TJX Options History — October 2020

In October 2020, TJX traded between $50.48 and $58.47. ATM implied volatility averaged 40.7%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 8.8% (HV 20d: 31.9%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2020-10-09: Highest Volume — 66,130 contracts
  • 2020-10-19: Largest IV spike — 17.8% change
  • 2020-10-30: Highest IV Rank — 36.7%
  • 2020-10-30: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.00$50.48$58.47$56.69$50.48
Max Pain$54.77$52.50$55.00$52.50$55.00
ATM IV40.7%36.4%49.6%37.8%49.6%
Expected Move12.4%10.3%15.5%10.5%15.5%
HV 20d31.9%27.5%35.4%34.4%31.4%
HV 60d33.5%32.1%35.8%34.8%35.8%
IV Rank27.0%22.4%36.7%23.9%36.7%
IV Percentile64.8%48.4%85.7%56.3%85.7%
Term Structure1.1%-2.7%8.6%2.7%0.8%
VWIV43.0%35.8%52.3%35.8%52.3%
Skew 25d6.5%3.1%23.5%3.1%9.9%
Skew 10d14.0%4.1%23.0%18.8%13.4%
Call IV 25d38.3%26.8%47.0%36.7%44.5%
Put IV 25d44.8%39.2%54.4%39.8%54.4%
Bid-Ask Spread %43.3621.9958.1021.9951.85
Gamma HHI0.200.080.370.270.08
Net GEX11.0M-393.5K22.7M14.2M-215.3K
Net DEX-171.8M-308.2M58.1M-236.1M58.1M
Net VEX-1.4M-1.6M-1.3M-1.3M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.022.050.231.01
Total Volume13,217.6822,08866,13013,2965,697
Total OI196,857.955174,398227,348189,370215,256

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$56.69$52.5037.8%10.5%34.4%23.9%35.8%3.1%2.7%14.2M-236.1M-1.3M0.2321.99N/AN/A10,8462,450122,73466,636
2020-10-02$57.66$52.5037.3%10.3%33.8%23.4%36.3%3.2%3.3%16.5M-281.3M-1.4M0.3029.74N/AN/A4,0651,219124,57667,571
2020-10-05$57.48$55.0038.5%12.0%33.8%24.6%42.7%4.9%0.7%16.4M-262.6M-1.3M0.4952.77N/AN/A1,640805122,64365,832
2020-10-06$56.75$55.0039.0%12.1%34.2%25.2%42.5%5.4%1.2%15.0M-226.9M-1.3M0.6354.42N/AN/A2,6151,660122,99566,275
2020-10-07$58.47$55.0037.5%12.0%35.4%23.6%41.7%5.3%-0.4%20.3M-308.2M-1.3M0.2849.33N/AN/A3,564995122,88667,411
2020-10-08$58.28$55.0037.3%12.0%35.1%23.4%42.3%5.9%0.4%21.0M-294.9M-1.3M0.6351.93N/AN/A1,280808122,70967,903
2020-10-09$58.08$55.0039.3%12.6%35.1%25.5%44.2%7.1%-1.7%22.7M-279.1M-1.3M0.0257.14N/AN/A64,7161,414122,73068,150
2020-10-12$58.00$55.0038.0%12.1%34.2%24.2%42.4%5.0%4.5%20.5M-292.4M-1.5M2.0555.67N/AN/A1,8963,882135,39367,025
2020-10-13$57.50$55.0038.4%12.0%33.5%24.5%45.1%4.7%3.5%18.3M-258.3M-1.4M0.4852.76N/AN/A8,1413,947136,63568,960
2020-10-14$57.59$55.0037.6%12.0%33.2%23.6%41.0%4.0%3.9%19.7M-267.4M-1.5M1.3949.86N/AN/A6,8009,461140,28772,110
2020-10-15$57.41$55.0038.3%11.8%31.1%24.5%41.2%4.5%3.1%20.1M-245.7M-1.5M0.6053.97N/AN/A1,7121,019144,97781,275
2020-10-16$56.94$55.0036.4%11.2%31.2%22.4%37.8%23.5%8.6%6.9M-201.3M-1.5M0.7958.10N/AN/A13,26710,493145,60381,745
2020-10-19$55.24$55.0042.9%12.6%29.0%29.5%42.2%4.6%-1.9%4.1M-89.3M-1.5M1.5035.26N/AN/A6,4229,608108,83265,566
2020-10-20$55.16$55.0041.6%12.0%29.0%28.0%40.8%6.1%0.2%3.4M-89.6M-1.5M0.3734.80N/AN/A5,5212,031109,88466,703
2020-10-21$54.95$55.0042.5%12.2%28.4%29.0%41.4%4.5%-2.7%3.4M-82.0M-1.5M0.1330.06N/AN/A12,5061,660114,09968,237
2020-10-22$56.01$55.0041.6%12.0%28.9%28.0%42.0%7.7%-2.1%6.1M-140.4M-1.5M0.4531.98N/AN/A3,2341,441120,96469,042
2020-10-23$56.90$55.0041.5%12.1%29.2%27.9%41.8%5.2%-1.8%6.8M-181.5M-1.6M0.6130.23N/AN/A3,3142,030122,68369,816
2020-10-26$54.70$55.0044.6%13.5%28.9%31.3%46.2%3.8%1.1%3.6M-88.1M-1.5M0.5036.81N/AN/A3,8351,917122,35669,589
2020-10-27$54.34$55.0041.8%13.1%27.5%28.2%45.6%4.2%-1.0%2.5M-63.3M-1.5M0.7830.94N/AN/A15,04211,659124,55770,944
2020-10-28$51.45$55.0047.5%15.2%32.0%34.5%51.5%7.3%1.8%-393.5K44.9M-1.3M0.9942.88N/AN/A19,65519,526118,48073,725
2020-10-29$51.97$55.0045.6%14.2%31.3%32.3%50.1%13.8%-0.1%267.4K4.6M-1.4M0.1141.47N/AN/A6,292704135,19679,885
2020-10-30$50.48$55.0049.6%15.5%31.4%36.7%52.3%9.9%0.8%-215.3K58.1M-1.3M1.0151.85N/AN/A2,8332,864134,93780,319