TJX Options History — April 2014

In April 2014, TJX traded between $28.91 and $31.08. ATM implied volatility averaged 17.7%, placing in the 49.3% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 1.2% (HV 20d: 18.9%). Max pain ranged from $28.75 to $28.75. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2014-04-21: Highest Volume — 4,458 contracts
  • 2014-04-10: Largest IV spike — 17.7% change
  • 2014-04-11: Highest IV Rank — 63.9%
  • 2014-04-14: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.70$28.91$31.08$30.59$29.09
Max Pain$28.75$28.75$28.75$28.75$28.75
ATM IV17.7%14.7%20.3%16.8%18.0%
Expected Move6.1%6.0%6.3%6.2%6.1%
HV 20d18.9%16.6%20.9%16.6%17.8%
HV 60d18.3%17.6%19.2%17.9%17.6%
IV Rank49.3%32.0%63.9%44.1%51.0%
IV Percentile42.3%3.2%82.9%23.8%46.0%
Term Structure0.8%-0.1%1.8%1.0%1.1%
VWIV22.4%15.6%26.5%20.6%20.9%
Skew 25d2.9%2.1%4.9%3.0%2.7%
Skew 10d7.1%2.8%11.8%8.1%6.9%
Call IV 25d16.7%11.0%19.1%14.3%16.7%
Put IV 25d19.6%15.8%21.9%17.3%19.4%
Bid-Ask Spread %8.657.729.668.259.18
Gamma HHI0.270.170.400.370.29
Net GEX511.3K-670.8K2.5M2.1M-670.8K
Net DEX-10.2M-51.1M9.4M-34.4M2.2M
Net VEX-326.3K-344.0K-305.1K-344.0K-326.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.155.090.730.26
Total Volume2,395.2384604,4583,3421,828
Total OI75,340.57157,35286,81080,56465,900

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$30.59$28.7516.8%6.2%16.6%44.1%20.6%3.0%1.0%2.1M-34.4M-344.0K0.738.25N/AN/A1,9361,40643,03237,532
2014-04-02$31.08$28.7514.7%6.1%17.6%32.0%23.5%4.9%1.8%2.5M-51.1M-339.9K0.507.91N/AN/A1,76488643,32638,150
2014-04-03$30.77$28.7514.7%6.1%17.6%32.2%15.6%2.5%1.7%2.2M-40.4M-337.0K0.398.25N/AN/A96037842,99238,528
2014-04-04$30.59$28.7516.5%6.1%17.4%42.5%24.4%2.1%1.0%2.0M-34.2M-336.5K0.938.75N/AN/A47444243,11038,552
2014-04-07$29.94$28.7518.1%6.2%18.5%51.4%23.9%2.7%0.4%1.2M-15.7M-329.1K0.439.49N/AN/A1,71274443,13438,510
2014-04-08$30.23$28.7516.8%6.2%18.9%44.1%0.0%3.1%0.4%1.4M-21.4M-325.5K0.257.81N/AN/A1,20430042,93038,588
2014-04-09$30.13$28.7515.8%6.2%18.8%38.2%21.0%2.6%0.8%1.4M-20.6M-323.6K0.329.01N/AN/A3,10898443,14638,432
2014-04-10$29.44$28.7518.6%6.2%20.3%54.2%22.7%2.8%0.6%720.0K-2.1M-318.8K0.339.61N/AN/A1,56251844,11638,372
2014-04-11$28.91$28.7520.3%6.3%20.9%63.9%22.6%2.8%-0.1%246.4K9.4M-308.7K1.129.36N/AN/A1,7441,95844,82438,428
2014-04-14$29.14$28.7519.7%6.3%20.7%60.7%25.1%2.8%0.3%432.0K4.8M-311.4K0.907.72N/AN/A1,5701,40645,91638,844
2014-04-15$29.34$28.7519.9%6.3%19.9%61.6%24.0%2.9%0.0%455.1K1.9M-314.5K0.467.86N/AN/A81237046,03239,592
2014-04-16$29.52$28.7518.2%6.1%20.0%52.2%23.1%3.3%0.8%471.4K-2.1M-305.1K5.098.50N/AN/A6723,42044,80239,244
2014-04-17$29.35$28.7519.1%6.2%20.0%57.0%21.6%2.4%0.0%-268.9K2.6M-308.9K3.928.19N/AN/A8963,51245,07041,740
2014-04-21$29.70$28.7517.4%6.0%19.4%47.6%22.2%3.1%0.8%-450.9K-4.9M-320.4K0.629.66N/AN/A2,7561,70227,03630,316
2014-04-22$29.85$28.7517.1%6.0%18.4%45.9%25.2%3.7%1.2%-189.0K-9.4M-333.7K0.208.65N/AN/A1,58231029,47231,746
2014-04-23$29.43$28.7516.8%6.0%18.9%44.1%0.0%2.7%1.6%-504.9K-2.4M-332.8K0.269.07N/AN/A1,58641830,07631,884
2014-04-24$29.13$28.7518.0%6.1%19.0%50.7%22.0%3.5%0.9%-574.7K2.8M-334.1K0.488.09N/AN/A1,77085831,33632,124
2014-04-25$29.07$28.7517.9%6.1%19.0%50.3%26.5%2.5%1.2%-662.1K3.1M-332.2K0.248.87N/AN/A1,05825831,71232,668
2014-04-28$29.27$28.7519.2%6.1%18.6%57.6%0.0%2.9%-0.1%-466.3K-1.8M-337.2K1.068.01N/AN/A47450232,56632,706
2014-04-29$29.23$28.7518.6%6.1%18.2%54.5%19.2%2.5%0.4%-546.3K-497.6K-333.6K0.159.43N/AN/A4006032,71232,956
2014-04-30$29.09$28.7518.0%6.1%17.8%51.0%20.9%2.7%1.1%-670.8K2.2M-326.0K0.269.18N/AN/A1,45437432,92832,972