TJX Options History — February 2023

In February 2023, TJX traded between $76.53 and $82.66. ATM implied volatility averaged 29.1%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 10.5% (HV 20d: 18.6%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.88.

Notable Days

  • 2023-02-22: Highest Volume — 53,615 contracts
  • 2023-02-22: Largest IV drop — 20.9% change
  • 2023-02-13: Highest IV Rank — 42.5%
  • 2023-02-21: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.51$76.53$82.66$82.66$76.53
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV29.1%23.1%32.8%27.9%23.1%
Expected Move8.1%6.4%9.4%6.4%6.7%
HV 20d18.6%15.8%22.3%19.7%15.8%
HV 60d18.6%15.9%23.1%22.3%16.2%
IV Rank27.6%3.8%42.5%22.9%3.8%
IV Percentile27.9%1.2%43.7%21.0%1.2%
Term Structure-1.0%-1.9%0.3%-1.2%-0.3%
VWIV28.4%23.0%37.6%23.0%23.5%
Skew 25d4.4%3.7%5.0%4.7%4.2%
Skew 10d9.2%7.9%10.7%10.1%8.7%
Call IV 25d27.3%21.6%30.6%26.3%21.6%
Put IV 25d31.7%25.5%35.5%31.0%25.8%
Bid-Ask Spread %9.916.0916.0416.048.52
Gamma HHI0.150.080.200.200.10
Net GEX11.2M-1.7M21.3M18.8M10.0M
Net DEX-123.8M-249.2M-15.0M-249.2M-53.8M
Net VEX-1.5M-1.6M-1.3M-1.5M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.145.590.660.60
Total Volume12,663.9472,18053,6152,4167,394
Total OI147,973.263127,385167,466127,385149,364

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$82.66$80.0027.9%6.4%19.7%22.9%23.0%4.7%-1.2%18.8M-249.2M-1.5M0.6616.04N/AN/A1,45496279,22048,165
2023-02-02$80.38$80.0029.2%7.9%22.3%28.1%26.0%4.3%-1.4%11.9M-142.1M-1.5M0.8510.27N/AN/A3,0332,56779,86448,629
2023-02-03$80.44$80.0031.0%8.2%21.8%35.4%29.4%4.3%-1.7%12.1M-145.9M-1.5M0.3113.55N/AN/A8,6612,65381,40249,402
2023-02-06$80.20$80.0031.3%8.4%19.0%36.5%29.1%4.5%-1.6%13.1M-146.4M-1.5M0.1911.77N/AN/A4,03477286,13448,975
2023-02-07$79.60$80.0031.3%8.5%18.6%36.6%29.9%4.8%-1.7%10.2M-111.3M-1.5M0.567.34N/AN/A11,3086,37687,26549,361
2023-02-08$80.32$80.0031.5%8.6%18.7%37.3%30.0%4.6%-1.5%15.1M-147.5M-1.6M0.1415.72N/AN/A8,9701,26990,25554,124
2023-02-09$81.15$80.0031.7%8.9%19.1%38.2%30.7%4.5%-0.8%21.3M-205.3M-1.6M0.2610.82N/AN/A3,54893297,73554,818
2023-02-10$80.20$80.0032.0%8.9%19.5%39.3%30.7%4.9%-1.3%15.3M-145.7M-1.6M1.4811.11N/AN/A8801,30098,57355,147
2023-02-13$80.75$80.0032.8%9.3%19.7%42.5%37.6%4.8%-1.7%20.1M-169.4M-1.6M5.598.16N/AN/A2,25812,62096,92353,932
2023-02-14$80.70$80.0031.7%9.0%19.7%38.0%30.6%5.0%-1.9%20.0M-155.2M-1.5M1.2210.48N/AN/A1,7322,10897,99864,600
2023-02-15$80.45$80.0031.1%8.9%18.2%35.7%31.0%4.2%-0.9%17.9M-139.4M-1.5M0.278.40N/AN/A5,0101,32898,50965,335
2023-02-16$79.82$80.0030.9%8.9%18.4%34.9%30.3%4.4%-1.1%6.8M-115.3M-1.5M0.678.05N/AN/A9,8236,60599,76763,614
2023-02-17$79.96$80.0030.1%8.7%18.3%31.8%30.6%4.6%-0.6%-33.3K-125.1M-1.5M1.426.09N/AN/A2,0122,86499,65163,344
2023-02-21$78.80$80.0031.1%9.4%19.0%35.8%32.7%4.6%-1.0%4.0M-88.8M-1.4M0.689.08N/AN/A21,92714,91270,73956,963
2023-02-22$77.38$80.0024.6%7.1%17.5%9.9%23.8%4.1%0.3%-1.7M-15.0M-1.4M0.638.34N/AN/A32,99320,62282,58967,444
2023-02-23$77.47$80.0023.8%6.5%15.9%6.6%23.0%4.1%-0.5%8.7M-68.7M-1.4M0.448.77N/AN/A8,2373,650100,90661,668
2023-02-24$77.22$80.0023.4%6.8%15.9%5.0%23.8%3.7%-0.2%-1.7M-64.4M-1.4M0.338.54N/AN/A9,2903,099105,43462,032
2023-02-27$76.75$80.0023.5%6.8%16.0%5.3%23.5%4.1%-0.4%10.8M-63.1M-1.3M0.517.30N/AN/A8,8844,52887,78853,823
2023-02-28$76.53$80.0023.1%6.7%15.8%3.8%23.5%4.2%-0.3%10.0M-53.8M-1.4M0.608.52N/AN/A4,6352,75992,09557,269