TJX Options History — January 2023

In January 2023, TJX traded between $79.00 and $82.91. ATM implied volatility averaged 25.6%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 8.6% (HV 20d: 17.0%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.07.

Notable Days

  • 2023-01-19: Highest Volume — 26,264 contracts
  • 2023-01-23: Largest IV spike — 12.0% change
  • 2023-01-30: Highest IV Rank — 28.2%
  • 2023-01-03: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.10$79.00$82.91$79.00$81.63
Max Pain$78.75$70.00$80.00$70.00$80.00
ATM IV25.6%22.1%29.2%26.7%28.7%
Expected Move6.8%6.3%7.7%7.7%6.9%
HV 20d17.0%12.2%19.6%12.6%19.6%
HV 60d23.6%22.1%25.4%24.8%22.3%
IV Rank13.0%0.0%28.2%20.6%26.4%
IV Percentile9.7%0.0%27.0%12.3%25.8%
Term Structure0.9%-1.5%6.0%1.2%-1.1%
VWIV23.8%21.6%27.2%26.9%24.5%
Skew 25d4.1%3.4%4.8%4.0%4.3%
Skew 10d8.2%6.7%9.9%9.3%9.2%
Call IV 25d23.9%20.6%27.3%25.0%27.3%
Put IV 25d28.0%24.0%31.6%29.1%31.6%
Bid-Ask Spread %9.184.5714.3711.6812.14
Gamma HHI0.170.120.220.120.19
Net GEX21.0M-1.0M34.1M20.4M15.5M
Net DEX-329.0M-561.5M-82.5M-347.7M-204.2M
Net VEX-1.3M-1.5M-1.2M-1.2M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.2010.470.320.70
Total Volume9,731.11,97326,2646,8501,973
Total OI189,760.55111,462251,678204,051126,151

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$79.00$70.0026.7%7.7%12.6%20.6%26.9%4.0%1.2%20.4M-347.7M-1.2M0.3211.68N/AN/A5,1871,663123,96080,091
2023-01-04$79.47$70.0026.5%7.6%12.2%19.6%25.7%3.8%0.6%22.8M-372.4M-1.2M0.387.30N/AN/A3,8541,468125,56180,544
2023-01-05$80.60$77.5025.7%7.7%13.1%16.6%26.2%4.2%1.0%26.5M-431.5M-1.2M0.427.07N/AN/A4,2261,766125,75181,346
2023-01-06$82.91$77.5023.9%7.1%16.2%3.2%24.7%3.4%0.5%32.9M-561.5M-1.2M0.427.60N/AN/A12,9785,402125,85082,601
2023-01-09$81.75$80.0024.8%6.9%16.9%6.6%24.2%4.2%-0.7%29.6M-467.4M-1.2M1.2411.00N/AN/A5,3406,601128,45284,644
2023-01-10$82.30$80.0024.7%7.1%16.5%6.3%27.2%4.2%0.1%30.8M-498.6M-1.2M10.4711.87N/AN/A1,48415,531131,39687,638
2023-01-11$82.10$80.0024.9%7.2%16.5%4.0%24.6%4.2%0.4%28.0M-455.9M-1.3M0.378.43N/AN/A6,6572,486132,056102,678
2023-01-12$81.69$80.0023.2%6.7%16.5%0.0%24.9%3.4%0.3%26.3M-419.8M-1.3M0.439.16N/AN/A5,3972,322136,202104,089
2023-01-13$81.66$80.0022.4%6.4%16.6%0.0%22.1%3.4%-0.4%26.8M-403.8M-1.3M1.334.57N/AN/A4,5926,096137,829104,399
2023-01-17$81.66$80.0022.1%6.3%16.1%0.0%22.7%4.2%5.4%34.1M-423.4M-1.2M0.399.46N/AN/A3,9041,537132,691101,252
2023-01-18$79.97$80.0022.9%6.6%17.4%2.9%21.8%4.1%5.1%16.3M-296.8M-1.2M0.334.96N/AN/A6,3992,104134,167101,862
2023-01-19$79.66$80.0023.7%6.5%17.5%6.3%21.8%4.0%5.5%11.5M-269.8M-1.2M0.265.17N/AN/A20,8435,421134,649102,316
2023-01-20$79.25$80.0024.1%6.3%17.6%8.0%21.6%4.0%6.0%-1.0M-262.7M-1.3M1.654.85N/AN/A4,7837,909147,836103,842
2023-01-23$79.03$80.0027.0%6.6%17.3%19.5%23.2%4.3%-1.2%4.9M-82.5M-1.3M0.8211.40N/AN/A3,5612,93367,38044,082
2023-01-24$81.06$80.0027.2%6.5%19.3%20.2%22.3%4.6%-1.0%14.2M-166.0M-1.3M0.3210.71N/AN/A9,5123,08369,84946,340
2023-01-25$82.50$80.0028.5%6.6%19.4%25.4%23.5%3.9%-0.9%21.5M-249.7M-1.4M0.739.97N/AN/A5,7794,24674,23448,446
2023-01-26$82.30$80.0028.0%6.3%19.5%23.4%22.8%4.0%-1.5%24.8M-242.1M-1.5M0.2114.37N/AN/A5,5411,19177,24551,093
2023-01-27$82.06$80.0027.8%6.4%19.3%22.7%22.1%4.8%-1.0%19.5M-235.6M-1.5M0.2012.15N/AN/A6,5521,30980,52651,770
2023-01-30$81.31$80.0029.2%6.9%19.6%28.2%24.0%4.4%-0.8%14.2M-189.5M-1.5M0.439.69N/AN/A2,09989377,32247,071
2023-01-31$81.63$80.0028.7%6.9%19.6%26.4%24.5%4.3%-1.1%15.5M-204.2M-1.5M0.7012.14N/AN/A1,15981478,59247,559