TEX Options History — October 2022

In October 2022, TEX traded between $30.94 and $40.53. ATM implied volatility averaged 52.0%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 3.9% (HV 20d: 48.2%). Max pain ranged from $31.00 to $34.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 3.92.

Notable Days

  • 2022-10-24: Highest Volume — 12,947 contracts
  • 2022-10-28: Largest IV drop — 15.0% change
  • 2022-10-24: Highest IV Rank — 62.8%
  • 2022-10-24: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.72$30.94$40.53$30.94$40.53
Max Pain$32.86$31.00$34.00$31.00$34.00
ATM IV52.0%47.8%57.0%50.1%48.8%
Expected Move15.0%13.8%16.3%14.4%14.0%
HV 20d48.2%44.8%54.2%49.3%48.3%
HV 60d46.3%44.3%48.7%44.3%48.7%
IV Rank50.3%39.6%62.8%45.4%42.3%
IV Percentile77.2%55.6%94.8%69.8%58.7%
Term Structure-3.3%-6.9%1.1%1.1%0.2%
VWIV54.0%47.5%67.0%51.5%51.8%
Skew 25d7.8%4.5%10.2%8.8%5.9%
Skew 10d17.3%11.3%31.8%11.3%15.1%
Call IV 25d49.5%44.6%55.1%47.1%47.5%
Put IV 25d57.3%50.6%61.4%55.9%53.4%
Bid-Ask Spread %58.0120.2779.5073.7729.84
Gamma HHI0.280.170.520.230.50
Net GEX14.3K-489.5K375.2K-2.9K-436.1K
Net DEX-1.5M-6.9M9.5M-964.3K-1.8M
Net VEX-55.4K-144.7K-28.6K-30.4K-134.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.920.6616.501.164.91
Total Volume3,896.192,11812,9473,1313,881
Total OI11,309.5246,52225,7846,69325,784

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$30.94$31.0050.1%14.4%49.3%45.4%51.5%8.8%1.1%-2.9K-964.3K-30.4K1.1673.77N/AN/A1,4471,6843,8742,819
2022-10-04$32.88$31.0049.3%14.1%54.2%43.4%49.5%4.5%0.9%53.7K-2.8M-31.7K3.0776.18N/AN/A5321,6353,8942,823
2022-10-05$32.85$31.0049.9%14.3%52.9%45.0%49.5%9.7%0.4%63.4K-2.9M-31.5K3.2172.23N/AN/A5031,6163,9572,824
2022-10-06$32.23$32.0049.8%14.5%53.2%44.6%66.9%10.2%-3.2%38.4K-2.3M-30.9K3.2156.60N/AN/A5031,6153,9572,823
2022-10-07$31.54$32.0047.8%14.6%50.4%39.6%61.3%7.9%-3.6%8.8K-1.6M-29.4K3.1966.33N/AN/A5071,6153,9592,825
2022-10-10$31.75$32.0050.2%15.1%50.4%45.7%67.0%9.0%-5.6%12.8K-1.7M-29.4K3.4161.19N/AN/A4861,6573,9622,823
2022-10-11$31.65$32.0053.1%15.2%46.6%53.1%52.3%9.1%-3.7%1.9K-1.6M-28.6K0.6659.27N/AN/A2,5151,6693,9612,865
2022-10-12$31.96$32.0052.5%15.1%45.6%51.5%54.1%9.9%-4.2%135.9K-3.3M-35.2K0.6664.01N/AN/A2,5181,6595,9932,866
2022-10-13$33.00$32.0051.3%14.7%46.5%48.4%50.9%7.7%-5.3%209.9K-4.9M-35.3K0.6662.68N/AN/A2,4961,6525,9932,866
2022-10-14$32.01$32.0052.7%15.1%45.9%52.0%54.1%6.9%-5.6%121.3K-3.4M-33.5K0.6879.50N/AN/A2,4561,6706,0202,911
2022-10-17$32.98$33.0052.4%15.0%46.0%51.4%51.8%7.9%-6.4%216.5K-4.8M-33.3K1.1866.58N/AN/A1,4511,7056,0212,904
2022-10-18$34.15$34.0052.2%15.0%47.2%50.7%49.3%6.7%-6.9%358.0K-6.9M-34.3K1.1867.70N/AN/A1,4791,7516,0252,933
2022-10-19$33.20$34.0052.9%15.2%46.6%52.5%49.3%7.0%-5.6%268.0K-5.3M-32.1K1.1854.76N/AN/A1,4851,7516,0422,904
2022-10-20$32.27$34.0054.0%15.5%47.5%55.3%47.5%8.2%-0.8%144.4K-4.1M-30.4K1.1157.91N/AN/A1,5401,7096,0492,873
2022-10-21$34.39$34.0052.2%15.0%47.9%50.9%49.4%8.0%-5.5%375.2K-6.8M-32.6K0.7660.86N/AN/A2,2521,7056,0712,874
2022-10-24$34.14$34.0057.0%16.3%47.8%62.8%56.2%8.1%-3.8%252.0K-5.9M-34.3K16.5061.83N/AN/A74012,2074,7611,761
2022-10-25$34.88$34.0056.0%16.1%47.7%60.4%58.2%8.8%-5.2%-203.4K6.1M-100.9K13.2452.72N/AN/A4245,6155,28111,509
2022-10-26$35.71$34.0055.2%15.8%46.3%58.4%55.5%7.7%-2.3%-372.0K9.5M-126.8K8.7138.49N/AN/A5034,3805,33615,494
2022-10-27$36.71$34.0056.7%16.3%44.8%62.2%58.0%5.1%-4.3%-489.5K9.4M-144.7K5.6720.27N/AN/A4852,7485,53418,361
2022-10-28$38.31$34.0048.2%13.8%46.2%40.7%49.3%7.2%-0.7%-456.8K4.7M-143.8K8.0535.56N/AN/A3953,1795,69219,276
2022-10-31$40.53$34.0048.8%14.0%48.3%42.3%51.8%5.9%0.2%-436.1K-1.8M-134.9K4.9129.84N/AN/A6573,2245,75320,031