TXT Options History — August 2018

In August 2018, TXT traded between $65.42 and $69.64. ATM implied volatility averaged 18.3%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 2.7% (HV 20d: 15.6%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 9.35.

Notable Days

  • 2018-08-13: Highest Volume — 12,694 contracts
  • 2018-08-13: Largest IV spike — 20.0% change
  • 2018-08-13: Highest IV Rank — 28.1%
  • 2018-08-15: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.59$65.42$69.64$67.53$68.96
Max Pain$62.39$60.00$65.00$65.00$65.00
ATM IV18.3%16.2%22.5%18.2%16.4%
Expected Move5.1%4.6%5.9%5.2%4.7%
HV 20d15.6%13.1%17.7%16.2%13.2%
HV 60d14.1%13.6%14.9%14.1%14.2%
IV Rank11.1%2.5%28.1%10.8%3.6%
IV Percentile8.8%0.4%42.9%3.2%1.6%
Term Structure3.7%-0.4%5.6%-0.4%5.6%
VWIV18.9%16.5%23.0%19.9%17.7%
Skew 25d3.2%2.2%4.3%2.2%3.2%
Skew 10d6.4%2.5%12.8%3.6%3.9%
Call IV 25d17.3%16.1%19.4%18.5%17.0%
Put IV 25d20.5%18.9%23.5%20.6%20.1%
Bid-Ask Spread %18.334.6869.4017.348.24
Gamma HHI0.420.350.510.370.49
Net GEX696.6K-1.9M1.9M1.3M1.6M
Net DEX-25.8M-35.7M-10.8M-30.0M-30.7M
Net VEX-200.3K-232.0K-166.2K-226.8K-171.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.352.4114.329.9114.25
Total Volume10,478.6099,64712,6949,64710,080
Total OI37,309.65232,60841,08840,00634,660

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$67.53$65.0018.2%5.2%16.2%10.8%19.9%2.2%-0.4%1.3M-30.0M-226.8K9.9117.348848,76316,89423,112
2018-08-02$67.59$65.0016.9%4.8%16.2%5.6%19.7%2.8%0.2%1.2M-30.5M-232.0K8.5610.211,0298,80616,91423,260
2018-08-03$67.16$65.0019.1%5.5%16.4%14.6%16.7%2.2%0.3%931.4K-26.3M-223.4K4.7911.621,8819,00416,93623,017
2018-08-06$66.99$60.0019.8%5.5%15.7%17.2%21.7%3.7%3.4%815.7K-26.5M-223.7K7.9512.881,1318,99417,42823,286
2018-08-07$67.39$60.0019.8%5.4%15.8%17.3%19.3%3.2%3.7%1.2M-29.5M-217.5K12.3414.327258,94817,44223,232
2018-08-08$67.09$60.0019.2%5.3%15.2%14.7%18.2%3.1%3.7%798.0K-26.5M-219.4K8.7110.401,0288,95117,37423,208
2018-08-09$66.36$60.0018.7%5.2%15.3%12.7%20.9%3.2%4.0%-59.8K-21.5M-209.2K10.7311.449159,81517,24023,165
2018-08-10$65.85$60.0018.7%5.3%15.3%13.0%19.4%3.4%3.8%-810.6K-15.0M-219.1K10.4210.448558,91117,15723,931
2018-08-13$65.42$60.0022.5%5.7%15.2%28.1%20.3%3.1%2.6%-1.3M-10.8M-220.9K2.4154.183,7188,97617,11223,951
2018-08-14$66.13$60.0021.4%5.5%15.7%23.6%19.3%3.7%3.3%-951.2K-18.2M-205.1K2.908.323,0668,87814,77224,036
2018-08-15$65.50$60.0020.5%5.9%15.6%20.1%16.5%4.0%2.7%-1.9M-11.5M-209.0K3.0169.402,9889,00314,70924,067
2018-08-16$66.25$60.0019.7%5.6%15.8%16.9%19.1%4.1%3.3%-685.5K-20.8M-201.2K10.3024.058678,92714,70524,211
2018-08-17$66.72$60.0019.1%5.5%16.0%14.4%23.0%3.2%3.6%796.5K-26.2M-187.3K14.3225.426719,60914,63524,217
2018-08-20$67.57$60.0016.4%4.7%16.5%3.7%18.0%3.7%4.4%1.1M-22.2M-191.9K9.647.689228,88812,28120,376
2018-08-21$68.85$60.0017.0%4.9%17.7%6.1%19.8%2.7%4.9%1.6M-31.8M-178.5K8.325.721,1939,92112,24820,360
2018-08-22$68.68$65.0016.7%4.8%17.7%4.5%17.3%3.4%5.1%1.3M-30.0M-183.6K11.7514.407749,09412,34921,377
2018-08-23$68.37$65.0017.2%4.9%17.1%6.9%17.7%3.0%4.7%1.2M-25.0M-197.8K8.928.801,0319,19312,27421,586
2018-08-24$68.64$65.0016.3%4.7%15.8%3.1%17.2%2.5%5.1%1.1M-27.5M-186.8K12.394.687429,19012,09321,613
2018-08-27$69.11$65.0016.7%4.8%15.8%4.7%19.3%3.5%5.2%1.5M-30.6M-184.7K12.556.477869,86412,19421,614
2018-08-28$69.49$65.0016.9%4.8%13.8%5.5%19.1%4.3%5.4%1.6M-33.1M-181.6K10.2410.129699,92512,21521,898
2018-08-29$69.64$65.0016.2%4.6%13.1%2.5%17.9%2.8%5.5%1.9M-35.7M-166.2K10.647.019229,81412,40121,964
2018-08-30$69.28$65.0016.8%4.8%13.4%5.1%17.2%2.7%5.6%1.7M-33.0M-170.8K9.9868.509439,41412,46522,143
2018-08-31$68.96$65.0016.4%4.7%13.2%3.6%17.7%3.2%5.6%1.6M-30.7M-171.0K14.258.246619,41912,49522,165