TJX Options History — August 2020

In August 2020, TJX traded between $51.67 and $59.36. ATM implied volatility averaged 35.7%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 2.8% (HV 20d: 32.9%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2020-08-19: Highest Volume — 70,681 contracts
  • 2020-08-19: Largest IV drop — 18.6% change
  • 2020-08-04: Highest IV Rank — 27.5%
  • 2020-08-04: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.92$51.67$59.36$51.86$55.05
Max Pain$52.86$50.00$55.00$50.00$55.00
ATM IV35.7%30.4%41.1%38.4%34.5%
Expected Move10.3%8.7%12.6%11.5%10.1%
HV 20d32.9%23.7%40.1%31.8%40.1%
HV 60d37.1%33.3%41.1%40.9%35.3%
IV Rank21.7%15.9%27.5%24.5%20.3%
IV Percentile56.7%51.6%68.7%59.9%53.6%
Term Structure-0.1%-5.6%5.2%5.2%1.8%
VWIV36.6%30.8%45.7%40.8%35.3%
Skew 25d3.8%-9.6%22.8%-6.4%5.4%
Skew 10d9.9%-25.7%50.9%15.1%2.8%
Call IV 25d37.7%29.3%71.2%71.2%37.4%
Put IV 25d41.5%32.9%64.8%64.8%42.8%
Bid-Ask Spread %42.3916.5362.8350.6741.25
Gamma HHI0.130.090.440.100.13
Net GEX3.5M-26.5M11.4M2.7M7.6M
Net DEX-100.8M-269.3M141.3M-50.6M-143.9M
Net VEX-1.2M-1.3M-1.0M-1.0M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.203.480.570.20
Total Volume19,475.5242,11770,6812,11728,389
Total OI172,675.81128,304255,343128,304187,974

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$51.86$50.0038.4%11.5%31.8%24.5%40.8%-6.4%5.2%2.7M-50.6M-1.0M0.5750.67N/AN/A1,34677171,07257,232
2020-08-04$53.00$50.0041.1%12.6%30.3%27.5%44.0%-2.3%-3.5%4.0M-72.4M-1.0M0.2546.89N/AN/A3,84194271,76357,650
2020-08-05$53.52$50.0038.2%12.5%30.3%24.3%45.7%14.7%-1.7%5.1M-89.8M-1.1M1.3146.77N/AN/A3,6154,75174,51258,252
2020-08-06$53.33$50.0041.1%10.7%29.8%27.5%37.5%0.7%-5.6%4.7M-82.3M-1.1M1.4651.16N/AN/A1,2721,85376,22361,820
2020-08-07$55.59$50.0039.1%10.7%32.3%25.3%38.2%2.0%-3.7%6.1M-141.1M-1.1M0.4148.43N/AN/A6,8272,79276,57162,684
2020-08-10$56.45$50.0036.8%10.9%32.2%22.9%38.8%-3.2%-0.2%6.9M-162.7M-1.1M0.4649.30N/AN/A7,4403,44477,82163,113
2020-08-11$57.68$50.0037.6%10.7%31.2%23.7%39.6%22.8%-0.3%7.7M-198.0M-1.1M0.8048.62N/AN/A8,3506,68580,18365,455
2020-08-12$57.85$50.0035.1%10.5%24.4%20.9%37.9%10.6%2.7%8.0M-199.5M-1.1M0.2350.51N/AN/A7,1491,61480,11370,838
2020-08-13$57.27$50.0036.5%10.7%24.7%22.5%37.1%7.6%2.0%8.0M-179.5M-1.1M0.8458.07N/AN/A21,68518,20083,66671,585
2020-08-14$57.84$55.0038.8%11.2%24.6%24.9%41.2%-9.6%-0.3%9.3M-211.9M-1.3M0.5562.21N/AN/A8,1164,487103,17886,520
2020-08-17$59.36$55.0037.1%10.5%23.7%23.2%37.6%5.7%0.2%11.4M-269.3M-1.2M0.2258.22N/AN/A10,4362,297104,85687,059
2020-08-18$57.60$55.0037.3%10.8%26.2%23.4%37.5%6.3%-3.0%9.9M-193.1M-1.2M0.5353.45N/AN/A14,4477,620107,15288,385
2020-08-19$54.56$55.0030.4%8.7%33.3%15.9%30.8%3.8%1.6%2.9M-37.3M-1.1M0.5662.83N/AN/A45,29125,390114,17890,734
2020-08-20$51.67$55.0033.4%9.6%38.7%19.1%34.2%2.3%-0.3%-3.3M77.4M-1.2M1.1024.89N/AN/A25,51728,130129,356102,341
2020-08-21$51.73$55.0030.9%8.8%38.6%16.5%31.1%2.3%0.9%-26.5M141.3M-1.2M3.4828.34N/AN/A9,72433,869131,662123,681
2020-08-24$53.33$55.0031.2%8.7%39.9%16.8%33.4%8.0%0.3%-306.3K-28.6M-1.2M0.5420.69N/AN/A7,2733,91296,09578,581
2020-08-25$53.30$55.0032.7%8.8%39.9%18.4%31.3%1.0%0.7%-109.7K-32.0M-1.2M0.2416.53N/AN/A3,57785298,74280,828
2020-08-26$53.36$55.0033.1%9.0%39.8%18.8%31.4%5.3%-1.2%390.6K-38.4M-1.2M0.2119.39N/AN/A10,0592,124101,52481,085
2020-08-27$53.77$55.0033.9%9.3%39.3%19.7%32.1%1.3%0.1%1.1M-67.3M-1.3M0.3323.17N/AN/A7,4382,464104,39581,766
2020-08-28$55.10$55.0033.4%9.4%40.0%19.2%33.4%1.2%1.1%6.9M-138.2M-1.3M0.2828.71N/AN/A19,5625,435103,28382,264
2020-08-31$55.05$55.0034.5%10.1%40.1%20.3%35.3%5.4%1.8%7.6M-143.9M-1.3M0.2041.25N/AN/A23,7554,634109,05078,924