TXT Options History — June 2014

In June 2014, TXT traded between $37.85 and $40.93. ATM implied volatility averaged 25.4%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 6.7% (HV 20d: 18.6%). Max pain ranged from $35.00 to $37.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2014-06-09: Highest Volume — 1,681 contracts
  • 2014-06-12: Largest IV spike — 36.9% change
  • 2014-06-30: Highest IV Rank — 42.6%
  • 2014-06-24: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.34$37.85$40.93$39.27$38.29
Max Pain$35.76$35.00$37.00$35.00$37.00
ATM IV25.4%19.2%31.1%20.4%31.1%
Expected Move8.1%7.5%8.4%8.1%8.2%
HV 20d18.6%14.9%21.2%20.2%21.2%
HV 60d25.9%25.1%26.4%26.4%25.7%
IV Rank21.6%0.0%42.6%1.2%42.6%
IV Percentile45.4%0.0%78.6%1.2%78.6%
Term Structure-0.9%-4.4%6.5%5.7%-4.4%
VWIV28.3%25.6%30.4%30.2%28.0%
Skew 25d3.1%2.3%3.6%2.3%3.3%
Skew 10d7.1%4.5%10.1%5.1%4.6%
Call IV 25d25.8%19.1%30.0%20.0%30.0%
Put IV 25d28.9%21.6%33.3%22.3%33.3%
Bid-Ask Spread %40.9028.9174.4936.7130.96
Gamma HHI0.200.100.450.190.11
Net GEX1.4M334.3K2.2M1.3M433.4K
Net DEX-19.9M-33.3M-6.7M-21.7M-8.4M
Net VEX-129.0K-137.5K-119.4K-137.0K-120.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.114.482.360.26
Total Volume717.2381621,681407351
Total OI26,324.52420,45129,09226,93721,900

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-06-02$39.27$35.0020.4%8.1%20.2%1.2%0.0%2.3%5.7%1.3M-21.7M-137.0K2.3636.7112128615,29311,644
2014-06-03$39.24$35.0020.5%8.1%20.0%1.3%0.0%2.9%5.8%1.3M-20.4M-137.5K0.5231.461417315,27511,896
2014-06-04$39.16$35.0020.3%8.1%19.6%0.9%0.0%3.2%5.9%1.3M-19.6M-135.3K1.0228.9111011215,33511,894
2014-06-05$39.58$35.0019.2%7.9%20.0%0.0%0.0%2.5%6.5%1.5M-23.7M-134.6K1.1554.9721324615,36711,979
2014-06-06$40.18$35.0019.2%8.1%20.4%0.0%30.2%2.8%-1.2%1.6M-27.4M-134.5K0.2231.7380717715,44312,062
2014-06-09$40.93$35.0020.4%8.2%21.0%4.5%0.0%2.8%-2.1%1.5M-32.9M-134.0K0.4441.871,17051115,63112,089
2014-06-10$40.78$35.0019.6%8.2%17.1%1.4%28.6%2.7%-1.2%1.8M-33.3M-134.1K0.3735.3160622316,22412,298
2014-06-11$40.19$35.0020.0%8.0%18.0%2.9%25.6%2.7%-1.5%1.8M-27.6M-136.0K0.2332.4349911516,16512,393
2014-06-12$39.38$35.0027.4%8.2%19.3%29.2%0.0%3.6%-1.8%1.7M-20.5M-133.8K0.5934.6965738816,30212,476
2014-06-13$39.40$35.0027.4%8.2%18.7%29.3%0.0%3.0%-1.6%1.8M-21.5M-133.2K0.1334.943344316,27612,533
2014-06-16$39.35$35.0027.8%8.2%18.7%30.8%0.0%3.4%-1.8%1.9M-21.3M-131.0K0.8838.50867616,52012,532
2014-06-17$39.56$35.0028.2%7.5%18.7%32.3%0.0%3.2%-2.5%2.1M-23.7M-128.2K0.2073.5252410316,52612,540
2014-06-18$39.69$35.0028.8%8.2%14.9%34.3%27.0%2.3%-2.9%2.2M-24.8M-126.7K0.5835.1734920216,56412,528
2014-06-19$39.49$37.0028.7%8.2%15.1%33.9%0.0%3.5%-2.8%2.1M-22.4M-125.8K0.3034.5734810416,45512,593
2014-06-20$39.72$37.0027.5%8.2%15.2%29.6%0.0%3.3%-2.3%2.2M-24.4M-122.4K0.1142.481,38815216,50312,577
2014-06-23$39.18$37.0028.7%8.1%14.9%33.9%29.4%3.4%-2.9%661.4K-13.3M-121.8K1.9832.8339277711,3829,069
2014-06-24$37.85$37.0029.6%8.4%19.2%37.1%30.4%3.6%-3.4%363.0K-6.7M-120.1K0.8933.3665558011,5569,692
2014-06-25$38.05$37.0029.7%7.6%19.4%37.4%0.0%3.4%-3.7%334.3K-6.8M-120.3K0.5963.3639723411,47410,117
2014-06-26$38.05$37.0029.3%7.8%19.2%36.1%26.8%3.6%-3.0%350.4K-6.8M-119.4K4.4874.4914263611,65910,169
2014-06-27$38.81$37.0029.1%8.1%20.7%35.4%0.0%3.6%-3.2%556.6K-10.4M-123.6K0.2236.6560213211,72310,161
2014-06-30$38.29$37.0031.1%8.2%21.2%42.6%28.0%3.3%-4.4%433.4K-8.4M-120.1K0.2630.962797211,73110,169