TJX Options History — February 2024

In February 2024, TJX traded between $96.56 and $101.20. ATM implied volatility averaged 23.5%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 9.7% (HV 20d: 13.8%). Max pain ranged from $97.50 to $97.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.58.

Notable Days

  • 2024-02-27: Highest Volume — 31,909 contracts
  • 2024-02-28: Largest IV drop — 17.0% change
  • 2024-02-21: Highest IV Rank — 69.9%
  • 2024-02-27: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.28$96.56$101.20$96.81$99.13
Max Pain$97.50$97.50$97.50$97.50$97.50
ATM IV23.5%16.5%25.9%22.4%16.5%
Expected Move6.9%4.9%8.1%6.1%4.9%
HV 20d13.8%12.9%15.3%14.4%15.3%
HV 60d15.0%13.9%16.4%16.1%14.6%
IV Rank54.3%17.1%69.9%45.4%17.1%
IV Percentile73.1%32.1%90.5%63.5%32.1%
Term Structure-1.2%-5.5%1.3%-1.1%1.3%
VWIV24.3%17.6%28.6%21.5%17.6%
Skew 25d2.5%1.5%3.3%2.8%1.5%
Skew 10d5.2%3.1%9.4%5.4%3.2%
Call IV 25d22.7%16.3%25.0%21.6%16.5%
Put IV 25d25.2%18.0%27.8%24.4%18.0%
Bid-Ask Spread %17.097.3562.3518.0962.35
Gamma HHI0.130.090.200.090.18
Net GEX19.0M-574.7K28.6M23.8M18.9M
Net DEX-363.7M-488.7M-257.0M-338.1M-339.6M
Net VEX-2.9M-3.0M-2.8M-3.0M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.151.360.830.90
Total Volume12,110.94,95231,9094,97425,209
Total OI185,736.2166,582202,509182,335202,509

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$96.81$97.5022.4%6.1%14.4%45.4%21.5%2.8%-1.1%23.8M-338.1M-3.0M0.8318.09N/AN/A2,7252,24994,52787,808
2024-02-02$97.63$97.5022.7%6.1%14.2%46.5%21.8%2.5%-0.6%24.4M-399.4M-2.9M1.3615.94N/AN/A4,8706,61495,06288,622
2024-02-05$96.56$97.5023.3%6.2%13.9%49.7%22.8%2.9%-1.5%17.9M-295.7M-3.0M1.2914.96N/AN/A3,5274,56092,87389,898
2024-02-06$96.84$97.5023.0%6.3%13.5%48.2%22.6%2.7%-0.7%19.0M-317.9M-2.9M0.3912.53N/AN/A4,8011,87094,15191,759
2024-02-07$97.82$97.5023.1%6.4%13.8%49.0%21.8%2.3%-0.8%25.2M-387.9M-3.0M0.377.35N/AN/A5,8032,16896,21092,070
2024-02-08$98.23$97.5023.7%6.6%13.4%52.0%22.6%2.5%-1.1%26.6M-416.8M-3.0M0.5912.68N/AN/A4,7122,80097,49692,400
2024-02-09$98.77$97.5023.9%6.6%13.2%53.2%23.5%2.5%-1.4%24.0M-456.7M-2.9M1.1110.05N/AN/A3,9544,40198,43493,409
2024-02-12$98.07$97.5025.3%7.2%13.6%60.6%24.9%3.1%-2.1%20.5M-383.1M-2.9M0.6410.57N/AN/A4,7883,08096,31093,964
2024-02-13$97.84$97.5025.4%7.2%13.5%61.3%25.6%3.3%-1.5%22.6M-376.2M-3.0M0.158.64N/AN/A12,1301,84398,59394,447
2024-02-14$97.22$97.5024.8%7.1%12.9%58.0%25.4%3.1%-0.9%11.7M-257.0M-3.0M0.4417.00N/AN/A3,5811,58590,09195,730
2024-02-15$98.19$97.5025.3%7.3%13.2%64.5%25.6%3.0%-1.8%19.5M-330.1M-3.0M0.419.58N/AN/A8,3903,46892,22496,381
2024-02-16$98.03$97.5025.7%7.5%13.2%68.5%26.2%2.8%-2.0%-574.7K-339.0M-3.0M0.299.57N/AN/A5,0421,48495,27999,118
2024-02-20$97.35$97.5025.9%7.8%13.5%69.9%27.2%2.8%-0.6%11.9M-272.6M-3.0M0.5215.06N/AN/A3,2661,68684,97281,610
2024-02-21$98.02$97.5025.9%8.1%13.6%69.9%28.0%2.3%-1.4%14.1M-311.6M-2.9M0.1913.58N/AN/A13,8902,59886,76782,568
2024-02-22$98.97$97.5025.3%8.0%13.9%66.4%27.9%2.2%-5.5%22.3M-382.9M-2.9M0.4116.28N/AN/A5,9232,42694,77784,475
2024-02-23$99.34$97.5024.0%7.5%13.9%65.5%26.0%2.1%-1.1%17.2M-396.3M-3.0M0.3823.06N/AN/A9,1993,50095,95486,201
2024-02-26$99.06$97.5024.2%8.1%13.8%67.1%28.3%2.2%-1.1%14.1M-353.3M-2.9M0.4922.68N/AN/A7,1563,48590,30985,844
2024-02-27$100.60$97.5021.2%8.1%14.7%47.7%28.6%1.9%0.5%17.7M-431.7M-3.0M0.5418.14N/AN/A20,77811,13195,34288,053
2024-02-28$101.20$97.5017.6%5.1%14.7%24.5%18.0%2.1%-1.4%28.6M-488.7M-2.8M0.3923.69N/AN/A22,6728,854104,51093,977
2024-02-29$99.13$97.5016.5%4.9%15.3%17.1%17.6%1.5%1.3%18.9M-339.6M-2.8M0.9062.35N/AN/A13,29111,918107,20395,306