TJX Options History — April 2018

In April 2018, TJX traded between $40.27 and $43.22. ATM implied volatility averaged 20.7%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 0.7% (HV 20d: 20.0%). Max pain ranged from $40.00 to $41.25. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2018-04-05: Highest Volume — 18,562 contracts
  • 2018-04-06: Largest IV spike — 19.4% change
  • 2018-04-02: Highest IV Rank — 39.6%
  • 2018-04-02: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.61$40.27$43.22$40.27$42.52
Max Pain$41.07$40.00$41.25$40.00$41.25
ATM IV20.7%17.4%23.9%23.9%19.1%
Expected Move5.9%5.0%6.9%6.9%5.5%
HV 20d20.0%15.4%22.2%15.4%21.1%
HV 60d23.3%22.9%23.9%23.1%23.9%
IV Rank23.2%8.9%39.6%39.6%15.5%
IV Percentile52.4%17.1%78.6%78.6%36.1%
Term Structure0.8%-1.9%3.9%-1.9%2.8%
VWIV20.6%19.2%23.8%23.8%19.2%
Skew 25d3.7%2.5%4.5%3.6%3.6%
Skew 10d7.5%5.6%11.4%8.8%5.9%
Call IV 25d18.9%17.0%22.1%22.1%17.4%
Put IV 25d22.6%20.4%25.7%25.7%21.0%
Bid-Ask Spread %15.537.2021.3216.9113.64
Gamma HHI0.270.160.410.160.32
Net GEX4.7M-1.1M9.2M-990.9K6.7M
Net DEX-102.7M-139.0M-38.5M-38.5M-116.3M
Net VEX-701.8K-777.3K-636.8K-777.3K-706.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.401.660.771.44
Total Volume9,875.7145,88018,5628,8169,232
Total OI141,385.71491,824167,314151,226101,198

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$40.27$40.0023.9%6.9%15.4%39.6%23.8%3.6%-1.9%-990.9K-38.5M-777.3K0.7716.91N/AN/A4,9783,83869,86681,360
2018-04-03$41.16$40.0021.6%6.2%17.6%31.1%22.5%3.9%-0.9%1.4M-72.9M-754.3K1.1415.67N/AN/A2,7523,12869,87482,602
2018-04-04$42.05$40.0020.1%5.8%19.2%22.3%21.9%4.1%-0.1%4.2M-115.2M-737.8K1.2413.45N/AN/A3,6684,56469,87682,734
2018-04-05$42.49$41.2520.0%5.9%18.3%21.8%20.8%4.2%0.9%5.8M-139.0M-705.2K0.4014.92N/AN/A13,2885,27469,88682,280
2018-04-06$41.73$41.2523.9%6.6%19.5%36.8%21.5%4.5%-0.6%4.1M-113.5M-741.9K0.7415.44N/AN/A6,9845,18873,20082,604
2018-04-09$41.55$41.2523.7%6.5%19.6%36.1%21.6%3.9%-0.4%4.6M-110.8M-723.1K0.9116.69N/AN/A5,4464,95875,92882,588
2018-04-10$41.17$41.2522.4%6.1%19.9%30.8%20.0%4.2%0.6%3.2M-91.9M-720.5K0.5221.32N/AN/A7,6744,02477,27283,374
2018-04-11$41.13$41.2521.1%6.0%19.8%25.5%20.7%4.0%0.7%2.5M-88.8M-693.6K0.8820.35N/AN/A4,6404,07074,72483,764
2018-04-12$41.36$41.2520.3%5.8%19.8%22.3%21.1%4.3%0.9%3.2M-97.3M-679.5K1.1214.99N/AN/A3,5643,99274,69084,368
2018-04-13$40.60$41.2521.3%6.1%20.8%24.1%20.7%3.6%0.5%-1.1M-60.2M-686.5K0.5914.05N/AN/A9,1865,43274,95684,716
2018-04-16$41.45$41.2519.8%5.7%22.0%18.2%20.9%3.6%0.7%6.0M-116.0M-636.8K0.4119.03N/AN/A8,9783,68674,98884,728
2018-04-17$41.77$41.2519.9%5.7%22.2%18.8%19.4%2.5%0.3%8.2M-138.3M-677.4K0.7012.90N/AN/A5,7424,04480,32285,236
2018-04-18$41.66$41.2519.4%5.6%22.2%16.8%19.2%3.2%0.5%7.7M-134.0M-676.6K1.4515.79N/AN/A3,0184,36880,79085,388
2018-04-19$41.38$41.2520.2%5.8%21.9%19.8%19.7%3.4%0.1%5.5M-119.6M-675.1K1.1020.45N/AN/A3,2923,62080,73286,372
2018-04-20$41.20$41.2520.7%5.9%20.5%21.9%19.9%4.0%-0.3%9.2M-107.2M-673.2K0.9512.49N/AN/A4,3304,12880,91486,400
2018-04-23$41.55$41.2520.3%5.8%19.9%20.2%20.0%3.9%1.7%4.9M-80.9M-665.0K0.6713.50N/AN/A3,7242,50654,10637,718
2018-04-24$41.42$41.2520.6%5.9%19.4%21.7%20.4%3.0%1.8%4.9M-78.8M-668.9K1.5214.95N/AN/A4,0646,16455,43837,756
2018-04-25$41.62$41.2520.6%5.9%19.1%21.4%20.1%2.6%2.4%5.5M-86.8M-725.7K1.6615.22N/AN/A3,8346,36657,53840,004
2018-04-26$42.52$41.2518.6%5.3%20.4%13.6%19.6%3.8%2.9%6.5M-114.3M-715.1K1.3417.26N/AN/A4,2125,62458,41040,340
2018-04-27$43.22$41.2517.4%5.0%20.8%8.9%19.4%3.4%3.9%6.4M-136.8M-698.8K1.397.20N/AN/A4,1025,70859,01041,050
2018-04-30$42.52$41.2519.1%5.5%21.1%15.5%19.2%3.6%2.8%6.7M-116.3M-706.0K1.4413.64N/AN/A3,7865,44659,64041,558