TRUE Options History — April 2017

Name: TRUE Options Analytics - April 2017
Creator: Options Analysis Suite

In April 2017, TRUE traded between $14.16 and $17.80. ATM implied volatility averaged 43.2%. The 30-day expected move averaged 13.3%. Max pain ranged from $12.50 to $15.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.13.

Notable Days

2017-04-07: Highest Volume — 7,381 contracts
2017-04-12: Largest IV spike — 57.4% change
2017-04-28: Largest Expected Move — 16.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.25	$14.16	$17.80	$15.00	$17.48
Max Pain	$13.21	$12.50	$15.00	$12.50	$15.00
ATM IV	43.2%	27.2%	56.0%	27.2%	56.0%
Expected Move	13.3%	7.8%	16.1%	7.8%	16.1%
Term Structure	-5.2%	-11.7%	15.2%	14.5%	-11.7%
VWIV	46.6%	27.2%	57.5%	27.2%	48.2%
Skew 25d	3.5%	-5.2%	9.0%	-3.6%	2.8%
Skew 10d	17.9%	-10.8%	52.9%	-5.7%	10.3%
Call IV 25d	46.6%	30.9%	54.3%	30.9%	53.5%
Put IV 25d	50.2%	26.9%	56.8%	27.3%	56.3%
Bid-Ask Spread %	52.18	20.70	87.89	47.01	38.91
Gamma HHI	0.48	0.29	0.83	0.61	0.30
Net GEX	1.2M	30.3K	3.4M	1.6M	266.8K
Net DEX	-140.1M	-206.6M	-13.0M	-192.7M	-19.6M
Net VEX	-54.8K	-99.7K	-31.6K	-48.3K	-34.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.13	0.09	4.88	0.19	1.17
Total Volume	3,514.474	1,300	7,381	4,370	2,925
Total OI	119,113.684	17,299	160,761	144,392	20,113

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-04-03	$15.00	$12.50	27.2%	7.8%	0.0%	0.0%	27.2%	-3.6%	14.5%	1.6M	-192.7M	-48.3K	0.19	47.01	N/A	N/A	3,658	712	137,468	6,924
2017-04-04	$14.84	$12.50	29.6%	8.5%	0.0%	0.0%	29.7%	7.2%	13.9%	2.2M	-185.7M	-73.0K	0.54	47.53	N/A	N/A	1,172	630	139,345	7,498
2017-04-05	$14.61	$12.50	28.6%	8.2%	0.0%	0.0%	28.7%	-5.2%	15.2%	2.5M	-178.9M	-85.2K	0.47	61.56	N/A	N/A	1,552	731	139,449	7,960
2017-04-06	$14.54	$12.50	28.0%	12.3%	0.0%	0.0%	43.2%	3.9%	-5.2%	2.8M	-177.3M	-83.0K	0.88	78.58	N/A	N/A	3,799	3,352	140,231	7,919
2017-04-07	$14.50	$12.50	29.6%	12.4%	0.0%	0.0%	43.2%	3.1%	-5.9%	2.7M	-173.4M	-95.7K	0.58	72.81	N/A	N/A	4,681	2,700	142,165	10,265
2017-04-10	$14.45	$12.50	28.9%	13.0%	0.0%	0.0%	47.3%	1.8%	-7.0%	3.0M	-170.2M	-99.7K	0.19	70.83	N/A	N/A	1,094	206	145,673	12,761
2017-04-11	$14.46	$12.50	29.6%	13.1%	0.0%	0.0%	46.7%	2.8%	-6.9%	3.4M	-171.4M	-89.7K	0.18	87.89	N/A	N/A	1,171	212	145,672	12,778
2017-04-12	$14.17	$12.50	46.7%	13.4%	0.0%	0.0%	56.5%	3.6%	-6.9%	829.6K	-179.0M	-48.6K	2.29	43.84	N/A	N/A	1,144	2,621	145,627	12,778
2017-04-13	$14.16	$12.50	48.1%	13.8%	0.0%	0.0%	46.9%	7.7%	-8.1%	1.3M	-175.6M	-49.2K	0.09	55.98	N/A	N/A	4,082	358	145,778	14,983
2017-04-17	$14.32	$12.50	51.6%	14.8%	0.0%	0.0%	53.7%	5.1%	-11.1%	322.4K	-179.1M	-40.7K	0.10	80.51	N/A	N/A	3,728	358	144,074	14,987
2017-04-18	$14.62	$12.50	49.6%	14.2%	0.0%	0.0%	39.2%	9.0%	-10.2%	30.3K	-185.2M	-39.3K	0.44	56.15	N/A	N/A	1,350	592	143,093	14,986
2017-04-19	$15.17	$12.50	52.0%	14.9%	0.0%	0.0%	53.5%	4.3%	-11.0%	169.5K	-201.6M	-39.3K	2.59	61.15	N/A	N/A	1,044	2,701	143,063	14,986
2017-04-20	$15.36	$14.00	52.9%	15.2%	0.0%	0.0%	53.8%	5.0%	-11.4%	83.0K	-202.4M	-41.2K	2.57	23.33	N/A	N/A	1,455	3,746	142,698	16,989
2017-04-21	$15.27	$14.00	51.1%	14.6%	0.0%	0.0%	53.9%	2.7%	-9.9%	258.4K	-206.6M	-37.3K	1.95	20.70	N/A	N/A	1,934	3,769	142,527	17,989
2017-04-24	$15.85	$14.00	50.9%	14.6%	0.0%	0.0%	57.5%	6.1%	-8.0%	274.1K	-13.0M	-35.8K	4.88	21.80	N/A	N/A	490	2,391	13,664	3,635
2017-04-25	$16.41	$14.00	53.5%	15.3%	0.0%	0.0%	54.0%	4.4%	-10.1%	257.5K	-14.9M	-35.1K	1.12	25.11	N/A	N/A	673	755	13,752	3,773
2017-04-26	$16.70	$15.00	53.8%	15.4%	0.0%	0.0%	49.2%	1.3%	-10.3%	260.5K	-16.3M	-33.7K	0.75	75.78	N/A	N/A	1,056	797	14,021	4,271
2017-04-27	$17.80	$15.00	52.4%	15.0%	0.0%	0.0%	53.1%	5.5%	-8.9%	244.0K	-19.1M	-31.6K	0.40	21.89	N/A	N/A	2,248	888	14,514	4,751
2017-04-28	$17.48	$15.00	56.0%	16.1%	0.0%	0.0%	48.2%	2.8%	-11.7%	266.8K	-19.6M	-34.9K	1.17	38.91	N/A	N/A	1,347	1,578	15,486	4,627