TJX Options History — October 2023

In October 2023, TJX traded between $87.03 and $90.70. ATM implied volatility averaged 23.8%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 10.7% (HV 20d: 13.1%). Max pain ranged from $87.50 to $90.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-10-18: Highest Volume — 11,630 contracts
  • 2023-10-13: Largest IV spike — 14.3% change
  • 2023-10-27: Highest IV Rank — 66.3%
  • 2023-10-27: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.73$87.03$90.70$88.48$87.90
Max Pain$89.66$87.50$90.00$87.50$90.00
ATM IV23.8%18.8%29.3%20.0%25.9%
Expected Move7.6%5.8%9.3%5.8%8.9%
HV 20d13.1%11.7%14.6%13.1%14.4%
HV 60d15.5%15.0%16.4%15.3%16.4%
IV Rank39.7%18.9%66.3%23.2%51.9%
IV Percentile54.3%23.8%88.5%26.6%71.4%
Term Structure0.6%-1.6%5.9%0.4%-0.7%
VWIV26.1%19.2%32.3%19.2%31.0%
Skew 25d4.4%3.2%5.6%3.4%4.4%
Skew 10d9.0%7.0%11.5%7.1%8.9%
Call IV 25d22.0%17.0%27.9%18.1%24.6%
Put IV 25d26.4%20.9%32.6%21.5%29.0%
Bid-Ask Spread %5.802.569.235.019.01
Gamma HHI0.100.070.140.110.08
Net GEX16.3M4.6M30.3M15.1M9.1M
Net DEX-202.4M-348.9M-83.2M-194.9M-124.1M
Net VEX-2.7M-2.8M-2.6M-2.7M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.321.020.870.67
Total Volume5,271.8641,68011,6302,9161,912
Total OI206,052.818163,673240,980203,820179,931

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$88.48$87.5020.0%5.8%13.1%23.2%19.2%3.4%0.4%15.1M-194.9M-2.7M0.875.01N/AN/A1,5611,355122,01381,807
2023-10-03$87.62$87.5021.0%6.2%13.1%27.1%19.8%4.0%0.1%13.2M-154.6M-2.7M0.492.56N/AN/A5,1372,532122,98982,648
2023-10-04$87.97$87.5020.4%5.8%13.0%24.8%19.8%3.5%0.3%13.3M-168.1M-2.7M0.384.51N/AN/A5,6552,123127,48282,668
2023-10-05$87.94$90.0020.6%7.2%12.9%25.8%24.4%3.6%0.2%14.5M-171.8M-2.8M1.024.59N/AN/A833847130,78583,050
2023-10-06$88.63$90.0019.2%7.1%13.2%20.5%24.4%3.2%0.4%18.4M-212.0M-2.7M0.664.10N/AN/A3,2342,137131,13183,396
2023-10-09$88.34$90.0020.6%7.4%13.2%25.8%24.7%4.0%4.9%17.1M-200.0M-2.7M0.733.59N/AN/A4,5883,369132,14383,754
2023-10-10$88.73$90.0019.5%7.3%12.7%21.4%24.2%4.0%5.9%20.7M-222.6M-2.7M0.568.61N/AN/A2,6711,499135,32285,550
2023-10-11$89.19$90.0018.8%6.8%12.6%18.9%23.9%3.8%4.9%21.9M-249.3M-2.7M0.747.69N/AN/A1,6131,187136,92886,414
2023-10-12$88.85$90.0019.8%6.8%12.1%22.8%24.3%4.0%4.9%19.7M-220.3M-2.7M0.665.35N/AN/A2,4831,650137,78286,817
2023-10-13$88.28$90.0022.7%7.5%11.7%33.4%25.1%4.4%5.6%17.7M-183.6M-2.7M0.403.58N/AN/A3,8871,543137,64387,366
2023-10-16$89.69$90.0023.7%7.1%13.3%37.2%25.2%5.2%-1.2%23.5M-275.4M-2.6M0.893.64N/AN/A2,0461,824137,10385,509
2023-10-17$90.70$90.0025.0%7.4%13.8%42.4%25.9%4.9%-1.6%30.3M-348.9M-2.6M0.696.49N/AN/A4,9763,417137,77686,515
2023-10-18$90.38$90.0026.1%7.5%13.7%46.2%26.2%5.5%-1.2%28.4M-317.1M-2.7M0.326.63N/AN/A8,7872,843139,36288,850
2023-10-19$89.81$90.0027.6%8.0%12.5%52.0%29.1%5.6%-1.6%24.0M-282.9M-2.7M0.657.31N/AN/A4,3152,821146,30491,147
2023-10-20$89.25$90.0027.7%8.1%12.7%52.6%28.5%5.5%-1.3%13.9M-230.6M-2.7M0.487.48N/AN/A3,2181,541147,58993,391
2023-10-23$88.34$90.0027.5%8.3%12.4%53.2%27.4%4.5%-0.9%9.4M-151.1M-2.7M0.825.60N/AN/A4,2683,49688,98974,684
2023-10-24$89.56$90.0026.2%8.0%13.3%51.0%28.5%4.6%-0.7%13.2M-204.8M-2.8M0.814.35N/AN/A2,0801,68692,31777,551
2023-10-25$88.81$90.0027.7%8.6%13.7%59.5%28.7%4.3%-0.9%10.6M-167.8M-2.8M0.395.26N/AN/A3,8581,49894,43078,715
2023-10-26$88.03$90.0028.1%8.8%12.8%60.8%29.5%4.5%-1.0%8.3M-132.9M-2.8M0.358.53N/AN/A2,64991697,48479,644
2023-10-27$87.03$90.0029.3%9.3%13.3%66.3%32.3%4.7%-1.3%4.6M-83.2M-2.8M0.359.23N/AN/A4,4121,529100,00579,959
2023-10-30$88.52$90.0026.9%8.8%14.6%56.0%31.2%4.4%-0.8%11.0M-157.1M-2.8M0.914.44N/AN/A1,03894798,96079,259
2023-10-31$87.90$90.0025.9%8.9%14.4%51.9%31.0%4.4%-0.7%9.1M-124.1M-2.7M0.679.01N/AN/A1,147765100,46679,465