TXT Options History — January 2018

In January 2018, TXT traded between $57.28 and $61.29. ATM implied volatility averaged 26.2%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 12.4% (HV 20d: 13.8%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.15.

Notable Days

  • 2018-01-05: Highest Volume — 18,888 contracts
  • 2018-01-05: Largest IV spike — 42.9% change
  • 2018-01-29: Highest IV Rank — 97.7%
  • 2018-01-29: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.08$57.28$61.29$57.28$58.67
Max Pain$55.00$50.00$60.00$50.00$60.00
ATM IV26.2%15.5%39.2%20.5%22.2%
Expected Move7.9%5.9%11.2%5.9%6.4%
HV 20d13.8%11.4%18.7%14.5%18.7%
HV 60d15.1%14.7%16.0%15.1%16.0%
IV Rank43.1%0.0%97.7%11.8%27.5%
IV Percentile61.6%0.0%99.6%16.7%34.9%
Term Structure-3.0%-9.5%3.4%3.4%-1.6%
VWIV27.7%19.8%38.7%19.8%22.2%
Skew 25d2.0%0.3%3.1%3.1%1.5%
Skew 10d4.1%-4.7%9.9%9.9%-0.8%
Call IV 25d27.3%17.2%36.9%17.2%23.8%
Put IV 25d29.3%20.3%39.2%20.3%25.2%
Bid-Ask Spread %25.1110.4079.6312.4654.81
Gamma HHI0.520.250.740.740.25
Net GEX3.3M383.2K5.7M5.7M383.2K
Net DEX-80.1M-127.1M-10.9M-98.8M-10.9M
Net VEX-218.8K-238.4K-189.7K-231.2K-234.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.074.631.464.63
Total Volume4,435.2381,37518,8883,0988,987
Total OI42,128.85728,53151,66346,71536,618

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-01-02$57.28$50.0020.5%5.9%14.5%11.8%19.8%3.1%3.4%5.7M-98.8M-231.2K1.4612.461,2571,84125,00221,713
2018-01-03$57.68$50.0021.4%6.1%14.6%15.8%21.9%1.0%2.3%4.7M-104.7M-212.8K0.4279.634,1721,77025,01121,802
2018-01-04$57.61$55.0015.5%6.5%11.7%0.0%22.9%2.7%-1.1%4.6M-94.7M-189.7K1.8522.819991,85122,98621,774
2018-01-05$58.46$55.0022.2%8.2%12.2%27.5%28.7%0.3%-3.1%3.6M-98.7M-197.9K0.0727.2517,6451,24322,77621,803
2018-01-08$58.38$55.0023.0%8.4%11.5%30.9%29.1%0.9%-3.3%5.4M-110.8M-236.4K0.5042.242,2281,10729,47322,045
2018-01-09$58.48$55.0019.5%7.7%11.5%16.2%27.0%1.3%-2.6%4.7M-109.0M-238.4K0.5119.882,1071,06628,62722,131
2018-01-10$58.38$55.0026.5%7.6%11.4%45.2%26.5%1.7%-2.1%4.7M-107.4M-234.8K0.8214.421,2511,02828,47122,132
2018-01-11$59.06$55.0026.1%7.5%11.7%43.7%26.6%2.1%-2.0%4.4M-116.1M-222.4K0.5616.361,9071,06528,50922,135
2018-01-12$60.11$55.0025.3%7.3%12.5%40.4%25.5%1.9%-1.4%4.3M-127.1M-213.5K0.3219.523,4711,12028,56322,144
2018-01-16$58.77$55.0027.1%7.8%15.6%47.6%27.3%2.0%-2.7%4.1M-111.1M-213.5K1.2316.612,3242,87028,35322,221
2018-01-17$59.11$55.0027.3%7.8%15.2%48.7%27.5%1.4%-3.0%3.8M-110.2M-232.7K1.2520.361,3941,74928,13023,379
2018-01-18$58.84$55.0026.9%7.7%14.4%47.0%28.2%1.9%-2.9%3.0M-107.2M-221.7K1.7513.901,0771,88528,12423,370
2018-01-19$58.89$55.0027.1%7.8%14.4%47.5%27.3%2.3%-3.0%2.0M-106.9M-220.9K0.6813.731,5041,02428,13623,527
2018-01-22$59.09$55.0027.7%7.9%14.0%50.0%27.8%2.8%-3.8%2.2M-31.7M-214.2K1.0010.4068868713,26715,264
2018-01-23$59.17$55.0028.2%8.1%14.0%52.1%29.9%2.8%-4.4%2.2M-33.7M-212.0K1.5517.1454784913,32915,306
2018-01-24$59.75$55.0029.1%8.3%13.7%55.8%29.3%1.7%-4.8%2.2M-37.4M-211.3K0.5813.031,36179513,43515,461
2018-01-25$60.56$55.0028.1%8.0%14.2%51.6%28.3%3.0%-4.3%2.2M-41.7M-215.6K0.6713.331,37291913,41415,507
2018-01-26$60.82$55.0028.9%8.3%14.2%55.2%29.0%2.8%-4.6%2.2M-43.6M-204.2K0.7715.991,15589313,33115,673
2018-01-29$61.29$55.0039.2%11.2%14.3%97.7%38.7%2.9%-9.2%1.8M-43.3M-212.9K0.8652.443,9963,42013,16715,830
2018-01-30$60.28$60.0038.1%10.9%15.7%93.1%38.2%2.1%-9.5%1.4M-36.1M-223.7K2.6531.071,7874,72914,39118,376
2018-01-31$58.67$60.0022.2%6.4%18.7%27.5%22.2%1.5%-1.6%383.2K-10.9M-234.2K4.6354.811,5967,39114,58222,036