TJX Options History — May 2024

In May 2024, TJX traded between $94.02 and $103.62. ATM implied volatility averaged 20.3%, placing in the 41.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 4.3% (HV 20d: 16.0%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2024-05-22: Highest Volume — 87,052 contracts
  • 2024-05-22: Largest IV drop — 27.5% change
  • 2024-05-14: Highest IV Rank — 66.9%
  • 2024-05-20: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$99.07$94.02$103.62$94.02$103.62
Max Pain$95.00$95.00$95.00$95.00$95.00
ATM IV20.3%14.0%24.2%23.6%15.3%
Expected Move5.4%3.9%6.4%5.4%4.1%
HV 20d16.0%12.9%20.5%15.5%19.3%
HV 60d16.0%15.0%17.4%15.0%17.3%
IV Rank41.9%1.2%66.9%63.2%9.3%
IV Percentile58.0%1.2%85.7%78.2%20.2%
Term Structure-0.3%-3.9%6.0%-0.4%0.9%
VWIV19.1%14.1%22.5%18.5%14.3%
Skew 25d1.3%-5.5%5.8%1.0%-5.5%
Skew 10d3.7%-4.0%10.5%1.6%-4.0%
Call IV 25d20.4%13.1%25.5%24.5%21.1%
Put IV 25d21.7%14.5%28.6%25.5%15.6%
Bid-Ask Spread %41.6113.8273.6563.6438.83
Gamma HHI0.180.070.580.070.24
Net GEX21.2M1.3M60.9M1.3M36.3M
Net DEX-319.3M-499.3M-74.1M-74.1M-499.3M
Net VEX-2.6M-2.7M-2.4M-2.7M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.141.520.231.15
Total Volume15,388.5912,85487,0523,74314,874
Total OI176,810.818159,557226,490162,830191,554

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$94.02$95.0023.6%5.4%15.5%63.2%18.5%1.0%-0.4%1.3M-74.1M-2.7M0.2363.64N/AN/A3,03970483,23079,600
2024-05-02$94.59$95.0023.7%5.3%14.3%63.6%18.3%-0.3%0.0%3.3M-109.4M-2.7M0.5520.35N/AN/A3,9232,14784,86879,930
2024-05-03$95.37$95.0021.9%4.9%14.1%52.3%18.0%0.4%-0.2%7.2M-152.9M-2.7M1.2767.69N/AN/A2,9463,74086,74880,914
2024-05-06$97.15$95.0023.2%6.2%15.6%60.5%22.0%1.5%-0.9%12.9M-244.4M-2.7M0.6513.82N/AN/A2,5921,69184,64077,902
2024-05-07$97.87$95.0021.9%6.2%15.6%51.8%21.6%-0.4%-3.9%14.6M-274.6M-2.6M1.4324.39N/AN/A2,7653,95484,97178,865
2024-05-08$98.45$95.0022.3%6.3%15.5%54.6%22.2%2.1%-0.6%16.1M-304.6M-2.6M0.5925.75N/AN/A3,3191,95685,62479,865
2024-05-09$99.06$95.0022.6%6.1%15.4%56.5%21.1%0.7%0.2%19.8M-345.0M-2.6M0.8221.94N/AN/A2,0101,63987,16980,237
2024-05-10$98.68$95.0021.3%6.2%13.9%48.2%21.8%0.9%2.0%17.9M-322.1M-2.6M1.2655.51N/AN/A1,5962,01087,36581,145
2024-05-13$98.80$95.0023.5%6.2%13.0%62.5%21.8%1.8%-2.1%18.0M-319.0M-2.6M0.7017.60N/AN/A1,6811,17386,12080,064
2024-05-14$99.07$95.0024.2%6.2%12.9%66.9%21.7%-2.3%-3.0%19.0M-326.3M-2.6M0.1920.34N/AN/A13,3602,59886,60580,616
2024-05-15$98.25$95.0022.9%6.4%13.2%58.4%22.5%5.8%-1.2%13.3M-263.6M-2.6M1.2918.62N/AN/A1,4081,82384,54981,685
2024-05-16$99.03$95.0022.3%6.1%13.1%54.9%21.4%2.6%-1.1%18.7M-303.7M-2.5M0.5457.84N/AN/A4,7852,56185,33582,582
2024-05-17$100.13$95.0022.2%6.1%13.3%54.1%21.5%3.5%-1.4%60.9M-388.1M-2.5M0.9061.16N/AN/A4,8854,39388,34884,303
2024-05-20$97.91$95.0022.6%6.4%15.7%56.8%22.3%2.3%-0.9%10.7M-248.7M-2.6M0.7834.01N/AN/A6,3494,95682,95576,602
2024-05-21$97.69$95.0021.8%6.3%15.8%51.7%22.2%3.4%6.0%11.2M-245.9M-2.6M0.9852.82N/AN/A26,91226,33785,40578,936
2024-05-22$101.05$95.0015.8%4.5%19.5%13.0%15.3%1.7%-0.2%39.2M-495.4M-2.4M0.7549.45N/AN/A49,62037,432106,25497,994
2024-05-23$100.03$95.0015.3%4.3%19.5%9.9%15.5%1.9%0.7%14.0M-333.6M-2.6M1.5273.65N/AN/A11,45717,398109,890108,031
2024-05-24$101.95$95.0014.0%3.9%20.5%1.2%14.1%1.5%0.8%57.1M-498.5M-2.5M1.2950.21N/AN/A8,20510,576112,931113,559
2024-05-28$101.62$95.0015.0%4.1%19.2%7.7%14.3%1.8%0.4%15.4M-379.7M-2.5M0.1851.01N/AN/A13,3842,46293,01690,011
2024-05-29$101.78$95.0016.4%4.2%18.8%17.0%14.6%2.6%-0.7%19.0M-397.9M-2.4M0.3151.35N/AN/A5,1571,58198,50290,905
2024-05-30$103.47$95.0015.0%4.3%19.2%7.9%15.0%1.6%-0.3%41.6M-498.3M-2.5M0.1445.55N/AN/A20,3182,83398,46791,546
2024-05-31$103.62$95.0015.3%4.1%19.3%9.3%14.3%-5.5%0.9%36.3M-499.3M-2.4M1.1538.83N/AN/A6,9277,94799,28292,272