TXT Options History — August 2019

In August 2019, TXT traded between $42.86 and $48.23. ATM implied volatility averaged 30.2%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 6.5% (HV 20d: 36.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.97.

Notable Days

  • 2019-08-08: Highest Volume — 3,277 contracts
  • 2019-08-08: Largest IV drop — 31.6% change
  • 2019-08-12: Highest IV Rank — 75.8%
  • 2019-08-02: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.28$42.86$48.23$47.99$45.00
Max Pain$45.45$45.00$50.00$50.00$45.00
ATM IV30.2%25.2%38.5%26.6%26.9%
Expected Move8.2%7.2%9.6%7.6%7.7%
HV 20d36.8%30.7%43.9%42.3%33.2%
HV 60d33.4%32.3%34.5%33.6%33.2%
IV Rank48.2%31.6%75.8%36.3%37.2%
IV Percentile58.5%36.5%93.3%43.3%39.7%
Term Structure1.6%-4.3%4.8%-2.2%4.8%
VWIV28.2%24.6%33.5%28.9%32.6%
Skew 25d6.2%4.4%11.4%5.1%7.1%
Skew 10d11.4%2.7%24.6%9.6%11.6%
Call IV 25d26.5%20.9%29.6%26.7%25.0%
Put IV 25d32.7%29.9%35.4%31.7%32.1%
Bid-Ask Spread %38.0118.1959.3618.1934.39
Gamma HHI0.340.270.460.290.29
Net GEX-149.1K-388.9K236.5K236.5K-151.9K
Net DEX9.5M3.7M15.9M3.7M6.2M
Net VEX-80.4K-91.9K-68.9K-91.9K-79.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.970.029.800.801.67
Total Volume585.773973,277395444
Total OI14,363.36413,25916,05314,42913,856

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$47.99$50.0026.6%7.6%42.3%36.3%28.9%5.1%-2.2%236.5K3.7M-91.9K0.8018.192201758,3946,035
2019-08-02$47.15$50.0033.3%9.6%42.5%58.5%24.7%4.7%-4.3%131.5K6.3M-88.1K1.5759.362844468,5496,083
2019-08-05$46.89$45.0038.2%9.0%42.5%74.7%31.9%5.9%-0.4%87.8K6.9M-84.3K2.2856.762325308,3225,972
2019-08-06$47.25$45.0036.4%8.5%42.2%68.7%25.8%5.4%-0.0%110.6K6.4M-86.2K0.1854.326381168,4096,212
2019-08-07$47.19$45.0036.9%9.0%42.1%70.2%31.2%5.9%-1.5%9636.8M-87.1K4.0653.53953868,0396,200
2019-08-08$48.23$45.0025.2%7.2%43.2%31.6%25.6%5.2%1.0%165.1K4.7M-87.9K0.9820.301,6591,6188,0926,396
2019-08-09$47.02$45.0032.6%8.3%42.8%56.2%26.0%6.0%-0.1%-109.5K8.0M-90.2K0.2830.77148418,4836,866
2019-08-12$45.47$45.0038.5%8.7%43.9%75.8%27.8%6.7%-0.3%-308.6K11.4M-83.7K7.3433.791319618,5476,875
2019-08-13$45.50$45.0034.7%8.0%43.2%62.9%27.9%6.3%0.9%-388.9K11.4M-85.5K3.7856.29813068,6307,231
2019-08-14$43.22$45.0029.8%8.6%32.3%46.9%33.5%5.8%-0.2%-311.9K15.9M-70.9K1.4246.101231758,6337,146
2019-08-15$43.39$45.0029.8%8.6%32.5%47.0%30.0%5.7%0.1%-286.0K15.0M-76.0K3.7344.581545758,6807,155
2019-08-16$44.36$45.0027.8%8.0%33.6%40.0%28.4%5.8%1.6%-261.5K13.9M-79.2K0.8646.332021748,7347,319
2019-08-19$45.26$45.0026.3%7.5%34.3%35.1%27.3%4.4%3.9%-259.1K8.9M-81.0K0.2522.01202506,7496,565
2019-08-20$44.84$45.0026.7%7.7%32.3%36.6%24.6%6.0%4.2%-267.1K10.1M-77.1K0.0233.5019546,7696,595
2019-08-21$45.14$45.0026.2%7.5%31.4%35.0%26.8%5.5%4.0%-269.6K9.1M-80.6K1.0123.644244306,8426,591
2019-08-22$44.93$45.0026.7%7.7%30.7%36.6%26.7%5.5%3.8%-256.0K9.2M-78.8K0.0533.09294146,8326,427
2019-08-23$43.25$45.0029.4%8.4%32.7%45.4%29.3%5.9%2.9%-235.4K11.9M-72.3K0.6448.10124797,0736,429
2019-08-26$43.16$45.0028.8%8.3%32.8%43.4%27.0%6.0%3.5%-244.1K12.4M-69.1K2.1722.79471027,1326,434
2019-08-27$42.86$45.0028.9%8.3%32.3%43.7%28.5%7.1%4.2%-238.4K12.3M-68.9K9.8027.59252457,1746,346
2019-08-28$43.48$45.0028.5%8.2%33.1%42.6%29.5%8.5%3.7%-258.3K10.7M-71.1K0.0236.21629127,1876,174
2019-08-29$44.50$45.0026.5%7.6%33.2%36.0%26.8%11.4%4.7%-165.3K6.9M-79.9K0.4334.6468297,7276,090
2019-08-30$45.00$45.0026.9%7.7%33.2%37.2%32.6%7.1%4.8%-151.9K6.2M-79.1K1.6734.391662787,7606,096