TXT Options History — January 2017

In January 2017, TXT traded between $46.30 and $50.33. ATM implied volatility averaged 25.6%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 7.2% (HV 20d: 18.4%). Max pain ranged from $42.00 to $49.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 2.89.

Notable Days

  • 2017-01-27: Highest Volume — 17,156 contracts
  • 2017-01-11: Largest IV spike — 38.1% change
  • 2017-01-24: Highest IV Rank — 42.9%
  • 2017-01-24: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.04$46.30$50.33$49.12$47.40
Max Pain$48.30$42.00$49.00$42.00$49.00
ATM IV25.6%20.6%31.0%21.4%24.1%
Expected Move7.8%6.1%8.9%6.1%6.9%
HV 20d18.4%11.7%32.9%11.7%32.9%
HV 60d22.0%19.7%26.0%22.6%25.7%
IV Rank23.2%5.0%42.9%8.0%17.8%
IV Percentile48.3%7.1%82.1%15.1%49.6%
Term Structure-1.3%-4.6%7.3%7.2%-1.1%
VWIV28.4%21.3%32.0%21.9%24.3%
Skew 25d3.0%1.7%6.2%3.5%2.3%
Skew 10d6.0%2.3%12.0%9.5%6.9%
Call IV 25d26.3%16.2%30.7%20.3%23.5%
Put IV 25d29.3%22.5%33.5%23.8%25.9%
Bid-Ask Spread %24.6112.8671.2017.7112.86
Gamma HHI0.300.220.410.330.31
Net GEX-172.1K-4.1M1.3M1.0M-93.8K
Net DEX-17.5M-42.6M43.1M-33.3M5.1M
Net VEX-177.5K-248.3K-130.7K-136.4K-232.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.890.3615.622.420.97
Total Volume5,635.152,58917,1562,7962,589
Total OI38,982.927,18052,41327,18052,413

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-01-03$49.12$42.0021.4%6.1%11.7%8.0%21.9%3.5%7.2%1.0M-33.3M-136.4K2.4217.718181,97813,42813,752
2017-01-04$50.33$42.0021.2%6.1%14.1%7.2%21.3%6.2%7.3%1.1M-42.2M-130.7K1.7320.761,0741,86313,59113,873
2017-01-05$50.27$49.0021.0%8.2%14.1%6.7%29.3%2.9%-2.1%1.2M-42.6M-132.5K1.8616.669611,78913,86314,148
2017-01-06$49.90$49.0020.6%8.2%13.6%5.0%30.0%1.7%-2.1%1.2M-40.4M-135.2K1.7122.581,0531,79714,06514,217
2017-01-09$49.56$49.0021.2%8.3%13.3%7.4%31.4%3.0%-2.4%1.3M-37.5M-133.2K15.6221.3387913,72814,12514,327
2017-01-10$50.07$49.0020.8%8.3%13.5%6.0%30.4%3.0%-2.0%39.5K-29.6M-178.7K1.9825.099511,87914,20026,284
2017-01-11$49.99$49.0028.8%8.3%13.5%34.9%30.9%2.4%-2.6%84.4K-29.4M-179.3K1.9426.108971,73814,31826,424
2017-01-12$49.78$49.0029.1%8.3%13.6%36.1%31.1%2.6%-2.7%166.0K-27.4M-178.5K2.4322.298342,02714,37326,469
2017-01-13$49.48$49.0028.8%8.2%13.9%34.9%31.1%3.4%-2.6%193.0K-24.7M-175.7K1.9730.158811,73514,45126,559
2017-01-17$48.78$49.0030.2%8.6%14.5%39.9%31.1%3.9%-2.8%-682.0K-15.5M-169.4K2.6925.537962,13814,47026,598
2017-01-18$49.12$49.0030.0%8.6%14.6%39.4%30.7%3.5%-3.5%-111.9K-20.1M-166.6K1.8920.191,1352,14814,46726,849
2017-01-19$49.40$49.0029.6%8.5%14.4%38.1%30.3%3.3%-3.1%678.8K-23.4M-166.4K2.1018.059982,10014,73427,151
2017-01-20$49.23$49.0029.1%8.3%14.3%36.1%29.9%3.0%-2.8%-1.3M-20.2M-163.2K2.2126.468841,95714,83627,365
2017-01-23$48.89$49.0030.3%8.7%14.5%40.5%32.0%3.2%-4.0%-2.1M7.2M-160.3K6.0415.725883,5516,94922,574
2017-01-24$49.40$49.0031.0%8.9%14.9%42.9%31.9%2.0%-4.6%-993.4K-6.2M-187.6K5.2919.011,2376,53812,04125,005
2017-01-25$46.30$49.0022.8%6.5%27.5%13.2%23.0%3.0%0.2%-4.1M43.1M-196.2K2.5246.612,7636,97112,31830,410
2017-01-26$48.52$49.0022.6%6.5%32.6%12.4%23.7%2.6%-0.3%-701.5K-10.9M-248.3K1.1017.417,5408,30718,43630,000
2017-01-27$47.82$49.0024.2%6.9%32.8%18.2%26.6%1.8%-0.7%-238.6K-8.0M-245.9K0.3671.2012,5774,57920,90028,033
2017-01-30$47.40$49.0024.7%7.1%32.9%20.1%26.7%3.0%-1.4%-139.0K5.2M-233.0K0.9016.603,3793,04623,36428,278
2017-01-31$47.40$49.0024.1%6.9%32.9%17.8%24.3%2.3%-1.1%-93.8K5.1M-232.4K0.9712.861,3161,27324,05228,361