TRUE Options History — June 2014

Name: TRUE Options Analytics - June 2014
Creator: Options Analysis Suite

In June 2014, TRUE traded between $11.25 and $14.78. ATM implied volatility averaged 69.3%. The 30-day expected move averaged 20.0%. Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.77.

Notable Days

2014-06-20: Highest Volume — 456 contracts
2014-06-11: Largest IV spike — 33.4% change
2014-06-09: Largest Expected Move — 22.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.26	$11.25	$14.78	$11.25	$14.78
Max Pain	$12.13	$10.00	$12.50	$10.00	$12.50
ATM IV	69.3%	59.5%	79.3%	76.9%	67.6%
Expected Move	20.0%	16.3%	22.5%	22.0%	19.4%
Term Structure	1.1%	-9.4%	14.0%	8.7%	-0.6%
VWIV	68.0%	64.1%	72.2%	67.8%	67.7%
Skew 25d	2.3%	-6.3%	33.2%	-6.3%	33.2%
Skew 10d	2.0%	-11.3%	34.8%	-9.9%	34.8%
Call IV 25d	65.8%	51.2%	75.7%	75.7%	51.2%
Put IV 25d	68.0%	61.9%	84.5%	69.4%	84.5%
Bid-Ask Spread %	93.86	82.16	119.62	109.87	93.64
Gamma HHI	0.63	0.46	0.99	0.84	0.69
Net GEX	11.4K	131	21.2K	131	14.6K
Net DEX	-397.3K	-702.7K	-12.3K	-12.3K	-702.7K
Net VEX	-1.8K	-2.5K	-125	-125	-2.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.00	9.10	0.00	0.05
Total Volume	146.333	0	456	21	193
Total OI	921.429	42	1,425	42	1,265

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-06-02	$11.25	$0.00	76.9%	22.0%	0.0%	0.0%	67.8%	0.0%	8.7%	131	-12.3K	-125	0.00	109.87	N/A	N/A	21	0	27	15
2014-06-03	$12.22	$10.00	64.1%	18.4%	0.0%	0.0%	64.1%	0.0%	5.7%	443	-30.4K	-173	0.29	103.81	N/A	N/A	249	71	47	15
2014-06-04	$12.08	$10.00	67.1%	19.2%	0.0%	0.0%	66.9%	0.0%	1.2%	3.0K	-159.5K	-1.1K	1.86	119.62	N/A	N/A	14	26	286	86
2014-06-05	$12.01	$10.00	70.8%	20.3%	0.0%	0.0%	0.0%	0.0%	-4.8%	2.9K	-157.5K	-1.2K	0.29	94.63	N/A	N/A	28	8	299	112
2014-06-06	$14.54	$12.50	68.1%	16.3%	0.0%	0.0%	65.6%	0.0%	14.0%	2.9K	-298.3K	-1.3K	0.01	96.49	N/A	N/A	365	3	312	120
2014-06-09	$14.02	$12.50	65.7%	22.5%	0.0%	0.0%	71.5%	0.0%	-9.4%	9.4K	-523.2K	-1.7K	0.07	82.16	N/A	N/A	378	26	649	123
2014-06-10	$13.64	$12.50	59.5%	21.7%	0.0%	0.0%	70.4%	0.0%	-3.7%	12.6K	-474.4K	-1.9K	0.20	84.36	N/A	N/A	99	20	724	149
2014-06-11	$13.65	$12.50	79.3%	19.9%	0.0%	0.0%	0.0%	0.0%	6.7%	13.4K	-468.3K	-1.9K	0.00	91.89	N/A	N/A	0	0	755	169
2014-06-12	$12.92	$12.50	70.9%	20.3%	0.0%	0.0%	72.1%	0.0%	-0.6%	10.4K	-387.8K	-1.7K	0.02	82.64	N/A	N/A	141	3	755	169
2014-06-13	$13.67	$12.50	71.8%	20.6%	0.0%	0.0%	66.2%	0.0%	-0.1%	12.6K	-506.2K	-1.9K	0.45	97.37	N/A	N/A	22	10	786	170
2014-06-16	$13.92	$12.50	71.4%	20.5%	0.0%	0.0%	72.2%	0.0%	-2.2%	16.1K	-530.5K	-1.9K	0.00	90.88	N/A	N/A	232	0	796	170
2014-06-17	$13.38	$12.50	70.9%	20.3%	0.0%	0.0%	71.4%	-6.3%	-0.4%	14.4K	-566.2K	-2.1K	0.00	87.18	N/A	N/A	21	0	1,004	170
2014-06-18	$13.61	$12.50	70.7%	20.3%	0.0%	0.0%	0.0%	1.4%	-1.3%	15.1K	-535.6K	-2.1K	0.00	91.35	N/A	N/A	20	0	990	170
2014-06-19	$13.58	$12.50	75.0%	21.5%	0.0%	0.0%	68.4%	3.1%	-6.1%	15.4K	-543.2K	-2.1K	0.00	93.50	N/A	N/A	19	0	990	170
2014-06-20	$13.49	$12.50	64.1%	18.4%	0.0%	0.0%	65.9%	-2.8%	6.5%	17.2K	-540.3K	-2.0K	1.16	96.56	N/A	N/A	211	245	1,002	170
2014-06-23	$13.29	$12.50	69.4%	19.9%	0.0%	0.0%	68.2%	-2.3%	3.7%	21.2K	-481.5K	-2.2K	9.10	89.37	N/A	N/A	10	91	978	213
2014-06-24	$13.08	$12.50	67.2%	19.3%	0.0%	0.0%	65.2%	-5.0%	1.1%	15.9K	-369.0K	-2.3K	1.90	90.31	N/A	N/A	49	93	978	304
2014-06-25	$12.85	$12.50	69.5%	19.9%	0.0%	0.0%	67.4%	0.4%	-0.4%	11.8K	-300.5K	-2.4K	0.00	92.92	N/A	N/A	132	0	1,020	377
2014-06-26	$13.14	$12.50	67.8%	19.4%	0.0%	0.0%	67.9%	-4.7%	-1.4%	12.7K	-321.6K	-2.4K	0.00	89.93	N/A	N/A	37	0	1,013	377
2014-06-27	$13.29	$12.50	68.3%	19.6%	0.0%	0.0%	64.5%	5.5%	7.5%	17.4K	-433.7K	-2.5K	0.00	92.59	N/A	N/A	236	0	1,048	377
2014-06-30	$14.78	$12.50	67.6%	19.4%	0.0%	0.0%	67.7%	33.2%	-0.6%	14.6K	-702.7K	-2.4K	0.05	93.64	N/A	N/A	183	10	888	377