TEX Options History — November 2024

In November 2024, TEX traded between $51.40 and $58.28. ATM implied volatility averaged 38.9%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 11.7% (HV 20d: 50.6%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.60.

Notable Days

  • 2024-11-06: Highest Volume — 794 contracts
  • 2024-11-06: Largest IV drop — 34.3% change
  • 2024-11-05: Highest IV Rank — 77.2%
  • 2024-11-01: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.69$51.40$58.28$51.59$55.25
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV38.9%32.5%56.3%49.9%33.5%
Expected Move10.6%9.3%14.3%14.3%9.6%
HV 20d50.6%34.9%55.2%35.9%52.6%
HV 60d40.2%33.8%42.4%34.0%40.9%
IV Rank30.3%13.1%77.2%59.9%15.8%
IV Percentile56.2%24.6%99.2%96.4%30.2%
Term Structure-0.9%-7.1%0.6%-7.1%-0.5%
VWIV37.4%33.6%47.9%47.9%34.0%
Skew 25d4.5%1.1%18.3%3.1%3.9%
Skew 10d9.7%1.8%21.1%4.6%5.0%
Call IV 25d34.3%21.2%47.8%47.8%30.5%
Put IV 25d38.8%34.3%51.0%51.0%34.4%
Bid-Ask Spread %71.2458.7982.3370.0276.84
Gamma HHI0.300.140.640.330.22
Net GEX-41.6K-532.6K468.9K-329.7K93.6K
Net DEX1.2M-3.7M7.0M6.6M-1.4M
Net VEX-21.7K-29.9K-18.7K-29.9K-19.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.157.971.230.60
Total Volume189.159794183109
Total OI6,264.653,4268,4078,1444,141

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$51.59$55.0049.9%14.3%35.9%59.9%47.9%3.1%-7.1%-329.7K6.6M-29.9K1.2370.02N/AN/A821013,4224,722
2024-11-04$51.40$55.0054.9%12.5%35.8%73.5%44.0%4.2%-2.0%-358.5K7.0M-27.8K0.7358.79N/AN/A63463,4254,737
2024-11-05$52.23$55.0056.3%12.5%34.9%77.2%45.6%4.4%-2.6%-346.3K6.3M-27.0K7.7159.14N/AN/A7543,4194,773
2024-11-06$58.28$55.0037.0%10.5%52.6%25.2%36.6%18.3%-0.6%468.9K-3.7M-24.6K0.1575.56N/AN/A6881063,4234,793
2024-11-07$56.38$55.0036.4%10.4%54.0%23.5%34.2%9.5%-0.4%194.2K-404.6K-23.9K3.3175.11N/AN/A772553,5944,789
2024-11-08$55.92$55.0034.2%10.3%51.7%17.6%35.6%2.8%-0.8%151.1K490.9K-22.7K0.6267.11N/AN/A73453,5414,830
2024-11-11$55.63$55.0040.9%10.6%51.8%35.8%38.2%3.6%-1.2%134.2K930.9K-19.8K0.9566.73N/AN/A41393,5864,821
2024-11-12$53.48$55.0044.2%10.3%53.5%44.5%38.0%1.9%-0.8%-265.7K3.0M-20.2K7.9768.63N/AN/A312473,6234,698
2024-11-13$51.89$55.0037.0%10.6%54.3%25.1%37.0%2.2%-0.6%-532.6K3.3M-19.6K1.7571.36N/AN/A651143,6164,440
2024-11-14$52.37$55.0036.4%10.4%54.4%23.6%37.4%1.5%-0.3%-160.9K2.0M-18.7K0.1875.84N/AN/A107193,6224,451
2024-11-15$51.98$55.0037.5%10.8%54.4%26.7%37.2%2.8%-0.7%-46.5K2.1M-18.7K0.2773.77N/AN/A177473,6194,463
2024-11-18$52.34$55.0036.6%10.5%53.0%24.1%35.5%2.4%0.1%-37.1K570.8K-18.8K0.2967.38N/AN/A224641,4961,930
2024-11-19$51.59$55.0036.0%10.3%53.2%22.7%35.3%2.1%-0.2%-37.5K794.6K-19.2K0.7168.90N/AN/A52371,6981,970
2024-11-20$51.88$55.0037.3%10.7%52.4%25.9%36.9%7.5%-0.5%-26.1K602.8K-20.0K0.8282.33N/AN/A105861,7192,005
2024-11-21$52.92$55.0035.3%10.1%52.8%20.6%35.9%1.1%-0.3%-3.2K53.1K-20.7K0.2076.42N/AN/A74151,7742,063
2024-11-22$53.65$55.0033.8%9.7%53.0%16.7%35.7%1.2%0.3%23.4K-390.5K-21.4K0.8771.73N/AN/A71621,8312,068
2024-11-25$56.39$55.0034.6%9.9%54.4%18.8%34.5%3.6%-0.2%117.8K-2.2M-21.5K0.8771.62N/AN/A1421231,8912,117
2024-11-26$54.43$55.0033.8%9.7%55.2%16.5%35.2%11.7%-0.3%68.0K-1.0M-20.1K1.6873.88N/AN/A28471,9702,103
2024-11-27$54.20$55.0032.5%9.3%52.3%13.1%33.6%2.3%0.6%60.3K-908.6K-20.3K1.1973.64N/AN/A27321,9642,146
2024-11-29$55.25$55.0033.5%9.6%52.6%15.8%34.0%3.9%-0.5%93.6K-1.4M-19.6K0.6076.84N/AN/A68411,9552,186