TXT Options History — April 2019

In April 2019, TXT traded between $50.34 and $55.03. ATM implied volatility averaged 29.7%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.8% (HV 20d: 21.9%). 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 3 of 21 days. Put/call ratio averaged 1.94.

Notable Days

  • 2019-04-16: Highest Volume — 5,720 contracts
  • 2019-04-17: Largest IV drop — 34.5% change
  • 2019-04-08: Highest IV Rank — 100.0%
  • 2019-04-16: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.34$50.34$55.03$51.59$52.97
Max Pain$51.67$50.00$55.00$55.00$55.00
ATM IV29.7%19.8%45.9%37.3%21.0%
Expected Move7.5%5.7%9.3%8.4%6.0%
HV 20d21.9%19.6%24.8%21.6%23.4%
HV 60d21.4%20.2%23.1%22.7%20.4%
IV Rank47.6%13.7%100.0%76.1%17.6%
IV Percentile60.6%18.7%100.0%94.4%28.6%
Term Structure-2.8%-8.0%0.5%-8.0%0.1%
VWIV25.6%20.4%31.6%26.7%21.8%
Skew 25d4.1%1.6%5.9%4.7%3.1%
Skew 10d6.2%-1.9%11.8%8.3%-1.9%
Call IV 25d25.8%19.8%35.2%35.1%21.3%
Put IV 25d29.9%23.1%40.6%39.8%24.3%
Bid-Ask Spread %41.4512.2471.6852.4326.77
Gamma HHI0.300.240.500.290.39
Net GEX205.6K-248.6K1.5M-11.6K745.9K
Net DEX-1.1M-12.0M4.7M557.1K-5.1M
Net VEX-94.4K-114.7K-84.8K-87.2K-114.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.0313.760.120.29
Total Volume1,629.9054135,7202,494788
Total OI16,286.85711,92720,94511,92720,764

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$51.59$55.0037.3%8.4%21.6%76.1%26.7%4.7%-8.0%-11.6K557.1K-87.2K0.1252.432,2332615,7916,136
2019-04-02$50.93$50.0036.9%8.4%21.8%74.6%27.6%5.4%-7.4%12.7K1.7M-92.0K0.6455.014592957,3466,340
2019-04-03$50.34$50.0038.1%8.4%21.6%79.0%22.4%5.0%-2.8%-31.0K3.4M-90.0K0.8557.952962517,4716,385
2019-04-04$51.00$50.0039.1%8.6%21.1%82.2%27.8%5.2%-3.5%19.6K1.7M-92.5K1.3840.722243087,5636,465
2019-04-05$51.53$50.0039.8%8.6%20.6%84.9%28.6%5.2%-3.3%76.4K-135.4K-94.6K1.3939.991732407,6176,500
2019-04-08$51.45$50.0044.3%8.7%19.6%100.0%27.9%5.6%-3.5%65.8K12.6K-93.3K1.9820.491653267,6146,507
2019-04-09$50.50$50.0045.9%8.8%20.6%100.0%30.0%5.3%-3.5%-90.7K3.6M-86.3K1.0829.922772987,5866,732
2019-04-10$50.39$50.0030.4%8.7%20.1%48.8%30.6%5.6%-4.0%-116.2K4.2M-84.8K4.3354.424351,8847,5726,744
2019-04-11$50.84$50.0030.4%8.7%20.0%48.9%30.5%5.6%-3.9%-248.6K4.7M-94.3K13.7665.491391,9127,7448,581
2019-04-12$51.60$50.0030.6%8.8%20.7%49.4%30.2%5.9%-4.3%-127.4K2.0M-96.7K6.5171.682931,9077,7388,591
2019-04-15$51.41$50.0031.1%8.9%19.9%51.0%30.3%5.6%-5.1%-172.5K2.1M-86.7K2.2041.132605717,6138,626
2019-04-16$52.17$50.0032.4%9.3%20.3%55.5%31.6%4.4%-6.0%-455-485.6K-90.4K3.2433.691,3504,3707,7538,760
2019-04-17$54.31$50.0021.2%6.1%24.5%18.4%23.4%2.4%-0.8%671.3K-9.8M-95.6K0.8552.302,5532,1828,48512,460
2019-04-18$55.03$50.0019.8%5.7%24.8%13.7%20.4%3.3%0.0%1.5M-12.0M-95.0K0.8542.298547228,31312,572
2019-04-22$53.88$50.0021.0%6.0%22.8%17.6%21.5%1.6%-1.0%142.8K-1.9M-91.9K0.3414.383751276,9518,990
2019-04-23$54.24$55.0020.6%5.9%22.6%16.2%20.9%2.0%-0.5%254.4K-3.1M-93.5K0.3651.824451597,0939,044
2019-04-24$54.41$55.0020.8%6.0%22.5%17.1%21.3%2.0%-0.5%298.1K-3.6M-93.7K0.1946.161,5112867,2149,143
2019-04-25$53.50$55.0020.8%6.0%23.7%16.9%21.9%2.3%-0.1%177.3K-1.4M-98.1K0.3823.243161218,2199,138
2019-04-26$53.59$55.0020.4%5.9%23.7%15.7%21.6%2.6%-0.3%216.3K-1.8M-96.5K0.0338.433,6451048,3859,150
2019-04-29$53.53$55.0020.8%6.0%23.6%17.0%21.3%3.3%0.5%901.5K-7.4M-114.7K0.0312.241,0803311,1809,148
2019-04-30$52.97$55.0021.0%6.0%23.4%17.6%21.8%3.1%0.1%745.9K-5.1M-114.6K0.2926.7760917911,5949,170