TJX Options History — July 2025

In July 2025, TJX traded between $120.92 and $126.39. ATM implied volatility averaged 20.4%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 6.7% (HV 20d: 13.7%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.19.

Notable Days

2025-07-16: Highest Volume — 17,706 contracts
2025-07-10: Largest IV spike — 12.7% change
2025-07-29: Highest IV Rank — 41.3%
2025-07-16: Largest Expected Move — 5.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$124.69	$120.92	$126.39	$125.24	$124.95
Max Pain	$121.27	$120.00	$125.00	$125.00	$123.00
ATM IV	20.4%	16.6%	24.7%	17.1%	22.8%
Expected Move	5.3%	4.9%	5.6%	4.9%	5.5%
HV 20d	13.7%	12.5%	15.2%	14.6%	12.6%
HV 60d	18.5%	16.0%	24.7%	24.7%	16.2%
IV Rank	24.5%	9.7%	41.3%	11.7%	34.1%
IV Percentile	47.2%	19.8%	71.0%	26.2%	61.9%
Term Structure	0.3%	-4.5%	5.7%	-0.0%	-4.3%
VWIV	18.2%	16.9%	19.8%	17.8%	18.7%
Skew 25d	3.3%	-7.9%	13.8%	5.8%	3.2%
Skew 10d	8.2%	-1.9%	18.5%	13.8%	17.6%
Call IV 25d	17.6%	8.0%	24.3%	15.6%	24.3%
Put IV 25d	20.9%	14.3%	27.5%	21.4%	27.5%
Bid-Ask Spread %	42.37	12.13	79.02	55.08	17.98
Gamma HHI	0.12	0.09	0.15	0.15	0.09
Net GEX	9.1M	-10.4M	23.6M	16.0M	4.5M
Net DEX	-174.9M	-280.5M	8.0M	-220.6M	-151.4M
Net VEX	-2.7M	-2.9M	-2.5M	-2.8M	-2.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.19	0.41	5.00	0.82	0.94
Total Volume	6,418.409	2,551	17,706	7,647	3,097
Total OI	156,927.682	146,095	176,771	148,018	162,821

Daily Data (22 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
2025-07-01	$125.24	$125.00	17.1%	4.9%	14.6%	11.7%	17.8%	5.8%	-0.0%	16.0M	-220.6M	-2.8M	0.82	55.08	N/A	N/A	4,193	3,454	82,092	65,926
2025-07-02	$125.35	$125.00	16.6%	5.0%	14.7%	9.7%	17.5%	10.0%	0.8%	16.3M	-241.3M	-2.8M	0.46	65.80	N/A	N/A	4,161	1,915	82,837	67,097
2025-07-03	$126.02	$120.00	16.7%	5.1%	14.8%	10.3%	17.6%	2.8%	0.6%	21.0M	-280.5M	-2.7M	0.65	74.41	N/A	N/A	2,576	1,676	84,021	67,910
2025-07-07	$124.94	$120.00	18.0%	5.3%	14.8%	15.2%	17.4%	4.0%	0.5%	11.9M	-204.9M	-2.7M	0.41	23.23	N/A	N/A	2,890	1,179	82,367	65,518
2025-07-08	$125.12	$120.00	17.5%	5.1%	14.5%	13.3%	18.3%	2.6%	0.5%	13.5M	-211.9M	-2.7M	0.66	48.24	N/A	N/A	2,239	1,480	83,355	66,131
2025-07-09	$125.59	$120.00	16.9%	5.1%	13.4%	11.0%	17.5%	3.2%	0.8%	17.1M	-233.9M	-2.7M	1.32	23.68	N/A	N/A	1,493	1,969	84,499	66,692
2025-07-10	$124.68	$120.00	19.0%	5.0%	13.6%	19.4%	17.1%	2.8%	0.2%	10.5M	-187.1M	-2.6M	3.19	54.90	N/A	N/A	1,346	4,293	85,262	67,681
2025-07-11	$124.00	$120.00	17.0%	4.9%	13.1%	11.4%	16.9%	7.8%	-0.0%	3.4M	-153.8M	-2.6M	0.97	24.06	N/A	N/A	2,706	2,617	85,562	71,019
2025-07-14	$123.34	$120.00	17.3%	4.9%	13.2%	12.5%	17.3%	3.8%	5.7%	2.6M	-113.4M	-2.6M	1.68	60.79	N/A	N/A	2,804	4,714	84,633	70,555
2025-07-15	$122.36	$120.00	19.2%	5.5%	13.1%	20.0%	19.1%	4.1%	0.5%	-2.0M	-63.2M	-2.5M	1.33	19.33	N/A	N/A	2,933	3,913	85,837	74,170
2025-07-16	$120.92	$120.00	19.5%	5.6%	13.3%	21.3%	19.5%	4.0%	4.2%	-10.4M	8.0M	-2.5M	5.00	79.02	N/A	N/A	2,949	14,757	87,102	75,410
2025-07-17	$121.96	$120.00	19.6%	5.5%	13.3%	21.7%	18.5%	3.7%	3.9%	-10.3M	-18.3M	-2.6M	1.16	12.13	N/A	N/A	3,378	3,925	88,255	87,213
2025-07-18	$122.25	$120.00	20.6%	5.5%	13.3%	25.6%	17.6%	3.5%	4.0%	-4.2M	-42.9M	-2.7M	0.57	72.90	N/A	N/A	4,855	2,756	89,643	87,128
2025-07-21	$124.73	$120.00	22.6%	5.2%	15.2%	33.0%	18.9%	-7.9%	-1.0%	9.3M	-178.1M	-2.7M	1.32	49.86	N/A	N/A	4,449	5,859	73,582	72,513
2025-07-22	$125.79	$120.00	23.2%	5.3%	14.6%	35.4%	18.4%	13.8%	-0.9%	14.0M	-223.7M	-2.8M	0.44	27.43	N/A	N/A	4,044	1,774	75,893	76,767
2025-07-23	$126.28	$120.00	23.6%	5.4%	14.7%	37.2%	19.3%	-5.9%	-1.1%	16.7M	-254.7M	-2.8M	1.37	35.12	N/A	N/A	4,387	6,013	77,812	77,141
2025-07-24	$126.15	$123.00	24.0%	5.4%	12.9%	38.7%	18.9%	3.0%	-0.3%	16.6M	-243.9M	-2.9M	1.03	32.15	N/A	N/A	1,777	1,825	80,084	78,892
2025-07-25	$126.22	$123.00	23.8%	5.2%	12.8%	37.8%	17.4%	3.3%	-0.8%	23.6M	-251.0M	-2.8M	0.75	32.87	N/A	N/A	3,520	2,627	80,413	78,979
2025-07-28	$125.30	$123.00	24.5%	5.4%	13.1%	40.7%	18.0%	1.4%	-0.7%	8.2M	-169.9M	-2.8M	0.84	27.79	N/A	N/A	4,267	3,572	78,544	78,570
2025-07-29	$126.39	$123.00	24.7%	5.4%	13.3%	41.3%	19.7%	-1.4%	-1.3%	13.8M	-231.8M	-2.7M	0.56	26.58	N/A	N/A	2,741	1,531	79,983	80,627
2025-07-30	$125.51	$123.00	23.6%	5.5%	12.5%	37.2%	19.8%	4.0%	-4.5%	8.3M	-180.4M	-2.8M	0.61	68.78	N/A	N/A	1,585	966	80,780	81,093
2025-07-31	$124.95	$123.00	22.8%	5.5%	12.6%	34.1%	18.7%	3.2%	-4.3%	4.5M	-151.4M	-2.7M	0.94	17.98	N/A	N/A	1,595	1,502	81,180	81,641