TXT Options History — November 2025

In November 2025, TXT traded between $79.53 and $83.45. ATM implied volatility averaged 25.8%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 5.0% (HV 20d: 20.8%). Max pain ranged from $80.00 to $82.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.46.

Notable Days

2025-11-24: Highest Volume — 566 contracts
2025-11-24: Largest IV drop — 9.5% change
2025-11-19: Highest IV Rank — 16.0%
2025-11-19: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$81.33	$79.53	$83.45	$79.97	$83.13
Max Pain	$80.39	$80.00	$82.50	$82.50	$80.00
ATM IV	25.8%	22.4%	28.1%	27.2%	22.4%
Expected Move	7.3%	6.4%	8.1%	7.8%	6.4%
HV 20d	20.8%	16.4%	26.0%	26.0%	16.8%
HV 60d	21.3%	20.7%	22.7%	22.7%	20.7%
IV Rank	11.7%	5.4%	16.0%	14.3%	5.5%
IV Percentile	59.5%	22.6%	82.5%	75.8%	22.6%
Term Structure	0.8%	-1.7%	3.9%	-1.1%	-0.9%
VWIV	24.9%	20.0%	27.7%	25.9%	20.0%
Skew 25d	4.2%	1.8%	6.1%	3.7%	4.1%
Skew 10d	8.6%	2.6%	12.3%	8.5%	10.1%
Call IV 25d	23.4%	19.8%	25.7%	25.7%	19.8%
Put IV 25d	27.6%	23.8%	30.7%	29.4%	23.8%
Bid-Ask Spread %	79.82	64.48	87.39	81.71	83.99
Gamma HHI	0.15	0.12	0.21	0.14	0.21
Net GEX	1.0M	379.0K	1.6M	991.2K	1.2M
Net DEX	-8.6M	-14.5M	-2.8M	-7.4M	-10.2M
Net VEX	-62.4K	-79.6K	-46.7K	-79.6K	-46.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.01	1.44	0.04	0.01
Total Volume	261.579	71	566	313	71
Total OI	12,085.158	10,172	12,680	12,559	10,660

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-11-03	$79.97	$82.50	27.2%	7.8%	26.0%	14.3%	25.9%	3.7%	-1.1%	991.2K	-7.4M	-79.6K	0.04	81.71	300	13	9,898	2,661
2025-11-04	$79.94	$82.50	27.4%	7.9%	24.9%	14.8%	26.4%	1.8%	-0.1%	881.5K	-5.6M	-72.7K	0.47	84.25	188	89	9,937	2,661
2025-11-05	$80.47	$82.50	25.9%	7.4%	24.7%	11.9%	25.2%	2.5%	-0.4%	1.1M	-8.4M	-75.3K	0.36	80.99	234	85	10,018	2,629
2025-11-06	$80.64	$80.00	27.7%	7.9%	24.3%	15.3%	27.7%	3.3%	0.6%	1.1M	-9.1M	-76.7K	1.24	71.98	103	128	10,061	2,619
2025-11-07	$81.83	$80.00	27.0%	7.7%	22.2%	13.9%	27.4%	4.6%	1.8%	1.4M	-12.0M	-78.1K	0.37	74.33	206	76	10,043	2,627
2025-11-10	$82.11	$80.00	26.6%	7.2%	22.2%	13.3%	25.5%	4.4%	1.1%	1.5M	-13.4M	-79.3K	0.16	76.63	184	29	10,046	2,604
2025-11-11	$82.56	$80.00	25.6%	7.1%	21.5%	11.5%	25.2%	3.5%	3.3%	1.6M	-13.5M	-74.3K	0.13	71.19	179	24	10,019	2,615
2025-11-12	$82.90	$80.00	23.8%	6.8%	21.4%	8.1%	24.3%	2.7%	3.9%	1.6M	-14.5M	-72.0K	0.31	64.48	214	66	9,973	2,612
2025-11-13	$81.46	$80.00	24.6%	7.0%	21.8%	9.5%	24.1%	5.2%	3.3%	1.0M	-8.4M	-61.6K	0.09	76.91	253	23	9,856	2,617
2025-11-14	$80.84	$80.00	24.9%	7.1%	21.9%	10.0%	23.3%	4.8%	2.6%	984.6K	-7.6M	-63.4K	0.03	82.87	255	8	9,825	2,581
2025-11-17	$80.01	$80.00	25.9%	7.4%	21.7%	11.9%	24.8%	4.9%	2.9%	622.8K	-4.0M	-52.7K	0.15	79.49	312	46	9,856	2,585
2025-11-18	$79.96	$80.00	26.8%	7.7%	21.4%	13.5%	25.7%	4.2%	1.8%	621.2K	-4.4M	-53.2K	0.21	82.11	98	21	9,723	2,570
2025-11-19	$79.75	$80.00	28.1%	8.1%	21.2%	16.0%	27.1%	6.1%	0.7%	463.7K	-3.1M	-49.2K	0.85	84.98	115	98	9,717	2,577
2025-11-20	$79.53	$80.00	26.6%	7.6%	16.4%	13.3%	26.1%	5.0%	0.4%	379.0K	-2.8M	-47.2K	1.44	80.70	48	69	9,739	2,591
2025-11-21	$81.25	$80.00	28.0%	8.0%	16.4%	15.7%	25.3%	6.0%	-1.5%	842.8K	-6.8M	-51.7K	0.95	83.36	263	250	9,723	2,615
2025-11-24	$82.54	$80.00	25.3%	7.3%	17.1%	10.8%	24.0%	4.6%	-1.7%	1.1M	-9.5M	-48.8K	0.63	82.59	348	218	8,425	1,747
2025-11-25	$83.02	$80.00	23.6%	6.8%	16.7%	7.7%	23.9%	4.4%	-0.6%	1.3M	-11.4M	-54.7K	0.50	86.66	145	73	8,618	1,954
2025-11-26	$83.45	$80.00	22.4%	6.4%	16.7%	5.4%	21.8%	4.1%	0.1%	1.3M	-11.5M	-49.1K	0.72	87.39	80	58	8,605	2,011
2025-11-28	$83.13	$80.00	22.4%	6.4%	16.8%	5.5%	20.0%	4.1%	-0.9%	1.2M	-10.2M	-46.7K	0.01	83.99	70	1	8,627	2,033