TXT Options History — January 2019

In January 2019, TXT traded between $45.07 and $53.39. ATM implied volatility averaged 33.5%, placing in the 63.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 5.7% (HV 20d: 27.7%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 5.54.

Notable Days

  • 2019-01-14: Highest Volume — 15,029 contracts
  • 2019-01-24: Largest IV drop — 27.9% change
  • 2019-01-23: Highest IV Rank — 100.0%
  • 2019-01-23: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.12$45.07$53.39$45.96$53.16
Max Pain$47.14$45.00$50.00$50.00$50.00
ATM IV33.5%23.2%44.1%36.2%23.2%
Expected Move9.7%6.8%12.6%10.4%6.8%
HV 20d27.7%21.6%30.7%26.8%28.3%
HV 60d31.7%27.0%37.5%36.4%27.8%
IV Rank63.6%25.0%100.0%74.6%25.0%
IV Percentile80.0%34.5%100.0%93.3%34.5%
Term Structure-3.0%-8.8%2.5%1.4%2.5%
VWIV36.5%23.9%48.7%35.5%23.9%
Skew 25d5.1%3.4%7.0%6.3%4.0%
Skew 10d12.5%7.5%17.3%13.8%9.4%
Call IV 25d32.6%23.2%43.4%34.0%23.2%
Put IV 25d37.7%27.2%48.0%40.3%27.2%
Bid-Ask Spread %53.656.4775.9340.0211.99
Gamma HHI0.390.200.530.250.44
Net GEX-1.0M-2.9M351.5K-478.5K351.5K
Net DEX11.7M-14.1M32.0M18.8M-14.1M
Net VEX-114.8K-191.2K-70.5K-70.5K-117.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.540.1437.471.881.82
Total Volume3,851.28628515,0291,0121,076
Total OI37,814.04823,67853,59923,67847,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$45.96$50.0036.2%10.4%26.8%74.6%35.5%6.3%1.4%-478.5K18.8M-70.5K1.8840.023516618,41615,262
2019-01-03$45.07$45.0038.9%11.3%25.1%84.3%37.2%7.0%-2.7%-420.1K18.4M-71.5K5.2646.751427478,54315,472
2019-01-04$46.83$45.0033.5%10.9%30.3%64.9%37.7%5.9%-2.7%-531.8K14.9M-76.9K5.6068.641257008,52315,307
2019-01-07$46.50$45.0035.0%11.2%29.3%69.6%40.5%6.7%-3.3%-513.9K15.6M-73.0K0.1462.27390548,56515,314
2019-01-08$47.54$45.0034.4%9.6%30.7%67.4%34.7%5.2%-1.2%-611.6K13.6M-77.2K0.1569.70406628,83315,302
2019-01-09$47.35$45.0037.7%10.8%30.4%79.8%35.9%4.3%-3.0%-592.6K13.1M-78.6K0.3175.93218678,93915,297
2019-01-10$47.86$45.0032.8%9.4%30.5%61.7%36.2%5.5%-1.8%-656.4K13.0M-76.9K0.2261.84292658,89215,299
2019-01-11$48.11$45.0031.5%9.0%29.8%56.8%34.5%3.8%-2.3%-714.1K12.6M-74.8K0.4665.912891348,95515,312
2019-01-14$48.00$45.0036.2%10.4%28.9%74.0%42.5%5.5%-4.7%-710.5K12.1M-73.5K11.2072.231,23213,7978,95615,253
2019-01-15$48.24$45.0035.9%10.3%28.5%73.0%43.0%5.9%-4.3%-1.8M21.3M-124.6K16.8869.9982513,92610,01028,999
2019-01-16$48.06$45.0036.1%10.4%27.9%73.9%48.7%5.0%-4.7%-2.8M31.5M-167.9K37.4763.751877,00710,54442,760
2019-01-17$48.48$45.0036.0%10.3%27.7%73.5%40.0%3.8%-4.9%-2.4M29.2M-160.7K1.4970.7414321310,57042,781
2019-01-18$49.25$45.0036.0%10.3%24.8%73.3%36.0%4.9%-5.2%-1.9M22.9M-146.4K4.8371.104752,29610,64242,801
2019-01-22$48.50$50.0040.6%11.7%21.6%90.6%46.9%3.9%-7.5%-2.5M27.0M-159.2K14.3269.716299,0086,36233,598
2019-01-23$49.07$50.0044.1%12.6%21.7%100.0%46.2%4.6%-8.8%-2.9M32.0M-191.2K2.5423.811,4413,6546,65942,216
2019-01-24$52.10$50.0031.8%9.1%28.0%56.0%37.2%5.8%-3.7%-1.5M2.4M-159.6K7.1145.761,49910,6618,50745,092
2019-01-25$52.57$50.0025.2%7.2%28.0%32.4%27.6%3.4%-1.7%-457.4K-8.0M-129.8K3.5855.751,2904,6249,04037,739
2019-01-28$52.73$50.0025.8%7.4%28.0%34.4%28.9%4.9%-1.4%-310.6K-8.1M-126.6K0.266.475751489,35037,473
2019-01-29$52.78$50.0026.7%7.7%28.1%37.8%28.0%5.4%-2.2%-217.4K-9.5M-132.7K0.3536.065742039,86237,509
2019-01-30$53.39$50.0025.2%7.2%28.1%32.4%26.4%5.9%-1.4%233.0K-14.0M-122.4K0.4838.3346722410,15737,494
2019-01-31$53.16$50.0023.2%6.8%28.3%25.0%23.9%4.0%2.5%351.5K-14.1M-117.7K1.8211.9938169510,05037,440