TJX Options History — January 2025

In January 2025, TJX traded between $118.97 and $125.42. ATM implied volatility averaged 18.4%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.8% (HV 20d: 14.7%). Max pain ranged from $105.00 to $125.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 1.08.

Notable Days

  • 2025-01-27: Highest Volume — 32,896 contracts
  • 2025-01-27: Largest IV spike — 15.7% change
  • 2025-01-29: Highest IV Rank — 49.3%
  • 2025-01-13: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$122.00$118.97$125.42$121.18$124.88
Max Pain$120.85$105.00$125.00$105.00$124.00
ATM IV18.4%15.3%22.9%17.4%22.7%
Expected Move4.8%4.3%5.4%5.0%4.5%
HV 20d14.7%13.3%15.9%13.9%13.3%
HV 60d15.2%15.0%15.5%15.5%15.0%
IV Rank25.4%8.9%49.3%19.8%48.1%
IV Percentile51.0%22.6%73.4%52.4%72.2%
Term Structure0.8%-3.4%6.1%0.3%-0.9%
VWIV16.6%14.4%19.1%17.7%15.5%
Skew 25d1.5%-8.9%4.6%1.6%2.8%
Skew 10d5.0%0.9%12.6%1.2%7.0%
Call IV 25d17.0%9.7%22.3%16.9%22.3%
Put IV 25d18.5%11.6%25.1%18.4%25.1%
Bid-Ask Spread %29.2210.7266.7110.7230.46
Gamma HHI0.180.140.300.170.30
Net GEX26.5M3.7M100.2M11.3M100.2M
Net DEX-410.8M-576.7M-222.7M-481.7M-415.4M
Net VEX-2.4M-3.0M-2.2M-2.3M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.114.770.771.58
Total Volume11,317.552,72632,8962,7267,055
Total OI183,718.75118,858221,249199,216179,558

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$121.18$105.0017.4%5.0%13.9%19.8%17.7%1.6%0.3%11.3M-481.7M-2.3M0.7710.72N/AN/A1,5361,190100,42898,788
2025-01-03$120.91$105.0016.7%4.6%13.5%16.0%18.4%2.5%0.7%9.8M-478.5M-2.2M1.5252.66N/AN/A1,3172,006100,89999,208
2025-01-06$120.57$125.0017.3%5.1%13.3%19.6%17.8%2.8%-1.0%8.2M-464.9M-2.2M0.7626.48N/AN/A1,8141,38299,54097,309
2025-01-07$120.24$125.0017.3%5.2%13.3%19.4%17.7%2.7%1.3%7.7M-439.5M-2.2M0.1142.22N/AN/A4,344474100,22997,984
2025-01-08$121.81$125.0017.6%5.2%14.4%21.1%18.2%2.4%0.2%15.5M-526.2M-2.2M0.6623.34N/AN/A2,0261,341102,41898,110
2025-01-10$120.00$125.0018.5%5.4%14.6%25.9%19.1%3.5%1.7%4.1M-441.8M-2.2M2.7520.62N/AN/A1,8425,062103,04998,844
2025-01-13$119.51$125.0019.1%5.4%14.6%29.2%17.8%-0.1%-0.3%4.4M-411.0M-2.2M0.4426.36N/AN/A10,7024,728103,07799,279
2025-01-14$118.97$125.0019.1%5.2%14.6%29.0%18.2%1.8%-0.9%3.7M-390.8M-2.2M1.2128.68N/AN/A1,5641,888112,183102,439
2025-01-15$119.25$125.0017.8%4.8%14.5%22.0%16.8%1.1%-1.3%5.7M-402.3M-2.2M1.3423.55N/AN/A2,1652,904112,780103,140
2025-01-16$121.42$120.0016.7%4.6%15.6%16.0%15.7%4.6%-0.8%14.1M-531.3M-2.2M0.3622.24N/AN/A17,5736,317113,795103,715
2025-01-17$121.97$120.0016.0%4.7%15.8%12.1%16.7%-3.5%1.0%17.8M-576.7M-2.2M0.4425.85N/AN/A16,1657,171116,482104,767
2025-01-21$123.13$120.0015.3%4.4%15.6%8.9%14.5%2.5%5.4%14.4M-234.0M-2.2M0.2157.82N/AN/A13,6652,85567,81151,047
2025-01-22$122.14$120.0015.4%4.4%15.8%9.4%17.8%2.2%5.6%18.8M-222.7M-2.4M4.7721.58N/AN/A2,89813,82681,36453,157
2025-01-23$122.61$120.0016.2%4.3%15.6%13.5%14.4%2.0%6.1%19.2M-234.8M-2.5M1.0424.03N/AN/A1,9662,05183,12361,818
2025-01-24$122.61$120.0017.5%4.4%15.4%20.6%15.2%1.8%6.0%19.7M-249.1M-2.5M0.2218.73N/AN/A20,9934,66785,14162,494
2025-01-27$124.70$120.0020.3%4.3%15.9%35.3%14.5%3.6%-0.9%64.9M-420.7M-2.7M0.1121.11N/AN/A29,5103,38698,28362,142
2025-01-28$124.41$122.0021.8%4.5%15.2%43.3%15.4%-8.9%-1.6%60.7M-413.6M-2.9M0.9613.40N/AN/A3,7353,590105,82464,256
2025-01-29$124.31$123.0022.9%4.5%14.9%49.3%15.9%0.9%-0.4%59.0M-392.5M-2.9M1.8566.71N/AN/A2,7695,129106,86566,242
2025-01-30$125.42$123.0022.8%4.6%13.6%48.8%15.5%4.6%-3.4%71.5M-487.7M-3.0M0.5027.77N/AN/A8,5084,237107,18969,598
2025-01-31$124.88$124.0022.7%4.5%13.3%48.1%15.5%2.8%-0.9%100.2M-415.4M-3.0M1.5830.46N/AN/A2,7334,322108,66670,892