TXT Options History — July 2018

In July 2018, TXT traded between $65.79 and $68.23. ATM implied volatility averaged 25.8%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 12.3% (HV 20d: 13.5%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 10.93.

Notable Days

  • 2018-07-18: Highest Volume — 23,479 contracts
  • 2018-07-11: Largest IV drop — 31.9% change
  • 2018-07-10: Highest IV Rank — 89.0%
  • 2018-07-02: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.74$65.79$68.23$66.06$68.23
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV25.8%17.8%37.5%32.8%17.8%
Expected Move6.8%5.1%9.4%9.4%5.1%
HV 20d13.5%11.2%15.7%14.1%15.7%
HV 60d15.6%12.8%19.4%19.3%14.1%
IV Rank41.6%9.3%89.0%70.0%9.3%
IV Percentile53.2%2.4%98.4%92.1%2.4%
Term Structure-2.3%-7.0%0.4%-7.0%0.1%
VWIV24.0%18.6%34.4%32.7%18.9%
Skew 25d3.6%2.0%5.1%5.1%2.9%
Skew 10d6.9%3.7%10.9%7.9%3.7%
Call IV 25d21.9%17.9%30.1%30.0%18.1%
Put IV 25d25.5%20.7%35.2%35.2%21.1%
Bid-Ask Spread %24.467.3887.2115.0715.40
Gamma HHI0.350.290.460.300.40
Net GEX931.4K-158.8K1.7M-42.7K1.7M
Net DEX-25.2M-39.4M-11.7M-12.5M-35.2M
Net VEX-231.6K-269.7K-193.1K-261.0K-227.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.932.1219.4411.486.72
Total Volume11,721.2869,15923,4799,82010,160
Total OI37,826.61933,61445,80937,61439,746

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$66.06$65.0032.8%9.4%14.1%70.0%32.7%5.1%-7.0%-42.7K-12.5M-261.0K11.4815.077879,03315,30222,312
2018-07-03$65.94$65.0032.7%9.4%13.1%69.6%34.4%5.1%-6.9%-124.7K-11.9M-269.7K19.4419.744488,71115,50222,560
2018-07-05$65.91$65.0036.8%7.7%12.5%86.1%28.4%4.3%-3.0%-107.3K-11.7M-261.8K15.4419.4190613,99315,50822,591
2018-07-06$65.79$65.0033.5%7.1%12.5%72.6%25.0%3.5%-2.1%838.2K-23.3M-193.1K16.8618.8665511,04515,57018,133
2018-07-09$66.72$65.0036.1%7.1%13.5%83.4%24.9%3.5%-2.8%1.2M-27.1M-196.3K13.5017.787279,81415,57018,044
2018-07-10$66.90$65.0037.5%7.1%13.6%89.0%27.6%4.6%-2.8%1.3M-27.0M-210.1K13.8387.216669,21015,56518,421
2018-07-11$66.05$65.0025.6%7.3%13.6%40.6%25.3%4.3%-3.4%921.7K-21.3M-213.8K12.6814.887329,28215,59418,640
2018-07-12$66.69$65.0025.2%7.2%14.2%39.0%25.8%4.0%-3.1%1.2M-24.5M-215.2K14.8221.746169,13115,59118,713
2018-07-13$67.19$65.0025.5%7.3%14.3%40.5%24.4%3.1%-3.8%1.4M-28.9M-205.9K14.2687.086288,95415,58018,689
2018-07-16$66.70$65.0027.5%7.9%14.5%48.4%27.4%4.2%-4.3%1.2M-26.2M-204.0K17.6612.5060610,69915,60418,707
2018-07-17$66.99$65.0027.7%7.9%14.5%49.0%27.4%4.0%-4.9%891.7K-24.3M-223.4K7.4180.091,35910,07015,77120,498
2018-07-18$66.29$65.0020.9%6.0%13.9%21.6%21.3%4.4%-0.8%-158.8K-17.3M-210.5K2.1213.807,53015,94916,12721,603
2018-07-19$66.94$65.0021.2%6.1%14.0%23.0%20.5%3.5%-0.8%1.6M-38.9M-265.2K7.8010.161,50711,76020,45025,359
2018-07-20$66.93$65.0019.9%5.7%13.9%17.8%19.1%2.5%0.4%1.7M-39.4M-252.5K9.0217.781,22111,00920,28425,308
2018-07-23$66.58$65.0020.4%5.9%13.9%19.9%20.4%2.9%0.0%1.5M-28.9M-260.3K2.5311.544,43011,18818,01722,192
2018-07-24$66.90$65.0020.5%5.9%11.6%20.1%20.3%2.3%-0.4%814.0K-24.4M-250.3K10.3212.731,05210,85416,80422,578
2018-07-25$67.08$65.0020.6%5.9%11.2%20.4%21.6%2.8%-0.7%856.2K-24.9M-236.6K9.888.781,08810,75216,51922,607
2018-07-26$68.05$65.0018.4%5.3%11.7%11.4%19.9%3.4%0.0%1.5M-33.8M-238.6K5.419.091,5968,63116,75622,686
2018-07-27$66.86$65.0020.6%5.9%13.5%20.6%18.6%3.0%-0.5%807.3K-24.8M-238.2K8.7412.709838,58716,81922,690
2018-07-30$66.68$65.0020.6%5.9%13.5%20.6%20.2%2.0%-0.5%629.5K-23.5M-229.0K9.557.389278,85116,64422,705
2018-07-31$68.23$65.0017.8%5.1%15.7%9.3%18.9%2.9%0.1%1.7M-35.2M-227.2K6.7215.401,3168,84416,81722,929