Shares of TJX Companies Inc. (TJX) are down .06 to 45.22.? TJX is trading just off of its 52-week highs.

Paper rolled the TJX Feb/Mar 45 put spread for .90 3,600 times. ?Average volume is 3,800 contracts per day.? Open interest is over 5,000 contracts in the Feb 45s and just over 1,600 in the Mar 45s.? The implied volatility is down .3 in Mar.

The trade looks to be a large put roll based on the open interest as the customer wants to maintain a long put position.

30-day implied volatility is 20%.?? 10-day implied volatility is 9%.? 30-day implied volatility is trading just above the 10-day historical volatility.?

The TJX Companies, Inc. (TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.