TXT Options History — July 2019

In July 2019, TXT traded between $48.78 and $54.03. ATM implied volatility averaged 27.1%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 2.8% (HV 20d: 29.9%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.78.

Notable Days

  • 2019-07-17: Highest Volume — 5,798 contracts
  • 2019-07-10: Largest IV drop — 31.2% change
  • 2019-07-09: Highest IV Rank — 77.9%
  • 2019-07-03: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.55$48.78$54.03$53.00$49.60
Max Pain$51.14$50.00$55.00$50.00$50.00
ATM IV27.1%21.9%39.2%30.8%24.0%
Expected Move7.4%6.3%9.0%8.8%6.9%
HV 20d29.9%18.3%41.4%24.3%41.0%
HV 60d30.1%26.1%33.7%27.4%33.7%
IV Rank37.9%20.4%77.9%50.1%27.5%
IV Percentile48.6%24.6%95.6%67.1%35.7%
Term Structure-2.0%-6.1%0.3%-4.9%-1.0%
VWIV26.2%21.7%32.1%31.5%24.0%
Skew 25d3.6%1.3%10.0%2.5%10.0%
Skew 10d8.0%3.1%16.3%8.9%16.3%
Call IV 25d25.3%18.7%31.9%31.0%18.7%
Put IV 25d28.9%23.8%33.5%33.5%28.8%
Bid-Ask Spread %20.673.6967.6667.6655.38
Gamma HHI0.370.280.480.400.28
Net GEX351.8K56.7K520.3K321.7K300.6K
Net DEX-5.0M-12.4M6.6M-9.4M-192.4K
Net VEX-88.0K-104.4K-71.6K-84.4K-95.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.123.080.620.21
Total Volume963.7271485,798300745
Total OI12,866.13611,37517,31311,37513,777

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$53.00$50.0030.8%8.8%24.3%50.1%31.5%2.5%-4.9%321.7K-9.4M-84.4K0.6267.661851156,6924,683
2019-07-02$52.83$50.0031.1%8.9%19.5%51.2%32.0%1.7%-5.4%312.6K-8.7M-83.9K0.915.781181076,7064,758
2019-07-03$52.90$50.0031.5%9.0%19.4%52.4%32.1%1.3%-6.1%325.2K-9.1M-85.2K0.727.19132956,7404,774
2019-07-05$53.03$50.0033.5%7.6%19.4%59.0%26.9%3.2%-2.1%328.5K-9.3M-83.8K0.849.61112946,7484,794
2019-07-08$52.59$50.0038.0%7.7%19.7%73.8%27.3%4.3%-2.3%304.7K-8.1M-81.4K0.1931.36315616,7604,792
2019-07-09$53.27$50.0039.2%7.8%19.6%77.9%27.3%3.5%-2.6%372.1K-10.2M-82.5K0.1218.40349416,8574,807
2019-07-10$52.51$55.0027.0%7.7%18.3%37.4%28.3%3.5%-2.4%326.8K-8.2M-80.0K0.508.48112566,9304,834
2019-07-11$52.55$55.0026.7%7.6%18.3%36.4%28.8%3.5%-2.3%329.0K-8.4M-80.7K0.626.521671046,9654,849
2019-07-12$53.60$55.0027.2%7.8%18.9%38.2%28.6%3.5%-2.6%393.9K-11.1M-80.7K0.3710.623511316,9204,884
2019-07-15$53.25$55.0028.1%8.0%19.2%41.0%28.7%3.3%-3.4%391.8K-10.4M-82.2K0.2717.444141127,1134,980
2019-07-16$54.03$55.0028.5%8.2%19.4%42.6%30.5%3.4%-3.6%433.8K-12.4M-83.6K0.3031.921,7455207,0685,055
2019-07-17$49.00$50.0023.0%6.6%39.7%24.2%23.0%3.1%-0.3%56.7K5.9M-71.6K0.5862.973,6602,1388,3165,316
2019-07-18$48.78$50.0021.9%6.3%39.7%20.7%22.3%3.3%0.1%344.3K6.6M-81.9K0.8050.492,1951,7469,6796,149
2019-07-19$49.19$50.0022.1%6.3%38.4%21.2%21.7%3.1%-0.1%386.7K4.1M-98.4K0.816.031,2481,00510,5146,799
2019-07-22$49.75$50.0021.9%6.3%38.7%20.4%22.1%4.1%0.3%397.1K-1.1M-96.1K0.2813.51303857,9695,415
2019-07-23$51.06$50.0023.0%6.6%40.0%24.3%23.2%3.7%-0.4%483.3K-5.1M-99.1K1.5123.442203337,9265,446
2019-07-24$52.03$50.0023.9%6.9%40.6%27.4%22.7%2.7%-1.4%520.3K-7.7M-104.4K0.476.393921847,8275,464
2019-07-25$50.81$50.0024.1%6.9%41.4%28.0%24.1%4.5%-1.0%405.0K-3.7M-97.5K1.256.671812277,7495,470
2019-07-26$50.15$50.0023.1%6.6%41.3%24.6%23.2%3.5%-0.6%367.8K-2.0M-95.7K3.083.691735337,7515,446
2019-07-29$49.85$50.0024.2%6.9%40.7%28.1%24.2%4.4%-1.4%306.9K-680.6K-93.3K1.186.8568807,7955,820
2019-07-30$50.25$50.0024.0%6.9%40.9%27.6%24.2%3.7%-1.2%330.9K-1.3M-94.3K1.434.301031477,8195,899
2019-07-31$49.60$50.0024.0%6.9%41.0%27.5%24.0%10.0%-1.0%300.6K-192.4K-95.0K0.2155.386171287,8305,947