TXT Options History — December 2017

In December 2017, TXT traded between $53.94 and $57.25. ATM implied volatility averaged 20.6%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 4.2% (HV 20d: 16.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.50.

Notable Days

  • 2017-12-15: Highest Volume — 9,354 contracts
  • 2017-12-13: Largest IV drop — 15.4% change
  • 2017-12-04: Highest IV Rank — 32.4%
  • 2017-12-01: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.61$53.94$57.25$54.97$56.66
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV20.6%18.3%25.0%23.2%20.1%
Expected Move5.6%5.2%6.6%6.6%5.8%
HV 20d16.4%14.9%17.7%15.2%15.2%
HV 60d15.5%14.9%17.1%17.1%15.2%
IV Rank12.2%1.7%32.4%24.0%9.9%
IV Percentile18.1%0.4%65.9%47.6%11.1%
Term Structure4.0%-2.0%5.7%-2.0%3.7%
VWIV22.2%18.3%29.4%23.8%20.3%
Skew 25d2.9%1.0%4.9%3.1%1.0%
Skew 10d8.1%5.1%11.7%5.1%8.8%
Call IV 25d19.3%17.3%25.5%25.5%19.1%
Put IV 25d22.2%18.6%28.6%28.6%20.1%
Bid-Ask Spread %22.8710.0858.6933.8510.08
Gamma HHI0.800.730.890.760.77
Net GEX7.5M5.1M13.2M7.3M6.0M
Net DEX-80.9M-98.3M-50.9M-83.8M-89.8M
Net VEX-285.8K-326.4K-232.8K-321.9K-251.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.222.752.001.58
Total Volume3,512.92,6749,3543,1182,813
Total OI55,77042,67964,73863,45546,659

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-12-01$54.97$50.0023.2%6.6%15.2%24.0%23.8%3.1%-2.0%7.3M-83.8M-321.9K2.0033.851,0412,07734,83828,617
2017-12-04$55.22$50.0025.0%5.9%15.2%32.4%22.2%3.6%3.5%7.7M-92.6M-317.5K1.6458.691,0141,66034,82628,687
2017-12-05$54.04$50.0023.8%5.9%17.1%27.0%22.5%3.5%3.2%7.1M-65.4M-321.9K1.6630.301,3262,20534,80228,802
2017-12-06$53.94$50.0023.1%5.8%17.1%23.4%22.0%2.5%3.6%7.3M-63.3M-326.4K1.3038.841,2471,62235,40929,318
2017-12-07$54.80$50.0021.1%5.5%17.7%14.5%20.7%4.0%4.5%9.1M-80.3M-326.1K0.9925.092,0162,00435,43529,303
2017-12-08$54.80$50.0019.5%5.2%17.4%7.4%26.4%3.9%4.9%9.4M-79.0M-307.9K1.6522.311,2141,99834,94029,652
2017-12-11$54.63$50.0021.3%5.4%17.4%15.3%26.6%3.9%5.1%10.2M-73.7M-281.3K2.7514.407672,11034,91529,654
2017-12-12$54.60$50.0021.6%5.3%17.0%17.0%22.9%4.4%4.9%11.3M-71.9M-295.1K2.3029.089562,19534,88329,667
2017-12-13$54.60$50.0018.3%5.2%16.9%1.7%27.7%3.9%4.7%12.5M-71.2M-302.6K1.7732.949811,73634,81229,532
2017-12-14$54.40$50.0018.5%5.3%14.9%2.8%29.4%4.2%4.4%13.2M-50.9M-301.5K1.0220.581,6381,66433,09029,554
2017-12-15$55.16$50.0020.4%5.8%15.4%11.1%20.5%4.9%2.6%5.1M-98.3M-281.9K0.2219.797,6531,70133,05329,633
2017-12-18$56.18$50.0019.2%5.5%16.4%5.7%19.2%3.3%5.4%5.5M-75.6M-232.8K0.7318.982,6981,98122,42320,256
2017-12-19$56.42$50.0018.9%5.4%16.3%4.4%19.0%2.7%4.1%5.5M-80.0M-284.4K1.2718.191,5882,01923,90421,107
2017-12-20$57.04$50.0018.5%5.3%16.5%2.5%18.3%1.2%5.7%5.2M-92.1M-259.9K1.6221.491,2311,99324,40721,312
2017-12-21$57.25$50.0019.7%5.7%16.4%8.2%19.7%1.5%4.6%5.1M-92.4M-268.3K1.3215.581,6342,16224,41421,479
2017-12-22$56.76$50.0019.1%5.5%16.7%5.5%19.4%2.3%4.7%5.2M-85.9M-278.7K1.3610.631,2461,69324,78721,615
2017-12-26$56.86$50.0020.2%5.8%16.8%10.6%21.0%1.1%4.6%5.5M-90.1M-255.0K1.5713.751,1031,72724,88121,615
2017-12-27$56.94$50.0020.2%5.8%16.1%10.5%20.4%1.3%4.5%5.5M-91.6M-251.4K1.6410.531,0521,72224,85921,642
2017-12-28$57.00$50.0020.0%5.7%15.9%9.4%21.5%1.8%4.3%5.3M-89.4M-250.4K1.6212.211,0581,71324,95621,662
2017-12-29$56.66$50.0020.1%5.8%15.2%9.9%20.3%1.0%3.7%6.0M-89.8M-251.9K1.5810.081,0901,72324,94721,712