TJX Options History — November 2012

In November 2012, TJX traded between $20.18 and $22.17. ATM implied volatility averaged 28.2%, placing in the 46.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 4.3% (HV 20d: 23.9%). Max pain ranged from $21.25 to $22.50. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2012-11-12: Highest Volume — 28,144 contracts
  • 2012-11-13: Largest IV drop — 50.4% change
  • 2012-11-07: Highest IV Rank — 100.0%
  • 2012-11-02: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.27$20.18$22.17$21.15$22.17
Max Pain$21.37$21.25$22.50$22.50$21.25
ATM IV28.2%18.9%48.8%32.9%19.1%
Expected Move6.9%5.4%9.9%9.4%5.5%
HV 20d23.9%21.3%27.1%21.3%23.6%
HV 60d19.5%17.9%20.9%17.9%20.6%
IV Rank46.5%10.9%100.0%75.8%11.3%
IV Percentile61.8%14.3%100.0%97.2%16.7%
Term Structure-0.3%-8.6%2.9%-7.2%2.9%
VWIV24.6%20.1%35.0%33.2%21.8%
Skew 25d4.3%2.4%6.7%4.5%6.7%
Skew 10d10.6%4.9%14.9%14.1%14.2%
Call IV 25d22.5%15.3%33.5%31.3%15.3%
Put IV 25d26.8%21.9%36.4%35.8%22.0%
Bid-Ask Spread %15.3110.0823.1213.9015.07
Gamma HHI0.370.250.670.420.40
Net GEX804.1K-2.5M3.9M-2.3M2.9M
Net DEX28.0M-63.5M105.8M60.5M-63.5M
Net VEX-287.5K-359.2K-231.3K-359.2K-314.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.132.940.451.14
Total Volume7,987.5242,18828,14415,8623,942
Total OI159,77695,588197,688194,850126,676

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-11-01$21.15$22.5032.9%9.4%21.3%75.8%33.2%4.5%-7.2%-2.3M60.5M-359.2K0.4513.90N/AN/A10,9584,90481,538113,312
2012-11-02$20.76$22.5034.5%9.9%21.9%82.5%35.0%2.8%-8.6%-1.5M77.5M-336.2K1.5618.64N/AN/A1,6802,61483,062114,626
2012-11-05$21.00$21.2537.2%7.5%22.3%94.1%28.5%5.0%-1.3%-2.5M70.6M-324.6K0.2922.30N/AN/A5,8701,70677,546113,650
2012-11-06$20.78$21.2537.6%7.6%22.4%95.8%26.5%5.1%-1.6%-2.1M81.7M-305.9K0.4121.66N/AN/A5,1962,15676,068113,608
2012-11-07$20.51$21.2540.4%8.2%22.6%100.0%27.9%4.6%-2.4%-1.5M91.3M-295.0K0.3423.12N/AN/A1,63655278,426114,092
2012-11-08$20.18$21.2541.8%8.1%22.8%100.0%29.7%4.1%-1.5%-853.5K105.8M-270.8K0.3911.48N/AN/A1,83671078,826114,234
2012-11-09$20.36$21.2543.2%8.2%23.2%100.0%27.5%5.1%-1.8%-922.6K99.4M-274.3K0.1315.82N/AN/A4,45257279,698114,330
2012-11-12$20.48$21.2548.8%8.4%22.8%100.0%28.1%4.9%-2.0%-626.6K97.5M-265.7K0.2716.12N/AN/A22,2225,92280,664114,434
2012-11-13$21.03$21.2524.2%6.4%23.7%26.6%23.4%3.6%0.2%941.7K87.8M-248.7K0.6310.08N/AN/A6,8044,26078,410114,532
2012-11-14$21.05$21.2521.9%6.5%23.2%19.8%23.5%3.8%0.3%1.3M89.1M-246.7K0.4311.97N/AN/A2,25896277,822114,574
2012-11-15$21.00$21.2522.3%6.4%23.1%20.9%23.0%3.6%0.4%1.3M96.8M-240.3K0.2512.08N/AN/A5,1321,26277,564114,708
2012-11-16$21.23$21.2521.8%6.3%23.5%19.5%21.7%2.4%1.2%3.9M86.9M-243.4K0.3712.38N/AN/A6,3482,32877,598114,616
2012-11-19$22.04$21.2519.4%5.6%27.1%12.3%20.1%3.7%1.9%1.4M-43.6M-231.3K0.2317.91N/AN/A15,9243,64046,92648,662
2012-11-20$21.77$21.2521.9%6.3%26.9%19.7%20.7%4.7%1.5%2.4M-47.3M-285.2K0.4311.59N/AN/A3,8621,66058,58250,692
2012-11-21$21.73$21.2521.4%6.1%26.1%18.4%20.4%3.8%1.8%2.3M-47.0M-289.3K0.5015.08N/AN/A3,1401,56859,86451,408
2012-11-23$21.95$21.2518.9%5.4%25.7%10.9%20.1%2.9%1.6%2.6M-54.7M-288.6K0.8312.80N/AN/A2,1541,78461,70851,938
2012-11-26$21.75$21.2522.6%6.5%25.3%21.9%22.1%4.4%1.5%2.5M-47.9M-297.4K2.9412.88N/AN/A1,3063,84663,00453,066
2012-11-27$21.55$21.2521.7%6.2%24.9%19.1%21.5%4.4%1.7%2.2M-40.4M-296.9K1.2914.11N/AN/A1,9162,46663,43655,484
2012-11-28$22.02$21.2520.9%6.0%25.0%16.7%22.4%5.5%1.8%2.6M-54.3M-311.0K0.6415.05N/AN/A6,1203,94664,41257,284
2012-11-29$22.06$21.2519.2%5.5%24.1%11.7%20.5%5.8%2.4%2.8M-58.9M-312.2K0.5817.48N/AN/A5,1302,99466,16258,054
2012-11-30$22.17$21.2519.1%5.5%23.6%11.3%21.8%6.7%2.9%2.9M-63.5M-314.0K1.1415.07N/AN/A1,8462,09667,55259,124