TXT Options History — August 2013

In August 2013, TXT traded between $26.65 and $28.98. ATM implied volatility averaged 26.0%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 0.4% (HV 20d: 26.4%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.95.

Notable Days

  • 2013-08-05: Highest Volume — 6,047 contracts
  • 2013-08-05: Largest IV spike — 11.4% change
  • 2013-08-27: Highest IV Rank — 31.8%
  • 2013-08-27: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.81$26.65$28.98$28.60$26.94
Max Pain$26.95$26.00$28.00$28.00$27.00
ATM IV26.0%23.2%28.0%24.6%27.8%
Expected Move7.7%6.7%8.0%7.0%8.0%
HV 20d26.4%24.5%28.9%25.5%25.4%
HV 60d26.1%25.4%27.1%25.6%25.6%
IV Rank26.1%18.4%31.8%22.3%31.1%
IV Percentile32.7%13.1%52.0%19.0%51.2%
Term Structure3.6%0.5%4.9%0.5%4.8%
VWIV27.6%24.8%30.1%25.4%29.3%
Skew 25d3.0%-0.2%3.8%-0.2%3.5%
Skew 10d5.6%0.8%7.2%0.8%6.4%
Call IV 25d26.4%25.0%27.4%25.7%27.3%
Put IV 25d29.4%24.9%31.1%25.5%30.8%
Bid-Ask Spread %13.4410.3017.5515.4214.47
Gamma HHI0.190.140.260.230.15
Net GEX740.3K110.6K1.6M1.1M175.1K
Net DEX-10.8M-22.7M426.3K-14.6M-1.9M
Net VEX-179.6K-191.5K-158.8K-159.5K-175.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.045.390.130.09
Total Volume1,167.7271866,047807591
Total OI43,607.538,15948,34338,15944,182

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-08-01$28.60$28.0024.6%7.0%25.5%22.3%25.4%-0.2%0.5%1.1M-14.6M-159.5K0.1315.427159221,27516,884
2013-08-02$28.73$28.0023.2%6.7%24.7%18.4%24.8%-0.1%1.8%1.2M-15.7M-160.5K0.8411.431149621,67216,905
2013-08-05$28.98$26.0025.8%7.8%24.7%25.8%27.5%2.2%3.3%1.3M-19.4M-158.8K0.0610.305,69235521,70216,889
2013-08-06$28.46$26.0025.4%7.9%25.1%24.5%27.4%2.8%3.3%1.2M-17.4M-187.3K0.6811.3273550126,73517,045
2013-08-07$28.17$26.0025.3%8.0%25.1%24.2%28.4%3.2%3.1%1.0M-14.7M-186.4K2.2713.6540291327,09217,416
2013-08-08$28.21$27.0024.1%7.8%24.5%20.9%27.1%3.4%3.8%1.1M-15.0M-187.3K0.0413.561,1794927,26317,980
2013-08-09$28.00$27.0023.3%7.8%24.6%18.6%28.4%3.4%3.4%973.5K-14.0M-191.5K0.8312.9941534528,18218,015
2013-08-12$27.71$27.0025.7%7.8%24.9%25.3%29.0%3.4%3.5%604.3K-10.4M-182.2K1.0113.2846446828,25918,129
2013-08-13$28.76$27.0025.9%7.6%28.2%26.0%27.1%2.5%3.8%1.6M-22.7M-189.1K0.2814.281,30336428,46918,415
2013-08-14$28.31$27.0025.2%7.8%28.9%23.9%28.3%3.3%3.3%1.2M-18.1M-188.5K0.7012.3786360329,03018,623
2013-08-15$27.86$27.0027.1%7.8%28.7%29.1%27.8%2.8%3.5%775.4K-12.4M-185.5K0.7613.3337428429,33219,011
2013-08-16$27.60$27.0026.3%7.5%28.6%27.0%28.1%3.7%3.9%617.6K-8.5M-180.5K1.2111.6746756329,11819,100
2013-08-19$27.25$27.0027.5%7.9%28.1%30.4%28.2%3.4%3.6%508.1K-7.0M-174.7K1.4111.0629141023,07616,419
2013-08-20$27.20$27.0026.9%7.7%28.1%28.6%26.6%3.5%3.7%474.6K-6.2M-175.1K2.5317.5535790423,25916,772
2013-08-21$27.26$27.0027.4%7.8%25.5%30.0%28.4%3.6%3.7%467.8K-6.4M-179.6K5.3914.453782,03723,53817,525
2013-08-22$27.55$27.0026.0%7.5%25.9%26.3%26.4%3.8%4.1%395.1K-7.2M-185.3K0.1114.757718223,61019,178
2013-08-23$27.75$27.0025.4%7.3%25.8%24.4%26.3%3.4%4.8%502.6K-9.8M-189.5K0.7313.3935725924,19519,224
2013-08-26$27.61$27.0025.4%7.3%25.9%24.6%26.2%3.5%4.9%461.4K-8.6M-182.8K0.6415.2246229424,21719,355
2013-08-27$26.65$27.0028.0%8.0%28.7%31.8%28.7%3.7%4.1%110.6K426.3K-176.8K0.3515.8043915224,45819,516
2013-08-28$26.81$27.0027.5%7.9%28.7%30.5%28.2%3.4%4.5%174.3K-1.1M-176.0K0.2012.663036124,57319,591
2013-08-29$27.41$27.0027.6%7.9%25.0%30.6%30.1%3.8%4.6%358.6K-6.3M-179.2K0.6612.761127424,50519,631
2013-08-30$26.94$27.0027.8%8.0%25.4%31.1%29.3%3.5%4.8%175.1K-1.9M-175.4K0.0914.475444724,50119,681