TXT Options History — October 2023

In October 2023, TXT traded between $74.55 and $80.11. ATM implied volatility averaged 27.1%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 3.4% (HV 20d: 23.7%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.40.

Notable Days

  • 2023-10-04: Highest Volume — 2,496 contracts
  • 2023-10-26: Largest IV drop — 20.3% change
  • 2023-10-25: Highest IV Rank — 58.8%
  • 2023-10-25: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.11$74.55$80.11$77.19$75.75
Max Pain$79.09$75.00$80.00$80.00$75.00
ATM IV27.1%23.2%33.2%23.8%24.2%
Expected Move7.9%6.7%9.5%6.8%6.9%
HV 20d23.7%19.7%27.6%25.5%20.8%
HV 60d26.2%20.1%30.4%29.4%20.1%
IV Rank41.4%30.2%58.8%31.7%34.2%
IV Percentile57.4%30.2%84.9%36.9%41.3%
Term Structure-1.6%-5.1%3.6%2.6%-0.3%
VWIV27.7%22.7%33.0%22.7%26.8%
Skew 25d3.3%2.1%4.8%2.4%2.1%
Skew 10d7.8%0.7%15.1%10.4%0.7%
Call IV 25d26.5%21.9%31.9%21.9%24.2%
Put IV 25d29.8%24.3%35.3%24.3%26.3%
Bid-Ask Spread %48.4315.8687.7887.7856.68
Gamma HHI0.330.240.520.270.32
Net GEX669.6K-1.3M2.9M584.8K1.1M
Net DEX-18.9M-42.2M-3.3M-17.4M-16.4M
Net VEX-310.8K-323.6K-295.4K-307.1K-295.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.400.1021.690.688.18
Total Volume698.2731562,496342156
Total OI27,379.86424,02330,48024,02327,086

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$77.19$80.0023.8%6.8%25.5%31.7%22.7%2.4%2.6%584.8K-17.4M-307.1K0.6887.7820413811,52212,501
2023-10-03$76.48$80.0025.4%7.3%25.2%36.0%24.6%3.7%2.7%415.3K-13.6M-314.4K0.8448.0519516411,70912,606
2023-10-04$76.05$80.0023.4%6.7%24.7%30.8%23.4%3.5%3.6%350.7K-11.9M-308.5K21.6986.341102,38611,83712,594
2023-10-05$75.84$80.0023.2%7.7%24.5%30.2%25.1%3.9%-1.6%-1.3M-3.4M-321.6K3.4721.579432611,88415,087
2023-10-06$77.13$80.0023.8%7.8%25.1%31.7%26.2%4.8%-1.8%-676.7K-13.2M-319.2K0.9319.4320419011,94615,191
2023-10-09$79.00$80.0024.3%7.8%26.4%33.0%28.0%3.4%-2.2%222.9K-26.3M-312.8K0.1072.345615712,04115,304
2023-10-10$79.15$80.0023.3%7.7%26.2%30.4%27.2%3.5%-2.3%573.9K-28.7M-314.1K0.1445.421,78124512,48915,335
2023-10-11$79.72$80.0026.5%7.6%26.3%38.7%26.4%3.4%-2.2%1.8M-38.5M-317.0K1.1144.7611612913,93615,423
2023-10-12$78.19$80.0026.5%7.6%27.3%38.8%27.6%4.2%-2.2%891.0K-25.1M-322.2K2.2622.2422250214,02415,511
2023-10-13$78.25$80.0028.2%8.1%27.2%45.0%30.6%3.7%-2.5%868.6K-25.8M-323.6K0.6845.9018212414,14015,657
2023-10-16$79.38$80.0027.5%7.9%27.6%43.1%27.9%3.2%-2.7%2.3M-35.1M-311.4K0.5015.8628614214,21515,720
2023-10-17$80.11$80.0028.8%8.3%27.6%46.7%28.9%2.7%-2.4%2.9M-42.2M-301.1K0.5237.0152427214,20215,807
2023-10-18$78.67$80.0030.3%8.7%21.2%50.8%31.0%2.9%-3.2%1.7M-27.0M-312.9K1.0139.8928929314,30615,930
2023-10-19$77.23$80.0031.0%8.9%20.3%52.9%30.9%3.3%-2.5%-528.2K-16.0M-311.7K2.1536.8515833914,32016,022
2023-10-20$76.11$80.0031.4%9.0%20.9%53.7%30.9%3.6%-2.7%-112.7K-11.6M-309.0K1.2846.349612314,35216,128
2023-10-23$75.39$80.0031.3%9.0%20.3%53.4%30.5%4.0%-3.6%209.8K-7.4M-304.6K2.8370.239426611,32912,782
2023-10-24$75.31$80.0031.7%9.1%20.1%54.7%31.0%3.5%-3.9%220.8K-7.0M-301.5K0.3945.6246017811,39612,871
2023-10-25$74.55$80.0033.2%9.5%19.7%58.8%33.0%3.4%-5.1%135.8K-3.3M-304.8K0.1561.192,13832611,64713,007
2023-10-26$75.97$75.0026.5%7.6%21.1%40.3%25.9%2.5%-1.0%1.1M-17.9M-310.8K0.7556.4328421313,58313,067
2023-10-27$75.15$75.0026.4%7.6%21.3%40.2%26.1%3.1%-0.5%910.9K-12.3M-308.3K1.3868.9311515913,71713,170
2023-10-30$75.86$75.0025.1%7.2%21.0%36.6%26.0%2.6%-0.3%1.1M-16.6M-306.0K1.7636.5118933213,73613,227
2023-10-31$75.75$75.0024.2%6.9%20.8%34.2%26.8%2.1%-0.3%1.1M-16.4M-295.4K8.1856.681713913,75013,336