TRUE Options History — October 2021

In October 2021, TRUE traded between $4.03 and $4.51. ATM implied volatility averaged 63.9%. The 30-day expected move averaged 20.1%. Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 3.10.

Notable Days

  • 2021-10-29: Highest Volume — 3,209 contracts
  • 2021-10-13: Largest IV spike — 25.3% change
  • 2021-10-29: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.23$4.03$4.51$4.19$4.17
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV63.9%45.0%86.7%53.8%86.7%
Expected Move20.1%15.4%24.8%15.4%24.8%
Term Structure-8.0%-14.9%16.0%16.0%-8.9%
VWIV67.1%49.6%88.0%53.8%88.0%
Skew 25d4.9%-15.8%74.5%74.5%0.9%
Skew 10d21.4%-29.7%221.5%221.5%5.2%
Call IV 25d65.1%43.9%81.9%45.5%81.9%
Put IV 25d70.0%60.3%120.0%120.0%82.8%
Bid-Ask Spread %33.579.7968.9168.9138.82
Gamma HHI0.370.220.610.320.50
Net GEX9.6K16631.1K11.6K31.1K
Net DEX-51.0K-464.5K216.0K-59.8K-464.5K
Net VEX-2.2K-3.7K-1.5K-1.8K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.100.0012.780.000.48
Total Volume717.04863,20963,209
Total OI6,386.9053,5109,7146,3509,714

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$4.19$5.0053.8%15.4%0.0%0.0%53.8%74.5%16.0%11.6K-59.8K-1.8K0.0068.91N/AN/A605,3271,023
2021-10-04$4.08$5.0052.3%20.0%0.0%0.0%0.0%-12.2%-10.8%8.3K-22.2K-1.7K0.0230.69N/AN/A6415,3231,024
2021-10-05$4.06$5.0049.9%20.9%0.0%0.0%0.0%-11.4%-13.2%9.1K-24.9K-1.6K0.0422.49N/AN/A14165,3251,024
2021-10-06$4.03$5.0048.8%20.0%0.0%0.0%70.5%-15.8%-9.1%8.7K422-1.5K3.3325.95N/AN/A18605,3691,024
2021-10-07$4.21$5.0056.1%20.5%0.0%0.0%71.8%-11.2%-5.2%11.9K-119.5K-1.9K0.8214.69N/AN/A111915,443962
2021-10-08$4.21$5.0060.0%19.5%0.0%0.0%67.8%-5.8%-7.1%11.8K-116.4K-1.9K3.2820.36N/AN/A18595,4561,022
2021-10-11$4.20$5.0045.0%21.0%0.0%0.0%73.1%-5.4%-11.5%8.5K-109.6K-1.9K0.3320.47N/AN/A1865,5281,108
2021-10-12$4.27$5.0055.4%20.9%0.0%0.0%71.0%-2.3%-11.4%7.2K-137.6K-1.9K0.0021.04N/AN/A3505,5341,104
2021-10-13$4.26$5.0069.4%19.9%0.0%0.0%68.2%-2.6%-7.2%10.2K-125.6K-1.8K0.0018.94N/AN/A2005,5401,070
2021-10-14$4.32$5.0068.1%19.5%0.0%0.0%65.2%1.8%0.0%4.5K-150.7K-1.8K0.0053.21N/AN/A18005,5511,070
2021-10-15$4.51$5.0056.2%16.1%0.0%0.0%56.8%9.2%6.0%5.0K-182.9K-1.8K2.6742.99N/AN/A3751,0015,5551,070
2021-10-18$4.26$5.0068.1%19.5%0.0%0.0%67.0%-0.5%-6.1%5.4K-126.0K-1.8K0.1835.64N/AN/A56102,888622
2021-10-19$4.20$5.0068.6%19.7%0.0%0.0%61.7%1.9%-12.0%166191.6K-2.2K0.0112.97N/AN/A15913,1611,622
2021-10-20$4.20$5.0067.4%19.3%0.0%0.0%65.2%6.0%-9.0%658216.0K-2.0K0.8258.28N/AN/A1,2601,0383,3481,633
2021-10-21$4.32$5.0066.7%19.1%0.0%0.0%67.2%1.4%-8.2%9.1K38.9K-2.7K4.6026.34N/AN/A2281,0484,5231,635
2021-10-22$4.28$5.0066.2%19.0%0.0%0.0%64.0%5.0%-7.1%9.0K79.7K-2.5K9.759.79N/AN/A1071,0434,6621,637
2021-10-25$4.38$5.0074.9%21.5%0.0%0.0%71.7%12.7%-13.2%14.0K-101.8K-3.1K4.2935.44N/AN/A2431,0435,0661,644
2021-10-26$4.31$5.0077.1%22.1%0.0%0.0%70.8%4.2%-13.4%14.3K-70.3K-3.0K11.3552.23N/AN/A921,0445,1721,644
2021-10-27$4.08$5.0076.9%22.0%0.0%0.0%49.6%26.9%-14.9%10.2K132.9K-2.3K12.7861.54N/AN/A821,0485,1931,644
2021-10-28$4.21$5.0075.6%21.7%0.0%0.0%71.2%26.1%-13.8%11.6K81.3K-2.4K10.3734.12N/AN/A1001,0375,2091,656
2021-10-29$4.17$5.0086.7%24.8%0.0%0.0%88.0%0.9%-8.9%31.1K-464.5K-3.7K0.4838.82N/AN/A2,1721,0378,0571,657