TJX Options History — August 2022

In August 2022, TJX traded between $61.80 and $69.11. ATM implied volatility averaged 32.2%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 3.3% (HV 20d: 28.9%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 1.35.

Notable Days

2022-08-17: Highest Volume — 37,181 contracts
2022-08-17: Largest IV drop — 21.4% change
2022-08-02: Highest IV Rank — 57.5%
2022-08-02: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$64.27	$61.80	$69.11	$62.78	$62.66
Max Pain	$63.26	$60.00	$65.00	$60.00	$65.00
ATM IV	32.2%	26.4%	36.1%	35.5%	30.4%
Expected Move	9.2%	7.6%	11.5%	11.2%	8.7%
HV 20d	28.9%	26.6%	33.4%	27.4%	27.9%
HV 60d	33.8%	29.4%	39.7%	39.7%	29.4%
IV Rank	42.3%	20.1%	57.5%	55.1%	35.5%
IV Percentile	58.8%	31.3%	81.0%	77.0%	48.4%
Term Structure	-0.7%	-2.1%	0.7%	-1.5%	0.3%
VWIV	33.6%	26.4%	45.2%	39.1%	29.9%
Skew 25d	4.9%	3.1%	5.5%	5.3%	4.9%
Skew 10d	11.4%	6.5%	21.4%	11.8%	10.3%
Call IV 25d	30.5%	24.8%	34.4%	33.6%	28.4%
Put IV 25d	35.3%	28.8%	39.5%	38.9%	33.3%
Bid-Ask Spread %	12.15	6.43	25.80	9.46	6.43
Gamma HHI	0.08	0.06	0.11	0.08	0.07
Net GEX	4.7M	961.8K	15.0M	3.3M	1.3M
Net DEX	-96.9M	-295.1M	-11.7M	-63.0M	-13.8M
Net VEX	-1.2M	-1.3M	-1.1M	-1.3M	-1.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.35	0.10	5.74	1.24	0.61
Total Volume	11,961.435	3,574	37,181	9,996	5,933
Total OI	172,484.348	153,115	207,292	153,115	176,028

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
2022-08-01	$62.78	$60.00	35.5%	11.2%	27.4%	55.1%	39.1%	5.3%	-1.5%	3.3M	-63.0M	-1.3M	1.24	9.46	N/A	N/A	4,457	5,539	81,336	71,779
2022-08-02	$61.80	$60.00	36.1%	11.5%	27.1%	57.5%	39.0%	5.1%	-1.3%	2.1M	-37.0M	-1.3M	1.14	17.51	N/A	N/A	5,504	6,286	82,004	72,258
2022-08-03	$63.53	$60.00	35.0%	11.3%	28.4%	53.1%	45.2%	4.8%	-1.8%	4.8M	-93.3M	-1.3M	2.18	15.48	N/A	N/A	4,288	9,330	83,699	73,374
2022-08-04	$63.27	$62.50	35.1%	9.6%	27.3%	53.7%	41.6%	4.8%	-1.7%	4.0M	-84.0M	-1.3M	2.29	19.28	N/A	N/A	3,997	9,142	83,857	78,965
2022-08-05	$62.68	$62.50	34.9%	9.3%	27.4%	52.6%	41.3%	5.4%	-1.6%	3.7M	-64.4M	-1.3M	2.00	25.80	N/A	N/A	3,856	7,702	84,304	79,290
2022-08-08	$63.85	$62.50	35.3%	9.4%	27.4%	54.3%	42.1%	5.5%	-1.8%	5.2M	-95.1M	-1.3M	4.19	12.65	N/A	N/A	2,371	9,943	83,075	76,329
2022-08-09	$62.66	$62.50	34.6%	9.7%	28.6%	51.6%	33.4%	5.1%	-0.2%	3.6M	-61.4M	-1.2M	1.02	13.74	N/A	N/A	1,772	1,802	83,630	80,206
2022-08-10	$63.00	$62.50	34.7%	9.7%	28.6%	51.9%	40.4%	4.9%	-1.2%	4.3M	-78.6M	-1.2M	5.74	11.07	N/A	N/A	1,240	7,112	83,683	81,856
2022-08-11	$64.12	$62.50	35.6%	9.7%	28.9%	55.4%	33.5%	5.0%	-2.1%	5.2M	-109.0M	-1.3M	1.57	13.97	N/A	N/A	2,518	3,951	84,357	87,206
2022-08-12	$65.30	$62.50	34.2%	9.4%	28.3%	49.9%	33.4%	4.7%	-2.0%	6.2M	-141.6M	-1.2M	0.52	10.65	N/A	N/A	2,881	1,507	84,834	90,010
2022-08-15	$65.52	$62.50	35.0%	9.9%	28.3%	53.3%	33.6%	5.2%	-1.3%	5.6M	-142.2M	-1.2M	1.71	9.53	N/A	N/A	7,333	12,565	85,112	89,515
2022-08-16	$66.80	$62.50	33.6%	9.6%	26.6%	47.7%	33.6%	4.7%	-0.6%	6.6M	-188.2M	-1.2M	0.74	19.76	N/A	N/A	18,617	13,734	89,420	97,065
2022-08-17	$69.11	$62.50	26.4%	7.6%	28.8%	20.1%	27.1%	3.1%	0.3%	15.0M	-295.1M	-1.1M	0.44	15.75	N/A	N/A	25,816	11,365	96,496	103,863
2022-08-18	$68.01	$65.00	26.7%	7.6%	29.7%	21.5%	26.8%	4.6%	0.7%	12.6M	-249.8M	-1.1M	0.63	11.16	N/A	N/A	6,617	4,142	99,277	106,200
2022-08-19	$66.24	$65.00	28.1%	8.1%	31.5%	26.6%	26.8%	4.8%	-0.4%	1.5M	-180.7M	-1.2M	0.42	7.81	N/A	N/A	10,171	4,226	100,148	107,144
2022-08-22	$64.26	$65.00	30.5%	8.6%	33.4%	35.9%	30.4%	4.7%	-0.4%	3.5M	-58.6M	-1.2M	1.18	8.33	N/A	N/A	4,308	5,102	81,071	78,519
2022-08-23	$64.05	$65.00	29.8%	8.3%	29.5%	33.0%	29.4%	5.0%	-0.4%	3.4M	-53.2M	-1.2M	0.61	8.49	N/A	N/A	3,738	2,271	83,396	79,849
2022-08-24	$64.53	$65.00	28.8%	8.1%	29.5%	29.2%	28.8%	4.5%	0.1%	4.8M	-71.5M	-1.2M	0.10	7.29	N/A	N/A	12,638	1,249	86,092	81,145
2022-08-25	$64.88	$65.00	28.7%	8.0%	29.4%	28.8%	26.4%	4.7%	0.0%	7.0M	-84.1M	-1.2M	0.18	9.64	N/A	N/A	11,735	2,159	88,763	81,945
2022-08-26	$63.02	$65.00	30.4%	8.5%	31.6%	35.5%	32.2%	5.3%	-0.2%	961.8K	-21.4M	-1.2M	1.62	7.70	N/A	N/A	3,082	4,995	99,182	83,115
2022-08-29	$63.17	$65.00	30.4%	8.7%	30.1%	35.6%	29.6%	5.2%	0.1%	2.7M	-30.7M	-1.1M	0.39	6.81	N/A	N/A	2,965	1,152	92,442	80,255
2022-08-30	$62.94	$65.00	30.4%	8.6%	29.6%	35.7%	30.0%	4.8%	0.3%	1.3M	-11.7M	-1.1M	0.53	11.15	N/A	N/A	2,614	1,388	94,284	80,762
2022-08-31	$62.66	$65.00	30.4%	8.7%	27.9%	35.5%	29.9%	4.9%	0.3%	1.3M	-13.8M	-1.1M	0.61	6.43	N/A	N/A	3,689	2,244	95,125	80,903