TRUE Options History — October 2019

In October 2019, TRUE traded between $3.07 and $3.40. ATM implied volatility averaged 100.4%. The 30-day expected move averaged 29.6%. Max pain ranged from $3.00 to $5.00. Net GEX was positive for 2 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 58.19.

Notable Days

  • 2019-10-14: Highest Volume — 5,064 contracts
  • 2019-10-09: Largest IV spike — 35.4% change
  • 2019-10-31: Largest Expected Move — 36.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.27$3.07$3.40$3.38$3.25
Max Pain$4.43$3.00$5.00$5.00$5.00
ATM IV100.4%68.8%128.1%68.8%128.1%
Expected Move29.6%19.7%36.7%19.7%36.7%
Term Structure-18.9%-34.9%20.9%18.4%-34.9%
VWIV91.8%70.2%115.4%89.9%91.4%
Skew 25d8.5%-13.5%28.7%4.1%6.2%
Skew 10d21.6%8.0%34.2%22.0%30.0%
Call IV 25d89.9%53.0%121.6%53.0%121.6%
Put IV 25d98.4%57.1%127.8%57.1%127.8%
Bid-Ask Spread %29.1214.1672.7572.7523.06
Gamma HHI0.590.330.950.530.50
Net GEX-18.3K-56.0K3.6K-40.4K-4.7K
Net DEX1.2M206.2K2.1M2.1M365.6K
Net VEX-2.0K-3.0K-1.2K-3.0K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio58.190.00489.5034.550.08
Total Volume684.26105,0647110
Total OI12,577.8266,31820,09616,0346,814

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$3.38$5.0068.8%19.7%0.0%0.0%89.9%4.1%18.4%-40.4K2.1M-3.0K34.5572.75N/AN/A206916,2119,823
2019-10-02$3.30$5.0086.8%24.9%0.0%0.0%83.3%23.4%20.9%-35.8K2.0M-2.8K46.4233.82N/AN/A125576,2299,426
2019-10-03$3.27$4.0084.8%28.3%0.0%0.0%100.3%13.3%-22.1%3.6K1.9M-1.2K5.0418.64N/AN/A1397006,2248,813
2019-10-04$3.19$4.0082.6%26.2%0.0%0.0%92.4%-8.0%-15.8%-29.9K2.0M-2.3K4.3435.60N/AN/A1054566,1809,071
2019-10-07$3.15$4.0076.5%26.6%0.0%0.0%92.6%6.8%-16.6%-27.6K2.0M-1.9K489.5024.06N/AN/A29796,1369,093
2019-10-08$3.10$4.0071.4%27.2%0.0%0.0%83.8%0.7%-24.1%-26.3K1.8M-1.7K185.5024.39N/AN/A101,8556,1388,245
2019-10-09$3.07$4.0096.7%27.7%0.0%0.0%95.8%28.7%-27.2%-36.4K1.8M-1.8K5.8843.89N/AN/A402356,1488,814
2019-10-10$3.08$4.0091.6%26.3%0.0%0.0%0.0%26.7%-17.0%-36.1K1.7M-1.8K11.2214.16N/AN/A273036,1848,774
2019-10-11$3.22$4.0095.4%27.4%0.0%0.0%0.0%7.3%-25.2%-36.5K1.5M-1.5K6.8531.10N/AN/A523566,2038,813
2019-10-14$3.28$4.00104.6%30.0%0.0%0.0%0.0%6.0%-18.6%7001.3M-1.3K2.5856.76N/AN/A1,4153,6496,1888,825
2019-10-15$3.24$4.00111.6%32.0%0.0%0.0%0.0%3.8%-29.1%-56.0K1.7M-2.5K0.0019.23N/AN/A0717,28612,289
2019-10-16$3.25$4.00108.4%31.1%0.0%0.0%108.5%3.6%-18.6%-55.8K1.6M-2.2K65.4024.24N/AN/A53277,28612,290
2019-10-17$3.40$4.0094.0%26.9%0.0%0.0%94.1%3.5%-14.8%-3.5K1.4M-2.1K9.5817.27N/AN/A1371,3127,29112,805
2019-10-18$3.39$3.00105.2%30.2%0.0%0.0%85.6%18.5%-18.0%-3.0K1.2M-2.0K9.5420.97N/AN/A1451,3847,38812,308
2019-10-21$3.36$5.00107.5%30.8%0.0%0.0%99.8%13.8%-16.9%-3.4K206.2K-2.1K1.0023.83N/AN/A553,4872,831
2019-10-22$3.35$5.00106.5%30.5%0.0%0.0%0.0%9.7%-16.8%-3.6K223.3K-2.0K0.0021.76N/AN/A10503,4922,834
2019-10-23$3.28$5.00110.1%31.6%0.0%0.0%70.2%3.2%-27.6%-3.8K242.3K-2.0K0.0033.50N/AN/A01633,5022,834
2019-10-24$3.25$5.00108.5%31.1%0.0%0.0%72.3%7.5%-19.0%-4.1K298.8K-1.9K27.0025.08N/AN/A1273,5022,996
2019-10-25$3.34$5.00105.8%30.3%0.0%0.0%93.8%-13.5%-30.4%-4.3K292.3K-1.9K9.2025.25N/AN/A10923,5023,023
2019-10-28$3.36$5.00120.3%34.5%0.0%0.0%115.4%13.5%-29.3%-4.2K305.2K-1.9K192.0019.10N/AN/A11923,5123,111
2019-10-29$3.36$5.00119.6%34.3%0.0%0.0%91.4%7.3%-26.7%-4.5K323.5K-1.9K0.0018.68N/AN/A0123,5133,168
2019-10-30$3.30$5.00124.4%35.7%0.0%0.0%0.0%10.2%-25.6%-4.6K342.7K-1.8K0.0842.67N/AN/A131103,5133,175
2019-10-31$3.25$5.00128.1%36.7%0.0%0.0%0.0%6.2%-34.9%-4.7K365.6K-1.8K0.0023.06N/AN/A003,6443,170