TJX Options History — January 2020

In January 2020, TJX traded between $58.95 and $62.65. ATM implied volatility averaged 17.8%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 7.8% (HV 20d: 10.0%). Max pain ranged from $50.00 to $62.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2020-01-09: Highest Volume — 25,217 contracts
  • 2020-01-15: Largest IV drop — 15.2% change
  • 2020-01-31: Highest IV Rank — 27.7%
  • 2020-01-31: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.72$58.95$62.65$61.34$58.95
Max Pain$59.52$50.00$62.50$55.00$62.50
ATM IV17.8%15.7%20.2%16.5%20.2%
Expected Move5.1%4.5%5.8%4.7%5.8%
HV 20d10.0%7.8%14.8%8.8%14.8%
HV 60d14.0%13.0%15.7%15.7%14.0%
IV Rank14.4%2.3%27.7%6.9%27.7%
IV Percentile23.0%1.6%58.7%3.2%58.7%
Term Structure2.5%0.3%4.1%0.3%3.6%
VWIV17.4%15.7%20.3%17.6%20.3%
Skew 25d2.1%1.3%3.5%3.5%2.2%
Skew 10d4.9%-1.2%10.2%10.2%3.0%
Call IV 25d16.6%14.9%20.3%15.0%20.3%
Put IV 25d18.7%16.8%22.4%18.5%22.4%
Bid-Ask Spread %16.836.8924.7410.3817.96
Gamma HHI0.290.180.650.210.18
Net GEX5.7M-274.6K23.1M5.4M-274.6K
Net DEX-145.2M-232.4M-18.9M-177.8M-18.9M
Net VEX-671.1K-725.0K-630.7K-668.6K-725.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.051.580.130.68
Total Volume3,828.4761,12425,2172,2122,655
Total OI91,989.09558,724119,207104,50269,764

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$61.34$55.0016.5%4.7%8.8%6.9%17.6%3.5%0.3%5.4M-177.8M-668.6K0.1310.38N/AN/A1,95725550,67653,826
2020-01-03$61.27$55.0017.1%4.9%8.7%10.0%16.9%1.4%0.3%5.4M-179.1M-658.3K0.216.89N/AN/A1,99241551,04353,868
2020-01-06$61.44$50.0017.8%4.9%8.4%14.4%19.1%2.7%2.4%5.6M-186.8M-644.0K0.2922.60N/AN/A3,35498151,91153,900
2020-01-07$61.57$57.5017.5%4.9%8.4%12.3%17.6%2.6%2.6%5.4M-189.7M-657.1K0.7122.99N/AN/A1,5111,07052,71354,308
2020-01-08$62.09$57.5017.8%4.8%8.3%14.2%17.1%1.9%3.1%5.4M-204.4M-641.6K0.1724.74N/AN/A2,35239052,97255,143
2020-01-09$62.64$57.5018.2%5.2%8.6%16.4%17.1%2.2%1.6%5.6M-216.5M-630.7K0.0511.99N/AN/A23,9631,25453,22155,427
2020-01-10$62.33$60.0016.9%5.1%8.9%9.2%16.6%2.7%1.3%7.9M-220.2M-688.2K0.2323.80N/AN/A2,46057161,95356,061
2020-01-13$62.53$60.0019.1%5.2%8.5%21.6%17.3%1.9%1.4%8.0M-228.5M-675.1K0.0923.29N/AN/A1,56214662,42656,393
2020-01-14$62.59$60.0019.8%5.1%7.8%25.5%17.1%2.1%2.1%8.2M-230.0M-675.3K0.5418.31N/AN/A1,41776962,74156,425
2020-01-15$61.88$60.0016.8%4.8%9.0%8.4%15.8%1.8%2.6%7.4M-209.7M-650.1K0.3220.68N/AN/A2,32474762,77156,436
2020-01-16$62.65$60.0016.6%4.7%9.9%7.2%16.0%2.0%2.2%10.6M-232.0M-652.1K0.1820.55N/AN/A2,33142262,62256,544
2020-01-17$62.59$60.0015.7%4.5%9.8%2.3%15.7%1.9%2.7%23.1M-232.4M-652.4K0.4022.49N/AN/A2,49799062,38356,577
2020-01-21$62.25$60.0017.5%5.0%9.8%12.6%17.4%1.6%2.2%4.2M-82.1M-654.5K1.318.19N/AN/A8561,12034,32424,400
2020-01-22$62.49$60.0016.8%4.8%9.7%8.3%15.7%1.8%2.9%4.5M-85.8M-658.5K0.2512.76N/AN/A4,7131,18634,90925,378
2020-01-23$62.50$62.5017.2%4.9%9.5%10.9%16.3%2.1%3.2%4.2M-80.7M-665.9K0.4614.12N/AN/A1,35262635,36826,452
2020-01-24$61.16$62.5018.7%5.4%12.6%19.5%18.4%1.8%2.7%2.6M-60.5M-678.1K1.5811.25N/AN/A1,8662,94235,66326,831
2020-01-27$61.05$62.5019.8%5.7%12.2%26.0%19.2%1.3%3.4%2.0M-55.5M-711.0K0.3315.78N/AN/A1,18639336,68628,777
2020-01-28$61.33$62.5017.9%5.1%12.2%14.8%18.0%1.7%4.0%2.3M-60.0M-700.4K0.3711.32N/AN/A82230237,28128,986
2020-01-29$61.18$62.5018.3%5.3%11.9%17.4%17.0%1.9%3.8%2.1M-58.0M-692.1K1.0516.02N/AN/A92196837,61329,103
2020-01-30$60.24$62.5018.2%5.2%13.1%16.4%18.2%2.2%4.1%796.7K-39.5M-713.5K0.9517.30N/AN/A1,4121,34837,94829,948
2020-01-31$58.95$62.5020.2%5.8%14.8%27.7%20.3%2.2%3.6%-274.6K-18.9M-725.0K0.6817.96N/AN/A1,5841,07138,65931,105