TXT Options History — August 2020

In August 2020, TXT traded between $35.86 and $39.90. ATM implied volatility averaged 42.9%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 15.2% (HV 20d: 27.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.28.

Notable Days

  • 2020-08-06: Highest Volume — 14,789 contracts
  • 2020-08-20: Largest IV spike — 11.2% change
  • 2020-08-03: Highest IV Rank — 29.9%
  • 2020-08-03: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.98$35.86$39.90$35.91$39.49
Max Pain$31.67$30.00$35.00$30.00$30.00
ATM IV42.9%36.7%52.6%52.6%39.2%
Expected Move12.2%10.5%15.1%15.1%11.2%
HV 20d27.8%23.4%39.9%39.9%28.4%
HV 60d57.7%47.5%68.0%68.0%47.5%
IV Rank20.6%14.6%29.9%29.9%17.1%
IV Percentile51.9%45.2%61.1%61.1%48.0%
Term Structure3.1%-2.8%7.5%-2.6%3.2%
VWIV42.1%37.0%52.8%52.8%41.0%
Skew 25d4.5%2.5%7.1%3.2%6.9%
Skew 10d5.7%-7.2%15.6%-6.5%11.9%
Call IV 25d41.6%37.0%52.8%52.8%37.7%
Put IV 25d46.1%40.9%55.9%55.9%44.6%
Bid-Ask Spread %54.4321.9378.1664.0332.07
Gamma HHI0.480.330.570.330.57
Net GEX1.4M271.7K2.1M271.7K2.0M
Net DEX-20.9M-31.5M-5.2M-5.2M-26.9M
Net VEX-114.8K-153.0K-84.0K-84.0K-104.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.280.190.38
Total Volume1,425.8113314,7891,632231
Total OI28,923.1916,25533,17116,25530,411

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$35.91$30.0052.6%15.1%39.9%29.9%52.8%3.2%-2.6%271.7K-5.2M-84.0K0.1964.031,3732599,9006,355
2020-08-04$35.86$30.0049.9%14.3%33.9%27.3%49.5%6.1%-1.5%325.1K-5.8M-85.9K0.2956.133098910,6366,480
2020-08-05$36.44$35.0049.5%14.2%34.1%26.9%47.8%6.3%-2.8%330.0K-6.5M-87.7K0.5375.9034918410,7566,549
2020-08-06$37.09$30.0049.9%13.8%26.0%27.3%44.9%4.8%2.6%378.1K-8.6M-87.8K0.0067.2514,7385110,7356,534
2020-08-07$37.49$30.0048.6%14.0%25.2%26.1%44.7%5.9%1.9%1.4M-22.9M-141.1K0.0357.701,8996625,1666,525
2020-08-10$38.84$30.0045.8%12.6%24.4%23.3%43.8%7.1%4.3%1.8M-31.5M-153.0K0.0470.241,3725726,3896,523
2020-08-11$38.81$30.0042.4%11.9%24.7%20.1%41.7%3.7%7.1%1.9M-31.1M-148.5K0.0853.991,25910626,0486,534
2020-08-12$38.16$30.0040.7%11.7%23.4%18.5%41.0%3.1%4.8%1.7M-24.9M-135.6K0.0872.042762325,3756,529
2020-08-13$37.35$30.0044.4%12.7%24.8%22.1%41.0%4.8%3.5%1.5M-19.4M-123.0K0.1068.341831825,2846,532
2020-08-14$38.30$30.0041.8%12.0%25.6%19.5%42.8%2.5%4.4%1.7M-26.0M-136.0K0.0269.104,1588225,2706,539
2020-08-17$37.98$35.0041.3%11.8%25.0%19.0%42.2%3.0%4.7%1.8M-24.2M-127.4K0.0858.724093126,6296,542
2020-08-18$37.24$35.0043.8%12.6%25.7%21.5%41.4%4.9%5.2%1.5M-18.2M-112.7K0.1546.061722626,4806,555
2020-08-19$37.73$35.0039.5%11.3%25.6%17.3%40.3%4.5%7.5%1.5M-20.6M-114.7K0.5057.8820210126,4456,558
2020-08-20$37.47$35.0043.9%12.6%25.9%21.5%41.2%5.3%3.4%1.4M-18.2M-109.7K0.2148.772294726,3956,568
2020-08-21$37.50$35.0040.8%11.7%25.7%18.6%38.9%3.5%4.1%1.4M-17.7M-104.8K0.3578.161766126,3736,565
2020-08-24$39.16$35.0036.7%10.5%28.8%14.6%37.0%4.5%3.4%1.9M-26.3M-114.6K0.2334.504209624,2175,985
2020-08-25$38.66$30.0037.1%10.6%29.5%15.1%37.7%2.9%3.3%1.7M-22.3M-107.3K0.3421.931806124,2245,974
2020-08-26$38.84$30.0037.5%10.7%29.4%15.4%38.1%4.1%3.3%1.8M-24.0M-109.7K0.4322.93934024,2666,013
2020-08-27$39.42$30.0038.1%10.9%28.6%16.0%38.2%3.8%3.2%2.0M-28.2M-111.7K0.4728.211376524,2266,034
2020-08-28$39.90$30.0038.2%11.0%28.6%16.1%38.6%3.9%3.1%2.1M-30.3M-111.1K1.2859.0213817624,2066,062
2020-08-31$39.49$30.0039.2%11.2%28.4%17.1%41.0%6.9%3.2%2.0M-26.9M-104.5K0.3832.071676424,2336,178