TXT Options History — February 2007

Name: TXT Options Analytics - February 2007
Creator: Options Analysis Suite

In February 2007, TXT traded between $45.41 and $49.03. ATM implied volatility averaged 22.1%. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 0.2% (HV 20d: 22.3%). Max pain ranged from $45.00 to $47.50. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 2.22.

Notable Days

2007-02-28: Highest Volume — 6,906 contracts
2007-02-27: Largest IV spike — 51.8% change
2007-02-27: Largest Expected Move — 9.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.88	$45.41	$49.03	$47.08	$46.13
Max Pain	$45.26	$45.00	$47.50	$47.50	$47.50
ATM IV	22.1%	19.9%	33.5%	21.3%	27.5%
Expected Move	6.4%	5.7%	9.6%	6.1%	7.9%
HV 20d	22.3%	16.5%	24.4%	23.7%	22.7%
Term Structure	-0.1%	-5.1%	1.2%	0.0%	-1.6%
VWIV	23.1%	20.8%	32.5%	22.7%	27.1%
Skew 25d	3.3%	2.1%	4.4%	3.6%	2.1%
Skew 10d	5.8%	3.1%	7.2%	7.2%	3.1%
Call IV 25d	20.9%	19.4%	30.9%	20.5%	25.6%
Put IV 25d	24.2%	22.7%	33.9%	24.1%	27.7%
Bid-Ask Spread %	16.83	8.29	40.44	25.55	17.41
Gamma HHI	0.41	0.23	0.72	0.68	0.31
Net GEX	-504.3K	-5.6M	1.7M	-4.9M	-342.1K
Net DEX	-22.9M	-49.1M	11.3M	6.6M	5.4M
Net VEX	-176.2K	-259.2K	-139.0K	-259.2K	-168.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.22	0.11	8.11	0.72	2.50
Total Volume	2,098	182	6,906	1,250	6,906
Total OI	48,684	29,896	60,854	60,150	37,048

Daily Data (19 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 Vol	Put Vol	Call OI	Put OI
2007-02-01	$47.08	$47.50	21.3%	6.1%	23.7%	0.0%	22.7%	3.6%	0.0%	-4.9M	6.6M	-259.2K	0.72	25.55	726	524	17,908	42,242
2007-02-02	$46.83	$45.00	20.1%	6.1%	23.6%	0.0%	20.8%	3.3%	-0.2%	-5.6M	11.3M	-252.9K	7.69	14.59	588	4,522	18,104	42,570
2007-02-05	$46.92	$45.00	21.4%	6.2%	23.6%	0.0%	23.0%	3.6%	0.2%	-5.5M	9.8M	-243.0K	8.11	12.67	74	600	18,246	42,608
2007-02-06	$47.51	$45.00	21.2%	6.2%	24.0%	0.0%	21.0%	3.3%	-0.1%	-2.9M	-11.2M	-211.7K	0.85	18.60	476	406	18,298	38,464
2007-02-07	$48.17	$45.00	21.2%	6.2%	24.4%	0.0%	22.9%	3.2%	-0.0%	-1.1M	-27.3M	-193.0K	2.53	8.36	196	496	18,566	38,562
2007-02-08	$48.26	$45.00	21.6%	6.2%	24.4%	0.0%	22.4%	3.1%	0.1%	-770.8K	-29.2M	-188.7K	1.00	8.29	624	622	18,590	38,552
2007-02-09	$48.18	$45.00	21.5%	6.2%	23.5%	0.0%	22.3%	3.0%	-0.1%	-890.9K	-28.8M	-182.1K	4.01	11.38	202	810	18,592	38,608
2007-02-12	$48.27	$45.00	22.0%	6.3%	23.5%	0.0%	23.4%	3.5%	-0.4%	-387.9K	-31.5M	-168.2K	1.22	10.93	182	222	18,520	38,918
2007-02-13	$48.88	$45.00	20.7%	5.9%	23.6%	0.0%	21.5%	2.9%	0.2%	1.3M	-43.2M	-151.6K	0.19	13.10	2,354	436	18,530	39,004
2007-02-14	$48.87	$45.00	20.2%	5.8%	23.3%	0.0%	22.4%	2.8%	0.6%	1.6M	-46.2M	-153.4K	0.20	18.22	2,166	432	19,624	39,266
2007-02-15	$48.85	$45.00	20.1%	5.8%	23.3%	0.0%	21.9%	3.0%	0.7%	1.7M	-49.1M	-159.3K	0.65	17.61	110	72	20,812	39,248
2007-02-16	$48.65	$45.00	21.7%	6.2%	20.8%	0.0%	22.4%	3.2%	-0.3%	1.2M	-47.2M	-148.3K	1.61	18.03	264	426	20,108	38,854
2007-02-20	$49.03	$45.00	20.1%	5.7%	20.9%	0.0%	23.5%	3.2%	0.9%	1.4M	-40.2M	-139.0K	0.93	8.89	576	534	15,770	14,126
2007-02-21	$48.90	$45.00	19.9%	5.7%	20.7%	0.0%	22.4%	3.0%	1.2%	1.4M	-38.4M	-139.8K	2.70	19.17	66	178	15,866	14,160
2007-02-22	$48.15	$45.00	21.9%	6.3%	21.3%	0.0%	22.0%	4.4%	0.2%	1.3M	-30.0M	-143.2K	0.85	18.34	892	754	15,900	14,152
2007-02-23	$48.08	$45.00	21.7%	6.2%	16.6%	0.0%	21.4%	3.8%	0.4%	1.3M	-29.3M	-144.2K	0.11	18.55	1,898	202	16,152	14,190
2007-02-26	$47.58	$45.00	22.1%	6.3%	16.5%	0.0%	22.6%	4.1%	0.8%	1.3M	-22.9M	-145.9K	0.84	19.56	1,878	1,582	16,834	14,312
2007-02-27	$45.41	$45.00	33.5%	9.6%	23.2%	0.0%	32.5%	2.9%	-5.1%	298.1K	6.1M	-155.7K	5.51	40.44	1,054	5,812	18,146	15,546
2007-02-28	$46.13	$47.50	27.5%	7.9%	22.7%	0.0%	27.1%	2.1%	-1.6%	-342.1K	5.4M	-168.5K	2.50	17.41	1,974	4,932	18,384	18,664