TJX Options History — April 2023

In April 2023, TJX traded between $76.59 and $78.88. ATM implied volatility averaged 22.6%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 7.2% (HV 20d: 15.4%). Max pain ranged from $75.00 to $77.50. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.29.

Notable Days

  • 2023-04-25: Highest Volume — 14,592 contracts
  • 2023-04-17: Largest IV spike — 9.2% change
  • 2023-04-26: Highest IV Rank — 19.6%
  • 2023-04-26: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.95$76.59$78.88$78.78$78.72
Max Pain$77.11$75.00$77.50$75.00$77.50
ATM IV22.6%20.1%25.4%20.5%23.4%
Expected Move7.0%5.5%7.7%5.6%7.2%
HV 20d15.4%13.2%18.7%18.7%16.2%
HV 60d16.7%15.8%17.9%17.9%16.4%
IV Rank9.1%0.0%19.6%0.0%12.5%
IV Percentile8.3%0.0%21.8%0.0%11.5%
Term Structure0.9%-1.4%5.0%0.8%-1.1%
VWIV24.7%20.3%27.8%20.3%25.2%
Skew 25d4.2%3.7%4.9%4.3%4.4%
Skew 10d8.5%6.3%10.2%9.2%8.9%
Call IV 25d20.8%18.4%23.7%19.0%22.1%
Put IV 25d25.0%22.3%27.7%23.3%26.5%
Bid-Ask Spread %7.113.8214.177.4814.17
Gamma HHI0.170.090.520.140.10
Net GEX12.0M-12.7M58.7M19.1M7.8M
Net DEX-115.6M-186.4M-34.6M-186.4M-105.0M
Net VEX-1.4M-1.6M-1.3M-1.5M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.175.840.910.49
Total Volume5,956.6321,49814,5923,5062,357
Total OI132,708.31690,150159,023136,827109,015

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$78.78$75.0020.5%5.6%18.7%0.0%20.3%4.3%0.8%19.1M-186.4M-1.5M0.917.48N/AN/A1,8351,67189,27847,549
2023-04-04$78.63$75.0020.1%5.5%18.1%0.0%21.2%4.2%0.4%19.5M-180.0M-1.5M0.877.64N/AN/A2,4832,16489,89648,143
2023-04-05$77.97$75.0020.8%5.7%18.4%2.6%21.3%4.0%0.2%19.3M-147.3M-1.4M0.726.61N/AN/A3,0532,20490,66448,722
2023-04-06$78.02$77.5020.1%7.3%13.9%0.0%24.6%3.8%0.8%58.7M-144.8M-1.5M0.177.82N/AN/A2,31840291,54750,186
2023-04-10$78.20$77.5021.5%7.6%13.6%5.2%25.7%4.3%5.0%13.4M-140.7M-1.4M1.043.82N/AN/A73576389,42650,168
2023-04-11$78.44$77.5021.0%7.5%13.2%3.3%26.3%3.7%4.9%14.1M-147.7M-1.4M0.564.86N/AN/A1,09361389,66850,631
2023-04-12$76.59$77.5021.4%7.4%16.2%4.9%26.0%4.6%4.3%6.5M-68.4M-1.4M2.456.17N/AN/A1,7714,33989,77751,253
2023-04-13$77.03$77.5021.5%7.2%15.9%5.2%26.4%4.0%4.4%1.4M-70.8M-1.4M2.754.71N/AN/A2,0075,51990,89254,453
2023-04-14$77.03$77.5021.6%7.0%15.8%5.6%27.8%4.1%4.3%-12.7M-82.4M-1.4M5.845.61N/AN/A1,3027,60591,50854,895
2023-04-17$77.31$77.5023.6%7.1%15.8%12.9%27.0%4.7%0.0%10.3M-96.2M-1.3M0.504.65N/AN/A1,89194390,50054,344
2023-04-18$77.75$77.5024.0%7.0%15.5%14.4%26.6%4.9%-0.8%13.4M-111.5M-1.3M3.027.06N/AN/A8352,51990,76855,011
2023-04-19$77.93$77.5023.2%6.7%14.6%11.7%22.7%4.8%-0.3%15.7M-124.3M-1.3M0.346.83N/AN/A6,7512,27490,91256,262
2023-04-20$78.72$77.5023.9%6.9%14.4%14.1%23.4%4.0%-1.1%16.0M-168.2M-1.3M0.696.16N/AN/A6,6734,62794,81756,632
2023-04-21$78.44$77.5023.9%7.0%13.2%14.1%23.0%4.2%-1.4%5.7M-164.1M-1.5M0.515.56N/AN/A5,8172,95798,68460,339
2023-04-24$78.31$77.5023.8%7.1%13.3%13.9%25.6%3.7%-1.1%6.4M-78.3M-1.5M1.338.14N/AN/A2,2302,97552,37937,771
2023-04-25$76.88$77.5025.3%7.7%15.0%19.3%25.1%4.2%-0.9%3.7M-34.6M-1.5M1.497.26N/AN/A5,8598,73353,84139,985
2023-04-26$77.34$77.5025.4%7.7%14.9%19.6%26.4%4.0%-1.0%2.1M-42.4M-1.6M0.3111.87N/AN/A1,94960658,93445,991
2023-04-27$78.88$77.5023.7%7.3%16.2%13.4%24.4%4.0%-0.9%7.4M-102.5M-1.6M0.508.66N/AN/A7,5443,75960,46746,150
2023-04-28$78.72$77.5023.4%7.2%16.2%12.5%25.2%4.4%-1.1%7.8M-105.0M-1.6M0.4914.17N/AN/A1,57778063,44945,566