TJX Options History — February 2014

In February 2014, TJX traded between $28.02 and $30.73. ATM implied volatility averaged 22.5%, placing in the 69.0% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 2.0% (HV 20d: 20.5%). Max pain ranged from $27.50 to $28.75. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.49.

Notable Days

  • 2014-02-25: Highest Volume — 28,106 contracts
  • 2014-02-26: Largest IV drop — 28.0% change
  • 2014-02-05: Highest IV Rank — 89.5%
  • 2014-02-04: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.80$28.02$30.73$28.12$30.73
Max Pain$28.55$27.50$28.75$28.75$28.75
ATM IV22.5%17.6%26.6%25.4%17.6%
Expected Move6.6%6.3%7.0%7.0%6.3%
HV 20d20.5%16.1%23.3%16.2%18.7%
HV 60d16.0%15.1%16.7%15.2%16.1%
IV Rank69.0%48.4%89.5%83.0%48.5%
IV Percentile86.8%43.3%99.6%99.2%43.3%
Term Structure-1.1%-4.0%2.5%0.4%0.5%
VWIV24.1%22.1%26.3%22.4%23.9%
Skew 25d2.4%1.6%3.1%2.0%2.8%
Skew 10d5.8%2.8%9.4%6.3%8.6%
Call IV 25d22.5%17.2%26.0%24.9%17.2%
Put IV 25d24.9%20.0%28.6%26.8%20.0%
Bid-Ask Spread %12.738.5123.2923.298.51
Gamma HHI0.230.180.320.240.26
Net GEX505.7K-1.7M2.3M-1.7M1.3M
Net DEX-10.9M-44.2M65.2M62.1M-39.5M
Net VEX-481.7K-528.1K-430.3K-448.3K-446.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.206.630.630.49
Total Volume8,764.2112,30428,1065,9302,304
Total OI138,115.368101,582160,320136,402106,772

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$28.12$28.7525.4%7.0%16.2%83.0%22.4%2.0%0.4%-1.7M62.1M-448.3K0.6323.29N/AN/A3,6382,29272,33264,070
2014-02-04$28.02$28.7524.5%7.0%16.1%78.8%0.0%1.9%0.4%-1.7M65.2M-430.3K0.6922.90N/AN/A3,2242,23474,16063,460
2014-02-05$28.89$28.7526.6%6.9%20.5%89.5%23.8%2.6%-1.0%-712.3K32.8M-500.6K0.2418.95N/AN/A11,9162,90475,54865,216
2014-02-06$29.70$28.7521.4%6.7%23.2%62.9%25.5%2.2%2.5%817.5K-7.9M-528.1K0.8118.27N/AN/A8,9767,23081,25866,708
2014-02-07$29.71$27.5020.8%6.8%23.3%59.9%22.1%3.1%-1.3%-20.9K-3.0M-519.5K0.8014.98N/AN/A2,1801,74880,59866,950
2014-02-10$29.63$27.5021.4%6.7%22.6%62.7%26.3%2.4%-2.3%-77.2K897.1K-514.5K1.2212.05N/AN/A2,6303,21281,03268,044
2014-02-11$29.98$27.5019.8%6.5%22.6%54.6%24.7%3.1%-1.4%-117.3K-17.6M-511.5K0.2012.96N/AN/A6,1441,20281,82070,078
2014-02-12$30.07$28.7519.2%6.6%22.7%51.4%26.3%3.1%-1.7%-726.6K-18.5M-495.3K1.6610.54N/AN/A3,2405,36878,41670,968
2014-02-13$30.09$28.7523.7%6.6%22.7%74.7%22.7%2.5%-1.9%-901.8K-16.3M-501.9K0.5411.32N/AN/A12,6246,78880,27274,338
2014-02-14$29.89$28.7523.1%6.6%22.7%71.6%22.8%1.9%-1.6%2.3M-24.5M-500.1K2.9810.19N/AN/A2,0186,00486,33468,750
2014-02-18$30.11$28.7524.1%6.5%22.9%76.4%22.8%1.6%-1.9%2.0M-30.8M-487.9K3.239.16N/AN/A1,2484,03286,34270,642
2014-02-19$29.93$28.7524.0%6.5%20.9%76.2%0.0%2.1%-2.1%1.5M-17.7M-488.9K6.6311.34N/AN/A8765,80486,86073,460
2014-02-20$30.01$28.7523.7%6.5%20.0%74.4%23.9%1.9%-1.9%1.8M-31.7M-473.8K2.599.89N/AN/A8342,15685,40468,464
2014-02-21$30.04$28.7524.1%6.5%19.3%76.4%24.2%2.0%-2.3%1.6M-35.1M-476.4K0.9110.38N/AN/A1,5441,40685,55069,472
2014-02-24$30.20$28.7525.2%6.5%18.7%82.1%23.9%1.7%-3.2%1.8M-37.0M-462.6K1.588.58N/AN/A2,7044,27855,37846,204
2014-02-25$30.50$28.7525.8%6.5%18.9%85.3%0.0%2.3%-4.0%1.7M-44.2M-470.2K1.3010.27N/AN/A12,19415,91256,62248,366
2014-02-26$30.14$28.7518.6%6.4%19.5%48.4%25.2%3.0%0.6%-102.1K-17.3M-454.8K1.389.78N/AN/A5,1347,10654,58853,860
2014-02-27$30.36$28.7518.4%6.3%18.5%53.3%24.4%3.0%0.8%720.2K-27.3M-442.5K0.518.52N/AN/A2,2621,15454,76051,096
2014-02-28$30.73$28.7517.6%6.3%18.7%48.5%23.9%2.8%0.5%1.3M-39.5M-446.0K0.498.51N/AN/A1,54476055,26051,512