TRUE Options History — July 2015

In July 2015, TRUE traded between $5.83 and $11.97. ATM implied volatility averaged 73.4%. The 30-day expected move averaged 21.1%. Max pain ranged from $7.50 to $15.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.01.

Notable Days

  • 2015-07-09: Highest Volume — 3,729 contracts
  • 2015-07-09: Largest IV spike — 120.6% change
  • 2015-07-27: Largest Expected Move — 31.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.87$5.83$11.97$11.97$6.58
Max Pain$10.45$7.50$15.00$15.00$7.50
ATM IV73.4%38.2%110.9%56.2%91.8%
Expected Move21.1%16.1%31.8%16.1%26.3%
Term Structure-4.5%-26.4%6.3%6.2%-11.0%
VWIV72.1%45.0%110.9%51.6%110.9%
Skew 25d7.7%-25.2%41.3%-25.2%25.4%
Skew 10d29.4%-21.1%72.8%-21.1%60.8%
Call IV 25d69.9%58.4%104.5%65.7%81.1%
Put IV 25d77.5%35.5%115.8%40.5%106.6%
Bid-Ask Spread %49.7312.3986.6716.4624.05
Gamma HHI0.420.250.590.310.26
Net GEX-10.7K-45.1K10.1K-10.3K-365
Net DEX2.5M900.7K3.9M2.8M2.2M
Net VEX-11.1K-15.0K-4.4K-15.0K-6.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.252.420.800.25
Total Volume1,509.7276133,7296421,292
Total OI14,282.3648,05518,72816,71611,895

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$11.97$15.0056.2%16.1%0.0%0.0%51.6%-25.2%6.2%-10.3K2.8M-15.0K0.8016.46N/AN/A35628610,7345,982
2015-07-02$11.66$15.0062.0%17.8%0.0%0.0%45.0%-24.6%-1.8%-9.9K2.9M-14.6K0.7555.60N/AN/A35126210,7685,980
2015-07-06$11.63$12.5060.9%17.6%0.0%0.0%59.8%4.2%-1.3%-13.2K3.0M-13.3K1.0123.64N/AN/A76376710,7845,764
2015-07-07$11.35$12.5049.1%17.6%0.0%0.0%56.8%1.6%-1.6%-9.8K3.4M-13.5K1.4946.81N/AN/A44065511,0805,984
2015-07-08$10.99$12.5038.2%18.4%0.0%0.0%67.0%-2.9%6.3%-12.4K3.3M-13.4K0.8565.10N/AN/A83971211,0616,027
2015-07-09$10.23$12.5084.3%21.2%0.0%0.0%73.6%2.2%-2.8%-26.2K3.9M-11.0K1.5945.07N/AN/A1,4372,29210,8026,081
2015-07-10$10.62$10.0067.2%19.8%0.0%0.0%68.2%7.5%-7.4%-45.1K3.4M-12.6K1.6741.12N/AN/A7721,29011,8266,794
2015-07-13$11.01$10.0075.5%20.4%0.0%0.0%67.3%14.8%-10.4%-28.2K3.0M-13.1K1.1536.31N/AN/A64374211,7826,879
2015-07-14$10.99$10.0088.4%19.2%0.0%0.0%67.4%4.0%-2.7%-27.1K3.0M-13.1K1.0241.05N/AN/A67569111,7986,879
2015-07-15$11.01$10.0065.6%18.8%0.0%0.0%66.4%7.7%-5.6%-24.4K2.9M-12.8K1.0453.16N/AN/A67570211,8456,879
2015-07-16$11.16$10.0068.4%19.6%0.0%0.0%65.6%11.7%-4.7%-9.9K2.8M-13.0K2.4268.42N/AN/A39295011,8456,883
2015-07-17$11.13$10.0070.3%20.2%0.0%0.0%65.0%15.0%-6.1%-12.3K2.4M-13.2K1.4286.67N/AN/A58082611,8526,627
2015-07-20$11.05$10.0063.3%18.2%0.0%0.0%54.3%6.6%4.0%-6.4K1.1M-12.7K0.9386.49N/AN/A6395933,8034,252
2015-07-21$11.18$10.0066.4%19.0%0.0%0.0%63.9%11.3%0.5%-6.0K968.6K-13.2K0.5875.66N/AN/A1,0866354,0994,252
2015-07-22$10.92$10.0069.0%19.8%0.0%0.0%58.3%8.3%-2.1%10.1K900.7K-13.3K0.7379.31N/AN/A8716354,6594,269
2015-07-23$10.67$10.0068.6%19.7%0.0%0.0%72.3%10.4%1.4%7.9K943.4K-13.1K1.5183.50N/AN/A4626974,6844,269
2015-07-24$6.88$10.0085.2%24.4%0.0%0.0%95.0%13.4%-5.4%-5.1K2.3M-4.9K0.6242.54N/AN/A1,8311,1444,6894,337
2015-07-27$5.83$10.00110.9%31.8%0.0%0.0%105.5%5.0%-26.4%-2.7K2.1M-4.4K0.8761.32N/AN/A1,0539195,9405,094
2015-07-28$6.70$7.5093.7%26.9%0.0%0.0%88.6%0.9%-11.7%-3.5K2.2M-5.5K0.3027.15N/AN/A9292786,1325,475
2015-07-29$6.65$7.5085.4%24.5%0.0%0.0%81.6%29.8%-4.2%-4452.2M-6.1K0.3522.23N/AN/A7292556,2115,461
2015-07-30$6.87$7.5093.4%26.8%0.0%0.0%102.8%41.3%-12.0%3332.1M-6.8K0.7512.39N/AN/A6114576,2595,496
2015-07-31$6.58$7.5091.8%26.3%0.0%0.0%110.9%25.4%-11.0%-3652.2M-6.1K0.2524.05N/AN/A1,0342586,3155,580