TJX Options History — May 2021

In May 2021, TJX traded between $66.56 and $73.85. ATM implied volatility averaged 28.2%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 0.6% (HV 20d: 27.6%). Max pain ranged from $69.00 to $70.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2021-05-19: Highest Volume — 49,359 contracts
  • 2021-05-19: Largest IV drop — 12.9% change
  • 2021-05-12: Highest IV Rank — 35.3%
  • 2021-05-05: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.97$66.56$73.85$71.92$67.69
Max Pain$69.90$69.00$70.00$69.00$70.00
ATM IV28.2%22.1%34.3%30.2%22.1%
Expected Move8.0%6.2%9.6%8.7%6.2%
HV 20d27.6%19.1%34.8%19.1%33.0%
HV 60d26.3%24.5%28.7%24.6%26.0%
IV Rank17.7%0.0%35.3%22.5%0.0%
IV Percentile16.7%0.0%45.2%18.3%0.0%
Term Structure-0.4%-2.3%1.7%-0.9%1.3%
VWIV28.9%22.0%34.2%32.4%25.1%
Skew 25d1.9%-3.7%5.1%-1.0%1.8%
Skew 10d4.8%-1.8%13.7%-1.7%0.7%
Call IV 25d28.5%21.6%36.1%30.2%21.6%
Put IV 25d30.3%23.4%38.4%29.2%23.4%
Bid-Ask Spread %52.5813.1370.6662.5713.62
Gamma HHI0.130.070.350.150.08
Net GEX7.4M-3.4M16.3M13.0M1.4M
Net DEX-165.5M-353.8M20.8M-270.6M-60.7M
Net VEX-1.3M-1.4M-1.1M-1.3M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.252.050.252.05
Total Volume9,321.951,83949,3592,4158,382
Total OI137,822.25115,602162,234129,263127,992

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$71.92$69.0030.2%8.7%19.1%22.5%32.4%-1.0%-0.9%13.0M-270.6M-1.3M0.2562.57N/AN/A1,93048576,46752,796
2021-05-04$70.63$69.0029.7%8.8%20.5%21.0%33.4%-3.7%-0.3%11.5M-222.2M-1.3M1.2467.16N/AN/A3,7934,69677,05353,016
2021-05-05$71.06$70.0030.3%9.6%20.5%22.8%34.2%-0.1%-0.7%12.1M-242.9M-1.4M0.5670.53N/AN/A1,18265779,84156,409
2021-05-06$71.58$70.0030.3%8.1%19.9%22.9%29.4%2.3%-0.8%13.3M-264.6M-1.4M0.5062.26N/AN/A1,23661280,41856,773
2021-05-07$73.85$70.0030.0%8.0%22.4%22.0%28.3%1.7%-1.6%13.1M-353.8M-1.3M0.4963.72N/AN/A3,0351,47580,78257,051
2021-05-10$73.28$70.0030.8%8.1%22.8%24.4%29.5%1.8%-2.2%13.1M-328.2M-1.3M0.8761.85N/AN/A2,0601,79480,20056,948
2021-05-11$71.83$70.0031.2%8.5%23.5%25.7%32.7%2.0%-1.1%14.2M-264.8M-1.3M1.4868.32N/AN/A3,6335,39280,12058,372
2021-05-12$69.76$70.0034.3%9.5%26.0%35.3%34.1%3.7%-2.3%10.0M-163.4M-1.4M1.3464.19N/AN/A2,0362,71981,46962,636
2021-05-13$71.27$70.0032.7%9.0%26.9%33.0%32.6%5.1%-2.0%16.3M-226.7M-1.4M1.4561.91N/AN/A1,9372,80082,28663,317
2021-05-14$72.51$70.0030.9%8.5%27.3%27.1%30.1%3.5%-1.3%9.4M-295.6M-1.3M0.5362.31N/AN/A2,5421,34882,74963,182
2021-05-17$72.16$70.0031.7%9.0%27.0%32.7%31.5%1.9%0.3%7.5M-234.5M-1.3M0.7159.53N/AN/A4,4683,19176,76762,091
2021-05-18$71.51$70.0031.4%8.9%25.8%31.3%32.2%2.5%1.7%7.5M-217.9M-1.3M0.9169.74N/AN/A16,08314,63379,34463,866
2021-05-19$67.06$70.0027.3%7.8%34.8%16.2%28.2%2.9%-0.5%-3.4M-3.5M-1.3M0.4270.66N/AN/A34,81414,54589,43172,803
2021-05-20$67.62$70.0025.2%7.3%34.8%8.3%26.3%1.5%-0.7%-2.6M300.6K-1.2M0.8266.23N/AN/A5,6244,61280,82675,400
2021-05-21$66.92$70.0024.1%6.9%34.1%4.5%24.7%2.2%0.5%11.6M20.8M-1.1M0.6538.97N/AN/A5,1753,37682,87175,198
2021-05-24$66.56$70.0023.3%6.7%33.8%1.3%22.9%2.4%0.5%-363.9K-24.2M-1.1M0.8335.97N/AN/A4,9214,09360,40055,202
2021-05-25$67.19$70.0023.4%6.8%33.7%1.8%24.8%2.6%1.6%392.9K-46.9M-1.2M0.5719.72N/AN/A4,0332,28363,00758,464
2021-05-26$67.56$70.0023.1%6.3%33.8%0.4%22.0%2.4%0.5%1.1M-59.7M-1.1M1.3119.14N/AN/A2,5813,39364,04059,805
2021-05-27$67.37$70.0022.7%6.3%33.0%0.0%23.0%1.9%0.1%-507.2K-50.7M-1.1M0.7413.13N/AN/A2,8052,06565,10261,951
2021-05-28$67.69$70.0022.1%6.2%33.0%0.0%25.1%1.8%1.3%1.4M-60.7M-1.1M2.0513.62N/AN/A2,7525,63065,19462,798