TJX Options History — July 2023

In July 2023, TJX traded between $82.81 and $87.27. ATM implied volatility averaged 19.0%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 4.2% (HV 20d: 14.8%). Max pain ranged from $77.50 to $85.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.48.

Notable Days

  • 2023-07-12: Highest Volume — 29,169 contracts
  • 2023-07-17: Largest IV spike — 15.3% change
  • 2023-07-19: Highest IV Rank — 27.5%
  • 2023-07-31: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.33$82.81$87.27$84.59$86.31
Max Pain$83.25$77.50$85.00$77.50$85.00
ATM IV19.0%14.8%21.7%14.8%21.6%
Expected Move5.9%4.1%6.9%4.1%6.9%
HV 20d14.8%11.3%17.0%15.8%11.3%
HV 60d16.0%15.3%16.7%16.3%15.4%
IV Rank17.0%0.6%27.5%0.6%27.1%
IV Percentile13.1%0.4%24.2%0.4%24.2%
Term Structure0.7%-1.3%4.7%0.6%-0.9%
VWIV20.3%14.3%23.7%14.3%23.7%
Skew 25d2.9%2.5%3.3%2.9%2.8%
Skew 10d6.3%5.1%7.6%5.6%6.6%
Call IV 25d17.8%14.0%20.4%14.0%20.2%
Put IV 25d20.7%16.8%23.5%16.8%23.0%
Bid-Ask Spread %7.122.7012.515.843.09
Gamma HHI0.170.150.200.190.18
Net GEX23.6M16.9M36.4M18.9M18.4M
Net DEX-284.0M-367.3M-196.1M-272.8M-219.2M
Net VEX-2.0M-2.2M-1.7M-1.7M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.091.930.350.58
Total Volume6,744.152,21729,1692,5042,217
Total OI142,947126,273165,890126,273135,125

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$84.59$77.5014.8%4.1%15.8%0.6%14.3%2.9%0.6%18.9M-272.8M-1.7M0.355.84N/AN/A1,86164370,14656,127
2023-07-05$84.56$77.5015.2%4.2%15.9%2.0%14.7%2.8%0.4%19.5M-274.9M-1.7M0.225.68N/AN/A3,12269571,41756,555
2023-07-06$83.50$82.5017.2%5.9%16.8%9.8%20.1%3.1%0.3%17.8M-224.0M-1.7M0.4511.78N/AN/A4,6022,08072,46256,914
2023-07-07$82.81$82.5016.8%5.8%17.0%8.4%19.8%2.7%0.4%16.9M-196.1M-1.7M1.9311.53N/AN/A1,0432,01274,75458,361
2023-07-10$83.38$82.5017.5%6.1%16.8%11.1%21.0%3.2%3.6%18.6M-217.6M-1.7M0.687.31N/AN/A3,3222,25174,22059,340
2023-07-11$84.63$82.5016.8%5.8%16.3%8.4%20.4%3.1%3.5%20.8M-266.4M-1.9M0.457.82N/AN/A1,80081776,90961,172
2023-07-12$85.53$82.5016.0%5.9%16.4%5.0%19.6%2.6%4.7%21.8M-317.2M-1.8M0.1212.24N/AN/A26,0653,10477,35161,482
2023-07-13$84.91$85.0017.1%5.9%16.6%9.6%19.8%2.5%3.9%28.7M-313.1M-2.0M0.189.46N/AN/A5,38795291,44963,691
2023-07-14$84.88$85.0017.5%5.8%15.8%10.9%19.4%2.5%4.4%31.0M-309.1M-2.0M0.4010.77N/AN/A5,4882,17294,19664,202
2023-07-17$85.28$85.0020.2%6.1%14.4%21.4%20.9%2.9%-0.8%31.2M-338.7M-2.0M0.0912.51N/AN/A7,99170596,03264,399
2023-07-18$85.28$82.5020.7%6.1%14.3%23.6%21.1%3.3%-0.5%32.1M-330.6M-2.0M0.407.60N/AN/A2,4861,00395,35164,819
2023-07-19$85.68$82.5021.7%6.2%13.7%27.5%21.1%3.0%-1.2%32.4M-358.1M-2.0M0.138.61N/AN/A6,72184996,16665,410
2023-07-20$85.50$82.5021.1%6.1%13.8%25.2%20.4%3.2%-0.5%36.4M-348.9M-2.0M0.826.20N/AN/A3,1092,55497,65165,933
2023-07-21$85.82$85.0020.9%6.1%13.7%24.2%20.9%2.8%-1.3%25.9M-367.3M-2.0M0.355.86N/AN/A7,2922,54797,92367,967
2023-07-24$86.47$85.0021.3%6.4%13.7%25.8%21.9%3.1%-0.8%21.1M-254.7M-2.1M0.502.70N/AN/A4,9432,47076,81650,477
2023-07-25$87.27$85.0021.2%6.3%13.8%25.3%21.7%2.9%-0.8%21.2M-297.0M-2.1M0.913.58N/AN/A5,8575,35879,69052,020
2023-07-26$87.03$85.0020.8%6.2%13.5%23.7%21.3%2.8%-0.7%19.4M-274.8M-2.2M0.413.45N/AN/A3,3481,36878,81856,592
2023-07-27$86.50$85.0021.4%6.5%13.5%26.2%22.3%2.7%-0.7%20.4M-247.1M-2.2M0.273.27N/AN/A3,06581780,25557,779
2023-07-28$86.69$85.0020.7%6.3%12.7%23.6%21.9%2.8%-0.6%19.6M-252.0M-2.2M0.373.07N/AN/A2,02574280,76858,201
2023-07-31$86.31$85.0021.6%6.9%11.3%27.1%23.7%2.8%-0.9%18.4M-219.2M-2.1M0.583.09N/AN/A1,40181677,44457,681