TJX Options History — July 2009

In July 2009, TJX traded between $7.45 and $9.15. ATM implied volatility averaged 36.5%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 0.4% (HV 20d: 36.1%). Max pain ranged from $6.25 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.26.

Notable Days

  • 2009-07-07: Highest Volume — 32,236 contracts
  • 2009-07-13: Largest IV spike — 30.8% change
  • 2009-07-13: Highest IV Rank — 27.2%
  • 2009-07-09: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.50$7.45$9.15$7.82$9.06
Max Pain$7.39$6.25$7.50$6.25$7.50
ATM IV36.5%27.2%44.5%34.6%37.8%
Expected Move10.6%9.5%11.7%9.9%10.8%
HV 20d36.1%26.5%39.8%29.5%26.5%
HV 60d34.8%32.5%36.5%34.2%32.5%
IV Rank14.7%0.0%27.2%11.3%17.0%
IV Percentile23.8%0.0%48.8%13.5%30.6%
Term Structure-1.1%-3.9%3.5%2.8%-3.2%
VWIV36.4%26.5%39.5%26.5%38.0%
Skew 25d7.9%3.4%18.1%10.1%6.2%
Skew 10d16.1%5.1%20.4%12.6%17.3%
Call IV 25d30.3%21.4%34.2%24.4%31.3%
Put IV 25d38.3%31.6%42.4%34.5%37.5%
Bid-Ask Spread %22.6610.8837.7312.4635.99
Gamma HHI0.640.440.900.540.59
Net GEX1.0M726.9K2.4M726.9K922.4K
Net DEX-33.9M-57.8M-13.8M-19.2M-35.8M
Net VEX-110.2K-131.1K-74.2K-76.6K-127.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.035.804.170.24
Total Volume7,516.54562032,2366203,200
Total OI113,699.63687,688151,27687,688110,044

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$7.82$6.2534.6%9.9%29.5%11.3%26.5%10.1%2.8%726.9K-19.2M-76.6K4.1712.46N/AN/A12050052,16435,524
2009-07-02$7.45$6.2533.3%9.5%34.1%9.1%33.2%3.4%3.5%762.5K-13.8M-74.7K1.8010.88N/AN/A1,4122,53652,14835,784
2009-07-06$7.72$7.5038.6%11.1%36.6%17.6%38.6%9.5%-1.3%771.4K-17.4M-74.2K0.5226.33N/AN/A2,1201,10453,04435,548
2009-07-07$7.57$7.5040.4%11.3%37.2%20.6%38.2%6.8%-1.0%806.9K-15.0M-75.6K0.6428.20N/AN/A19,63612,60054,65636,160
2009-07-08$7.78$7.5042.4%11.6%38.4%23.8%39.5%11.7%-2.0%779.7K-22.9M-96.7K0.7218.07N/AN/A1,29292472,90046,620
2009-07-09$8.03$7.5031.6%11.7%39.4%6.4%36.6%18.1%-1.7%799.4K-31.0M-94.8K0.2014.08N/AN/A16,2483,28073,76847,240
2009-07-10$7.97$7.5034.0%11.7%38.8%10.3%36.1%12.3%-0.9%949.1K-34.4M-98.2K0.0323.44N/AN/A21,37672882,66448,048
2009-07-13$8.25$7.5044.5%10.1%39.6%27.2%38.7%7.0%-0.2%824.4K-41.8M-96.0K0.6730.92N/AN/A4,4002,95685,89648,044
2009-07-14$8.45$7.5034.6%10.1%39.8%11.2%35.8%6.9%0.4%992.3K-46.0M-103.8K1.4116.56N/AN/A3,4084,81288,24050,476
2009-07-15$8.59$7.5027.2%10.1%38.7%0.0%36.1%6.8%0.2%1.3M-48.8M-112.7K0.3815.12N/AN/A6,5282,50090,49655,000
2009-07-16$8.85$7.5035.1%10.1%38.2%12.7%35.4%6.2%-0.4%1.7M-57.8M-122.3K0.3316.46N/AN/A5,2641,71294,32056,956
2009-07-17$8.80$7.5035.2%10.1%38.2%12.8%35.0%7.6%-0.1%2.4M-56.5M-121.9K0.0419.46N/AN/A11,48445294,04856,728
2009-07-20$8.90$7.5036.3%10.4%38.2%14.5%36.4%7.5%-1.2%985.0K-32.5M-126.1K2.2223.22N/AN/A1,6723,70866,30431,644
2009-07-21$8.84$7.5036.6%10.5%38.4%15.0%36.6%7.7%-1.7%967.3K-30.7M-128.3K0.2724.65N/AN/A3,7521,00867,12033,592
2009-07-22$8.82$7.5037.0%10.6%37.6%15.6%36.5%7.2%-2.2%977.2K-30.6M-131.1K0.0421.67N/AN/A1,6967668,86434,128
2009-07-23$8.97$7.5037.5%10.8%37.6%16.5%37.5%7.2%-2.8%984.6K-34.1M-127.6K0.1525.37N/AN/A7,2281,08869,56833,948
2009-07-24$8.97$7.5037.0%10.6%34.2%15.7%37.0%7.1%-1.8%998.6K-34.3M-127.5K1.4329.98N/AN/A60085671,15634,848
2009-07-27$8.97$7.5037.5%10.8%33.3%16.6%37.6%6.6%-2.4%990.0K-33.6M-124.2K1.1737.73N/AN/A3,8844,56070,61635,396
2009-07-28$9.06$7.5037.2%10.7%33.3%16.0%37.2%6.4%-2.4%930.3K-36.3M-128.4K3.1034.83N/AN/A6642,05671,04037,224
2009-07-29$9.09$7.5037.3%10.7%33.3%16.1%37.2%6.6%-2.4%909.9K-36.6M-128.9K5.8016.45N/AN/A1761,02071,04838,312
2009-07-30$9.15$7.5038.0%10.9%32.9%17.2%37.3%5.6%-3.9%914.0K-37.7M-128.2K2.5016.67N/AN/A20852071,11638,952
2009-07-31$9.06$7.5037.8%10.8%26.5%17.0%38.0%6.2%-3.2%922.4K-35.8M-127.1K0.2435.99N/AN/A2,57662471,15638,888