TJX Options History — March 2021

In March 2021, TJX traded between $62.50 and $67.72. ATM implied volatility averaged 29.5%, placing in the 3.5% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 0.4% (HV 20d: 29.9%). Max pain ranged from $60.00 to $67.50. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.10.

Notable Days

  • 2021-03-03: Highest Volume — 16,024 contracts
  • 2021-03-16: Largest IV drop — 9.9% change
  • 2021-03-04: Highest IV Rank — 11.0%
  • 2021-03-04: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.81$62.50$67.72$67.59$66.41
Max Pain$61.26$60.00$67.50$67.50$61.50
ATM IV29.5%25.2%36.1%30.5%25.2%
Expected Move8.4%7.0%9.9%8.8%7.0%
HV 20d29.9%24.9%32.3%27.1%24.9%
HV 60d27.8%25.5%28.7%25.5%28.1%
IV Rank3.5%0.0%11.0%4.2%0.0%
IV Percentile8.7%0.0%36.1%8.7%0.0%
Term Structure-0.0%-1.7%1.1%-1.7%1.0%
VWIV30.0%25.1%35.4%30.7%25.1%
Skew 25d1.9%-7.7%11.0%3.9%0.1%
Skew 10d2.0%-24.6%25.4%8.8%5.3%
Call IV 25d30.4%25.9%49.7%29.9%27.1%
Put IV 25d32.3%27.1%42.0%33.7%27.1%
Bid-Ask Spread %51.1425.3465.8446.1450.79
Gamma HHI0.130.080.190.190.12
Net GEX2.1M-4.7M12.0M12.0M6.1M
Net DEX-111.2M-227.3M17.8M-227.3M-209.4M
Net VEX-1.2M-1.4M-1.1M-1.4M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.032.742.250.77
Total Volume7,044.7832,10316,0246,4569,732
Total OI178,641.348133,843202,027186,445171,718

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$67.59$67.5030.5%8.8%27.1%4.2%30.7%3.9%-1.7%12.0M-227.3M-1.4M2.2546.14N/AN/A1,9894,467119,49766,948
2021-03-02$66.22$67.5031.3%8.7%28.3%5.1%31.3%1.6%-0.5%6.8M-164.4M-1.4M0.3945.56N/AN/A1,510593120,31670,112
2021-03-03$64.17$67.5033.1%9.3%28.9%7.3%35.4%3.1%-1.0%200.7K-72.7M-1.3M0.7355.56N/AN/A9,2606,764120,50270,275
2021-03-04$62.50$60.0036.1%9.9%29.6%11.0%35.3%-7.7%0.1%-2.2M17.8M-1.3M1.7565.70N/AN/A2,7054,738116,79976,884
2021-03-05$63.06$60.0034.3%9.3%28.5%8.8%32.6%11.0%-0.6%-4.5M16.2M-1.3M0.8262.28N/AN/A3,5292,892116,88679,401
2021-03-08$65.56$60.0033.9%9.5%32.3%8.4%33.3%5.7%-0.6%2.4M-92.1M-1.3M0.2953.00N/AN/A3,6811,052114,51678,745
2021-03-09$66.15$60.0032.4%9.0%31.3%6.5%32.3%2.2%-0.7%5.0M-126.7M-1.3M0.7454.62N/AN/A4,2513,139115,65779,418
2021-03-10$65.65$60.0030.9%9.0%31.3%4.7%33.4%1.5%0.5%3.2M-102.5M-1.3M0.9957.98N/AN/A2,6232,588116,48582,202
2021-03-11$65.92$60.0030.8%8.9%31.3%4.5%32.2%-0.4%0.9%3.6M-103.1M-1.3M0.8154.79N/AN/A1,4631,182116,80684,240
2021-03-12$67.06$60.0029.9%8.5%31.9%3.4%30.7%1.7%0.3%8.8M-154.6M-1.3M0.3847.33N/AN/A2,7361,053117,32684,701
2021-03-15$67.72$60.0030.9%8.9%31.6%4.6%30.8%2.5%0.2%10.7M-177.2M-1.2M0.9457.83N/AN/A3,2623,081115,67677,105
2021-03-16$66.73$60.0027.8%8.0%32.0%0.8%28.8%1.3%1.1%3.6M-131.5M-1.2M0.3953.93N/AN/A3,3941,325116,67379,822
2021-03-17$67.16$60.0028.3%8.1%32.0%1.4%29.1%1.3%0.4%4.6M-144.0M-1.1M1.4963.06N/AN/A1,5612,328118,35680,261
2021-03-18$66.39$60.0029.8%8.6%31.0%3.2%30.7%0.9%-0.0%-399.5K-117.4M-1.1M1.5953.17N/AN/A3,8906,196118,68681,517
2021-03-19$67.01$60.0027.9%8.0%31.0%1.2%28.5%1.8%0.2%2.0M-135.2M-1.1M1.8765.84N/AN/A4,9059,158119,00481,609
2021-03-22$66.55$60.0026.4%7.4%29.3%0.0%27.1%1.8%0.3%1.2M-128.0M-1.1M0.7127.15N/AN/A2,8822,03367,74766,096
2021-03-23$64.42$60.0026.7%7.6%30.6%0.4%27.6%5.5%0.4%-2.9M-59.2M-1.1M2.5364.35N/AN/A3,0857,79768,69267,343
2021-03-24$64.51$60.0026.9%7.7%30.3%0.8%27.3%0.9%0.9%-4.7M-55.9M-1.1M2.7444.45N/AN/A1,2113,31669,89173,781
2021-03-25$65.12$61.0025.8%7.6%29.5%0.0%27.5%3.0%0.7%-3.8M-73.0M-1.1M2.2730.49N/AN/A1,2872,92070,56676,528
2021-03-26$65.67$61.0026.7%7.6%28.9%1.6%26.8%1.3%-1.4%-3.0M-93.8M-1.2M0.6348.67N/AN/A3,6902,34170,77778,401
2021-03-29$65.62$61.5027.1%7.3%28.1%2.4%26.9%4.2%-0.8%-956.6K-93.1M-1.1M0.2425.34N/AN/A3,97997370,72074,331
2021-03-30$66.44$61.5026.5%7.4%27.5%1.4%26.6%-3.5%-0.6%1.2M-130.4M-1.1M0.0348.26N/AN/A14,96550470,75874,977
2021-03-31$66.41$61.5025.2%7.0%24.9%0.0%25.1%0.1%1.0%6.1M-209.4M-1.4M0.7750.79N/AN/A5,4904,24296,39875,320