503211,8191,618
2022-07-27$31.94$30.0048.5%13.9%37.6%41.3%52.0%11.6%4.1%17.4K-461.7K-17.4K0.8371.86N/AN/A3663051,8351,620
2022-07-28$32.59$30.0046.6%13.4%35.5%36.7%44.6%-2.0%-1.7%21.1K-909.2K-17.5K0.9059.46N/AN/A3963551,8721,627
2022-07-29$33.61$30.0044.1%12.6%35.2%30.4%42.5%8.0%-0.9%30.1K-1.6M-17.8K0.8348.55N/AN/A4403641,9541,681