TXT Options History — May 2018

In May 2018, TXT traded between $61.93 and $66.98. ATM implied volatility averaged 20.7%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 0.2% (HV 20d: 20.9%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2018-05-08: Highest Volume — 3,411 contracts
  • 2018-05-04: Largest IV drop — 19.3% change
  • 2018-05-03: Highest IV Rank — 42.7%
  • 2018-05-01: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.34$61.93$66.98$61.93$66.59
Max Pain$60.45$60.00$65.00$65.00$60.00
ATM IV20.7%18.6%26.1%25.1%20.0%
Expected Move5.9%5.3%7.2%7.2%5.7%
HV 20d20.9%11.8%30.5%30.4%12.3%
HV 60d24.5%22.8%27.5%27.5%22.9%
IV Rank20.9%12.2%42.7%38.6%18.0%
IV Percentile19.3%2.0%68.3%63.5%13.9%
Term Structure2.3%-4.8%4.2%-2.2%3.0%
VWIV20.6%18.1%23.4%23.1%19.7%
Skew 25d2.8%2.1%3.8%3.3%2.3%
Skew 10d6.6%2.6%8.5%7.8%7.2%
Call IV 25d19.3%16.9%22.2%22.2%18.1%
Put IV 25d22.0%19.2%25.5%25.5%20.4%
Bid-Ask Spread %13.264.6168.2268.224.61
Gamma HHI0.520.420.650.440.48
Net GEX3.6M1.4M5.2M1.4M5.2M
Net DEX-61.8M-81.9M-18.1M-18.1M-74.8M
Net VEX-221.0K-251.5K-194.3K-212.2K-208.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.301.691.690.58
Total Volume1,694.1828943,4111,6071,159
Total OI37,932.68235,69744,05635,98736,389

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$61.93$65.0025.1%7.2%30.4%38.6%23.1%3.3%-2.2%1.4M-18.1M-212.2K1.6968.225981,00915,51720,470
2018-05-02$62.51$65.0022.1%6.3%30.5%26.6%23.4%3.2%-0.0%1.6M-23.1M-226.9K0.3013.392,53574815,60720,280
2018-05-03$62.50$60.0026.1%6.9%29.7%42.7%23.4%3.0%1.0%1.8M-29.0M-217.9K0.6910.8989261416,77120,372
2018-05-04$63.15$60.0021.1%6.2%27.8%22.3%23.4%2.4%2.0%2.2M-35.9M-213.7K0.568.211,30172516,99120,384
2018-05-07$63.81$60.0023.5%6.3%27.8%32.4%22.2%2.5%2.0%2.6M-41.6M-226.8K0.4813.901,90692217,24720,371
2018-05-08$64.98$60.0023.0%6.3%28.2%30.4%22.2%3.0%1.9%2.9M-56.0M-251.5K0.3117.062,60980218,20720,543
2018-05-09$64.99$60.0020.3%5.8%28.2%19.5%20.5%2.5%3.2%3.3M-60.8M-225.4K0.488.551,66179518,83320,542
2018-05-10$65.60$60.0020.3%5.8%28.2%19.1%20.2%2.8%3.3%3.2M-65.4M-218.5K0.4736.181,26559818,68020,587
2018-05-11$65.76$60.0019.9%5.7%27.3%17.6%20.5%2.9%3.5%3.3M-67.5M-225.1K0.677.3691861118,69920,591
2018-05-14$65.61$60.0019.4%5.6%27.0%15.6%19.6%2.6%3.4%3.4M-66.4M-213.4K0.8410.4075262818,63320,579
2018-05-15$65.29$60.0019.7%5.7%27.1%16.9%20.2%2.7%3.3%3.4M-63.2M-203.9K1.0212.7957858918,58120,560
2018-05-16$65.58$60.0019.1%5.5%16.8%14.6%19.0%2.6%3.6%3.5M-67.6M-194.3K0.8610.0760252018,58020,580
2018-05-17$66.21$60.0019.3%5.5%14.6%15.3%19.8%2.9%3.4%4.2M-80.6M-237.8K0.6610.571,22081123,37620,604
2018-05-18$66.35$60.0019.2%5.5%14.6%14.8%19.7%2.9%3.5%4.5M-81.9M-236.8K0.517.471,28865323,38420,672
2018-05-21$66.97$60.0019.6%5.6%14.0%16.2%19.4%2.5%-4.8%4.4M-78.4M-226.1K0.637.5885253821,27514,422
2018-05-22$66.58$60.0019.5%5.6%13.7%15.9%19.6%2.7%4.2%4.6M-74.8M-224.2K0.685.3973950321,29714,469
2018-05-23$66.57$60.0019.5%5.6%12.7%16.2%19.6%3.3%3.2%4.7M-75.3M-222.7K0.746.5762946521,38314,567
2018-05-24$66.98$60.0019.2%5.5%12.7%14.8%18.4%2.3%3.6%4.7M-78.8M-227.1K0.876.9747941521,37514,595
2018-05-25$66.57$60.0018.6%5.3%11.8%12.2%18.1%2.3%3.9%5.0M-74.9M-215.8K0.928.5980073521,32714,598
2018-05-29$65.92$60.0020.7%5.9%11.9%20.8%20.7%3.8%3.1%5.1M-67.2M-227.3K0.826.5649140321,49514,768
2018-05-30$66.93$60.0020.0%5.7%12.0%18.2%19.8%2.1%3.1%5.0M-79.4M-206.5K0.8110.3850640821,52914,789
2018-05-31$66.59$60.0020.0%5.7%12.3%18.0%19.7%2.3%3.0%5.2M-74.8M-208.6K0.584.6173442521,56914,820