TJX Options History — March 2024

In March 2024, TJX traded between $95.84 and $101.43. ATM implied volatility averaged 16.0%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.8% (HV 20d: 14.2%). Max pain ranged from $92.50 to $97.50. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.89.

Notable Days

2024-03-01: Highest Volume — 14,297 contracts
2024-03-25: Largest IV spike — 6.6% change
2024-03-05: Highest IV Rank — 26.3%
2024-03-05: Largest Expected Move — 5.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$98.06	$95.84	$101.43	$98.59	$101.43
Max Pain	$94.13	$92.50	$97.50	$97.50	$95.00
ATM IV	16.0%	14.8%	17.9%	16.9%	15.7%
Expected Move	4.6%	4.2%	5.0%	4.8%	4.2%
HV 20d	14.2%	13.4%	15.9%	14.0%	13.9%
HV 60d	14.2%	13.6%	14.9%	14.6%	14.2%
IV Rank	14.1%	6.1%	26.3%	19.7%	12.2%
IV Percentile	24.7%	9.1%	42.5%	35.3%	24.2%
Term Structure	-0.3%	-1.5%	0.7%	-0.2%	0.1%
VWIV	15.9%	14.3%	17.6%	16.9%	14.3%
Skew 25d	1.8%	1.1%	3.6%	1.9%	1.7%
Skew 10d	3.4%	2.6%	4.8%	3.0%	3.3%
Call IV 25d	15.1%	14.1%	17.2%	16.2%	14.1%
Put IV 25d	17.0%	15.7%	19.4%	18.2%	15.8%
Bid-Ask Spread %	18.01	5.44	61.31	34.51	15.08
Gamma HHI	0.14	0.10	0.36	0.11	0.14
Net GEX	12.8M	-21.7M	25.9M	5.5M	23.5M
Net DEX	-310.6M	-513.2M	-149.6M	-296.8M	-513.2M
Net VEX	-2.8M	-3.0M	-2.6M	-2.9M	-2.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.36	2.53	0.45	0.83
Total Volume	7,202.75	2,958	14,297	14,297	10,234
Total OI	189,839.15	176,599	210,740	210,740	188,561

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-03-01	$98.59	$97.50	16.9%	4.8%	14.0%	19.7%	16.9%	1.9%	-0.2%	5.5M	-296.8M	-2.9M	0.45	34.51	N/A	N/A	9,873	4,424	110,588	100,152
2024-03-04	$98.23	$92.50	17.3%	5.0%	13.8%	22.8%	17.5%	2.0%	-1.4%	11.7M	-285.0M	-3.0M	0.36	9.87	N/A	N/A	4,163	1,502	98,074	91,309
2024-03-05	$97.44	$92.50	17.9%	5.0%	13.5%	26.3%	17.6%	1.3%	-0.3%	7.0M	-237.2M	-3.0M	0.76	40.16	N/A	N/A	3,885	2,966	98,314	91,438
2024-03-06	$96.47	$92.50	17.8%	4.9%	13.9%	25.5%	17.0%	2.3%	-0.1%	238.2K	-177.0M	-2.9M	0.41	7.52	N/A	N/A	7,635	3,132	99,664	92,829
2024-03-07	$95.84	$92.50	17.0%	4.9%	13.6%	20.8%	17.2%	1.3%	-0.2%	-3.2M	-149.6M	-3.0M	0.86	11.86	N/A	N/A	5,452	4,676	103,356	92,490
2024-03-08	$95.97	$92.50	16.4%	4.9%	13.5%	16.8%	16.5%	1.8%	-0.3%	-21.7M	-163.6M	-3.0M	0.55	12.82	N/A	N/A	3,439	1,897	105,964	92,760
2024-03-11	$96.41	$92.50	17.2%	4.7%	13.4%	21.6%	16.9%	3.6%	-0.7%	5.7M	-202.6M	-2.9M	2.53	12.82	N/A	N/A	3,017	7,645	99,629	89,609
2024-03-12	$97.18	$92.50	16.3%	4.5%	13.6%	15.7%	16.1%	2.9%	-0.6%	8.3M	-256.5M	-2.9M	0.58	5.44	N/A	N/A	3,908	2,263	100,513	96,102
2024-03-13	$97.63	$92.50	15.4%	4.5%	13.7%	10.5%	15.7%	2.1%	0.2%	13.2M	-299.1M	-2.8M	0.47	10.85	N/A	N/A	5,296	2,499	101,439	96,685
2024-03-14	$98.44	$95.00	15.9%	4.6%	13.8%	13.4%	15.4%	1.8%	0.0%	20.3M	-358.6M	-2.8M	0.51	6.08	N/A	N/A	3,496	1,775	103,775	97,746
2024-03-15	$97.25	$95.00	16.0%	4.6%	14.0%	13.9%	15.9%	1.6%	-0.0%	12.5M	-273.7M	-2.8M	0.65	13.78	N/A	N/A	4,084	2,661	104,786	97,625
2024-03-18	$96.65	$95.00	15.0%	4.3%	14.2%	7.9%	15.1%	1.9%	0.6%	15.2M	-243.5M	-2.8M	0.69	13.41	N/A	N/A	4,108	2,815	92,971	83,628
2024-03-19	$98.06	$95.00	15.1%	4.3%	14.9%	8.3%	15.3%	1.8%	0.7%	19.8M	-336.8M	-2.8M	1.79	15.39	N/A	N/A	1,682	3,005	94,220	85,078
2024-03-20	$98.31	$95.00	14.8%	4.2%	14.8%	6.4%	14.9%	1.7%	-0.4%	21.3M	-352.7M	-2.8M	1.19	61.31	N/A	N/A	1,896	2,254	94,848	85,283
2024-03-21	$99.16	$95.00	14.8%	4.3%	14.7%	6.2%	15.2%	1.3%	-0.1%	24.6M	-402.9M	-2.8M	0.78	13.18	N/A	N/A	2,965	2,327	95,631	86,591
2024-03-22	$99.41	$95.00	14.8%	4.3%	14.7%	6.1%	15.0%	1.5%	-0.4%	23.8M	-416.8M	-2.7M	1.09	17.37	N/A	N/A	2,578	2,802	95,972	87,087
2024-03-25	$98.34	$95.00	15.7%	4.5%	15.1%	12.4%	15.4%	1.1%	-1.2%	20.4M	-345.1M	-2.7M	1.26	27.56	N/A	N/A	1,497	1,884	94,461	84,816
2024-03-26	$99.27	$95.00	15.0%	4.4%	14.4%	7.9%	15.1%	1.3%	0.4%	22.5M	-399.1M	-2.7M	0.69	16.48	N/A	N/A	1,754	1,204	94,974	85,756
2024-03-27	$101.15	$95.00	14.9%	4.2%	15.9%	7.0%	15.2%	1.6%	-1.5%	25.9M	-501.4M	-2.6M	1.30	14.67	N/A	N/A	4,942	6,420	95,508	86,551
2024-03-28	$101.43	$95.00	15.7%	4.2%	13.9%	12.2%	14.3%	1.7%	0.1%	23.5M	-513.2M	-2.6M	0.83	15.08	N/A	N/A	5,587	4,647	97,208	91,353