TJX Options History — January 2021

In January 2021, TJX traded between $63.49 and $70.33. ATM implied volatility averaged 32.2%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 7.4% (HV 20d: 24.7%). Max pain ranged from $67.50 to $67.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-01-25: Highest Volume — 62,230 contracts
  • 2021-01-25: Largest IV spike — 13.3% change
  • 2021-01-27: Highest IV Rank — 27.6%
  • 2021-01-27: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.37$63.49$70.33$66.84$64.10
Max Pain$67.50$67.50$67.50$67.50$67.50
ATM IV32.2%27.2%42.6%33.5%40.4%
Expected Move8.9%7.9%11.4%9.4%10.6%
HV 20d24.7%18.4%30.5%19.3%30.5%
HV 60d40.5%38.8%41.5%40.1%39.4%
IV Rank17.2%11.7%27.6%19.2%25.1%
IV Percentile26.3%9.9%70.6%32.1%57.5%
Term Structure0.2%-18.5%6.4%0.4%-18.5%
VWIV31.5%27.3%41.0%32.2%39.4%
Skew 25d3.0%-2.5%11.4%3.1%11.4%
Skew 10d2.1%-10.2%22.7%-5.5%22.7%
Call IV 25d32.9%26.8%48.9%33.7%44.7%
Put IV 25d35.9%28.8%56.1%36.8%56.1%
Bid-Ask Spread %48.0837.5265.2644.3762.98
Gamma HHI0.200.100.350.200.13
Net GEX18.0M4.2M31.5M21.7M7.7M
Net DEX-411.4M-741.7M-139.6M-504.0M-151.9M
Net VEX-1.3M-1.6M-1.1M-1.2M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.041.710.100.57
Total Volume15,206.9474,01162,23021,6806,907
Total OI195,271.316127,318236,693218,495195,720

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$66.84$67.5033.5%9.4%19.3%19.2%32.2%3.1%0.4%21.7M-504.0M-1.2M0.1044.37N/AN/A19,7381,942147,26971,226
2021-01-05$66.70$67.5031.1%8.9%18.4%16.7%31.6%3.0%0.4%21.9M-505.3M-1.3M0.4746.23N/AN/A9,8204,601152,70472,145
2021-01-06$69.66$67.5030.5%8.7%23.4%16.0%30.6%3.6%-0.0%29.0M-686.0M-1.3M0.1765.26N/AN/A10,6721,847156,95675,827
2021-01-07$69.99$67.5028.6%8.2%23.2%14.0%28.5%2.4%0.3%31.5M-713.0M-1.2M0.1361.05N/AN/A8,1111,040158,54677,143
2021-01-08$70.33$67.5028.2%8.2%22.6%13.5%28.5%2.0%0.8%29.6M-741.7M-1.2M0.4853.78N/AN/A4,7562,288159,07177,622
2021-01-11$68.24$67.5030.8%8.8%25.4%16.3%30.4%2.8%-0.1%28.6M-584.5M-1.2M0.9040.98N/AN/A3,2852,945157,39372,319
2021-01-12$68.56$67.5028.1%8.5%25.1%13.4%29.1%3.0%4.3%30.3M-599.9M-1.2M0.2050.52N/AN/A3,963783158,42874,075
2021-01-13$68.26$67.5030.3%8.4%24.9%15.8%29.3%1.0%-0.6%30.3M-575.6M-1.1M0.0440.39N/AN/A14,490598158,45974,023
2021-01-14$68.17$67.5027.2%8.5%24.3%12.4%29.8%1.2%6.3%27.4M-568.0M-1.1M0.2255.29N/AN/A5,1921,141161,11674,232
2021-01-15$68.33$67.5029.6%8.3%24.3%15.1%29.9%1.7%-1.3%16.0M-571.7M-1.1M0.8561.04N/AN/A3,5233,006161,14874,891
2021-01-19$67.28$67.5028.3%8.1%24.5%13.6%30.0%7.6%4.9%9.5M-229.2M-1.1M1.3037.52N/AN/A2,4723,20685,61941,699
2021-01-20$68.47$67.5027.5%7.9%25.3%11.7%27.4%1.9%4.0%12.0M-265.1M-1.1M1.7141.48N/AN/A3,5546,06286,16044,334
2021-01-21$68.33$67.5028.6%7.9%24.8%12.9%27.3%2.5%6.4%11.5M-245.3M-1.2M0.2344.28N/AN/A5,8301,35387,91649,904
2021-01-22$67.16$67.5030.4%8.2%25.6%14.5%28.2%3.1%4.8%8.6M-206.7M-1.2M0.3639.04N/AN/A2,9441,06792,16350,892
2021-01-25$65.67$67.5034.5%9.1%26.5%18.5%32.4%4.7%-1.1%5.8M-165.2M-1.2M0.9740.24N/AN/A31,65230,57891,16550,126
2021-01-26$64.78$67.5038.9%9.9%26.7%23.4%35.8%1.0%-3.0%4.2M-139.6M-1.3M0.0538.36N/AN/A39,0071,89595,76156,350
2021-01-27$63.49$67.5042.6%11.4%26.0%27.6%41.0%4.1%-2.5%5.4M-142.1M-1.5M0.2841.93N/AN/A20,7175,874121,62657,613
2021-01-28$65.74$67.5042.4%10.3%29.4%27.4%36.2%-2.5%-1.3%11.1M-222.2M-1.6M0.1748.70N/AN/A18,8193,254127,84260,672
2021-01-29$64.10$67.5040.4%10.6%30.5%25.1%39.4%11.4%-18.5%7.7M-151.9M-1.6M0.5762.98N/AN/A4,4002,507132,93262,788