TXT Options History — September 2023

In September 2023, TXT traded between $75.31 and $79.88. ATM implied volatility averaged 20.2%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 2.5% (HV 20d: 17.7%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 2.36.

Notable Days

  • 2023-09-22: Highest Volume — 3,969 contracts
  • 2023-09-05: Largest IV spike — 27.7% change
  • 2023-09-26: Highest IV Rank — 31.2%
  • 2023-09-26: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.14$75.31$79.88$78.28$78.44
Max Pain$76.50$75.00$80.00$75.00$80.00
ATM IV20.2%14.1%23.6%14.1%21.6%
Expected Move5.9%4.1%6.8%4.1%6.2%
HV 20d17.7%11.9%25.0%13.6%25.0%
HV 60d27.9%26.7%29.2%27.0%29.2%
IV Rank22.4%6.4%31.2%6.4%26.0%
IV Percentile14.1%0.4%33.3%0.4%22.6%
Term Structure2.9%2.2%3.6%3.6%3.4%
VWIV21.0%19.1%23.7%19.8%22.0%
Skew 25d3.3%1.7%4.3%3.1%2.8%
Skew 10d7.8%2.8%10.7%5.8%8.2%
Call IV 25d19.2%14.3%23.1%14.3%21.1%
Put IV 25d22.5%17.4%25.8%17.4%23.9%
Bid-Ask Spread %81.7776.7287.7181.6681.61
Gamma HHI0.320.220.600.340.28
Net GEX-155.2K-2.9M1.0M-40.8K880.5K
Net DEX-27.3M-43.9M-12.1M-43.9M-24.2M
Net VEX-227.2K-311.8K-183.6K-183.7K-306.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.360.0427.330.130.97
Total Volume1,053.051933,9691,432278
Total OI23,270.116,68427,05626,85423,838

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$78.28$75.0014.1%4.1%13.6%6.4%19.8%3.1%3.6%-40.8K-43.9M-183.7K0.1381.661,26516711,34215,512
2023-09-05$77.13$75.0018.1%5.8%13.9%16.7%19.9%3.5%3.0%-1.2M-35.0M-193.2K2.0081.3312925811,37615,565
2023-09-06$76.02$75.0019.0%5.9%14.1%19.2%19.3%4.3%2.7%-2.3M-25.7M-200.7K1.6676.7215926411,42515,631
2023-09-07$75.31$75.0019.4%5.9%14.3%20.3%19.8%3.7%2.6%-2.9M-21.1M-204.1K27.3381.481143,11611,49215,437
2023-09-08$75.76$75.0017.5%5.7%14.5%15.3%20.4%3.5%3.0%-399.5K-32.5M-188.2K1.4081.5310014011,53013,004
2023-09-11$76.00$75.0020.0%5.6%14.3%21.9%22.6%3.6%2.6%-443.6K-34.8M-183.6K2.7880.9926774211,60513,059
2023-09-12$75.47$75.0020.7%5.6%14.4%23.6%20.1%3.6%2.4%-891.6K-29.5M-202.5K1.0983.3629632311,74313,699
2023-09-13$75.53$75.0019.4%5.6%12.5%20.2%20.7%3.8%2.2%-1.1M-29.8M-195.7K3.4182.086622511,63913,931
2023-09-14$76.05$75.0019.4%5.6%12.6%20.1%19.6%3.8%2.5%-110.6K-35.7M-192.7K0.4687.7149722811,55913,964
2023-09-15$75.70$75.0019.6%5.6%12.0%20.8%20.1%3.8%3.2%-443.4K-35.3M-206.1K0.7481.6617112712,04414,157
2023-09-18$76.00$75.0019.9%5.7%11.9%21.6%19.1%3.2%3.6%243.2K-13.1M-206.6K0.2681.13171447,4009,284
2023-09-19$75.73$75.0020.4%5.8%11.9%22.8%19.8%3.6%3.1%230.0K-12.1M-207.8K0.1082.40175187,5399,313
2023-09-20$79.88$75.0019.8%5.7%22.2%21.3%21.4%3.0%3.3%607.0K-27.7M-195.1K1.4281.824396237,6399,321
2023-09-21$77.91$75.0022.5%6.4%24.3%28.3%22.8%2.1%2.3%315.7K-18.6M-218.2K0.3480.652,5718647,8179,827
2023-09-22$77.98$80.0021.4%6.1%24.3%25.5%21.8%1.7%2.7%839.9K-20.8M-231.8K1.4882.691,6032,3669,91710,044
2023-09-25$79.08$80.0022.4%6.4%24.7%28.1%21.3%3.2%2.7%1.0M-27.0M-303.5K0.0480.302,0907611,28712,233
2023-09-26$78.35$80.0023.6%6.8%24.7%31.2%23.7%2.6%2.6%761.9K-23.6M-311.8K0.6880.8730720810,88412,291
2023-09-27$79.27$80.0023.6%6.8%24.9%31.2%22.9%3.3%2.8%959.0K-28.4M-307.8K0.6182.2516710211,13512,352
2023-09-28$79.00$80.0022.0%6.3%24.8%27.0%22.3%2.6%3.4%943.6K-27.1M-304.8K0.3583.182267911,18012,387
2023-09-29$78.44$80.0021.6%6.2%25.0%26.0%22.0%2.8%3.4%880.5K-24.2M-306.6K0.9781.6114113711,39712,441