TJX Options History — February 2021

In February 2021, TJX traded between $64.06 and $70.69. ATM implied volatility averaged 35.5%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 6.4% (HV 20d: 29.1%). Max pain ranged from $65.00 to $67.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-02-22: Highest Volume — 36,864 contracts
  • 2021-02-02: Largest IV drop — 16.9% change
  • 2021-02-01: Highest IV Rank — 27.2%
  • 2021-02-22: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.05$64.06$70.69$64.06$66.39
Max Pain$65.92$65.00$67.50$67.50$67.50
ATM IV35.5%31.6%42.3%42.3%32.1%
Expected Move10.0%8.2%11.2%9.9%9.5%
HV 20d29.1%27.7%31.8%30.4%28.2%
HV 60d28.8%25.0%38.4%38.2%26.0%
IV Rank15.8%6.1%27.2%27.2%6.1%
IV Percentile34.8%13.1%68.7%68.7%16.7%
Term Structure-0.8%-2.7%1.3%-2.5%-0.6%
VWIV34.8%29.2%39.1%33.9%35.4%
Skew 25d2.0%-3.3%6.8%6.8%1.4%
Skew 10d4.1%-3.2%8.8%4.2%7.0%
Call IV 25d36.6%33.4%40.6%40.6%34.9%
Put IV 25d38.7%33.7%47.4%47.4%36.2%
Bid-Ask Spread %39.8322.0355.0343.8849.46
Gamma HHI0.190.140.300.140.14
Net GEX16.3M6.6M22.7M7.2M6.6M
Net DEX-295.8M-459.5M-149.8M-149.8M-159.8M
Net VEX-1.5M-1.7M-1.4M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.041.700.311.24
Total Volume13,061.2115,09736,86410,52110,376
Total OI196,037.474170,784210,944186,864200,971

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$64.06$67.5042.3%9.9%30.4%27.2%33.9%6.8%-2.5%7.2M-149.8M-1.5M0.3143.88N/AN/A8,0552,466127,36859,496
2021-02-02$65.83$67.5035.1%8.6%31.4%19.3%30.3%2.6%-1.9%11.6M-215.1M-1.5M0.1645.41N/AN/A6,3131,037130,81161,418
2021-02-03$66.79$67.5034.1%8.2%31.8%18.1%29.2%6.4%-0.1%14.4M-260.0M-1.5M0.5926.48N/AN/A3,8042,255131,05361,523
2021-02-04$68.28$65.0034.5%10.0%28.7%18.6%34.4%0.5%-0.6%19.3M-335.9M-1.5M0.0822.03N/AN/A13,6591,150131,19962,881
2021-02-05$68.27$65.0035.2%9.9%28.6%19.4%34.3%-3.3%-2.7%19.7M-324.4M-1.5M0.8134.81N/AN/A3,1572,550129,17463,075
2021-02-08$69.76$65.0035.2%9.9%29.7%19.4%34.7%0.5%0.3%22.7M-386.4M-1.5M0.1148.69N/AN/A6,057642126,66161,106
2021-02-09$69.24$65.0035.5%10.0%27.7%19.5%34.9%0.3%-1.4%22.0M-365.9M-1.5M1.7035.11N/AN/A1,8863,211130,08361,160
2021-02-10$68.51$65.0035.3%10.2%28.0%18.9%35.4%2.8%1.2%20.1M-321.9M-1.5M1.2231.50N/AN/A4,3935,372128,60263,573
2021-02-11$68.95$65.0035.7%10.1%28.0%14.7%35.1%1.9%-0.3%20.7M-334.8M-1.5M0.4626.31N/AN/A3,8981,796130,01768,375
2021-02-12$67.81$65.0035.6%10.0%28.7%14.5%33.9%4.0%-1.8%16.3M-264.9M-1.5M0.0452.90N/AN/A21,788934131,77469,496
2021-02-16$67.60$65.0036.0%10.3%28.7%15.0%35.2%2.5%-1.6%19.2M-269.5M-1.4M0.1331.45N/AN/A11,4531,485133,62867,553
2021-02-17$67.09$65.0036.6%10.5%28.2%15.7%37.1%2.1%-1.9%15.5M-226.1M-1.4M1.1553.75N/AN/A3,6264,172135,29368,546
2021-02-18$68.69$65.0037.1%10.8%28.8%16.2%36.6%2.3%-2.5%18.6M-318.9M-1.5M0.3349.41N/AN/A5,5071,834138,11071,881
2021-02-19$67.95$65.0035.4%10.4%29.1%13.4%37.1%2.2%1.3%9.5M-285.6M-1.5M0.7253.85N/AN/A4,8103,448138,62672,318
2021-02-22$69.80$65.0038.0%11.2%29.9%14.7%39.1%1.6%-0.3%13.8M-333.8M-1.5M0.1929.07N/AN/A31,0585,806110,47360,311
2021-02-23$70.69$67.5036.6%10.9%28.6%13.0%37.0%2.7%0.2%20.3M-459.5M-1.7M0.3231.71N/AN/A18,3595,835134,39863,959
2021-02-24$69.49$67.5031.6%9.3%28.9%6.9%33.1%-1.5%-0.6%20.3M-368.2M-1.6M0.2755.03N/AN/A27,7287,430131,87169,022
2021-02-25$67.78$67.5033.4%9.6%29.5%9.1%33.7%3.3%0.0%11.3M-240.1M-1.5M0.5635.98N/AN/A6,9313,882125,87773,030
2021-02-26$66.39$67.5032.1%9.5%28.2%6.1%35.4%1.4%-0.6%6.6M-159.8M-1.5M1.2449.46N/AN/A4,6415,735126,49474,477