TJX Options History — March 2022

In March 2022, TJX traded between $58.49 and $66.36. ATM implied volatility averaged 33.2%, placing in the 58.4% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 9.2% (HV 20d: 42.4%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.29.

Notable Days

2022-03-01: Highest Volume — 17,021 contracts
2022-03-07: Largest IV spike — 12.3% change
2022-03-07: Highest IV Rank — 100.0%
2022-03-07: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.89	$58.49	$66.36	$63.79	$61.00
Max Pain	$63.36	$60.00	$65.00	$63.00	$62.50
ATM IV	33.2%	26.4%	43.8%	35.1%	27.5%
Expected Move	10.6%	8.5%	15.0%	11.6%	9.5%
HV 20d	42.4%	32.6%	46.0%	32.6%	41.8%
HV 60d	31.7%	26.9%	34.5%	26.9%	34.4%
IV Rank	58.4%	29.1%	100.0%	73.1%	33.4%
IV Percentile	81.1%	51.2%	100.0%	94.8%	63.9%
Term Structure	-0.2%	-2.6%	0.8%	0.0%	0.7%
VWIV	37.2%	30.6%	51.0%	39.8%	32.2%
Skew 25d	6.4%	3.9%	10.3%	7.5%	4.6%
Skew 10d	13.5%	7.9%	19.5%	19.5%	7.9%
Call IV 25d	31.1%	24.4%	40.4%	34.5%	25.9%
Put IV 25d	37.4%	28.6%	50.6%	42.1%	30.4%
Bid-Ask Spread %	32.68	19.87	46.53	20.27	19.87
Gamma HHI	0.09	0.06	0.14	0.06	0.10
Net GEX	-1.6M	-5.5M	3.2M	1.5M	-2.9M
Net DEX	107.0M	18.4M	182.1M	81.0M	127.3M
Net VEX	-1.1M	-1.3M	-1.0M	-1.3M	-1.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.29	0.42	3.50	0.78	1.57
Total Volume	9,296.435	5,044	17,021	17,021	5,044
Total OI	150,618.043	136,403	162,766	159,697	154,503

Daily Data (23 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
2022-03-01	$63.79	$63.00	35.1%	11.6%	32.6%	73.1%	39.8%	7.5%	0.0%	1.5M	81.0M	-1.3M	0.78	20.27	N/A	N/A	9,545	7,476	94,737	64,960
2022-03-02	$66.36	$65.00	34.5%	10.3%	35.9%	70.4%	37.1%	6.3%	-0.0%	3.2M	18.4M	-1.3M	1.19	21.53	N/A	N/A	3,857	4,576	91,489	69,627
2022-03-03	$65.50	$65.00	35.7%	10.9%	35.9%	76.1%	39.0%	6.5%	-0.5%	2.2M	44.6M	-1.3M	0.91	25.38	N/A	N/A	3,101	2,833	92,111	69,813
2022-03-04	$62.37	$65.00	39.0%	12.3%	38.2%	91.4%	42.8%	8.5%	-1.0%	-4.1M	150.7M	-1.2M	1.74	36.44	N/A	N/A	2,947	5,118	92,692	70,074
2022-03-07	$58.49	$65.00	43.8%	15.0%	43.5%	100.0%	51.0%	10.3%	0.1%	-2.9M	182.1M	-1.0M	0.86	45.71	N/A	N/A	8,460	7,256	81,355	64,394
2022-03-08	$59.86	$65.00	41.3%	13.9%	44.9%	89.8%	46.2%	6.9%	0.6%	-2.5M	159.3M	-1.1M	0.75	45.40	N/A	N/A	4,828	3,618	84,958	66,016
2022-03-09	$61.67	$65.00	38.9%	12.4%	46.0%	79.9%	42.6%	5.7%	-1.4%	-2.6M	125.1M	-1.2M	0.42	46.53	N/A	N/A	6,013	2,525	85,342	66,255
2022-03-10	$61.86	$63.00	38.9%	12.2%	45.6%	80.0%	42.3%	7.3%	-1.2%	-2.2M	120.4M	-1.2M	0.59	41.75	N/A	N/A	4,331	2,560	88,908	66,587
2022-03-11	$61.39	$63.00	38.7%	12.5%	45.5%	79.1%	41.6%	7.1%	-2.6%	888.7K	128.3M	-1.1M	1.79	32.52	N/A	N/A	4,130	7,378	89,346	66,411
2022-03-14	$61.25	$65.00	40.9%	10.9%	45.1%	88.3%	40.4%	8.1%	-1.8%	-1.6M	112.6M	-1.2M	0.74	33.25	N/A	N/A	2,967	2,189	86,606	62,290
2022-03-15	$61.85	$65.00	37.5%	10.4%	45.4%	74.1%	35.5%	8.0%	-0.8%	-1.4M	98.2M	-1.2M	0.87	36.86	N/A	N/A	2,772	2,399	87,199	62,486
2022-03-16	$62.28	$65.00	33.2%	9.9%	45.4%	56.7%	35.0%	6.3%	0.3%	-2.0M	94.5M	-1.1M	2.15	39.93	N/A	N/A	3,598	7,737	87,253	61,690
2022-03-17	$62.61	$0.00	31.1%	9.7%	45.3%	48.1%	33.7%	6.2%	-0.2%	-2.8M	91.9M	-1.1M	0.80	35.83	N/A	N/A	4,285	3,428	87,848	64,511
2022-03-18	$62.57	$65.00	28.6%	9.3%	44.0%	38.2%	34.1%	6.0%	-0.6%	-3.1M	93.2M	-1.1M	0.53	34.23	N/A	N/A	10,047	5,313	88,581	64,601
2022-03-21	$60.73	$65.00	29.2%	9.6%	44.6%	40.6%	33.7%	7.7%	0.3%	-2.6M	116.7M	-1.0M	1.73	36.11	N/A	N/A	3,027	5,231	76,744	59,659
2022-03-22	$61.22	$65.00	27.4%	9.4%	44.7%	33.3%	36.5%	4.6%	0.2%	-2.7M	108.9M	-1.0M	2.81	30.75	N/A	N/A	2,938	8,258	77,259	60,450
2022-03-23	$59.74	$62.50	28.2%	9.3%	43.3%	36.4%	32.2%	5.9%	0.4%	-5.5M	156.3M	-1.1M	0.68	29.82	N/A	N/A	4,312	2,928	79,313	67,121
2022-03-24	$60.03	$60.00	26.9%	9.1%	42.0%	31.1%	31.3%	5.0%	0.6%	-5.0M	138.3M	-1.1M	0.71	20.30	N/A	N/A	3,985	2,821	81,449	66,210
2022-03-25	$61.09	$60.00	26.7%	9.2%	40.8%	30.4%	32.3%	5.1%	0.4%	-3.0M	113.9M	-1.1M	0.58	29.95	N/A	N/A	6,733	3,899	83,334	66,529
2022-03-28	$61.61	$60.00	27.5%	8.9%	41.0%	33.4%	32.7%	4.7%	0.8%	-908.5K	90.6M	-1.1M	3.50	23.39	N/A	N/A	2,117	7,414	79,411	63,219
2022-03-29	$64.25	$60.00	26.4%	8.5%	42.5%	29.1%	32.1%	3.9%	0.1%	2.6M	23.2M	-1.2M	0.83	42.77	N/A	N/A	3,907	3,236	79,699	65,381
2022-03-30	$62.03	$60.00	26.8%	8.9%	41.7%	30.6%	30.6%	4.5%	0.7%	-95.3K	85.0M	-1.1M	3.19	22.99	N/A	N/A	3,028	9,653	80,012	65,782
2022-03-31	$61.00	$62.50	27.5%	9.5%	41.8%	33.4%	32.2%	4.6%	0.7%	-2.9M	127.3M	-1.2M	1.57	19.87	N/A	N/A	1,963	3,081	81,372	73,131