TXT Options History — June 2013

In June 2013, TXT traded between $25.27 and $27.18. ATM implied volatility averaged 32.9%, placing in the 41.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 5.9% (HV 20d: 27.1%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2013-06-18: Highest Volume — 1,415 contracts
  • 2013-06-13: Largest IV spike — 12.3% change
  • 2013-06-24: Highest IV Rank — 53.8%
  • 2013-06-24: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.36$25.27$27.18$26.83$26.05
Max Pain$27.00$26.00$28.00$27.00$26.00
ATM IV32.9%26.9%37.9%29.0%36.5%
Expected Move9.7%8.3%10.9%8.3%10.5%
HV 20d27.1%22.0%28.7%25.6%28.2%
HV 60d40.7%39.7%41.2%40.0%41.2%
IV Rank41.3%26.0%53.8%31.3%50.5%
IV Percentile65.7%32.1%84.5%47.6%82.9%
Term Structure-1.3%-4.2%4.4%4.1%-4.2%
VWIV33.9%29.2%38.1%29.7%36.6%
Skew 25d3.7%2.8%4.6%4.2%4.6%
Skew 10d7.7%3.6%10.4%10.4%8.5%
Call IV 25d32.5%27.9%36.0%27.9%34.2%
Put IV 25d36.3%32.0%40.2%32.1%38.9%
Bid-Ask Spread %12.748.9021.1021.1011.36
Gamma HHI0.170.140.430.150.17
Net GEX123.5K-808.9K495.9K242.3K112.4K
Net DEX2.4M-4.6M10.2M277.1K1.2M
Net VEX-155.8K-168.3K-140.4K-166.1K-148.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.072.141.150.77
Total Volume805.352411,415565878
Total OI39,083.1527,43244,04040,82429,612

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-06-03$26.83$27.0029.0%8.3%25.6%31.3%29.7%4.2%4.1%242.3K277.1K-166.1K1.1521.1026330221,45319,371
2013-06-04$26.46$27.0030.1%8.6%22.0%34.2%29.2%4.0%3.6%156.9K3.0M-162.2K0.1615.6287414121,49419,482
2013-06-05$25.74$27.0030.3%8.7%23.9%34.7%30.5%3.4%4.2%10.4K8.2M-156.8K2.1417.7931567521,95119,528
2013-06-06$26.47$27.0030.3%8.7%26.1%34.6%30.8%3.3%4.4%140.4K3.4M-164.9K0.8916.2940736221,98119,874
2013-06-07$26.92$28.0026.9%9.4%26.5%26.0%32.3%3.5%-1.6%279.7K-570.4K-168.3K0.569.3240122422,17220,067
2013-06-10$26.91$27.0027.4%9.5%26.4%27.3%32.6%3.9%-1.8%292.7K-266.4K-163.7K0.668.901459622,30620,163
2013-06-11$26.65$27.0028.6%9.6%26.6%30.3%33.2%3.4%-1.9%230.6K1.6M-161.5K0.5712.1338822022,38020,143
2013-06-12$26.12$27.0030.7%9.9%27.3%35.6%34.2%3.9%-2.3%85.6K5.8M-158.5K0.6611.2633422222,42620,244
2013-06-13$26.60$27.0034.4%9.9%27.9%45.1%34.6%3.6%-2.5%205.3K2.0M-160.2K0.4715.4435016422,42620,346
2013-06-14$26.50$27.0035.2%10.1%27.9%47.0%34.9%3.1%-2.5%184.6K2.9M-158.2K0.469.8923210622,60820,404
2013-06-17$27.09$27.0034.6%9.9%27.8%45.6%34.3%3.6%-2.4%426.4K-3.0M-159.0K0.1813.4586315622,76720,412
2013-06-18$27.18$27.0034.3%9.8%27.9%44.9%34.2%3.5%-2.5%495.9K-4.6M-160.2K0.079.191,3179823,28220,486
2013-06-19$26.90$27.0033.3%9.5%28.0%42.2%33.2%2.8%-1.8%466.7K-2.1M-158.0K0.2714.3651013823,35620,569
2013-06-20$26.09$27.0037.0%10.6%28.2%51.7%38.1%3.6%-3.7%-83.8K7.0M-150.2K2.0811.1520542723,32220,438
2013-06-21$25.90$27.0035.1%10.1%28.2%46.7%36.7%3.6%-2.2%-808.9K10.2M-146.3K1.1611.4160570423,43020,610
2013-06-24$25.27$27.0037.9%10.9%28.7%53.8%37.6%4.3%-3.4%-62.0K5.5M-140.4K0.6012.5747028313,83013,602
2013-06-25$25.39$27.0036.6%10.5%28.3%50.5%35.0%4.4%-2.8%-46.8K5.0M-140.7K0.2512.3774318814,02413,727
2013-06-26$25.77$27.0035.4%10.2%27.3%47.6%35.7%3.9%-3.0%22.3K3.2M-144.0K0.3610.0176927614,57413,830
2013-06-27$26.38$27.0035.3%10.1%28.2%47.4%35.0%4.3%-3.1%118.7K-38.6K-149.4K0.3711.1791534115,01913,954
2013-06-28$26.05$26.0036.5%10.5%28.2%50.5%36.6%4.6%-4.2%112.4K1.2M-148.3K0.7711.3649638215,48414,128