TJX Options History — May 2019

In May 2019, TJX traded between $49.75 and $54.41. ATM implied volatility averaged 22.8%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 4.4% (HV 20d: 18.3%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2019-05-29: Highest Volume — 46,479 contracts
  • 2019-05-13: Largest IV spike — 51.2% change
  • 2019-05-13: Highest IV Rank — 28.5%
  • 2019-05-13: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.62$49.75$54.41$54.05$50.28
Max Pain$52.95$50.00$55.00$52.50$50.00
ATM IV22.8%17.8%29.9%17.8%24.4%
Expected Move6.7%5.1%8.0%5.1%7.0%
HV 20d18.3%13.3%23.1%14.1%22.8%
HV 60d17.3%15.9%18.7%16.0%17.9%
IV Rank20.9%15.7%28.5%15.7%22.6%
IV Percentile61.3%24.6%88.1%24.6%69.0%
Term Structure-1.0%-3.4%4.3%4.2%-1.3%
VWIV23.5%18.5%27.4%18.9%24.4%
Skew 25d3.0%1.0%5.5%1.6%1.5%
Skew 10d6.2%-4.7%10.2%-4.7%3.2%
Call IV 25d22.5%15.1%27.7%18.3%24.2%
Put IV 25d25.4%19.2%29.6%19.9%25.7%
Bid-Ask Spread %48.2219.9482.0672.7533.16
Gamma HHI0.310.170.540.530.26
Net GEX4.4M-301.7K8.5M7.4M7.6M
Net DEX-55.1M-91.9M9.2M-84.5M-58.6M
Net VEX-787.2K-905.9K-712.1K-712.1K-905.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.051.210.480.30
Total Volume7,87689046,4793,5562,610
Total OI102,178.72780,254149,73180,254149,731

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$54.05$52.5017.8%5.1%14.1%15.7%18.9%1.6%4.2%7.4M-84.5M-712.1K0.4872.75N/AN/A2,4041,15247,96232,292
2019-05-02$54.41$52.5018.2%5.2%14.2%16.1%19.3%5.5%4.3%7.9M-91.9M-743.2K1.0074.72N/AN/A1,0771,07649,48033,113
2019-05-03$54.03$52.5017.9%5.1%13.3%15.7%18.5%2.7%3.9%7.7M-82.9M-741.9K0.5382.06N/AN/A1,60485349,89733,205
2019-05-06$54.27$55.0018.9%6.5%13.3%16.8%23.0%2.8%-1.4%8.4M-88.1M-729.4K0.4447.86N/AN/A61827250,21933,281
2019-05-07$53.16$55.0024.6%7.5%15.2%22.9%25.5%3.1%-2.4%5.3M-60.4M-736.9K0.0848.96N/AN/A10,86287650,73133,455
2019-05-08$54.15$55.0020.8%7.0%16.4%18.8%25.8%3.2%-1.8%7.3M-84.5M-750.9K1.2148.73N/AN/A69984552,18833,499
2019-05-09$53.93$55.0022.7%7.2%15.9%20.8%26.1%3.3%-2.4%7.0M-77.9M-755.4K0.5047.28N/AN/A2,3221,16252,55433,680
2019-05-10$54.25$55.0019.8%7.0%15.7%17.7%25.4%4.1%-2.2%8.5M-88.0M-759.1K0.8455.44N/AN/A14,12211,81354,54534,107
2019-05-13$52.51$55.0029.9%8.0%19.5%28.5%26.8%3.7%-3.1%2.9M-46.4M-722.2K0.7349.44N/AN/A2,5831,87554,54534,107
2019-05-14$52.60$52.5026.8%7.8%19.3%25.2%26.6%3.8%-3.0%2.2M-41.5M-831.1K0.7752.66N/AN/A2,5521,95766,44944,317
2019-05-15$52.33$52.5026.2%7.5%19.3%24.6%26.5%4.0%-2.6%1.1M-36.4M-842.8K1.2049.81N/AN/A59671867,22545,275
2019-05-16$52.73$52.5025.3%7.2%19.0%23.6%25.0%3.8%-2.7%885.1K-46.9M-828.8K0.3152.02N/AN/A1,77654567,20345,089
2019-05-17$53.03$52.5025.7%7.4%19.2%24.0%24.3%3.6%-2.4%2.8M-60.4M-836.7K0.2049.36N/AN/A2,34045768,21645,124
2019-05-20$52.97$52.5027.4%7.8%18.5%25.8%26.6%3.6%-3.4%3.1M-57.6M-818.0K0.4029.12N/AN/A7,9433,17156,20841,335
2019-05-21$53.19$52.5020.0%5.7%17.8%18.0%20.0%2.9%-0.2%4.1M-63.8M-815.9K0.6519.94N/AN/A7,6574,99661,96443,862
2019-05-22$51.61$52.5019.6%5.6%20.1%17.5%19.2%2.1%-0.9%1.3M-24.5M-785.6K0.2750.90N/AN/A3,48793863,77843,650
2019-05-23$52.16$52.5020.7%5.9%20.7%18.7%20.9%2.2%-0.3%2.7M-40.9M-811.1K0.4652.07N/AN/A1,91487964,78643,660
2019-05-24$51.59$52.5020.7%5.9%20.9%18.7%20.6%2.5%-0.9%1.4M-26.0M-793.8K0.6739.64N/AN/A1,39593465,02743,757
2019-05-28$50.25$52.5021.7%6.2%22.4%19.8%21.5%2.4%-0.2%-301.7K3.2M-737.8K1.0832.93N/AN/A1,2031,30565,31843,778
2019-05-29$49.75$52.5027.4%7.9%22.5%25.9%27.4%1.0%-2.6%50.9K9.2M-764.1K0.0737.86N/AN/A43,5652,91465,53644,270
2019-05-30$50.45$50.0024.7%7.1%23.1%23.0%25.0%1.5%-1.0%6.3M-63.8M-895.2K0.0534.20N/AN/A20,21499193,86545,649
2019-05-31$50.28$50.0024.4%7.0%22.8%22.6%24.4%1.5%-1.3%7.6M-58.6M-905.9K0.3033.16N/AN/A2,010600103,75145,980