TSM Options History — October 2024

In October 2024, TSM traded between $172.01 and $207.48. ATM implied volatility averaged 42.0%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 3.5% (HV 20d: 45.4%). Max pain ranged from $165.00 to $175.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.72.

Notable Days

  • 2024-10-17: Highest Volume — 932,500 contracts
  • 2024-10-17: Largest IV drop — 10.2% change
  • 2024-10-07: Highest IV Rank — 66.3%
  • 2024-10-02: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$191.28$172.01$207.48$172.01$190.87
Max Pain$172.17$165.00$175.00$165.00$175.00
ATM IV42.0%38.1%46.4%44.2%42.0%
Expected Move12.2%10.8%14.1%14.0%13.1%
HV 20d45.4%38.3%52.8%43.8%49.4%
HV 60d46.9%43.3%49.3%48.5%43.5%
IV Rank54.2%43.8%66.3%60.4%54.3%
IV Percentile71.5%55.2%92.1%84.1%69.4%
Term Structure-0.6%-2.0%1.8%1.4%-0.5%
VWIV43.4%38.7%51.0%51.0%46.2%
Skew 25d2.1%0.9%3.4%3.4%2.0%
Skew 10d5.2%2.6%7.3%7.3%5.9%
Call IV 25d41.1%37.7%45.6%42.4%41.3%
Put IV 25d43.2%39.0%48.5%45.7%43.3%
Bid-Ask Spread %7.012.1518.134.105.56
Gamma HHI0.080.070.130.070.08
Net GEX110.6M37.3M213.6M37.3M64.4M
Net DEX-5.60B-9.34B-2.57B-2.57B-4.41B
Net VEX-25.5M-29.5M-21.2M-25.4M-29.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.331.160.870.57
Total Volume165,594.34857,713932,50077,661152,345
Total OI1,530,129.2611,409,5631,788,2611,409,5631,642,616

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$172.01$165.0044.2%14.0%43.8%60.4%51.0%3.4%1.4%37.3M-2.57B-25.4M0.874.1041,58936,072582,440827,123
2024-10-02$176.64$165.0044.0%14.1%44.6%59.7%49.6%2.8%1.4%72.2M-3.44B-26.3M0.402.8663,76525,551593,105834,524
2024-10-03$179.43$170.0044.6%12.8%44.6%61.3%45.2%2.6%1.4%102.4M-4.14B-25.5M0.5912.6264,73838,148606,604842,426
2024-10-04$180.75$170.0042.6%12.2%41.8%56.0%42.7%2.7%1.8%111.7M-4.40B-25.1M0.8318.1343,27335,750608,445849,115
2024-10-07$183.57$170.0046.4%13.0%40.8%66.3%45.3%2.9%-1.3%95.6M-4.79B-24.3M0.7913.4350,00239,518587,705829,661
2024-10-08$185.97$170.0046.3%12.8%40.8%65.9%45.4%2.4%-1.9%113.9M-5.17B-24.8M0.5913.6552,81131,002598,136845,760
2024-10-09$186.50$170.0044.2%12.2%38.6%60.2%42.6%2.9%-1.7%144.5M-5.42B-23.6M0.7010.7843,22930,326622,365857,815
2024-10-10$185.76$170.0043.7%12.2%38.7%58.9%44.1%3.2%-1.4%134.9M-5.22B-23.8M1.0512.7328,13729,576629,216865,781
2024-10-11$190.97$170.0041.9%11.8%39.5%54.1%41.4%3.0%-1.2%143.3M-6.31B-22.6M0.524.81101,50253,132631,938869,385
2024-10-14$193.11$170.0041.4%11.8%38.3%52.8%42.5%1.9%-0.3%123.4M-6.37B-21.8M1.0713.9655,26659,164589,075834,883
2024-10-15$186.75$170.0044.8%12.8%40.3%61.8%44.6%2.7%-1.0%97.7M-4.99B-24.0M1.144.8475,83186,780598,539860,246
2024-10-16$186.78$175.0045.1%12.9%40.3%62.7%46.0%2.2%-0.9%78.8M-4.91B-24.0M1.144.07111,343127,437617,186902,411
2024-10-17$207.48$175.0040.5%11.6%51.5%50.3%42.7%0.9%0.7%164.0M-9.34B-21.2M0.524.33612,345320,155657,230957,464
2024-10-18$201.18$175.0038.3%10.9%52.8%44.4%39.1%1.3%1.0%96.4M-7.80B-25.9M0.803.91172,536138,670760,1561,028,105
2024-10-21$201.44$175.0038.8%11.0%52.8%45.8%40.0%1.4%-1.6%124.2M-6.66B-25.4M0.595.0378,63846,153659,116849,726
2024-10-22$198.88$175.0038.1%10.8%51.4%43.8%38.7%1.1%-1.6%106.0M-5.97B-27.3M1.163.8657,90367,143677,689871,266
2024-10-23$200.48$175.0040.0%11.4%51.3%49.0%40.5%1.2%-1.6%119.1M-6.35B-27.5M0.334.40129,22142,982690,310903,375
2024-10-24$198.22$175.0039.9%11.7%50.6%48.8%40.8%1.5%-1.9%97.3M-5.97B-27.0M0.417.5569,49528,492713,949910,820
2024-10-25$204.01$175.0039.4%11.5%46.9%47.4%40.6%1.7%-2.0%213.6M-7.44B-27.2M0.512.33116,86160,149721,484915,947
2024-10-28$195.41$175.0039.5%12.0%48.5%47.6%42.1%1.9%-0.6%83.6M-5.39B-27.2M0.693.84111,13076,773656,065876,576
2024-10-29$198.60$175.0039.1%12.0%48.5%46.5%42.2%1.6%-0.4%123.2M-6.30B-27.3M0.582.1568,11139,548693,308905,175
2024-10-30$194.61$175.0040.1%12.5%48.8%49.1%44.7%1.6%-0.7%95.3M-5.32B-28.7M0.682.4157,19638,882703,528915,184
2024-10-31$190.87$175.0042.0%13.1%49.4%54.3%46.2%2.0%-0.5%64.4M-4.41B-29.5M0.575.5697,19155,154720,030922,586