TEX Options History — October 2024

In October 2024, TEX traded between $50.80 and $56.45. ATM implied volatility averaged 45.6%, placing in the 48.4% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 13.3% (HV 20d: 32.3%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.67.

Notable Days

  • 2024-10-16: Highest Volume — 1,296 contracts
  • 2024-10-09: Largest IV spike — 10.8% change
  • 2024-10-28: Highest IV Rank — 66.2%
  • 2024-10-28: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.62$50.80$56.45$51.80$51.84
Max Pain$59.35$55.00$60.00$55.00$55.00
ATM IV45.6%39.1%52.2%40.5%50.4%
Expected Move13.4%11.6%15.0%11.6%14.5%
HV 20d32.3%24.9%37.3%35.3%36.1%
HV 60d43.4%34.0%52.2%52.2%34.5%
IV Rank48.4%30.9%66.2%34.8%61.4%
IV Percentile88.8%67.9%98.4%79.0%96.8%
Term Structure-4.7%-8.8%6.7%5.8%-6.6%
VWIV46.8%38.9%54.9%41.0%46.2%
Skew 25d5.0%2.5%7.1%2.8%7.1%
Skew 10d13.8%4.1%28.0%4.1%28.0%
Call IV 25d44.2%38.6%50.3%38.6%45.3%
Put IV 25d49.2%41.2%54.9%41.5%52.4%
Bid-Ask Spread %58.4245.9168.3764.0067.62
Gamma HHI0.340.280.460.410.32
Net GEX-176.5K-341.6K-1.6K-244.9K-297.0K
Net DEX4.0M-1.7M8.4M7.2M6.3M
Net VEX-34.2K-37.6K-29.8K-37.6K-31.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.105.255.251.43
Total Volume206.609431,2967573
Total OI7,795.3486,8469,2087,6998,137

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$51.80$55.0040.5%11.6%35.3%34.8%41.0%2.8%5.8%-244.9K7.2M-37.6K5.2564.00N/AN/A12633,2094,490
2024-10-02$51.39$55.0040.3%11.6%33.9%34.1%38.9%2.5%6.7%-267.6K7.7M-36.7K1.2458.13N/AN/A29363,2184,548
2024-10-03$50.80$60.0039.2%13.4%33.1%31.3%44.2%5.9%-5.1%-285.7K8.4M-36.6K3.2246.00N/AN/A361163,2334,579
2024-10-04$51.41$60.0039.1%13.0%33.1%30.9%44.1%4.5%-5.1%-297.8K7.1M-35.7K1.3845.98N/AN/A32443,2694,428
2024-10-07$51.89$60.0042.2%13.9%33.0%39.3%45.0%4.8%-5.9%-261.4K6.3M-36.2K0.7945.91N/AN/A24193,2944,440
2024-10-08$53.31$60.0041.0%13.4%33.9%36.1%47.6%4.0%-5.5%-204.0K4.7M-35.7K1.4250.01N/AN/A24343,3164,451
2024-10-09$53.41$60.0045.5%13.0%33.9%48.1%48.4%5.7%-5.2%-229.3K4.8M-34.6K2.5552.76N/AN/A421073,3204,487
2024-10-10$52.89$60.0044.5%12.7%34.0%45.3%46.2%4.7%-4.2%-268.9K5.4M-33.6K1.8347.65N/AN/A18333,3244,473
2024-10-11$55.37$60.0045.1%12.9%37.3%47.1%44.2%5.4%-5.1%-124.2K2.3M-33.2K0.4266.18N/AN/A117493,3364,499
2024-10-14$55.26$60.0045.7%13.1%35.5%48.7%46.7%4.9%-6.1%-140.4K2.3M-31.9K0.8856.32N/AN/A1301143,4004,503
2024-10-15$55.65$60.0046.3%13.3%33.3%50.2%45.0%5.3%-6.0%-120.5K1.6M-32.1K0.5463.72N/AN/A48263,4584,588
2024-10-16$56.20$60.0046.4%13.3%32.5%50.7%44.2%5.4%-6.0%-129.5K943.6K-31.1K0.1063.42N/AN/A1,1741223,4724,599
2024-10-17$56.45$60.0045.4%13.0%28.4%48.0%45.5%5.6%-3.1%-1.6K-1.7M-37.1K0.4362.31N/AN/A51224,5104,681
2024-10-18$56.20$60.0045.9%13.2%24.9%49.4%44.8%5.1%-4.7%-6.3K-1.5M-35.9K0.3659.85N/AN/A196704,5344,674
2024-10-21$54.14$60.0046.2%13.2%28.9%50.1%47.8%5.8%-5.2%-96.3K2.9M-34.2K0.7563.81N/AN/A2141612,8943,952
2024-10-22$54.31$60.0047.7%13.7%28.5%54.2%47.2%4.4%-5.8%-87.1K2.5M-35.7K1.0457.93N/AN/A57593,0854,097
2024-10-23$52.79$60.0047.6%13.7%29.1%53.9%52.5%5.1%-5.8%-167.1K4.5M-34.2K4.4460.25N/AN/A18803,1224,145
2024-10-24$53.09$60.0048.3%13.9%29.1%55.8%52.2%5.4%-6.1%-163.9K4.3M-34.1K2.1066.44N/AN/A20423,1114,216
2024-10-25$53.56$60.0048.5%13.9%28.7%56.3%50.6%4.3%-5.7%-151.2K3.9M-33.9K3.6656.09N/AN/A321173,1184,246
2024-10-28$55.55$60.0052.2%15.0%31.4%66.2%54.9%6.0%-8.8%-42.3K1.2M-33.7K2.0068.37N/AN/A611223,1434,339
2024-10-29$54.22$60.0051.4%14.7%31.9%64.1%51.9%3.5%-8.6%-131.0K3.0M-32.8K1.4762.38N/AN/A1101623,1914,431
2024-10-30$51.70$60.0048.6%13.9%36.4%56.6%46.9%6.2%-6.4%-341.6K6.7M-29.8K1.0358.59N/AN/A3143223,1954,538
2024-10-31$51.84$55.0050.4%14.5%36.1%61.4%46.2%7.1%-6.6%-297.0K6.3M-31.0K1.4367.62N/AN/A30433,4244,713