TXT Options History — May 2022

In May 2022, TXT traded between $61.60 and $72.06. ATM implied volatility averaged 36.7%, placing in the 56.5% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 10.3% (HV 20d: 47.0%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2022-05-10: Highest Volume — 2,207 contracts
  • 2022-05-12: Largest IV spike — 20.2% change
  • 2022-05-12: Highest IV Rank — 83.9%
  • 2022-05-12: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.20$61.60$72.06$69.89$65.15
Max Pain$65.95$65.00$70.00$65.00$65.00
ATM IV36.7%31.1%45.5%37.6%33.6%
Expected Move10.4%8.9%13.0%10.8%9.6%
HV 20d47.0%40.2%51.4%40.2%42.5%
HV 60d37.2%35.0%38.3%35.0%37.4%
IV Rank56.5%38.8%83.9%59.4%46.9%
IV Percentile81.0%46.0%98.8%90.1%65.1%
Term Structure-1.7%-7.2%1.2%-3.9%-2.1%
VWIV36.2%29.9%43.3%37.7%40.5%
Skew 25d7.7%4.4%19.8%7.0%5.7%
Skew 10d15.7%2.5%27.7%15.5%20.4%
Call IV 25d34.3%29.0%39.8%36.7%35.8%
Put IV 25d42.0%35.7%52.5%43.7%41.5%
Bid-Ask Spread %82.0373.3892.1583.3690.79
Gamma HHI0.280.190.380.190.29
Net GEX-156.5K-462.8K404.2K260.6K-419.2K
Net DEX11.1M-4.4M17.5M1.1M12.7M
Net VEX-130.2K-142.6K-121.4K-142.6K-123.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.291.460.441.03
Total Volume936.5246452,207721827
Total OI12,647.57111,49713,58312,52511,690

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$69.89$65.0037.6%10.8%40.2%59.4%37.7%7.0%-3.9%260.6K1.1M-142.6K0.4483.364992225,8076,718
2022-05-03$69.46$65.0036.7%10.5%40.2%56.3%36.4%5.8%-3.4%265.8K1.8M-140.6K1.4680.174336315,8566,716
2022-05-04$72.06$65.0035.7%10.2%42.0%53.3%34.0%4.4%-2.9%404.2K-4.4M-142.5K0.8890.644433895,8596,887
2022-05-05$69.39$70.0037.0%9.5%44.0%57.4%35.6%6.7%0.8%290.6K2.4M-141.2K0.5475.564202255,8496,909
2022-05-06$68.61$70.0036.3%9.7%44.2%55.1%36.6%7.7%-0.9%201.2K5.2M-137.8K0.5273.804412315,8586,899
2022-05-09$64.44$70.0042.4%11.0%48.6%74.1%38.4%7.2%-1.4%-115.9K13.2M-128.2K0.3076.297822355,8456,892
2022-05-10$64.18$70.0041.8%11.9%48.5%72.4%40.9%6.3%-3.3%-144.3K13.7M-126.4K0.3274.041,6745335,8366,833
2022-05-11$62.72$65.0037.8%10.8%49.0%60.0%38.7%6.8%-1.7%-205.2K14.9M-124.8K0.3873.387642875,9886,955
2022-05-12$61.60$65.0045.5%13.0%48.2%83.9%43.3%7.4%-7.2%-394.0K17.1M-121.4K0.3379.457072366,2566,946
2022-05-13$63.53$65.0037.7%10.8%49.9%59.5%40.2%16.9%-3.4%-85.7K13.4M-132.2K0.3080.446752036,4326,999
2022-05-16$62.98$65.0034.6%9.9%49.9%49.9%37.8%19.8%0.2%-323.4K15.2M-128.1K0.2980.837402136,4217,029
2022-05-17$65.39$65.0033.6%9.6%50.8%46.9%31.7%5.6%1.2%-11.6K9.8M-131.6K0.4392.155792516,3587,071
2022-05-18$63.91$65.0036.3%10.4%50.6%55.3%35.5%6.6%0.6%-169.1K13.3M-129.8K0.5478.145362926,3577,121
2022-05-19$63.22$65.0036.7%10.5%49.4%56.4%31.9%9.3%-4.9%-231.3K15.7M-126.1K0.5589.455232886,3397,239
2022-05-20$62.02$65.0038.9%11.2%49.7%63.3%32.5%6.3%-1.6%-450.4K17.5M-123.7K0.7480.305994456,3187,265
2022-05-23$64.02$65.0035.6%10.2%51.4%52.9%29.9%5.2%-1.5%-423.4K13.6M-126.3K0.8680.864533914,6876,810
2022-05-24$63.58$65.0035.3%10.1%50.9%52.1%33.7%7.7%-1.3%-446.6K14.6M-126.5K0.8788.304533944,7086,873
2022-05-25$62.64$65.0033.9%9.7%51.1%47.7%35.8%7.0%-0.5%-462.8K16.0M-124.0K0.9378.024744434,7296,877
2022-05-26$64.56$65.0033.4%9.6%43.9%46.0%36.5%6.3%-0.5%-412.3K13.6M-128.0K1.0085.294404384,7266,955
2022-05-27$65.83$65.0031.1%8.9%42.7%38.8%32.9%6.7%1.1%-414.1K11.8M-128.0K1.1391.434024564,7136,973
2022-05-31$65.15$65.0033.6%9.6%42.5%46.9%40.5%5.7%-2.1%-419.2K12.7M-123.8K1.0390.794084194,7196,971