TXT Options History — May 2021

In May 2021, TXT traded between $64.56 and $68.49. ATM implied volatility averaged 29.5%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 5.0% (HV 20d: 24.5%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.61.

Notable Days

  • 2021-05-26: Highest Volume — 1,247 contracts
  • 2021-05-11: Largest IV spike — 36.1% change
  • 2021-05-11: Highest IV Rank — 30.4%
  • 2021-05-13: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.07$64.56$68.49$65.63$68.49
Max Pain$52.25$50.00$60.00$60.00$55.00
ATM IV29.5%25.4%38.3%26.4%26.0%
Expected Move8.4%7.3%9.7%7.6%7.5%
HV 20d24.5%16.8%29.2%17.5%28.1%
HV 60d29.2%26.8%31.4%29.8%26.8%
IV Rank13.7%6.0%30.4%7.8%7.1%
IV Percentile5.0%0.4%29.8%0.8%1.2%
Term Structure0.8%-1.2%2.8%1.4%1.3%
VWIV29.8%26.2%33.5%27.6%26.2%
Skew 25d3.0%0.4%5.5%5.5%2.7%
Skew 10d6.3%0.6%11.7%4.6%8.1%
Call IV 25d28.1%23.8%32.7%23.8%26.0%
Put IV 25d31.2%28.1%36.2%29.3%28.7%
Bid-Ask Spread %72.2061.4081.2972.4174.70
Gamma HHI0.300.210.440.270.40
Net GEX284.7K172.4K368.6K366.3K282.6K
Net DEX-21.3M-30.7M-17.5M-20.3M-30.7M
Net VEX-41.7K-45.8K-37.7K-37.7K-44.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.031.800.540.12
Total Volume329.75461,247332791
Total OI7,510.156,6249,0606,6249,060

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$65.63$60.0026.4%7.6%17.5%7.8%27.6%5.5%1.4%366.3K-20.3M-37.7K0.5472.412151174,2142,410
2021-05-04$65.51$60.0029.3%8.4%16.8%13.4%27.2%3.3%-1.2%368.6K-20.1M-39.1K0.7365.351371004,2602,450
2021-05-05$65.54$60.0027.7%7.9%16.9%10.3%27.4%1.7%1.1%367.4K-19.8M-39.5K0.1865.56114204,2522,527
2021-05-06$67.00$50.0030.3%8.3%17.6%15.3%28.2%3.8%1.6%335.7K-21.4M-38.9K0.9865.6183814,2812,544
2021-05-07$67.98$50.0028.5%8.2%17.8%11.8%28.6%1.8%0.7%339.0K-22.6M-37.7K0.7771.482051584,3852,690
2021-05-10$68.39$50.0028.2%8.4%17.8%11.2%30.2%2.1%-0.3%315.8K-23.1M-38.4K1.1367.621842074,4882,794
2021-05-11$67.19$50.0038.3%9.0%19.4%30.4%33.5%2.9%-0.8%304.2K-21.1M-41.3K0.7971.471651314,5742,942
2021-05-12$64.56$50.0033.5%9.6%25.5%21.3%33.2%3.5%0.6%303.8K-17.5M-45.8K0.6873.34116794,6583,042
2021-05-13$67.18$50.0033.8%9.7%27.6%21.8%32.5%3.9%1.2%299.7K-21.0M-43.4K0.5367.101901014,6873,045
2021-05-14$67.97$50.0028.6%8.2%27.6%12.0%29.9%3.3%0.2%270.8K-22.1M-42.1K0.2861.4036104,7123,134
2021-05-17$68.38$50.0030.3%8.7%27.6%15.1%32.0%4.1%0.3%275.7K-22.3M-43.8K0.7763.6064494,7283,132
2021-05-18$66.82$50.0031.3%9.0%28.7%17.1%30.9%3.5%0.3%275.2K-20.7M-43.7K0.3472.79200674,7683,166
2021-05-19$66.31$50.0031.5%9.0%28.8%17.5%30.4%3.0%1.2%281.6K-20.0M-45.5K0.1277.416784,8643,187
2021-05-20$67.19$50.0031.1%8.9%28.8%16.8%31.3%0.4%1.9%253.3K-21.4M-42.6K0.2376.07168384,8463,186
2021-05-21$66.65$50.0029.7%8.5%28.7%14.2%30.1%2.8%-0.5%204.2K-20.3M-43.4K0.9977.2396954,7773,200
2021-05-24$67.60$50.0025.5%7.3%28.8%6.2%27.8%3.6%1.8%214.8K-18.7M-39.6K1.8081.251001804,1372,650
2021-05-25$67.06$50.0028.2%8.1%29.2%11.2%27.6%3.0%2.5%172.4K-17.7M-43.6K1.1377.2338434,2122,774
2021-05-26$67.61$55.0026.4%7.6%29.2%7.9%28.3%1.6%0.7%173.4K-18.5M-40.8K0.0380.991,206414,2222,849
2021-05-27$68.31$55.0025.4%7.3%28.5%6.0%32.9%4.3%2.8%289.0K-26.6M-43.3K0.1681.297691265,4802,876
2021-05-28$68.49$55.0026.0%7.5%28.1%7.1%26.2%2.7%1.3%282.6K-30.7M-44.9K0.1274.70704876,0902,970