TXT Options History — November 2023

In November 2023, TXT traded between $74.78 and $78.25. ATM implied volatility averaged 19.6%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 1.2% (HV 20d: 18.5%). Max pain ranged from $70.00 to $75.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2023-11-29: Highest Volume — 1,582 contracts
  • 2023-11-06: Largest IV spike — 13.0% change
  • 2023-11-01: Highest IV Rank — 29.5%
  • 2023-11-01: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.91$74.78$78.25$75.91$76.63
Max Pain$74.05$70.00$75.00$75.00$75.00
ATM IV19.6%17.0%22.5%22.5%20.1%
Expected Move5.6%4.9%6.4%6.4%5.8%
HV 20d18.5%15.4%21.7%20.7%20.0%
HV 60d20.6%20.0%21.5%20.0%21.5%
IV Rank21.7%14.4%29.5%29.5%22.8%
IV Percentile12.4%2.0%27.4%27.4%18.3%
Term Structure0.2%-0.7%1.1%-0.2%-0.6%
VWIV19.7%17.4%23.7%23.7%19.8%
Skew 25d2.5%0.9%3.8%2.8%2.7%
Skew 10d5.5%-5.7%11.2%2.4%5.1%
Call IV 25d18.5%16.7%21.8%21.8%18.2%
Put IV 25d21.0%19.1%24.6%24.6%20.9%
Bid-Ask Spread %34.575.1475.6375.635.14
Gamma HHI0.380.270.540.330.36
Net GEX1.2M-48.7K1.8M1.1M910.3K
Net DEX-25.0M-36.0M-5.3M-15.9M-22.5M
Net VEX-262.7K-293.7K-237.5K-293.7K-242.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.183.981.450.51
Total Volume444.095621,582186210
Total OI27,762.95226,01229,48227,21227,187

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$75.91$75.0022.5%6.4%20.7%29.5%23.7%2.8%-0.2%1.1M-15.9M-293.7K1.4575.637611013,75313,459
2023-11-02$77.34$70.0022.3%6.3%21.7%28.8%23.3%3.0%0.3%1.5M-27.6M-285.9K1.3557.7110013513,78813,496
2023-11-03$77.60$70.0019.6%5.7%20.9%21.5%20.4%2.8%0.3%1.6M-29.5M-282.5K1.1544.3114316513,87613,513
2023-11-06$77.40$70.0022.1%6.1%19.0%28.4%19.9%3.1%0.1%1.6M-27.3M-274.4K0.2325.314219713,88113,599
2023-11-07$77.16$70.0021.3%5.6%18.9%26.3%19.6%2.3%0.6%1.6M-26.1M-273.0K3.9834.4917368814,12513,624
2023-11-08$76.14$75.0019.0%5.4%19.1%19.9%19.8%3.1%0.8%1.2M-17.9M-275.7K3.3816.409130814,26014,141
2023-11-09$74.78$75.0019.7%5.6%19.0%21.9%19.9%3.5%0.9%952.1K-8.3M-276.4K0.5833.4624314214,64813,945
2023-11-10$76.06$75.0019.1%5.5%20.2%20.1%18.8%3.8%0.7%1.3M-20.1M-273.0K0.7833.701007814,69213,932
2023-11-13$76.04$75.0019.9%5.7%19.3%22.5%19.1%3.3%0.1%1.3M-20.1M-267.2K0.1911.311,07720314,72013,953
2023-11-14$77.13$75.0020.0%5.7%19.8%22.7%19.6%3.5%0.0%1.6M-33.0M-266.8K0.9463.8510810115,46613,977
2023-11-15$77.56$75.0018.6%5.3%18.9%19.0%19.4%3.8%-0.3%1.8M-36.0M-267.9K0.9318.231009315,51413,968
2023-11-16$76.93$75.0020.0%5.7%18.0%22.7%19.3%3.3%-0.4%896.1K-32.5M-260.4K0.1868.511061915,51413,943
2023-11-17$77.22$75.0019.6%5.6%17.2%21.5%17.8%3.0%0.7%971.1K-34.9M-256.2K1.697.2614123815,52213,943
2023-11-20$78.03$75.0017.1%4.9%17.1%14.7%18.5%1.4%1.1%1.2M-31.1M-248.5K0.7910.1030924512,64713,365
2023-11-21$77.75$75.0017.3%5.0%17.2%15.4%20.1%0.9%0.8%1.1M-28.6M-250.4K0.3463.2647016112,65013,526
2023-11-22$78.03$75.0017.0%4.9%16.6%14.4%18.6%1.4%1.0%1.2M-30.4M-248.9K0.7931.1518414612,95413,632
2023-11-24$78.25$75.0017.5%5.0%15.4%16.0%17.4%1.5%0.4%1.3M-31.9M-248.0K3.096.387623513,13913,703
2023-11-27$77.44$75.0019.6%5.6%15.4%21.6%19.1%1.9%-0.1%1.0M-25.7M-243.7K0.3826.1028310713,14713,803
2023-11-28$76.88$75.0020.2%5.8%15.4%23.2%19.7%1.0%-0.7%732.3K-21.0M-243.1K0.2744.99491313,16313,853
2023-11-29$74.88$75.0019.8%5.7%18.1%22.2%19.9%1.3%-0.6%-48.7K-5.3M-237.5K0.6948.6393464813,15113,850
2023-11-30$76.63$75.0020.1%5.8%20.0%22.8%19.8%2.7%-0.6%910.3K-22.5M-242.8K0.515.141397113,76813,419