TJX Options History — June 2009

In June 2009, TJX traded between $7.43 and $7.95. ATM implied volatility averaged 35.7%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 3.0% (HV 20d: 32.7%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.07.

Notable Days

  • 2009-06-26: Highest Volume — 5,420 contracts
  • 2009-06-15: Largest IV spike — 13.0% change
  • 2009-06-02: Highest IV Rank — 22.0%
  • 2009-06-02: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.68$7.43$7.95$7.68$7.87
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV35.7%32.8%39.8%38.5%33.1%
Expected Move10.2%9.4%11.1%11.0%9.5%
HV 20d32.7%28.1%38.3%38.3%29.3%
HV 60d35.6%33.5%38.5%38.5%34.8%
IV Rank14.1%8.3%22.0%21.8%8.9%
IV Percentile20.6%10.3%32.9%29.0%10.3%
Term Structure1.8%-0.9%5.0%-0.9%4.1%
VWIV34.3%25.4%40.6%38.0%33.1%
Skew 25d10.9%4.7%21.5%9.3%10.2%
Skew 10d16.1%6.5%39.5%9.8%13.1%
Call IV 25d26.8%18.9%34.1%26.4%22.9%
Put IV 25d37.7%31.4%48.7%35.7%33.1%
Bid-Ask Spread %15.008.1723.6220.568.54
Gamma HHI0.690.520.810.720.52
Net GEX689.5K520.0K1.1M609.2K698.3K
Net DEX-18.9M-23.1M-14.1M-20.0M-19.5M
Net VEX-79.3K-88.3K-71.6K-87.2K-75.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.058.150.311.18
Total Volume2,1382085,4203,7202,300
Total OI84,857.45576,17688,88085,39686,524

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$7.68$6.2538.5%11.0%38.3%21.8%38.0%9.3%-0.9%609.2K-20.0M-87.2K0.3120.56N/AN/A2,84088051,64433,752
2009-06-02$7.67$6.2538.6%11.1%36.0%22.0%38.4%8.5%-0.7%588.6K-19.6M-87.8K0.9913.64N/AN/A71671251,52833,972
2009-06-03$7.68$6.2537.2%10.7%36.0%19.9%37.2%21.5%0.9%595.0K-19.7M-88.3K0.3412.12N/AN/A1,18039651,75234,448
2009-06-04$7.61$6.2535.5%10.2%35.4%17.3%35.5%5.6%1.3%620.3K-18.4M-87.3K0.8513.97N/AN/A1,08492052,02034,740
2009-06-05$7.63$6.2535.8%10.2%35.4%17.8%40.6%7.3%2.1%642.3K-19.0M-86.9K2.3823.62N/AN/A5401,28452,48435,096
2009-06-08$7.70$6.2539.8%10.6%34.3%19.6%36.3%7.5%1.7%615.5K-20.0M-84.6K8.1521.28N/AN/A1361,10851,70035,300
2009-06-09$7.75$6.2535.2%10.2%34.0%12.2%27.0%8.8%2.5%676.6K-21.1M-82.8K0.6517.33N/AN/A34422451,70834,284
2009-06-10$7.63$6.2534.5%9.8%34.6%11.1%34.3%6.3%1.8%731.9K-18.7M-81.0K0.5219.24N/AN/A1,61283251,50034,464
2009-06-11$7.49$6.2534.8%10.0%34.2%11.5%37.2%6.9%1.4%719.6K-16.2M-80.7K1.8316.49N/AN/A50893251,03634,784
2009-06-12$7.68$6.2532.8%9.4%32.9%8.3%30.1%8.6%5.0%757.6K-19.6M-78.5K0.4121.64N/AN/A1486051,05234,432
2009-06-15$7.59$6.2537.0%10.6%33.5%15.1%27.5%18.0%0.7%784.7K-17.9M-78.8K0.4314.36N/AN/A30012850,84034,388
2009-06-16$7.43$6.2535.3%10.1%32.3%12.4%35.3%14.6%1.6%833.7K-14.6M-76.2K0.219.34N/AN/A4,19286050,93234,428
2009-06-17$7.71$6.2535.7%10.2%32.0%13.1%25.4%19.1%2.0%925.0K-22.1M-76.8K0.6118.21N/AN/A1,9961,21253,74035,020
2009-06-18$7.67$6.2535.8%10.3%30.4%13.3%35.8%17.8%2.0%1.1M-21.9M-75.9K0.3016.65N/AN/A41212453,76435,116
2009-06-19$7.71$6.2534.8%10.0%30.3%11.6%32.6%7.8%2.6%690.4K-23.1M-73.5K0.0921.54N/AN/A2,30020452,66835,136
2009-06-22$7.70$6.2536.3%10.4%30.4%14.0%35.3%10.2%1.9%520.0K-15.9M-73.1K1.759.25N/AN/A8014043,51632,660
2009-06-23$7.57$6.2536.0%10.3%28.3%13.5%36.1%4.7%0.9%525.9K-14.1M-71.6K0.058.17N/AN/A4,64822843,56432,716
2009-06-24$7.56$6.2535.1%10.1%28.1%12.0%35.1%6.2%2.1%594.7K-14.4M-73.2K0.059.64N/AN/A1,0004847,10432,932
2009-06-25$7.95$6.2534.9%10.0%32.5%11.8%34.9%16.0%2.6%608.6K-20.6M-73.4K0.2512.14N/AN/A3,04874847,65632,976
2009-06-26$7.83$6.2533.8%9.7%32.5%10.0%33.8%13.0%2.5%668.2K-19.3M-74.9K1.0811.86N/AN/A2,6042,81649,56833,448
2009-06-29$7.84$6.2535.4%10.1%29.4%12.5%35.4%11.8%1.7%679.3K-19.3M-76.4K1.0610.31N/AN/A58061251,55234,920
2009-06-30$7.87$6.2533.1%9.5%29.3%8.9%33.1%10.2%4.1%698.3K-19.5M-75.9K1.188.54N/AN/A1,0561,24451,37635,148