TXT Options History — May 2023

In May 2023, TXT traded between $62.14 and $67.30. ATM implied volatility averaged 24.6%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 6.1% (HV 20d: 18.5%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2023-05-11: Highest Volume — 3,645 contracts
  • 2023-05-24: Largest IV spike — 22.9% change
  • 2023-05-31: Highest IV Rank — 36.9%
  • 2023-05-31: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.54$62.14$67.30$67.15$62.14
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV24.6%21.5%29.7%24.3%29.7%
Expected Move7.0%6.2%8.5%7.0%8.5%
HV 20d18.5%15.9%20.2%19.1%18.9%
HV 60d21.5%20.8%22.5%21.0%22.1%
IV Rank22.4%13.6%36.9%21.5%36.9%
IV Percentile11.6%0.4%44.8%6.3%44.8%
Term Structure0.2%-4.1%3.3%0.4%-4.1%
VWIV24.1%21.0%27.0%23.9%25.0%
Skew 25d4.7%3.1%6.3%3.2%4.7%
Skew 10d9.5%6.0%15.1%10.5%6.0%
Call IV 25d22.9%20.0%27.3%21.7%24.6%
Put IV 25d27.6%24.9%30.4%24.9%29.3%
Bid-Ask Spread %39.3812.7058.9422.9253.66
Gamma HHI0.340.280.450.290.28
Net GEX644.1K57.9K1.5M1.5M57.9K
Net DEX6.7M-16.5M23.6M-15.6M23.6M
Net VEX-210.3K-243.3K-171.4K-223.0K-171.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.082.940.680.40
Total Volume742.7731593,6451,756449
Total OI29,862.59126,98331,55326,98329,928

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$67.15$65.0024.3%7.0%19.1%21.5%23.9%3.2%0.4%1.5M-15.6M-223.0K0.6822.921,04471217,1689,815
2023-05-02$67.30$65.0025.7%7.4%18.9%25.4%25.5%4.3%-0.7%1.5M-16.5M-230.5K0.7156.071,02072217,47110,353
2023-05-03$66.84$65.0027.6%7.9%15.9%30.8%24.2%3.8%-4.1%1.3M-12.0M-239.5K2.9458.9422165017,86611,024
2023-05-04$65.33$65.0027.4%7.7%17.3%30.4%26.8%5.8%0.9%787.3K1.1M-241.8K0.4249.1755623617,97811,585
2023-05-05$66.13$65.0024.4%7.2%18.0%21.7%24.7%6.0%1.6%945.8K-4.3M-243.3K0.8239.9617514318,12811,713
2023-05-08$65.87$65.0026.0%7.2%17.7%26.4%24.2%5.7%1.4%855.2K-1.5M-229.9K0.8127.1632826518,18911,786
2023-05-09$65.28$65.0025.6%7.0%17.8%25.1%24.2%5.3%1.7%740.1K2.5M-231.3K0.9131.9011810718,45211,777
2023-05-10$64.74$65.0023.8%6.8%17.7%20.1%25.8%5.0%2.2%489.3K8.8M-217.9K0.2716.5288724118,49511,866
2023-05-11$64.23$65.0023.7%6.8%17.2%19.7%22.6%5.5%2.2%367.1K13.1M-211.0K0.0830.703,37726819,11911,895
2023-05-12$63.39$65.0023.3%6.7%17.4%18.6%24.0%6.3%2.5%219.7K19.9M-210.4K0.5746.8219411019,45512,098
2023-05-15$64.19$65.0022.3%6.4%17.9%15.8%22.3%5.1%3.3%479.4K11.8M-215.4K0.3637.912639519,47111,910
2023-05-16$63.45$65.0022.4%6.4%17.9%16.1%23.6%5.0%2.5%315.4K18.2M-204.5K1.0626.32778219,58611,947
2023-05-17$64.30$65.0021.5%6.2%18.8%13.6%21.8%4.0%2.8%591.3K7.7M-207.8K0.4412.7040217519,59511,316
2023-05-18$65.25$65.0021.9%6.3%19.9%14.7%21.0%5.3%-1.8%924.3K-1.6M-214.0K0.3943.7938815219,47711,300
2023-05-19$64.56$65.0021.9%6.3%20.0%14.5%21.9%3.3%0.7%663.4K6.3M-208.0K1.0937.0014916219,55511,333
2023-05-22$64.83$65.0022.6%6.5%20.2%16.6%22.8%4.8%0.2%832.2K3.1M-202.3K0.4845.711617818,13910,872
2023-05-23$64.16$65.0023.6%6.8%20.1%19.5%23.7%3.9%-0.8%634.9K8.6M-195.8K0.3352.142819218,25110,901
2023-05-24$62.44$65.0029.0%8.3%20.2%34.9%25.3%5.2%-1.6%258.9K19.9M-184.3K0.4052.632048218,34410,918
2023-05-25$62.55$65.0024.3%7.0%20.1%21.4%24.8%4.1%-1.1%206.0K19.5M-181.8K0.7248.0722516118,51010,838
2023-05-26$62.79$65.0023.9%6.9%18.6%20.3%24.6%3.9%-1.0%190.6K19.5M-177.6K0.9333.0815214218,35810,919
2023-05-30$63.02$65.0026.6%7.6%18.6%27.9%27.0%3.1%-2.1%335.8K15.7M-184.5K0.1943.2283715818,35010,926
2023-05-31$62.14$65.0029.7%8.5%18.9%36.9%25.0%4.7%-4.1%57.9K23.6M-171.4K0.4053.6632112818,86611,062