TJX Options History — January 2012

In January 2012, TJX traded between $15.93 and $17.04. ATM implied volatility averaged 20.5%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 2.3% (HV 20d: 18.1%). Max pain ranged from $13.75 to $16.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.90.

Notable Days

  • 2012-01-05: Highest Volume — 24,144 contracts
  • 2012-01-05: Largest IV drop — 25.5% change
  • 2012-01-04: Highest IV Rank — 24.3%
  • 2012-01-04: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.59$15.93$17.04$15.93$17.04
Max Pain$15.88$13.75$16.25$13.75$16.25
ATM IV20.5%18.4%24.8%23.4%19.3%
Expected Move6.0%5.3%7.1%6.7%5.5%
HV 20d18.1%15.8%20.0%18.1%15.8%
HV 60d21.0%19.0%22.1%22.0%19.0%
IV Rank13.1%7.9%24.3%20.9%10.0%
IV Percentile19.7%2.8%61.1%48.8%8.7%
Term Structure2.5%-0.7%3.8%1.8%3.8%
VWIV21.5%19.1%25.2%23.0%20.6%
Skew 25d4.1%2.9%5.0%4.1%3.0%
Skew 10d10.4%7.5%12.5%9.5%10.5%
Call IV 25d19.6%17.7%24.2%21.7%17.7%
Put IV 25d23.7%20.7%28.1%25.7%20.7%
Bid-Ask Spread %16.0310.1922.8713.4815.71
Gamma HHI0.290.190.430.200.35
Net GEX2.1M1.3M3.4M1.9M2.2M
Net DEX-68.2M-101.3M-26.5M-64.1M-38.4M
Net VEX-281.7K-310.7K-260.3K-260.3K-310.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.172.110.871.18
Total Volume7,786.81,86824,1444,9364,032
Total OI166,729.2101,972213,440169,132120,480

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-01-03$15.93$13.7523.4%6.7%18.1%20.9%23.0%4.1%1.8%1.9M-64.1M-260.3K0.8713.48N/AN/A2,6362,30078,62490,508
2012-01-04$16.11$13.7524.8%7.1%17.4%24.3%25.2%3.9%-0.7%1.8M-69.3M-267.6K0.8314.16N/AN/A11,8049,77680,18092,000
2012-01-05$16.58$13.7518.4%5.3%20.0%7.9%20.6%3.1%2.5%2.4M-94.0M-270.9K0.4511.67N/AN/A16,6847,46088,73297,868
2012-01-06$16.61$16.2519.5%6.1%19.7%10.6%20.9%4.6%1.9%2.2M-93.5M-278.2K0.1712.11N/AN/A7,9641,38890,952101,328
2012-01-09$16.43$16.2521.0%6.5%19.7%14.6%21.9%5.0%1.8%2.3M-85.7M-277.0K0.4922.87N/AN/A7,2643,57292,89699,480
2012-01-10$16.39$16.2521.0%6.4%19.3%14.5%22.6%4.3%1.8%2.5M-86.0M-276.1K1.2720.67N/AN/A2,0282,58095,344101,776
2012-01-11$16.39$16.2520.0%6.4%19.1%11.8%24.1%5.0%2.0%2.4M-84.0M-275.0K1.5521.26N/AN/A7321,13695,168103,436
2012-01-12$16.33$16.2522.1%6.3%19.0%17.5%22.6%4.8%1.6%2.2M-84.1M-268.8K1.0018.02N/AN/A3,9563,94895,148103,828
2012-01-13$16.29$16.2522.1%6.3%18.9%17.3%22.3%5.0%1.9%2.2M-79.5M-285.6K2.1117.47N/AN/A7561,59697,652106,996
2012-01-17$16.50$16.2522.6%6.5%19.2%18.8%22.8%4.9%1.8%2.4M-90.2M-277.0K0.3616.77N/AN/A3,6761,34097,764107,948
2012-01-18$16.71$16.2520.7%5.9%19.4%13.8%21.1%5.0%2.2%3.0M-99.8M-275.3K0.3818.31N/AN/A9,3883,61298,440108,764
2012-01-19$16.73$16.2519.8%5.7%18.8%11.3%19.6%5.0%3.1%3.4M-101.3M-279.6K0.2419.69N/AN/A6,4961,568100,680110,332
2012-01-20$16.64$16.2519.0%5.4%17.3%9.3%20.6%4.5%3.2%1.8M-98.1M-281.3K0.2710.19N/AN/A5,6161,532101,720111,720
2012-01-23$16.65$16.2519.4%5.6%17.2%10.3%21.8%4.6%3.5%1.3M-26.5M-279.2K1.6613.06N/AN/A3,4285,68450,81651,156
2012-01-24$16.82$16.2519.0%5.5%17.1%9.4%20.0%3.3%3.5%1.6M-31.5M-289.7K1.5412.87N/AN/A1,4242,19252,71655,276
2012-01-25$16.99$16.2518.8%5.4%16.6%8.9%20.1%3.2%3.7%1.8M-36.1M-289.9K0.7217.82N/AN/A1,9161,38453,35256,652
2012-01-26$16.99$16.2519.2%5.5%16.6%10.0%20.2%3.2%3.6%1.8M-36.9M-288.4K0.4916.70N/AN/A3,0761,52054,31657,572
2012-01-27$16.84$16.2519.2%5.5%16.6%9.9%19.1%2.9%3.6%1.7M-32.7M-300.6K1.1316.81N/AN/A3,0323,41656,01258,408
2012-01-30$16.86$16.2519.8%5.7%16.5%11.4%21.1%3.0%3.4%1.8M-32.8M-303.6K1.1910.98N/AN/A1,7442,08057,74460,800
2012-01-31$17.04$16.2519.3%5.5%15.8%10.0%20.6%3.0%3.8%2.2M-38.4M-310.7K1.1815.71N/AN/A1,8522,18058,80461,676