TXT Options History — August 2023

In August 2023, TXT traded between $74.93 and $79.53. ATM implied volatility averaged 19.5%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 15.5% (HV 20d: 35.0%). Max pain ranged from $70.00 to $75.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 1.29.

Notable Days

  • 2023-08-07: Highest Volume — 1,120 contracts
  • 2023-08-30: Largest IV drop — 35.0% change
  • 2023-08-02: Highest IV Rank — 16.2%
  • 2023-08-02: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.95$74.93$79.53$77.96$77.67
Max Pain$74.57$70.00$75.00$70.00$75.00
ATM IV19.5%11.7%21.9%18.5%15.4%
Expected Move5.6%3.4%6.3%5.3%4.4%
HV 20d35.0%14.0%42.8%41.6%14.0%
HV 60d28.7%27.6%29.2%29.0%27.6%
IV Rank10.2%0.0%16.2%6.0%9.8%
IV Percentile5.9%0.0%12.3%1.6%0.4%
Term Structure1.9%-0.4%3.6%-0.1%2.4%
VWIV20.0%15.6%23.1%18.6%15.9%
Skew 25d3.2%1.6%4.8%2.7%2.1%
Skew 10d7.9%1.8%11.7%1.8%3.5%
Call IV 25d18.6%15.1%20.1%18.2%16.0%
Put IV 25d21.9%17.7%23.9%20.8%18.1%
Bid-Ask Spread %59.5423.8582.3768.7327.60
Gamma HHI0.350.220.470.290.36
Net GEX-485.3K-1.5M455.4K359.6K-539.6K
Net DEX-32.1M-51.5M-14.3M-46.7M-38.5M
Net VEX-210.7K-228.3K-191.2K-191.2K-193.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.085.470.842.88
Total Volume467.5221431,120794446
Total OI26,222.82624,24027,68124,24026,685

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$77.96$70.0018.5%5.3%41.6%6.0%18.6%2.7%-0.1%359.6K-46.7M-191.2K0.8468.7343136310,97013,270
2023-08-02$76.84$70.0021.9%6.3%41.7%16.2%21.9%2.9%-0.4%197.3K-38.8M-211.9K0.7358.8459843411,22513,545
2023-08-03$77.69$75.0019.3%5.5%41.5%8.4%21.1%3.6%2.4%237.1K-41.0M-213.3K1.2874.6910012811,15013,930
2023-08-04$78.65$75.0019.5%5.8%41.6%8.9%20.9%2.3%2.2%293.2K-50.1M-193.5K0.6666.3550833511,21913,980
2023-08-07$79.53$75.0020.5%5.8%41.6%12.1%20.5%2.7%2.0%455.4K-51.5M-199.5K5.4766.3717394711,50714,199
2023-08-08$78.55$75.0020.5%5.8%42.1%11.8%21.1%2.5%2.6%-52.6K-46.5M-204.1K0.1959.342655011,53415,028
2023-08-09$78.08$75.0019.8%5.7%42.2%9.8%20.1%2.5%2.4%-131.5K-39.5M-222.9K0.3371.572397811,58915,060
2023-08-10$77.75$75.0019.8%5.7%42.3%9.9%21.5%3.1%2.5%-174.1K-37.5M-221.3K2.1272.535110811,71915,103
2023-08-11$78.22$75.0019.0%5.4%40.9%7.4%20.8%3.3%3.3%-42.7K-40.9M-215.9K0.8943.8917815811,72615,170
2023-08-14$77.82$75.0018.8%5.4%41.0%6.7%20.4%3.3%3.6%-182.3K-39.1M-207.2K1.1352.4319321911,82415,117
2023-08-15$76.20$75.0021.5%6.2%42.2%15.0%23.1%3.5%2.5%-750.0K-26.7M-218.5K1.2041.3724829811,90315,321
2023-08-16$75.77$75.0020.9%6.0%42.3%13.2%21.0%3.6%3.1%-803.8K-23.6M-219.4K1.3456.2620227112,05115,434
2023-08-17$74.93$75.0021.2%6.1%42.7%14.1%21.2%3.8%2.6%-697.0K-15.3M-228.3K0.3746.4842615612,17715,417
2023-08-18$75.34$75.0021.3%6.1%42.7%14.2%22.2%4.1%1.0%-236.8K-20.5M-222.0K0.8976.0320418112,26315,418
2023-08-21$75.66$75.0021.0%6.0%42.7%13.4%19.8%3.7%0.9%-1.1M-18.2M-212.7K0.8080.6223518910,52114,729
2023-08-22$75.37$75.0020.9%6.0%42.8%13.3%20.9%3.6%1.1%-1.2M-16.2M-217.0K2.2370.518118110,64114,832
2023-08-23$75.70$75.0020.2%5.8%42.8%10.9%20.1%4.8%1.4%-1.2M-18.1M-216.1K0.0882.372572110,68814,893
2023-08-24$75.60$75.0020.6%5.9%15.6%12.2%20.6%4.0%1.0%-1.5M-14.3M-218.7K0.5054.2124612410,79514,898
2023-08-25$75.52$75.0019.4%5.6%15.6%8.8%19.3%3.6%1.4%-1.4M-17.9M-211.8K3.6723.8518166510,91315,033
2023-08-28$76.44$75.0019.4%5.6%15.1%8.5%17.2%4.0%1.4%-1.2M-27.2M-211.6K0.3959.061044111,11515,352
2023-08-29$76.98$75.0018.0%5.2%15.2%4.4%16.9%1.6%2.3%-1.0M-32.7M-204.5K0.4561.812059211,17915,384
2023-08-30$77.59$75.0011.7%3.4%14.6%0.0%15.6%2.8%3.1%-553.4K-38.2M-192.7K1.2054.54657811,23615,382
2023-08-31$77.67$75.0015.4%4.4%14.0%9.8%15.9%2.1%2.4%-539.6K-38.5M-193.2K2.8827.6011533111,25615,429