TEX Options History — June 2024

In June 2024, TEX traded between $52.90 and $57.51. ATM implied volatility averaged 31.2%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 2.2% (HV 20d: 29.1%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.45.

Notable Days

2024-06-17: Highest Volume — 666 contracts
2024-06-12: Largest IV drop — 14.3% change
2024-06-03: Highest IV Rank — 24.1%
2024-06-03: Largest Expected Move — 9.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.85	$52.90	$57.51	$57.21	$54.68
Max Pain	$56.84	$55.00	$60.00	$60.00	$55.00
ATM IV	31.2%	28.2%	33.7%	33.7%	30.4%
Expected Move	8.8%	8.1%	9.7%	9.7%	8.7%
HV 20d	29.1%	24.8%	34.0%	34.0%	26.6%
HV 60d	28.3%	27.4%	29.1%	28.0%	27.6%
IV Rank	18.0%	6.1%	24.1%	24.1%	16.2%
IV Percentile	15.8%	3.2%	28.6%	28.6%	11.9%
Term Structure	1.9%	-3.4%	4.8%	-2.2%	4.8%
VWIV	31.2%	28.5%	37.4%	32.8%	31.7%
Skew 25d	1.1%	-0.0%	2.2%	2.1%	1.6%
Skew 10d	2.4%	0.1%	4.8%	2.8%	4.8%
Call IV 25d	31.2%	28.2%	32.9%	32.1%	31.1%
Put IV 25d	32.3%	29.8%	35.1%	34.2%	32.7%
Bid-Ask Spread %	64.00	49.78	84.04	84.04	70.47
Gamma HHI	0.32	0.25	0.40	0.25	0.33
Net GEX	-228.4K	-335.4K	-138.1K	-138.1K	-191.8K
Net DEX	5.3M	2.7M	8.2M	3.0M	4.4M
Net VEX	-47.1K	-51.3K	-42.0K	-49.0K	-51.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.45	0.21	5.28	2.70	1.72
Total Volume	152.158	15	666	403	87
Total OI	6,310.737	5,983	7,117	6,001	6,347

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$57.21	$60.00	33.7%	9.7%	34.0%	24.1%	32.8%	2.1%	-2.2%	-138.1K	3.0M	-49.0K	2.70	84.04	N/A	N/A	109	294	2,561	3,440
2024-06-04	$56.18	$60.00	33.5%	9.6%	33.2%	23.5%	33.6%	2.2%	-2.8%	-192.1K	4.2M	-46.0K	0.54	80.73	N/A	N/A	59	32	2,519	3,464
2024-06-05	$57.51	$60.00	31.5%	9.0%	33.9%	16.9%	30.9%	1.4%	-1.1%	-155.5K	2.7M	-47.4K	0.76	65.36	N/A	N/A	17	13	2,556	3,481
2024-06-06	$57.08	$60.00	32.3%	8.7%	33.5%	19.6%	30.9%	0.9%	2.8%	-168.4K	3.0M	-46.6K	0.36	60.81	N/A	N/A	22	8	2,552	3,492
2024-06-07	$56.80	$55.00	31.0%	8.5%	32.4%	15.3%	29.0%	1.1%	3.4%	-186.0K	3.4M	-45.6K	0.67	60.32	N/A	N/A	12	8	2,565	3,486
2024-06-10	$56.61	$60.00	32.6%	8.6%	31.0%	20.5%	29.9%	0.4%	3.0%	-205.5K	3.5M	-44.6K	1.69	69.48	N/A	N/A	16	27	2,564	3,494
2024-06-11	$55.86	$60.00	32.9%	8.6%	31.1%	21.6%	29.8%	1.6%	2.0%	-238.3K	4.3M	-44.1K	0.39	64.30	N/A	N/A	88	34	2,576	3,503
2024-06-12	$55.25	$60.00	28.2%	8.1%	29.2%	6.1%	28.5%	1.6%	3.4%	-266.6K	4.9M	-43.3K	0.21	73.07	N/A	N/A	81	17	2,644	3,537
2024-06-13	$54.59	$55.00	30.1%	8.6%	29.2%	15.0%	30.0%	1.9%	2.7%	-284.1K	5.5M	-42.7K	2.77	57.48	N/A	N/A	40	111	2,627	3,522
2024-06-14	$52.96	$55.00	31.2%	9.0%	27.3%	19.8%	31.8%	-0.0%	2.2%	-262.6K	7.1M	-42.0K	3.85	50.00	N/A	N/A	78	300	2,633	3,564
2024-06-17	$53.66	$55.00	32.3%	9.3%	27.6%	24.0%	32.7%	0.4%	1.5%	-298.9K	6.6M	-44.9K	5.28	55.08	N/A	N/A	106	560	2,671	3,812
2024-06-18	$53.39	$55.00	31.4%	9.0%	26.7%	20.5%	33.3%	0.4%	1.8%	-335.4K	7.6M	-50.7K	2.83	57.11	N/A	N/A	18	51	2,743	4,332
2024-06-20	$53.11	$55.00	31.5%	9.0%	26.2%	20.8%	37.4%	0.7%	-3.4%	-280.1K	8.2M	-49.1K	0.67	67.21	N/A	N/A	96	64	2,742	4,332
2024-06-21	$53.50	$55.00	29.9%	8.6%	26.7%	14.5%	28.7%	1.3%	3.8%	-233.1K	7.7M	-49.2K	0.38	68.43	N/A	N/A	103	39	2,822	4,295
2024-06-24	$54.19	$55.00	30.3%	8.7%	26.8%	15.9%	30.7%	0.6%	3.8%	-217.6K	5.4M	-49.6K	0.25	61.00	N/A	N/A	107	27	2,262	3,831
2024-06-25	$53.66	$55.00	29.5%	8.5%	26.2%	12.9%	29.8%	0.7%	4.5%	-228.2K	6.0M	-49.1K	0.32	49.78	N/A	N/A	77	25	2,340	3,862
2024-06-26	$52.90	$55.00	30.8%	8.8%	26.0%	18.0%	29.4%	0.8%	2.9%	-222.1K	6.3M	-49.7K	1.73	59.74	N/A	N/A	55	95	2,423	3,884
2024-06-27	$52.98	$55.00	30.6%	8.8%	24.8%	17.0%	31.3%	1.0%	4.1%	-234.9K	6.5M	-49.8K	0.50	61.69	N/A	N/A	10	5	2,459	3,967
2024-06-28	$54.68	$55.00	30.4%	8.7%	26.6%	16.2%	31.7%	1.6%	4.8%	-191.8K	4.4M	-51.3K	1.72	70.47	N/A	N/A	32	55	2,468	3,879