TXT Options History — September 2021

In September 2021, TXT traded between $67.86 and $73.07. ATM implied volatility averaged 29.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 8.2% (HV 20d: 21.3%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2021-09-13: Highest Volume — 2,695 contracts
  • 2021-09-02: Largest IV drop — 34.9% change
  • 2021-09-28: Highest IV Rank — 39.0%
  • 2021-09-28: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.76$67.86$73.07$71.97$70.15
Max Pain$68.81$65.00$70.00$65.00$70.00
ATM IV29.5%18.6%34.2%28.6%32.4%
Expected Move8.6%7.6%9.8%8.2%9.3%
HV 20d21.3%18.8%22.8%22.5%21.5%
HV 60d26.0%24.6%27.3%27.3%25.9%
IV Rank26.9%0.0%39.0%17.7%34.4%
IV Percentile25.6%0.0%46.0%20.6%37.3%
Term Structure1.8%-4.2%3.5%3.2%2.6%
VWIV30.9%27.5%36.1%27.5%32.3%
Skew 25d5.2%4.0%7.2%5.0%5.1%
Skew 10d10.9%7.5%16.0%16.0%14.1%
Call IV 25d28.4%24.5%33.1%24.5%30.4%
Put IV 25d33.6%29.5%39.6%29.5%35.6%
Bid-Ask Spread %71.8259.4287.3077.9269.56
Gamma HHI0.320.180.530.400.19
Net GEX915.1K354.1K1.5M1.2M354.1K
Net DEX-28.6M-36.3M-23.6M-32.2M-25.3M
Net VEX-64.4K-79.6K-41.5K-53.9K-79.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.033.310.271.00
Total Volume612.9051212,695592250
Total OI10,536.1438,87512,39310,27310,761

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-09-01$71.97$65.0028.6%8.2%22.5%17.7%27.5%5.0%3.2%1.2M-32.2M-53.9K0.2777.924671257,1433,130
2021-09-02$73.07$70.0018.6%7.6%22.2%0.0%28.0%4.1%3.5%1.2M-36.3M-51.8K0.1266.45342407,4423,166
2021-09-03$72.66$70.0023.6%7.7%22.0%12.5%28.4%4.0%3.0%1.3M-34.6M-50.5K0.5759.4277447,4303,206
2021-09-07$71.43$70.0028.5%8.5%22.8%24.8%28.5%4.4%2.1%1.3M-29.4M-47.5K0.2661.66165437,2093,215
2021-09-08$71.19$70.0031.2%8.9%22.3%31.5%30.7%5.6%1.0%1.4M-28.2M-48.4K0.2869.62196547,1913,227
2021-09-09$71.42$70.0029.9%8.6%21.6%28.3%29.9%4.9%2.0%1.3M-29.4M-46.4K0.1868.37152277,1893,250
2021-09-10$70.71$70.0030.3%8.7%21.7%29.3%30.2%5.1%2.2%1.4M-25.0M-47.0K0.0366.231,957556,9303,272
2021-09-13$70.69$70.0033.1%9.5%21.7%36.4%31.7%6.7%-4.2%1.4M-24.6M-41.5K0.1470.452,3593366,8413,288
2021-09-14$69.97$70.0029.5%8.4%21.8%27.1%32.9%5.6%1.4%1.4M-27.7M-59.4K0.2865.779942757,8523,302
2021-09-15$70.29$70.0028.9%8.3%20.6%25.7%30.5%5.9%1.7%1.3M-31.7M-70.4K0.2476.92233558,4593,476
2021-09-16$68.92$65.0029.9%8.6%21.6%28.3%30.5%4.4%0.3%1.5M-28.4M-73.6K0.0971.22442398,8583,529
2021-09-17$68.19$65.0029.1%8.4%20.0%26.3%32.3%5.0%1.7%534.5K-25.8M-74.2K0.2966.937072088,9193,474
2021-09-20$68.38$65.0033.3%9.6%19.2%36.9%36.1%6.5%2.5%523.9K-23.6M-76.2K2.4773.413197886,5572,318
2021-09-21$67.86$65.0030.4%8.7%18.8%29.6%32.3%5.0%3.4%573.7K-23.9M-75.1K2.4375.06671636,7262,367
2021-09-22$69.86$70.0029.8%8.5%21.3%27.9%32.2%5.3%2.8%402.3K-25.7M-76.5K0.5279.933421776,7113,110
2021-09-23$71.33$70.0028.8%8.3%22.3%25.6%29.6%4.7%2.8%400.8K-29.1M-71.8K1.3570.941301756,7053,222
2021-09-24$71.29$70.0028.3%8.1%21.0%24.2%29.9%5.8%3.3%380.3K-28.2M-79.6K0.3480.45201686,8963,325
2021-09-27$72.51$70.0027.9%8.0%21.0%23.2%29.6%4.3%1.6%414.2K-30.5M-76.0K0.5772.662221276,9013,417
2021-09-28$72.50$70.0034.2%9.8%20.4%39.0%32.8%5.5%-0.5%443.5K-31.5M-75.5K0.8387.301471227,0843,482
2021-09-29$71.60$70.0032.8%9.4%20.6%35.4%32.6%7.2%1.2%421.6K-29.0M-78.0K3.3177.93421397,1413,538
2021-09-30$70.15$70.0032.4%9.3%21.5%34.4%32.3%5.1%2.6%354.1K-25.3M-79.4K1.0069.561251257,1893,572