TJX Options History — February 2022

In February 2022, TJX traded between $62.77 and $72.77. ATM implied volatility averaged 35.2%, placing in the 81.6% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 9.1% (HV 20d: 26.1%). Max pain ranged from $63.00 to $70.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.04.

Notable Days

2022-02-23: Highest Volume — 43,836 contracts
2022-02-23: Largest IV drop — 13.6% change
2022-02-14: Highest IV Rank — 100.0%
2022-02-22: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.13	$62.77	$72.77	$72.77	$65.85
Max Pain	$69.13	$63.00	$70.00	$70.00	$63.00
ATM IV	35.2%	31.6%	40.9%	32.6%	33.4%
Expected Move	10.0%	7.9%	12.3%	7.9%	10.2%
HV 20d	26.1%	21.7%	32.4%	25.9%	31.9%
HV 60d	26.1%	24.0%	27.6%	26.8%	26.8%
IV Rank	81.6%	56.9%	100.0%	71.2%	65.4%
IV Percentile	93.7%	86.1%	100.0%	88.1%	90.5%
Term Structure	-0.9%	-2.5%	0.4%	-0.7%	-0.6%
VWIV	34.8%	28.5%	41.8%	28.5%	39.3%
Skew 25d	5.5%	2.2%	8.6%	4.3%	6.7%
Skew 10d	13.3%	9.4%	18.1%	10.7%	13.4%
Call IV 25d	33.9%	31.4%	37.1%	31.4%	32.4%
Put IV 25d	39.4%	35.0%	45.4%	35.6%	39.1%
Bid-Ask Spread %	36.52	20.63	55.33	24.90	30.02
Gamma HHI	0.07	0.06	0.08	0.08	0.07
Net GEX	715.5K	-3.2M	5.6M	4.2M	4.3M
Net DEX	32.6M	-69.0M	137.3M	-69.0M	22.8M
Net VEX	-1.4M	-1.6M	-1.1M	-1.6M	-1.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.41	1.80	0.61	0.85
Total Volume	11,764.947	5,964	43,836	9,122	17,268
Total OI	137,709	125,152	166,084	125,152	150,046

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$72.77	$70.00	32.6%	7.9%	25.9%	71.2%	28.5%	4.3%	-0.7%	4.2M	-69.0M	-1.6M	0.61	24.90	N/A	N/A	5,678	3,444	69,242	55,910
2022-02-02	$72.01	$70.00	33.0%	8.0%	25.0%	73.3%	28.6%	5.9%	-1.1%	3.8M	-54.1M	-1.6M	0.89	28.71	N/A	N/A	4,447	3,979	70,809	56,693
2022-02-03	$69.81	$70.00	34.8%	9.6%	26.4%	83.3%	34.0%	4.4%	-1.5%	1.6M	7.9M	-1.5M	1.14	35.28	N/A	N/A	2,950	3,363	71,722	57,896
2022-02-04	$69.47	$70.00	34.2%	9.3%	26.3%	79.9%	32.7%	4.4%	-1.2%	592.2K	22.6M	-1.5M	1.80	44.28	N/A	N/A	2,577	4,649	71,931	58,111
2022-02-07	$69.27	$70.00	34.9%	9.4%	25.9%	83.5%	32.3%	2.2%	-0.9%	95.2K	22.5M	-1.4M	1.06	24.63	N/A	N/A	3,228	3,419	70,810	58,733
2022-02-08	$70.46	$70.00	33.0%	9.3%	25.3%	73.6%	31.7%	4.5%	-0.6%	738.9K	-4.3M	-1.5M	1.39	23.90	N/A	N/A	3,966	5,523	72,303	59,311
2022-02-09	$71.36	$70.00	32.1%	8.9%	24.1%	68.4%	32.6%	3.8%	-0.5%	2.0M	-28.2M	-1.5M	0.89	39.17	N/A	N/A	4,726	4,217	73,890	61,735
2022-02-10	$70.35	$70.00	33.9%	9.6%	24.3%	78.1%	33.0%	5.3%	0.4%	331.5K	1.8M	-1.5M	0.96	55.33	N/A	N/A	3,750	3,618	74,824	62,541
2022-02-11	$68.75	$70.00	36.7%	10.7%	25.3%	93.3%	35.4%	6.5%	-0.3%	-947.3K	48.2M	-1.5M	0.99	42.27	N/A	N/A	4,379	4,345	75,060	62,878
2022-02-14	$68.08	$70.00	38.3%	11.0%	24.6%	100.0%	36.7%	6.6%	-1.5%	-573.8K	53.5M	-1.4M	1.31	26.94	N/A	N/A	2,967	3,887	73,879	61,200
2022-02-15	$68.58	$70.00	36.8%	10.5%	21.7%	91.9%	35.2%	6.3%	-1.9%	-684.1K	40.3M	-1.4M	1.28	44.16	N/A	N/A	2,611	3,353	74,408	60,642
2022-02-16	$67.32	$70.00	36.2%	10.4%	22.6%	88.8%	35.9%	5.3%	-0.3%	-1.7M	74.2M	-1.3M	1.59	44.75	N/A	N/A	3,663	5,812	75,349	61,012
2022-02-17	$65.19	$70.00	38.0%	11.0%	24.8%	98.5%	37.7%	5.5%	-1.6%	-2.1M	120.1M	-1.3M	1.28	54.36	N/A	N/A	3,458	4,419	76,542	62,573
2022-02-18	$66.16	$70.00	39.6%	11.6%	25.5%	100.0%	40.5%	7.2%	-2.5%	-735.5K	97.1M	-1.3M	1.27	50.61	N/A	N/A	4,577	5,811	77,375	62,203
2022-02-22	$65.34	$70.00	40.9%	12.3%	25.3%	100.0%	41.8%	8.6%	-1.7%	-718.2K	75.6M	-1.3M	0.54	37.27	N/A	N/A	10,510	5,701	72,032	58,611
2022-02-23	$62.77	$70.00	35.3%	10.6%	28.5%	74.3%	38.3%	8.1%	-0.3%	-3.2M	137.3M	-1.1M	0.41	33.14	N/A	N/A	31,004	12,832	79,651	62,598
2022-02-24	$64.47	$67.50	34.3%	9.9%	30.5%	69.5%	35.1%	5.8%	-0.5%	1.1M	72.5M	-1.2M	0.54	33.46	N/A	N/A	15,418	8,340	91,625	66,242
2022-02-25	$66.49	$63.00	31.6%	9.0%	32.4%	56.9%	32.3%	3.5%	-0.7%	5.6M	-20.7M	-1.3M	0.85	20.63	N/A	N/A	5,209	4,436	98,184	67,900
2022-02-28	$65.85	$63.00	33.4%	10.2%	31.9%	65.4%	39.3%	6.7%	-0.6%	4.3M	22.8M	-1.3M	0.85	30.02	N/A	N/A	9,309	7,959	89,688	60,358