TXT Options History — December 2022

In December 2022, TXT traded between $69.18 and $73.65. ATM implied volatility averaged 31.8%, placing in the 42.9% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 5.8% (HV 20d: 26.1%). Max pain ranged from $70.00 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 1.58.

Notable Days

  • 2022-12-06: Highest Volume — 8,387 contracts
  • 2022-12-14: Largest IV drop — 31.8% change
  • 2022-12-12: Highest IV Rank — 87.7%
  • 2022-12-02: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.03$69.18$73.65$71.08$70.62
Max Pain$70.00$70.00$70.00$70.00$70.00
ATM IV31.8%26.0%47.6%35.3%27.8%
Expected Move8.4%7.5%10.5%10.1%8.0%
HV 20d26.1%23.2%29.9%23.8%26.6%
HV 60d30.5%26.9%33.7%32.7%26.9%
IV Rank42.9%26.4%87.7%52.8%31.4%
IV Percentile31.6%2.4%97.2%54.0%9.5%
Term Structure2.4%-4.2%4.5%-2.8%3.8%
VWIV29.8%25.7%36.6%35.7%29.4%
Skew 25d4.5%3.3%6.3%4.7%4.4%
Skew 10d6.8%-3.3%20.7%5.4%5.7%
Call IV 25d27.7%23.9%35.8%34.9%26.1%
Put IV 25d32.2%28.3%40.5%39.5%30.5%
Bid-Ask Spread %64.8845.3280.4756.9365.03
Gamma HHI0.400.280.600.370.31
Net GEX1.8M353.3K4.0M1.5M582.8K
Net DEX-24.2M-63.5M-330.1K-34.1M-5.7M
Net VEX-214.4K-239.5K-193.8K-239.5K-202.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.127.851.245.64
Total Volume1,545.81858,387623239
Total OI33,918.90521,45646,59037,69723,610

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$71.08$70.0035.3%10.1%23.8%52.8%35.7%4.7%-2.8%1.5M-34.1M-239.5K1.2456.9327834519,70017,997
2022-12-02$70.87$70.0036.5%10.5%23.7%56.3%36.6%4.7%-4.2%1.3M-30.0M-239.0K0.9868.1176575319,75918,079
2022-12-05$69.93$70.0041.0%9.6%23.2%68.9%33.2%5.7%1.7%631.9K-17.0M-239.0K0.9974.342,0652,05419,94418,724
2022-12-06$73.65$70.0035.0%8.6%29.4%51.9%31.5%3.7%1.8%3.4M-63.5M-232.5K0.6945.324,9523,43521,16120,294
2022-12-07$72.78$70.0033.6%8.6%29.9%48.0%31.3%5.3%1.7%3.5M-54.6M-233.9K0.1368.502,48532222,35620,056
2022-12-08$72.70$70.0032.3%7.9%29.3%44.2%28.7%4.6%3.7%3.8M-54.9M-226.9K0.5769.6577344322,67320,213
2022-12-09$71.84$70.0036.1%8.9%25.1%55.1%29.6%4.7%2.0%3.0M-43.5M-223.5K0.5475.111,52082422,68820,374
2022-12-12$72.13$70.0047.6%9.1%25.0%87.7%30.7%5.1%2.0%3.3M-45.0M-220.9K1.3668.7671998023,23320,977
2022-12-13$71.96$70.0042.4%8.4%24.2%73.0%30.7%4.9%1.9%3.5M-42.9M-214.6K5.4876.473952,16423,32921,815
2022-12-14$71.91$70.0028.9%8.3%24.2%34.5%28.0%4.3%1.8%2.8M-40.4M-215.1K0.1571.524727023,36123,054
2022-12-15$69.88$70.0028.1%8.1%26.3%32.4%27.9%3.7%2.9%1.5M-10.3M-212.0K0.4880.4770733723,49423,096
2022-12-16$70.04$70.0027.6%7.9%26.0%30.9%26.4%4.4%3.6%4.0M-14.5M-204.1K0.1269.121,62019423,35022,837
2022-12-19$69.18$70.0026.8%7.7%25.5%28.6%28.4%3.7%3.9%353.3K-330.1K-200.4K0.4160.242008311,6589,798
2022-12-20$69.71$70.0026.0%7.5%25.7%26.4%27.1%4.2%4.1%500.7K-3.8M-198.9K1.1163.74859411,7139,753
2022-12-21$71.07$70.0026.9%7.7%26.6%28.9%26.0%6.3%3.7%834.2K-11.3M-205.2K0.7968.6521516911,7439,839
2022-12-22$69.93$70.0027.5%7.9%27.1%30.6%29.0%4.6%3.5%547.9K-5.2M-202.4K2.0356.5215832111,8629,925
2022-12-23$70.38$70.0026.2%7.5%27.3%27.0%27.6%4.2%4.5%572.2K-6.4M-200.8K1.2449.37384711,86010,103
2022-12-27$70.76$70.0028.1%8.1%26.0%32.3%31.8%3.8%3.5%709.5K-9.7M-194.6K7.8562.166651811,86510,129
2022-12-28$70.00$70.0027.9%8.0%26.1%31.7%30.3%4.5%3.8%437.6K-4.2M-193.8K0.9748.6060558611,88610,642
2022-12-29$71.12$70.0026.6%7.6%26.5%28.1%25.7%3.3%4.0%747.4K-10.3M-203.0K0.3763.932679912,18911,158
2022-12-30$70.62$70.0027.8%8.0%26.6%31.4%29.4%4.4%3.8%582.8K-5.7M-202.4K5.6465.033620312,31911,291