TXT Options History — February 2022

In February 2022, TXT traded between $67.27 and $72.86. ATM implied volatility averaged 33.0%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 1.3% (HV 20d: 34.3%). Max pain ranged from $60.00 to $75.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.91.

Notable Days

2022-02-11: Highest Volume — 1,222 contracts
2022-02-03: Largest IV spike — 18.6% change
2022-02-23: Highest IV Rank — 56.1%
2022-02-23: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$69.69	$67.27	$72.86	$68.93	$72.86
Max Pain	$62.63	$60.00	$75.00	$75.00	$65.00
ATM IV	33.0%	29.6%	36.6%	30.1%	34.4%
Expected Move	9.3%	8.4%	10.5%	8.6%	9.9%
HV 20d	34.3%	29.6%	38.3%	31.2%	32.6%
HV 60d	29.8%	28.1%	31.2%	28.2%	30.9%
IV Rank	45.0%	34.3%	56.1%	35.9%	49.4%
IV Percentile	61.7%	35.3%	85.7%	41.3%	75.8%
Term Structure	-0.3%	-2.3%	2.0%	-0.1%	0.1%
VWIV	34.4%	29.2%	41.4%	36.6%	35.9%
Skew 25d	4.9%	1.4%	6.9%	1.4%	6.9%
Skew 10d	11.2%	7.6%	16.2%	8.0%	9.7%
Call IV 25d	32.1%	28.1%	36.3%	32.7%	34.2%
Put IV 25d	37.0%	31.6%	42.2%	34.1%	41.0%
Bid-Ask Spread %	71.43	47.39	83.27	75.71	83.27
Gamma HHI	0.33	0.26	0.42	0.30	0.42
Net GEX	867.0K	389.0K	1.4M	465.2K	1.4M
Net DEX	-11.8M	-22.0M	-4.4M	-6.6M	-22.0M
Net VEX	-79.7K	-90.3K	-63.7K	-65.9K	-84.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.23	2.22	0.46	0.65
Total Volume	779.368	442	1,222	713	511
Total OI	13,038.789	12,472	13,848	12,549	13,231

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$68.93	$75.00	30.1%	8.6%	31.2%	35.9%	36.6%	1.4%	-0.1%	465.2K	-6.6M	-65.9K	0.46	75.71	488	225	9,810	2,739
2022-02-02	$69.93	$75.00	30.3%	8.7%	30.8%	36.5%	35.8%	3.6%	-0.9%	867.9K	-11.3M	-84.4K	0.37	71.89	657	240	9,797	2,746
2022-02-03	$68.06	$60.00	36.0%	9.3%	31.5%	54.2%	34.4%	5.5%	0.1%	761.1K	-9.2M	-82.6K	0.35	70.58	685	238	9,707	2,765
2022-02-04	$67.69	$60.00	31.2%	8.6%	31.3%	39.3%	32.9%	5.5%	0.9%	389.0K	-4.6M	-63.7K	0.47	63.22	592	279	9,701	2,817
2022-02-07	$67.27	$60.00	34.2%	9.2%	29.6%	48.7%	35.0%	5.1%	0.2%	397.0K	-4.4M	-64.9K	0.57	55.08	454	257	9,796	2,836
2022-02-08	$68.75	$60.00	31.4%	8.4%	30.5%	39.8%	32.4%	5.4%	1.6%	442.2K	-6.6M	-66.1K	0.97	63.51	397	386	9,896	2,915
2022-02-09	$71.68	$60.00	29.6%	8.5%	34.7%	34.3%	29.2%	3.5%	1.9%	1.2M	-18.0M	-86.8K	0.78	47.39	489	381	9,923	2,893
2022-02-10	$70.45	$60.00	31.5%	9.0%	34.8%	40.0%	33.6%	4.2%	2.0%	937.1K	-12.4M	-82.6K	0.45	71.87	834	373	9,949	2,921
2022-02-11	$69.60	$60.00	34.5%	9.9%	34.9%	49.6%	36.4%	4.8%	-0.2%	970.2K	-12.7M	-90.3K	0.23	77.83	996	226	10,409	3,020
2022-02-14	$68.59	$60.00	32.8%	9.4%	35.0%	44.3%	33.6%	5.9%	0.1%	756.2K	-9.0M	-76.6K	0.47	71.52	480	225	10,512	3,036
2022-02-15	$70.28	$60.00	32.3%	9.3%	36.1%	42.7%	31.9%	4.9%	-0.9%	1.1M	-14.4M	-85.5K	0.86	63.49	238	204	10,424	3,065
2022-02-16	$72.09	$60.00	32.1%	9.2%	37.5%	42.0%	31.4%	3.7%	-0.3%	1.3M	-18.9M	-89.2K	1.33	75.23	270	359	10,430	3,075
2022-02-17	$70.24	$60.00	33.6%	9.6%	37.9%	46.7%	32.5%	4.7%	-1.3%	1.1M	-13.1M	-83.9K	2.01	79.70	225	452	10,460	3,254
2022-02-18	$69.75	$60.00	34.1%	9.8%	37.1%	48.4%	32.9%	6.1%	-1.6%	1.1M	-11.3M	-83.3K	2.00	71.76	255	510	10,476	3,372
2022-02-22	$68.19	$60.00	33.5%	9.6%	37.8%	46.5%	35.8%	6.5%	-2.2%	768.3K	-10.2M	-75.8K	1.32	79.15	326	429	9,650	2,860
2022-02-23	$68.85	$65.00	36.6%	10.5%	38.1%	56.1%	41.4%	5.9%	-2.3%	756.3K	-10.7M	-81.0K	2.22	78.49	253	561	9,713	3,331
2022-02-24	$69.50	$65.00	35.6%	10.2%	38.3%	52.9%	37.1%	5.8%	-2.0%	829.4K	-12.1M	-83.5K	1.07	79.19	299	320	9,764	3,347
2022-02-25	$71.36	$65.00	34.0%	9.7%	32.7%	48.0%	34.5%	4.4%	-1.3%	1.0M	-16.1M	-84.5K	0.79	78.27	388	306	9,781	3,316
2022-02-28	$72.86	$65.00	34.4%	9.9%	32.6%	49.4%	35.9%	6.9%	0.1%	1.4M	-22.0M	-84.2K	0.65	83.27	310	201	9,905	3,326