TXT Options History — August 2017

In August 2017, TXT traded between $47.63 and $49.36. ATM implied volatility averaged 21.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 8.7% (HV 20d: 13.3%). Max pain ranged from $47.00 to $49.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 3.18.

Notable Days

  • 2017-08-16: Highest Volume — 6,427 contracts
  • 2017-08-10: Largest IV spike — 10.6% change
  • 2017-08-10: Highest IV Rank — 18.7%
  • 2017-08-10: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.66$47.63$49.36$49.36$49.11
Max Pain$47.48$47.00$49.00$49.00$48.00
ATM IV21.9%19.2%23.9%20.7%21.7%
Expected Move6.3%5.9%6.8%5.9%6.2%
HV 20d13.3%12.0%14.3%14.3%13.6%
HV 60d15.6%14.4%18.1%18.1%14.9%
IV Rank11.8%1.9%18.7%7.4%10.8%
IV Percentile30.3%1.6%52.8%14.7%24.2%
Term Structure3.7%0.2%5.2%0.2%5.2%
VWIV23.1%20.8%26.2%20.9%22.0%
Skew 25d1.8%-0.2%4.9%4.5%-0.2%
Skew 10d4.9%0.4%11.1%9.8%0.4%
Call IV 25d22.2%18.0%24.2%18.0%23.7%
Put IV 25d24.1%22.1%26.2%22.5%23.5%
Bid-Ask Spread %44.547.3576.9927.0553.79
Gamma HHI0.450.350.520.490.52
Net GEX4.7M3.1M6.6M5.0M6.6M
Net DEX-34.3M-52.4M-15.9M-52.4M-42.1M
Net VEX-454.2K-467.6K-426.4K-460.8K-467.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.180.646.343.013.13
Total Volume4,220.6093,1386,4274,4343,286
Total OI58,103.39154,27661,79854,74459,803

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$49.36$49.0020.7%5.9%14.3%7.4%20.9%4.5%0.2%5.0M-52.4M-460.8K3.0127.051,1073,32735,23919,505
2017-08-02$49.31$49.0020.9%6.0%14.2%8.1%22.1%4.9%0.3%5.1M-51.1M-466.5K4.6143.139184,23435,42819,608
2017-08-03$48.99$47.0020.0%5.9%13.4%4.8%22.2%1.4%3.8%4.7M-41.8M-462.9K4.829.828834,25735,33021,504
2017-08-04$49.30$47.0019.2%6.0%12.8%1.9%22.2%1.3%3.8%5.1M-47.9M-467.6K6.208.198065,00135,48621,488
2017-08-07$49.35$47.0020.4%6.0%12.5%6.2%23.2%1.2%3.7%5.3M-48.6M-460.8K6.347.357694,87835,63522,181
2017-08-08$49.09$47.0020.3%6.2%12.6%5.9%22.6%1.3%3.0%5.1M-42.8M-457.3K3.0350.071,0873,29135,62822,202
2017-08-09$49.12$47.0021.6%6.2%12.6%10.6%20.8%1.8%3.5%5.0M-43.1M-464.2K2.9655.799352,76735,70622,582
2017-08-10$48.34$47.0023.9%6.8%13.6%18.7%25.4%1.0%3.4%3.8M-30.6M-463.6K2.5653.839482,42835,79222,656
2017-08-11$48.49$47.0023.6%6.8%13.1%17.9%25.3%2.0%3.2%4.0M-29.8M-467.5K2.0650.651,0732,21135,77122,942
2017-08-14$48.98$47.0021.2%6.1%13.6%9.1%21.2%1.8%3.5%5.2M-38.6M-443.0K1.8970.691,3142,47736,07222,987
2017-08-15$49.11$47.0022.1%6.3%13.7%12.5%26.2%1.9%3.5%5.1M-41.1M-460.1K2.4444.719692,36036,07623,327
2017-08-16$49.09$47.0021.2%6.1%12.0%9.2%21.3%0.4%3.8%5.3M-39.2M-446.0K0.6461.913,9252,50236,20423,554
2017-08-17$48.23$47.0023.3%6.7%13.6%16.6%24.2%2.4%2.8%3.8M-25.6M-437.8K1.5261.801,5282,32938,03223,563
2017-08-18$47.77$47.0022.8%6.5%14.0%14.8%25.1%1.4%3.4%3.1M-15.9M-426.4K1.7853.761,2952,30238,06723,731
2017-08-21$47.63$47.0023.6%6.8%13.8%17.8%25.1%2.5%4.6%3.6M-17.6M-434.0K1.1751.682,1982,57933,16821,108
2017-08-22$48.12$47.0022.8%6.5%13.8%15.0%23.6%1.6%4.4%4.3M-26.6M-445.6K1.7358.701,5652,71234,20021,624
2017-08-23$48.06$48.0022.3%6.4%13.8%13.2%23.6%2.1%4.8%4.4M-24.2M-447.5K3.8158.589203,50734,55622,155
2017-08-24$47.96$48.0022.6%6.5%13.2%14.0%21.4%2.2%4.3%4.2M-19.1M-452.9K3.3333.791,0433,47034,73823,317
2017-08-25$48.50$48.0022.2%6.4%12.2%12.7%22.8%1.1%4.8%5.0M-29.2M-465.4K4.0913.087993,26735,05623,411
2017-08-28$48.12$48.0022.7%6.5%12.5%14.5%24.1%2.1%5.0%4.5M-22.0M-445.3K4.919.485422,66035,33423,489
2017-08-29$48.20$48.0022.7%6.5%12.5%14.6%23.1%1.6%4.7%4.7M-23.7M-447.1K4.4769.545742,56435,41023,609
2017-08-30$48.94$48.0022.8%6.5%13.8%14.7%23.0%1.7%4.3%5.8M-34.9M-456.7K2.6676.999482,51935,41223,692
2017-08-31$49.11$48.0021.7%6.2%13.6%10.8%22.0%-0.2%5.2%6.6M-42.1M-467.4K3.1353.797952,49135,77124,032