TXT Options History — April 2023

In April 2023, TXT traded between $65.43 and $70.95. ATM implied volatility averaged 27.6%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 5.4% (HV 20d: 22.2%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.07.

Notable Days

  • 2023-04-24: Highest Volume — 4,806 contracts
  • 2023-04-25: Largest IV spike — 18.0% change
  • 2023-04-25: Highest IV Rank — 43.7%
  • 2023-04-25: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.11$65.43$70.95$70.95$66.94
Max Pain$68.95$65.00$70.00$70.00$65.00
ATM IV27.6%23.6%32.1%27.4%23.6%
Expected Move8.0%6.8%9.2%7.8%6.8%
HV 20d22.2%16.8%30.1%28.1%19.2%
HV 60d23.1%21.1%24.3%24.0%21.1%
IV Rank30.8%19.6%43.7%30.3%19.6%
IV Percentile21.5%4.0%45.6%20.2%4.0%
Term Structure-1.0%-3.0%2.8%2.8%-0.4%
VWIV28.7%23.2%33.1%27.4%23.2%
Skew 25d5.2%3.0%7.8%4.9%3.0%
Skew 10d8.8%-1.7%18.3%12.1%13.3%
Call IV 25d26.4%22.2%29.7%25.4%22.2%
Put IV 25d31.6%25.2%35.5%30.3%25.2%
Bid-Ask Spread %47.1923.4075.0775.0747.79
Gamma HHI0.220.190.290.210.27
Net GEX627.4K-190.5K1.7M955.4K1.7M
Net DEX2.7M-15.3M13.8M-11.4M-15.3M
Net VEX-185.6K-214.5K-161.2K-200.1K-214.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.076.172.291.46
Total Volume1,492.9471784,8061,3903,024
Total OI21,565.94717,27725,45218,46825,452

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$70.95$70.0027.4%7.8%28.1%30.3%27.4%4.9%2.8%955.4K-11.4M-200.1K2.2975.0742396710,5067,962
2023-04-04$68.81$70.0028.0%8.0%29.9%31.9%28.1%3.0%2.0%305.1K2.1M-192.2K0.2466.1868116310,6198,742
2023-04-05$68.00$70.0029.7%8.5%30.1%36.9%30.4%3.1%1.1%208.6K6.0M-188.9K0.2561.3773918210,8548,876
2023-04-06$67.78$70.0027.1%8.8%28.7%29.6%33.1%6.8%-2.1%196.2K6.8M-186.7K0.4058.602,05881611,1879,007
2023-04-10$68.28$70.0027.9%8.7%27.1%31.6%30.5%6.3%-2.2%577.9K4.0M-183.0K0.1929.171,70332811,8159,149
2023-04-11$68.47$70.0026.0%8.3%25.8%26.3%28.4%6.3%-1.2%528.3K2.8M-186.1K0.9833.9838237511,7489,231
2023-04-12$67.75$70.0028.5%8.2%26.0%33.4%28.6%6.0%-1.4%224.3K9.1M-181.0K0.2847.091724911,7849,578
2023-04-13$68.41$70.0028.1%8.0%23.8%32.2%28.2%5.4%-1.7%471.9K6.6M-176.8K0.7324.6948535511,7589,599
2023-04-14$68.62$70.0027.3%7.8%22.4%30.0%28.3%5.6%-1.3%688.5K5.4M-183.2K1.3723.4024934112,0989,829
2023-04-17$69.12$70.0027.1%7.8%20.3%29.4%27.5%5.3%-1.1%1.1M1.5M-178.0K0.9645.8822922012,2399,774
2023-04-18$69.40$70.0027.0%7.7%18.8%29.1%28.5%5.3%-1.7%1.4M155.0K-179.8K1.6230.1315224612,4269,957
2023-04-19$68.77$70.0026.5%7.6%17.7%27.8%30.3%5.0%-1.9%993.2K6.5M-172.8K6.1730.468250612,4249,995
2023-04-20$68.50$70.0027.1%7.8%17.2%29.3%27.6%5.8%-2.0%239.0K12.5M-167.6K0.3223.421354312,43710,276
2023-04-21$68.02$70.0027.1%7.8%17.2%29.3%29.9%5.0%-1.5%-113.9K13.8M-165.7K1.9963.5616733212,50010,297
2023-04-24$67.98$70.0027.2%7.8%17.1%29.8%29.1%4.4%-2.4%-190.5K7.8M-161.2K0.1356.004,2725348,9278,350
2023-04-25$67.20$65.0032.1%9.2%16.8%43.7%31.4%7.8%-3.0%453.6K-1.6M-191.1K0.0766.353,46023812,2788,687
2023-04-26$65.43$65.0030.7%8.8%18.2%39.8%30.3%5.2%-2.2%942.5K-1.8M-210.4K0.6158.741,6451,00015,4518,809
2023-04-27$65.65$65.0025.5%7.3%17.3%24.8%24.9%4.2%0.4%1.3M-4.0M-206.7K0.2654.831,28432916,2918,841
2023-04-28$66.94$65.0023.6%6.8%19.2%19.6%23.2%3.0%-0.4%1.7M-15.3M-214.5K1.4647.791,2301,79416,7318,721