TXT Options History — July 2016

In July 2016, TXT traded between $35.68 and $39.77. ATM implied volatility averaged 27.4%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 7.8% (HV 20d: 35.2%). Max pain ranged from $36.00 to $39.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.91.

Notable Days

  • 2016-07-11: Highest Volume — 20,935 contracts
  • 2016-07-11: Largest IV spike — 34.7% change
  • 2016-07-13: Highest IV Rank — 61.9%
  • 2016-07-11: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.26$35.68$39.77$36.43$39.03
Max Pain$36.45$36.00$39.00$39.00$37.00
ATM IV27.4%21.0%35.0%24.0%21.0%
Expected Move8.4%6.0%10.2%6.9%6.0%
HV 20d35.2%22.0%40.2%35.3%22.0%
HV 60d27.6%26.6%29.0%27.5%26.6%
IV Rank32.2%7.1%61.9%18.9%7.1%
IV Percentile49.4%4.8%90.5%33.7%4.8%
Term Structure-2.1%-4.7%6.6%6.6%0.9%
VWIV29.9%22.0%36.2%25.4%22.1%
Skew 25d3.0%2.0%5.3%2.8%2.6%
Skew 10d7.1%2.9%20.4%3.6%4.1%
Call IV 25d28.5%20.7%35.7%23.4%20.7%
Put IV 25d31.5%23.3%38.2%26.2%23.3%
Bid-Ask Spread %45.6625.2782.5982.5945.73
Gamma HHI0.270.100.380.120.29
Net GEX959.4K-436.8K2.1M-86.7K1.8M
Net DEX-11.1M-24.8M11.9M7.4M-17.4M
Net VEX-139.5K-170.5K-79.0K-85.0K-152.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.102.320.951.06
Total Volume4,163.951,96320,9353,1241,963
Total OI28,164.118,84834,60018,84831,705

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-07-01$36.43$39.0024.0%6.9%35.3%18.9%25.4%2.8%6.6%-86.7K7.4M-85.0K0.9582.591,6031,52110,2218,627
2016-07-05$35.73$36.0027.0%8.9%35.5%30.5%32.2%4.5%-1.6%-47.3K9.5M-79.8K0.8535.161,6581,41110,2618,631
2016-07-06$35.77$36.0027.3%9.5%35.5%31.6%34.7%5.1%-3.0%-4639.7M-79.0K2.3228.811,8824,35710,3878,704
2016-07-07$35.68$36.0025.8%9.4%35.6%26.1%33.0%5.3%-3.0%-134.2K11.9M-90.3K0.5827.752,0801,20011,06610,852
2016-07-08$36.98$36.0022.9%8.7%38.4%14.6%30.5%4.0%-2.9%-93.0K6.2M-93.9K0.7039.181,6421,15511,32910,916
2016-07-11$38.26$36.0030.8%10.2%40.2%45.7%36.2%2.5%-3.3%-436.8K-1.8M-98.0K0.1041.7819,0031,93211,47110,908
2016-07-12$38.38$36.0028.0%10.0%39.6%34.6%35.9%2.9%-4.1%617.8K-13.8M-158.7K0.3632.594,2851,53322,66211,435
2016-07-13$38.35$36.0035.0%10.0%39.3%61.9%35.8%2.5%-4.7%447.0K-13.5M-160.1K0.7735.281,8751,45022,83811,450
2016-07-14$38.61$36.0033.9%9.7%39.2%57.8%34.4%2.8%-4.6%-77.9K-15.3M-162.9K0.8825.271,6041,41322,88611,572
2016-07-15$38.74$36.0031.8%9.1%39.2%49.6%32.0%2.5%-3.2%1.3M-13.5M-156.4K0.7833.351,7341,35222,87611,724
2016-07-18$39.02$36.0032.7%9.4%39.3%53.1%33.1%2.7%-3.9%1.4M-20.2M-157.2K0.5434.682,3401,25518,3698,775
2016-07-19$38.68$36.0032.5%9.3%39.0%52.2%33.8%2.7%-4.3%1.4M-20.1M-170.5K0.7936.521,7331,36319,4629,045
2016-07-20$39.30$36.0032.2%9.2%39.3%51.0%32.9%2.0%-4.3%1.6M-24.0M-170.0K0.7946.591,6501,29819,5659,251
2016-07-21$39.25$36.0031.6%9.1%39.3%48.9%31.7%2.5%-4.4%1.7M-22.7M-170.4K1.4739.742,2643,33419,5889,387
2016-07-22$39.77$37.0021.8%6.2%39.5%10.2%22.0%2.6%-0.2%2.1M-24.8M-168.0K0.8450.951,5701,31719,69011,609
2016-07-25$39.16$37.0022.9%6.6%32.4%14.6%23.2%2.5%-0.3%1.8M-18.6M-160.3K1.0572.561,1201,17419,79311,643
2016-07-26$39.57$37.0021.8%6.3%25.1%10.4%23.0%2.5%-0.4%2.1M-22.8M-161.4K0.8869.991,1891,04919,87711,689
2016-07-27$39.30$37.0022.5%6.4%25.5%13.0%23.1%2.4%-0.2%1.9M-20.0M-158.1K1.3573.298371,13219,78611,716
2016-07-28$39.22$37.0022.2%6.4%25.4%11.9%23.2%3.0%-0.2%1.9M-18.9M-157.2K1.1161.339491,05219,78111,735
2016-07-29$39.03$37.0021.0%6.0%22.0%7.1%22.1%2.6%0.9%1.8M-17.4M-152.6K1.0645.739521,01119,87111,834