TJX Options History — February 2013

In February 2013, TJX traded between $21.79 and $22.84. ATM implied volatility averaged 19.9%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 9.7% (HV 20d: 10.2%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.58.

Notable Days

  • 2013-02-15: Highest Volume — 119,306 contracts
  • 2013-02-27: Largest IV drop — 43.4% change
  • 2013-02-26: Highest IV Rank — 42.8%
  • 2013-02-26: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.46$21.79$22.84$22.65$22.48
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV19.9%15.3%28.7%15.6%15.3%
Expected Move6.0%4.4%8.2%5.7%4.4%
HV 20d10.2%8.2%14.2%10.6%14.2%
HV 60d17.4%15.7%19.2%19.2%16.5%
IV Rank17.9%4.8%42.8%5.6%4.8%
IV Percentile32.4%2.4%89.3%4.4%2.4%
Term Structure-1.0%-5.3%2.4%-0.4%2.0%
VWIV20.9%15.1%26.2%20.1%15.1%
Skew 25d3.6%0.6%5.6%3.9%0.6%
Skew 10d9.2%1.1%12.8%7.7%1.1%
Call IV 25d19.1%11.9%23.9%18.4%11.9%
Put IV 25d22.8%12.5%29.5%22.3%12.5%
Bid-Ask Spread %15.918.5823.1716.9118.95
Gamma HHI0.840.680.980.900.80
Net GEX30.6M6.9M173.3M19.0M15.6M
Net DEX-81.6M-138.8M-18.6M-100.9M-73.8M
Net VEX-388.4K-422.7K-322.2K-413.1K-403.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.0212.760.800.28
Total Volume12,846.2111,306119,3061,3065,526
Total OI154,290.421139,854170,366145,964156,636

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-02-01$22.65$22.5015.6%5.7%10.6%5.6%20.1%3.9%-0.4%19.0M-100.9M-413.1K0.8016.91N/AN/A726580102,80843,156
2013-02-04$22.62$22.5016.8%5.8%10.6%9.1%20.5%3.8%-0.7%20.0M-95.9M-391.7K1.538.58N/AN/A6,82610,442103,05243,478
2013-02-05$22.82$22.5017.1%5.9%10.6%10.1%20.9%4.1%-0.8%18.6M-121.7M-401.7K1.2610.53N/AN/A2,4643,106108,35451,096
2013-02-06$22.73$22.5015.7%6.0%8.2%6.0%21.0%4.2%-1.5%20.5M-106.5M-397.4K1.0211.42N/AN/A836856105,21651,774
2013-02-07$22.70$22.5019.7%5.7%8.3%17.5%20.2%3.1%-0.4%27.3M-108.9M-386.8K0.389.16N/AN/A4,2221,588105,49052,328
2013-02-08$22.84$22.5020.3%5.8%8.5%19.2%20.4%3.7%-0.8%25.3M-138.8M-369.9K0.6218.82N/AN/A1,9081,174107,36452,802
2013-02-11$22.70$22.5020.4%5.9%8.9%19.5%19.9%4.2%-0.9%36.3M-122.8M-358.6K0.1617.21N/AN/A7,0721,106108,25253,488
2013-02-12$22.60$22.5020.1%5.8%9.1%18.5%20.1%3.3%-0.7%44.2M-103.4M-353.7K12.7617.83N/AN/A1,33016,970103,29653,842
2013-02-13$22.50$22.5020.1%5.8%8.8%18.4%20.4%3.4%-0.6%60.7M-66.8M-377.8K0.9016.31N/AN/A1,2981,172103,59666,770
2013-02-14$22.61$22.5020.0%5.7%8.8%18.3%20.1%2.8%-0.7%60.9M-138.0M-322.2K0.7416.86N/AN/A1,6001,190102,80260,808
2013-02-15$22.50$22.5020.0%5.7%8.8%18.2%19.9%3.4%-0.7%173.3M-71.2M-332.5K0.0220.05N/AN/A117,4021,904102,89061,492
2013-02-19$22.57$22.5020.9%6.0%8.8%20.8%21.4%4.4%-1.3%8.4M-74.4M-422.7K0.4010.36N/AN/A2,9861,20293,43846,416
2013-02-20$22.15$22.5021.3%6.1%11.2%22.0%21.5%3.4%-1.7%7.9M-45.2M-414.7K0.5019.99N/AN/A4,3442,16093,96847,088
2013-02-21$22.11$22.5022.4%6.4%11.0%24.9%24.2%3.2%-2.3%7.9M-42.9M-419.8K0.4617.07N/AN/A1,37263097,53248,694
2013-02-22$22.11$22.5021.0%6.0%10.3%21.2%23.8%3.2%-1.0%8.0M-42.1M-416.0K3.6923.17N/AN/A7622,81097,81249,076
2013-02-25$21.79$22.5026.4%7.6%11.1%36.5%24.7%4.4%-4.0%7.1M-18.6M-385.6K0.6016.95N/AN/A2,8821,72498,01651,276
2013-02-26$21.84$22.5028.7%8.2%11.2%42.8%26.2%5.6%-5.3%6.9M-20.1M-400.4K2.8720.16N/AN/A4,57213,14499,18651,724
2013-02-27$22.38$22.5016.2%4.6%14.2%7.5%17.0%4.5%2.4%13.5M-58.2M-411.0K0.9611.97N/AN/A7,2406,952100,78255,720
2013-02-28$22.48$22.5015.3%4.4%14.2%4.8%15.1%0.6%2.0%15.6M-73.8M-403.4K0.2818.95N/AN/A4,3081,218102,97253,664