TXT Options History — September 2017

In September 2017, TXT traded between $48.71 and $53.99. ATM implied volatility averaged 27.6%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 9.6% (HV 20d: 17.9%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 2.04.

Notable Days

  • 2017-09-11: Highest Volume — 7,677 contracts
  • 2017-09-12: Largest IV spike — 37.1% change
  • 2017-09-12: Highest IV Rank — 62.7%
  • 2017-09-26: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.80$48.71$53.99$49.29$53.86
Max Pain$49.00$47.00$50.00$48.00$50.00
ATM IV27.6%21.0%36.2%22.1%29.9%
Expected Move8.2%6.3%8.9%6.3%8.6%
HV 20d17.9%13.3%20.8%13.5%19.0%
HV 60d16.0%15.0%17.5%15.0%15.6%
IV Rank31.9%8.6%62.7%12.5%40.2%
IV Percentile67.7%14.7%97.2%29.0%81.3%
Term Structure-1.7%-4.3%5.1%5.1%-3.5%
VWIV29.8%22.4%35.2%22.4%31.5%
Skew 25d2.3%-0.4%5.2%-0.4%2.6%
Skew 10d7.7%-0.6%32.2%0.8%4.4%
Call IV 25d28.4%24.2%33.4%24.6%31.0%
Put IV 25d30.7%24.3%35.7%24.3%33.6%
Bid-Ask Spread %40.3014.3270.6314.3233.53
Gamma HHI0.510.400.620.520.59
Net GEX3.9M1.2M10.8M6.7M2.5M
Net DEX-53.1M-104.5M-23.7M-45.2M-55.9M
Net VEX-432.9K-468.9K-406.7K-456.3K-452.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.040.583.442.012.52
Total Volume4,791.053,4517,6773,7666,434
Total OI54,711.7544,21661,73760,13753,180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-09-01$49.29$48.0022.1%6.3%13.5%12.5%22.4%-0.4%5.1%6.7M-45.2M-456.3K2.0114.321,2532,51336,03724,100
2017-09-05$48.71$47.0024.2%8.1%14.1%20.0%29.8%2.5%-1.0%6.1M-31.3M-436.0K1.9741.381,2482,45736,53324,145
2017-09-06$48.80$47.0023.2%8.1%14.0%16.4%29.6%1.7%-1.3%7.5M-26.4M-429.1K2.2520.121,2522,81136,68924,227
2017-09-07$48.72$47.0022.4%8.2%14.0%13.6%30.7%1.7%-0.9%7.0M-23.7M-429.1K2.3317.611,2402,89536,76524,588
2017-09-08$49.24$47.0021.0%8.4%13.3%8.6%31.1%3.1%-1.8%10.8M-32.5M-439.4K3.4430.507772,67436,77424,722
2017-09-11$51.12$47.0026.4%7.9%18.6%27.8%28.6%2.3%-1.7%8.1M-95.2M-416.3K0.5853.824,8692,80836,94724,790
2017-09-12$52.41$47.0036.2%8.5%20.1%62.7%28.9%5.2%-3.4%4.5M-99.2M-428.5K1.6970.631,6442,78435,34424,963
2017-09-13$52.35$50.0029.7%8.5%20.1%39.5%28.9%1.8%-3.2%4.1M-104.5M-412.0K2.0328.051,3242,68835,46525,175
2017-09-14$51.73$50.0029.0%8.3%20.8%37.1%29.7%2.5%-1.0%4.5M-83.6M-407.6K2.2051.731,1322,48632,54225,312
2017-09-15$51.58$50.0028.1%8.1%19.5%33.9%28.9%3.3%-0.8%1.2M-86.8M-406.7K3.2656.831,1773,83932,49725,591
2017-09-18$52.47$50.0028.7%8.2%19.5%35.8%29.2%3.4%-0.1%1.2M-32.5M-418.8K3.1036.751,2383,84220,13624,080
2017-09-19$52.75$50.0026.2%7.5%19.2%27.0%27.2%0.5%-1.7%1.4M-32.8M-424.6K2.5265.481,9875,01720,21724,373
2017-09-20$53.11$50.0026.6%7.6%19.2%28.4%28.6%1.3%-1.4%1.3M-37.5M-424.0K1.7964.641,8493,31720,67326,091
2017-09-21$53.03$50.0025.7%7.4%19.2%25.0%27.7%1.8%-2.3%1.4M-38.0M-425.0K0.9718.442,6002,52521,17926,110
2017-09-22$53.07$50.0028.1%8.1%19.1%33.9%29.3%1.7%-2.0%1.7M-40.6M-433.7K0.6122.184,0882,49822,63026,168
2017-09-25$53.07$50.0031.1%8.9%19.0%44.3%32.3%1.9%-4.3%1.9M-44.2M-451.6K1.9330.551,3222,54624,59126,243
2017-09-26$53.13$50.0031.1%8.9%18.5%44.3%35.2%2.3%-2.2%1.9M-44.0M-455.5K1.1264.622,2672,55024,70926,289
2017-09-27$53.99$50.0030.8%8.8%18.8%43.5%32.8%3.4%-3.0%2.3M-53.9M-468.9K2.0765.961,2832,65325,71026,356
2017-09-28$53.60$50.0030.7%8.8%19.0%43.1%34.1%3.3%-3.6%2.4M-53.4M-442.9K2.3218.801,1852,74925,80926,485
2017-09-29$53.86$50.0029.9%8.6%19.0%40.2%31.5%2.6%-3.5%2.5M-55.9M-452.4K2.5233.531,8264,60826,56126,619