TJX Options History — October 2018

In October 2018, TJX traded between $53.16 and $56.15. ATM implied volatility averaged 22.1%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 7.0% (HV 20d: 15.1%). Max pain ranged from $48.75 to $55.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.98.

Notable Days

2018-10-22: Highest Volume — 23,940 contracts
2018-10-23: Largest IV spike — 14.5% change
2018-10-29: Highest IV Rank — 45.6%
2018-10-29: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.75	$53.16	$56.15	$56.15	$55.16
Max Pain	$54.18	$48.75	$55.00	$48.75	$55.00
ATM IV	22.1%	17.8%	26.5%	17.9%	24.8%
Expected Move	6.4%	5.1%	7.6%	5.1%	7.1%
HV 20d	15.1%	11.0%	20.1%	11.0%	20.1%
HV 60d	16.9%	15.7%	18.6%	15.7%	18.6%
IV Rank	28.3%	11.4%	45.6%	12.0%	39.0%
IV Percentile	65.7%	17.1%	90.1%	20.2%	86.1%
Term Structure	0.6%	-0.6%	2.3%	1.4%	0.9%
VWIV	22.4%	17.3%	27.1%	17.3%	26.6%
Skew 25d	3.4%	1.8%	4.5%	2.9%	3.0%
Skew 10d	7.0%	5.2%	9.0%	9.0%	6.5%
Call IV 25d	20.6%	15.4%	25.6%	15.4%	23.1%
Put IV 25d	24.0%	18.3%	29.3%	18.3%	26.1%
Bid-Ask Spread %	14.17	4.50	28.52	6.16	15.34
Gamma HHI	0.36	0.14	0.69	0.39	0.32
Net GEX	10.1M	1.5M	20.9M	15.4M	5.9M
Net DEX	-292.1M	-455.8M	-99.7M	-444.8M	-172.1M
Net VEX	-737.2K	-788.9K	-648.3K	-692.2K	-743.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.98	0.24	2.40	0.57	0.56
Total Volume	8,295.652	4,242	23,940	5,602	4,902
Total OI	163,512.87	100,304	194,570	178,636	123,856

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-10-01	$56.15	$48.75	17.9%	5.1%	11.0%	12.0%	17.3%	2.9%	1.4%	15.4M	-444.8M	-692.2K	0.57	6.16	N/A	N/A	3,564	2,038	112,032	66,604
2018-10-02	$55.24	$48.75	17.8%	5.1%	11.8%	11.4%	18.1%	1.8%	0.8%	14.2M	-388.7M	-737.7K	0.24	4.50	N/A	N/A	9,574	2,288	111,784	66,878
2018-10-03	$55.24	$48.75	18.0%	5.1%	11.8%	12.0%	17.5%	2.8%	1.3%	14.8M	-391.0M	-766.7K	1.13	5.04	N/A	N/A	5,244	5,940	114,402	67,432
2018-10-04	$55.04	$55.00	19.3%	5.8%	11.9%	17.3%	20.2%	2.7%	0.6%	14.0M	-383.9M	-788.9K	1.30	11.06	N/A	N/A	3,224	4,186	116,482	67,832
2018-10-05	$55.06	$55.00	19.3%	5.8%	11.5%	17.1%	20.2%	3.0%	1.2%	14.3M	-387.5M	-784.9K	2.40	11.75	N/A	N/A	4,316	10,350	116,832	67,804
2018-10-08	$55.49	$55.00	20.1%	5.9%	11.3%	20.5%	19.9%	3.3%	0.8%	13.7M	-401.7M	-743.0K	0.65	12.39	N/A	N/A	3,220	2,106	116,324	71,214
2018-10-09	$55.69	$55.00	20.9%	6.1%	11.2%	23.7%	21.6%	3.1%	0.6%	14.3M	-419.8M	-750.0K	0.95	10.71	N/A	N/A	2,456	2,328	116,898	71,356
2018-10-10	$54.55	$55.00	22.4%	6.4%	13.4%	29.6%	23.5%	3.9%	0.2%	11.6M	-340.6M	-777.5K	0.87	15.68	N/A	N/A	4,796	4,162	117,108	71,696
2018-10-11	$54.22	$55.00	23.1%	6.6%	13.2%	32.2%	23.8%	4.2%	-0.6%	10.1M	-315.6M	-784.8K	0.84	24.25	N/A	N/A	3,848	3,244	116,476	72,900
2018-10-12	$54.68	$55.00	22.8%	6.5%	13.5%	31.3%	23.4%	3.7%	-0.1%	11.9M	-343.8M	-761.4K	0.67	15.86	N/A	N/A	3,442	2,300	117,116	73,104
2018-10-15	$55.46	$55.00	22.7%	6.5%	14.1%	30.7%	22.8%	3.7%	-0.2%	14.5M	-400.1M	-694.9K	0.49	15.75	N/A	N/A	5,044	2,480	117,148	73,388
2018-10-16	$56.09	$55.00	21.0%	6.0%	14.0%	23.9%	20.3%	3.3%	0.3%	16.3M	-455.8M	-648.3K	0.47	15.83	N/A	N/A	6,706	3,154	118,136	73,722
2018-10-17	$55.40	$55.00	20.6%	5.9%	14.8%	22.6%	21.3%	3.2%	0.9%	15.8M	-406.0M	-661.1K	0.75	14.21	N/A	N/A	5,184	3,864	117,706	74,334
2018-10-18	$54.84	$55.00	21.3%	6.1%	15.3%	25.0%	21.3%	3.3%	1.0%	20.9M	-355.4M	-669.5K	1.61	15.53	N/A	N/A	3,310	5,336	118,008	74,248
2018-10-19	$53.64	$55.00	22.9%	6.6%	17.2%	31.7%	22.3%	3.4%	0.2%	1.5M	-255.3M	-663.4K	0.58	10.07	N/A	N/A	7,636	4,460	117,330	77,240
2018-10-22	$54.51	$55.00	21.1%	6.1%	18.2%	24.6%	21.5%	2.9%	2.3%	1.9M	-125.8M	-669.7K	0.58	14.09	N/A	N/A	15,106	8,834	53,034	47,270
2018-10-23	$53.49	$55.00	24.2%	6.9%	19.1%	36.7%	23.4%	4.0%	0.3%	3.4M	-115.1M	-763.7K	1.03	14.76	N/A	N/A	2,644	2,722	64,850	54,034
2018-10-24	$53.84	$55.00	23.6%	6.8%	18.4%	34.4%	25.7%	3.9%	0.9%	3.7M	-121.9M	-772.0K	1.53	16.30	N/A	N/A	1,674	2,568	64,932	54,374
2018-10-25	$53.48	$55.00	25.4%	7.3%	18.5%	41.5%	23.7%	4.1%	0.2%	3.2M	-109.7M	-771.8K	1.31	14.03	N/A	N/A	2,352	3,072	65,090	54,732
2018-10-26	$53.16	$55.00	25.9%	7.4%	18.4%	43.3%	27.1%	4.5%	0.5%	2.8M	-99.7M	-776.6K	2.20	17.12	N/A	N/A	1,758	3,874	65,336	55,540
2018-10-29	$53.79	$55.00	26.5%	7.6%	19.0%	45.6%	26.9%	3.7%	0.8%	3.6M	-123.8M	-775.5K	1.00	28.52	N/A	N/A	3,150	3,148	65,332	56,122
2018-10-30	$54.98	$55.00	26.4%	7.6%	20.1%	45.2%	26.6%	4.2%	0.4%	4.9M	-159.8M	-759.5K	0.69	16.94	N/A	N/A	3,072	2,124	65,946	56,814
2018-10-31	$55.16	$55.00	24.8%	7.1%	20.1%	39.0%	26.6%	3.0%	0.9%	5.9M	-172.1M	-743.3K	0.56	15.34	N/A	N/A	3,152	1,750	67,024	56,832