TXT Options History — December 2013

In December 2013, TXT traded between $31.46 and $37.29. ATM implied volatility averaged 26.6%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 4.6% (HV 20d: 31.3%). Max pain ranged from $32.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.17.

Notable Days

  • 2013-12-20: Highest Volume — 28,482 contracts
  • 2013-12-06: Largest IV drop — 8.2% change
  • 2013-12-05: Highest IV Rank — 36.1%
  • 2013-12-18: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.68$31.46$37.29$33.12$36.76
Max Pain$34.29$32.00$35.00$32.00$35.00
ATM IV26.6%25.4%27.7%26.4%26.4%
Expected Move8.8%8.5%9.1%8.9%8.5%
HV 20d31.3%19.3%52.4%20.4%52.3%
HV 60d25.0%19.8%34.4%21.6%34.0%
IV Rank32.8%28.6%36.1%32.0%32.1%
IV Percentile50.6%36.9%62.7%48.8%48.4%
Term Structure2.3%0.1%4.4%0.3%3.7%
VWIV32.1%28.7%42.9%30.3%31.2%
Skew 25d1.9%0.8%3.3%1.6%3.3%
Skew 10d5.1%1.7%12.3%2.7%12.3%
Call IV 25d26.7%25.7%28.5%26.7%26.2%
Put IV 25d28.6%27.7%29.5%28.3%29.5%
Bid-Ask Spread %24.1812.7343.8714.3614.81
Gamma HHI0.210.150.340.220.18
Net GEX2.7M895.3K3.6M2.8M2.5M
Net DEX-59.4M-106.2M-34.7M-66.0M-72.5M
Net VEX-161.7K-187.6K-135.7K-173.5K-175.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.156.560.490.64
Total Volume4,211.90543028,4822,364909
Total OI58,039.85750,00062,21957,78256,844

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-12-02$33.12$32.0026.4%8.9%20.4%32.0%30.3%1.6%0.3%2.8M-66.0M-173.5K0.4914.361,58877635,98521,797
2013-12-03$32.63$32.0026.9%9.1%21.5%33.7%33.9%1.1%0.2%2.7M-57.7M-175.3K6.5637.362251,47635,94021,807
2013-12-04$32.26$32.0027.2%8.9%21.4%34.6%30.1%0.8%0.5%2.5M-51.3M-176.9K0.1528.457,1321,08535,94422,427
2013-12-05$32.30$32.0027.7%8.8%21.2%36.1%0.0%1.0%0.1%2.9M-54.6M-187.6K0.4436.2429913139,44022,779
2013-12-06$32.62$32.0025.4%9.0%21.2%28.6%28.7%2.2%1.8%2.7M-56.1M-173.4K0.3226.0434410935,98422,820
2013-12-09$32.41$35.0026.3%8.8%19.3%31.8%0.0%2.0%2.2%2.9M-54.3M-162.1K1.9220.3742681936,00822,908
2013-12-10$32.24$35.0025.8%8.7%19.6%29.9%0.0%1.8%2.9%2.9M-49.9M-161.6K1.2431.1824730736,08922,707
2013-12-11$31.59$35.0026.3%8.9%21.0%31.6%0.0%1.8%2.7%2.6M-38.1M-156.6K1.3527.1545861735,52922,649
2013-12-12$31.51$35.0026.3%9.0%20.6%31.7%0.0%2.6%2.7%2.7M-34.7M-156.1K1.6225.1736559335,55322,665
2013-12-13$31.46$35.0027.4%8.9%19.9%35.2%31.0%1.8%2.3%2.7M-36.0M-155.8K1.8516.9622040735,57823,029
2013-12-16$32.11$35.0027.3%9.0%21.0%34.8%0.0%1.9%2.0%3.2M-48.3M-144.1K0.6820.9044129935,56222,964
2013-12-17$32.10$35.0027.5%8.9%21.1%35.5%0.0%2.0%2.3%3.3M-48.3M-141.5K0.2725.915,0711,35335,58223,064
2013-12-18$32.79$35.0026.4%9.1%21.7%32.1%42.9%1.8%2.6%3.6M-60.2M-141.3K2.5638.411,3123,36435,02423,852
2013-12-19$32.57$35.0025.8%8.9%22.0%30.0%29.6%1.7%3.2%3.2M-52.9M-151.9K1.8424.165591,02834,70526,723
2013-12-20$37.29$35.0027.5%8.7%51.1%35.6%0.0%3.3%1.0%895.3K-106.2M-135.7K0.3443.8721,2847,19835,07927,136
2013-12-23$36.38$35.0026.7%8.5%52.4%33.1%31.6%1.2%3.0%2.3M-71.9M-143.6K0.3916.716,1412,38229,14120,859
2013-12-24$36.00$35.0026.1%8.7%52.4%30.9%0.0%1.9%4.2%2.4M-66.8M-158.9K0.3515.147,4142,57530,46121,862
2013-12-26$36.20$35.0026.2%8.6%52.3%31.4%0.0%1.9%4.4%2.8M-71.7M-177.8K0.9212.7351647433,98823,636
2013-12-27$36.61$35.0026.8%8.5%52.3%33.2%30.5%2.3%3.0%2.8M-75.9M-177.9K0.2515.134,9941,24134,09523,421
2013-12-30$36.43$35.0027.1%8.6%52.4%34.3%33.2%2.1%3.4%2.8M-74.3M-169.1K0.4016.661,62065133,74223,459
2013-12-31$36.76$35.0026.4%8.5%52.3%32.1%31.2%3.3%3.7%2.5M-72.5M-175.1K0.6414.8155435533,05223,792