TXT Options History — March 2025

In March 2025, TXT traded between $70.88 and $75.31. ATM implied volatility averaged 27.4%, placing in the 56.0% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.5% (HV 20d: 23.9%). Max pain ranged from $67.50 to $90.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.83.

Notable Days

  • 2025-03-24: Highest Volume — 3,297 contracts
  • 2025-03-10: Largest IV spike — 18.8% change
  • 2025-03-10: Highest IV Rank — 81.5%
  • 2025-03-20: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.81$70.88$75.31$73.82$72.47
Max Pain$73.88$67.50$90.00$75.00$72.50
ATM IV27.4%23.1%33.4%26.5%27.5%
Expected Move8.5%7.6%10.2%7.6%8.7%
HV 20d23.9%12.1%29.0%12.1%29.0%
HV 60d21.1%18.6%22.8%18.6%21.5%
IV Rank56.0%37.4%81.5%51.9%56.4%
IV Percentile81.3%57.5%98.4%84.5%86.1%
Term Structure1.9%-1.7%11.3%-0.5%2.7%
VWIV29.3%20.0%36.2%27.5%29.9%
Skew 25d4.4%3.5%5.4%3.6%3.9%
Skew 10d9.3%5.0%12.7%5.0%12.4%
Call IV 25d25.3%21.4%29.2%25.5%25.8%
Put IV 25d29.7%26.0%33.6%29.1%29.7%
Bid-Ask Spread %66.2045.4588.3482.6045.45
Gamma HHI0.230.130.350.200.22
Net GEX122.0K-427.9K1.0M-120.8K761.7K
Net DEX-7.3M-15.9M3.8M-5.3M-9.2M
Net VEX-84.6K-96.0K-68.3K-95.9K-83.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.830.037.410.790.34
Total Volume535.333673,29795270
Total OI12,960.196,44515,30114,8099,577

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$73.82$75.0026.5%7.6%12.1%51.9%27.5%3.6%-0.5%-120.8K-5.3M-95.9K0.7982.60534210,5574,252
2025-03-04$70.88$75.0030.4%8.7%18.1%68.7%27.7%4.8%-1.7%-337.8K3.8M-87.4K5.9588.342461,46410,5724,239
2025-03-05$72.28$75.0027.9%8.0%19.8%57.8%27.2%4.7%0.5%-427.9K1.5M-92.8K6.4383.224629610,5504,751
2025-03-06$73.30$75.0030.6%8.8%20.4%69.7%30.5%4.6%-1.0%-250.8K-3.1M-95.8K0.9784.7315214810,5574,501
2025-03-07$75.30$75.0028.1%8.1%22.6%59.0%27.9%4.3%1.5%60.8K-10.1M-96.0K0.0563.971,4867510,6424,516
2025-03-10$75.31$75.0033.4%9.6%22.4%81.5%35.5%4.3%0.4%17.1K-9.7M-89.3K1.0177.11929310,0734,515
2025-03-11$73.84$75.0030.5%9.5%23.5%69.0%35.2%4.5%-0.0%-234.6K-5.3M-87.1K2.8883.584111810,0684,534
2025-03-12$73.13$75.0029.7%9.6%23.7%65.5%36.2%4.8%0.7%-405.7K-2.3M-84.2K7.4183.6311182310,0734,539
2025-03-13$72.03$75.0030.7%9.5%23.5%69.8%32.4%4.5%-0.6%-311.4K-215.3K-80.2K0.3984.731405410,1293,999
2025-03-14$73.18$75.0029.4%8.3%24.1%64.4%29.9%4.4%0.5%-259.3K-4.1M-80.0K0.2384.972796510,2283,979
2025-03-17$75.01$67.5026.4%8.3%25.0%51.7%29.2%3.9%2.4%44.3K-10.2M-76.7K0.3555.981013510,2153,970
2025-03-18$74.43$67.5026.9%8.0%25.2%53.8%27.7%4.3%1.0%-47.0K-8.5M-74.8K0.3453.33732510,2233,959
2025-03-19$74.90$67.5025.6%8.1%25.2%48.3%26.2%5.1%2.4%159.2K-10.5M-71.9K3.4760.263612510,2113,974
2025-03-20$73.84$0.0024.6%10.2%25.8%43.7%20.0%3.9%11.3%-144.8K-6.4M-69.7K1.5065.5319429110,2193,993
2025-03-21$73.24$90.0025.4%8.3%26.0%47.5%30.6%4.0%3.5%-310.9K-5.6M-68.3K0.6045.7926315810,2544,008
2025-03-24$74.59$72.5023.1%7.8%26.8%37.4%27.3%5.4%4.2%511.7K-10.7M-69.7K0.0345.743,1881094,5701,875
2025-03-25$75.00$72.5023.7%7.8%26.7%40.0%26.4%4.7%3.5%977.2K-14.8M-94.8K1.3452.41861157,3651,955
2025-03-26$75.22$72.5024.8%8.0%26.7%44.7%30.3%4.2%3.3%1.0M-15.5M-94.6K2.1750.09631377,4401,951
2025-03-27$75.31$72.5024.2%7.9%26.7%42.1%26.4%3.5%3.2%1.0M-15.9M-95.7K0.1851.7457107,4882,069
2025-03-28$72.92$72.5026.7%8.5%28.9%53.0%30.7%4.2%2.8%811.7K-10.5M-88.5K2.0447.0027557,5002,074
2025-03-31$72.47$72.5027.5%8.7%29.0%56.4%29.9%3.9%2.7%761.7K-9.2M-83.0K0.3445.45201697,5002,077