TJX Options History — August 2012

In August 2012, TJX traded between $21.93 and $23.32. ATM implied volatility averaged 23.1%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 7.2% (HV 20d: 15.9%). Max pain ranged from $21.25 to $22.50. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 2.45.

Notable Days

  • 2012-08-20: Highest Volume — 43,606 contracts
  • 2012-08-14: Largest IV drop — 51.6% change
  • 2012-08-13: Highest IV Rank — 77.1%
  • 2012-08-02: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.67$21.93$23.32$21.93$22.89
Max Pain$22.07$21.25$22.50$21.25$22.50
ATM IV23.1%17.2%36.8%27.2%19.3%
Expected Move6.0%4.9%8.0%7.8%5.5%
HV 20d15.9%14.6%19.3%19.3%15.7%
HV 60d23.3%19.9%28.5%28.1%19.9%
IV Rank17.7%0.0%77.1%25.4%8.5%
IV Percentile33.6%0.0%97.2%63.9%12.7%
Term Structure1.0%-3.5%3.0%-3.5%2.7%
VWIV21.3%16.7%29.1%28.3%19.6%
Skew 25d3.3%1.1%5.1%4.0%1.1%
Skew 10d10.2%5.9%14.8%9.3%5.9%
Call IV 25d19.7%15.7%27.9%26.9%18.9%
Put IV 25d23.0%18.2%30.9%30.9%20.0%
Bid-Ask Spread %14.408.8023.1117.7511.17
Gamma HHI0.410.270.540.350.43
Net GEX-3.1M-8.6M6.3M-3.9M-6.3M
Net DEX-40.3M-83.4M-11.6M-19.1M-27.6M
Net VEX-398.9K-476.7K-320.8K-412.7K-471.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.450.1815.600.630.34
Total Volume11,733.5652,15643,60611,5286,424
Total OI201,672.522140,102231,808187,784217,084

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-08-01$21.93$21.2527.2%7.8%19.3%25.4%28.3%4.0%-3.5%-3.9M-19.1M-412.7K0.6317.75N/AN/A7,0724,45664,798122,986
2012-08-02$22.50$21.2527.9%8.0%16.9%27.3%29.1%2.3%-3.0%-1.8M-49.3M-391.7K0.6415.49N/AN/A7,3724,69067,570124,138
2012-08-03$22.55$21.2527.5%7.9%16.8%26.1%27.6%3.1%-3.3%-1.7M-50.9M-384.8K0.2616.56N/AN/A2,20857267,920124,716
2012-08-06$22.63$21.2529.8%6.9%16.7%32.7%24.7%4.4%-0.3%-1.1M-58.5M-359.6K0.6415.90N/AN/A1,31684067,350124,172
2012-08-07$22.57$21.2529.5%6.8%15.8%31.9%23.9%4.5%-0.2%-1.2M-52.8M-361.5K1.3621.75N/AN/A1,0121,37866,090124,470
2012-08-08$22.55$22.5030.6%6.8%15.4%34.9%24.2%4.9%-0.1%-1.3M-52.3M-350.4K1.0423.11N/AN/A1,1781,22066,276124,996
2012-08-09$22.50$22.5031.9%6.6%15.0%38.6%25.5%4.1%0.2%-1.3M-51.5M-343.6K15.6012.75N/AN/A2,21434,53867,060125,542
2012-08-10$22.23$21.2531.0%6.3%14.6%53.3%23.8%4.2%0.8%-4.9M-22.3M-422.1K1.5111.24N/AN/A4,7987,24267,646152,618
2012-08-13$22.12$21.2536.8%6.6%14.7%77.1%23.4%3.9%-0.4%-5.4M-18.5M-415.6K0.9418.76N/AN/A10,2169,62069,810155,812
2012-08-14$22.52$21.2517.8%5.6%15.8%0.0%19.9%3.5%1.8%3.4M-60.0M-357.4K0.6413.74N/AN/A8,8865,71473,562155,216
2012-08-15$22.51$22.5018.1%5.5%15.8%1.4%19.2%3.8%2.2%3.9M-58.7M-359.2K1.2210.81N/AN/A3,7464,57673,896156,410
2012-08-16$22.59$22.5018.7%5.4%15.9%3.7%20.2%3.7%2.2%6.3M-63.1M-355.0K1.6111.85N/AN/A2,2163,57272,626158,868
2012-08-17$22.95$22.5018.9%5.4%15.7%4.4%18.2%3.7%1.8%766.5K-83.4M-332.1K0.198.80N/AN/A6,6841,25872,644159,164
2012-08-20$22.92$22.5018.0%5.2%15.7%0.9%18.0%2.5%2.2%590.7K-61.5M-320.8K14.0711.54N/AN/A2,89440,71257,42082,682
2012-08-21$22.89$22.5017.2%4.9%15.6%0.0%17.0%2.2%2.7%-5.5M-30.8M-416.1K9.4313.96N/AN/A1,88217,75657,944120,780
2012-08-22$23.05$22.5017.4%5.0%15.6%1.0%16.7%2.8%3.0%-7.0M-28.0M-446.3K0.7110.81N/AN/A1,8181,29658,324135,570
2012-08-23$22.79$22.5018.0%5.2%16.2%3.4%17.6%2.7%2.5%-8.3M-11.6M-462.1K1.5315.36N/AN/A1,1221,71858,782136,302
2012-08-24$22.93$22.5017.5%5.0%15.9%1.4%17.1%2.6%2.9%-7.7M-21.0M-448.4K0.8811.24N/AN/A1,1581,01658,718137,038
2012-08-27$22.84$22.5017.9%5.1%16.0%3.0%17.3%3.2%2.6%-8.6M-16.7M-435.5K1.6415.20N/AN/A8381,37658,714137,466
2012-08-28$22.89$22.5018.5%5.3%15.0%5.3%18.4%2.8%2.7%-8.2M-20.8M-424.6K0.1814.49N/AN/A5,50499459,124137,628
2012-08-29$23.32$22.5020.8%6.0%15.5%14.6%20.9%5.1%0.7%-5.2M-45.4M-426.5K0.5116.21N/AN/A22,09011,17063,022138,348
2012-08-30$22.80$22.5020.3%5.8%15.7%12.7%19.9%1.6%2.3%-6.2M-22.4M-476.7K0.7312.75N/AN/A6,6504,86077,142140,024
2012-08-31$22.89$22.5019.3%5.5%15.7%8.5%19.6%1.1%2.7%-6.3M-27.6M-471.0K0.3411.17N/AN/A4,7921,63276,568140,516