TXT Options History — December 2019

In December 2019, TXT traded between $43.50 and $46.12. ATM implied volatility averaged 23.5%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 7.2% (HV 20d: 16.3%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.92.

Notable Days

  • 2019-12-16: Highest Volume — 2,017 contracts
  • 2019-12-11: Largest IV drop — 10.2% change
  • 2019-12-03: Highest IV Rank — 33.0%
  • 2019-12-03: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.68$43.50$46.12$46.12$44.60
Max Pain$48.81$45.00$50.00$50.00$45.00
ATM IV23.5%21.4%27.5%27.1%21.7%
Expected Move6.7%6.1%7.9%7.8%6.2%
HV 20d16.3%13.8%18.4%15.7%18.2%
HV 60d25.0%23.9%27.6%27.6%23.9%
IV Rank21.8%16.0%33.0%32.0%16.8%
IV Percentile19.9%8.7%40.1%37.7%10.7%
Term Structure4.3%-1.1%7.2%-1.1%7.2%
VWIV23.7%21.7%27.5%27.2%22.0%
Skew 25d5.4%3.8%9.5%5.0%9.5%
Skew 10d8.8%3.9%15.1%12.1%15.1%
Call IV 25d22.3%18.2%26.4%25.5%18.2%
Put IV 25d27.6%25.4%33.0%30.5%27.6%
Bid-Ask Spread %33.502.7780.7017.7063.30
Gamma HHI0.360.280.400.360.40
Net GEX-758.8K-1.0M-112.5K-769.0K-653.9K
Net DEX16.7M11.2M21.7M15.7M11.7M
Net VEX-108.8K-116.3K-98.6K-111.6K-115.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.193.131.041.38
Total Volume681.4292002,017399702
Total OI24,950.66721,33128,50424,60022,779

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-12-02$46.12$50.0027.1%7.8%15.7%32.0%27.2%5.0%-1.1%-769.0K15.7M-111.6K1.0417.701962037,73916,861
2019-12-03$45.41$50.0027.5%7.9%14.9%33.0%27.4%6.3%-0.9%-889.8K17.8M-111.4K0.4449.49208927,80316,916
2019-12-04$45.16$45.0026.3%7.5%14.0%29.6%26.1%6.6%-0.7%-920.5K18.3M-108.9K0.4752.53152717,92416,945
2019-12-05$44.93$50.0025.3%7.0%13.8%27.0%24.7%4.8%4.4%-939.6K18.8M-107.4K0.1974.16228437,93316,977
2019-12-06$45.28$50.0024.2%6.9%13.9%23.9%22.8%4.9%4.4%-765.9K16.7M-105.5K1.9069.22691318,11116,972
2019-12-09$44.48$50.0025.8%7.0%14.7%28.3%23.3%4.3%4.2%-921.2K19.3M-103.6K0.8575.633392888,37117,252
2019-12-10$44.12$50.0026.5%7.1%14.6%30.2%24.8%4.3%4.0%-1.0M20.7M-106.7K0.3780.703011128,44317,343
2019-12-11$43.89$50.0023.8%6.8%14.5%22.7%23.8%4.5%4.5%-1.0M20.7M-106.9K1.2377.601461798,63217,341
2019-12-12$44.38$50.0023.0%6.6%15.3%20.3%22.9%5.0%4.6%-808.7K18.7M-105.5K1.7968.781182118,67417,342
2019-12-13$43.50$50.0021.9%6.3%16.5%17.5%22.6%4.7%5.2%-1.0M21.7M-102.9K0.4713.792721278,74817,312
2019-12-16$44.15$50.0021.5%6.2%16.7%16.3%21.9%3.8%5.4%-764.5K18.8M-98.6K0.733.891,1678508,85117,287
2019-12-17$44.41$50.0021.4%6.1%16.5%16.0%21.7%3.8%4.8%-706.6K18.3M-103.1K0.382.775091939,59117,665
2019-12-18$43.84$50.0021.9%6.3%16.5%17.2%27.5%7.0%5.2%-804.4K20.2M-105.9K0.9014.556415769,91617,799
2019-12-19$44.59$50.0022.1%6.3%17.6%18.0%22.3%4.1%5.3%-568.7K17.1M-111.2K0.3814.9534513210,02018,241
2019-12-20$45.14$50.0021.8%6.2%18.0%17.0%21.9%3.9%5.6%-112.5K11.7M-110.4K0.254.171,00624910,26818,236
2019-12-23$45.52$50.0021.6%6.2%18.4%16.6%21.7%3.8%5.9%-496.6K11.2M-112.5K0.583.935333077,94813,383
2019-12-24$45.09$50.0022.2%6.4%18.4%18.3%22.3%5.0%5.4%-584.4K12.6M-115.2K0.432.854371878,36413,549
2019-12-26$44.93$45.0022.0%6.3%17.8%17.7%22.0%4.7%5.6%-552.9K12.7M-113.0K1.805.451452618,24013,682
2019-12-27$44.30$45.0022.6%6.5%18.0%19.3%23.7%8.7%5.5%-712.6K14.9M-113.2K3.134.713991,2508,35813,883
2019-12-30$44.50$45.0023.2%6.7%18.2%21.1%25.5%8.6%5.4%-910.8K13.4M-116.3K0.633.325733628,57513,690
2019-12-31$44.60$45.0021.7%6.2%18.2%16.8%22.0%9.5%7.2%-653.9K11.7M-115.8K1.3863.302954078,96913,810