TXT Options History — March 2019

In March 2019, TXT traded between $49.86 and $54.66. ATM implied volatility averaged 28.5%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 10.8% (HV 20d: 17.6%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2019-03-22: Highest Volume — 916 contracts
  • 2019-03-12: Largest IV spike — 85.0% change
  • 2019-03-29: Highest IV Rank — 65.7%
  • 2019-03-07: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.78$49.86$54.66$54.66$50.69
Max Pain$52.25$50.00$55.00$50.00$55.00
ATM IV28.5%15.7%34.4%20.1%34.4%
Expected Move7.5%5.6%8.5%5.8%8.1%
HV 20d17.6%15.8%20.3%15.8%20.3%
HV 60d24.2%22.1%26.6%26.6%22.9%
IV Rank44.6%0.0%65.7%14.3%65.7%
IV Percentile61.8%0.0%86.9%20.2%86.9%
Term Structure-3.5%-6.6%7.0%7.0%-6.2%
VWIV26.0%20.2%31.2%20.2%27.1%
Skew 25d5.3%4.0%7.6%7.6%5.0%
Skew 10d8.1%-5.9%15.4%12.0%6.6%
Call IV 25d28.0%17.6%33.4%17.6%33.1%
Put IV 25d33.2%25.2%38.3%25.2%38.1%
Bid-Ask Spread %44.325.9279.485.9260.37
Gamma HHI0.370.270.660.660.32
Net GEX177.2K-120.4K801.6K801.6K-76.0K
Net DEX-1.4M-11.9M5.0M-11.9M3.1M
Net VEX-87.4K-98.8K-81.5K-98.8K-83.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.028.311.811.49
Total Volume380.04887916472314
Total OI13,767.14310,12416,74215,33511,808

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$54.66$50.0020.1%5.8%15.8%14.3%20.2%7.6%7.0%801.6K-11.9M-98.8K1.815.921683049,0686,267
2019-03-04$54.26$50.0022.7%6.5%16.1%23.4%22.7%5.5%-3.1%792.9K-11.0M-94.9K0.027.788529,1356,208
2019-03-05$53.84$50.0022.7%6.5%16.4%23.4%22.7%5.4%-2.5%772.6K-9.3M-93.3K0.528.53100529,1556,209
2019-03-06$53.01$50.0019.4%5.6%16.2%11.8%31.2%5.8%-3.3%645.2K-6.5M-91.2K0.6911.03106739,1556,229
2019-03-07$51.92$50.0029.6%8.5%17.6%48.0%29.0%5.5%-6.6%455.8K-2.3M-87.9K0.886.314283769,1356,229
2019-03-08$51.06$50.0026.7%7.6%17.1%37.7%24.7%5.5%-3.6%400.8K90.9K-88.6K0.5047.823581809,4586,584
2019-03-11$51.99$50.0015.7%7.5%18.1%0.0%24.7%4.0%-2.6%-13.9K-5.0M-84.0K1.5845.931161839,7037,039
2019-03-12$52.00$50.0029.0%7.5%17.9%46.9%26.0%6.0%-2.9%205.0K-4.6M-86.0K8.3156.81423499,7146,948
2019-03-13$52.52$50.0024.4%6.7%16.3%30.8%25.0%4.1%-1.6%62.1K-6.6M-83.5K1.9049.621903619,7067,028
2019-03-14$51.78$50.0028.4%7.4%16.1%44.8%25.2%5.3%-2.4%-65.0K2.4M-83.8K0.1036.68400428,2327,022
2019-03-15$51.67$50.0027.6%7.2%16.1%42.0%24.6%7.6%-2.0%9.6K2.5M-82.2K0.4046.043461378,4507,033
2019-03-18$52.49$0.0033.0%8.1%16.8%61.0%25.3%6.4%-3.6%71.9K-696.4K-86.4K0.3571.244451564,8945,230
2019-03-19$51.92$55.0032.9%8.0%17.1%60.5%24.7%5.2%-4.8%52.3K-648.7K-90.8K0.3364.18153515,4005,671
2019-03-20$51.59$55.0031.1%8.0%16.8%54.3%28.9%4.1%-2.7%29.0K-254.8K-92.6K0.8979.482141905,7565,984
2019-03-21$51.90$55.0031.3%8.0%17.0%54.7%24.1%4.0%-3.4%36.3K-572.6K-91.1K0.8927.401871665,8106,103
2019-03-22$50.22$55.0032.4%8.0%19.8%58.7%27.3%4.5%-4.7%-61.0K3.5M-87.5K0.9736.294654515,8226,100
2019-03-25$49.97$55.0033.9%8.1%19.7%64.0%29.1%4.8%-5.6%-88.1K4.5M-82.5K0.7966.4766525,6315,989
2019-03-26$49.91$55.0034.2%8.1%19.8%65.2%27.7%4.7%-6.2%-98.0K4.8M-81.5K0.8465.80117985,6436,004
2019-03-27$49.86$55.0034.2%8.0%19.6%65.1%28.6%4.8%-6.2%-120.4K5.0M-81.9K1.1869.651001185,7246,045
2019-03-28$50.20$55.0034.3%8.0%20.0%65.6%27.5%4.9%-6.4%-91.4K4.0M-83.6K1.2467.401071335,7286,061
2019-03-29$50.69$55.0034.4%8.1%20.3%65.7%27.1%5.0%-6.2%-76.0K3.1M-83.6K1.4960.371261885,7336,075