TXT Options History — November 2021

In November 2021, TXT traded between $71.17 and $77.57. ATM implied volatility averaged 30.6%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 6.6% (HV 20d: 24.0%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.90.

Notable Days

  • 2021-11-10: Highest Volume — 5,320 contracts
  • 2021-11-08: Largest IV spike — 26.1% change
  • 2021-11-30: Highest IV Rank — 62.2%
  • 2021-11-30: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.55$71.17$77.57$74.38$71.17
Max Pain$61.43$60.00$70.00$70.00$60.00
ATM IV30.6%26.6%37.6%28.1%37.6%
Expected Move8.7%7.8%10.8%8.1%10.8%
HV 20d24.0%22.5%25.5%22.5%25.5%
HV 60d22.5%21.8%23.2%21.9%23.2%
IV Rank39.0%26.0%62.2%27.9%62.2%
IV Percentile36.0%10.3%77.4%19.4%77.4%
Term Structure0.5%-7.8%4.1%0.4%-7.8%
VWIV30.9%27.5%37.1%29.7%37.1%
Skew 25d4.1%0.4%7.6%5.2%7.6%
Skew 10d9.2%4.2%15.0%13.1%13.5%
Call IV 25d28.5%25.2%34.9%27.5%34.3%
Put IV 25d32.6%29.3%41.9%32.6%41.9%
Bid-Ask Spread %79.6768.0188.3281.9875.73
Gamma HHI0.420.270.610.470.27
Net GEX1.9M599.9K3.2M1.9M599.9K
Net DEX-46.4M-58.4M-23.3M-43.3M-23.3M
Net VEX-79.2K-105.9K-52.8K-105.9K-58.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.062.902.700.49
Total Volume1,679.3817385,3201,0741,479
Total OI15,820.95211,32119,14616,45012,313

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$74.38$70.0028.1%8.1%22.5%27.9%29.7%5.2%0.4%1.9M-43.3M-105.9K2.7081.9829078411,3135,137
2021-11-02$75.18$70.0029.1%8.3%22.5%30.8%32.5%4.2%0.2%2.1M-49.4M-100.5K2.0681.845481,12711,3015,148
2021-11-03$77.27$70.0029.3%8.4%24.0%34.9%33.4%5.2%-1.2%2.2M-58.0M-98.2K1.8887.655771,08411,1905,025
2021-11-04$76.14$60.0029.2%8.2%23.9%34.7%32.9%4.2%3.7%2.1M-54.1M-92.8K1.8478.2148288711,1875,177
2021-11-05$77.57$60.0026.6%7.8%23.5%26.0%29.9%4.6%2.1%2.5M-58.0M-99.1K2.9068.014971,44011,9565,225
2021-11-08$75.99$60.0033.5%8.3%24.6%48.7%28.7%3.4%2.9%2.1M-50.2M-90.6K0.4677.8369132111,9045,463
2021-11-09$76.45$60.0032.5%8.7%24.5%45.4%29.4%4.7%2.4%2.2M-51.8M-91.0K0.5473.3757730912,2105,491
2021-11-10$75.37$60.0029.9%8.6%25.3%36.8%28.8%4.1%2.9%2.0M-46.5M-88.4K0.0681.165,03528512,2305,508
2021-11-11$76.70$60.0030.1%8.6%24.9%37.5%29.1%4.7%2.1%2.8M-56.9M-103.0K0.0980.483,01426913,6455,501
2021-11-12$77.14$60.0030.1%8.6%24.3%37.5%28.4%4.7%2.4%2.6M-58.4M-86.9K0.3382.952,56284612,8245,516
2021-11-15$76.60$60.0030.4%8.7%23.7%38.6%29.3%4.9%2.1%2.5M-55.0M-81.6K0.3182.0383226112,6555,519
2021-11-16$75.85$60.0029.9%8.6%24.1%37.0%29.4%4.0%2.4%2.5M-51.1M-80.6K0.4977.3586242512,9365,539
2021-11-17$75.46$60.0029.8%8.6%23.6%36.7%29.7%3.2%2.5%2.6M-46.4M-78.6K0.4272.7476232012,9175,440
2021-11-18$75.34$60.0029.2%8.4%23.6%34.6%27.5%3.6%-0.6%3.2M-48.1M-74.1K0.1278.812,56430212,9275,427
2021-11-19$75.50$60.0029.8%8.5%23.6%36.6%29.7%2.5%-1.5%2.2M-51.5M-55.6K0.5682.7558132710,9335,453
2021-11-22$77.08$60.0029.5%8.4%24.5%35.5%29.0%2.7%-2.6%910.9K-40.6M-52.8K0.6380.974542847,8273,513
2021-11-23$76.14$60.0031.4%9.0%23.9%41.9%31.1%3.1%-5.4%890.5K-37.8M-54.0K0.6678.135373567,7703,551
2021-11-24$75.37$60.0030.7%8.8%22.6%39.6%30.4%0.4%0.3%845.4K-36.1M-55.7K0.7988.324413487,8643,637
2021-11-26$72.90$60.0033.8%9.7%25.0%49.8%36.2%5.0%4.1%818.2K-29.2M-58.6K0.4285.746642767,7653,649
2021-11-29$72.94$60.0032.8%9.4%24.4%46.6%36.4%4.8%-0.6%887.7K-29.5M-56.1K1.2277.087078607,9683,686
2021-11-30$71.17$60.0037.6%10.8%25.5%62.2%37.1%7.6%-7.8%599.9K-23.3M-58.4K0.4975.739934868,0024,311