TJX Options History — March 2019

In March 2019, TJX traded between $50.62 and $53.15. ATM implied volatility averaged 18.0%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 2.3% (HV 20d: 20.3%). Max pain ranged from $45.00 to $52.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2019-03-11: Highest Volume — 11,387 contracts
  • 2019-03-07: Largest IV spike — 9.3% change
  • 2019-03-08: Highest IV Rank — 18.3%
  • 2019-03-15: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.23$50.62$53.15$52.18$53.15
Max Pain$49.88$45.00$52.50$50.00$52.50
ATM IV18.0%16.7%20.3%17.7%17.5%
Expected Move5.5%5.0%6.0%5.1%5.4%
HV 20d20.3%16.0%22.3%18.4%16.0%
HV 60d20.4%17.5%22.7%22.7%17.5%
IV Rank15.8%14.4%18.3%15.6%15.3%
IV Percentile18.3%3.6%45.6%13.1%12.7%
Term Structure1.7%-0.3%4.1%-0.3%1.3%
VWIV19.4%17.5%21.5%18.1%18.8%
Skew 25d3.0%2.1%6.3%6.3%3.1%
Skew 10d8.1%6.1%11.1%7.9%8.4%
Call IV 25d16.6%13.4%18.8%13.4%15.8%
Put IV 25d19.6%18.5%22.0%19.7%19.0%
Bid-Ask Spread %28.3610.2584.2713.0134.42
Gamma HHI0.380.270.610.320.36
Net GEX8.9M4.3M13.4M7.4M13.4M
Net DEX-111.5M-149.7M-60.7M-108.9M-148.9M
Net VEX-798.9K-847.7K-753.6K-780.6K-819.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.051.620.130.40
Total Volume3,534.61977411,3874,7082,471
Total OI108,808.8198,093118,412103,073116,520

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$52.18$50.0017.7%5.1%18.4%15.6%18.1%6.3%-0.3%7.4M-108.9M-780.6K0.1313.01N/AN/A4,15455457,76445,309
2019-03-04$51.49$50.0018.6%5.3%19.1%16.4%20.6%3.4%2.7%6.1M-88.2M-772.9K0.9310.25N/AN/A1,2711,18857,41645,376
2019-03-05$51.84$50.0019.1%5.5%19.2%17.0%19.6%2.7%2.1%6.6M-95.6M-771.1K0.8810.92N/AN/A70862557,40945,781
2019-03-06$51.95$50.0017.5%5.0%19.1%15.3%20.5%2.7%2.2%7.0M-101.5M-766.0K1.1715.14N/AN/A74287057,52345,975
2019-03-07$51.58$50.0019.1%5.5%19.0%17.0%20.9%2.6%2.6%6.3M-89.0M-771.5K0.2014.28N/AN/A3,31767757,54746,006
2019-03-08$50.62$50.0020.3%5.8%20.2%18.3%20.5%3.2%1.9%4.3M-60.7M-780.7K1.6211.13N/AN/A1,6662,69657,49746,170
2019-03-11$51.76$45.0018.8%5.9%21.4%16.7%20.9%3.1%2.7%7.7M-93.8M-753.6K0.8215.62N/AN/A6,2545,13358,49344,859
2019-03-12$52.01$45.0017.5%5.8%21.3%15.3%21.5%2.6%3.0%10.0M-109.9M-790.0K0.6416.69N/AN/A47330163,90749,830
2019-03-13$52.62$45.0017.2%5.9%21.2%15.0%20.2%3.0%3.2%12.8M-133.3M-776.1K0.1618.71N/AN/A2,67741763,89449,867
2019-03-14$52.12$45.0016.9%5.8%21.7%14.6%20.4%2.4%3.5%11.7M-113.6M-783.7K0.3318.87N/AN/A2,09969563,54349,965
2019-03-15$51.76$47.5017.0%6.0%21.9%14.8%19.6%2.8%4.1%5.5M-96.1M-782.8K0.2317.90N/AN/A1,77941263,23250,126
2019-03-18$52.42$0.0016.8%5.1%22.0%14.5%18.3%2.1%0.9%6.9M-102.3M-772.5K0.0569.77N/AN/A6,83233053,27844,815
2019-03-19$52.03$50.0016.7%5.1%22.2%14.4%17.8%2.7%1.1%8.0M-100.6M-794.8K0.5064.71N/AN/A3,2321,61259,02844,952
2019-03-20$52.47$52.5017.1%5.1%22.3%14.9%17.8%3.0%0.5%8.9M-112.5M-824.7K0.9884.27N/AN/A1,5071,48461,72046,309
2019-03-21$52.59$52.5017.1%5.2%21.9%14.9%19.6%3.4%1.0%9.0M-116.5M-828.2K1.5020.54N/AN/A1,0191,53362,01946,571
2019-03-22$52.38$52.5018.2%5.4%22.0%16.0%17.5%2.3%0.6%8.6M-112.6M-834.7K0.2222.81N/AN/A6,6341,46062,19846,608
2019-03-25$52.92$52.5019.1%5.5%21.0%17.0%18.9%3.6%-0.0%11.1M-136.7M-847.7K0.1717.98N/AN/A1,33622568,11146,674
2019-03-26$52.62$52.5018.1%5.5%21.3%16.0%19.2%2.5%1.1%11.0M-129.2M-842.6K0.5427.20N/AN/A63033868,26946,794
2019-03-27$53.11$52.5018.5%5.6%17.2%16.4%18.0%3.3%1.0%10.9M-142.0M-846.4K0.2335.68N/AN/A2,95566668,22546,993
2019-03-28$53.12$52.5018.4%5.4%16.9%16.3%18.1%2.4%0.5%13.3M-149.7M-836.3K0.3855.71N/AN/A91234371,29347,119
2019-03-29$53.15$52.5017.5%5.4%16.0%15.3%18.8%3.1%1.3%13.4M-148.9M-819.9K0.4034.42N/AN/A1,77170069,37247,148