TJX Options History — August 2023

In August 2023, TJX traded between $85.34 and $92.50. ATM implied volatility averaged 20.2%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 5.6% (HV 20d: 14.7%). Max pain ranged from $85.00 to $87.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-08-16: Highest Volume — 42,279 contracts
  • 2023-08-16: Largest IV drop — 30.4% change
  • 2023-08-08: Highest IV Rank — 42.8%
  • 2023-08-02: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.05$85.34$92.50$86.23$92.50
Max Pain$85.87$85.00$87.50$85.00$87.50
ATM IV20.2%14.2%25.6%21.7%14.9%
Expected Move5.6%3.6%7.9%6.9%3.6%
HV 20d14.7%8.2%20.4%11.0%20.4%
HV 60d15.6%14.3%16.7%15.1%16.2%
IV Rank21.9%0.0%42.8%27.6%2.8%
IV Percentile22.6%0.0%49.2%25.8%1.2%
Term Structure-0.2%-1.9%1.3%-0.8%0.6%
VWIV19.6%12.7%27.4%24.4%13.1%
Skew 25d2.9%2.4%3.4%2.4%2.5%
Skew 10d6.0%4.7%7.0%5.2%5.1%
Call IV 25d19.0%13.4%24.4%20.9%13.5%
Put IV 25d21.9%16.0%27.3%23.3%16.0%
Bid-Ask Spread %5.232.2410.873.152.24
Gamma HHI0.180.100.270.200.21
Net GEX23.1M7.4M43.9M19.3M39.6M
Net DEX-297.8M-532.0M-164.8M-208.3M-532.0M
Net VEX-2.4M-2.6M-2.2M-2.2M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.232.200.610.59
Total Volume10,814.6962,39442,2792,3946,632
Total OI166,167.652136,055201,919136,055192,380

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$86.23$85.0021.7%6.9%11.0%27.6%24.4%2.4%-0.8%19.3M-208.3M-2.2M0.613.15N/AN/A1,48491077,90858,147
2023-08-02$85.69$85.0024.0%7.9%11.3%36.3%27.4%2.9%-1.3%15.6M-184.7M-2.2M0.513.57N/AN/A3,2261,64678,85058,815
2023-08-03$86.10$85.0025.2%6.8%10.2%41.0%24.2%2.9%-1.5%17.3M-205.9M-2.2M0.394.22N/AN/A4,2121,65280,90059,838
2023-08-04$85.34$85.0025.0%6.7%10.3%40.2%23.5%2.9%-1.5%14.4M-164.8M-2.2M1.007.37N/AN/A2,7642,77282,84860,832
2023-08-07$86.09$85.0024.8%6.9%10.5%39.5%23.0%2.8%-0.2%18.9M-197.9M-2.2M0.238.36N/AN/A6,5531,53883,61062,607
2023-08-08$86.47$85.0025.6%6.8%9.3%42.8%24.6%3.0%-1.9%23.4M-228.4M-2.3M0.7910.47N/AN/A5,7204,50088,44363,324
2023-08-09$86.47$85.0024.8%6.6%8.6%39.5%23.1%2.8%-1.6%27.6M-248.1M-2.4M0.709.71N/AN/A1,9521,37492,56067,487
2023-08-10$86.18$85.0025.3%7.1%8.2%41.4%24.3%3.0%-0.5%25.2M-216.8M-2.3M0.587.00N/AN/A2,2411,30892,44668,332
2023-08-11$85.84$85.0024.6%6.8%8.4%38.5%22.9%2.9%-0.9%7.4M-171.8M-2.3M0.8210.14N/AN/A7,7516,39492,68468,499
2023-08-14$86.28$85.0023.9%6.7%8.4%36.0%23.8%3.3%0.1%8.6M-206.0M-2.2M0.8410.87N/AN/A3,9413,29683,84167,758
2023-08-15$85.59$85.0024.6%7.0%9.0%38.9%23.8%3.4%-1.1%7.6M-175.7M-2.3M1.208.04N/AN/A18,08721,72886,72569,411
2023-08-16$89.22$85.0017.1%4.9%17.2%9.6%16.7%2.6%0.7%30.1M-422.4M-2.2M0.482.70N/AN/A28,49613,78398,65885,478
2023-08-17$88.03$85.0018.3%5.2%18.0%14.0%17.7%2.9%0.2%27.8M-334.1M-2.4M0.573.50N/AN/A7,0914,039109,80889,670
2023-08-18$89.45$85.0016.7%4.7%18.7%7.8%16.9%2.6%0.9%22.0M-439.2M-2.4M0.492.38N/AN/A7,3213,573111,10690,813
2023-08-21$89.80$85.0016.8%4.6%18.6%8.3%17.1%3.0%0.0%24.2M-357.0M-2.3M0.743.12N/AN/A3,9702,94893,34868,532
2023-08-22$89.03$87.5017.3%4.7%18.8%10.4%16.8%3.1%0.1%20.3M-311.8M-2.4M0.683.20N/AN/A3,9472,69495,68771,429
2023-08-23$89.97$87.5016.4%4.5%19.0%6.6%16.7%2.8%0.4%23.8M-368.2M-2.5M0.682.57N/AN/A4,9963,41098,37872,970
2023-08-24$88.47$87.5017.4%4.8%19.9%10.8%16.0%3.0%0.4%20.8M-275.9M-2.5M2.203.26N/AN/A4,97610,969100,34774,674
2023-08-25$89.05$87.5016.0%4.3%20.0%5.3%15.0%2.8%0.6%43.9M-310.8M-2.6M0.703.20N/AN/A2,9972,094102,40978,670
2023-08-28$90.18$87.5016.3%4.3%20.3%6.2%15.4%2.6%0.7%25.5M-369.9M-2.6M1.353.53N/AN/A3,1334,227100,15976,469
2023-08-29$90.97$87.5014.9%3.7%20.4%0.9%13.1%2.6%1.0%30.8M-417.0M-2.6M0.712.97N/AN/A5,5033,880101,11878,424
2023-08-30$92.16$87.5014.2%3.6%20.4%0.0%12.7%2.7%1.3%36.5M-502.7M-2.6M0.534.68N/AN/A8,4884,522104,07681,388
2023-08-31$92.50$87.5014.9%3.6%20.4%2.8%13.1%2.5%0.6%39.6M-532.0M-2.6M0.592.24N/AN/A4,1652,467107,99184,389