TXT Options History — July 2023

In July 2023, TXT traded between $67.02 and $77.56. ATM implied volatility averaged 22.4%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 2.0% (HV 20d: 20.4%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.27.

Notable Days

2023-07-27: Highest Volume — 6,535 contracts
2023-07-12: Largest IV spike — 22.1% change
2023-07-17: Highest IV Rank — 30.5%
2023-07-17: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$69.27	$67.02	$77.56	$68.13	$77.56
Max Pain	$68.25	$65.00	$70.00	$65.00	$70.00
ATM IV	22.4%	16.9%	26.7%	16.9%	17.9%
Expected Move	6.6%	4.9%	7.7%	4.9%	5.1%
HV 20d	20.4%	13.4%	41.6%	19.1%	41.6%
HV 60d	20.9%	18.5%	29.4%	19.1%	29.4%
IV Rank	17.4%	1.1%	30.5%	1.1%	4.1%
IV Percentile	14.3%	0.8%	36.1%	0.8%	1.2%
Term Structure	-1.1%	-3.6%	5.4%	4.3%	-0.3%
VWIV	23.2%	18.2%	29.0%	18.2%	18.5%
Skew 25d	4.1%	1.9%	5.1%	2.9%	1.9%
Skew 10d	8.0%	1.3%	11.0%	2.9%	5.1%
Call IV 25d	21.6%	16.2%	24.2%	17.0%	18.2%
Put IV 25d	25.7%	19.9%	28.7%	19.9%	20.1%
Bid-Ask Spread %	51.99	24.02	82.79	59.73	59.14
Gamma HHI	0.31	0.24	0.37	0.37	0.26
Net GEX	894.1K	96.8K	1.5M	1.1M	231.6K
Net DEX	-15.0M	-49.2M	-6.0M	-13.2M	-42.2M
Net VEX	-184.5K	-203.4K	-145.9K	-175.5K	-203.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.27	0.17	5.29	5.02	0.17
Total Volume	851.05	93	6,535	1,283	1,055
Total OI	18,648.95	15,894	23,888	15,894	23,888

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-07-03	$68.13	$65.00	16.9%	4.9%	19.1%	1.1%	18.2%	2.9%	4.3%	1.1M	-13.2M	-175.5K	5.02	59.73	213	1,070	9,421	6,473
2023-07-05	$67.35	$65.00	20.4%	5.9%	18.8%	11.0%	18.7%	4.2%	5.4%	846.9K	-7.9M	-182.8K	0.35	82.79	315	109	9,462	7,448
2023-07-06	$67.02	$70.00	21.3%	7.0%	19.0%	13.4%	21.8%	4.9%	-1.1%	762.3K	-6.0M	-182.5K	1.29	56.64	195	251	9,630	7,496
2023-07-07	$67.52	$70.00	24.5%	6.6%	16.0%	22.5%	23.6%	3.2%	-1.8%	844.9K	-8.4M	-190.8K	0.82	65.24	749	613	9,772	7,729
2023-07-10	$67.94	$70.00	20.9%	6.7%	15.8%	12.3%	23.8%	4.7%	-1.7%	1.1M	-10.9M	-190.0K	0.25	36.97	401	101	10,426	7,722
2023-07-11	$68.98	$70.00	19.2%	6.8%	16.5%	7.5%	24.3%	5.1%	-1.6%	1.4M	-16.4M	-193.3K	0.47	45.70	349	164	10,538	7,752
2023-07-12	$68.73	$70.00	23.4%	6.7%	16.4%	19.5%	25.0%	4.1%	-2.0%	1.4M	-15.7M	-190.4K	1.05	37.51	210	221	10,594	7,853
2023-07-13	$68.93	$70.00	23.3%	6.7%	16.4%	19.1%	23.3%	4.4%	-1.6%	1.5M	-16.4M	-192.5K	1.32	40.52	110	145	10,724	7,927
2023-07-14	$67.31	$70.00	26.1%	7.5%	18.1%	28.7%	23.4%	4.4%	-1.9%	839.6K	-7.3M	-188.8K	0.25	39.38	302	76	10,791	8,017
2023-07-17	$67.34	$70.00	26.7%	7.7%	17.3%	30.5%	24.8%	4.9%	-2.5%	841.1K	-7.8M	-185.8K	0.49	74.94	82	40	10,785	8,046
2023-07-18	$67.84	$70.00	23.5%	6.7%	17.4%	21.1%	24.5%	5.0%	-1.6%	1.0M	-9.8M	-186.0K	0.36	50.15	212	77	10,795	8,065
2023-07-19	$67.66	$70.00	23.7%	6.8%	17.3%	21.5%	24.4%	4.1%	-2.6%	601.2K	-8.8M	-182.7K	0.56	40.94	68	38	10,849	8,064
2023-07-20	$67.81	$70.00	24.1%	6.9%	17.0%	22.7%	25.6%	4.7%	-2.5%	968.0K	-9.7M	-184.0K	0.35	73.03	235	82	10,855	8,072
2023-07-21	$67.83	$65.00	23.5%	6.7%	15.9%	20.9%	23.7%	4.1%	-2.0%	686.1K	-9.8M	-182.0K	0.26	24.02	74	19	10,957	8,137
2023-07-24	$67.95	$65.00	24.3%	7.0%	14.8%	23.4%	25.9%	4.6%	-3.6%	713.8K	-6.9M	-179.0K	5.29	39.41	58	307	9,842	7,817
2023-07-25	$68.04	$65.00	24.6%	7.1%	14.7%	24.3%	25.4%	4.4%	-2.9%	728.8K	-7.2M	-180.4K	0.78	41.42	160	124	9,870	7,902
2023-07-26	$68.48	$65.00	24.8%	7.1%	13.4%	25.0%	29.0%	4.5%	-3.2%	798.2K	-9.8M	-180.1K	1.35	49.20	276	372	9,966	7,999
2023-07-27	$76.57	$65.00	20.7%	5.9%	41.3%	12.6%	20.5%	2.7%	0.8%	1.5M	-49.2M	-145.9K	3.95	58.86	1,319	5,216	10,012	8,306
2023-07-28	$76.35	$70.00	19.1%	5.5%	41.4%	7.8%	19.1%	3.7%	0.2%	96.8K	-36.0M	-194.8K	0.94	64.25	833	780	10,312	12,665
2023-07-31	$77.56	$70.00	17.9%	5.1%	41.6%	4.1%	18.5%	1.9%	-0.3%	231.6K	-42.2M	-203.4K	0.17	59.14	905	150	10,723	13,165