TEX Options History — May 2024

In May 2024, TEX traded between $55.78 and $63.41. ATM implied volatility averaged 30.3%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 0.4% (HV 20d: 29.8%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-05-01: Highest Volume — 589 contracts
  • 2024-05-15: Largest IV drop — 25.3% change
  • 2024-05-14: Highest IV Rank — 36.6%
  • 2024-05-01: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.34$55.78$63.41$55.78$59.53
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV30.3%27.6%37.5%34.6%29.8%
Expected Move8.4%7.9%9.9%9.9%8.6%
HV 20d29.8%21.6%33.7%21.6%31.5%
HV 60d28.7%26.5%35.2%34.4%27.1%
IV Rank12.9%4.2%36.6%27.2%11.4%
IV Percentile9.4%0.4%55.6%28.6%6.7%
Term Structure-0.1%-3.2%0.9%-3.2%-0.1%
VWIV29.4%26.8%34.6%34.6%30.7%
Skew 25d1.8%1.0%3.2%1.5%2.0%
Skew 10d4.3%-8.0%10.2%0.2%7.7%
Call IV 25d28.8%26.4%34.5%34.5%30.1%
Put IV 25d30.6%28.3%36.0%36.0%32.2%
Bid-Ask Spread %69.3749.6985.3080.9570.49
Gamma HHI0.240.190.490.210.25
Net GEX51.2K-77.9K379.5K-53.8K-52.1K
Net DEX-832.5K-4.9M3.5M3.5M939.3K
Net VEX-45.2K-49.5K-41.7K-43.2K-45.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.038.462.200.52
Total Volume168.95536589589244
Total OI5,808.1825,2906,4645,4765,761

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$55.78$60.0034.6%9.9%21.6%27.2%34.6%1.5%-3.2%-53.8K3.5M-43.2K2.2080.95N/AN/A1844052,6402,836
2024-05-02$57.06$60.0032.2%9.2%24.1%19.4%31.2%1.7%0.9%-28.7K2.6M-48.1K1.6081.79N/AN/A1021632,7333,203
2024-05-03$58.30$60.0029.7%8.5%24.5%11.1%32.4%2.0%-0.9%16.1K1.4M-49.5K0.8885.30N/AN/A40352,7733,298
2024-05-06$59.66$60.0031.2%8.5%26.6%16.0%29.5%1.6%-0.3%80.8K-282.3K-49.2K0.0362.57N/AN/A26282,7953,295
2024-05-07$60.59$60.0031.1%8.5%27.4%15.8%29.2%2.7%-0.8%49.8K-981.7K-48.0K0.1449.69N/AN/A160232,6493,295
2024-05-08$59.54$60.0030.3%8.3%27.1%13.1%30.3%2.4%0.4%-2.1K293.6K-48.8K0.2851.91N/AN/A88252,6253,289
2024-05-09$60.78$60.0029.7%8.2%28.3%11.0%28.4%1.6%0.3%48.6K-1.2M-47.7K0.1661.54N/AN/A134212,6473,285
2024-05-10$62.17$60.0031.1%8.2%29.2%15.6%27.9%1.5%0.7%116.8K-3.2M-47.6K2.6050.13N/AN/A10262,7263,294
2024-05-13$61.91$60.0035.9%8.2%28.9%31.4%28.2%1.6%0.2%110.4K-3.0M-45.9K0.9552.98N/AN/A22212,7293,297
2024-05-14$63.41$60.0037.5%8.1%30.1%36.6%29.5%1.0%0.5%177.7K-4.9M-44.6K0.0571.54N/AN/A527252,7373,298
2024-05-15$63.17$60.0028.0%8.0%28.9%5.4%28.2%1.2%-0.3%379.5K-4.9M-44.6K0.5056.07N/AN/A32163,1343,306
2024-05-16$60.44$60.0027.7%7.9%32.7%4.4%28.9%3.2%0.1%70.0K-1.0M-45.5K0.1081.09N/AN/A9193,1393,309
2024-05-17$60.98$60.0027.7%7.9%32.9%4.2%27.7%1.5%0.9%32.8K-2.6M-43.2K0.5579.53N/AN/A103573,1593,305
2024-05-20$61.76$60.0027.6%7.9%32.5%4.2%26.8%2.3%0.5%69.2K-1.9M-43.2K0.4677.23N/AN/A78362,2903,000
2024-05-21$62.16$60.0027.9%8.0%32.6%4.9%27.1%1.9%0.4%79.6K-2.1M-43.8K0.2966.52N/AN/A48142,3293,026
2024-05-22$61.83$60.0027.8%8.0%32.5%4.6%30.5%1.5%0.2%86.5K-1.7M-44.4K0.1275.79N/AN/A81102,3343,028
2024-05-23$60.29$60.0028.4%8.2%33.5%6.8%28.4%1.3%0.2%18.5K-499.6K-43.3K1.2574.77N/AN/A24302,3773,029
2024-05-24$60.87$60.0027.6%7.9%33.6%4.2%29.3%2.1%0.1%41.8K-1.0M-42.4K0.4267.25N/AN/A36152,3783,048
2024-05-28$59.81$60.0029.8%8.5%33.7%11.3%29.8%2.5%-0.5%-6.8K-35.0K-41.9K0.0673.75N/AN/A5332,3873,063
2024-05-29$58.13$60.0029.9%8.6%32.1%11.6%30.2%1.2%-1.1%-77.9K1.6M-42.4K0.4281.66N/AN/A48202,4013,065
2024-05-30$59.28$60.0030.3%8.7%32.4%13.0%30.7%1.1%-0.8%-31.2K434.6K-41.7K8.4673.51N/AN/A413472,3973,071
2024-05-31$59.53$60.0029.8%8.6%31.5%11.4%0.0%2.0%-0.1%-52.1K939.3K-45.0K0.5270.49N/AN/A161832,4023,359