TXT Options History — September 2019

In September 2019, TXT traded between $43.76 and $52.84. ATM implied volatility averaged 32.0%, placing in the 54.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 2.1% (HV 20d: 34.1%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 2.47.

Notable Days

  • 2019-09-12: Highest Volume — 2,230 contracts
  • 2019-09-11: Largest IV spike — 23.0% change
  • 2019-09-30: Highest IV Rank — 69.9%
  • 2019-09-30: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.69$43.76$52.84$43.76$49.00
Max Pain$47.00$45.00$50.00$45.00$50.00
ATM IV32.0%26.0%36.8%28.2%36.8%
Expected Move9.3%7.8%10.5%8.1%10.5%
HV 20d34.1%29.8%39.3%34.4%32.6%
HV 60d35.6%33.6%36.4%33.6%36.4%
IV Rank54.0%34.1%69.9%41.6%69.9%
IV Percentile67.8%32.1%89.3%44.4%89.3%
Term Structure-2.3%-5.5%4.4%4.4%-5.5%
VWIV32.7%25.6%39.5%28.2%39.1%
Skew 25d5.9%3.6%11.6%10.5%5.1%
Skew 10d11.3%2.3%20.4%17.1%9.2%
Call IV 25d30.3%22.8%36.0%25.5%36.0%
Put IV 25d36.2%33.7%41.1%35.9%41.1%
Bid-Ask Spread %61.9412.5596.9924.4861.76
Gamma HHI0.280.240.430.320.29
Net GEX-46.5K-420.8K377.1K-182.5K-420.8K
Net DEX-1.1M-10.0M8.0M8.0M6.7M
Net VEX-108.7K-123.5K-74.6K-74.6K-123.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.470.1419.740.360.67
Total Volume743.7432,230161154
Total OI17,037.513,54820,38713,59218,160

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-09-03$43.76$45.0028.2%8.1%34.4%41.6%28.2%10.5%4.4%-182.5K8.0M-74.6K0.3624.48118437,6635,929
2019-09-04$44.43$45.0027.3%7.8%34.8%38.4%27.3%11.6%3.9%-204.7K6.9M-77.1K0.4840.1529147,6085,940
2019-09-05$46.39$45.0028.5%9.2%38.5%42.5%27.4%5.6%-1.8%-85.7K1.9M-81.0K19.7496.99841,6587,7245,953
2019-09-06$46.45$45.0027.6%8.8%37.6%39.4%29.8%6.8%1.6%-189.6K4.7M-92.5K4.0696.181275167,7347,338
2019-09-09$47.91$45.0029.2%8.4%38.2%44.8%32.4%7.7%-1.3%-126.5K1.4M-99.0K0.4381.445872557,7737,720
2019-09-10$50.16$45.0026.0%8.7%39.1%34.1%25.6%7.9%-1.6%227.3K-3.9M-102.2K1.4279.334506417,8907,954
2019-09-11$51.05$45.0031.9%9.2%39.3%53.8%33.1%4.4%-1.5%253.0K-6.4M-111.3K1.2061.212082507,8878,444
2019-09-12$51.05$45.0032.1%9.2%33.2%54.3%37.0%5.0%-2.6%230.3K-5.2M-110.9K9.3277.962162,0147,8288,578
2019-09-13$51.38$45.0030.5%8.7%33.1%49.2%30.7%3.6%-0.3%81.7K-5.1M-116.4K0.1474.121,4572017,82810,570
2019-09-16$52.51$45.0030.9%8.9%33.1%50.5%33.2%5.4%-3.0%377.1K-9.0M-121.1K0.2570.454471108,77410,751
2019-09-17$52.84$45.0031.4%9.0%32.8%52.1%32.9%4.1%-3.7%103.6K-10.0M-117.8K1.5467.642133298,89410,769
2019-09-18$52.31$45.0034.1%9.8%32.9%61.0%32.6%4.8%-5.0%43.4K-8.4M-116.7K0.1471.269881368,88410,878
2019-09-19$51.50$50.0033.4%9.6%33.9%58.7%33.2%5.3%-4.1%-25.9K-6.6M-118.7K2.5363.1330769,21511,126
2019-09-20$50.98$50.0033.8%9.7%34.2%60.0%31.9%5.8%-4.4%-108.9K-4.6M-118.1K0.2071.19234469,21911,168
2019-09-23$50.83$50.0034.6%9.9%30.2%62.8%34.1%5.1%-3.9%-109.0K-42.1K-114.7K1.3812.552803856,7239,573
2019-09-24$50.62$50.0035.6%10.2%30.3%66.2%34.5%5.5%-4.4%-153.0K670.5K-118.9K1.9735.242795496,8419,729
2019-09-25$51.19$50.0035.4%10.1%29.8%65.3%35.3%4.1%-4.3%-100.3K-744.8K-121.0K0.8018.961801446,88810,109
2019-09-26$50.42$50.0036.2%10.4%30.9%67.9%36.1%4.8%-4.7%-196.3K1.5M-119.1K0.3271.313491136,95510,208
2019-09-27$49.09$50.0036.3%10.4%32.6%68.5%39.5%4.9%-3.8%-343.8K5.4M-120.4K2.4463.402806847,27210,253
2019-09-30$49.00$50.0036.8%10.5%32.6%69.9%39.1%5.1%-5.5%-420.8K6.7M-123.5K0.6761.7692627,29210,868