TEX Options History — August 2024

In August 2024, TEX traded between $52.84 and $58.50. ATM implied volatility averaged 42.0%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded below realized volatility by 19.2% (HV 20d: 61.2%). Max pain ranged from $55.00 to $65.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.95.

Notable Days

  • 2024-08-19: Highest Volume — 3,099 contracts
  • 2024-08-05: Largest IV spike — 34.7% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.76$52.84$58.50$58.50$56.28
Max Pain$59.77$55.00$65.00$60.00$55.00
ATM IV42.0%32.9%64.7%41.9%34.5%
Expected Move11.1%9.4%14.9%12.0%9.9%
HV 20d61.2%31.1%77.3%72.4%31.1%
HV 60d49.1%47.5%49.8%47.5%48.6%
IV Rank43.4%17.0%100.0%63.1%21.3%
IV Percentile67.5%31.3%100.0%86.5%43.3%
Term Structure-1.3%-5.3%0.8%-4.3%-1.0%
VWIV40.0%32.4%53.3%43.3%32.4%
Skew 25d3.7%1.5%5.0%1.5%4.2%
Skew 10d7.7%3.1%12.8%4.4%3.1%
Call IV 25d37.7%31.8%50.2%43.3%32.5%
Put IV 25d41.5%35.0%55.2%44.8%36.7%
Bid-Ask Spread %54.6429.0170.2968.8368.81
Gamma HHI0.560.300.720.320.56
Net GEX-648.9K-1.5M-181.6K-340.1K-386.9K
Net DEX8.7M4.5M13.9M4.7M4.7M
Net VEX-59.3K-69.7K-47.6K-64.6K-55.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.950.0717.121.840.40
Total Volume325.455213,09932421
Total OI11,194.3186,65514,08210,58510,290

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$58.50$60.0041.9%12.0%72.4%63.1%43.3%1.5%-4.3%-340.1K4.7M-64.6K1.8468.83N/AN/A1142103,1177,468
2024-08-02$54.80$60.0048.0%13.8%76.2%92.3%49.5%4.7%-5.3%-605.2K10.7M-65.5K2.5457.91N/AN/A1784533,1357,481
2024-08-05$53.70$65.0064.7%14.9%76.6%100.0%53.3%5.0%-3.3%-622.5K12.8M-69.7K1.8039.72N/AN/A2274093,2127,834
2024-08-06$55.20$65.0055.3%13.2%76.3%75.4%48.7%4.2%-2.0%-615.6K10.0M-67.3K6.2738.83N/AN/A221383,1718,028
2024-08-07$53.51$65.0056.3%13.0%77.3%77.9%46.9%4.9%-2.3%-761.4K13.4M-64.8K0.9338.51N/AN/A100933,1888,096
2024-08-08$54.96$65.0050.8%12.2%75.8%63.7%46.9%4.7%-1.5%-675.5K10.2M-63.6K0.5947.69N/AN/A41243,1798,120
2024-08-09$53.89$65.0045.5%11.6%76.1%49.9%43.7%5.0%-0.9%-1.3M13.8M-64.6K0.3856.37N/AN/A2493,19510,887
2024-08-12$53.39$65.0054.5%11.7%75.6%73.4%42.6%4.2%-1.6%-1.4M13.9M-59.4K1.2555.70N/AN/A24303,20110,803
2024-08-13$53.35$65.0051.3%11.0%68.7%65.1%37.9%4.9%-1.2%-1.4M12.8M-56.0K0.0958.96N/AN/A203193,20010,682
2024-08-14$52.84$65.0037.1%10.6%68.3%28.1%37.4%3.1%-1.3%-1.5M12.3M-52.1K0.2160.04N/AN/A84183,34910,643
2024-08-15$54.72$60.0035.0%10.0%69.6%22.4%35.4%2.5%-0.5%-431.8K5.9M-50.8K0.3256.51N/AN/A93303,41110,388
2024-08-16$54.32$60.0034.2%9.8%69.0%20.5%34.4%3.0%0.0%-185.4K7.4M-48.6K0.4351.03N/AN/A100433,43610,399
2024-08-19$54.41$60.0032.9%9.4%57.0%17.0%35.4%3.2%0.8%-181.6K5.2M-47.6K17.1256.28N/AN/A1712,9282,7423,913
2024-08-20$53.91$55.0034.0%9.8%51.6%20.0%35.2%3.4%-0.1%-558.9K9.4M-60.9K0.4029.01N/AN/A2671062,8806,792
2024-08-21$54.00$55.0033.4%9.6%49.6%18.4%34.4%2.5%0.4%-592.9K8.4M-61.6K2.0752.74N/AN/A46952,9166,890
2024-08-22$53.76$55.0035.9%10.3%45.4%24.8%39.7%2.8%-0.7%-595.8K8.9M-62.7K4.1751.89N/AN/A18752,9576,957
2024-08-23$55.27$55.0034.2%9.8%46.7%20.4%34.1%3.4%-0.4%-491.0K6.6M-59.8K0.3265.03N/AN/A77252,9607,011
2024-08-26$56.70$55.0036.2%10.4%48.2%25.7%36.8%4.2%-1.4%-374.2K4.5M-58.1K0.4855.70N/AN/A103492,9926,993
2024-08-27$55.09$55.0034.7%9.9%48.6%21.7%38.1%3.7%-0.7%-501.8K6.3M-57.2K0.6862.84N/AN/A68463,0137,024
2024-08-28$55.75$55.0037.4%10.7%48.2%28.8%38.2%3.8%-1.3%-453.4K5.9M-57.6K0.0759.40N/AN/A312223,0077,054
2024-08-29$56.36$55.0035.9%10.3%39.1%24.8%35.7%3.1%-1.0%-378.4K4.5M-56.7K0.5570.29N/AN/A29163,1927,069
2024-08-30$56.28$55.0034.5%9.9%31.1%21.3%32.4%4.2%-1.0%-386.9K4.7M-55.2K0.4068.81N/AN/A1563,2117,079