TJX Options History — February 2019

In February 2019, TJX traded between $48.41 and $51.67. ATM implied volatility averaged 25.4%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 11.8% (HV 20d: 13.6%). Max pain ranged from $47.50 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-02-27: Highest Volume — 25,024 contracts
  • 2019-02-27: Largest IV drop — 43.6% change
  • 2019-02-26: Highest IV Rank — 31.6%
  • 2019-02-26: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.75$48.41$51.67$48.88$51.34
Max Pain$48.82$47.50$50.00$47.50$50.00
ATM IV25.4%17.3%32.8%19.8%17.3%
Expected Move7.5%5.0%9.4%7.0%5.0%
HV 20d13.6%9.1%18.4%18.4%17.7%
HV 60d25.8%22.1%28.1%28.1%22.7%
IV Rank23.7%15.1%31.6%17.8%15.1%
IV Percentile67.1%7.5%95.6%35.7%7.5%
Term Structure-3.1%-8.3%0.3%-0.6%0.3%
VWIV26.1%18.1%34.3%23.9%18.1%
Skew 25d4.2%2.9%5.5%4.4%3.6%
Skew 10d9.5%4.9%15.4%7.1%11.9%
Call IV 25d24.4%15.6%31.6%23.0%16.3%
Put IV 25d28.6%19.8%36.2%27.4%19.8%
Bid-Ask Spread %17.169.9927.3524.9610.95
Gamma HHI0.360.160.790.360.29
Net GEX5.7M1.8M22.6M4.1M6.3M
Net DEX-50.1M-88.1M-28.6M-41.6M-88.1M
Net VEX-707.2K-792.3K-681.8K-715.5K-792.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.061.691.190.56
Total Volume4,329.31681125,0242,4055,261
Total OI81,050.52672,733102,31178,551102,311

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$48.88$47.5019.8%7.0%18.4%17.8%23.9%4.4%-0.6%4.1M-41.6M-715.5K1.1924.96N/AN/A1,0961,30944,72433,827
2019-02-04$48.88$47.5019.2%6.9%17.6%17.1%24.7%4.0%-0.9%4.3M-40.9M-701.6K0.3316.32N/AN/A78325944,82833,861
2019-02-05$49.19$47.5018.2%6.8%14.2%16.0%23.8%5.0%-0.2%5.1M-48.7M-693.6K0.0715.74N/AN/A2,96021045,08034,052
2019-02-06$48.75$47.5025.4%7.3%14.3%23.7%24.7%3.0%-2.1%4.1M-35.3M-687.9K0.1223.60N/AN/A1,55417945,34134,082
2019-02-07$48.41$47.5026.4%7.6%14.6%24.8%25.7%2.9%-2.6%3.2M-28.6M-697.8K0.4711.05N/AN/A73534746,32034,160
2019-02-08$48.76$47.5025.3%7.2%14.4%23.6%25.4%3.6%-1.2%4.0M-35.4M-689.4K1.0227.35N/AN/A48649746,09834,201
2019-02-11$49.09$47.5025.5%7.3%14.2%23.9%27.1%4.2%-1.7%5.1M-43.0M-681.8K0.1411.85N/AN/A74510746,20334,483
2019-02-12$49.75$47.5025.8%7.4%13.6%24.1%26.0%4.3%-2.5%8.2M-59.5M-688.7K0.0619.01N/AN/A3,65523446,13934,550
2019-02-13$49.86$47.5026.2%7.5%13.0%24.6%26.3%3.5%-2.9%11.0M-58.8M-682.1K1.6919.95N/AN/A1,3272,23744,57634,677
2019-02-14$49.70$50.0027.3%7.8%13.2%25.8%27.1%4.1%-3.4%13.5M-48.7M-700.6K1.5718.76N/AN/A9771,53344,75736,638
2019-02-15$50.18$50.0026.8%7.7%13.2%25.2%24.9%4.6%-3.7%22.6M-75.0M-698.5K0.5422.77N/AN/A3,9162,11044,88037,686
2019-02-19$50.52$50.0027.0%7.7%10.6%25.4%24.1%4.0%-3.9%1.8M-47.7M-702.2K0.0723.95N/AN/A5,47035738,42834,305
2019-02-20$50.55$50.0028.1%8.1%9.1%26.6%27.5%4.3%-5.0%2.5M-50.6M-710.1K0.4611.63N/AN/A55525643,51434,390
2019-02-21$50.07$50.0029.8%8.5%9.9%28.4%30.4%5.5%-5.4%2.2M-42.6M-711.9K0.7615.74N/AN/A72054543,67134,467
2019-02-22$50.34$50.0030.5%8.7%9.8%29.1%29.6%5.0%-5.9%2.3M-47.7M-718.6K0.429.99N/AN/A1,14248543,89334,694
2019-02-25$49.51$50.0032.6%9.3%11.7%31.4%33.0%5.1%-7.6%1.9M-37.0M-715.4K0.5111.87N/AN/A2,8591,44944,31534,818
2019-02-26$49.78$50.0032.8%9.4%11.8%31.6%34.3%3.9%-8.3%2.3M-44.0M-739.6K1.3220.46N/AN/A4,6836,19546,37935,508
2019-02-27$51.67$50.0018.5%5.3%17.4%16.4%19.7%5.3%-1.3%4.2M-78.1M-710.3K0.4110.04N/AN/A17,7957,22948,37639,728
2019-02-28$51.34$50.0017.3%5.0%17.7%15.1%18.1%3.6%0.3%6.3M-88.1M-792.3K0.5610.95N/AN/A3,3831,87857,81344,498