TXT Options History — April 2015

In April 2015, TXT traded between $43.69 and $46.12. ATM implied volatility averaged 26.7%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.8% (HV 20d: 20.9%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2015-04-28: Highest Volume — 5,910 contracts
  • 2015-04-28: Largest IV drop — 37.6% change
  • 2015-04-27: Highest IV Rank — 26.2%
  • 2015-04-27: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.11$43.69$46.12$44.78$43.91
Max Pain$44.43$43.00$45.00$43.00$44.00
ATM IV26.7%20.4%33.3%20.7%23.0%
Expected Move7.9%5.9%9.5%5.9%6.6%
HV 20d20.9%17.5%24.8%23.9%19.5%
HV 60d20.6%19.7%22.4%22.0%20.0%
IV Rank15.1%4.5%26.2%4.9%8.8%
IV Percentile61.7%19.8%91.3%21.8%49.2%
Term Structure-2.9%-7.4%5.9%5.9%-1.3%
VWIV27.7%20.9%33.6%21.5%22.5%
Skew 25d3.3%2.1%4.3%2.7%2.8%
Skew 10d7.9%1.5%13.3%9.6%8.2%
Call IV 25d26.6%19.4%32.4%20.1%22.3%
Put IV 25d29.9%22.8%36.3%22.8%25.1%
Bid-Ask Spread %25.2817.4242.8625.7525.06
Gamma HHI0.180.120.360.150.12
Net GEX537.9K-393.1K1.6M646.7K-54.6K
Net DEX-8.7M-18.2M3.9M-8.7M1.2M
Net VEX-108.8K-123.2K-97.7K-109.7K-117.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.492.701.171.12
Total Volume2,572.3337615,9101,9493,934
Total OI19,366.71416,65423,14417,50123,144

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-04-01$44.78$43.0020.7%5.9%23.9%4.9%21.5%2.7%5.9%646.7K-8.7M-109.7K1.1725.758991,0508,0289,473
2015-04-02$44.95$44.0020.4%7.7%23.8%4.5%26.7%3.5%-2.1%695.2K-10.0M-110.7K1.0722.429199798,1079,741
2015-04-06$46.11$44.0020.8%7.7%24.8%5.1%27.5%3.7%-2.1%857.7K-15.5M-102.0K0.6629.581,1587678,1429,759
2015-04-07$45.80$44.0020.7%7.7%24.6%4.9%28.6%2.5%-1.9%891.5K-15.0M-103.2K0.5731.241,2116878,3159,792
2015-04-08$45.85$44.0027.5%7.9%21.6%16.4%27.7%3.5%-2.2%1.1M-16.0M-103.2K0.4926.215112508,6969,797
2015-04-09$45.77$44.0027.9%8.0%21.2%17.2%28.8%2.9%-2.7%1.0M-15.5M-107.4K0.9331.647356868,79610,002
2015-04-10$46.12$44.0027.7%7.9%20.6%16.8%28.6%3.0%-2.8%1.2M-17.8M-104.9K1.0631.437858368,82610,059
2015-04-13$45.73$44.0028.1%8.0%20.2%17.4%29.2%4.1%-2.6%1.2M-14.9M-103.5K0.6919.521,0737438,67110,118
2015-04-14$45.55$45.0028.1%8.1%18.6%17.5%28.7%3.5%-3.2%1.2M-13.7M-104.2K0.8217.428757208,64310,190
2015-04-15$45.90$45.0028.1%8.1%18.6%17.5%28.0%3.6%-3.4%1.4M-16.9M-99.4K0.5619.751,0495888,70210,193
2015-04-16$46.10$45.0027.9%8.0%17.5%17.1%28.2%3.1%-3.1%1.6M-18.2M-97.7K0.5023.021,7718888,92410,352
2015-04-17$44.79$45.0029.1%8.3%20.5%19.2%28.2%3.7%-4.0%169.8K-8.2M-104.8K0.6120.511,4558829,36410,625
2015-04-20$45.44$45.0029.2%8.4%20.6%19.4%29.3%3.4%-4.9%324.9K-7.7M-104.5K0.7219.669807057,0509,604
2015-04-21$44.67$45.0029.0%8.3%21.3%19.1%28.3%4.3%-3.9%226.6K-5.1M-104.7K1.2526.001,0341,2927,2879,764
2015-04-22$44.72$45.0031.1%8.9%20.9%22.6%31.9%3.2%-6.0%148.5K-4.2M-113.0K2.7026.691,3953,7737,61910,488
2015-04-23$44.66$45.0032.0%9.2%20.0%24.1%32.3%3.0%-6.3%-188.4K-1.5M-123.2K1.8022.701,1492,0668,26912,759
2015-04-24$44.27$45.0032.6%9.4%20.1%25.2%30.1%3.8%-7.0%-274.9K1.0M-122.9K2.2025.315701,2558,31712,760
2015-04-27$43.69$45.0033.3%9.5%20.6%26.2%33.6%3.9%-7.4%-393.1K3.9M-118.5K1.3019.291,7922,3288,49412,789
2015-04-28$44.45$44.0020.7%5.9%20.4%5.0%20.9%4.0%0.2%-271.6K478.3K-115.9K2.4642.861,7064,2049,18813,668
2015-04-29$44.13$44.0022.4%6.4%19.8%7.8%22.1%2.1%-1.0%-161.3K-137.8K-113.2K0.9524.762,2202,0999,09213,094
2015-04-30$43.91$44.0023.0%6.6%19.5%8.8%22.5%2.8%-1.3%-54.6K1.2M-117.8K1.1225.061,8542,0809,93413,210