TXT Options History — June 2020

In June 2020, TXT traded between $31.57 and $40.50. ATM implied volatility averaged 61.3%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 23.3% (HV 20d: 84.6%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.47.

Notable Days

  • 2020-06-05: Highest Volume — 6,736 contracts
  • 2020-06-26: Largest IV spike — 28.6% change
  • 2020-06-26: Highest IV Rank — 51.6%
  • 2020-06-26: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.49$31.57$40.50$31.57$33.06
Max Pain$30.68$30.00$35.00$35.00$30.00
ATM IV61.3%50.8%75.2%59.7%61.6%
Expected Move17.1%11.1%21.6%17.1%17.7%
HV 20d84.6%76.6%97.0%80.1%79.3%
HV 60d95.0%82.8%112.4%112.4%82.8%
IV Rank38.2%28.2%51.6%36.7%38.5%
IV Percentile80.6%69.4%89.7%81.7%78.6%
Term Structure-2.6%-11.3%11.9%0.2%-4.8%
VWIV62.0%41.6%74.4%57.7%61.4%
Skew 25d10.8%0.4%30.9%8.6%2.9%
Skew 10d17.2%-5.0%39.0%9.2%-5.0%
Call IV 25d57.3%38.0%68.0%52.4%60.9%
Put IV 25d68.1%44.9%89.9%60.9%63.8%
Bid-Ask Spread %79.7935.99100.5447.7380.19
Gamma HHI0.320.240.500.480.26
Net GEX67.4K-258.2K237.2K179.6K38.4K
Net DEX-1.7M-20.9M8.6M6.1M882.5K
Net VEX-103.7K-123.7K-90.0K-94.4K-91.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.0310.160.261.82
Total Volume1,243.6361956,736195200
Total OI25,462.45516,85131,52326,12919,351

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-06-01$31.57$35.0059.7%17.1%80.1%36.7%57.7%8.6%0.2%179.6K6.1M-94.4K0.2647.731554013,21712,912
2020-06-02$31.69$35.0058.4%16.7%79.6%35.5%56.4%11.2%1.5%197.1K5.7M-94.7K0.1535.9971310613,32512,922
2020-06-03$34.82$35.0050.8%14.6%84.2%28.2%50.4%10.1%-0.2%79.4K-3.7M-108.0K0.2153.9562713213,64112,932
2020-06-04$36.69$30.0052.3%15.2%84.5%29.7%54.3%17.5%-0.2%9.6K-9.4M-112.1K0.5479.461,06557113,74212,995
2020-06-05$38.83$30.0058.7%11.1%85.5%35.8%41.6%6.9%11.9%-43.2K-16.1M-116.6K0.16100.545,80493213,62313,361
2020-06-08$40.50$30.0063.2%15.9%84.5%40.1%50.4%23.9%-3.0%221.1K-20.9M-123.7K0.1284.761,50618614,82513,649
2020-06-09$38.75$30.0061.4%16.1%83.6%38.4%63.8%10.4%-2.6%185.2K-14.2M-122.4K0.0474.417242615,21413,777
2020-06-10$35.64$30.0059.8%17.1%89.1%36.8%62.6%19.3%-4.3%53.9K-2.3M-113.3K1.6587.847151,18015,27213,791
2020-06-11$31.97$30.0067.2%19.3%95.1%43.9%66.4%0.4%-11.2%73.5K8.6M-96.1K5.6889.452841,61415,15813,674
2020-06-12$34.00$30.0063.6%18.2%96.5%40.5%68.4%4.2%-3.8%7.7K3.5M-107.5K0.5786.1127015315,14113,869
2020-06-15$33.60$30.0064.2%18.4%97.0%41.1%64.9%5.6%-3.8%-38.7K4.7M-101.7K0.0381.443,03410215,23113,931
2020-06-16$34.76$30.0066.1%18.9%87.4%42.8%63.8%7.7%-7.0%78.7K-921.5K-112.1K0.6884.9024116317,55713,929
2020-06-17$34.61$30.0067.2%19.3%86.3%43.9%65.4%9.7%-7.6%-193.5K132.5K-110.2K1.5681.1016325417,52913,994
2020-06-18$34.88$30.0063.4%18.2%86.2%40.3%69.3%30.9%0.9%-258.2K-1.5M-109.7K0.9978.0615515317,49013,830
2020-06-19$34.55$30.0064.2%18.4%86.0%41.0%67.4%12.9%-5.6%237.2K4.3M-102.5K0.2275.022505617,45313,818
2020-06-22$34.10$30.0062.3%17.9%86.3%39.2%64.8%10.6%-4.4%216.7K-3.2M-96.7K0.9189.8120218310,8715,980
2020-06-23$34.26$30.0056.8%16.3%76.6%34.0%61.2%11.4%0.3%227.0K-3.2M-96.3K2.2086.335711,25610,9026,015
2020-06-24$32.70$30.0051.5%14.8%77.7%28.8%72.1%14.7%1.9%163.8K-651.5K-90.0K10.1691.592302,33611,0696,038
2020-06-25$32.81$30.0058.5%16.8%77.6%35.6%61.5%5.4%-1.4%24.4K1.4M-93.3K1.3290.1113918411,0288,334
2020-06-26$31.84$30.0075.2%21.6%78.4%51.6%74.4%6.0%-11.3%-5.4K2.9M-93.2K2.5992.1211529811,0388,354
2020-06-29$33.14$30.0061.8%17.7%79.3%38.7%66.2%6.8%-1.9%28.7K523.4K-94.1K0.5584.421769611,0468,346
2020-06-30$33.06$30.0061.6%17.7%79.3%38.5%61.4%2.9%-4.8%38.4K882.5K-91.6K1.8280.197112911,0838,268