TJX Options History — January 2019

In January 2019, TJX traded between $44.41 and $49.16. ATM implied volatility averaged 25.3%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.2% (HV 20d: 25.1%). Max pain ranged from $45.00 to $47.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2019-01-25: Highest Volume — 8,428 contracts
  • 2019-01-22: Largest IV spike — 17.5% change
  • 2019-01-07: Highest IV Rank — 31.7%
  • 2019-01-02: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.58$44.41$49.16$44.43$49.07
Max Pain$46.25$45.00$47.50$46.25$47.50
ATM IV25.3%20.3%32.9%31.9%20.9%
Expected Move7.1%5.8%9.2%9.2%7.1%
HV 20d25.1%18.2%30.9%28.4%18.2%
HV 60d28.4%27.6%28.8%27.7%28.1%
IV Rank23.6%18.3%31.7%30.7%18.9%
IV Percentile69.5%41.7%95.6%93.7%49.2%
Term Structure1.3%-3.2%4.7%-3.2%-0.9%
VWIV24.6%20.1%32.6%32.6%24.6%
Skew 25d4.3%3.0%5.8%3.0%4.2%
Skew 10d11.0%7.3%15.3%8.3%7.7%
Call IV 25d22.9%16.9%31.5%31.5%23.2%
Put IV 25d27.2%22.4%34.5%34.5%27.4%
Bid-Ask Spread %15.446.4525.0816.6719.65
Gamma HHI0.230.150.350.150.35
Net GEX4.2M2.1M6.8M2.2M3.9M
Net DEX-44.2M-143.0M20.8M20.8M-44.8M
Net VEX-701.5K-766.2K-666.0K-676.7K-691.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.211.520.490.73
Total Volume2,953.194458,4281,9743,596
Total OI119,200.14365,845152,634143,75376,274

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$44.43$46.2531.9%9.2%28.4%30.7%32.6%3.0%-3.2%2.2M20.8M-676.7K0.4916.67N/AN/A1,32964588,55455,199
2019-01-03$44.41$45.0031.2%8.4%27.8%29.9%29.6%4.3%-1.1%2.6M17.1M-689.7K0.3723.41N/AN/A1,09641088,56655,299
2019-01-04$45.28$45.0032.0%8.3%28.9%30.7%27.9%3.3%-0.5%3.2M1.9M-697.9K0.2724.21N/AN/A3,41692888,85655,386
2019-01-07$46.75$45.0032.9%8.3%30.9%31.7%30.6%4.5%-0.8%5.5M-44.6M-727.4K0.2920.41N/AN/A1,42341789,41955,495
2019-01-08$47.31$45.0030.6%7.9%29.1%29.3%28.3%4.9%-0.3%6.5M-63.6M-731.7K0.6717.50N/AN/A3,3482,23790,10755,625
2019-01-09$47.33$45.0026.6%7.6%28.1%25.0%26.4%4.0%0.2%6.7M-64.3M-766.2K0.2712.74N/AN/A3,16684591,88657,226
2019-01-10$46.97$45.0026.6%7.6%27.9%25.0%27.2%4.3%-0.0%5.8M-44.3M-753.7K0.7714.72N/AN/A1,5141,17291,29157,655
2019-01-11$47.43$45.0026.3%7.5%27.9%24.7%24.5%3.4%0.2%6.8M-62.8M-743.7K0.3216.12N/AN/A3,8911,22691,48458,033
2019-01-14$46.78$45.0025.8%7.4%28.2%24.1%25.4%3.8%1.1%5.8M-34.2M-714.5K0.3115.31N/AN/A1,24638993,26158,356
2019-01-15$47.41$45.0024.5%7.0%27.8%22.8%24.3%3.3%1.3%6.4M-54.7M-704.8K0.3010.28N/AN/A1,15534593,19758,550
2019-01-16$47.56$45.0023.5%6.7%26.2%21.7%23.5%3.6%2.1%6.1M-62.3M-695.9K0.2125.08N/AN/A1,81538793,30058,527
2019-01-17$48.01$47.5023.3%6.7%26.3%21.5%21.7%4.1%1.8%4.2M-82.2M-680.5K0.5316.63N/AN/A2,5521,34493,48758,319
2019-01-18$49.16$47.5020.5%5.9%26.0%18.5%21.0%5.8%3.6%2.3M-143.0M-667.8K0.3211.50N/AN/A4,3031,36193,93458,700
2019-01-22$48.50$47.5024.1%6.9%23.3%22.4%22.5%5.2%1.9%2.1M-33.4M-666.0K0.6112.80N/AN/A1,44388736,48329,362
2019-01-23$48.76$47.5022.1%6.3%22.8%20.2%22.6%5.2%3.1%2.3M-36.6M-677.4K0.2417.62N/AN/A1,62438837,62030,059
2019-01-24$48.61$47.5023.7%6.8%22.8%21.9%21.5%5.1%2.5%2.4M-36.2M-680.5K0.5311.55N/AN/A66335438,20430,214
2019-01-25$48.85$47.5020.3%5.8%19.4%18.3%20.1%4.2%4.2%2.6M-38.9M-675.4K0.4310.01N/AN/A5,9022,52638,54330,329
2019-01-28$48.84$47.5020.5%5.9%19.4%18.5%20.6%5.3%4.4%3.6M-41.0M-697.5K0.7410.19N/AN/A25618942,66832,356
2019-01-29$48.72$47.5023.9%6.9%19.6%22.1%21.1%4.3%1.9%3.4M-39.1M-696.2K0.2311.31N/AN/A1,27429142,75732,559
2019-01-30$48.90$47.5020.6%5.9%18.6%18.6%21.6%4.1%4.7%3.8M-43.0M-697.8K1.526.45N/AN/A26340143,46632,597
2019-01-31$49.07$47.5020.9%7.1%18.2%18.9%24.6%4.2%-0.9%3.9M-44.8M-691.2K0.7319.65N/AN/A2,0841,51243,57932,695