TXT Options History — January 2024

In January 2024, TXT traded between $77.13 and $86.26. ATM implied volatility averaged 22.3%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 3.5% (HV 20d: 18.8%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2024-01-25: Highest Volume — 12,885 contracts
  • 2024-01-10: Largest IV spike — 30.5% change
  • 2024-01-23: Highest IV Rank — 46.3%
  • 2024-01-23: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.57$77.13$86.26$80.34$85.00
Max Pain$77.38$75.00$80.00$75.00$75.00
ATM IV22.3%18.0%28.6%19.9%19.0%
Expected Move6.7%5.2%8.2%5.7%5.5%
HV 20d18.8%10.8%33.4%10.8%33.4%
HV 60d18.6%16.5%22.9%17.8%22.9%
IV Rank29.0%17.3%46.3%22.5%20.1%
IV Percentile40.2%4.8%90.5%20.2%10.3%
Term Structure-1.3%-5.0%4.9%4.7%-0.6%
VWIV23.7%18.8%28.7%20.2%19.2%
Skew 25d2.6%0.8%3.7%2.2%1.5%
Skew 10d6.6%0.3%11.3%3.8%2.6%
Call IV 25d22.7%17.8%28.2%19.2%19.2%
Put IV 25d25.3%19.8%30.3%21.4%20.7%
Bid-Ask Spread %43.8515.2977.5053.2963.82
Gamma HHI0.400.310.600.350.37
Net GEX2.6M351.4K5.4M2.0M2.5M
Net DEX-50.3M-142.0M-9.7M-36.4M-72.5M
Net VEX-242.4K-319.8K-204.9K-231.5K-260.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.063.170.361.07
Total Volume2,516.76219012,885555436
Total OI26,387.8122,77337,38522,77327,865

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$80.34$75.0019.9%5.7%10.8%22.5%20.2%2.2%4.7%2.0M-36.4M-231.5K0.3653.2940814712,17110,602
2024-01-03$78.77$75.0019.8%5.7%12.4%22.1%20.3%1.1%4.9%1.7M-25.5M-231.3K0.9266.3151146912,35510,653
2024-01-04$78.98$80.0020.0%7.1%12.2%22.6%25.5%3.2%-1.8%1.7M-26.2M-233.3K0.7869.2815912412,52810,971
2024-01-05$78.44$80.0019.1%6.9%12.5%20.1%24.1%3.6%-1.3%1.5M-22.0M-230.1K3.1769.9411235512,58211,092
2024-01-08$78.63$80.0018.6%7.0%12.3%18.9%25.9%2.9%-1.8%1.8M-23.7M-223.2K1.1537.6417720312,63211,002
2024-01-09$78.16$80.0018.5%6.9%12.6%18.7%25.6%3.7%-1.6%1.6M-19.6M-222.1K1.1315.2910011312,74711,068
2024-01-10$78.06$80.0024.2%6.9%11.9%34.2%24.8%3.2%-1.8%1.5M-18.1M-217.6K0.3777.501395112,75511,142
2024-01-11$78.09$80.0023.5%6.7%11.7%32.2%24.1%3.1%-1.2%1.5M-17.9M-215.5K2.6640.987319412,85611,162
2024-01-12$79.34$80.0024.0%6.9%11.5%33.5%23.2%3.0%-1.3%2.8M-28.1M-216.9K0.2027.273647312,85111,266
2024-01-16$77.38$80.0027.3%7.8%14.3%42.5%25.9%3.2%-3.3%671.3K-11.9M-205.9K0.9365.4959455013,08311,272
2024-01-17$77.13$80.0027.9%8.0%14.4%44.3%26.1%3.2%-2.9%351.4K-9.7M-204.9K0.1724.072,55043513,17011,195
2024-01-18$78.27$80.0027.1%7.8%15.3%42.0%27.7%3.2%-3.3%2.1M-21.7M-217.8K0.0627.6311,96973814,06311,102
2024-01-19$78.47$75.0027.0%7.7%15.3%41.7%27.5%3.2%-3.6%5.2M-67.3M-319.8K0.2827.2949113625,73811,647
2024-01-22$79.25$75.0028.5%8.2%15.7%45.9%28.7%2.2%-4.5%5.3M-70.3M-315.0K0.6929.0865745221,3457,705
2024-01-23$79.19$75.0028.6%8.2%15.6%46.3%28.7%0.8%-5.0%5.4M-70.3M-308.0K0.3945.395,8162,28221,5657,553
2024-01-24$85.64$75.0020.3%5.8%32.1%23.5%20.6%1.9%-0.7%4.3M-140.3M-245.6K0.2947.364,2051,21422,1149,004
2024-01-25$86.15$75.0019.4%5.6%32.1%21.1%22.6%2.6%-0.2%4.1M-142.0M-244.4K0.2332.8810,4642,42122,5569,235
2024-01-26$84.69$75.0018.0%5.2%32.8%17.3%19.8%1.1%-0.3%2.9M-73.4M-244.1K2.9932.296571,96515,55910,765
2024-01-29$85.69$75.0018.7%5.4%32.9%19.2%18.8%3.1%-0.6%2.5M-77.8M-257.2K1.4537.3926238115,51711,936
2024-01-30$86.26$75.0019.1%5.5%32.9%20.2%19.1%1.9%-0.5%2.5M-82.0M-247.0K0.1530.713525315,53512,185
2024-01-31$85.00$75.0019.0%5.5%33.4%20.1%19.2%1.5%-0.6%2.5M-72.5M-260.0K1.0763.8221122515,66812,197