TXT Options History — December 2021

In December 2021, TXT traded between $70.26 and $77.54. ATM implied volatility averaged 32.3%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 3.4% (HV 20d: 28.9%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2021-12-02: Highest Volume — 3,643 contracts
  • 2021-12-03: Largest IV spike — 37.0% change
  • 2021-12-03: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.76$70.26$77.54$70.26$77.54
Max Pain$68.64$60.00$70.00$60.00$70.00
ATM IV32.3%25.2%50.6%38.3%25.2%
Expected Move9.0%7.2%14.5%11.0%7.2%
HV 20d28.9%25.3%33.2%25.3%25.9%
HV 60d25.3%23.1%26.4%23.1%25.6%
IV Rank43.0%20.4%100.0%64.5%20.4%
IV Percentile44.2%2.8%100.0%79.4%2.8%
Term Structure2.7%-10.0%6.4%-4.5%6.1%
VWIV33.0%24.7%67.7%38.3%24.7%
Skew 25d4.0%-3.4%8.7%5.1%-3.4%
Skew 10d8.5%-11.6%15.5%11.1%-4.2%
Call IV 25d30.3%24.8%43.4%37.8%26.9%
Put IV 25d34.2%23.6%48.8%43.0%23.6%
Bid-Ask Spread %78.4061.0393.6076.6592.29
Gamma HHI0.370.230.770.270.27
Net GEX988.8K412.3K2.5M537.3K625.6K
Net DEX-30.5M-51.3M-16.3M-20.8M-24.8M
Net VEX-72.8K-95.6K-58.2K-58.2K-66.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.151.810.710.32
Total Volume1,0453983,6431,166575
Total OI11,308.4096,43615,73912,4197,692

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$70.26$60.0038.3%11.0%25.3%64.5%38.3%5.1%-4.5%537.3K-20.8M-58.2K0.7176.656814858,0904,329
2021-12-02$72.80$60.0037.0%10.6%26.7%60.1%48.2%5.5%-2.6%647.3K-29.0M-59.7K0.1583.013,1554888,2614,370
2021-12-03$71.77$60.0050.6%14.5%26.7%100.0%67.7%5.4%-10.0%959.1K-33.4M-89.1K0.2085.212,08942310,3254,419
2021-12-06$73.83$70.0038.5%10.1%27.9%62.1%37.0%5.8%-0.0%1.2M-43.9M-95.6K0.5461.0358831711,1284,519
2021-12-07$75.01$70.0034.5%9.0%27.8%49.6%32.8%4.6%3.3%1.4M-50.6M-88.4K0.5168.0548524711,2134,526
2021-12-08$75.44$70.0033.0%9.0%27.8%45.0%31.3%3.8%2.4%1.4M-51.3M-84.9K0.2169.441,15024511,1914,537
2021-12-09$74.80$70.0031.3%8.7%27.5%39.4%30.5%3.9%3.0%1.4M-40.4M-81.9K0.3875.7367925610,0284,538
2021-12-10$75.43$70.0029.1%8.4%26.9%32.7%29.6%4.3%3.3%1.5M-42.0M-81.2K0.7176.761,4069959,9634,547
2021-12-13$73.43$70.0034.6%8.4%28.3%49.8%30.3%4.6%3.7%1.1M-30.6M-71.5K1.0572.424144349,0934,256
2021-12-14$73.34$70.0037.7%8.9%28.2%59.6%32.2%5.0%2.5%1.1M-30.5M-70.0K0.7473.725574139,0834,285
2021-12-15$74.75$70.0030.7%8.8%29.1%37.6%30.9%3.3%3.6%1.4M-35.3M-69.8K0.6782.114002679,0984,382
2021-12-16$75.04$70.0031.6%9.0%29.0%40.4%31.1%-0.1%3.3%1.8M-35.3M-68.8K0.7280.674032898,9964,414
2021-12-17$74.35$70.0032.3%9.3%29.2%42.7%31.3%8.7%3.4%2.5M-29.2M-69.0K0.5878.125102968,9324,440
2021-12-20$72.15$70.0034.3%9.8%31.0%49.0%34.5%6.2%3.7%461.5K-16.3M-66.6K1.8177.123526364,8761,560
2021-12-21$74.92$70.0029.1%8.3%33.2%32.6%28.8%5.4%5.1%412.3K-19.1M-71.2K0.3075.104491364,9582,093
2021-12-22$75.02$70.0028.1%8.1%32.9%29.6%27.4%5.7%4.8%450.1K-19.8M-70.3K0.4780.713051435,0592,130
2021-12-23$75.97$70.0027.1%7.8%33.1%26.5%30.4%4.1%5.8%491.5K-21.2M-72.5K0.5877.823251885,1582,176
2021-12-27$76.83$70.0027.6%7.9%30.7%28.0%26.7%4.7%3.7%532.3K-22.7M-70.3K0.6479.362961885,2412,216
2021-12-28$77.21$70.0027.9%8.0%30.7%29.0%26.8%3.8%5.5%554.5K-24.6M-63.0K0.5283.833812005,2812,209
2021-12-29$77.37$70.0026.0%7.4%29.0%22.9%30.3%-3.1%6.1%605.1K-24.7M-68.3K0.5393.602601385,3452,222
2021-12-30$77.49$70.0026.6%7.6%28.3%24.8%25.9%3.9%6.4%576.2K-24.5M-66.1K0.2282.016131335,3612,245
2021-12-31$77.54$70.0025.2%7.2%25.9%20.4%24.7%-3.4%6.1%625.6K-24.8M-66.0K0.3292.294361395,4162,276