TXT Options History — January 2023

In January 2023, TXT traded between $66.67 and $72.73. ATM implied volatility averaged 29.2%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 7.0% (HV 20d: 22.2%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2023-01-20: Highest Volume — 5,497 contracts
  • 2023-01-25: Largest IV drop — 19.1% change
  • 2023-01-19: Highest IV Rank — 47.0%
  • 2023-01-19: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.25$66.67$72.73$70.26$72.73
Max Pain$70.00$70.00$70.00$70.00$70.00
ATM IV29.2%24.8%33.3%27.9%24.8%
Expected Move8.6%7.1%9.5%8.0%7.1%
HV 20d22.2%18.0%26.6%26.6%26.1%
HV 60d25.5%24.3%26.8%26.8%25.2%
IV Rank35.5%22.9%47.0%31.7%22.9%
IV Percentile17.4%0.8%36.1%9.9%0.8%
Term Structure-1.1%-4.7%4.8%4.8%-0.4%
VWIV29.2%23.6%34.0%32.1%24.4%
Skew 25d5.1%3.2%6.2%5.3%6.2%
Skew 10d10.3%-3.8%15.9%2.8%15.7%
Call IV 25d27.5%22.2%30.6%26.5%22.2%
Put IV 25d32.6%26.7%35.8%31.7%28.4%
Bid-Ask Spread %57.8731.9973.4552.9555.42
Gamma HHI0.390.200.540.310.40
Net GEX567.6K-1.3M2.5M441.1K1.5M
Net DEX-3.3M-21.8M29.0M-3.6M-17.8M
Net VEX-174.3K-189.8K-148.0K-189.8K-167.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.033.722.390.07
Total Volume1,110.1855,4972881,908
Total OI23,113.0518,41825,94623,63518,418

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$70.26$70.0027.9%8.0%26.6%31.7%32.1%5.3%4.8%441.1K-3.6M-189.8K2.3952.958520312,32111,314
2023-01-04$70.60$70.0027.7%8.0%26.3%31.3%27.6%3.2%4.7%534.9K-6.0M-188.2K1.2058.5912214612,36911,421
2023-01-05$70.20$70.0027.8%9.3%18.0%31.5%31.5%5.6%-1.7%278.4K-2.1M-186.0K2.0872.785912312,44511,565
2023-01-06$71.95$70.0028.8%9.0%20.0%34.3%29.7%4.9%-1.4%1.1M-15.3M-185.2K0.7969.2315612312,49111,550
2023-01-09$70.52$70.0029.0%8.9%21.1%34.9%30.1%4.6%-1.0%289.4K-4.1M-175.7K2.4469.0517442512,56011,609
2023-01-10$70.65$70.0029.2%9.1%20.8%35.3%30.4%5.9%-1.9%204.5K-4.1M-177.1K1.6263.7419832012,60311,780
2023-01-11$70.71$70.0031.6%9.1%20.7%42.3%29.5%5.5%-1.5%93.3K-4.3M-176.0K3.7252.88186712,60311,967
2023-01-12$71.31$70.0031.0%8.9%21.0%40.5%30.3%5.4%-1.2%281.2K-9.1M-172.2K1.7665.0214225012,60812,015
2023-01-13$70.32$70.0030.2%8.6%21.5%38.2%27.7%5.7%-1.4%-700.4K-644.9K-169.0K0.7447.6140930112,66712,105
2023-01-17$69.48$70.0031.2%8.9%19.4%41.0%30.9%5.2%-2.5%-1.3M7.9M-157.4K1.1350.3733838112,79612,117
2023-01-18$68.73$70.0031.1%8.9%19.7%41.0%31.2%5.6%-2.1%-1.3M18.4M-156.1K0.1270.2785010212,95512,352
2023-01-19$66.67$70.0033.3%9.5%22.0%47.0%34.0%5.5%-1.9%-320.0K29.0M-148.0K0.6465.0229118613,52912,417
2023-01-20$67.87$70.0030.8%8.8%22.9%40.0%29.1%5.3%-2.6%-90.7K15.7M-153.9K0.0332.335,32816913,70411,029
2023-01-23$68.76$70.0031.0%8.9%22.3%40.5%33.0%6.1%-2.7%1.1M-3.8M-178.6K0.5673.4563035212,2567,985
2023-01-24$69.05$70.0032.7%9.4%21.7%45.3%32.2%4.7%-4.7%1.3M-6.6M-188.4K0.1065.881,15811312,7908,293
2023-01-25$70.09$70.0026.4%7.6%22.2%27.5%25.6%5.1%-1.1%1.7M-9.9M-180.1K0.0536.332,40013013,0788,458
2023-01-26$71.79$70.0026.1%7.5%23.8%26.7%25.4%5.1%-0.7%2.2M-17.3M-182.5K0.5731.9931517912,1598,527
2023-01-27$72.46$70.0026.2%7.5%23.6%26.8%23.6%3.6%-0.3%2.5M-21.8M-182.6K0.4662.491989212,1608,517
2023-01-30$70.81$70.0027.9%8.0%24.5%31.7%25.4%4.4%-1.5%1.7M-11.4M-172.0K0.0762.113,51524612,1538,575
2023-01-31$72.73$70.0024.8%7.1%26.1%22.9%24.4%6.2%-0.4%1.5M-17.8M-167.1K0.0755.421,7881209,7788,640