TJX Options History — February 2018

In February 2018, TJX traded between $37.38 and $41.54. ATM implied volatility averaged 30.0%, placing in the 62.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 10.0% (HV 20d: 19.9%). Max pain ranged from $38.75 to $38.75. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 1.35.

Notable Days

  • 2018-02-27: Highest Volume — 83,694 contracts
  • 2018-02-28: Largest IV drop — 37.5% change
  • 2018-02-26: Highest IV Rank — 91.1%
  • 2018-02-26: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.62$37.38$41.54$39.97$41.54
Max Pain$38.75$38.75$38.75$38.75$38.75
ATM IV30.0%20.5%37.8%20.5%23.3%
Expected Move8.7%6.7%10.8%7.3%6.7%
HV 20d19.9%17.5%32.5%18.2%32.5%
HV 60d20.3%18.9%23.5%20.2%23.5%
IV Rank62.0%27.0%91.1%27.0%37.3%
IV Percentile92.0%64.3%99.6%64.3%77.4%
Term Structure-4.8%-11.0%-1.7%-2.6%-1.7%
VWIV30.3%24.2%36.9%26.5%24.2%
Skew 25d3.7%2.4%6.8%2.4%2.4%
Skew 10d8.7%4.6%15.4%5.1%5.6%
Call IV 25d28.7%22.1%35.5%24.7%22.1%
Put IV 25d32.4%24.5%39.0%27.1%24.5%
Bid-Ask Spread %17.7010.4532.9614.2419.55
Gamma HHI0.180.160.220.200.22
Net GEX2.9M-1.2M21.9M6.6M21.9M
Net DEX-48.4M-318.8M17.0M-107.4M-318.8M
Net VEX-861.8K-975.6K-768.6K-799.8K-857.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.234.051.280.75
Total Volume26,023.1589,69483,69417,62036,356
Total OI171,098.947135,078239,750135,240239,750

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$39.97$38.7520.5%7.3%18.2%27.0%26.5%2.4%-2.6%6.6M-107.4M-799.8K1.2814.24N/AN/A7,7329,88875,45059,790
2018-02-02$39.13$38.7522.5%7.7%20.1%34.5%27.3%3.0%-2.9%4.4M-65.3M-807.2K1.7511.73N/AN/A5,85210,22875,10060,194
2018-02-05$38.27$38.7530.0%8.7%20.3%62.0%31.1%3.1%-4.1%2.2M-26.8M-790.3K2.0632.96N/AN/A5,75211,82875,19259,886
2018-02-06$37.97$38.7531.9%8.9%19.2%69.1%30.1%3.7%-3.8%1.5M-12.2M-802.5K1.4124.04N/AN/A9,05412,77275,16062,226
2018-02-07$38.11$38.7529.2%8.4%19.3%59.0%28.0%3.3%-3.0%979.0K-17.7M-793.2K1.6821.91N/AN/A4,4587,48476,01863,842
2018-02-08$37.38$38.7531.5%9.0%20.2%67.8%32.4%4.7%-3.5%477.5K6.7M-768.6K4.0524.17N/AN/A6,80427,56476,02862,182
2018-02-09$37.84$38.7535.0%10.0%20.5%80.5%31.5%6.8%-5.0%-1.2M17.0M-874.0K0.2328.62N/AN/A30,1647,09076,34282,540
2018-02-12$37.83$38.7532.3%9.3%19.3%70.8%33.2%4.5%-5.3%-852.9K9.4M-874.4K1.2916.19N/AN/A5,2026,72685,82483,396
2018-02-13$37.90$38.7532.0%9.2%18.0%69.5%32.2%3.8%-5.0%-1.1M9.0M-873.3K1.1611.80N/AN/A4,5785,29487,23284,632
2018-02-14$38.32$38.7529.7%8.5%18.4%61.0%30.2%4.6%-4.8%331.2K-19.8M-856.6K1.2615.12N/AN/A4,3365,45687,39885,068
2018-02-15$38.95$38.7528.9%8.3%19.1%58.2%28.1%3.9%-4.4%2.1M-56.0M-847.2K0.6410.45N/AN/A8,6445,49287,87685,420
2018-02-16$39.02$38.7528.7%8.2%17.5%57.3%29.2%3.6%-4.1%3.7M-72.7M-866.7K1.4514.28N/AN/A18,34426,58891,66285,376
2018-02-20$38.28$38.7529.6%8.5%18.4%60.7%28.2%3.9%-5.1%573.4K-18.1M-917.5K0.3714.04N/AN/A18,6546,87489,24696,378
2018-02-21$37.98$38.7530.2%8.7%18.5%62.8%29.7%2.8%-5.1%-444.6K-1.3M-916.2K1.3812.87N/AN/A4,0765,61889,78697,318
2018-02-22$38.22$38.7529.3%8.4%18.8%59.7%29.9%3.4%-4.8%127.2K-10.8M-920.0K1.2814.87N/AN/A6,1927,93890,55098,344
2018-02-23$38.97$38.7529.4%8.4%20.2%60.1%30.1%3.6%-5.7%3.2M-58.2M-928.4K2.1814.61N/AN/A7,73416,84493,404101,080
2018-02-26$39.37$38.7537.8%10.8%20.0%91.1%36.9%3.8%-11.0%4.4M-94.4M-905.9K0.7014.99N/AN/A31,29021,84093,73697,268
2018-02-27$38.76$38.7537.3%10.7%20.4%89.0%36.9%3.5%-9.6%5.8M-82.2M-975.6K0.6519.89N/AN/A50,67833,016116,662103,524
2018-02-28$41.54$38.7523.3%6.7%32.5%37.3%24.2%2.4%-1.7%21.9M-318.8M-857.0K0.7519.55N/AN/A20,75615,600130,252109,498