TRUE Options History — August 2015

In August 2015, TRUE traded between $4.83 and $6.26. ATM implied volatility averaged 95.2%. The 30-day expected move averaged 26.4%. Max pain ranged from $5.00 to $7.50. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.20.

Notable Days

  • 2015-08-31: Highest Volume — 2,259 contracts
  • 2015-08-31: Largest IV spike — 24.4% change
  • 2015-08-05: Largest Expected Move — 38.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.51$4.83$6.26$6.26$5.90
Max Pain$5.12$5.00$7.50$5.00$5.00
ATM IV95.2%79.7%133.6%107.8%99.2%
Expected Move26.4%22.9%38.3%30.9%28.4%
Term Structure-7.9%-55.5%13.4%-21.5%-0.9%
VWIV92.9%80.0%140.7%105.5%87.6%
Skew 25d16.2%-2.9%36.2%10.5%10.1%
Skew 10d36.7%-2.9%92.7%31.3%22.6%
Call IV 25d83.4%55.3%154.0%109.5%88.7%
Put IV 25d99.6%79.0%158.9%120.0%98.8%
Bid-Ask Spread %45.6214.1796.0019.5434.27
Gamma HHI0.390.240.780.250.42
Net GEX-4.3K-16.9K2.7K-4.0K1.8K
Net DEX1.6M910.8K2.2M2.0M930.8K
Net VEX-3.7K-5.2K-2.5K-5.2K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.083.420.081.04
Total Volume1,293.476832,2599422,259
Total OI12,005.4767,72414,11712,3748,084

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$6.26$5.00107.8%30.9%0.0%0.0%105.5%10.5%-21.5%-4.0K2.0M-5.2K0.0819.54N/AN/A869736,7675,607
2015-08-04$6.04$5.00132.6%38.0%0.0%0.0%138.9%10.4%-34.8%-2.2K1.9M-4.9K0.3116.74N/AN/A1,4604487,3215,564
2015-08-05$5.93$5.00133.6%38.3%0.0%0.0%140.7%-0.4%-55.5%-3.8K1.9M-5.1K0.2515.01N/AN/A1,3453407,5005,739
2015-08-06$5.55$7.50122.3%25.9%0.0%0.0%90.5%-0.4%-8.1%-2.8K1.8M-3.6K1.0619.97N/AN/A9881,0527,6115,851
2015-08-07$5.73$5.0095.0%23.2%0.0%0.0%80.0%-2.9%-0.3%-3.0K1.8M-3.9K0.7889.50N/AN/A7505857,7886,326
2015-08-10$5.85$5.0090.3%24.1%0.0%0.0%81.1%10.8%-5.3%-1.3K1.8M-3.9K0.8623.24N/AN/A7406357,7516,316
2015-08-11$5.98$5.0093.2%24.2%0.0%0.0%86.9%13.8%-11.0%-7.1K2.0M-4.2K0.8426.31N/AN/A45387,7886,312
2015-08-12$5.76$5.0081.6%23.4%0.0%0.0%80.3%0.9%0.8%-3.6K1.8M-3.7K0.5726.43N/AN/A6653787,7976,320
2015-08-13$5.64$5.0080.3%23.0%0.0%0.0%80.2%5.3%-0.2%-11.3K1.9M-3.7K0.7922.46N/AN/A6605247,8076,272
2015-08-14$5.43$5.0088.2%25.3%0.0%0.0%85.5%4.5%-21.4%-12.9K1.9M-4.1K0.8480.96N/AN/A6575557,8016,098
2015-08-17$5.47$5.0083.7%24.0%0.0%0.0%82.7%28.8%-0.5%-2.3K1.4M-3.8K0.3196.00N/AN/A6422017,8765,674
2015-08-18$5.45$5.0085.6%24.6%0.0%0.0%85.2%34.9%-5.4%-10.6K1.5M-3.6K0.2775.97N/AN/A7061887,9235,654
2015-08-19$5.28$5.0080.1%23.0%0.0%0.0%80.1%25.0%-4.5%-16.3K1.5M-3.4K0.7814.17N/AN/A50398,0535,657
2015-08-20$4.96$5.0085.0%24.4%0.0%0.0%81.5%22.2%-3.9%-16.9K1.9M-2.5K0.5715.40N/AN/A6363628,0625,566
2015-08-21$4.83$5.0084.8%24.3%0.0%0.0%84.1%26.4%-1.9%1872.2M-2.5K1.2367.52N/AN/A5867218,2445,468
2015-08-24$4.83$5.0095.8%27.5%0.0%0.0%97.0%31.1%2.2%5151.1M-2.9K3.1592.98N/AN/A4041,2714,3803,344
2015-08-25$4.85$5.0098.8%28.3%0.0%0.0%102.8%34.3%-0.7%5961.0M-3.2K3.1077.18N/AN/A3721,1534,4453,372
2015-08-26$4.90$5.0090.1%25.8%0.0%0.0%96.3%33.5%1.5%8791.0M-3.0K3.4248.20N/AN/A3401,1644,5613,426
2015-08-27$5.41$5.0090.7%26.0%0.0%0.0%90.7%36.2%-7.3%6991.0M-3.2K2.5349.00N/AN/A4491,1384,5563,426
2015-08-28$5.76$5.0079.7%22.9%0.0%0.0%0.0%4.9%13.4%2.7K910.8K-3.3K2.3647.07N/AN/A4991,1764,5833,425
2015-08-31$5.90$5.0099.2%28.4%0.0%0.0%87.6%10.1%-0.9%1.8K930.8K-3.7K1.0434.27N/AN/A1,1071,1524,6153,469