TXT Options History — March 2015

In March 2015, TXT traded between $42.60 and $45.08. ATM implied volatility averaged 21.1%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 0.4% (HV 20d: 20.7%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2015-03-05: Highest Volume — 2,815 contracts
  • 2015-03-10: Largest IV spike — 16.1% change
  • 2015-03-10: Highest IV Rank — 12.3%
  • 2015-03-13: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.10$42.60$45.08$44.44$44.37
Max Pain$43.27$43.00$44.00$43.00$43.00
ATM IV21.1%19.0%25.1%19.0%20.9%
Expected Move6.1%5.5%6.7%5.5%6.0%
HV 20d20.7%16.3%23.8%16.3%23.8%
HV 60d22.5%21.6%23.6%23.6%22.4%
IV Rank5.6%2.1%12.3%2.1%5.2%
IV Percentile24.2%4.8%59.5%4.8%23.0%
Term Structure3.8%1.1%6.2%2.0%6.1%
VWIV21.4%18.8%23.8%18.8%21.3%
Skew 25d2.7%1.0%3.6%2.1%3.1%
Skew 10d5.9%1.6%10.9%4.0%8.8%
Call IV 25d20.3%18.4%22.8%18.4%19.4%
Put IV 25d23.0%20.5%25.8%20.5%22.5%
Bid-Ask Spread %21.0014.3532.2114.3518.86
Gamma HHI0.220.150.680.190.15
Net GEX1.8M421.3K5.0M2.3M581.6K
Net DEX-16.8M-39.9M-4.5M-25.7M-6.7M
Net VEX-114.2K-127.1K-99.1K-120.7K-108.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.081.481.061.05
Total Volume1,401.3643112,8152,3291,805
Total OI30,567.68215,39439,05435,19917,112

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-03-02$44.44$43.0019.0%5.5%16.3%2.1%18.8%2.1%2.0%2.3M-25.7M-120.7K1.0614.351,1301,19914,17021,029
2015-03-03$43.87$43.0019.6%5.6%16.8%3.0%19.7%2.2%1.2%2.1M-18.8M-121.7K0.8115.281,2401,00714,09221,113
2015-03-04$43.64$43.0019.5%5.6%16.8%2.9%19.7%1.0%1.1%2.3M-17.6M-121.8K0.7218.901,4411,03414,05221,126
2015-03-05$44.02$43.0019.5%5.9%16.8%3.0%19.9%3.5%3.7%2.5M-21.9M-122.2K0.7032.211,6581,15714,49821,153
2015-03-06$44.74$43.0020.0%6.0%17.3%3.7%20.7%2.4%3.9%2.5M-30.9M-118.1K0.8117.131,5241,23214,69821,308
2015-03-09$44.29$43.0021.6%6.3%17.8%6.4%21.6%2.6%3.3%2.6M-26.5M-120.0K0.2022.431,57830915,18821,557
2015-03-10$42.99$43.0025.1%6.7%20.7%12.3%23.1%2.9%3.0%2.1M-11.7M-127.1K1.4821.928111,19915,75121,690
2015-03-11$42.60$43.0023.4%6.7%20.6%9.5%23.6%3.0%2.8%1.5M-5.3M-126.4K0.3421.4743714815,51022,574
2015-03-12$43.37$43.0023.0%6.6%21.3%8.8%22.5%2.6%3.1%2.0M-12.8M-126.8K0.0819.072882315,45122,600
2015-03-13$42.80$43.0023.4%6.7%20.1%9.5%23.5%2.7%3.0%1.7M-6.1M-121.2K0.5521.8734118915,38422,586
2015-03-16$43.88$43.0022.5%6.5%21.8%8.0%22.0%3.3%2.9%2.5M-20.2M-115.5K0.3517.9741214515,46022,488
2015-03-17$43.79$43.0022.7%6.5%21.2%8.2%23.8%3.2%3.1%2.6M-19.2M-113.3K0.7417.5418013315,59222,512
2015-03-18$44.65$43.0020.9%6.0%22.3%5.3%21.2%2.9%3.8%2.6M-31.6M-107.9K0.3430.3667423015,61922,559
2015-03-19$44.39$43.0021.0%6.0%22.0%5.4%21.3%3.2%4.2%2.6M-31.2M-105.1K0.5822.6292153416,04222,690
2015-03-20$44.99$44.0019.6%5.6%22.5%3.1%20.4%2.5%4.1%5.0M-39.9M-101.3K0.4617.251,08050116,30422,750
2015-03-23$44.61$44.0019.4%5.5%22.6%2.6%19.4%2.1%5.1%526.7K-7.6M-99.1K1.0318.403193286,8198,575
2015-03-24$45.08$44.0019.7%5.6%22.6%3.2%20.7%2.3%5.0%614.2K-9.0M-103.4K0.3818.457002696,9868,859
2015-03-25$44.33$44.0021.1%6.1%23.2%5.6%21.3%2.5%5.3%516.7K-6.7M-108.1K0.2822.584721317,4318,986
2015-03-26$44.01$44.0021.3%6.1%22.6%6.0%21.9%2.7%5.3%421.3K-4.5M-107.6K1.1032.178899807,3939,027
2015-03-27$44.19$44.0021.2%6.1%22.6%5.7%22.8%2.8%5.4%432.3K-4.9M-109.7K0.1219.18393497,4449,266
2015-03-30$45.05$43.0020.0%5.7%23.6%3.8%21.5%3.6%6.2%669.4K-10.0M-107.1K1.3621.987361,0047,7579,288
2015-03-31$44.37$43.0020.9%6.0%23.8%5.2%21.3%3.1%6.1%581.6K-6.7M-108.2K1.0518.868809257,8259,287