TXT Options History — May 2019

In May 2019, TXT traded between $45.27 and $53.31. ATM implied volatility averaged 26.4%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 1.3% (HV 20d: 27.7%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 2.25.

Notable Days

  • 2019-05-24: Highest Volume — 2,280 contracts
  • 2019-05-07: Largest IV spike — 40.0% change
  • 2019-05-13: Highest IV Rank — 64.3%
  • 2019-05-23: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.70$45.27$53.31$52.97$45.27
Max Pain$50.68$50.00$55.00$55.00$50.00
ATM IV26.4%19.8%35.1%21.3%28.8%
Expected Move7.2%5.7%8.4%6.1%8.3%
HV 20d27.7%22.3%31.1%22.8%30.5%
HV 60d23.1%19.9%25.5%20.4%25.5%
IV Rank35.5%13.8%64.3%18.6%43.6%
IV Percentile51.1%19.0%86.5%31.3%59.9%
Term Structure2.8%0.1%9.3%0.1%2.9%
VWIV24.9%18.8%30.2%21.3%26.9%
Skew 25d4.1%0.9%6.5%2.3%6.5%
Skew 10d7.7%-3.7%16.6%-3.7%11.1%
Call IV 25d23.7%20.6%27.3%21.1%27.3%
Put IV 25d27.9%21.5%33.8%23.4%33.8%
Bid-Ask Spread %54.1820.6266.3720.6245.47
Gamma HHI0.440.340.750.410.75
Net GEX-105.9K-849.0K1.1M901.6K-831.5K
Net DEX5.1M-8.8M15.8M-6.4M15.8M
Net VEX-91.9K-123.5K-61.3K-119.3K-61.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.250.1014.740.280.96
Total Volume830.2271882,280982850
Total OI21,565.22719,02523,54921,42419,038

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$52.97$55.0021.3%6.1%22.8%18.6%21.3%2.3%0.1%901.6K-6.4M-119.3K0.2820.6276821412,2399,185
2019-05-02$52.45$55.0019.8%5.7%22.6%13.8%18.8%2.3%9.3%596.1K-3.3M-116.3K0.6232.9834921812,1769,217
2019-05-03$53.01$55.0021.2%6.1%22.5%18.2%21.1%0.9%0.5%897.4K-6.0M-117.5K0.2361.5871216512,2899,230
2019-05-06$53.31$50.0023.4%6.4%22.3%25.7%23.3%2.4%2.9%1.1M-8.8M-123.5K0.2554.3052412913,0019,261
2019-05-07$51.52$50.0032.8%7.8%25.7%56.9%26.9%4.9%0.9%180.1K378.3K-119.1K0.1761.281,00016513,2199,323
2019-05-08$51.92$50.0031.2%7.6%24.8%51.3%30.2%4.4%1.5%402.1K-2.0M-116.9K0.8864.3420117613,7579,331
2019-05-09$50.89$50.0031.8%7.6%26.0%53.3%28.3%5.1%2.3%-178.4K4.1M-109.3K2.8766.3725573213,8329,334
2019-05-10$51.34$50.0027.9%7.2%26.0%40.4%24.8%4.8%2.7%-57.3K1.4M-107.5K0.3657.861385013,9329,617
2019-05-13$49.09$50.0035.1%7.8%29.9%64.3%28.1%4.2%2.2%-849.0K12.5M-92.0K14.7465.981101,62113,9329,617
2019-05-14$50.18$50.0028.9%7.1%31.1%43.7%27.6%3.8%3.0%-283.3K4.0M-94.4K2.0264.395611,13614,0198,846
2019-05-15$50.25$50.0023.8%6.8%30.6%26.9%23.5%4.6%3.4%-557.2K5.0M-88.4K1.0764.8611512314,2838,905
2019-05-16$50.97$50.0023.3%6.7%27.0%25.1%21.7%4.5%3.7%485.5K-88.3K-96.1K0.3257.4236711814,3759,021
2019-05-17$49.17$50.0023.4%6.7%28.7%25.4%23.8%4.1%3.6%17.9K11.9M-80.9K1.3859.3325435114,3409,018
2019-05-20$48.45$50.0023.9%6.8%28.3%27.1%25.9%3.5%3.4%-227.4K7.5M-73.7K6.6547.2714596412,2767,348
2019-05-21$49.39$50.0022.6%6.5%29.3%23.0%24.4%3.8%4.1%-120.4K5.9M-80.5K6.0246.6311669812,3268,028
2019-05-22$48.72$50.0022.8%6.5%29.4%23.5%23.5%4.5%4.0%-403.7K8.7M-77.5K0.4760.861979212,3318,548
2019-05-23$47.41$50.0029.3%8.4%30.1%45.1%27.6%3.6%0.8%-577.9K11.7M-75.6K1.3960.6948066812,4178,541
2019-05-24$47.53$50.0023.8%6.8%30.1%27.0%21.2%5.1%3.5%-545.8K10.7M-73.6K0.1047.392,07021012,5408,349
2019-05-28$46.76$50.0029.1%8.3%30.3%44.5%27.0%4.3%1.2%-726.1K12.9M-68.2K4.7456.703516610,6818,486
2019-05-29$46.54$50.0028.5%8.2%30.3%42.5%26.2%5.2%2.7%-762.1K13.3M-67.9K3.4246.998930410,6998,503
2019-05-30$46.17$50.0027.8%8.0%30.2%40.0%25.1%5.8%3.5%-808.9K14.0M-63.0K0.4948.6642220710,6868,339
2019-05-31$45.27$50.0028.8%8.3%30.5%43.6%26.9%6.5%2.9%-831.5K15.8M-61.3K0.9645.4743341710,7028,336