TXT Options History — November 2019

In November 2019, TXT traded between $46.05 and $48.07. ATM implied volatility averaged 26.3%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 0.8% (HV 20d: 25.5%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 6.30.

Notable Days

  • 2019-11-06: Highest Volume — 2,653 contracts
  • 2019-11-05: Largest IV spike — 21.5% change
  • 2019-11-05: Highest IV Rank — 37.3%
  • 2019-11-05: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.68$46.05$48.07$47.25$46.39
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV26.3%23.9%29.0%27.4%26.1%
Expected Move7.4%6.9%8.0%7.9%7.5%
HV 20d25.5%18.5%35.1%34.6%18.5%
HV 60d30.7%27.5%33.7%33.7%27.5%
IV Rank29.8%22.9%37.3%32.7%29.1%
IV Percentile30.6%20.2%46.8%32.9%30.6%
Term Structure0.1%-0.7%0.8%0.1%-0.5%
VWIV24.3%22.1%26.2%24.2%26.0%
Skew 25d5.2%2.6%6.9%2.6%4.6%
Skew 10d11.9%6.9%16.9%11.7%11.0%
Call IV 25d23.1%21.4%24.3%23.9%23.4%
Put IV 25d28.3%25.3%30.1%26.6%28.0%
Bid-Ask Spread %46.174.6471.964.8461.82
Gamma HHI0.370.270.470.320.34
Net GEX-814.8K-1.3M-370.8K-700.0K-693.9K
Net DEX14.9M10.5M19.0M14.3M14.6M
Net VEX-116.0K-126.7K-106.8K-126.7K-112.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.300.1098.450.4411.44
Total Volume441.3942,653326535
Total OI25,337.3522,21727,77026,21924,116

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$47.25$50.0027.4%7.9%34.6%32.7%24.2%2.6%0.1%-700.0K14.3M-126.7K0.444.842279910,19716,022
2019-11-04$48.07$50.0023.9%6.9%35.1%22.9%26.2%4.8%0.5%-370.8K10.5M-122.4K0.7118.9928920410,36816,017
2019-11-05$47.25$50.0029.0%8.0%34.5%37.3%25.3%5.0%-0.1%-704.1K13.3M-120.2K0.4037.2827010810,25315,981
2019-11-06$46.86$50.0027.6%7.7%34.5%33.2%23.8%5.3%0.5%-877.4K15.0M-117.6K3.675.625682,08510,30615,988
2019-11-07$47.16$50.0026.1%7.6%34.4%29.1%23.1%5.4%0.4%-726.9K12.9M-114.9K0.5451.90784210,77115,948
2019-11-08$46.66$50.0027.1%7.5%31.8%32.0%23.6%5.3%0.8%-968.5K15.3M-115.9K0.1661.851222010,76215,955
2019-11-11$46.18$50.0028.2%7.4%31.7%34.9%23.8%5.8%0.7%-1.3M19.0M-119.5K1.2856.0714919010,81316,957
2019-11-12$46.30$50.0028.6%7.3%29.9%36.1%23.7%5.2%0.4%-1.2M17.2M-118.6K0.2155.51781610,88016,792
2019-11-13$46.24$50.0025.8%7.4%29.9%28.2%25.4%6.3%0.3%-1.3M16.8M-121.3K0.6955.551439810,85416,651
2019-11-14$46.36$50.0025.5%7.3%23.9%27.4%25.1%6.9%0.2%-800.1K15.5M-113.9K0.1071.961001010,86216,658
2019-11-15$46.98$50.0024.9%7.1%20.0%25.6%22.1%6.5%-0.0%-709.4K13.9M-113.4K1.0556.2510410910,88416,652
2019-11-18$46.33$50.0025.8%7.4%19.0%28.4%25.0%5.6%-0.2%-741.0K15.1M-111.6K0.9954.551231227,21115,006
2019-11-19$46.64$50.0026.2%7.5%18.6%29.5%22.7%5.8%-0.5%-706.0K14.5M-110.3K98.454.64111,0837,28215,066
2019-11-20$46.05$50.0026.5%7.6%18.9%30.3%25.5%6.4%-0.7%-821.8K16.7M-118.5K1.7557.88961687,28916,073
2019-11-21$46.35$50.0026.4%7.6%19.1%29.9%25.0%5.9%-0.3%-805.3K15.9M-115.5K0.4951.8275377,32216,116
2019-11-22$46.26$50.0025.6%7.3%18.8%27.7%25.3%5.2%0.0%-779.8K15.8M-115.9K0.7455.081501117,36016,115
2019-11-25$46.55$50.0025.2%7.2%18.9%26.7%24.8%4.5%-0.4%-723.8K14.7M-106.8K1.4457.042433507,37216,075
2019-11-26$47.09$50.0025.5%7.3%19.4%27.3%22.4%3.9%-0.0%-613.8K13.1M-111.1K0.8148.192391937,48716,237
2019-11-27$46.61$50.0025.4%7.3%19.1%27.3%23.2%3.3%-0.1%-678.1K14.4M-112.6K0.6356.64111707,63716,412
2019-11-29$46.39$50.0026.1%7.5%18.5%29.1%26.0%4.6%-0.5%-693.9K14.6M-112.9K11.4461.82434927,71916,397