TJX Options History — November 2022

In November 2022, TJX traded between $70.07 and $80.83. ATM implied volatility averaged 32.0%, placing in the 41.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 1.2% (HV 20d: 30.8%). Max pain ranged from $65.00 to $75.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2022-11-16: Highest Volume — 82,703 contracts
  • 2022-11-16: Largest IV drop — 19.3% change
  • 2022-11-09: Highest IV Rank — 61.3%
  • 2022-11-02: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.73$70.07$80.83$71.76$79.85
Max Pain$71.36$65.00$75.00$65.00$75.00
ATM IV32.0%25.6%37.2%35.6%25.6%
Expected Move9.2%7.5%11.5%11.4%7.5%
HV 20d30.8%26.9%34.5%27.2%31.7%
HV 60d29.8%28.7%31.0%29.0%30.2%
IV Rank41.1%16.4%61.3%54.9%16.4%
IV Percentile44.2%7.1%80.6%68.3%7.1%
Term Structure-0.5%-1.6%0.4%-0.9%0.4%
VWIV32.8%27.7%43.1%43.1%27.7%
Skew 25d5.1%4.1%6.4%6.4%4.5%
Skew 10d10.8%8.2%14.8%13.0%14.8%
Call IV 25d29.9%23.9%34.4%33.0%23.9%
Put IV 25d35.0%28.4%40.6%39.4%28.4%
Bid-Ask Spread %12.405.0120.8911.7318.42
Gamma HHI0.140.110.220.120.12
Net GEX16.9M11.8M27.5M13.3M12.9M
Net DEX-406.8M-638.3M-204.1M-275.4M-435.0M
Net VEX-1.3M-1.4M-1.2M-1.3M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.304.830.871.67
Total Volume18,493.6676,18182,70310,4387,777
Total OI205,402177,827258,293177,827225,654

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$71.76$65.0035.6%11.4%27.2%54.9%43.1%6.4%-0.9%13.3M-275.4M-1.3M0.8711.73N/AN/A5,5694,869107,87169,956
2022-11-02$70.57$66.0035.5%11.5%28.1%54.8%41.6%5.1%-0.9%12.3M-237.0M-1.3M0.9510.86N/AN/A4,4694,256110,26672,208
2022-11-03$71.29$70.0035.2%9.6%27.3%53.4%32.8%5.6%-0.7%13.2M-268.1M-1.3M0.9812.56N/AN/A3,4703,402111,31173,051
2022-11-04$71.08$70.0035.1%10.0%26.9%53.3%34.2%5.8%-1.1%11.8M-265.1M-1.3M0.7315.70N/AN/A4,5293,325111,70573,137
2022-11-07$72.23$70.0035.5%10.0%27.1%54.8%35.5%5.5%-0.6%14.5M-303.9M-1.2M0.948.27N/AN/A3,1882,993109,70370,294
2022-11-08$71.69$70.0036.1%10.1%27.4%56.9%35.3%5.4%-0.6%13.6M-267.3M-1.3M0.7610.78N/AN/A5,7114,335110,51373,154
2022-11-09$70.07$70.0037.2%10.4%29.0%61.3%35.8%6.2%-0.6%12.1M-204.1M-1.3M0.9310.75N/AN/A4,7194,388112,20174,258
2022-11-10$74.06$70.0034.0%9.5%34.0%48.9%34.4%4.6%-1.1%17.0M-385.9M-1.3M0.7115.19N/AN/A5,8294,140114,22674,912
2022-11-11$74.11$70.0034.5%9.5%32.2%50.7%33.4%5.1%-1.6%16.6M-381.9M-1.3M0.8014.88N/AN/A8,2926,621115,06176,465
2022-11-14$73.33$70.0036.0%10.3%30.6%56.8%35.1%6.1%-1.4%16.0M-343.3M-1.2M0.755.84N/AN/A14,75911,132115,99476,011
2022-11-15$74.94$70.0035.9%10.3%31.1%56.4%38.4%5.2%-1.1%15.6M-408.0M-1.3M0.9915.55N/AN/A30,97330,773120,94683,504
2022-11-16$78.91$72.5029.0%8.3%34.2%29.5%29.3%4.8%0.3%22.1M-638.3M-1.3M0.308.76N/AN/A63,68419,019134,555106,077
2022-11-17$77.89$72.5030.5%8.7%34.5%35.2%29.9%5.0%-0.1%27.5M-583.9M-1.4M0.6820.89N/AN/A16,51311,225146,336107,706
2022-11-18$78.21$72.5029.6%8.5%32.7%31.9%29.2%4.7%0.1%18.3M-620.5M-1.4M0.605.01N/AN/A11,7437,019150,242108,051
2022-11-21$78.86$72.5028.2%8.0%32.5%26.6%28.1%4.3%-0.3%20.6M-441.7M-1.3M1.2412.82N/AN/A5,5266,837113,30583,243
2022-11-22$79.78$72.5028.0%8.0%31.9%25.7%29.4%4.1%-0.2%22.1M-490.6M-1.3M1.469.81N/AN/A11,35516,537115,98285,951
2022-11-23$80.46$75.0027.5%7.9%31.9%23.5%28.7%4.5%-0.3%21.8M-525.3M-1.4M1.3418.51N/AN/A5,3017,095121,26795,738
2022-11-25$80.83$75.0027.1%7.6%31.7%22.2%28.2%4.5%-0.3%22.5M-538.4M-1.4M4.8311.42N/AN/A1,7318,368122,85898,370
2022-11-28$80.13$75.0028.1%8.2%32.0%25.9%29.1%4.8%-0.0%16.3M-472.5M-1.3M3.1512.69N/AN/A2,4887,845119,50698,190
2022-11-29$80.27$75.0027.5%8.0%31.7%23.7%28.8%4.6%0.1%14.5M-455.8M-1.4M0.8310.00N/AN/A3,5922,970119,908103,756
2022-11-30$79.85$75.0025.6%7.5%31.7%16.4%27.7%4.5%0.4%12.9M-435.0M-1.3M1.6718.42N/AN/A2,9084,869120,814104,840